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- W2487439583 abstract "Economics is a culturally and politically powerful and contested discipline, and it has been that way as long as it has existed. For some commentators, economics is the “queen of the social sciences”, while others view it as a “dismal science” (and both of these epithets allow for diverse interpretations; see Maki 2002). Economics is also a discipline that deals with a dynamically complex subject matter and has a tradition of reducing this complexity by using systematic procedures of simplification. Nowadays, these procedures involve for the most part building and using mathematical models (for an overview of the philosophical issues, see Morgan and Knuuttila 2011). In the dominant circles of the discipline, one is not regarded as a serious economist having a professional expert view on any given economic or social issue without having a model about it. Much of the power of the discipline and its characteristic contestations therefore involve models and modelling: the successes and failures of the dismal queen are those of modelling. The issues involved in economic modelling have been made particularly acute once again by the financial crisis of 2008-2009 and its aftermath: the discipline of economics is among the candidates for the major blame for failure." @default.
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- W2487439583 date "2012-01-01" @default.
- W2487439583 modified "2023-09-26" @default.
- W2487439583 title "Contested modelling: The case of economics" @default.
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