Blasts from the Preclassical Past: Why Contemporary Economics Education Should Listen to Preclassical Thought
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, wh...
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| Format: | Article |
| Language: | English |
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International Étienne Gilson Society
2019-12-01
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| Series: | Studia Gilsoniana |
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| Online Access: | http://cejsh.icm.edu.pl/cejsh/element/bwmeta1.element.desklight-a9a24f5b-7d76-43e1-9d1d-bb5ceb7db148?q=bwmeta1.element.cejsh-d0411c3a-1a18-405e-a235-6d0464a6f99d;3&qt=CHILDREN-STATELESS |
| _version_ | 1819266286043004928 |
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| author | Thomas A. Michaud |
| author_facet | Thomas A. Michaud |
| author_sort | Thomas A. Michaud |
| collection | DOAJ |
| description | 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. |
| first_indexed | 2024-12-23T20:58:51Z |
| format | Article |
| id | doaj.art-6cdedc3a75f040f7b8b59c33597259fb |
| institution | Directory Open Access Journal |
| issn | 2300-0066 2577-0314 |
| language | English |
| last_indexed | 2024-12-23T20:58:51Z |
| publishDate | 2019-12-01 |
| publisher | International Étienne Gilson Society |
| record_format | Article |
| series | Studia Gilsoniana |
| spelling | doaj.art-6cdedc3a75f040f7b8b59c33597259fb2022-12-21T17:31:26ZengInternational Étienne Gilson SocietyStudia Gilsoniana2300-00662577-03142019-12-018483985510.26385/SG.080434Blasts from the Preclassical Past: Why Contemporary Economics Education Should Listen to Preclassical ThoughtThomas A. Michaud0School of Professional Studies, West Liberty University, W.V., USAContemporary 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.http://cejsh.icm.edu.pl/cejsh/element/bwmeta1.element.desklight-a9a24f5b-7d76-43e1-9d1d-bb5ceb7db148?q=bwmeta1.element.cejsh-d0411c3a-1a18-405e-a235-6d0464a6f99d;3&qt=CHILDREN-STATELESSeconomicsmillennialseconomics educationbusiness ethicsprivate propertyjust pricemichael novakpreclassical economicsbusiness corporationentrepreneurshipwealth creation |
| spellingShingle | Thomas A. Michaud Blasts from the Preclassical Past: Why Contemporary Economics Education Should Listen to Preclassical Thought Studia Gilsoniana economics millennials economics education business ethics private property just price michael novak preclassical economics business corporation entrepreneurship wealth creation |
| title | Blasts from the Preclassical Past: Why Contemporary Economics Education Should Listen to Preclassical Thought |
| title_full | Blasts from the Preclassical Past: Why Contemporary Economics Education Should Listen to Preclassical Thought |
| title_fullStr | Blasts from the Preclassical Past: Why Contemporary Economics Education Should Listen to Preclassical Thought |
| title_full_unstemmed | Blasts from the Preclassical Past: Why Contemporary Economics Education Should Listen to Preclassical Thought |
| title_short | Blasts from the Preclassical Past: Why Contemporary Economics Education Should Listen to Preclassical Thought |
| title_sort | blasts from the preclassical past why contemporary economics education should listen to preclassical thought |
| topic | economics millennials economics education business ethics private property just price michael novak preclassical economics business corporation entrepreneurship wealth creation |
| url | http://cejsh.icm.edu.pl/cejsh/element/bwmeta1.element.desklight-a9a24f5b-7d76-43e1-9d1d-bb5ceb7db148?q=bwmeta1.element.cejsh-d0411c3a-1a18-405e-a235-6d0464a6f99d;3&qt=CHILDREN-STATELESS |
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