How did modern man come to believe in the object of the economy? What hopes made us accept scientific authority about this illusive thing? What kinds of persons were attracted by objective knowledge in economic discourse? And how does this knowledge guide our economic life? The Making of the Economy tackles such questions surrounding the modern notion of the economy with a fresh look from phenomenological philosophy. In a historical narrative of economic discourses, Till Duppe shows that only due to the scientific culture of economics we speak of an economy. Economic science made the economy....
How did modern man come to believe in the object of the economy? What hopes made us accept scientific authority about this illusive thing? What kinds ...
Finding Equilibrium explores the post-World War II transformation of economics by constructing a history of the proof of its central dogma--that a competitive market economy may possess a set of equilibrium prices. The model economy for which the theorem could be proved was mapped out in 1954 by Kenneth Arrow and Gerard Debreu collaboratively, and by Lionel McKenzie separately, and would become widely known as the "Arrow-Debreu Model." While Arrow and Debreu would later go on to win separate Nobel prizes in economics, McKenzie would never receive it. Till Duppe and E. Roy Weintraub...
Finding Equilibrium explores the post-World War II transformation of economics by constructing a history of the proof of its central dogma--...