What is the relationship of economics to:philosophy?political science?history?banking and finance?
by iwnit on July 20th, 2008 1) “The Philosophy of Economics is the branch of philosophy which studies philosophical issues relating to economics. It can also be defined as the branch of economics which studies its own foundations and status as a moral science.” Source and further information: http://en.wikipedia.org/wiki/Philosophy_of_economics 2) “Political economy originally was the term for studying production, buying and selling, and their relations with law, custom, and government. Political economy originated in moral philosophy (e.g. Adam Smith was Professor of Moral Philosophy at the University of Glasgow[1]), it developed in the 18th century as the study of the economies of states — polities, hence political economy. In contradiction to the theory of the Physiocrats, wherein land was the source of all wealth, some political economists proposed the labour theory of value (introduced by John Locke, developed by Adam Smith, and later by Karl Marx), according to which labour is th
