Theoretical and Practical Reason in Economics
ISBN:
9789400755635
Auflage:
2013
Verlag:
Springer Netherland
Land des Verlags:
Deutschland
Erscheinungsdatum:
26.09.2012
Reihe:
SpringerBriefs in Philosophy
Format:
Softcover
Seitenanzahl:
109
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The aim of the book is to argue for the restoration of theoretical and practical reason to economics. It presents Nancy Cartwright and Amartya Sen’s ideas as cases of this restoration and sees Aristotle as an influence on their thought. It looks at how we can use these ideas to develop a valuable understanding of practical reason for solving concrete problems in science and society. Cartwright’s capacities are real causes of events. Sen’s capabilities are the human person’s freedoms or possibilities. They relate these concepts to Aristotelian concepts. This suggests that these concepts can be combined. Sen’s capabilities are Cartwright’s capacities in the human realm; capabilities are real causes of events in economic life. Institutions allow us to deliberate on and guide our decisions about capabilities, through the use of practical reason. Institutions thus embody practical reason and infuse certain predictability into economic action. The book presents a case study: the UNDP’s HDI.
Schlagwörter
Nancy Cartwright
United Nations Development Programme
The Human Development Index (HDI)
The Aristotelian Contribution to the Capability Approach
Socio-economic Machines
Skepticism about Capacities
Sen’s Capability Approach
Rationality of Economics
Practical Reason in Social Science
Ontology of Capacities
Capacities and Nomological Machines
Identification of Valuable Capabilities
Epistemology of Capacities
Economics and Ethics
Cartwright–Mill Connection
Cartwright–Aristotle Connection
Cartwright–Anscombe Connection
Aristotle on Lists
Aristotle and Sen
Amartya Sen's Capability Approach
Reducing Natural Resource Dependency for Economic Growth in Resource Rich Countries
Erscheinungsjahr:
2024
