Pluralist methodology for development economics: the example of moral economy of Indian labour markets
Graduate studies at Western
Journal of Economic Methodology 14 (1):57-82 (2007)
|Abstract||This paper adds a moral angle to the pluralist approach to development economics, exploring the normative assumptions found in all the five main schools of thought that have analysed India's rural labour markets (neoclassical, new institutionalist, Marxist political economy, formalized political economy and feminist). The theorizations that are used by each have normative overtones, which are distinguished here from normative undertones (i.e. elements of meaning that have an affect component). Regression analysis in this literature is used to illustrate the types of undertones that are present. The undertones tend to cause performative contradictions for authors who claim value neutrality. The various moral reasoning strategies available for meta?normative economic research do not offer easy solutions. However they convincingly support the case for openness to a plurality of approaches to research in development economics. Further research on normative overtones is warranted. JEL Classifications: B5, O17, O12, O53.|
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