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  1. A Critical Look on Critical Realism.Agustina Borella - 2012 - Perspectives on Epistemology of Economics:183-207.
    Tony Lawson, founder of The Social Ontology Group and The Realist Workshop of Cambridge, has proposed critical realism to reorient economics. The transformation of the social world that Lawson tries, emerges from the adherence to critical realism, this is, from taking the transcendental realism of Roy Bhaskar to the social realm. With the purpose of deepening the criticisms to this movement, we will specify what is critical realism, and which are the philosophical assumptions of the mainstream according to this author. (...)
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  • Rational Choice Without Closure: The Microfoundations of Virtuous Cycles and Vicious Circles.Adam Martin - 2011 - Journal of Economic Methodology 18 (4):345-361.
    Economic stories with a rational choice structure usually entail closure or equilibrium. This paper argues that Knightian uncertainty and Kirznerian alertness allow economists to construct plausible accounts of open-ended processes such as virtuous cycles and vicious circles without abandoning the centrality of instrumental rationality. The basic form of such stories is explored and two example cases are put forward.
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