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 Economists
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)
“There is no such thing as a free lunch.”
—Anonymous.
An axiom from economics popular in the 1960s, the words have no known source, though have been dated to the 1840s, when they were used in saloons where snacks were offered to customers. Ascribed to an Italian immigrant outside Grand Central Station, New York, in Alistair Cooke’s America (epilogue, 1973)