Hermeneutics and economics: The valued, valuable and usable

Herméneutique et économie. Le valorisé, le valorisant, le valorisable

Johann Michel ()
Additional contact information
Johann Michel: CEMS - Centre d'étude des mouvements sociaux - EHESS - École des hautes études en sciences sociales - INSERM - Institut National de la Santé et de la Recherche Médicale - CNRS - Centre National de la Recherche Scientifique

Post-Print from HAL

Abstract: The aim of this paper is to identify the conditions (and limitations) of the extension of the hermeneutic paradigm to economic science. The discussion focuses on the project that looks for an epistemological matrix capable of countering the positivist ambitions of neoclassical economists in the textual sciences. Rather than explaining market mechanisms based on the model of natural sciences to identify principles, we must understand their meaning, based on the model of a text that must be interpreted. The price to pay for this epistemological extension is to sacrifice the explanatory part of economic science and the place of institutions.

Keywords: Market; Hermeneutics; Value; Institution; Marché; herméneutique; valeur; institution (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Published in Revue de Philosophie Economique / Review of Economic Philosophy, 2019, 19, pp.131 - 156. ⟨10.3917/rpec.192.0131⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03792649

DOI: 10.3917/rpec.192.0131

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().