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Otto Neurath and the history of economics

Author: Michael H Turk
Publisher: Abingdon, Oxon ; New York, NY : Routledge, 2018. ©2018
Series: Routledge studies in the history of economics, 208.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
"Although Otto Neurath left his mark across an array of fields in the first half of the twentieth century, he was trained as an economist and wrote extensively about economics. He questioned the philosophical foundations of economic concepts, the fuzziness of economic terminology, the unwarranted reduction of economic theorizing to matters of price, and the misplaced reliance upon certain quantitative approaches.  Read more...
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Genre/Form: Electronic books
History
Additional Physical Format: Print version:
Turk, Michael H.
Otto Neurath and the history of economics.
London ; New York : Routledge, 2018
(DLC) 2018002011
Named Person: Otto Neurath; Otto Neurath
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Michael H Turk
ISBN: 9781351743839 135174383X
OCLC Number: 1021070517
Description: 1 online resource (207 pages).
Contents: Cover; Half Title; Title Page; Copyright Page; Table of Contents; Acknowledgments; 1. Introduction: placing Otto Neurath in the history of economic thought; References; 2. Neurath in his milieu; A brief biographical sketch: to the launching of the Vienna Circle; Neurath in the Netherlands: Tinbergen's review; The importance of place: Neurath's Vienna and the Austrian context; An age of cultural efflorescence; On the influence of Wilhelm Neurath; Neurath and the German Historical School; Neurath and the Marxists; The Viennese crucible of economic thought; On the formative in history. The Vienna Circle and political economyReferences; 3. Faulty philosophical foundations of economics; The scope of Neurath's critique; Principles Underlying Neurath's Critique; Nature and role of concept formation; The curious case of utilitarianism; Materialism and the role of interpretation; On the uses and limitations of dichotomy; Inversion of the place of science; More on machines, mechanical analogies, and mechanisms; A foundation provided by Becher and King; Overproduction, the paradox of plenty, and the theory of value; Statistics, generalities, and abstraction. Implications of the limitations of proofA philosophical critique of political economy: the view from the 1930s; The role of intentionality and interiority: methodological considerations; Epilogue: on the subjective and objective in economics; References; 4. Out of the German Historical School: the divergent paths of Otto Neurath and Max Weber; Intertwined paths and careers; Contours of the German Historical School; Test case: the nature of exchange; The pivot afforded by a conceptual critique; The evolution of Neurath's economic thought; Totalities vs. aggregations. Blending political economy and historyMaterialist and idealist tensions; On the role of history and consciousness; Pivoting on the 'spirit of Protestantism' and the role of ideas; Neurath, Weber, and the fate of historical economics; References; 5. Ecological economics and qualitative measurement; Backdrop: the rise of ecological economics; Ecological economics: the divisions within; Ecological economics and socialization; Of goods and ills; Delineating an ecological economics in the conceptual structure of economic theory; From the study of 'Bodenkultur' to 'multidimensional classification' The nature of ecological measurementNeurath and Sen on welfare and measurement; 'No teleology, no imperative'; Philosophy of science and ecological economics; References; 6. Neurath, Sraffa, and the problem with prices; A brief retrospective on prices in economic thought; Neurath and Sraffa: 'prelude' to a conceptual critique; Biographical parallels; The Neurath construct; Sraffa's classical reformulation; Observables, the labor theory of value, and prices; Transcendance of the physical, as measure or otherwise; Whither prices?; The Wittgenstein connection; The language of capital.
Series Title: Routledge studies in the history of economics, 208.
Responsibility: Michael Turk.

Abstract:

"Although Otto Neurath left his mark across an array of fields in the first half of the twentieth century, he was trained as an economist and wrote extensively about economics. He questioned the philosophical foundations of economic concepts, the fuzziness of economic terminology, the unwarranted reduction of economic theorizing to matters of price, and the misplaced reliance upon certain quantitative approaches. This book intends to find a place for Otto Neurath in the history of economic thought by examining and analyzing his economic ideas, both on their own terms, albeit with a critical perspective, and in the broader context of their impact. Neurath may be seen as a pioneer in posing ideas and approaches now considered heterodox. This book will be of interest to students and researchers of the history of economic thought, and especially those interested in the evolution of heterodox economics in the twentieth century."--Provided by publisher.

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