How Should An Economist View The Society? How can the distinction between philosophers and scientists be made? In the article, “A Challenge to Scientific Economics”, Louis Uchitelle focuses on the question of how an economist should view the world. Should the economists be satisfied with the approximations of the real world or should their job be more than just numbers and facts? According to Uchitelle, what made the early economists’ assumptions so effective was the fact that they were not only scientists, but also philosophers. They were interested in the before and after math of their results. Uchitelle compares the early and today’ economists’ point of view by quoting from important names like Robert L. Heilbroner, N. Gregory Mankiw and Keynes. Uchitelle illustrates the challenge to scientific economists w....

Number Of Pages: 2

Number Of Words: 538

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