Economics and Hermeneutics

By: Don Lavoie (Editor)

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Hardcover | 2 May 1991 | Edition Number 1

At a Glance

Hardcover
336 Pages

Dimensions(cm)
22.86 x 15.24 x 2.24

Hardcover

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Hermeneutics has become a major topic of debate throughout the scholarly community. What has been called the interpretive turn' has not only led to interesting new approaches in both the human and social sciences, it has helped to transform divided disciplines by bringing them closer together. Yet the largest and most important social science, economics, has so far been almost completely left out of the transformation. Economics and Hermeneutics takes a significant step toward rectifying the situation, introducing scholars on both sides of the divide to ways that hermeneutics might help economists address some of their most important problems. Among the topics addressed are entrepreneurship, price theory, rational expectations, monetary theory, welfare economics, and economic policy. The approaches to economics represented include the Austrian school, McCloskey's "rhetoric" approach, Marxian critical theory and institutionalism.

Industry Reviews

." . . the contributors to this volume have scored a resounding victory in their critique of neo-classical economic theory. . . . I found most of the essays contained in this volume to be of a uniformly high quality." -"The Canadian Journal of Law and Society ." . . offers a useful introduction to various strands of hermeneutics, placing these in an economic context. It attempts to indicate the significance of hermeneutics for economics." -"Review of Political Economy

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