Finance:Philosophy, politics and economics

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Short description: Interdisciplinary academic degree


Philosophy, politics and economics, or politics, philosophy and economics (PPE), is an interdisciplinary undergraduate or postgraduate degree which combines study from three disciplines. The first institution to offer degrees in PPE was the University of Oxford in the 1920s.

This particular course has produced a significant number of notable graduates such as Aung San Suu Kyi, Burmese politician and State Counsellor of Myanmar, Nobel Peace Prize winner; Princess Haya bint Hussein, daughter of the late King Hussein of Jordan; Christopher Hitchens, the British–American author and journalist;[1][2] Will Self, British author and journalist;[3][4] Oscar-winning writer and director Florian Henckel von Donnersmarck; Philippa Foot and Michael Dummett, philosophers; Harold Wilson, Edward Heath, David Cameron, Liz Truss and Rishi Sunak,[5] Prime Ministers of the United Kingdom; Hugh Gaitskell, Michael Foot, William Hague and Ed Miliband, former Leaders of the Opposition; former Prime Ministers of Pakistan Benazir Bhutto and Imran Khan; and Malcolm Fraser, Bob Hawke and Tony Abbott, former Prime Ministers of Australia.[6][7] The course received fresh attention in 2017, when Nobel Peace Prize winner Malala Yousafzai earned a place.[8][9]

In the 1980s, the University of York went on to establish its own PPE degree based upon the Oxford model; King's College London, the University of Warwick, the University of Manchester, and other British universities later followed. According to the BBC, the Oxford PPE "dominate[s] public life" (in the UK).[10] It is now offered at several other leading colleges and universities around the world. More recently Warwick University and King’s College added a new degree under the name of PPL (Politics, Philosophy and Law) with the aim to bring an alternative to the more classical PPE degrees.

In the United States , it is offered by over 50 colleges and universities, including three Ivy League schools and a large number of public universities.[11] Harvard University began offering a similar degree in Social Studies in 1960, which combines politics, philosophy, and economics with history and sociology.[citation needed] In 2020, in addition to its undergraduate degree programs in PPE, Virginia Tech joined the Chapman University's Smith Institute as among the first research centers in the world dedicated to interdisciplinary research in PPE.[12][13] Several PPE programs exist in Canada, most notably the first endowed school in the nation – the Frank McKenna School of Philosophy, Politics and Economics at Mount Allison University.[14] In Asia, Tsinghua University, Waseda University, NUS, Tel-Aviv University and Ashoka University are among those that have PPE or similar programs.[15][16][17][18][19]

History

Philosophy, politics and economics was established as a degree course at the University of Oxford in the 1920s,[20] as a modern alternative to classics (known as "literae humaniores" or "greats" at Oxford) because it was thought as a more modern alternative for those entering the civil service. It was thus initially known as "modern greats".[10][21] The first PPE students commenced their course in the autumn of 1921.[7] The regulation by which it was established is Statt. Tit. VI. Sect. 1 C; "the subject of the Honour School of Philosophy, Politics, and Economics shall be the study of the structure, and the philosophical and economic principles, of Modern Society."[22] Initially it was compulsory to study all three subjects for all three years of the course, but in 1970 this requirement was relaxed, and since then students have been able to drop one subject after the first year – most do this, but a minority continue with all three.[7]

During the 1960s some students started to critique the course from a left-wing perspective, culminating in the publication of a pamphlet, The Poverty of PPE, in 1968, written by Trevor Pateman, who argued that it "gives no training in scholarship, only refining to a high degree of perfection the ability to write short dilettantish essays on the basis of very little knowledge: ideal training for the social engineer". The pamphlet advocated incorporating the study of sociology, anthropology and art, and to take on the aim of "assist(ing) the radicalisation and mobilisation of political opinion outside the university". In response, some minor changes were made, with influential leftist writers such as Frantz Fanon and Régis Debray being added to politics reading lists, but the core of the programme remained the same.[7]

Christopher Stray has pointed to the course as one reason for the gradual decline of the study of classics, as classicists in political life began to be edged out by those who had studied the modern greats.[23]

Dario Castiglione and Iain Hampsher-Monk have described the course as being fundamental to the development of political thought in the UK, since it established a connection between politics and philosophy. Previously at Oxford, and for some time subsequently at Cambridge, politics had been taught only as a branch of modern history.[24]

Course material

The programme is rooted in the view that to understand social phenomena one must approach them from several complementary disciplinary directions and analytical frameworks. In this regard, the study of philosophy is considered important because it both equips students with meta-tools such as the ability to reason rigorously and logically, and facilitates ethical reflection. The study of politics is considered necessary because it acquaints students with the institutions that govern society and help solve collective action problems. Finally, studying economics is seen as vital in the modern world because political decisions often concern economic matters, and government decisions are often influenced by economic events. The vast majority of students at Oxford drop one of the three subjects for the second and third years of their course. Oxford now has more than 600 undergraduates studying the subject, admitting over 200 each year.[25]

Academic opinions

Oxford PPE graduate Nick Cohen and former tutor Iain McLean consider the course's breadth important to its appeal, especially "because British society values generalists over specialists". Academic and Labour peer Maurice Glasman noted that "PPE combines the status of an elite university degree – PPE is the ultimate form of being good at school – with the stamp of a vocational course. It is perfect training for cabinet membership, and it gives you a view of life". However he also noted that it had an orientation towards consensus politics and technocracy.[7]

Geoffrey Evans, an Oxford fellow in politics and a senior tutor, critiques that the Oxford course's success and consequent over-demand is a self-perpetuating feature of those in front of and behind the scenes in national administration, in stating "all in all, it's how the class system works". In the current economic system he bemoans the unavoidable inequalities besetting admissions and thereby enviable recruitment prospects of successful graduates. The argument itself intended as a paternalistic ethical reflection on how governments and peoples can perpetuate social stratification.[10]

Stewart Wood, a former adviser to Ed Miliband who studied PPE at Oxford in the 1980s and taught politics there in the 1990s and 2000s, acknowledged that the programme has been slow to catch up with contemporary political developments, saying that "it does still feel like a course for people who are going to run the Raj in 1936... In the politics part of PPE, you can go three years without discussing a single contemporary public policy issue". He also stated that the structure of the course gave it a centrist bias, due to the range of material covered: "...most students think, mistakenly, that the only way to do it justice is to take a centre position".[7]

List of offering universities

United Kingdom


Ireland

  • National University of Ireland, Maynooth[57]
  • UCD, National University of Ireland
  • Trinity College, The University of Dublin

North America

Canada

United States


Africa

  • Stellenbosch University[154]
  • Obafemi Awolowo University,[155] Nigeria
  • University of Cape Town[156]
  • University of KwaZulu-Natal[157]
  • University of South Africa[158]
  • University of Johannesburg[159]
  • University of Witwatersrand[160]
  • Afe Babalola University,[161] Nigeria
  • University of Pretoria[162]

Oceania

Australia

  • Australian National University[163]
  • Deakin University[164]
  • La Trobe University[165]
  • University of Adelaide[166]
  • University of New South Wales[167]
  • University of Queensland[168]
  • University of Technology, Sydney[169]
  • University of Western Australia[170]
  • University of Wollongong
  • Murdoch University[171] (appears as a unit in Philosophy (BA) or Ethics minor)
  • Monash University[172]

New Zealand

Continental Europe

Northern Europe

Southern Europe

Italy
  • Ca' Foscari University of Venice, Italy (under the designation of "Philosophy, International Studies and Economics" abbreviated "PISE", more recently “Philosophy, International and Economic Studies”)
  • Free University of Bolzano, Italy
  • Libera Università Internazionale degli Studi Sociali Guido Carli, Rome (Italy)[178]
  • University of Milan, Italy (BA International Politics, Law, and Economics, MA Politics, Philosophy, and Public Affairs )[179][180]
  • University of Bari, Italy (University Master Programme, 'Philosophy, Politics and Economics in Med')[181]
Iberian Peninsula
  • ISCTE - University Institute of Lisbon (Politics, Economy and Society)
  • Catholic University of Lisbon - Human Sciences university[182]
  • Charles III University of Madrid,[183] Autonomous University of Madrid, Autonomous University of Barcelona and Pompeu Fabra University[184] (alliance of four universities), Spain
  • Ramon Llull University, Barcelona, Spain[185]
  • Comillas Pontifical University, Madrid[186] (joint degree), Spain
  • Francisco de Vitoria University, Spain[187]
  • University of Navarra, Spain[188]
  • University of Deusto, Basque Country, Spain[189]
  • IE University, Madrid, Spain[190] (offered together with Law)
Turkey
  • Ankara University, Turkey(Politics and Economics, still abbreviated as PPE)[191]

Western Europe

Low Countries
  • UCLouvain, Belgium[192]
  • Utrecht University, Netherlands (Philosophy, Politics and Economics BSc)
  • Leiden University, Netherlands[193]
  • University of Amsterdam, Netherlands under the designation: PPLE, Politics, Psychology, Law and Economics[194]
  • VU Amsterdam, Netherlands, Bachelor's Philosophy, Politics and Economics[195] at the John Stuart Mill College[196]
  • Erasmus University College, Netherlands, under the designation, Bachelor of Liberal Arts and Science - Major in Philosophy, Politics and Economics (PPE) - and a Research Master in Philosophy and Economics. [197]
  • University of Groningen, Netherlands, Master's Philosophy, Politics and Economics [198]
German Language Speaking countries(DACH)
  • Central European University, Vienna, Austria
  • Karlshochschule International University, Germany, offers both a BA in Politics, Philosophy & Economics "PPE" as well as a MA in "Social Transformation: PPE".
  • University of Vienna, Austria (MA Philosophy and Economics, P&E)
  • University of Salzburg, Austria
  • University of Graz, Austria (under the designation of MA "political, economic and legal philosophy" abbreviated "PELP")[199]
  • Bard College Berlin, Germany (under the designation of BA "Economics, Politics and Social Thought" abbreviated "EPST")[200]
  • Frankfurt School of Finance & Management, Germany (under the designation of B.Sc. "Management, Philosophy & Economics" abbreviated "MPE")[201]
  • University of Bayreuth, Germany (Philosophy and Economics, P&E)[202]
  • University of Hamburg, Germany (under the designation of M.Sc. "politics, economics and philosophy" abbreviated "PEP")[203]
  • Heinrich-Heine-University Düsseldorf, Germany (Bachelor since 2018/ Master starting in 2023) [204]
  • Ludwig Maximilian University of Munich, Germany[205]
  • Witten/Herdecke University (bachelor and master), Germany[206]
  • University of Zurich, Switzerland (under the designation of MA "economic and political philosophy")[207]
  • University of Bern, Switzerland (under the designation of MA "political, legal and economic philosophy" abbreviated "PLEP")[208]
  • University of Lucerne, Switzerland[209]
France
  • American University of Paris, France [210]
  • Sciences Po, France
  • European School of Political and Social Sciences, France

Eastern Europe

Visegrád Group
Others
  • University of Bucharest, Romania (Master's degree in Philosophy, Politics and Economics)
  • National Research University – Higher School of Economics, (Masters in Politics, Economics, Philosophy), Moscow, Russia
  • Ukrainian Catholic University, Lviv, Ukraine (under the designation "Ethics. Politics. Economics", abbreviated "EPE")
  • American University of Armenia, (Minor in Philosophy, Politics, & Economics, abbreviated as PPE), Yerevan, Armenia


Asia

East Asia

Greater China
  • Tsinghua University, Beijing, China
  • Peking University,[212] Beijing, China
  • Renmin University of China,[213] Beijing, China
  • Beijing Normal University, Beijing, China
  • Fudan University, Shanghai, China
  • Nankai University, Tianjin, China
  • Wuhan University, Wuhan, China
  • Zhongnan University of Economics and Law, Wuhan, China
  • Shandong University, Jinan, China
  • Inner Mongolia University, Hohhot, China
  • Hang Seng University of Hong Kong, Hong Kong
Korea
  • Seoul National University, S. Korea
  • Korea University, S. Korea
  • Kyungpook National University,[214] S. Korea
  • Sogang University, S. Korea
  • Hanyang University[215] (under the designation "PPEL" - with law), S. Korea
  • Yonsei University, S. Korea
Japan
  • Waseda University, Japan[216]

Southeast Asia

Singapore
  • Yale-NUS, Singapore[217]
  • National University of Singapore, Singapore[218]
Thailand

South Asia

Indian Subcontinent
  • Lucknow University, Lucknow, India
  • Amity University, Noida, India[219]
  • Bangalore University, Bangalore, India
  • Birla Institute of Technology and Science, India
  • Ashoka University, India
  • Asian University for Women, Bangladesh

Middle East

Israel


Latin America

  • Universidad Torcuato Di Tella (under the designation "Ciencia Sociales, Orientación en Política y Economía"), Argentina
  • Universidad Metropolitana (under the designation "Estudios Liberales"), Venezuela
  • Universidad de las Americas (under the designation "Filosofia, Politica, y Economia), Ecuador
  • Universidad del Desarrollo Chile (under the Master Program "Filosofia, Politica, y Economia PPE), Santiago de Chile.

See also

  • Literae Humaniores
  • Philosophy and economics
  • List of University of Oxford people with PPE degrees

References

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External links

Further reading

  • Anomaly, Jonathan; Brennan, Geoffrey; Munger, Michael; Sayre-McCord, Geoff (2016). Philosophy, Politics, and Economics: An Anthology. Oxford, UK: Oxford University Press. 
  • Gaus, Jerry; Thrasher, John (2021). Philosophy, Politics, and Economics: An Introduction. Princeton, NJ: Princeton University Press.