Critiques of Traditional Economics
Although there is no definitive list of the principles of feminist economics, feminist economists offer a variety of critiques of standard approaches in economics. For example, prominent feminist economist Paula England provided one of the earliest feminist critiques of traditional economics as she challenged the claims that:
- That interpersonal utility comparisons are impossible;
- That tastes are exogenous and unchanging;
- That actors are selfish; and
- That household heads act altruistically.
This list is not exhaustive but does represent some of the central feminist economic critiques of traditional economics, out of the wide variety of such viewpoints and critiques.
Read more about this topic: Feminist Economics
Famous quotes containing the words traditional and/or economics:
“Americans want action for their money. They are fascinated by its self-reproducing qualities if it’s put to work.... Gold-hoarding goes against the American grain; it fits in better with European pessimism than with America’s traditional optimism.”
—Paula Nelson (b. 1945)
“The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.”
—James Thurber (1894–1961)