Is it "natural" to expect Economics to become a part of the Natural Sciences?
Arnab Chatterjee
TL;DR
This paper explores whether Economics can be considered a natural science, engaging in a debate about its scientific status and the criteria that define natural sciences.
Contribution
It analyzes the ongoing debate on the scientific nature of Economics and discusses the criteria for considering it a natural science.
Findings
Economics faces challenges in meeting natural science criteria
The debate highlights differences between social and physical sciences
The paper suggests potential pathways for Economics to align with natural science standards
Abstract
We are in the middle of a complex debate as to whether Economics is really a proper natural science. The 'Discussion & Debate' issue of this Euro. Phys. J. Special Topic volume is: 'Can economics be a Physical Science?' I discuss some aspects here.
Peer Reviews
No public reviews on file for this paper yet. If you reviewed it on a platform where reviews are public (OpenReview, ICLR, NeurIPS, ICML), you can paste yours below so the community can read it here.
Videos
No videos yet. Explain this paper in a talk, walkthrough, or lecture? Add one.
Taxonomy
TopicsComplex Systems and Time Series Analysis · Economic Theory and Institutions