Economics - The Light And Fruit Debate (1) - Introduction


Economics - The Light And Fruit Debate (1) - Introduction


Description:

Professor Nick Barr and Professor Amos Witztum from the London School of Economics and Political Science provide a 'set of discourses', in which they discuss their view of economics and the role of economics as a discipline. The discussion starts with Professor Barr reading a quotation from Pigou, suggesting that economics is about 'light' (i.e. the development of an analytical framework) and 'fruit' (the application of that analytical framework to economic policy problems). Some economists argue that the main purpose of the academic study of economics is to push forward our theoretical understanding (light); others, like Pigou, argue that the main purpose of the subject is to find 'the causes of things', to apply analytical framework to economic policy problems in order to improve human lives (fruit). Throughout these videos Professor Nick Barr and Professor Amos Witztum debate their differing perspectives but both do agree that the 'light' and the 'fruit' are affected by each other. Much of what they discuss can also be applied to other social sciences. As you watch these video's notice how the debates emerge and how they justify their arguments, using theory and examples. You will need to view these videos more than once in order to understand the debates but also to get feeling as to how social scientists organise their arguments, providing example and evidence at each step. This set of videos illustrate how academic ideas emerge and how academics can agree and disagree. They also listen and engage with each others point of view and this sometimes creates a synthesis and third perspective. For more information on studying Economics University of London via distance learning visit http://www.londoninternational.ac.uk/lse or http://www2.lse.ac.uk/study/UOLIP/home.aspx


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