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Inverse View
It is not the case that Physical science provides the foundational causal vocabulary from which higher-level economic regularities derive their explanatory force.
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1.
Economic regularities operate at scales where physical micro-details are irrelevant; macroeconomic laws are causally autonomous.
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2.
Explanation at multiple levels can be legitimate without reduction; economic concepts have their own causal vocabulary and laws.
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3.
Physical science cannot predict or explain market crashes, inflation, or trade patterns; economics requires non-physical causal concepts.
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Reasons Against
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Reason against
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1.
All economic agents are physical systems governed by physical laws; economic causation ultimately reduces to physical causation.
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2.
Higher-level economic concepts (price, utility, demand) lack causal powers independent of their physical implementations.
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3.
Physics provides the most fundamental and universal causal vocabulary; other sciences borrow explanatory force from it.
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