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Is Economics Normal Science: Do Economists Share a Paradigm?

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Janis Schaab

Bayreuth, DE
About Janis
BA Philosophy and Economics
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Abstract

Thomas Kuhn provided a scheme for the development of the natural sciences. According to Kuhn, this development is marked by periods of cumulative normal science on the one hand and non-cumulative turning points, so-called scientific revolutions, on the other. This essay is meant to answer the question as to whether economics matches the picture Kuhn draws of normal science. I argue that economics should in fact be considered normal science since it has acquired efficient ways of puzzle-solving and a high degree of professionalization. However, economics’ paradigm, neoclassic theory, is not as widely shared as paradigms in the natural sciences. It seems that this divergence is due to more general differences between the social and the natural sciences.

How to Cite: Schaab, J., 2013. Is Economics Normal Science: Do Economists Share a Paradigm?. Rerum Causae, 4(1), pp.22–30.
Published on 01 Jan 2013.
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