Please read the following.
I need an explanation for this Writing question to help me study.
Things to remember while reading:
- Where do the ideas underlying mainstream economics come from? Are there alternatives to current economic thinking? Is thinking about the errors of past economists helpful?
- We should be thinking of economics as part of a broader concept of social theory. Together with political science, sociology, anthropology, and psychology, economics works to study human relationship and transactions between humans.
- Most economists think of themselves as scientists and, like mathematicians or chemists, assume that modern economic theory contains all the useful and valid work of past economics. Do you agree with this assumption?