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2019 | 8 | 4 | 839-855
Article title

Blasts from the Preclassical Past: Why Contemporary Economics Education Should Listen to Preclassical Thought

Content
Title variants
Languages of publication
EN
Abstracts
EN
Contemporary economics is dominated by logical positivism, a methodology that emphasizes empirical validation of theories but excludes normative evaluation. Preclassical economics was premised on normative analysis. With the growing socialist movement in the USA, especially among the millennials, who are fixated on moral issues of justice and equality, positive economics is alienated from addressing the normative challenges of socialism. There are, however, basic normative principles from Preclassical thought which can be used to contest socialist moral claims, particularly in economics education.
Year
Volume
8
Issue
4
Pages
839-855
Physical description
Dates
published
2019-12-30
Contributors
  • School of Professional Studies, West Liberty University, W.V., USA
References
  • Cagle, Kurt. “Rethinking Millennials and Generations Beyond” (August 22, 2018). Available online at: https://www.forbes.com/sites/cognitiveworld/2018/08/22/rethinking-millennials-and-generations-beyond/. Accessed Oct. 5, 2019.
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  • Investor’s Business Daily (August 24, 2018). Available online at: https://www.investors.com/editorials/millennials-socialism/. Accessed Oct. 5, 2019.
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  • Kirk, Charlie. “The Liberal Bias Starts in High School Economics Textbooks” (April 26, 2012). Available online at: https://www.breitbart.com/politics/2012/04/26/liberal-bias-starts-in-high-school-economics/. Accessed Oct. 5, 2019.
  • Landreth, Harry and David Colander. History of Economic Thought, Third Edition. Boston: Houghton Miflin, 1994.
  • Nate. “Communism is Gaining Ground: The Rise of Socialism in America Comes in Generational Waves.” The Christian Journal (February 22, 2018). Available online at: https://christianjournal.net/turning-point/academia/communism-is-gaining-ground-the-rise-of-socialism-in-america-comes-in-generational-waves/. Accessed Oct. 5, 2019.
  • Novak, Michael. “Public Arguments: Seven Plus Seven – The Responsibilities of Business Corporations.” Crisis Magazine (July 1, 1994). Available online at: https://www.crisismagazine.com/1994/public-arguments-seven-plus-seven-the-responsibilities-of-business-corporations. Accessed Oct. 5, 2019.
  • Rockwell, Lew. “The True Founders of Economics: The School of Salamanca.” Mises Institute Canada (May 1, 2018). Available online at: https://austrian.economicblogs.org/mises-canada/2018/rockwell-founders-economics-school-salamanca/. Accessed Oct. 5, 2019.
  • Rothband, Murray N. “New Light on the Prehistory of the Austrian School.” Mises Institute: Mises Daily Articles (November 10, 2006). Available online at: https://mises.org/library/new-light-prehistory-austrian-school. Accessed Oct. 5, 2019.
  • Spencer, Andrew. “Five Insights About Private Property from Aquinas.” Institute for Faith, Works and Economics (September 10, 2013). Available online at: https://tifwe.org/five-insights-about-private-property-from-aquinas/. Accessed Oct. 5, 2019.
Document Type
Publication order reference
Identifiers
ISSN
2300-0066
ISSN
2577-0314
YADDA identifier
bwmeta1.element.desklight-a9a24f5b-7d76-43e1-9d1d-bb5ceb7db148
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