Order:
  1.  10
    The Romantic Economist: Imagination in Economics.Richard Bronk - 2009 - Cambridge University Press.
    Since economies are dynamic processes driven by creativity, social norms, and emotions as well as rational calculation, why do economists largely study them using static equilibrium models and narrow rationalistic assumptions? Economic activity is as much a function of imagination and social sentiments as of the rational optimisation of given preferences and goods. Richard Bronk argues that economists can best model and explain these creative and social aspects of markets by using new structuring assumptions and metaphors derived from the poetry (...)
    Direct download  
     
    Export citation  
     
    Bookmark   7 citations  
  2.  47
    Hayek on the Wisdom of Prices: A Reassessment.Richard Bronk - 2013 - Erasmus Journal for Philosophy and Economics 6 (1):82-107.
  3.  21
    Reflexivity Unpacked: Performativity, Uncertainty and Analytical Monocultures.Richard Bronk - 2013 - Journal of Economic Methodology 20 (4):343-349.
    This paper analyses Soros' theory of reflexivity by breaking it down into several component concepts that are individually well analysed in existing literature – including performativity, self-reinforcing feedback loops and uncertainty. By focusing on the cognitive myopia implied by analytical monocultures and on the indeterminacy implied by innovation, it helps establish boundaries of applicability for reflexivity models. It argues that Soros largely ignores a key element in the formation of self-reinforcing delusions or market bubbles – the role played in conditions (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark