ECONOMICS CRITIQUE: Framing Procedures and Lawson's Realism in Economics.

In the following review essay I explore the limitations of effective and constructive critique of Tony Lawson's realism in economics as articulated in Ontology and Economics. In the first section I summarize the different framing procedures that shape the different critiques. In the second section I...

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Publicado en:Journal of Critical Realism Vol. 11; no. 1; pp. 94 - 126
Autor principal: Morgan, Jamie
Formato: Essay
Publicado: Taylor & Francis Ltd 2012
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Acceso en línea:Ver este registro en EBSCOhost
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        atl: ECONOMICS CRITIQUE: Framing Procedures and Lawson's Realism in Economics.
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        au: Morgan, Jamie
        affil: Research Fellow, Centre of Excellence for Global Governance Research, University of Helsinki
      su:
        Ontology & Economics: Tony Lawson & His Critics (Book)
        Lawson, Tony
        Fullbrook, Edward
        Philosophy of economics
        Realism
        Ontology
        Judgment (Logic)
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          Ontology & Economics: Tony Lawson & His Critics (Book)
          Lawson, Tony
          Fullbrook, Edward
          Philosophy of economics
          Realism
          Ontology
          Judgment (Logic)
      keyword:
        economics
        Lawson
        ontology
      ab: In the following review essay I explore the limitations of effective and constructive critique of Tony Lawson's realism in economics as articulated in Ontology and Economics. In the first section I summarize the different framing procedures that shape the different critiques. In the second section I illustrate the limitations this creates using Caldwell's contribution and in the third section I explore the way Lawson is conditioned to respond in terms of contestation, clarification and restatement. In the fourth section I add some additional detail based on Samuelson's approach to modelling in order to illustrate what is at issue between Caldwell and Lawson and to emphasize what this suggests in terms of a common pattern across the contributions to the text. In the fifth section and in the conclusion I link the limitations of the various critiques found in Ontology and Economics to a basic issue of the vulnerability of realism to critique in order to make some suggestions regarding constructive critique and development for realism in economics.
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    language: English
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