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Rationality in Economic Thought - Methodological Ideas on the History of Political Economy (Hardcover)
Loot Price: R3,810
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Rationality in Economic Thought - Methodological Ideas on the History of Political Economy (Hardcover)
Series: Advances in Economic Methodology series
Expected to ship within 12 - 17 working days
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The main theme of this book is the methodological problem of
rationality in economic thought. The author investigates the
different interpretations of this problem advanced by major figures
in the history of economic thought.The book examines the history
and rationality of the 'theory of value' from Adam Smith to Alfred
Marshall and attempts to understand these arguments and criticisms
within a general methodological vein. It goes on to provide a
complete historical account of the ideas and arguments on value
propounded by Smith, Ricardo, Marx, Jevons, Walras and Marshall as
well as by more recent scholars such as Sraffa and Debreu and
interprets their methodological differences. The author proposes a
novel 'pragmatic-pluralist' methodological interpretation which
borrows and creatively synthesizes ideas from many sources,
including Wittgenstein (language-games), Searle (performatives),
Habermas (communicative reason), hermeneutics, Marx and the
pragmatic tradition. Rationality in Economic Thought will be of
interest to students and scholars of the history of economic
thought, economic methodology and the philosophy of the social
sciences.
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