About Culture in Economics

Abstract

The formal precision of modern economics, with its theoretical abstraction, its mathematical analytics and its reliance on disinterested scientific method in testing hypotheses about how economic system behave, might suggest that economics as a discipline does not have a cultural context, that it operates within a world that is not considered by, nor conditional upon, any cultural phenomena. But just as the radical critique described of contemporary economics has argued that the sort of economics described above cannot be value‐free, so also can it be suggested that economics as an intellectual cannot be culture‐free