ABSTRACT

In previous chapters, casual reference has been made to the new phase of economics imperialism as a revolution in thought. In Section 2 of this chapter, this is not so much justified as set aside as simply serving as a dramatic, if deliberate, attentionseeking label. The substantive issue is what has happened between economics and the other social sciences. For this, a simple label will not suffice either for overall assessment or as a framework for more detailed case studies by subject matter or discipline. Yet, in Section 2, it is argued that the notion of revolution for the latest round of economics imperialism does at least have the advantage of highlighting that it is economics that is doing much more to the other social sciences rather than vice-versa. This is based on the continuities that exist in the transition as marked by representatives Gary Becker and George Akerlof, for old and new economics imperialism, respectively, despite the significant differences that followers of the latter would seek to emphasise.