Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Theoretical and Practical Reason in EconomicsConclusion: Theoretical and Practical Reason in Economics

Theoretical and Practical Reason in Economics: Conclusion: Theoretical and Practical Reason in... [The aim of this chapter is to recapitulate the content of the book. The main message intended here is that it is necessary to recuperate the use of theoretical and practical reason in economics. Cartwright’s capacities are put as an example of the former use of reason and Sen’s capabilities of the later. The book proposes to combine these two concepts and Cartwright’s notion of a socio-economic machine. The result is a socio-economic machine in which final causes and objectives are a set of capabilities appropriate of a process of human development. This set is composed of a small core of capabilities stemming from anthropological constants and other capabilities decided under the guidance of practical reason. Institutions consolidate the work of the socio-economic machine.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Theoretical and Practical Reason in EconomicsConclusion: Theoretical and Practical Reason in Economics

Download PDF
5 pages

Loading next page...
 
/lp/springer-journals/theoretical-and-practical-reason-in-economics-conclusion-theoretical-rtzsDeFzJs
Publisher
Springer Netherlands
Copyright
© The Author(s) 2013
ISBN
978-94-007-5563-5
Pages
105 –109
DOI
10.1007/978-94-007-5564-2_6
Publisher site
See Chapter on Publisher Site

Abstract

[The aim of this chapter is to recapitulate the content of the book. The main message intended here is that it is necessary to recuperate the use of theoretical and practical reason in economics. Cartwright’s capacities are put as an example of the former use of reason and Sen’s capabilities of the later. The book proposes to combine these two concepts and Cartwright’s notion of a socio-economic machine. The result is a socio-economic machine in which final causes and objectives are a set of capabilities appropriate of a process of human development. This set is composed of a small core of capabilities stemming from anthropological constants and other capabilities decided under the guidance of practical reason. Institutions consolidate the work of the socio-economic machine.]

Published: Sep 26, 2012

Keywords: Theoretical reason; Practical reason; Capacities; Capabilities; Socio-economic machines

There are no references for this article.