Bringing the Social Back into Economies: Progress or Reductionism?

B. Fine

No 731, Department of Economics - Working Papers Series from The University of Melbourne

Abstract: Section 2 of this paper suggests that economics has long sought to colonise other social sciences. It has, however, only achived limites success because of its alien methods and its need to take the social as given. Section 3 argues that there is now a newer version of economic imperialism drawing upon the new microfoundation principles associated with information imperfections. In view of rational response to market imperfections, these purport to be able to explain the social whether the latter be non-economic or collective forms of behaviour. Section 4 presents illustrations of the way in which imperialism is bringing the social back into its analysis, drawing in broad brush rather than detail upon the new economic sociology, the new institutional economics, the new economic history, the new development economics, and the all-embracing notion of social capital.

Keywords: SOCIETY; SOCIALISM; ECONOMIC THEORY (search for similar items in EconPapers)
JEL-codes: A00 B00 D60 E00 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2000
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.economics.unimelb.edu.au/downloads/wpapers-00-01/731.pdf
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.economics.unimelb.edu.au/downloads/wpapers-00-01/731.pdf [301 Moved Permanently]--> http://fbe.unimelb.edu.au/economics/downloads/wpapers-00-01/731.pdf [301 Moved Permanently]--> https://fbe.unimelb.edu.au/economics/downloads/wpapers-00-01/731.pdf)

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:mlb:wpaper:731

Access Statistics for this paper

More papers in Department of Economics - Working Papers Series from The University of Melbourne Department of Economics, The University of Melbourne, 4th Floor, FBE Building, Level 4, 111 Barry Street. Victoria, 3010, Australia. Contact information at EDIRC.
Bibliographic data for series maintained by Dandapani Lokanathan ().