Recent research has shown that in referendum elections, the presence of interdependence within voter preferences can lead to election outcomes that are undesirable and even paradoxical. However, most of the examples leading to these undesirable outcomes involve contrived voting situations that would be unlikely to occur in actual elections. In this paper, we use computer simulations to investigate the desirability of referendum election outcomes. We show that highly undesirable election outcomes occur not only in contrived examples, but also in randomly (...) generated elections. Our data suggest that the presence of interdependent preferences significantly increases the likelihood of such undesirable outcomes, and that certain alternative voting methods, such as sequential voting and setwise aggregation, hold the potential to produce outcomes that more accurately reflect the will of the electorate. (shrink)

While Wilfrid Sellars’ philosophy is often depicted in an ahistorical fashion, this book explores the consequences of placing his work in its historical context. In order to show how Sellars’ early publications depend on contextual factors, Peter Olen reconstructs the conceptions of language, psychological, and social explanation that dominated American philosophy in the early 20th century. Because of Sellars’ differing explanations of language and behaviour, Olen argues that many of Sellars’ early commitments are incompatible with his later works. In (...) the course of doing so, Olen highlights problematic tensions between Sellars’ early and later conceptions of language, meta-philosophy, and normativity. Supplementing the main text is a collection of previously unpublished archival material from Wilfrid Sellars, Gustav Bergmann, Everett Hall, and other early 20th century philosophers. This text will be a useful resource to those with an interest in the history of American philosophy, the history of analytic philosophy, Wilfrid Sellars’ philosophy, and the myriad issues surrounding normativity and language. (shrink)

First published in 1990. Routledge is an imprint of Taylor & Francis, an informa company.

Peter Vickers examines 'inconsistent theories' in the history of science--theories which, though contradictory, are held to be extremely useful. He argues that these 'theories' are actually significantly different entities, and warns that the traditional goal of philosophy to make substantial, general claims about how science works is misguided.

In our everyday lives we struggle with the notions of why we do what we do and the need to assign values to our actions. Somehow, it seems possible through experience and life to gain knowledge and understanding of such matters. Yet once we start delving deeper into the concepts that underwrite these domains of thought and actions, we face a philosophical disappointment. In contrast to the world of facts, values and morality seem insecure, uncomfortably situated, easily influenced by illusion (...) or ideology. How can we apply this same objectivity and accuracy to the spheres of value and morality? In the essays included in this collection, Peter Railton shows how a fairly sober, naturalistically informed view of the world might nonetheless incorporate objective values and moral knowledge. This book will be of interest to professionals and students working in philosophy and ethics. (shrink)

Do animals have moral rights? In contrast to the philosophical gurus of the animal rights movement, whose opinion has held moral sway in recent years, Peter Carruthers here claims that they do not. He explores a variety of moral theories, arguing that animals lack direct moral significance. This provocative but judiciously argued book will appeal to all those interested in animal rights, whatever their initial standpoint. It will also serve as a lively introduction to ethics, demonstrating why theoretical issues (...) in ethics actually matter. (shrink)

Version 3.0 12/02/00. Submitted to R.M. Nesse The Evolution of Subjective Commitment, Russell Sage Foundation. Please do not cite without author’s permission.  by Peter J. Richerson and Robert Boyd. Comments welcome! Word count 14,487.

Philosophy of music has flourished in the last thirty years, with great advances made in the understanding of the nature of music and its aesthetics. Peter Kivy has been at the center of this flourishing, and now offers his personal introduction to philosophy of music, a clear and lively explanation of how he sees the most important and interesting philosophical issues relating to music. Anyone interested in music will find this a stimulating introduction to some fascinating questions and ideas.

I’ve been told that there are two principal approaches to drawing figures from life. One begins by tracing an outline of the figure to be drawn, locating its edges and key features on an imagined grid, and then using perspective to fill in depth. The other approach proceeds from the ‘center of mass’ of the subject, seeking to build up the image by supplying contour lines, the intersections of which convey depth—as if the representation were being created in relief. The (...) second approach need not adopt a unified perspective, and is more concerned with evoking the volume and ‘presence’ of the subject than with accurate placement of edges and features. Call this second approach drawing ‘from the inside out’, meant to capture the living force of the subject rather than freeze it in a coordinate frame. (shrink)

Singer and Dawson point out that two arguments against abortion, that the embryo is entitled to protection because from fertilization it is (1) a human being or (2) a potential human being, are also used by opponents of embryo experimentation. They focus on the second argument, evaluating the notion of potentiality as it applies to gametes, to the unimplanted embryo, to the implanted developing embryo, and to the embryo created by in vitro fertilization (IVF). They argue that there is a (...) crucial distinction between natural reproduction, in which all that is needed for the embryo to have a prospect of reaching its potential is for those involved to refrain from stopping it, and IVF, in which the embryo cannot develop into a person without a deliberate human act. Reproductive techniques necessitate our rethinking of established views about potentiality, and how it should be applied to the embryo in a laboratory. (KIE abstract). (shrink)

This book offers a reassessment of the political philosophy of the British Idealists, a group of once influential and now neglected nineteenth-century Hegelian philosophers, whose work has been much misunderstood. Peter Nicholson focuses on F. H. Bradley's idea of morality and moral philosophy; T. H. Green's theory of the Common Good, of the social nature of rights, of freedom, and of state interference; and Bernard Bosanquet's notorious theory of the General Will. By examining the arguments offered by the Idealists (...) and by their critics the author is able to penetrate the deep layers of hostile comment laid down by several generations of later writers and to show that these ideas, once properly understood, are not only defensible but interesting and important. (shrink)

The use of socially learned information (culture) is central to human adaptations. We investigate the hypothesis that the process of cultural evolution has played an active, leading role in the evolution of genes. Culture normally evolves more rapidly than genes, creating novel environments that expose genes to new selective pressures. Many human genes that have been shown to be under recent or current selection are changing as a result of new environments created by cultural innovations. Some changed in response to (...) the development of agricultural subsistence systems in the Early and Middle Holocene. Alleles coding for adaptations to diets rich in plant starch (e.g., amylase copy number) and to epidemic diseases evolved as human populations expanded (e.g., sickle cell and G6PD defi- ciency alleles that provide protection against malaria). Large-scale scans using patterns of linkage disequilibrium to detect recent selection suggest that many more genes evolved in response to agriculture. Genetic change in response to the novel social environment of contemporary modern societies is also likely to be occurring. The functional effects of most of the alleles under selection during the last 10,000 years are currently unknown. Also unknown is the role of paleoenvironmental change in regulating the tempo of hominin evolution. Although the full extent of culture-driven gene-culture coevolution is thus far unknown for the deeper history of the human lineage, theory and some evidence suggest that such effects were profound. Genomic methods promise to have a major impact on our understanding of gene-culture coevolution over the span of hominin evolutionary history. (shrink)

Personality, Consciousness and Nirvana in Early Buddhism Peter Harvey. The. SELFLESS. MIND. PERSQNALITY, CONSCIOUSNESS AND NIRVANA IN EARLY BUDDHISM. PETER. HARVEY. THE SELFLESS MIND THE SELFLESS ...

In De Gustibus Peter Kivy deals with a question that has never been fully addressed by philosophers of art: why do we argue about art? We argue about the 'facts' of the world either to influence people's behaviour or simply to get them to see what we take to be the truth about the world. We argue over ethical matters, if we are ethical 'realists,' because we think we are arguing about 'facts' in the world. And we argue about (...) ethics, if we think matters of ethics are simply matters of 'attitude,' to influence the behaviour of others. But why should we argue about works of art? There are no 'actions' we wish to motivate. Whether I think Bach is greater than Beethoven and you think the opposite, why should it matter to either of us to convince the other? Kivy claims here that we argue over taste because we think, mistakenly or not, that we are arguing over matters of fact. (shrink)

Philosophical Commentary on the Politics of Aristotle.

Wo liegt der Anfang der Bewegung, die unser Leben ist? Was steuert die Menschen in ihrem Verhalten? Wie kommt es zu unseren Handlungen? Die Menschen konnen ihrem Handeln ein inneres geistiges Geschehen vorschalten: das Uberlegen, und dann aus der Uberlegung so handeln, wie sie es tun. Der Beginn beim Uberlegen fuhrt allerdings schnell auf etwas Elementareres, darauf, dass die Menschen Wesen sind, die etwas wollen. Das Uberlegen ist in allem auf ein vorgangiges, anderweitig bestimmtes Wollen bezogen und in seinen Ergebnissen (...) von diesem Wollen abhangig. Tatsachlich liegt, so Peter Stemmer in seinem neuen Buch, die Substanz des menschlichen Lebens nicht im Uberlegen, sondern im Wollen. Wenn aber das Wollen die Ergebnisse des Uberlegens und damit das Handeln bestimmt, was bestimmt dann die Ausrichtung des Wollens? Warum wollen wir, was wir wollen? (shrink)

Although much has been written about the vigorous debates over science and religion in the Victorian era, little attention has been paid to their continuing importance in early twentieth-century Britain. Reconciling Science and Religion provides a comprehensive survey of the interplay between British science and religion from the late nineteenth century to World War II. Peter J. Bowler argues that unlike the United States, where a strong fundamentalist opposition to evolutionism developed in the 1920s (most famously expressed in the (...) Scopes "monkey trial" of 1925), in Britain there was a concerted effort to reconcile science and religion. Intellectually conservative scientists championed the reconciliation and were supported by liberal theologians in the Free Churches and the Church of England, especially the Anglican "Modernists." Popular writers such as Julian Huxley and George Bernard Shaw sought to create a non-Christian religion similar in some respects to the Modernist position. Younger scientists and secularists—including Rationalists such as H. G. Wells and the Marxists—tended to oppose these efforts, as did conservative Christians, who saw the liberal position as a betrayal of the true spirit of their religion. With the increased social tensions of the 1930s, as the churches moved toward a neo-orthodoxy unfriendly to natural theology and biologists adopted the "Modern Synthesis" of genetics and evolutionary theory, the proposed reconciliation fell apart. Because the tensions between science and religion—and efforts at reconciling the two—are still very much with us today, Bowler's book will be important for everyone interested in these issues. Contents: Illustrations Preface Introduction: A Legacy of Conflict? Confrontation, Cooperation, or Coexistence? Victorian Background Science and Religion in the New Century Part One: The Sciences and Religion 1. The Religion of Scientists Changing Patterns of Belief Scientists and Christianity Scientists and Theism Method and Meaning Science and Values 2. Scientists against Superstition Science and Rationalism Religion without Revelation Marxists and Other Radicals Science, Religion, and the History of Science 3. Physics and Cosmology Ether and Spirit The New Physics The Earth and the Universe 4. Evolution and the New Natural Theology Science and Creation Evolution and Progress The Role of Lamarckism Darwinism Revived 5. Matter, Life, and Mind The Origin of Life Vitalism and Organicism Mind and Body Psychology and Religion Part Two: The Churches and Science 6. The Churches in the New Century The Challenge of the New The Churches’ Response 7. The New Theology in the Free Churches Precursors of the New Theology Campbell and the New Theology Modernism in the Free Churches 8. Anglican Modernism Modernism and the New Natural Theology Charles F. D’Arcy E. W. Barnes W. R. Inge Charles Raven 9. The Reaction against Modernism Evangelicals against Evolution Liberal Catholicism The Menace of the New Psychology Science and Modern Life Theology in the Thirties Roman Catholicism Part Three: The Wider Debate 10. Science and Secularism Against Idealism Popular Rationalism The Social Reformers 11. Religion’s Defenders From Idealism to Spiritualism Creative and Emergent Evolution Evolution and the Human Spirit Progress through Struggle The Christian Response Epilogue Biographical Appendix Bibliography Index. (shrink)

In this compelling and timely treatise, cultural theorist and educator Peter Trifonas puts forth the first book-length study of Jacques Derrida's 'educational texts:' that is, those writings most explicitly concerned with the ethics and politics of the historico-philosophical structures constituting the scene of teaching. The text examines how deconstruction allows us to re-think the socio-historical and ethico-philosophical aspects of pedagogical practices and policies, including pedagogical theories that have had direct bearing on the ethical and cultural ideals forming the reason (...) of Western educational systems and the exclusion of its 'Others.'. (shrink)

This timely book by philosopher Peter Dews explores the idea of evil, one of the most problematic terms in the contemporary moral vocabulary. Surveys the intellectual debate on the nature of evil over the past two hundred years Engages with a broad range of discourses and thinkers, from Kant and the German Idealists, via Schopenhauer and Nietzsche, to Levinas and Adorno Suggests that the concept of moral evil touches on a neuralgic point in western culture Argues that, despite the (...) widespread abuse and political manipulation of the term ‘evil’, we cannot do without it Concludes that if we use the concept of evil, we must acknowledge its religious dimension. (shrink)

Troubling Reason: Notes from Underground Revisited -- Love, Attention and Teaching: The Brothers Karamazov -- Passion as a Quality of Education: The Death of Ivan Ilyich -- Education, Rationality and the Meaning of Life: Tolstoy's Confession -- Pedagogy of the Gaze: An Educational Reading of Lolita -- Education Arrayed in Time: Nabokov and the Problem of Time and Space -- Conclusion: Literature, Philosophy and Education.

Quantum theory is our deepest theory of the nature of matter. It is a theory that, notoriously, produces results which challenge the laws of classical logic and suggests that the physical world is illogical. This book gives a critical review of work on the foundations of quantum mechanics at a level accessible to non-experts. Assuming his readers have some background in mathematics and physics, Peter Gibbins focuses on the questions of whether the results of quantum theory require us to (...) abandon classical logic and whether quantum logic can resolve the paradoxes produced by quantum mechanics. He argues that quantum logic does not dispose of the problems faced by classical logic, that no reasonable interpretation of quantum mechanics in terms of 'hidden variables' can be found, and that after all these years quantum mechanics remains a mystery to us. Particles and Paradoxes provides a much-needed and valuable introduction to the philosophy of quantum mechanics and, at the same time, an example of just what it is to do the philosophy of physics. (shrink)

Is society an organic whole with each of its many components working together like the organs in a body? Like organisms, societies are composed of many parts which seem to work together enhance their survival. Different people fulfill different, necessary role—subsistence, reproduction, coordination, and defense. Regular exchange of matter and energy guarantees that each component has the resources it needs. Norms, laws and customs regulate virtually every aspect of social interaction, who may marry who, how disputes are resolved, and how (...) verbs should be conjugated. Ritual and religion provide comfort to the sick and fearful, maintain a feeling of solidarity and belonging, and serve to preserve and transmit knowledge through time. Even the simplest human societies seem like complex machines designed for growth and survival. (shrink)

Demography plays a large role in cultural evolution through its effects on the effective rate of innovation. If we assume that useful inventions are rare, then small isolated societies will have low rates of invention. In small populations, complex technology will tend to be lost as a result of random loss or incomplete transmission (the Tasmanian effect). Large populations have more inventors and are more resistant to loss by chance. If human populations can grow freely, then a population-technology-population positive feedback (...) should occur such that human societies reach a stable growth path on which the rate of growth of technology is limited by the rate of invention. This scenario fits the Holocene to a first approximation, but the late Pleistocene is a great puzzle. Large-brained hominins existed in Africa and west Eurasia for perhaps 50,000 years with, at best, slow rates of technical innovation. The most sophisticated societies of the last glacial period appear after 50,000 years ago and were apparently restricted to west and north-central Eurasia and North Africa. These patterns have no simple, commonly accepted explanation. We argue that increased high-frequency climate change around 70,000–50,000 years ago may have tipped the balance between humans and their competitor-predators, such as lions and wolves, in favor of humans. At the same time, technically sophisticated hunters would tend to overharvest their prey. Perhaps the ephemeral appearance of complex tools and symbolic artifacts in Africa after 00,000 years ago resulted from hunting inventions that allowed human populations to expand temporarily before prey overexploitation led to human population and technology collapse. Sustained human populations of moderate size using distinctively advanced Upper Paleolithic artifacts may have existed in west Eurasia because cold, continental northeastern Eurasia–Beringia acted as a protected reserve for prey populations. (shrink)

Is science getting at the truth? The sceptics – those who spread doubt about science – often employ a simple argument: scientists were sure in the past, and then they ended up being wrong. Such sceptics draw on dramatic quotes from eminent scientists such as Lord Kelvin, who reportedly stated at the turn of the 20th century “There is nothing new to be discovered in physics now,” shortly before physics was dramatically transformed. They ask: given the history of science, wouldn’t (...) it be naïve to think that current scientific theories reveal ‘the truth’, and will never be discarded in favour of other theories? Through a combination of historical investigation and philosophical-sociological analysis, Identifying Future-Proof Science defends science against such potentially dangerous scepticism. It is argued that we can confidently identify many scientific claims that are future-proof: they will last forever, so long as science continues. How do we identify future-proof claims? This appears to be a new question for science scholars, and not an unimportant one. It is argued that the best way to identify future-proof science is to avoid any attempt to analyse the relevant first-order scientific evidence, instead focusing purely on second-order evidence. Specifically, a scientific claim is future-proof when the relevant scientific community is large, international, and diverse, and at least 95% of that community would describe the claim as a ‘scientific fact’. In the entire history of science, no claim meeting these criteria has ever been overturned, despite enormous opportunity. (shrink)

Introduction -- Nishida -- Nishitani -- Tanabe -- The Danish parallel -- Conclusion.

In this book, Raabe argues that philosophy can effectively inform and improve conventional methods of treating mental illness. He presents clinical evidence showing that mild and so-called clinical mental illnesses can be both prevented and alleviated with philosophical talk therapy. Raabe offers concrete case examples that support his findings.

The work of Bertrand Russell had a decisive influence on the emergence of analytic philosophy, and on its subsequent development. The prize-winning Russell scholar Peter Hylton presents here some of his most celebrated essays from the last two decades, all of which strive to recapture and articulate Russell's monumental vision. Relating his work to that of other philosophers, particularly Frege and Wittgenstein, and featuring a previously unpublished essay and a helpful new introduction, the volume will be essential for anyone (...) engaged with the history of twentieth-century ideas. (shrink)

'Understanding Emotions' presents eight original essays on the emotions from leading contemporary philosophers in North America and the U.K - Simon Blackburn, Bill Brewer, Peter Goldie, Dan Hutto, Adam Morton, Michael Stocker, Barry Smith, and Finn Spicer. Goldie and Spicer's introductory chapter sets out the key themes of the ensuing chapters - surveying contemporary philosophical thinking about the emotions, and raising challenges to a number of prejudices that are sometimes brought to the topic from elsewhere in the philosophy of (...) mind and moral philosophy. Brewer, Hutto, Goldie and Smith explore the conceptual and epistemological problems of other minds that the emotions raise, and how the emotions can be a source of knowledge of the world around us. The chapters by Stocker, Blackburn and Morton are broadly concerned with issues in morality - Stocker argues for the traditional Aristotelian view that emotions reveal value and are constitutive of value; Blackburn, from a more Augustinian perspective, argues that the virtuous person, like the rest of us, will be emotional but he or she will have the right emotions towards the right objects; Morton questions the idea of emotions and narrative as sources of self-understanding. An extensive bibliography completes the book. Drawing together the arguments of leading contemporary philosophers, focusing on issues in the philosophy of mind, epistemology and moral philosophy, this book offers a wide and deep understanding of the emotions, and will be of interest across the philosophical spectrum to students and researchers of this fascinating and important topic. (shrink)

MOST MODERN PEOPLE think it is obvious why people become modern. For them, a more interesting and important puzzle is why some people fail to embrace modern ideas. Why do people in traditional societies often seem unable or unwilling to aspire to a better life for themselves and their children? Why do they fail to see the benefi ts of education, equal rights, democracy, and a rational approach to decisionmaking? What is the glue that makes them adhere to superstition, religion, (...) and obligations to family and tribe even if it means accepting a life of insecurity and poverty? The “kin infl uence hypothesis” (Newson et al. 2005) suggests an explanation both for why people become modern and for why modern ideas are often slow to be accepted by a population. The hypothesis is based on the understanding gained by social-psychological research of how cultural norms change. It takes a Darwinian approach to explaining human behavior and recognizes that much of the cultural change associated with modernization is a progressive abandonment of values and norms that encourage people to pursue what evolutionary theorists refer to as “reproductive success.”1 The kin infl uence hypothesis proposes that the cascade of cultural changes associated with modernization is the result of the momentous change in the human social environment that occurs early in economic development. For most of human evolutionary history, the norms of all cultures must have prescribed behavior that, on balance, enhanced the genetic fi tness of their members. If this were not the case, then, as Lumsden and Wilson (1981) and Alexander (1979) rightly pointed out, evolutionary biologists would be unable to explain how humans evolved the uniquely human capacity for learning and imitation that makes culture possible. Nor could we explain how an African ape came to be the world’s dominant organism. With economic development, however, people begin to abandon the beliefs and values that encourage fi tness-enhancing behavior.. (shrink)

Ongoing advances in paleoclimatology and paleoecology are producing an ever more detailed picture of the environments in which our species evolved. This picture is important to understanding the processes by which our large brain evolved. Our large brain and its productions—toolmaking, complex social institutions, language, art, religion—are our most striking differences from our closest living relatives. Indeed, humans are unique in the animal world for our brain size relative to body mass and in the elaboration of our cultures. We are (...) also the world’s dominant organism (Vitousek et al. 1997). We achieved our present anatomy and behavioral repertoire very recently. Fossil material attributable to our species goes back perhaps 200,000 years and artifacts that strike us as representing fully modern behavioral capacities are only about 50,000 years old (Klein 1999; McBrearty and Brooks 2000), about which time anatomically modern humans spread from Africa to Eurasia (Lahr and Foley 1994). Our ecological dominance began with the evolution of agriculture starting about 10,000 years ago. Explaining the late coming of human brains is a major evolutionary puzzle. Most important animal adaptations are old. Eyes, internal skeletons, adaptations for terrestrial life and for flight all date back hundreds of millions of years. Given that big brains and culture were such an overwhelming success for us why didn’t they evolve long ago? (shrink)

‘British Empiricism’ is a name traditionally used to pick out a group of eighteenth-century thinkers who prioritised knowledge via the senses over reason or the intellect and who denied the existence of innate ideas. The name includes most notably John Locke, George Berkeley, and David Hume. The counterpart to British Empiricism is traditionally considered to be Continental Rationalism that was advocated by Descartes, Spinoza, and Leibniz, all of whom lived in Continental Europe beyond the British Isles and all embraced innate (...) ideas. This article characterizes empiricists more broadly as those thinkers who accept Locke’s Axiom that there is no idea in the mind that cannot be traced back to some particular experience. It includes British-Irish Philosophy from the seventeenth, eighteenth, and nineteenth century. As well as exploring the traditional connections among empiricism and metaphysics and epistemology, it examines how British empiricists dealt with issues in moral philosophy and the existence and nature of God. The article identifies some challenges to the standard understanding of British Empiricism by including early modern thinkers from typically marginalised groups, especially women. Finally, in showing that there is nothing uniquely British about being an empiricist, it examines a particular case study of the eighteenth-century philosopher Anton Wilhelm Amo, the first African to receive a doctorate in Europe. (shrink)

Peter C. Hodgson explores Hegel's bold vision of history as the progress of the consciousness of freedom. Following an introductory chapter on the textual sources, the key categories, and the modes of writing history that Hegel distinguishes, Hodgson presents a new interpretation of Hegel's conception of freedom. Freedom is not simply a human production, but takes shape through the interweaving of the divine idea and human passions, and such freedom defines the purpose of historical events in the midst of (...) apparent chaos. Freedom is also a process that unfolds through stages of historical/cultural development and is oriented to an end that occurs within history (the 'kingdom of freedom'). The purpose and the process of history are tragic, however, because history is also a 'slaughterhouse' that shatters even the finest human creations and requires a constant rebuilding. Hegel's God is not a supreme being or 'large entity' but the 'true infinite' that encompasses the finite. History manifests the rule of God ('providence'), and it functions as the justification of God ('theodicy'). But the God who rules in and is justified by history is a crucified God who takes the suffering, anguish, and evil of the world into and upon godself, accomplishing reconciliation in the midst of ongoing estrangement and inescapable death. Shapes of Freedom addresses these themes in the context of present-day questions about what they mean and whether they still have validity. (shrink)

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In the New Essays on Human Understanding, Leibniz argues chapter by chapter with John Locke's Essay Concerning Human Understanding, challenging his views about knowledge, personal identity, God, morality, mind and matter, nature versus nurture, logic and language, and a host of other topics. The work is a series of sharp, deep discussions by one great philosopher of the work of another. Leibniz's references to his contemporaries and his discussions of the ideas and institutions of the age make this a fascinating (...) and valuable document in the history of ideas. The work was originally written in French, and the version by Peter Remnant and Jonathan Bennett, based on the only reliable French edition, first appeared in 1981 and has become the standard English translation. It has been thoroughly revised for this series and provided with a new and longer introduction, a chronology on Leibniz's life and career and a guide to further reading. (shrink)

Mainstream neoclassical economics, as well as heterodox schools, should be regarded as different kinds of 'political economics'. There is no value-free economics. We therefore need to bring democracy into economics. The present challenge of sustainable development suggests that a new conceptual framework in economics is needed. In this essay, a political and democratic view of individuals, organisations, decision-making, markets, assessment of investment projects and policy options is proposed. The imperative of democracy also implies that the close-to-monopoly position of neoclassical theory (...) and method at university departments of economics has to be replaced by pluralism. There is a continued role for neoclassical theory and method, considering the fact that millions of professionals globally have been indoctrinated in this particular way of understanding efficiency and governance, but the idea that neoclassical theory is best for all purposes has to be abandoned. (shrink)