Approaching the History of Economic Thought Relativist interpretations Focus on the ways in which external(historical, economic, sociological, and pol
{"Image DocumentName": "Approaching the History of Economic Thought", "Image ImageDescription": "How do economic theories arise? From Harry Landreth and David C. Colander, History of Economic Thought, 4th ed.: In broad terms, there are two approaches to answering this question \u2026 Relativist interpretations. Focus on the ways in which external(historical, economic, sociological, and political) forces shape the content of emerging theory. View the development of economic thought as responsive to historical events. Absolutist interpretations. Stress internal forces in explaining the development of economic theory. View the development of economic thought as a process of discovering and explaining unsolved theoretical problems apart from historical circumstance.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}