Skip to main content Accessibility help
×
Hostname: page-component-848d4c4894-ttngx Total loading time: 0 Render date: 2024-04-30T15:23:34.615Z Has data issue: false hasContentIssue false

Preface

Published online by Cambridge University Press:  24 March 2010

Gordon C. Winston
Affiliation:
Williams College, Massachusetts
Richard F. Teichgraeber III
Affiliation:
Tulane University, Louisiana
Get access

Summary

“When English-speaking philosophers think of economics, they usually have a particular kind of pure theory in mind. This is the class of theories predominantly taught in western universities and often called neo-Classical. Purity here is a matter of conceiving homo economicus in abstraction from his social setting and, more excusably, of forswearing the attempt to make economics part (or all) of a general theory of society. By contrast, political economy, as the term is now used, is just such an attempt and its champions insist that no economic theory can be as pure as neo-Classicals pretend.” This view of the links between philosophy and economic theory, espoused by Frank Hahn and Martin Hollis, is one that the contributors to this volume embrace, even if none of them is a practitioner of “political economy” precisely as it is defined here. This book had its origins in an effort to place neoclassical economic theory (especially conventional textbook microeconomic theory) in the broader context of modern economics with special concern for the boundaries between economics and the other social sciences. The widespread use of textbook theory in business, economic, and political analysis is a clear testament to its power. Yet the restrictions and artificialities of neoclassical economic assumptions also give cause for worry to some of the finest minds in the discipline. These chapters examine two related themes that complicate the conventional “economist's” view of conduct and thereby provide a more complex (and humane) subject of study than the traditional Homo economicus.

Type
Chapter
Information
Publisher: Cambridge University Press
Print publication year: 1988

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

  • Preface
  • Edited by Gordon C. Winston, Williams College, Massachusetts, Richard F. Teichgraeber III, Tulane University, Louisiana
  • Book: The Boundaries of Economics
  • Online publication: 24 March 2010
  • Chapter DOI: https://doi.org/10.1017/CBO9780511664526.001
Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

  • Preface
  • Edited by Gordon C. Winston, Williams College, Massachusetts, Richard F. Teichgraeber III, Tulane University, Louisiana
  • Book: The Boundaries of Economics
  • Online publication: 24 March 2010
  • Chapter DOI: https://doi.org/10.1017/CBO9780511664526.001
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Preface
  • Edited by Gordon C. Winston, Williams College, Massachusetts, Richard F. Teichgraeber III, Tulane University, Louisiana
  • Book: The Boundaries of Economics
  • Online publication: 24 March 2010
  • Chapter DOI: https://doi.org/10.1017/CBO9780511664526.001
Available formats
×