Society, Economics, and Philosophy

Society, Economics, and Philosophy PDF

Author: Michael Polanyi

Publisher: Routledge

Published: 2017-07-28

Total Pages: 308

ISBN-13: 1351489097

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Society, Economics and Philosophy represents the full range of Polanyi's interests outside of his scientific work: economics, politics, society, philosophy of science, religion and positivist obstacles to it, and art. Polanyi's principal ideas are contained in three essays: on the scientific revolution, the creative imagination and the mind-body relation. Precisely because of Polanyi's work in the physical sciences, his writings have a unique dimension not found in other advocates of the market and too infrequently found even in philosophers of science.Polanyi was a powerful critic of totalitarianism and of the deficiencies of the usual defenses of freedom which helped to prepare the way for it. Freedom, he argued, can be based only upon truth and dedication to transcendent ideals, not upon skepticism, utilitarianism and the liberty of doing merely as one pleases. At a time when easy slogans about socialism were dominant in intellectual circles, epitomized by Sidney and Beatrice Webb, and when calls for the central planning of scientific research were made by such as J.D. Bernal, Polanyi exposed their errors and showed that science can flourish only in a free society.More radically than even von Mises and Hayek, Polanyi showed that an industrial economy can operate only polycentrically, that central planning is logically impossible, and that what was called by that name in the Soviet Union was in reality no such thing. Likewise, scientific research can proceed, not by a central plan, but only by the spontaneous self-adjustment of separate initiatives to discover a common reality. Against the positivism dominant within philosophy of science, he argued that the notion of reality must be restored and made central. Yet physical sciences, he also argued, are only one branch of science, and the sciences of life and mind are logically richer and more complex and cannot be reduced to the former, nor mind to body or to computers, nor art to its ph

New Studies in Philosophy, Politics, Economics and the History of Ideas

New Studies in Philosophy, Politics, Economics and the History of Ideas PDF

Author: F. A. Hayek

Publisher: University of Chicago Press

Published: 2018-12-22

Total Pages: 323

ISBN-13: 0226321282

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From a Nobel Laureate economist, a collection of essays outlining ideas on political theory, economic freedom and epistemology. Following on F. A. Hayek’s previous work Studies in Philosophy, Politics, and Economics (1967), New Studies in Philosophy, Politics, Economics and the History of Ideas collects some of Hayek’s most notable essays and lectures dealing with problems of philosophy, politics and economics, with many of the essays falling into more than one of these categories. Expanding upon the previous volume the present work also includes a fourth part collecting a series of Hayek’s writings under the heading “History of Ideas.” Of the articles contained in this volume the lectures on “The Errors of Constructivism”and “Competition as a Discovery Procedure” have been published before only in German, while the article on “Liberalism” was written in English to be published in an Italian translation in the Enciclopedia del Novicento by the Istituto della Enciclopedia Italiana at Rome.

Commercial Society

Commercial Society PDF

Author: Cathleen Johnson

Publisher: Rowman & Littlefield

Published: 2019-10-04

Total Pages: 355

ISBN-13: 1786613573

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One of the greatest and most joyful challenges of adult life is to develop skills that make the people around us better off with us than without us. Integrity is a key part of that challenge. We are social animals, aiming not simply to trade but to make a place for ourselves in a community. You don’t want to have to pretend that you feel proud of fooling your customers into believing you could be trusted. The ethical question is: how do people have to live in order to make the world a better place with them than without them? The economic question is: what kind of society makes people willing and able to use their talents in a way that is good for them and for the people around them? The entrepreneurial question is: what does it take to show up in the marketplace with something that can take your community to a different level? In this book, the authors discuss the connections between the ethical, economic, and entrepreneurial dimensions of a life well-lived.

The Open Society and Its Complexities

The Open Society and Its Complexities PDF

Author: Gerald Gaus

Publisher: Oxford University Press

Published: 2021-08-06

Total Pages: 305

ISBN-13: 0190648996

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A mere two decades ago it was widely assumed that liberal democracy and the Open Society it created had decisively won their century-long struggle against authoritarianism. Although subsequent events have shocked many, F.A. Hayek would not have been surprised that we are in many ways disoriented by the society we have created. As he understood it, the Open Society was a precarious achievement in many ways at odds with our deepest moral sentiments. His path-breaking analyses argued that the Open Society runs against our evolved attraction to "tribalism" that the Open Society is too complex for moral justification; and that its self-organized complexity defies attempts at democratic governance. In his final, wide-ranging book, Gerald Gaus critically reexamines Hayek's analyses. Drawing on diverse work in social and moral science, Gaus argues that Hayek's program was manifestly prescient and strikingly sophisticated, always identifying real and pressing problems. Yet, Gaus maintains, Hayek underestimated the resources of human morality and the Open Society to cope with the challenges he perceived. Gaus marshals formal models and empirical evidence to show that our Open Society is grounded on moral foundations of human cooperation originating in our distant evolutionary past, but has built upon them a complex and diverse society that requires us to rethink both the nature of moral justification and the meaning of democratic self-governance. In these fearful, angry and inwardly-looking times, when political philosophy has itself become a hostile exchange between ideological camps, The Open Society and Its Complexities shows how moral and ideological diversity, so far from being the enemy of a free and open society, can be its foundation.

Society, Economics, and Philosophy

Society, Economics, and Philosophy PDF

Author: Michael Polanyi

Publisher: Transaction Publishers

Published: 2011-12-31

Total Pages: 403

ISBN-13: 1412834627

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Society, Economics and Philosophy represents the full range of Polanyi's interests outside of his scientific work: economics, politics, society, philosophy of science, religion and positivist obstacles to it, and art. Polanyi's principal ideas are contained in three essays: on the scientific revolution, the creative imagination and the mind-body relation. Precisely because of Polanyi's work in the physical sciences, his writings have a unique dimension not found in other advocates of the market and too infrequently found even in philosophers of science. Polanyi was a powerful critic of totalitarianism and of the deficiencies of the usual defenses of freedom which helped to prepare the way for it. Freedom, he argued, can be based only upon truth and dedication to transcendent ideals, not upon skepticism, utilitarianism and the liberty of doing merely as one pleases. At a time when easy slogans about socialism were dominant in intellectual circles, epitomized by Sidney and Beatrice Webb, and when calls for the central planning of scientific research were made by such as J.D. Bernal, Polanyi exposed their errors and showed that science can flourish only in a free society. More radically than even von Mises and Hayek, Polanyi showed that an industrial economy can operate only "polycentrically", that central planning is logically impossible, and that what was called by that name in the Soviet Union was in reality no such thing. Likewise, scientific research can proceed, not by a central plan, but only by the spontaneous self-adjustment of separate initiatives to discover a common reality. Against the positivism dominant within philosophy of science, he argued that the notion of reality must be restored and made central. Yet physical sciences, he also argued, are only one branch of science, and the sciences of life and mind are logically richer and more complex and cannot be reduced to the former, nor mind to body or to computers, nor art to its physical bases. This volume makes accessible the most important of those of Polanyi's published articles which were not incorporated into any of his books. It also includes a full bibliography and brief summaries of the articles which were not included, both prepared by the editor, both prepared by the editor, Dr. R.T. Allen, editor of Appraisal, a journal inspired by Polanyi, who has published books and articles on Polanyi, both at home in Britain and abroad.

Economic Philosophy

Economic Philosophy PDF

Author: Joan Robinson

Publisher: Routledge

Published: 2021-03-28

Total Pages: 116

ISBN-13: 1000358089

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Joan Robinson (1903-1983) was one of the greatest economists of the twentieth century and a fearless critic of free-market capitalism. A major figure in the controversial ‘Cambridge School’ of economics in the post-war period, she made fundamental contributions to the economics of international trade and development. In Economic Philosophy Robinson looks behind the curtain of economics to reveal a constant battle between economics as a science and economics as ideology, which she argued was integral to economics. In her customary vivid and pellucid style, she criticizes early economists Adam Smith and David Ricardo, and neo-classical economists Alfred Marshall, Stanley Jevons and Leon Walras, over the question of value. She shows that what they respectively considered to be the generators of value - labour-time, marginal utility or preferences - are not scientific but ‘metaphysical’, and that it is frequently in ideology, not science, that we find the reason for the rejection of economic theories. She also weighs up the implications of the Keynesian revolution in economics, particularly whether Keynes’s theories are applicable to developing economies. Robinson concludes with a prophetic lesson that resonates in today’s turbulent and unequal economy: that the task of the economist is to combat the idea that the only values that count are those that can be measured in terms of money. This Routledge Classics edition includes a new foreword by Sheila Dow.

Philosophy, Politics, and Economics

Philosophy, Politics, and Economics PDF

Author: Gerald Gaus

Publisher: Princeton University Press

Published: 2021-11-16

Total Pages: 338

ISBN-13: 069121980X

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An updated and expanded edition of the classic introduction to PPE—philosophy, politics, and economics—coauthored by one of the field’s pioneers Philosophy, Politics, and Economics offers a complete introduction to the fundamental tools and concepts of analysis that PPE students need to study social and political issues. This fully updated and expanded edition examines the core methodologies of rational choice, strategic analysis, norms, and collective choice that serve as the bedrocks of political philosophy and the social sciences. The textbook is ideal for advanced undergraduates, graduate students, and nonspecialists looking to familiarize themselves with PPE’s approaches. Starting with individual choice, the book develops an account of rationality to introduce readers to decision theory, utility theory, and concepts of welfare economics and consumer choice theory. It moves to strategic choice in game theory to explore such issues as bargaining theory, repeated games, and evolutionary game theory. The text also considers how social norms can be understood, observed, and measured. Concluding chapters address collective choice, social choice theory and democracy, and public choice theory’s connections to voters, representatives, and institutions. Rigorous and comprehensive, Philosophy, Politics, and Economics continues to be an essential text for this popular and burgeoning field. The only book that covers the entirety of PPE methods A rigorous, nontechnical introduction to decision theory, game theory, and positive political theory A philosophical introduction to rational choice theory in the social sciences

Mind, Society, and Human Action

Mind, Society, and Human Action PDF

Author: Richard Wagner

Publisher: Routledge

Published: 2010-02-25

Total Pages: 485

ISBN-13: 1135167311

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Economics originated as a branch of the humane studies that was concerned with trying to understand how some societies flourish while others stagnate, and also how once-flourishing societies could come to stagnate. Over the major part of the 20th century, however, economists mostly turned away from these humane and societal concerns by importing mechanistic ideas from 19th century physics. This book seeks to show how that original humane and social focus can be renewed. The many particular topics the book examines can be traced to two central ideas. Firstly, that economic theory, like physics, requires two distinct theoretical frameworks. One treats qualities that are invariant across time and place; this is the domain of equilibrium theory. The other treats the internal generation of change in societies through entrepreneurial action that continually transforms the ecology of enterprises that constitutes a society. Secondly, economic theory is treated as a genuine social science and not a science of rationality writ large. The book also explores ways in which life in society is understood differently once economics is treated as a social science. The book is much of the hyper-formality that comprises economic theory these days fails to make reasonable contact with reality. It will be of interest to sociologists, political scientists, and researchers in law, public policy, Austrian economics, evolutionary economics, institutional economics and political economy.