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Similar or different? A comparison of Austrian and feminist economics
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1
Wydział Prawa, Administracji i Ekonomii; Instytut Nauk Ekonomicznych, Uniwersytet Wrocławski, Polska
2
University of New York in Prague, Czech Republic
Submission date: 2023-09-18
Final revision date: 2023-10-20
Acceptance date: 2023-11-07
Publication date: 2024-03-28
Corresponding author
Alicja Katarzyna Sielska
Wydział Prawa, Administracji i Ekonomii; Instytut Nauk Ekonomicznych, Uniwersytet Wrocławski, Polska
Ekonomista 2024;(1):54-72
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ABSTRACT
Some researchers, including Horwitz (1995), point out similarities between two heterodox schools of economic thought,
viz. the Austrians and the feminists. These similarities include criticisms of neoclassical assumptions about the rationality
of market participants, perfect competition, and the mathematization of economics. This paper, however, argues that
these similarities are superficial, as there are numerous methodological differences between these two schools that have
led to divergent views on such issues as the nature of orthodox economics and its research methods, subjectivity, utility
functions and their interpersonal comparison, market competition, and gender discrimination in the labor market. It is
contended that these differences are difficult to reconcile, making any rapprochement between the two schools unlikely.
ACKNOWLEDGEMENTS
The authors wish to thank Krzysztof Turowski, those who attended the Institute of Economic Education seminar, and the anonymous Reviewers for their invaluable comments.