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  1. Is Coase a Realist?Uskali Mäki - 1998 - Philosophy of the Social Sciences 28 (1):5-31.
    Ronald Coase has been a vigorous critic of mainstream economic theory, arguing that it is unrealistic and that a good theory is realistic. The attributes "realistic" and "unrealistic" appear in three senses at least in Coase: one related to narrow ness and breadth; another related to abstracting from particularities (and the issue of "blackboard economics"); and the third related to correspondence with the legal. This does not yet make Coase an advocate of realism. It is therefore separately argued that each (...)
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  • Reflections on the Ontology of Money.Uskali Mäki - 2020 - Journal of Social Ontology 6 (2):245-263.
    The suggestions outlined here include the following. Money is a bundle of institutionally sustained causal powers. Money is an institutional universal instantiated in generic currencies and particular money tokens. John Searle’s account of institutional facts is not helpful for understanding the nature of money as an institution. The money universal is not a social convention in David Lewis’s sense. The existence of the money universal is dependent on a larger institutional structure and cannot be understood in terms of collective belief (...)
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  • Symposium on explanations and social ontology 2: Explanatory ecumenism and economics imperialism.Uskali Mäki - 2002 - Economics and Philosophy 18 (2):235-257.
    In a series of insightful publications, Philip Pettit and Frank Jackson have argued for an explanatory ecumenism that is designed to justify a variety of types of social scientific explanation of different , including structural and rational choice explanations. Their arguments are put in terms of different kinds of explanatory information; the distinction between causal efficacy, causal relevance and explanatory relevance within their program model of explanation; and virtual reality and resilience explanation. The arguments are here assessed from the point (...)
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  • Mathematics and economics: the case of Menger.Josef Mensik - 2015 - Journal of Economic Methodology 22 (4):479-490.
    Carl Menger's methodology describes reality as neatly organized, being constructed additively from strictly regular simple elements called pure types. Such a conception of the world's structure seems to invite mathematical treatment. Yet, his economics is not a mathematical one, and he even explicitly rejected mathematical approach to economics. This apparent puzzle is explained by Menger's failure to deliver in his methodological writings a realistic portrayal of what he was actually doing in his economics. His implicit ambition to retain the full (...)
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  • Explanatory Unification: Double and Doubtful.Uskali Mäki - 2001 - Philosophy of the Social Sciences 31 (4):488-506.
    Explanatory unification—the urge to “explain much by little”—serves as an ideal of theorizing not only in natural sciences but also in the social sciences, most notably in economics. The ideal is occasionally challenged by appealing to the complexity and diversity of social systems and processes in space and time. This article proposes to accommodate such doubts by making a distinction between two kinds of unification and suggesting that while such doubts may be justified in regard to mere derivational unification (which (...)
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  • philosophy of money and finance.Boudewijn De Bruin, Lisa Maria Herzog, Martin O'Neill & Joakim Sandberg - 2018 - In Edward Zalta (ed.), Stanford Encyclopedia of Philosophy. Palo Alto: Metaphysics Research Lab, Stanford University.