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Essay / Research Paper Abstract
This 4-page paper, based on the textbook A History of Economic Theory and Method, discusses the issues of ideas, methods and the concept of pluralism. In addition to outlining the authors' thoughts on these topics, the paper also discusses if these beliefs are valid or not.
Page Count:
4 pages (~225 words per page)
File: D0_MTidemat.rtf
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Unformatted sample text from the term paper:
The second is, does method matter? According to the authors, while ideas in and of themselves are hard to define, the basic
history of economics itself is a "history of ideas, because ideas form the raw material of any academic discipline." Yet, they continued,
there is a definite distinction between "ideas" and "ideology." Ideology, as the authors describe it, tends to be more dogmatic and restrictive than are ideas. "Classes in society tend to
coalesce around particular interests, with each group of interests more often than not confronting an opposing interest group," the authors note. But
the focus here isnt necessarily ideas or ideology, but whether such ideas ended up shaping the individual activities that impacted economics. Basically, they note, economic ideas only have importance to
society and catch on only when the time is right for acceptance. Furthermore, the authors note, ideas become action "within a framework
of policies, constraints or grounds rules that are established through a political process . . ." In other words, ideas can only gain ground if political and sociological institutions end
up embracing them. When it comes to this particular theory, the authors are definitely correct. History points out that ideas arent exactly
new - for example, Leonardo DaVinci had produced blueprints for flying machines centuries before the Wright Brothers flew the first "heavier than air" aircraft. Basically, the time must be right
(and the institutions must be in place) for an idea to become reality, and to be accepted. But what about method, ask
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