Philosophy and economics (also philosophy of economics) may refer to the branch of philosophy that studies issues relating to economics or, alternatively, to the branch of economics that studies its own foundations and status as a moral science.
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Famous quotes containing the words philosophy and/or economics:
“There is, I confess, a hazard to the philosophical analysis of humor. If one rereads the passages that have been analyzed, one may no longer be able to laugh at them. This is an occupational hazard: Philosophy is taking the laughter out of humor.”
—A.P. Martinich (b. 1946)
“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)