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Taylor & Francis
Economics and Hermeneutics / Edition 1

Economics and Hermeneutics / Edition 1

by Don Lavoie
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This book introduces economists to ways that hermeneutics might help them address some of their most important problems. Among the topics covered are entrepreneurship, price theory, rational expectations, monetary theory, welfare economics, and economic policy. The

approaches to economics represented include the Austrian school, McCloskey's ``rhetoric'' approach, Marxist critical theory and institutionalism.

Product Details

ISBN-13: 9780415059503
Publisher: Taylor & Francis
Publication date: 05/16/1991
Pages: 336
Product dimensions: 6.00(w) x 9.00(h) x 0.88(d)
Age Range: 18 Years

Table of Contents

1. Introduction Don Lavoie

Part I: What is Hermeneutics 2. Towards the Native's Point of View or The Difficulty of Changing the Conversation Arjo Klamer 3. Getting Beyond Objectivism: The Philosophical Hermeneutics of Gadamer and Ricoeur G.B.


Part II: Alternative Views of Economics from a Particular Philosophical Standpoint: Hermeneutics "Appropriated" by Neoclassicism, Institutionalism, Critical Theory, and Austrian Economics 4. Storytelling in Economics Donald N. McCloslkey 5. The

Philosophical Bases of Institutionalist Economics: Peirce and Commons Philip Mirowski 6. The Scope and Goals of Economic Science: A Habermasian Perspective Jon D. Wisman 7. Austrian Economics as a Hermeneutic Approach Ludwig Lachmann

Part III: Alternative

Views of Hermeneutics from a Particular Economic Standpoint: The Controversy in the Austrian School 8. Practical Syllogism, Entrepreneurship, and the Invisible Hand: The Hermeneutics of G.H. von Wright Uskali Maki 9. What is a Price? Explanation and Understanding (with

Apologies to Paul Ricoeur) Richard Ebeling 10. The Economics of Rationality and the Rationality of Economics Ralph A. Rector

Part IV Hermeneutical Reason: Applications in Macro, Micro, and Public Policy 11. On the Microfoundations of Money: Walrasian and

Mengerian Approaches Reconsidered in Light of Richard Rorty's Critique of Foundationalism Randall Kroszner 12. Self-Interpretation, Attention, and Language: Implications for Economics of Charles Taylor's Hermeneutics Lawrence A. Berger 13. What a Non-Paretian Welfare

Economics Would have to Look Like Tyler Cowen 14. The Hermeneutical View of Freedom: Implications of Gadamerian Understanding for Economic Policy Tom G. Palmer

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