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Beyond Positivism, Behaviorism, and Neoinstitutionalism in Economics Kindle Edition
In Beyond Positivism, Behaviorism, and Neoinstitutionalism in Economics, Deirdre Nansen McCloskey zeroes in on the authoritarian cast of recent economics, arguing for a re-focusing on the liberated human. The behaviorist positivism fashionable in the field since the 1930s treats people from the outside. It yielded in Williamson and North a manipulative neo-institutionalism. McCloskey argues that institutions as causes are mainly temporary and intermediate, not ultimate. They are human-made, depending on words, myth, ethics, ideology, history, identity, professionalism, gossip, movies, what your mother taught you. Humans create conversations as they go, in the economy as in the rest of life.
In engaging and erudite prose, McCloskey exhibits in detail the scientific failures of neo-institutionalism. She proposes a “humanomics,” an economics with the humans left in. Humanomics keeps theory, quantification, experiment, mathematics, econometrics, though insisting on more true rigor than is usual. It adds what can be learned about the economy from history, philosophy, literature, and all the sciences of humans. McCloskey reaffirms the durability of “market-tested innovation” against the imagined imperfections to be corrected by a perfect government. With her trademark zeal and incisive wit, she rebuilds the foundations of economics.
- ISBN-13978-0226818313
- PublisherThe University of Chicago Press
- Publication dateJune 30, 2022
- LanguageEnglish
- File size1.7 MB
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Editorial Reviews
Review
"A compact discussion of some crucial issues economists should be contemplating." ― The Enlightened Economist
“This new book deepens the continuing conversation in Humanomics. It’s essentially about discovering Adam Smith and resuming a path that McCloskey has so magnificently helped to reinvigorate in the last half century.” -- Vernon Smith, Chapman University and 2002 Nobel Laureate in Economics
“The manuscript is a collection of writings for various forums, many reviews of others and many replies to critics. One unifying theme is a critique of neoinstitutional economics. But yet another theme is a defense of the bourgeois trilogy against its critics. This book is well worth a read.” -- Richard Langlois, University of Connecticut
About the Author
Deirdre Nansen McCloskey is distinguished professor emerita of economics and of history, and professor emerita of English and of communication, at the University of Illinois at Chicago.
Product details
- ASIN : B0B3Q61XWW
- Publisher : The University of Chicago Press (June 30, 2022)
- Publication date : June 30, 2022
- Language : English
- File size : 1.7 MB
- Text-to-Speech : Enabled
- Screen Reader : Supported
- Enhanced typesetting : Enabled
- X-Ray : Not Enabled
- Word Wise : Enabled
- Print length : 228 pages
- Best Sellers Rank: #1,116,417 in Kindle Store (See Top 100 in Kindle Store)
- #223 in Macroeconomics (Kindle Store)
- #521 in Economic Theory (Kindle Store)
- #775 in Macroeconomics (Books)
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- Reviewed in the United States on June 18, 2023Written by the Cato institute with all the shallow pompousness of the Friedman clones it churns out year after year. The emphasis on the individual, the human, leaves people atomized and defenseless against exploitation - just where “free market” forces want them. If your six year old isn’t already working for a living it is due to state institutions and not the invisible hand of the market. If you consider human well-being to be a right and not manure for profit opportunities, it will be state institutions that secure that outcome, not benevolent capitalists or market forces.
Worth skimming to understand the current version of neo-liberal polemics. My recommendation: once you skim, return the book - the author can enjoy the fruits of their cynical labors with lack of effective demand.