The phenomenology of economics: life-world, formalism, and the invisible hand

Abstract

The article presents a thesis on economic science relative to phenomenology. It explores the subjective constitution of economics and the scientification of economics with regard to practicing economics. Moreover, it discusses an informal means the public, professional, and pedagogical ethos of present-day economists and the social history of the scientification of economics from early modern Europe. It provides an intellectual biography of economist Gerard Debreu stressing on the challenge of scientific authority for economists.