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Philosophy in the time of economic crisis : pragmatism and economy

Author: Kenneth W Stikkers; Krzysztof Piotr Skowroński
Publisher: Abingdon, Oxon ; New York, NY : Routledge, 2017.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
"For over 2000 years, economics was studied in the West as a branch of ethics, or moral philosophy. Presently, though, few economists and no textbook in economic orthodoxy claim any close connection between economic science and philosophy. However, might the current 'crises' in economics, and in the economics profession have their deep roots in the separation of economics from philosophy and ethics? American  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Philosophy in the time of economic crisis.
Abingdon, Oxon ; New York, NY : Routledge, 2017
(DLC) 2017012355
(OCoLC)978963636
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Kenneth W Stikkers; Krzysztof Piotr Skowroński
ISBN: 9781315168869 1315168863 9781351687249 1351687247
OCLC Number: 1002209560
Notes: Includes index.
Description: 1 online resource
Contents: Part PART I The crisis in philosophical and historical perspective --
chapter 1 Philosophy and the crisis of economic science / KENNETH W. STIKKERS --
chapter 2 On the shadow and the substance: Adam Smith, John Dewey, and the Great Recession MICHAEL SCHLEETER --
chapter 3 John Dewey: A philosophy for times of crisis / MATTEO SANTARELLI --
part PART II The narrative and rhetoric of 'crisis' --
chapter 4 Neopragmatist ethnocentric rhetoric on economic crisis: Richard Rorty and social amelioration by redescription / KRZYSZTOF PIOTR SKOWROŃSKI --
chapter 5 If philosophers are so smart: The metaphor of 'global economic crisis' / MAJA NIESTROJ --
part PART III The economy of happiness and desire --
chapter 6 Mead's bio-social theory of the Self and the economics of happiness, for a pragmatist philosophy of economics / GUIDO BAGGIO --
chapter 7 The hegemony of finance: Recognition and the capture of desire / HENRY KELLY --
chapter 8 Deep capture: The hidden role of rationalizations, psychology, and corporate law, and what philosophy can do about it / MARCIN KILANOWSKI --
part PART IV The efficiency of markets --
chapter 9 Pragmatic theory of information and the Eficient market hypothesis: From philosophical ideas to tradifers' behavior analyses / AGNIESZKA HENSOLDT --
chapter 10 The relativity of transaction costs / LIU MU --
part PART V Looking beyond the crisis --
chapter 11 A pragmatist model of transforming urban inequalities: Creating livable cities in a time of crisis / DAVID W. WOODS --
chapter 12 Deepening Piketty's pragmatism: Hopeful leadings for democratic political economy / JUDITH GREEN.
Responsibility: edited by Kenneth W. Stikkers and Krzysztof Piotr Skowronski.

Abstract:

"For over 2000 years, economics was studied in the West as a branch of ethics, or moral philosophy. Presently, though, few economists and no textbook in economic orthodoxy claim any close connection between economic science and philosophy. However, might the current 'crises' in economics, and in the economics profession have their deep roots in the separation of economics from philosophy and ethics? American pragmatism, among the various contemporary philosophic traditions, lends itself specially to dialogue with economics because of its view of philosophy as an instrument for solving the real, concrete problems of human life, both personal and social. The essays in this volume, drawing heavily on the tradition of pragmatism, suggest that the economic crises of our time (the 2008 collapse of real estate and finance markets) might not be merely technical in nature - that is, the result of faulty applications of economic tools by politicians and policy makers, based up conventional economic models - but also due to the faulty philosophical assumptions underlying those models. These essays suggest that the overcoming of our current economic crises requires that economists once again become moral philosophers, or that philosophers once again engage themselves in economic matters.? In either case, this volume aims to foster dialogue between the two disciplines and in that way, contribute to the improvement of contemporary economic life. This book is suitable for those who study political economy, economic theory and economic philosophy.? "--Provided by publisher.

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