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classical economic man - Human Agency and Methodology in the Political Economy of Adam Smith and J.S. Mill (Hardcover)
Loot Price: R3,487
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classical economic man - Human Agency and Methodology in the Political Economy of Adam Smith and J.S. Mill (Hardcover)
Series: Advances in Economic Methodology series
Expected to ship within 12 - 19 working days
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In Classical Economic Man, Allen Oakley argues that two of the
fathers of modern economics espoused methodological strategies
which rejected the concept of 'economic man' and gave primacy to
the human origins of economic phenomena.Adam Smith and J.S. Mill
are shown to have been sensitive to the need for a pluralistic
methodology in economics, constructed in accordance with its
demands as a strictly human science that must contend with the
contingencies of situated human conduct. Each went on to explicitly
confront this in their theoretical arguments and in the design of
their economic policy strategies. Drawing extensively on the
original literature, Professor Oakley demonstrates that Smith's
approach through moral philosophy, and Mill's through psychology
and the philosophy of science, alerted them to the problems of
giving proper representation to human agents in formal, scientific
analyses. Smith and Mill, it is argued, rejected a classical
orthodoxy that required methodology to be driven by the ambition to
emulate the epistemology of the physical sciences. Scholars and
students of the history of economic methodology and doctrines will
welcome this important study which builds upon the original
arguments, extending the interpretation to include often neglected
details about the nature of classical methodology and its use of
the concept of the 'economic man'.
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