Results for 'economics'

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  1. Economic Experiments as Mediators.Francesco Guala & London School of Economics and Political Science - 1998 - Lse Centre for Philosophy of Natural & Social Science.
  2. Economics and Reality.Tony Lawson - 1997 - Routledge.
    There is an increasingly widespread belief, both within and outside the discipline, that modern economics is irrelevant to the understanding of the real world. Economics and Reality traces this irrelevance to the failure of economists to match their methods with their subject, showing that formal, mathematical models are unsuitable to the social realities economists purport to address. Tony Lawson examines the various ways in which mainstream economics is rooted in positivist philosophy and examines the problems this causes. (...)
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  3. Economics: Mathematical Politics or Science of Diminishing Returns?Alexander Rosenberg - 1992 - University of Chicago Press.
    Economics today cannot predict the likely outcome of specific events any better than it could in the time of Adam Smith. This is Alexander Rosenberg's controversial challenge to the scientific status of economics. Rosenberg explains that the defining characteristic of any science is predictive improvability--the capacity to create more precise forecasts by evaluating the success of earlier predictions--and he forcefully argues that because economics has not been able to increase its predictive power for over two centuries, it (...)
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  4. The Good and the Economical Ethical Choices in Economics and Management.Peter Koslowski, Yuichi Shionoya & Seep-Conference on Economic Ethics And Philosophy - 1993
     
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  5.  31
    Karl Milford Inductivism in 19™ Century German Economics.Century German Economics - 2004 - In Friedrich Stadler (ed.), Induction and Deduction in the Sciences. Springer. pp. 273.
  6. 1. The Relation Between Positive and Normative Economics Confusion Between Positive and Normative Economics is to Some Extent Inevitable. The Subject Matter of Economics is Regarded by Almost Everyone From Essays in Positive Economics (Chicago: University of Chicago Press, 1953), Part I, Sections 1, 2, 3, and 6.Positive Economics & Milton Friedman - 1979 - In Frank Hahn & Martin Hollis (eds.), Philosophy and Economic Theory. Oxford University Press. pp. 18.
     
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  7.  61
    Integrative Economic Ethics: Foundations of a Civilized Market Economy.Peter Ulrich - 2008 - Cambridge University Press.
    Morality and economic rationality: integrative economic ethics as the rational ethics of economic activity; Part II. Reflections on the Foundations of Economic ...
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  8. “Economic Man” in Cross-Cultural Perspective: Behavioral Experiments in 15 Small-Scale Societies.Joseph Henrich, Robert Boyd, Samuel Bowles, Colin Camerer, Ernst Fehr, Herbert Gintis, Richard McElreath, Michael Alvard, Abigail Barr, Jean Ensminger, Natalie Smith Henrich, Kim Hill, Francisco Gil-White, Michael Gurven, Frank W. Marlowe & John Q. Patton - 2005 - Behavioral and Brain Sciences 28 (6):795-815.
    Researchers from across the social sciences have found consistent deviations from the predictions of the canonical model of self-interest in hundreds of experiments from around the world. This research, however, cannot determine whether the uniformity results from universal patterns of human behavior or from the limited cultural variation available among the university students used in virtually all prior experimental work. To address this, we undertook a cross-cultural study of behavior in ultimatum, public goods, and dictator games in a range of (...)
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  9.  89
    Economic Analysis, Moral Philosophy and Public Policy.Daniel Hausman, Michael McPherson & Debra Satz - 2006 - Cambridge University Press.
    This book shows through argument and numerous policy-related examples how understanding moral philosophy can improve economic analysis, how moral philosophy can benefit from economists' analytical tools, and how economic analysis and moral philosophy together can inform public policy. Part I explores the idea of rationality and its connections to ethics, arguing that when they defend their formal model of rationality, most economists implicitly espouse contestable moral principles. Part II addresses the nature and measurement of welfare, utilitarianism and cost-benefit analysis. Part (...)
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  10.  38
    Sweatshops: Economic Analysis and Exploitation as Unfairness.Gordon G. Sollars & Fred Englander - 2018 - Journal of Business Ethics 149 (1):15-29.
    The economic and moral defense of sweatshops given by Powell and Zwolinski has been criticized in two recent papers. Coakley and Kates focus on putative weaknesses in the logic of Powell’s and Zwolinski’s argument. Preiss :55–82, 2014) argues that, even granting the validity of their economic argument, Powell’s and Zwolinski’s defense is without force when viewed from a Kantian republican viewpoint. We are concerned that sweatshop critics have misinterpreted the economic literature and overstated the conclusions that follow from their ethical (...)
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  11.  1
    Reorienting Economics.Tony Lawson - 2003 - Routledge.
    This eagerly anticipated new book from Tony Lawson contends that economics can profit from a more explicit concern with ontology than has been its custom. By admitting that economics is not exactly a picture of health at the moment, Lawson hopes that we can move away from the bafflingly intransigent belief that economics is at its core reliant upon mathematical modelling. This maths-envy is the reason why economics is in a state of such disarray. Far from (...)
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  12.  47
    Economic Theory and Cognitive Science: Microexplanation.Don Ross - 2007 - Bradford.
    In this study, Don Ross explores the relationship of economics to other branches of behavioral science, asking, in the course of his analysis, under what interpretation economics is a sound empirical science. The book explores the relationships between economic theory and the theoretical foundations of related disciplines that are relevant to the day-to-day work of economics -- the cognitive and behavioral sciences. It asks whether the increasingly sophisticated techniques of microeconomic analysis have revealed any deep empirical regularities (...)
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  13. Are Economic Liberties Basic Rights?Jeppe von Platz - 2014 - Politics, Philosophy, and Economics 13 (1):23-44.
    In this essay I discuss a powerful challenge to high-liberalism: the challenge presented by neoclassical liberals that the high-liberal assumptions and values imply that the full range of economic liberties are basic rights. If the claim is true, then the high-liberal road from ideals of democracy and democratic citizenship to left-liberal institutions is blocked. Indeed, in that case the high-liberal is committed to an institutional scheme more along the lines of laissez-faire capitalism than property-owning democracy. To present and discuss this (...)
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  14.  76
    The Economics of Justice.Richard A. Posner (ed.) - 1981 - Harvard University Press.
    In this book, he applies economic theory to four areas of interest to students of social and legal institutions: the theory of justice, primitive and ancient ...
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  15. Austrian Economics and Austrian Philosophy.Barry Smith - 1986 - In Wolfgang Grassl & Barry Smith (eds.), Austrian Economics: Historical and Philosophical Background. London: Croom Helm, reprinted: Routledge Revivals, 2010. pp. 1-36.
    Austrian economics starts out from the thesis that the objects of economic science differ from those of the natural sciences because of the centrality of the economic agent. This allows a certain a priori or essentialistic aspect to economic science of a sort which parallels the a priori dimension of psychology defended by Brentano and his student Edmund Husserl. We outline these parallels, and show how the theory of a priori dependence relations outlined in Husserl’s Logical Investigations can throw (...)
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  16.  57
    Economics.Paul A. Samuelson & William D. Nordhaus - 2010 - Mcgraw-Hill Irwin.
    Samuelson's text was first published in 1948, and it immediately became the authority for the principles of economics courses. The book continues to be the standard-bearer for principles courses, and this revision continues to be a clear, accurate, and interesting introduction to modern economics principles. Bill Nordhaus is now the primary author of this text, and he has revised the book to be as current and relevant as ever.
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  17.  3
    Economics Rules: Why Economics Works, When It Fails, and How to Tell the Difference.Dani Rodrik - 2015 - Oxford University Press UK.
    The economics profession has become a favourite punching bag in the aftermath of the global financial crisis. Economists are widely reviled and their influence derided by the general public. Yet their services have never been in greater demand. To unravel the paradox, we need to understand both the strengths and weaknesses of economics. This book offers both a defence and critique of economics. Economists' way of thinking about social phenomena has great advantages. But the flexible, contextual nature (...)
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  18. Economic Modelling as Robustness Analysis.Jaakko Kuorikoski, Aki Lehtinen & Caterina Marchionni - 2010 - British Journal for the Philosophy of Science 61 (3):541-567.
    We claim that the process of theoretical model refinement in economics is best characterised as robustness analysis: the systematic examination of the robustness of modelling results with respect to particular modelling assumptions. We argue that this practise has epistemic value by extending William Wimsatt's account of robustness analysis as triangulation via independent means of determination. For economists robustness analysis is a crucial methodological strategy because their models are often based on idealisations and abstractions, and it is usually difficult to (...)
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  19.  19
    Understanding Economic Inequality Through the Lens of Caste.Hari Bapuji & Snehanjali Chrispal - 2020 - Journal of Business Ethics 162 (3):533-551.
    Research on economic inequality has largely focused on understanding the relationship between organizations and inequality but has paid limited attention to the role of institutions in the creation and maintenance of inequality. In this article, we use insights from the caste system—an institution that perpetuates socio-economic inequalities and limits human functions—to elaborate on three elements of economic inequality: uneven dispersions in resource endowments, uneven access to productive resources and opportunities, and uneven rewards to resource contributions. We argue that economic inequalities (...)
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  20.  65
    Rationality in Economics: Constructivist and Ecological Forms.Vernon L. Smith - 2007 - Cambridge University Press.
    The principal findings of experimental economics are that impersonal exchange in markets converges in repeated interaction to the equilibrium states implied by economic theory, under information conditions far weaker than specified in the theory. In personal, social, and economic exchange, as studied in two-person games, cooperation exceeds the prediction of traditional game theory. This book relates these two findings to field studies and applications and integrates them with the main themes of the Scottish Enlightenment and with the thoughts of (...)
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  21. Modeling Economic Systems as Locally-Constructive Sequential Games.Leigh Tesfatsion - 2017 - Journal of Economic Methodology 24 (4):1-26.
    Real-world economies are open-ended dynamic systems consisting of heterogeneous interacting participants. Human participants are decision-makers who strategically take into account the past actions and potential future actions of other participants. All participants are forced to be locally constructive, meaning their actions at any given time must be based on their local states; and participant actions at any given time affect future local states. Taken together, these essential properties imply real-world economies are locally-constructive sequential games. This paper discusses a modeling approach, (...)
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  22.  26
    Experimental Economics: Rethinking the Rules.Nicholas Bardsley, Robin Cubitt, Graham Loomes, Peter Moffatt, Chris Starmer & Robert Sugden - 2009 - Princeton University Press.
    The authors explore the history of experiments in economics, provide examples of different types of experiments and show that the growing use of experimental methods is transforming economics into an empirical science.
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  23.  5
    Economic Foundations for Creative Ageing Policy, Volume I: Context and Considerations.Andrzej Klimczuk - 2015 - Palgrave-Macmillan.
    Ageing populations are a major consideration for socio-economic development in the early twenty first century. This demographic change is mainly seen as a threat rather than as an opportunity to improve the quality of human life, especially in Europe, where ageing has resulted in a reduction in economic competitiveness. Economic Foundations for Creative Ageing Policy mixes the silver economy, the creative economy, and the social economy to construct positive solutions for an ageing population. Klimczuk covers theoretical analyses and case study (...)
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  24.  2
    The Economics of Science: A Critical Realist Overview: Volume 1: Illustrations and Philosophical Preliminaries.David Tyfield - 2011 - Routledge.
    Introduction -- The commercialisation of science and the construction of the knowledge-based bio-economy -- The KBBE reality--the case of agriculture -- Intellectual property rights and the global commodification of knowledge -- Privatizing Chinese science : national development vs. neoliberal financialization -- Critical realism and the importance of ontological attention -- Critical realism and beyond in economics -- The realist transcendental argument.
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  25.  3
    Identity Economics: How Our Identities Shape Our Work, Wages, and Well-Being.George A. Akerlof & Rachel E. Kranton - 2010 - Princeton University Press.
    Identity Economics provides an important and compelling new way to understand human behavior, revealing how our identities--and not just economic incentives--influence our decisions. In 1995, economist Rachel Kranton wrote future Nobel Prize-winner George Akerlof a letter insisting that his most recent paper was wrong. Identity, she argued, was the missing element that would help to explain why people--facing the same economic circumstances--would make different choices. This was the beginning of a fourteen-year collaboration--and of Identity Economics. The authors explain (...)
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  26.  5
    The Economic Theory of Social Institutions.Andrew Schotter - 2008 - Cambridge University Press.
    This book uses game theory to analyse the creation, evolution and function of economic and social institutions. The author illustrates his analysis by describing the organic or unplanned evolution of institutions such as the conventions of war, the use of money, property rights and oligopolistic pricing conventions. Professor Schotter begins by linking his work with the ideas of the philosophers Rawls, Nozick and Lewis. Institutions are regarded as regularities in the behaviour of social agents, which the agents themselves tacitly create (...)
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  27.  74
    Ethics Out of Economics.John Broome - 1999 - Cambridge University Press.
    Many economic problems are also ethical problems: should we value economic equality? how much should we care about preserving the environment? how should medical resources be divided between saving life and enhancing life? This book examines some of the practical issues that lie between economics and ethics, and shows how utility theory can contribute to ethics. John Broome's work has, unusually, combined sophisticated economic and philosophical expertise, and Ethics Out of Economics brings together some of his most important (...)
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  28. Economic Policy Uncertainty and Family Firm Innovation: Evidence From Listed Companies in China.Yong Qi, Shaoyu Dong, Simeng Lyu & Shuo Yang - 2022 - Frontiers in Psychology 13.
    With the advancement of China’s economic transformation, the impact of economic policy uncertainty on family firms has become increasingly significant. The “familism” of family firms makes them more motivated to maintain family harmony, pursue innovative activities, and the long-term development of enterprises when faced with economic policy uncertainty. In this paper, we employed the data of listed Chinese family firms from 2010 to 2018 to analyze the impact of economic policy uncertainty on family business innovation activities, analyze the inherent characteristics (...)
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  29. Economic Theory.G. B. Richardson - 2006 - Routledge.
    In these two volumes, David P. Levine undertakes the systematic clarification and further development of the theoretical contributions of classical political economy. It focuses on such central issues in economic theory as: * need, value and exchange * capital and its production * the concept of labour * growth * the firm * price determination. Throughout the treatment is at a high level of abstraction.
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  30. Toward Economic Growth and Value Creation Through Social Entrepreneurship: Modelling the Mediating Role of Innovation.Wenjie Wang - 2022 - Frontiers in Psychology 13.
    The concept of social entrepreneurship emerged as a significant factor that contributes toward public welfare and prosperity. Recent studies showed that social entrepreneurship influences the economic growth and sustainability of the state. Therefore, the underlying aim of this study was to investigate the impact of social entrepreneurship on sustainable economic growth and value creation. This study also undertook to observe the mediating role of innovation in the relationship between social entrepreneurship and sustainable economic growth and between social entrepreneurship and value (...)
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  31. Carl Menger on the Role of Induction in Economics a Critical Reassessment.Pierluigi Barrotta & London School of Economics and Political Science - 1997 - Lse Centre for the Philosophy of the Natural and Social Sciences.
  32. Economics Imperialism: Concept and Constraints.Uskali Mäki - 2009 - Philosophy of the Social Sciences 39 (3):351-380.
    The paper seeks to offer [1] an explication of a concept of economics imperialism, focusing on its epistemic aspects; and [2] criteria for its normative assessment. In regard to [1], the defining notion is that of explanatory unification across disciplinary boundaries. As to [2], three kinds of constraints are proposed. An ontological constraint requires an increased degree of ontological unification in contrast to mere derivational unification. An axiological constraint derives from variation in the perceived relative significance of the facts (...)
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  33. The Economic Model of Forgiveness.Brandon Warmke - 2016 - Pacific Philosophical Quarterly 97 (4):570-589.
    It is sometimes claimed that forgiveness involves the cancellation of a moral debt. This way of speaking about forgiveness exploits an analogy between moral forgiveness and economic debt-cancellation. Call the view that moral forgiveness is like economic debt-cancellation the Economic Model of Forgiveness. In this article I articulate and motivate the model, defend it against some recent objections, and pose a new puzzle for this way of thinking about forgiveness.
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  34.  78
    An Economic Approach to Business Ethics: Moral Agency of the Firm and the Enabling and Constraining Effects of Economic Institutions and Interactions in a Market Economy.Sigmund Wagner-Tsukamoto - 2005 - Journal of Business Ethics 60 (1):75-89.
    The paper maps out an alternative to a behavioural (economic) approach to business ethics. Special attention is paid to the fundamental philosophical principle that any moral ‘ought’ implies a practical ‘can’, which the paper interprets with regard to the economic viability of moral agency of the firm under the conditions of the market economy, in particular competition. The paper details an economic understanding of business ethics with regard to classical and neo-classical views, on the one hand, and institutional, libertarian thought, (...)
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  35.  16
    Law, Economics, and Morality.Eyal Zamir & Barak Medina - 2010 - Oup Usa.
    Law, Economics, and Morality examines the possibility of combining economic methodology and deontological morality through explicit and direct incorporation of moral constraints into economic models. Economic analysis of law is a powerful analytical methodology. However, as a purely consequentialist approach, which determines the desirability of acts and rules solely by assessing the goodness of their outcomes, standard cost-benefit analysis is normatively objectionable. Moderate deontology prioritizes such values as autonomy, basic liberties, truth-telling, and promise-keeping over the promotion of good outcomes. (...)
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  36.  68
    Climato-Economic Habitats Support Patterns of Human Needs, Stresses, and Freedoms.Evert Van de Vliert - 2013 - Behavioral and Brain Sciences 36 (5):465 - 480.
    This paper examines why fundamental freedoms are so unevenly distributed across the earth. Climato-economic theorizing proposes that humans adapt needs, stresses, and choices of goals, means, and outcomes to the livability of their habitat. The evolutionary process at work is one of collectively meeting climatic demands of cold winters or hot summers by using monetary resources. Freedom is expected to be lowest in poor populations threatened by demanding thermal climates, intermediate in populations comforted by undemanding temperate climates irrespective of income (...)
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  37. Economic Lives: How Culture Shapes the Economy.Viviana A. Zelizer - 2010 - Princeton University Press.
    Over the past three decades, economic sociology has been revealing how culture shapes economic life even while economic facts affect social relationships. This work has transformed the field into a flourishing and increasingly influential discipline. No one has played a greater role in this development than Viviana Zelizer, one of the world's leading sociologists. Economic Lives synthesizes and extends her most important work to date, demonstrating the full breadth and range of her field-defining contributions in a single volume for the (...)
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  38.  31
    Economic Philosophy.Joan Robinson - 1962 - Aldinetransaction.
    Metaphysics, morals and science -- The classics : value -- The neo-classics : utility -- The Keynesian revolution -- Development and under-development -- What are the rules of the game?
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  39.  1
    Identity Economics: How Our Identities Shape Our Work, Wages, and Well-Being.George A. Akerlof & Rachel E. Kranton - 2011 - Princeton University Press.
    Identity Economics provides an important and compelling new way to understand human behavior, revealing how our identities--and not just economic incentives--influence our decisions. In 1995, economist Rachel Kranton wrote future Nobel Prize-winner George Akerlof a letter insisting that his most recent paper was wrong. Identity, she argued, was the missing element that would help to explain why people--facing the same economic circumstances--would make different choices. This was the beginning of a fourteen-year collaboration--and of Identity Economics. The authors explain (...)
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  40.  3
    From Economics Imperialism to Freakonomics: The Shifting Boundaries Between Economics and Other Social Sciences.Ben Fine & Dimitris Milonakis - 2009 - Routledge.
    Is or has economics ever been the imperial social science? Could or should it ever be so? These are the central concerns of this book. It involves a critical reflection on the process of how economics became the way it is, in terms of a narrow and intolerant orthodoxy, that has, nonetheless, increasingly directed its attention to appropriating the subject matter of other social sciences through the process termed "economics imperialism". In other words, the book addresses the (...)
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  41. Are Economic Liberties Basic Rights?Jeppe von Platz - 2014 - Politics, Philosophy and Economics 13 (1):23-44.
    In this essay I discuss a powerful challenge to high-liberalism: the challenge presented by neoclassical liberals that the high-liberal assumptions and values imply that the full range of economic liberties are basic rights. If the claim is true, then the high-liberal road from ideals of democracy and democratic citizenship to left-liberal institutions is blocked. Indeed, in that case the high-liberal is committed to an institutional scheme more along the lines of laissez-faire capitalism than property-owning democracy. To present and discuss this (...)
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  42. Connecting Economic Models to the Real World: Game Theory and the Fcc Spectrum Auctions.Anna Alexandrova - 2006 - Philosophy of the Social Sciences 36 (2):173-192.
    Can social phenomena be understood by analyzing their parts? Contemporary economic theory often assumes that they can. The methodology of constructing models which trace the behavior of perfectly rational agents in idealized environments rests on the premise that such models, while restricted, help us isolate tendencies, that is, the stable separate effects of economic causes that can be used to explain and predict economic phenomena. In this paper, I question both the claim that models in economics supply claims about (...)
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  43.  7
    Economics and the Philosophy of Science.Deborah A. Redman - 1991 - Oxford University Press USA.
    Economists and other social scientists in this century have often supported economic arguments by referring to positions taken by philosophers of science. This important new book looks at the reliability of this practice and, in the process, provides economists, social scientists, and historians with the necessary background to discuss methodological matters with authority. Redman first presents an accurate, critical, yet neutral survey of the modern philosophy of science from the Vienna Circle to the present, focusing particularly on logical positivism, sociological (...)
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  44. The Economic Basis of Deliberative Democracy.Joshua Cohen - 1989 - Social Philosophy and Policy 6 (2):25.
    There are two principal philosophical conceptions of socialism, corresponding to two interpretations of the notion of a rational society. The first conception corresponds to an instrumental view of social rationality. Captured by the image of socialism as “one big workshop,” the instrumental view holds that social ownership of the means of production is rational because it promotes the optimal development of the productive forces. Social ownership is optimal because it eliminates the costs of coordination imposed by the conduct of economic (...)
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  45.  53
    Economics and Hermeneutics.Don Lavoie (ed.) - 1990 - Routledge.
    Hermeneutics has become a major topic of debate throughout the scholarly community. What has been called the "interpretive turn" has led to interesting new approaches in both the human and social sciences, and has helped to transform divided disciplines by bringing them closer together. Yet one of the largest and most important social sciences economics has so far been almost completely left out of the transformation. Economics and Hermeneutics takes a significant step towards filling this gap by introducing (...)
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  46. Transforming Economics: Perspectives on the Critical Realist Project.Paul Lewis (ed.) - 2004 - Routledge.
    Economics has become polarised. On the one hand there is a body of economists who concern themselves with progressing their discipline via an increasing use of mathematical modelling. On the other hand, there are economists who believe passionately that in order for economics to be useful it needs to take account of its history, its impact on society and its real world applications. The contributors to this book fix their scholarly glare on the heterodox section of economics, (...)
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  47.  75
    Economics, Ethics and the Market: Introduction and Applications.J. J. Graafland - 2005 - Routledge.
    The primary aim of the text is to introduce the reader to the relationship between economics and ethics and to the application of economic ethics in the evaluation of the market. The reader will gain insight into: * The ethical and methodological strategy of economics and criticism of the core assumptions that underpin the economic defense of free market operation. * The characteristics of different ethical theories (utilitarianism, duty and rights ethics, justice and virtue ethics) that can be (...)
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  48.  14
    Economics of Good and Evil: The Quest for Economic Meaning From Gilgamesh to Wall Street.Tomas Sedlacek - 2011 - Oxford University Press.
    Argues that economics is a cultural phenomenon, rather than a strictly mathematical entity, that is found in mythology, religion, philosophy, psychology, ...
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  49. The Economic World View: Studies in the Ontology of Economics.Uskali Mäki (ed.) - 2001 - Cambridge University Press.
    The beliefs of economists are not solely determined by empirical evidence in direct relation to the theories and models they hold. Economists hold 'ontological presuppositions', fundamental ideas about the nature of being which direct their thinking about economic behaviour. In this volume, leading philosophers and economists examine these hidden presuppositions, searching for a 'world view' of economics. What properties are attributed to human individuals in economic theories, and which are excluded? Does economic man exist? Do markets have an essence? (...)
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  50.  31
    Austrian Economics (Routledge Revivals): Historical and Philosophical Background.Wolfgang Grassl & Barry Smith (eds.) - 1986 - Croom Helm / Routledge.
    First published in 1986 and reprinted in 2010 in the Routledge Revivals series, this book presents the first detailed confrontation between the Austrian school of economics and Austrian philosophy, especially the philosophy of the Brentano school. It contains a study of the roots of Austrian economics in the liberal political theory of the nineteenth-century Hapsburg empire, and a study of the relations between the general theory of value underlying Austrian economics and the new economic approach to human (...)
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