Words, Objects and Events in Economics : : The Making of Economic Theory.

• Superior document: Virtues and Economics Series ; v.6
• Author: Róna, Peter.
• TeilnehmendeR: Zsolnai, László.; Wincewicz-Price, Agnieszka.
• Place / Publishing House: Cham : : Springer International Publishing AG,, 2020.; {copy}2021.
• Year of Publication: 2020
• Edition: 1st ed.
• Language: English
• Series: Virtues and Economics Series
• Physical Description: 1 online resource (236 pages)

Table of Contents

Words, Objects and Events in Economics -- Acknowledgement -- Introduction -- Contents -- Contributors -- Chapter 1: Made with Words -- 1.1 Introduction -- 1.2 The Objects of Nature and the Objects of Thought -- 1.3 What Is Intentionality? -- 1.4 Is This Just a Question of Complexity? -- 1.5 Do Economic Objects Exist? -- References -- Chapter 2: An Essay on Humble Economics -- 2.1 Introductory Remarks -- 2.2 Disentangling the Idea of a Humble Science -- 2.3 Classical Economics as a Humble Science -- 2.4 Metaphysics of Economic Systems -- 2.5 D. Colander's Plea for Creating Humble Economists -- 2.6 Conclusions -- References -- Chapter 3: What Is Economics for? -- 3.1 The Philosophy of Social Science and Pragmatism -- References -- Chapter 4: Should Economics Make a Pragmatic Turn? John Dewey, Karl Polanyi, and Critique of Economic Naturalism -- 4.1 Introduction -- 4.2 Our Problematic Situation: Mainstream Economics and the Legacy of Naturalism -- 4.3 Overcoming the Limits of Rational Choice: Pragmatism and Institutionalism -- 4.4 Embedded Markets and the Importance of Institutions -- 4.5 Concluding Remarks -- References -- Chapter 5: Moral Economics - A Theoretical Basis for Building the Next Economic System -- 5.1 Introduction -- 5.1.1 Outline and Method -- 5.1.2 Baseline Assumptions -- 5.1.3 The Approach -- 5.2 Conceptual History and Ideological Context -- 5.2.1 A Brief History of the Moral Economic Concept -- 5.2.2 Ideological Context and Positioning -- 5.3 Adam Smith Revisited -- 5.3.1 The Moral Structure of Society -- 5.3.2 The Durability of a Bottom-Up Economic System -- 5.3.3 Wrong at Its Roots - What the Broader System Is Actually Built Upon -- 5.4 Mechanisms and Structures -- 5.4.1 Homo moralis and Rational Selflessness -- 5.4.2 The Sharing Multiplier -- 5.4.3 The Basic Equation -- 5.4.4 The Moral Economic Measurement of Inequalities.

5.5 Tools and Solutions -- 5.5.1 Robotization and Universal Basic Income -- 5.5.2 Blockchain in the Moral Economy -- 5.5.3 Artificial Intelligence and the Internet of Minds -- 5.6 Outlook (Into Space) -- 5.7 Conclusion -- References -- Online Sources -- Databases -- Other Sources -- Chapter 6: How (Not) to Connect Ethics and Economics: Epistemological and Metaethical Problems for the Perfectly Competitive Market -- 6.1 Introduction -- 6.2 Heath's Market Failures Approach -- 6.3 A Metaethical Objection to Deriving Moral Obligations from the Model of the Perfectly Competitive Market -- 6.4 Conclusion -- References -- Chapter 7: Research Ethics in Economics: What If Economists and Their Subjects Are Not Rational? -- 7.1 Introduction -- 7.2 Primum Non Nocere -- 7.3 Post-factual Economics -- 7.4 The "New" Dichotomy -- 7.5 Looking Forward -- References -- Chapter 8: Economic Choice Revisited: Lessons from Pre-modern Thinkers -- 8.1 Introduction -- 8.2 Neoclassical Account of Economic Agency -- 8.2.1 Economic Agent - 'Not Human But Important' -- 8.2.2 The Peculiar Concept of Preferences -- 8.3 Pre-modern Economic Thought: Self-Development and Practical Reason -- 8.3.1 Practical Wisdom in Aristotle -- 8.3.2 Aquinas and the Scholastics: The economic Realm as Space for Personal Development -- 8.3.3 Moral Maturation in Adam Smith -- 8.4 Towards a Better Explanation of Choice -- 8.5 Conclusion -- References -- Chapter 9: Between Individual and Collective Rationality -- 9.1 Introduction -- 9.2 The Problem of Irreducibility of Collective Rationality to Individual Rationality -- 9.3 The Bounded Rationality Versus the Variety of Human Nature -- 9.3.1 Individuals Are Not Rational in the Neoclassical Sense -- 9.3.2 The Behaviour That Seems Irrational Can Lead to Rational Results -- 9.4 Information, Complexity and the Principle of Emergence.

9.5 Complexity and Institutions: Institutions as the Embodiment of Collective Rationality -- 9.6 Institutions and Human Emotions -- 9.7 The Institution of Innovative Entrepreneurship -- 9.8 The Prisoner's Dilemma, the "Shadow of the Future" and Institutionalization of Emotions -- 9.9 Concluding Remarks -- References -- Chapter 10: Naturalisation of Normative Economics -- 10.1 Introduction -- 10.2 The Normative Problem in Naturalised Jurisprudence -- 10.3 Evolutionary Philosophy of Law -- 10.4 Neglected Cultural Evolution and the Emergence of the Normative Order -- 10.5 The Pursuit of Wellbeing May Be Maladaptive -- 10.6 Concluding Remarks: Threefold Undecidability of the Normative Problem -- References -- Chapter 11: Beyond Mere Utility-Maximisation. Towards an Axiologically Enriched Account of Well-being -- 11.1 Introduction -- 11.2 Against the Non-normative Account of Well-being -- 11.3 The Normative Account of Well-being -- 11.3.1 The Exclusive Approach: Well-being as Unconstrained Pursuit of Prudential Values -- 11.3.2 The Inclusive Approach: Well-being as Constrained Pursuit of Prudential Values -- 11.4 Concluding Thoughts -- References -- Chapter 12: Identity Theories in Economics: A Phenomenological Approach -- 12.1 Introduction -- 12.2 A Notion of Economics and Requirements for a Corresponding Concept of Identity -- 12.3 Identity Theories in Economics -- 12.3.1 Akerlof and Kranton -- 12.3.2 Amartya Sen -- 12.3.3 Kirman and Teschl -- 12.3.4 John Davis -- 12.4 An Alternative Proposal for the Definition of Personal Identity -- 12.5 Conclusion -- References -- Chapter 13: Temporal Structures of Justification in the Economic Analysis of Law: Legal Philosophy and Free Will -- 13.1 Economic Analysis of Law -- 13.2 Theoretical Time-Privileging -- 13.3 Temporal Structures of Moral Decision Making -- 13.4 Time and Free Will.

13.5 Free Will and Legal Rights -- 13.6 Holism of Time-Value -- 13.7 So What? -- References -- Index.