Equilibrium versus Understanding: Towards the Rehumanizing of Economics within Social Theory

by Mark Addleson

Overview

Equilibrium versus Understanding argues that neo-classical theory is incapable of explaining or understanding human conduct. The author asserts that a different sort of economic theory is required and proposes a hermeneutic one. The book presents a comprehensive description and analysis of the methodologies involved, ultimately rejecting the positi

Product Details

ISBN-13:	9781134796496
Publisher:	Taylor & Francis
Publication date:	09/28/1995
Series:	Routledge Frontiers of Political Economy
Sold by:	Barnes & Noble
Format:	eBook
Pages:	304
File size:	873 KB

About the Author

Mark Addleson is Associate Professor in the Program on Social and Organisational Learning, George Mason University, Virginia. He has previously taught at the University of the Witwatersrand’s Business School, South Africa and he has also held a directorship in a firm of economics consultants. His publications include contributions on the methodology of Austrian economics and on industrial decentralisation policy.

Table of Contents

Acknowledgements Part 1 INTRODUCTION 1 TWO LANGUAGES OF ECONOMIC THEORY 2 NEOCLASSICAL METHODOLOGY 3 THE PRACTICES OF NEOCLASSICISTS 4 ON SUBJECTIVISM 5 INTERPRETATIVE UNDERSTANDING 6 AUSTRIAN ECONOMICS AND SUBJECTIVISM 7 IMPLICATIONS OF INTERPRETATIVE UNDERSTANDING Part 2 8 MODELS OF INDUSTRIAL LOCATION 9 LOCATION THEORY AS A NARRATIVE 10 DECISIONS ABOUT THINGS IN THE WORLD 11 PLANS AND DECISIONS AS UNDERSTANDING 12 INVESTMENT DECISIONS 13 UNDERSTANDING AND LOCATIONS 14 RETROSPECT AND PROSPECT