What does economics imperialism mean?
Definitions for economics imperialism
eco·nom·ics im·pe·ri·al·ism
This dictionary definitions page includes all the possible meanings, example usage and translations of the word economics imperialism.
Wikipedia
Economics imperialism
Economics imperialism is the economic analysis of non-economic aspects of life, such as crime, law, the family, prejudice, tastes, irrational behavior, politics, sociology, culture, religion, war, science, and research. Related usage of the term goes back as far as the 1930s.The emergence of such analysis has been attributed to a method that, like that of the physical sciences, permits refutable implications testable by standard statistical techniques. Central to that approach are "[t]he combined postulates of maximizing behavior, stable preferences and market equilibrium, applied relentlessly and unflinchingly". It has been asserted that these and a focus on economic efficiency have been ignored in other social sciences and "allowed economics to invade intellectual territory that was previously deemed to be outside the discipline's realm".Justin Fox suggests that other social sciences have also made forays into economics, such as psychology with Daniel Kahnemann and Amos Tversky's work on prospect theory, economic anthropology and more recent economic sociology.
Wikidata
Economics imperialism
Economics imperialism in contemporary economics refers to economic analysis of seemingly non-economic aspects of life, such as crime, law, the family, prejudice, tastes, irrational behavior, politics, sociology,culture, religion, war, science, and research. Related usage of the term predates recent decades. The emergence of such analysis has been attributed to a method that, like that of the physical sciences, permits refutable implications testable by standard statistical techniques. Central to that approach are "[t]he combined postulates of maximizing behavior, stable preferences and market equilibrium, applied relentlessly and unflinchingly." It has been asserted that these and a focus on economic efficiency have been ignored in other social sciences and "allowed economics to invade intellectual territory that was previously deemed to be outside the discipline’s realm."
Numerology
Chaldean Numerology
The numerical value of economics imperialism in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of economics imperialism in Pythagorean Numerology is: 4
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"economics imperialism." Definitions.net. STANDS4 LLC, 2024. Web. 7 Oct. 2024. <https://www.definitions.net/definition/economics+imperialism>.
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