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History of Thought of Economics as a Guide for the Future

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Abstract

Causes for the distinct and growing separation of the academic domains of economics and sociology are ongoing processes of specialization and fragmentation. Thanks to the multiplication of publications and knowledge in economics, degrees of specialization have emerged. One of the great paradoxes in economics is the existence of mainstream economics, which is taught to undergraduate students and dominates textbooks, side by side with fresh and provocative new contributions, which enter the arena and become established by public and academic debate, being awarded prestigious prizes in the process. The chapter tries to draw a few lines of development in economics oscillating between continuity and change. Especially, the interplay between different domains in social sciences is discussed as fields of tension and cooperation between economics, sociology, history, and psychology.

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Bögenhold, D. (2021). History of Thought of Economics as a Guide for the Future. In: McCallum, D. (eds) The Palgrave Handbook of the History of Human Sciences. Palgrave Macmillan, Singapore. https://doi.org/10.1007/978-981-15-4106-3_1-1

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