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Nelson, Julie A.. |
This essay discusses the origins, biases, and effects on contemporary discussions of economics and ethics of the unexamined use of the metaphor "an economy is a machine." The neoliberal view that the self-regulated workings of free markets should be kept free of impediments is based on this metaphor. Many of the critiques of capitalist systems are, as well. The belief that economists simply uncover universal "laws of motion" of economies, however, is shown to be based on a variety of rationalist thinking that-while widely held-is inadequate for explaining lived human experience. Feminist scholarship in philosophy of science and economics has brought to light some of the biases that have supported the mechanistic worldview. By structuring thought and... |
Tipo: Working or Discussion Paper |
Palavras-chave: Institutional and Behavioral Economics. |
Ano: 2003 |
URL: http://purl.umn.edu/15585 |
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Nelson, Julie A.. |
Buddhist philosophy teaches a thoroughly relational ontology, holding that what really is are relations and processes enfolding out of a common substrate though time. Often, however, attempts to apply Buddhist thinking to economic issues seem to forget this. Corporations and markets are described in the language of substantive structures and impersonal mechanisms, rather than in relational and process terms. This essay argues that a thorough-going Buddhist analysis, supplemented by contemporary insights from feminist theory, yields a relational understanding of business firms and markets that can help move debates about ethics and business beyond issues of scale. |
Tipo: Working or Discussion Paper |
Palavras-chave: Institutional and Behavioral Economics. |
Ano: 2004 |
URL: http://purl.umn.edu/15578 |
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Nelson, Julie A.. |
Does Rational Choice Theory (RCT) have something important to contribute to the humanities? Jon Elster and others answer affirmatively, arguing that RCT is a powerful tool that will lend clarity and rigor to work in the humanities just as it (presumably) has in economics. This essay examines the disciplinary values according to which the application of RCT in economics has been judged a "success," and suggests that this value system does not deserve general approbation. Richness and realism must be retained as important values alongside precision and elegance, if anti-scientific dogmatism and absurd conclusions are to be avoided. |
Tipo: Working or Discussion Paper |
Palavras-chave: Institutional and Behavioral Economics. |
Ano: 2005 |
URL: http://purl.umn.edu/15596 |
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Nelson, Julie A.. |
Advocates of a more socially responsible discipline of economics often emphasize the purposive and unpredictable nature of human economic behavior, contrasting this to the presumably deterministic behavior of natural forces. This essay argues that such a distinction between "social" and "natural" sciences is in fact counterproductive, especially when issues of ecological sustainability are concerned. What is needed instead is a better notion of science-"science-with-wonder"-which grounds serious science in relational, non-Newtonian thinking. |
Tipo: Working or Discussion Paper |
Palavras-chave: Teaching/Communication/Extension/Profession. |
Ano: 2004 |
URL: http://purl.umn.edu/15589 |
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Nelson, Julie A.. |
Feminist scholars examine not only the gendered impacts of development programs whose design has been influenced by disciplines such as economics, but also the gendered biases that permeate the models and methods of the disciplines themselves. This essay draws on aspects of feminist critiques of economics, philosophy, psychology, law, and finance to analyze the way in which international debt is discussed. Feminist critiques raise serious questions about the rational choice framework that often undergirds scholarly discussions of “agents,” “contract,” “ethics,” and “capital and debt.” |
Tipo: Working or Discussion Paper |
Palavras-chave: Food Security and Poverty; International Development; International Relations/Trade. |
Ano: 2006 |
URL: http://purl.umn.edu/37708 |
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