Economics – Unfit for Purpose: The Director’s Cut

Click here to view record
Main author: Fine, Ben
Format: Monographs and Working Papers           
Online access: Click here to view record


id eprints-16706
recordtype eprints
institution SOAS, University of London
collection SOAS Research Online
language English
language_search English
description This paper is a lengthier and revised version of the Closing Plenary given to the World Congress of the Association of Social Economics, and Cairncross Lecture, University of Glasgow, June, 2012. Mainstream economics is seen as unfit for purpose because of deficiencies that have long been criticised by a marginalised heterodoxy. These include the taking out of the historical and social even if bringing them back in on the basis of a technical apparatus and architecture that is sorely inappropriate. These observations are illustrated in passing reference to social capital but are particularly appropriate for understanding the weakness of ethics within mainstream economics. An alternative is offered through taking various “entanglements” (such as facts and values) as critical point of departure, leading to the suggestion that ethical systems are subject to the 10 Cs – Constructed, Construed, Conforming, Commodified, Contextual, Contradictory, Closed, Contested, Collective and Chaotic.
format Monographs and Working Papers
author Fine, Ben
author_facet Fine, Ben
authorStr Fine, Ben
author_letter Fine, Ben
title Economics – Unfit for Purpose: The Director’s Cut
publisher SOAS Department of Economics Working Paper Series, 176
publishDate 2013
url https://eprints.soas.ac.uk/16706/

Similar items