nep-hpe New Economics Papers
on History and Philosophy of Economics
Issue of 2022‒05‒09
seven papers chosen by
Erik Thomson
University of Manitoba

  1. Joan Robinson in 1942, an encounter between Marxian Economics and Macroeconomics By Alves, C.
  2. Escrevendo a história do pensamento econômico-ecológico: desafios e perspectivas By Marco P. Vianna Franco; Antoine Missemer
  3. Understanding the bitterness of Wassily Leontief: Postwar success and failures of input-output techniques By Vincent Carret
  4. Philosophie et sciences de gestion : Lévinas – L’éthique comme ouverture sur l’Autre By Yvon Pesqueux
  5. Categorical versus graded beliefs By Franz Dietrich
  6. The pluralistic foundations of conceptual veiling By Morley, Julia
  7. A pragmatist critique of the economic theory of the commons By Philippe Lorino

  1. By: Alves, C.
    Abstract: This paper revisits why Joan Robinson turned to Karl Marx in 1942 and which insights from Marxian economics she sought to incorporate into her later works, while commenting on the legacies of this encounter and how was received by some her of contemporaries. By the end of the 1930s, Robinson wanted to bring academic and Marxian economics together in a search for a more realist theory of the rate of profit and income distribution, and clarifications on Keynes’s concept of full employment, the nature of technical progress and a long-period theory within the Keynesian framework. The result, An Essay on Marxian Economics (1942), was her most important work in terms of laying the foundations of her enduring challenge to the orthodox economics. Here she relied on Marxian insights to escape Marshallian orthodoxy. It is the story of how the originator of imperfect competition pushed further into a theory of exploitation.
    Keywords: Joan Robinson, Marxian Economics, Rate of Profit, Exploitation
    JEL: B2 B22 B24 B31 B40
    Date: 2022–04–11
  2. By: Marco P. Vianna Franco (Konrad Lorenz Institute for Evolution and Cognition Research - Partenaires INRAE); Antoine Missemer (CNRS - Centre National de la Recherche Scientifique, CIRED - Centre International de Recherche sur l'Environnement et le Développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École des Ponts ParisTech - Université Paris-Saclay - CNRS - Centre National de la Recherche Scientifique)
    Abstract: The history of ecological economic thought (EET) has been addressed in different ways and according to multifarious foundations, given the evolving character of conceptions of natural processes and economic phenomena. This article proposes a theoretical framework for understanding EET as the set of ideas bridging the social and the natural worlds by means of shared ontologies and epistemologies. These ideas stand against the human-nature divide which characterizes modern Western thought, contribute to thinking about contemporary sustainability challenges, and offer a more structured intellectual history of the roots of ecological economics. The article argues that writing the history of EET calls for an appraisal of historiographical challenges, in particular the risks posed by presentism and anachronism. It also reviews the literature engaging with the history of EET and, finally, identifies new lines of research, especially in terms of global narratives.
    Abstract: A história do pensamento econômico-ecológico (PEE) tem sido construída de diversas formas e de acordo com diferentes fundamentos, dado o caráter evolutivo de conceitos relacionados a processos naturais e econômicos. Este artigo propõe um arcabouço teórico para se entender o PEE como um conjunto de ideias interligando as esferas social e natural por meio de ontologias e epistemologias compartilhadas. Essas ideias se opõem a dicotomias entre o humano e o natural que caracterizam o pensamento ocidental moderno, contribuindo para a elucidação de desafios contemporâneos no contexto da sustentabilidade e oferecendo uma história intelectual estruturada das raízes da economia ecológica. O artigo defende que escrever a história do PEE requer o escrutínio dos desafios historiográficos, em particular dos riscos associados ao presentismo e ao anacronismo; além disso, ele traz uma revisão da literatura sobre PEE e, finalmente, identifica novas linhas de pesquisa com destaque para narrativas globais.
    Keywords: intellectual history,strong interdisciplinarity,historiography,ecological economics,longue durée,economia ecológica,história intelectual,interdisciplinaridade forte,historiografia
    Date: 2022
  3. By: Vincent Carret (TRIANGLE - Triangle : action, discours, pensée politique et économique - CNRS - Centre National de la Recherche Scientifique - IEP Lyon - Sciences Po Lyon - Institut d'études politiques de Lyon - Université de Lyon - UJM - Université Jean Monnet [Saint-Étienne] - UL2 - Université Lumière - Lyon 2 - ENS Lyon - École normale supérieure - Lyon)
    Abstract: Although Leontief was and still is one of the most recognized names in economics, inextricably linked to the development of input-output techniques, he remained fiercely critical of other economists' works and of the state of economic science during his whole life. To understand his bitterness, we go back to the root of the split between Leontief and the rest of the economics profession, through an examination of the debates that took place in the late 1940s. From his input-output model, conceived as an operational theory of economic interdependencies, Leontief drew a specific approach to economic policy and planning which had a lot of success with government agencies, explaining how he could durably sustain his split from the profession.
    Date: 2022–03–09
  4. By: Yvon Pesqueux (ESD R3C - Équipe Sécurité & Défense - Renseignement, Criminologie, Crises, Cybermenaces - CNAM - Conservatoire National des Arts et Métiers [CNAM] - HESAM - HESAM Université)
    Abstract: Philosophie et sciences de gestion : Lévinas-L'éthique comme ouverture sur l'Autre Résumé Ce texte est organisé de la manière suivante. Après une introduction consacrée aux précautions à prendre quant à l'usage de la philosophie, ce texte abordera successivement : Introduction ; Considérations générales ; Les principes fondamentaux de la pensée de Lévinas (L'expérience de l'être et de l'ontologie, Les fausses sorties de l'Etre : la persévérance dans l'Etre et la réduction de l'Autre au même, L'expérience de la véritable transcendance, Le passage de l'Autre au tiers-L'éthique et la politique) ; Critiques et intérêts actuels.
    Date: 2022–03–04
  5. By: Franz Dietrich (PSE - Paris School of Economics - ENPC - École des Ponts ParisTech - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris sciences et lettres - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique - EHESS - École des hautes études en sciences sociales - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)
    Abstract: This essay discusses the difficulty to reconcile two paradigms about beliefs: the binary or categorical paradigm of yes/no beliefs and the probabilistic paradigm of degrees of belief. The possibility for someone to hold beliefs of both types simultaneously is challenged by the lottery paradox, and more recently by a general impossibility theorem by Dietrich and List. The nature, relevance, and implications of the tension are explained and assessed.
    Keywords: impossibility theorem,lottery paradox,belief binarization,subjective probability,yes/no belief vs. graded belief,logic vs. rational choice theory,binary belief,credence
    Date: 2022
  6. By: Morley, Julia
    Abstract: The theoretical foundations of Karthik Ramanna's "Unreliable Accounts"are investigated, demonstrating the pluralistic approach which underlies his critique of the accountability and governance of the FASB. In particular, I highlight Ramanna's use of multiple units of analysis and theoretical frameworks in his arguments for the existence of conceptual veiling, but I question the extent to which extent Ramanna's account can be viewed as a generalisable causal explanation. Finally, avenues for future research are noted.
    Keywords: accounting; regulation; theoretical pluralism; De Gruyter deal
    JEL: M41
    Date: 2022–02–25
  7. By: Philippe Lorino (ESSEC Business School - Essec Business School)
    Date: 2022–01–04

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