ITS ROLE IN ECONOMIC-THOUGHT AND ACTION

Authors
Citation
Jb. Rosser, ITS ROLE IN ECONOMIC-THOUGHT AND ACTION, The American journal of economics and sociology, 52(3), 1993, pp. 355-368
Citations number
48
Categorie Soggetti
Economics,Sociology
ISSN journal
00029246
Volume
52
Issue
3
Year of publication
1993
Pages
355 - 368
Database
ISI
SICI code
0002-9246(1993)52:3<355:IRIEAA>2.0.ZU;2-K
Abstract
The important role of belief in economic theorizing, ideology formatio n, and individual behavior is examined. Its role in the making of unre alistic assumptions in economic theory is considered. The extent to wh ich this derives from ideological predispositions and the relationship of ideology to theology is analyzed. The role of self-fulfilling prop hecies is examined as an example of belief driving economic action.