David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Philosophy of the Social Sciences 39 (1):3-19 (2009)
Economists study "The Economy," or so one might suppose. Yet this overarching entity is strikingly absent from mainstream theory. Since the 1950s, it has generally been described with a few mathematical propositions and not given a description that attends to institutions, power relations, or the emergent properties that form the leading indicators in macroeconomic theory. There is thus a significant divergence between folk economics and scientific economics on this theoretical entity. This article briefly addresses the history of this concept, noting its heyday in the interwar years, and brings to bear some of the analytical apparatus on institutional facts devised by John Searle. Whatever is meant by "The Economy" in folk economics appears to be significantly divergent from what is posited in scientific economics. Key Words: economy • Searle • theoretical entities • macroeconomics • economic indicators • folk economics.
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
Edward Nik-Khah (2013). The Making of the Economy: A Phenomenology of Economic Science. Journal of Economic Methodology 20 (1):86 - 91.
Similar books and articles
Lukasz Hardt (2010). Criticizing the Critique. Some Methodological Insights Into the Debate on the State of Economic Theory in the Face of the Post 2008 Crisis. Bank&Credit 41 (4):7-22.
Jack Amariglio, Joseph W. Childers & Stephen Cullenberg (eds.) (2009). Sublime Economy: On the Intersection of Art and Economics. Routledge.
Andy Bahn & John Gowdy (2003). Economics Weak and Strong: Ecological Economics and Human Survival. World Futures 59 (3 & 4):253 – 262.
Daniel Hausman (2001). Explanation and diagnosis in economics. Revue Internationale de Philosophie 3:311-326.
Tyler Cowen (2005). Review Essay: The Economy of Esteem. Politics, Philosophy and Economics 4 (3):374-382.
Uskali Mäki (ed.) (2001). The Economic World View: Studies in the Ontology of Economics. Cambridge University Press.
David Colander (2010). The Economics Profession, the Financial Crisis, and Method. Journal of Economic Methodology 17 (4):419-427.
Julie A. Nelson (2004). Clocks, Creation and Clarity: Insights on Ethics and Economics From a Feminist Perspective. [REVIEW] Ethical Theory and Moral Practice 7 (4):381 - 398.
Todd S. Mei (2012). An Economic Turn: A Hermeneutical Reinterpretation of Political Economy with Respect to the Question of Land. Research in Phenomenology 41 (3):297-326.
Added to index2009-02-07
Total downloads52 ( #33,143 of 1,100,032 )
Recent downloads (6 months)3 ( #127,210 of 1,100,032 )
How can I increase my downloads?