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Mind, Society, and Human Action - Time and Knowledge in a Theory of Social Economy (Paperback)
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Mind, Society, and Human Action - Time and Knowledge in a Theory of Social Economy (Paperback)
Series: Routledge Foundations of the Market Economy
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Economics originated as a branch of the humane studies that was
concerned with trying to understand how some societies flourish
while others stagnate, and also how once-flourishing societies
could come to stagnate. Over the major part of the 20th century,
however, economists mostly turned away from these humane and
societal concerns by importing mechanistic ideas from 19th century
physics. This book seeks to show how that original humane and
social focus can be renewed. The many particular topics the book
examines can be traced to two central ideas. Firstly, that economic
theory, like physics, requires two distinct theoretical frameworks.
One treats qualities that are invariant across time and place; this
is the domain of equilibrium theory. The other treats the internal
generation of change in societies through entrepreneurial action
that continually transforms the ecology of enterprises that
constitutes a society. Secondly, economic theory is treated as a
genuine social science and not a science of rationality writ large.
The book also explores ways in which life in society is understood
differently once economics is treated as a social science. The book
will be useful to professional audiences who work with economic
theory and who find that much of the hyper-formality that comprises
economic theory these days fails to make reasonable contact with
reality. It will also be of interest to sociologists, political
scientists, and researchers in law, public policy, Austrian
economics, evolutionary economics, institutional economics and
political economy.
General
Imprint: |
Routledge
|
Country of origin: |
United Kingdom |
Series: |
Routledge Foundations of the Market Economy |
Release date: |
November 2013 |
First published: |
2010 |
Authors: |
Richard Wagner
|
Dimensions: |
234 x 156 x 15mm (L x W x T) |
Format: |
Paperback
|
Pages: |
224 |
ISBN-13: |
978-0-415-75001-1 |
Categories: |
Books >
Business & Economics >
Economics >
Economic theory & philosophy
|
LSN: |
0-415-75001-6 |
Barcode: |
9780415750011 |
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