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Economics and the Mind (Paperback)
Loot Price: R1,607
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Economics and the Mind (Paperback)
Series: Routledge INEM Advances in Economic Methodology
Expected to ship within 12 - 17 working days
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Economics is often defined as the science of choice or human
action. But choice and action are essentially mental phenomena, an
aspect rarely mentioned in the economics discourse. Choice, while
not always a conscious or rational process, is held to involve
beliefs, desires, intentions and arguably even free will. Actions
are often opposed to mere bodily movements, with the former being
in some sense only understandable in reference to mental processes
while the latter are understandable in entirely non-mental,
physical terms. While philosophers have long concerned themselves
with the connections between these concepts, economists have tended
to steer clear of what might appear to be an a priori debate. At
the same time, philosophers working on these important notions have
tended to not dirty their hands with the empirical, real-world
applications in which economists are specialized. This volume fills
these gaps by bringing economists and philosophers of mind together
to explore the intersection of their disciplines.
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