The Economic World View: Studies in the Ontology of Economics

The Economic World View: Studies in the Ontology of Economics

by Uskali Maki
     
 

ISBN-10: 0521000203

ISBN-13: 9780521000208

Pub. Date: 07/28/2010

Publisher: Cambridge University Press

Does economic man exist? Do aggregates exist? Do markets have an essence? How are economic phenomena caused? Do economists believe in the theories they use? These essays seek to unearth the "ontological underworld" that shapes the criteria economists use in making choices among theories to understand economic behavior. These criteria include fundamental, unarticulated…  See more details below

Overview

Does economic man exist? Do aggregates exist? Do markets have an essence? How are economic phenomena caused? Do economists believe in the theories they use? These essays seek to unearth the "ontological underworld" that shapes the criteria economists use in making choices among theories to understand economic behavior. These criteria include fundamental, unarticulated ideas regarding the basic constitutents and structure of social reality, that is, about human beings and the social arrangement of their lives. This important collection will be of great value to economists and philosophers of social sciences.

Product Details

ISBN-13:
9780521000208
Publisher:
Cambridge University Press
Publication date:
07/28/2010
Edition description:
New Edition
Pages:
420
Product dimensions:
5.98(w) x 8.98(h) x 0.94(d)

Table of Contents

Notes on the contributors
Preface
IThe what, why, and how of economic ontology
1Economics ontology: what? why? how?3
2The empirical presuppositions of metaphysical explanations in economics15
3Quality and quantity in economics : the metaphysical construction of the economic realm32
IIRationality and homo economics
4The normative core of rational choice theory57
5The virtual reality of homo economics75
6Expressive rationality: is self-worth just another kind of preference?98
7Agent identity in economics114
8Chances and choices: notes on probability and belief in economic theory132
IIIMicro, macro and markets
9Essences and markets157
10The metaphysics of microeconomics174
11Ontological commitments of evolutionary economics189
12Is macroeconomics for real?225
13The possibility of economics objectivity246
IVThe world of economic causes
14Ceteris paribus laws and socio-economic machines275
15Tendencies, laws, and the composition of economic causes293
16Economics without mechanism308
VMethodological implications of economic ontology
17Sargent's symmetry saga: ontological versus technical constraints335
18Two models of idealization in economics
Alan Nelson359
19The way the world works (www): towards an ontology of theory choice369
Names index390
Subject index395

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