Our reading this week was “Ethics in Economics” by Charles Wilber from the PAE Review.
Some Q’s:
1) How would our educations/textbooks change with the acknowledgment of value-permeation and the always “theory-laden” character of any analysis?
2) How does the policy conversation change?
3) What are the implications of seeing mainstream economic theory (or any theory, for that matter) working within a bounded paradigm?
Some links:
In this paper, Wilber alluded to the work of Thomas Kuhn and Deirdre McCloskey. Here are links to their wikipedia’s.
Open Economics 