As a budding sociologist, I found the above article very interesting and thought to share on this blog. Consider the quotes below, from the article…
They say when all you have is a hammer, every problem looks like a nail. And the risk is that when every policy adviser is an economist, every problem looks like inadequate per-capita gross domestic product.
Shouldn’t we consider other views, such as sociological views on what is going on in the world, in Zimbabwe, in the US?
Economics is only a piece of a broader, societal problem. So maybe the people who study just that could be worth listening to.
One comment I liked on this post in NY Times:
Mathivanan India March 18, 2017
It’s true. Economy is a social institution. Therefore, economic problems are part of social problems. When economists look into economic problems they generally miss the woods for the tree. Sociologists can see an economic problem in a wider perspective but are not specialists. What we need is multidisciplinary approach.
What do you think?