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Article: Taking out the pins: economics as alive and living in the history of economic thought.
- Article from:
- Economic Papers - Economic Society of Australia
- Article date:
- June 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 Economic Society of Australia. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The paper seeks to vindicate the value of the study of the history of economic thought (HET). It argues against the complaint that the study is antiquarian. It contends that, although HET does not confer operational and objective skills, it does provide insight into economic ideas, and sharpens our acumen in responding to them.
Keywords: Teaching; History of Economic Thought.
JEL codes: A22, A23, B10, B20.
1 Introduction
Neurology teaches that amnesiacs commonly retain many of their old skills after the onset of amnesia. This prompts a question: if they remain so 'capable', why are amnesiacs so often stricken by despair? The answer is ...