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The Language of Economics - Socially Constructed Vocabularies and Assumptions (Hardcover, 1st ed. 2016)
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The Language of Economics - Socially Constructed Vocabularies and Assumptions (Hardcover, 1st ed. 2016)
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This Palgrave Pivot demonstrates that the inherited vocabularies of
economics and other social sciences contain socially constructed
words and theories that bias our very understanding of history and
markets, bridging the empirical and moral dimensions of economics
in general and inequality in particular. Wealth, GDP, hierarchies,
and inequality are socially constructed words infused with moral
overtones that academic philosophers and policy analysts have used
to raise questions about "fairness" and "justice." This short
intellectual and epistemological history explores and elaborates a
limited number of key inequality-related terms, concepts, and
mental images invented by centuries of economists and others. The
author challenges us to question the assumptions made concerning
presumably value-free concepts such as inequality, wealth,
hierarchies, and the policy goals a nation can be pursuing.
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