Beyond Positivism Behaviorism And Neoinstitutionalism In Economics

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Beyond Positivism Behaviorism And Neoinstitutionalism In Economics

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Author : Deirdre N. McCloskey
language : en
Publisher: University of Chicago Press
Release Date : 2022-06-30

Beyond Positivism Behaviorism And Neoinstitutionalism In Economics written by Deirdre N. McCloskey and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-06-30 with Business & Economics categories.

Introduction The Argument in Brief -- Economics Is in Scientific Trouble -- An Antique, Unethical, and Badly Measured Behaviorism Doesn't Yield Good Economic Science or Good Politics -- Economics Needs to Get Serious about Measuring the Economy -- The Number of Unmeasured "Imperfections" Is Embarrassingly Long -- Historical Economics Can Measure Them, Showing Them to Be Small -- The Worst of Orthodox Positivism Lacks Ethics and Measurement -- Neoinstitutionalism Shares in the Troubles -- Even the Best of Neoinstitutionalism Lacks Measurement -- And "Culture," or Mistaken History, Will Not Repair It -- That Is, Neoinstitutionalism, Like the Rest of Behavioral Positivism, Fails as History and as Economics -- As It Fails in Logic and in Philosophy -- Neoinstitutionalism, in Short, Is Not a Scientific Success -- Humanomics Can Save the Science -- But It's Been Hard for Positivists to Understand Humanomics -- Yet We Can Get a Humanomics -- And Although We Can't Save Private Max U -- We Can Save an Ethical Humanomics.

Beyond Positivism Behaviorism And Neoinstitutionalism In Economics

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Author : Deirdre Nansen McCloskey
language : en
Publisher: University of Chicago Press
Release Date : 2022-06-30

Beyond Positivism Behaviorism And Neoinstitutionalism In Economics written by Deirdre Nansen McCloskey and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-06-30 with Business & Economics categories.

A penetrating analysis from one of the defining voices of contemporary economics. In Beyond Positivism, Behaviorism, and Neoinstitutionalism in Economics, Deirdre Nansen McCloskey zeroes in on the authoritarian cast of recent economics, arguing for a re-focusing on the liberated human. The behaviorist positivism fashionable in the field since the 1930s treats people from the outside. It yielded in Williamson and North a manipulative neo-institutionalism. McCloskey argues that institutions as causes are mainly temporary and intermediate, not ultimate. They are human-made, depending on words, myth, ethics, ideology, history, identity, professionalism, gossip, movies, what your mother taught you. Humans create conversations as they go, in the economy as in the rest of life. In engaging and erudite prose, McCloskey exhibits in detail the scientific failures of neo-institutionalism. She proposes a “humanomics,” an economics with the humans left in. Humanomics keeps theory, quantification, experiment, mathematics, econometrics, though insisting on more true rigor than is usual. It adds what can be learned about the economy from history, philosophy, literature, and all the sciences of humans. McCloskey reaffirms the durability of “market-tested innovation” against the imagined imperfections to be corrected by a perfect government. With her trademark zeal and incisive wit, she rebuilds the foundations of economics.

Meaningful Economics

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Author : Bart J. Wilson
language : en
Publisher: Oxford University Press
Release Date : 2024

Meaningful Economics written by Bart J. Wilson and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024 with Business & Economics categories.

Economics has a problem--the discipline cannot distinguish the causes of human action from the consequences of human action. Economists deal with matters of fact, not with feelings and morals. They model representations of optimal agents, not flesh-and-blood human beings in ordinary life. By assuming that incentives and self-interest are sufficient to explain economic activity, economic science proceeds as if the human mind does not matter. But the origins of our actions--ideas--do indeed matter. They make us human. In Meaningful Economics, Bart J. Wilson challenges economics to directly engage human beings as we really are, not as economists ideally assume. Wilson argues that economic science is as much about purposes and human values as it is about incentives. Moreover, he shows how the outcomes of our decisions (costs and benefits) and the origins of our decisions (motives and goals) can be understood in an integrated way. Over the course of the book, Wilson develops a framework that connects the origins of human action to the outcomes of human action, explaining human conduct with causes and effects. He then shows how three basic principles of economics--trade, specialization, and property--require meaning, values, and purpose. With a fresh perspective and a novel theoretical framework that bridges economics and ethics, Meaningful Economics explains the roots of human conduct and its economic effects by grounding a science of economics in the moral sentiments that prompt human beings to act.

Embodiment Political Economy And Human Flourishing

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Author : Frédéric Basso
language : en
Publisher: Springer Nature
Release Date : 2024-05-11

Embodiment Political Economy And Human Flourishing written by Frédéric Basso and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-05-11 with Psychology categories.

This book presents embodied economics as a foundational alternative to behavioral economics and other projects integrating economics and psychology inspired by the computational paradigm. The 20th century witnessed the disembodiment of economic models through the intensification of mathematization and formal abstraction in economics. Even proponents of an embodied approach to cognition, such as Hayek, paradoxically championed the abstract market order as a disembodied superhuman intelligence. In the wake of groundbreaking perspectives in cognitive and social sciences, which have helped to rethink the fundamental building blocks of economics, agency and institutions, this title takes a radical turn towards embodiment. Reinstating economics as political economy, embodied economics motivates a critique of capitalism based on the analysis of disembodiment through abstraction and reactivates key critical insights into the anthropology put forward by the young Marx about contemporary economics and its conceptualizations of money, property, and labor. Based on this analysis, the authors envision a concrete utopia for an economic order centered on human dignity and care for life on Earth. This book contributes to recent discussions about behavioral, experimental and neuroeconomics and addresses a transdisciplinary audience in the social and behavioral sciences, philosophy, and the humanities.

Research In The History Of Economic Thought And Methodology

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Author : Luca Fiorito
language : en
Publisher: Emerald Group Publishing
Release Date : 2023-10-31

Research In The History Of Economic Thought And Methodology written by Luca Fiorito and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-10-31 with Business & Economics categories.

Volume 41A of Research in the History of Economic Thought and Methodology features a symposium on “Religion, the Scottish Enlightenment, and the Rise of Liberalism,” a new research essay by Syed Mohib Ali, and a roundtable on the institutionalist economics of Geoffrey Hodgson.

Institutions And Economic Development

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Author : Bryan Cheang
language : en
Publisher: Springer Nature
Release Date : 2023-04-29

Institutions And Economic Development written by Bryan Cheang and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-04-29 with Business & Economics categories.

This book is a survey of the field of development studies from a political economy perspective. It first reviews the academic literature on development and highlights the fundamental importance of institutions and social values, over and above other alternative theories, as determinants in long-run development. In this context, the book draws from the works of Nobel Laureates Douglass North, F.A. Hayek and Elinor Ostrom, and argues that the ingredients of property rights, the rule of law, and market freedoms are essential in generating socio-economic progress. Successful reforms however are not simply a function of constructing formal institutions, but must cohere with the social values, norms, and cultural commitments of local communities. It is in this spirit that the book theorises on the oft-neglected role that political entrepreneurs play in driving endogenous institutional change. Specifically, this book integrates the theoretical discussion on market-driven development with a range of case studies from around the world, featuring the bottom-up efforts of local change agents to pursue institutional reforms and changes in social opinion.

The Palgrave Handbook Of Methodological Individualism

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Author : Nathalie Bulle
language : en
Publisher: Springer Nature
Release Date : 2023-12-27

The Palgrave Handbook Of Methodological Individualism written by Nathalie Bulle and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-27 with Science categories.

While methodological individualism is a fundamental approach within the social sciences, it is often misunderstood. This highlights the need for a discursive and up-to-date reference work analyzing this approach’s classic arguments and assumptions in the light of contemporary issues in sociology, economics and philosophy. This two-volume handbook presents the first comprehensive overview of methodological individualism. Chapters discuss historical and contemporary debates surrounding this central approach within the social sciences, as well as cutting edge developments related to the individualist tradition with philosophical and scientific implications. Bringing together multiple contributions from the world’s leading experts on this important tradition of theorizing, this collective endeavor provides teachers, researchers and students in sociology, economics, and philosophy with a reliable and critical understanding of the founding principles, key thinkers and intellectual development of MI since the late 19th century. ​

Theories And Models In Economics

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Author : Hans Lind
language : en
Publisher: Edward Elgar Publishing
Release Date : 2024-04-12

Theories And Models In Economics written by Hans Lind and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-04-12 with Business & Economics categories.

This innovative book uses in-depth empirical studies of scientific articles and takes inspiration from Nobel laureates to explore how theories and models are used in economics. Hans Lind ultimately illustrates that economics studies a ‘chaos-theoretic’ system where a theory is a framework that helps formulate hypotheses rather than a set of statements about how an economy works.

Economic Growth And Inequality

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Author : Laurent Dobuzinskis
language : en
Publisher: Taylor & Francis
Release Date : 2023-02-15

Economic Growth And Inequality written by Laurent Dobuzinskis and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-02-15 with Business & Economics categories.

In an era of increasing inequalities, and also of deep anxieties about the consequences of two major economic crises, economists are faced with a major question: can economic growth be achieved without inequalities? Economic Growth and Inequality critically evaluates the economic literature on this question from a pragmatic perspective, seeking to reconcile those who regard economic liberties as a paramount value, and critics who object that prioritizing these liberties leads to inequitable outcomes. The book presents an overview of the models used by economists to define and measure inequalities and the ongoing dialogues between political philosophers and economists in an effort to find solutions to the problems. It explores Rawlsian justice, Sen’s capability theory, and the theory of rent and compares and contrasts the most often discussed institutions and policies designed for remedying poverty and reducing inequalities. This book marks a significant contribution to the literature on some of the most pressing problems of our time and will be of great interest to readers of political economy, public policy, moral philosophy, and history of economic and political thought.

From Retroeconomics To Sanctionomics Essays On Unconventional Economics

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Author : Vladimer Papava
language : en
Publisher: iUniverse
Release Date : 2024-12-04

From Retroeconomics To Sanctionomics Essays On Unconventional Economics written by Vladimer Papava and has been published by iUniverse this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-12-04 with Business & Economics categories.

"A wide-ranging, stimulating, and unconventional set of essays on the state of economics and economic policy. Everyone will find something of interest in these reflections." – DANI RODRIK, Professor of International Political Economy, Harvard's John F. Kennedy School of Government, Harvard University, President of the International Economic Association, USA "A wide-ranging group of essays on current issues of economic policy, informed by theory, and enlightened by the perspective of an astute observer in post-Soviet Georgia—with excellent views facing both East and West." – JAMES K. GALBRAITH, Lloyd M. Bentsen Jr. Chair in Government/Business Relations and Professor of Government, The University of Texas at Austin, USA "Professor Vladimer Papava has lived through major upheavals such as a post-socialist transition and a global financial crisis, keeping an eye on the developments from his vantage point in Tbilisi, Georgia. The stimulating essays that have resulted from his observations, collected in this volume, share a heterodox stance, one that showcases appreciation for—and creative destruction of—mainstream economics. Economists and other social scientists will be introduced to novel, promising approaches, which themselves derive from an enviably wide-ranging examination of the international literature. Just as we learn in Professor Papava’s essays how to avoid a post-socialist 'necroeconomy' (where production of goods with no demand continues), the volume itself helps protect us against a necroeconomic scientific discipline. May the unconventional become conventional!" – JAMES A. LEITZEL, Executive Director of Public Policy Studies, Harris School of Public Policy, University of Chicago, USA "A book to be read and studied as one digs through a mine in search of many gold veins, in this case formed through the author's intellectual curiosity, long-standing scholarly work, and experience." – SERGIO MARIOTTI, Professor Emeritus, Dept. of Management, Economics and Industrial Engineering, Politecnico di Milano, Italy