Friday, July 09, 2010

The values of economics

First and foremost I have asserted that modernist economic methodology is constructed on the basis of dualisms: utility is defined as economic, morality is not; reason is regarded as part of economics, emotion not; choice is seen as economic whereas the attributed opposite, coercion, is not; finally, independent behaviour is included in economic theory, while interdependent relationships between actors are not.

-van Staveren, The values of economics, 2001:202

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