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Marquette University

Economics imperialism

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(Wp 2023-03) Economics Imperialism And Economic Imperialism: Two Sides Of The Same Coin, Angela Ambrosino, Mario Cedrini, John B. Davis Sep 2023

(Wp 2023-03) Economics Imperialism And Economic Imperialism: Two Sides Of The Same Coin, Angela Ambrosino, Mario Cedrini, John B. Davis

Economics Working Papers

We argue that in a core-periphery economic world economics imperialism as advanced by the postwar Chicago School and economic imperialism led by the economies of the north are two sides of the same coin. We first review the parallelism between postwar capitalism’s core-periphery expansion of the north into the south and the Chicago’s theory of economics imperialism. We then distinguish four forms of relationships between different disciplines, and using Rodrik’s augmented global capitalism trilemma argue Chicago adopts his Golden Straitjacket pathway, both for north-south capitalist expansion and core mainstream economics’ orientation toward other social science disciplines. The paper then uses …


(Wp 2017-04) Behavioral Economics And The Positive-Normative Distinction: Sunstein’S Choosing Not To Choose And Behavioral Economics Imperialism, John B. Davis Oct 2017

(Wp 2017-04) Behavioral Economics And The Positive-Normative Distinction: Sunstein’S Choosing Not To Choose And Behavioral Economics Imperialism, John B. Davis

Economics Working Papers

This paper examines behavioral economics’ use of the positive-normative distinction in its critique of standard rational choice theory as normative, and argues that it departs from Robbins’ understanding of that distinction in ways that suggest behavioral economists themselves do not observe that distinction. One implication of this is that behavioral economists generally do not recognize Putnam’s fact-value ‘entanglement thesis’ while a second implication is that the charge that rational choice theory is descriptively inadequate paradoxically appears to mean that it does not employ the implicit value basis and normative vision that behavioral economics recommends, thus actually violating Robbins’ distinction. This …


Review Of Economics Imperialism Versus Multidisciplinarity, John B. Davis Jan 2016

Review Of Economics Imperialism Versus Multidisciplinarity, John B. Davis

Economics Faculty Research and Publications

This paper examines the implications of Chicago School economist Edward Lazear’s 2000 defense of economics imperialism using standard trade theory. It associates that defense with interdisciplinarity or the idea that the sciences are relatively autonomous, but treats this defense as a mask for a more conventional imperialist strategy of promoting Chicago School neoclassicism. Lazear’s argument actually created a dilemma for Chicago regarding how it could espouse interdisciplinarity while operating in a contrary way. I argue that the solution to this dilemma was for neoclassicism to rebuild economics imperialism around neoclassicism as a theory that sees the world in its own …


Economics Imperialism Under The Impact Of Psychology: The Case Of Behavioral Development Economics, John B. Davis Mar 2013

Economics Imperialism Under The Impact Of Psychology: The Case Of Behavioral Development Economics, John B. Davis

Economics Faculty Research and Publications

Economics imperialism is broadly explained as economics having an impact on other disciplines. But how should economics imperialism be understood when it is in some sense the product of other disciplines having an impact on economics? The paper examines psychology’s impact on economics in connection with the emergence of behavioral development economics, and then discusses the nature of behavioral development economics imperialism associated with development economists’ explanations of non-market dimensions of life in developing economies in behavioral economics terms. The paper argues that this new form of economics imperialism reflects economics’ selective appropriation from psychology of the Kahneman-Tversky heuristics and …


(Wp 2013-01) Economics Imperialism Under The Impact Of Psychology: The Case Of Behavioral Development Economics, John Davis Feb 2013

(Wp 2013-01) Economics Imperialism Under The Impact Of Psychology: The Case Of Behavioral Development Economics, John Davis

Economics Working Papers

Economics imperialism is broadly explained as economics having an impact on other disciplines. But how should economics imperialism be understood when it is in some sense the product of other disciplines having an impact on economics? The paper examines psychology’s impact on economics in connection with the emergence of behavioral development economics, and then discusses the nature of behavioral development economics imperialism associated with development economists’ explanations of non-market dimensions of life in developing economies in behavioral economics terms. The paper argues that this new form of economics imperialism reflects economics’ selective appropriation from psychology of the Kahneman-Tversky heuristics and …


(Wp 2010-04) Mäki On Economics Imperialism, John B. Davis Sep 2010

(Wp 2010-04) Mäki On Economics Imperialism, John B. Davis

Economics Working Papers

This paper reviews Uskali Mäki’s epistemic analysis of economics imperialism formulated in terms of the science unification ideal and the three constraints on imperialism he develops. It then examines the phenomenon of 'reverse imperialism' associated with the influence of other fields on economics especially since 1980, and advances a core-periphery model of the identity of economics as a field made up of a collection of different research programs. The discussion returns to Mäki’s constraints framework to re-evaluate the 'economics' imperialism of individual research programs, and evaluates what we learn from Mäki’s three constraints. The paper concludes with a brief comment …