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Critical Realism in Economics

Critical Realism in Economics
Author: Steve Fleetwood
Publisher: Psychology Press
Total Pages: 292
Release: 1999
Genre: Critical realism
ISBN: 9780415195683

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Presents a collection of articles previously published in the Review of Social Economy (1996) and in Ekonomia (1997). These articles extend insights from critical realism into the fields of economic methodology and economic theory in such a way as to open up new forms of investigation in economics and transform the nature of economic reasoning. It is argued that the specific value of this approach is that it directs attention to the structures and capacities that explain the observed phenomena of economic life. This volume includes papers from authors critical of this approach, as well as from those who discuss its full implications for contemporary economics. Paper edition (19568-3), $27.99. Annotation copyrighted by Book News, Inc., Portland, OR


Applied Economics and the Critical Realist Critique

Applied Economics and the Critical Realist Critique
Author: Paul Downward
Publisher: Routledge
Total Pages: 381
Release: 2005-08-18
Genre: Business & Economics
ISBN: 1134497598

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This intriguing new book examines and analyses the role of critical realism in economics and specifically how this line of thought can be applied to the real world. With contributions from such varying commentators as Sheila Dow, Wendy Olsen and Fred Lee, this new book is unique in its approach and will be of great interest to both economic methodologists and those involved in applied economic studies.


Economics and Reality

Economics and Reality
Author: Tony Lawson
Publisher: Routledge
Total Pages: 388
Release: 1997-01-02
Genre: Business & Economics
ISBN: 1134735103

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'No reality please. We're economists'. There is a wide spread belief that modern economics is irrelevant to the understanding of the real world. In a controversial and original study, Tony Lawson argues that the root of this irrelevance is in the failure of economists to find methods and tools which are appropriate for the social world it addresses


Transforming Economics

Transforming Economics
Author: Paul Lewis
Publisher: Psychology Press
Total Pages: 330
Release: 2004
Genre: Critical realism
ISBN: 0415369665

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Leading authors within economics have come together here to discuss the contribution of critical realism to economics. A wide range of opinions are offered from Ben Fine to Clive Grainger and the results are explosive.


Crisis System

Crisis System
Author: Petter Naess
Publisher: Routledge
Total Pages: 238
Release: 2016-06-17
Genre: Social Science
ISBN: 1134799918

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This book throws light onto the nature and causes of three different but strongly interconnected crises in contemporary societies worldwide: an economic crisis, an ecological crisis and a normative (moral and political) crisis. These crises are reflected in the profoundly inequitable distribution of wealth, resources and life opportunities around the world. If we follow the causal roots of these crises, we are led back to an inherent dynamic in the capitalist economic system itself, discursively expressed as neoclassical, mainstream economics. For instance, by conflating human needs with market demand, mainstream economics disregards the needs of those who do not have sufficient purchasing power, as well as any needs that cannot be quantified or monetised in some way. Mainstream economics also ignores the notion of natural limits. Furthermore, it seems that everything that is quantifiable is potentially for sale and this results in the substitution of nature, indigenous cultural traditions and various life forms with commodities and ‘human capital’. The latter is defined as the skills instrumental for continual economic growth. Besides critiquing the academic discipline of economics, this book also points to a number of dysfunctional and crisis-prone structures and practices of substantive economic life. It will be of interest to students and scholars working in philosophy, economics and environmental studies.


Critical Realism

Critical Realism
Author: Hubert Buch-Hansen
Publisher: Bloomsbury Publishing
Total Pages: 233
Release: 2020-08-29
Genre: Social Science
ISBN: 1350314420

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This new textbook offers a succinct yet broad introduction to critical realism, an increasingly popular approach to the philosophy of science that provides a holistic alternative to both positivism and postmodernism. This text sets out the central concepts, arguments and understandings in critical realism and relates them to social scientific practice. In addition to answering the question 'what is critical realism?', the authors consider critical realism in light of two crucial themes in contemporary society – neoliberalism and climate change – which run as common threads throughout the chapters. While some introductions to the topic focus exclusively on the work of Roy Bhaskar – critical realism's best-known proponent – this text covers a much wider range of thinkers and social researchers, and also features Key Concept boxes and CR in Action boxes throughout to aid the reader through this complex yet rewarding subject. This text is the perfect entry point for all those studying critical realism for the first time, or for those seeking to re-familiarise themselves with this approach. Whether you're studying critical realism as part of a broader course on the philosophy of science or seeking to apply critical realist methods to a particular research project, this book is essential reading for the social sciences, humanities and beyond.


The Economics of Science: A Critical Realist Overview

The Economics of Science: A Critical Realist Overview
Author: David Tyfield
Publisher: Routledge
Total Pages: 250
Release: 2012-06-12
Genre: Social Science
ISBN: 1136587004

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Dramatic and controversial changes in the funding of science over the past two decades, towards its increasing commercialization, have stimulated a huge literature trying to set out an "economics of science". Whether broadly in favour or against these changes, the vast majority of these frameworks employ ahistorical analyses that cannot conceptualise, let alone address, the questions of "why have these changes occurred?" and "why now?" Nor, therefore, can they offer much insight into the crucial question of future trends. Given the growing importance of science and innovation in an age of both a globalizing knowledge-based economy (itself in crisis) and enormous challenges that demand scientific and technological responses, these are significant gaps in our understanding of important contemporary social processes. This book argues that the fundamental underlying problem in all cases is the ontological shallowness of these theories, which can only be remedied by attention to ontological presuppositions. Conversely, a critical realist approach affords the integration of a realist political economy into the analysis of the economics of science that does afford explicit attention to these crucial questions; a ‘cultural political economy of research and innovation’ (CPERI). Accordingly, the book sets out an introduction to the existing literature on the economics of science together with novel discussion of the field from a critical realist perspective. In arguing thus across levels of abstraction, however, the book also explores how concerted engagement with substantive social enquiry and theoretical debate develops and strengthens critical realism as a philosophical project, rather than simply ‘applying’ it. While the first of these two volumes argues how mainstream economics is inadequate to the task of an explanatory and critical ‘economics of science’, the challenge in this second volume is to examine the strengths and weaknesses of disciplines offering more promising starting points. Two social scientific disciplines are particularly promising candidates, starting from ‘economy’ or ‘science’, namely heterodox political economy and science & technology studies respectively. Synthesising these into an ‘economics of science’, however, still encounters considerable hurdles, in that there remain some fundamental and mutual philosophical incompatibilities. Formulating an ‘economics of science’ thus demands that both ‘economics’ and ‘science’ be redefined. The book explores how a critical realist approach affords some common ground upon which this productive synthesis may be pursued, in the form of a cultural political economy of research and innovation (CPERI).


The Economics of Science

The Economics of Science
Author: David Tyfield
Publisher:
Total Pages: 0
Release: 2012
Genre: Science
ISBN: 9780415688796

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"This book argues that the fundamental underlying problem in all cases is the ontological shallowness of these theories, which can only be remedied by attention to ontological presuppositions. Conversely, a critical realist approach affords the integration of a realist political economy into the analysis of the economics of science that does afford explicit attention to these crucial questions; a 'cultural political economy of research and innovation' (CPERI). Accordingly, the book sets out an introduction to the existing literature on the economics of science together with novel discussion of the field from a critical realist perspective. In arguing thus across levels of abstraction, however, the book also explores how concerted engagement with substantive social enquiry and theoretical debate develops and strengthens critical realism as a philosophical project, rather than simply 'applying' it."--P. [4] of cover.


Beyond Rhetoric and Realism in Economics

Beyond Rhetoric and Realism in Economics
Author: Thomas Boylan
Publisher: Routledge
Total Pages: 268
Release: 1995-06-08
Genre: Business & Economics
ISBN: 1134801955

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Boylan and O'Gorman inject a fresh empiricist voice into the recent debates in economic methodology.... praise the book for its careful scholarship, its intellectual novelty and its familiarity with existing methodological literature." D. Wade Hands, University of Puget Sound, USA