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:
“The philosophy of hedonism means little to lovers of pleasure. They have no inclination to read philosophy, or to write it.”
—Mason Cooley (b. 1927)
“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)