The Political Element in the Development of Economic Theory

E418211

The Political Element in the Development of Economic Theory is a seminal work by economist Gunnar Myrdal that critically examines how political values and ideological biases shape the formulation and evolution of economic theories.

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Predicate Object
instanceOf book
non-fiction book
work of economic methodology
aimsTo clarify the relationship between politics and economics
improve transparency in economic reasoning
reveal hidden value judgments in economic theories
associatedWith Stockholm School of Economics
surface form: Stockholm school of economics
author Gunnar Myrdal
countryOfOrigin Sweden
critiques claim of value-free economics
classical economic theory
neoclassical economic theory
field economics
political economy
social science methodology
focusesOn ideological bias in economic models
interaction between politics and economic theory
normative versus positive economics
role of value judgments in economic analysis
genre economics
history of economic thought
philosophy of economics
hasKeyConcept ideological bias
normative analysis
political element in economic reasoning
positive analysis
value premises
hasPerspective critical
interdisciplinary
influenced development economics
later debates on value-ladenness of social science
methodology of economics
welfare economics
influencedBy Gustav Cassel NERFINISHED
Swedish economic tradition
language English
Swedish
mainSubject economic theory
ideology in economic thought
political influences on economics
value judgments in economics
notableFor early critique of value-free economic science
influence on methodological self-reflection in economics
systematic analysis of value judgments in economics
proposes explicit recognition of value premises in economics
publicationYear 1930s

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Gunnar Myrdal notableWork The Political Element in the Development of Economic Theory
Asian Drama: An Inquiry into the Poverty of Nations relatedWork The Political Element in the Development of Economic Theory