The Language of Economics: Socially Constructed Vocabularies and Assumptions

Robert E. Mitchell

The Language of Economics: Socially Constructed Vocabularies and Assumptions
Format
Paperback
Publisher
Springer International Publishing AG
Country
Switzerland
Published
7 June 2018
Pages
131
ISBN
9783319816463

The Language of Economics: Socially Constructed Vocabularies and Assumptions

Robert E. Mitchell

This Palgrave Pivot demonstrates that the inherited vocabularies of economics and other social sciences contain socially constructed words and theories that bias our very understanding of history and markets, bridging the empirical and moral dimensions of economics in general and inequality in particular. Wealth, GDP, hierarchies, and inequality are socially constructed words infused with moral overtones that academic philosophers and policy analysts have used to raise questions about fairness and justice. This short intellectual and epistemological history explores and elaborates a limited number of key inequality-related terms, concepts, and mental images invented by centuries of economists and others. The author challenges us to question the assumptions made concerning presumably value-free concepts such as inequality, wealth, hierarchies, and the policy goals a nation can be pursuing.

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