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One of the defining features of modern social science and economics in particular is the hard break it posits between everyday and scientific knowledge. French philosophers have called this characteristic the epistemological break. One of the key consequences of this break is that scientists...
Persistent link: https://www.econbiz.de/10014523642
Market exchanges are widely believed to rely on an overlap of interest, this paper argues that many market exchanges actually rely on a broader agreement between buyer and seller. The broader agreement includes the moral justification of the exchange and the associated norms of propriety. To...
Persistent link: https://www.econbiz.de/10014136482
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In this chapter, we present fragments of previously unpublished correspondence between Ludwig Lachmann and G. L. S. Shackle on the nature of institutions. This correspondence allows us to rationally reconstruct a theory of institutions, which extends Lachmann's theoretical work. Shackle pointed...
Persistent link: https://www.econbiz.de/10012900627
One of the defining features of much of modern social science and economics, in particular, is the hard break it posits between everyday and scientific knowledge. French philosophers have called this feature the epistemological break. One of the key consequences of this feature is that...
Persistent link: https://www.econbiz.de/10013249838
This is an introduction to a forthcoming edited volume on Governing Markets as Knowledge Commons. We develop a theoretical framework for the analysis of the production, reproduction, and transformation of intellectual and legal infrastructures that enable market interactions using the Governing...
Persistent link: https://www.econbiz.de/10012852612
Economics is characterized by an epistemological break: a discontinuity, between everyday and scientific understandings. An extensive empirical literature proves the so-called economic ignorance of the public. This has created a disdain for the public among economists and provided an argument...
Persistent link: https://www.econbiz.de/10012829180
This paper analyzes the Ostrom Workshop as a site of interdisciplinary collective knowledge production. We provide an overview of the history of the Workshop and its most important outputs in terms of ideas, artifacts, and facilities for research. We argue that the unique contribution of the...
Persistent link: https://www.econbiz.de/10012835547