Philosophy of Economics: A Contemporary Introduction

by Julian Reiss

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Economics examined through philosophical questions

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Economics examined through philosophical questions

Julian Reiss’s textbook maps three areas of inquiry—epistemology, metaphysics, and ethics—onto the study of economics. Its discussions address both the problems these fields raise and proposed ways of answering them. Concrete examples drawn from contemporary economics, the history of economic ideas, and real economic events connect abstract questions to economic practice. The book also considers philosophy’s relevance to economics as a science and to the economy itself, giving the subject a systematic introduction rather than treating it as detached theory.

Good fit for readers who enjoy

Students seeking an introduction to the philosophy of economics.
General readers interested in the assumptions and questions underlying economic thought.
Readers wanting philosophical issues explored through examples from economic history and contemporary events.

Themes

Epistemology, metaphysics, and ethics in economicsEconomic ideas and their historyPhilosophy’s relationship to economic science and practice

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Book overview

Philosophy of Economics: A Contemporary Introduction is the first systematic textbook in the philosophy of economics. It introduces the epistemological, metaphysical and ethical problems that arise in economics, and presents detailed discussions of the solutions that have been offered.

Throughout, philosophical issues are illustrated by and analysed in the context of concrete cases drawn from contemporary economics, the history of economic ideas, and actual economic events. This demonstrates the relevance of philosophy of economics both for the science of economics and for the economy.

This text will provide an excellent introduction to the philosophy of economics for students and interested general readers alike.

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