Searle and Menger on money

Philosophy of the Social Sciences 40 (2):191-212 (2010)
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Abstract

In Searle’s social ontology, collective intentionality is an essential component of all institutional facts. This is because the latter involve the assignment of functions, namely "status functions," on entities whose physical features do not guarantee their performance, therefore requiring our acceptance that it be performed. One counter-example to that claim can be found in Carl Menger’s individualistic account of the money system. Menger’s commitment to the self-interest assumption, however, prevents him from accounting for the deontic dimensions of institutional facts

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Emma Tieffenbach
Università della Svizzera Italiana

Citations of this work

Social Ontology.Brian Epstein - 2018 - Stanford Encyclopedia of Philosophy.
A Plea for Descriptive Social Ontology.Kathrin Koslicki & Olivier Massin - 2023 - Synthese 202 (Special Issue: The Metametaphysi):1-35.
Reflections on the Ontology of Money.Uskali Mäki - 2020 - Journal of Social Ontology 6 (2):245-263.
Collective intentionality and the state theory of money.Georgios Papadopoulos - 2015 - Erasmus Journal for Philosophy and Economics 8 (2):1.

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References found in this work

Anarchy, State, and Utopia.Robert Nozick - 1974 - Philosophy 52 (199):102-105.
On Social Facts.Margaret Gilbert - 1989 - Ethics 102 (4):853-856.
On Social Facts.Michael Root - 1992 - Philosophical Review 101 (3):675.

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