Read Chapter 3 – Thinking About Thinking

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Contents:

Opening Story: Sherlock Holmes on a camping trip – 53

Essentialism, Non-essentialism, Relativism, and Absolutism – 56

Exercise 3.1: Name the Type of Thinker – 58

Economics and Pluralism – 58

Pluralism in Economics – 59

The Case for Pluralism in Economics – 59

Ethics and Economics – 61

How to Build “Theory-Plus” – 62

Positive, Contextual, and Normative Economics – 65

But What Is True?! – 65

Test Yourself, Key Terms, Answer Key – 67