Power and Influence of Economists

Maeße, Jens; Pühringer, Stephan; Rossier, Thierry; Benz, Pierre

doi:10.4324/9780367817084

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Economics-specific Determinants Of Authority Costs1

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2022

2024

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Cited by 10 publications

(1 citation statement)

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“…For a discipline with little authority in the first place, the authority-threatening side-effects of plurality are not that relevant. But economics is the most authoritative and influential of the social sciences (Hirschman and Berman 2014;Maesse et al 2022), and consequently it has much to lose if the costs are realized. Furthermore, there is reason to believe that the authority of economics is particularly brittle in face of the side-effects of plurality.…”

Section: Economics-specific Determinants Of Authority Costsmentioning

confidence: 99%

Costs and Benefits of Diverse Plurality in Economics

Lari,

Mäki

2024

Philosophy of the Social Sciences

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The literature on pluralism in economics has focused on the benefits expected from the plurality of theories, methods, and frameworks. This overlooks half of the picture: the costs. Neither have the multifarious costs been systematically analyzed in philosophy of science. We begin rectifying this neglect. We discuss how the benefits of plurality and diversity in science presuppose distinct types of plurality and how various benefit and plurality types are associated with different types of costs. Finally, we ponder how the general mechanisms that give rise to the costs of plurality and diversity are aggravated by various disciplinary characteristics of economics.

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Section: Economics-specific Determinants Of Authority Costsmentioning

confidence: 99%