April 18, 2018
Is economics an ideology?
Richard H. Spady, research professor of Economics at Johns Hopkins, has recently published a piece at First Things entitled ‘Economics as Ideology’ in which he explores some contemporary trends among economists and their use of economics as a Procrustean bed to reshape society in its own image,
A body of thought is “ideological” when it willfully projects its own first principles on its subject matter and actively seeks, perhaps unconsciously, material changes to bring social realities into conformity with these first principles. Continue Reading...
