Mind, Society, and Human Action: Time and Knowledge in a Theory of Social Economy

Overview

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...

See more details below
Paperback (Reprint)
$54.95
BN.com price
Other sellers (Paperback)
  • All (3) from $54.94   
  • New (1) from $54.94   
  • Used (2) from $54.94   
Sending request ...

Overview

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.

Read More Show Less

Editorial Reviews

From the Publisher
"Richard Wagner develops a bold alternative to the predominant research program in contemporary economics. This alternative, focused on understanding emergent-dynamic processes, provides valuable insights into our understanding of economic systems. This important book deserves a wide readership."

Christopher J. Coyne, University of West Virginia

Read More Show Less

Product Details

  • ISBN-13: 9780415750011
  • Publisher: Taylor & Francis
  • Publication date: 2/5/2014
  • Edition description: Reprint
  • Pages: 224
  • Product dimensions: 6.10 (w) x 9.10 (h) x 0.60 (d)

Meet the Author

Richard E. Wagner is Holbert L. Harris Professor of Economics at George Mason University, Fairfax, USA.

Read More Show Less

Table of Contents

1. Social-Economy: Some Preliminaries on Scope and Method, 2. Society, Property, and Human Action, 3. Economizing, Calculation, and Purposive Action, 4. Planning, Production, and Entrepreneurial Action, 5. Markets and Prices as Emergent Patterns of Human Interaction, 6. Competition and Its Social Organization, 7. From Micro to Macro through an Emergent Ecology of Enterprises, 8. Politics, Markets, and Political Economy: Entangled, not Separated

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously
Sort by: Showing 1 Customer Reviews
  • Posted June 13, 2010

    Real World Economics for Social Science Scholars

    Mind, Society, and Human Action is a rich and imaginative presentation of economic thinking and methods that will challenge and intrigue anyone who takes economic theory seriously and yet finds orthodox ideas lacking...something.

    Halfway through Chapter 1, I knew this book was extraordinary, even by Professor Wagner's first rate standards. As one of his former students, I am familiar with most of the ideas presented in this volume. Still, I was impressed with the way they were organized and articulated. Systematically contrasting his neo-Mengerian perspective with the neo-Walrasian equilibrium framework on several important dimensions of economic thought, Wagner illustrates the limitations of the dominant paradigm and the promise of an alternative that has been dormant since the 19th century. And he does it with a flair for vignettes and careful identification of intellectual markers that demonstrate his interest in helping readers make interesting connections likely to stimulate productive exploration.

    This book condenses decades of knowledge into a provocative discussion of economic theory and methods. It would make an excellent supplement to any graduate level course in economics, as it contains a lesson on virtually every page.

    Was this review helpful? Yes  No   Report this review
Sort by: Showing 1 Customer Reviews

If you find inappropriate content, please report it to Barnes & Noble
Why is this product inappropriate?
Comments (optional)