scholarly journals Seeing and Not-seeing Like a Political Economist: The Historicity of Contemporary Political Economy and its Blind Spots

2020 ◽  
pp. 1-12
Author(s):  
Jacqueline Best ◽  
Colin Hay ◽  
Genevieve LeBaron ◽  
Daniel Mügge
2018 ◽  
Vol 68 (s1) ◽  
pp. 9-25 ◽  
Author(s):  
Stephan Haggard

Although writing as an economist, János Kornai addressed fundamental questions of political economy throughout his career. These considerations began with his model of state socialist economies, but were explicit in his work on transitions and the political economy of reform as well. This paper provides an overview of those contributions, with a particular attention to the relationship between regime type – democracy and authoritarian rule – and economic structures, processes, and outcomes.


2007 ◽  
Vol 29 (4) ◽  
pp. 403-416
Author(s):  
Vincent Barnett

E. E. Slutsky's enduring but enigmatic fame as an economist far outweighs the limited understanding of most interested scholars as to his very productive life and unusually wide range of research interests. To begin to compensate for this deficit a previousJHET article entitled “E.E. Slutsky: Mathematical Statistician, Economist, and Political Economist?” provided some biographical information on Slutsky's life, together with an account of a few of his little-known contributions to political economy (see Barnett, 2004b). In this current article the inception and immediate influence of Slutsky's two most famous papers in economics written in 1915 and 1927 are considered directly, in addition to further discussion of relevant aspects of Slutsky's life and times. The full significance of the content of the two groundbreaking papers will not be discussed in detail, as this has been adequately covered elsewhere (see for example Barnett 2006, Weber 1999, and Klein 1999). Rather, an attempt will be made to provide a historical and intellectual context for Slutsky's two most important contributions in economics, given that the circumstances surrounding their composition are not sufficiently well known among economists in the West.


Author(s):  
Kathleen Blake

Victorian studies has long attended to money matters in literature, while on the subject of money it has long wrung its hands. We see now a ‘new economic criticism’ that is more tolerant or even capitalist-friendly. Appreciation of Adam Smith, founding expositor of political economy, is growing. More reluctance and distaste remain as concerns Thomas Malthus. Bias and neglect continue concerning Jeremy Bentham, their utilitarian ally. J. S. Mill as political economist is becoming better known, as is David Ricardo, with more needed on their utilitarian ties. Expanded attention to economic theory in relation to concrete practice will expand understanding of the ‘political’ in political economy, part and parcel of liberalism while also, paradoxically, of ‘liberal imperialism’. Reviewing political-economic principles that set themes of new economic criticism, this essay connects theory to historical specifics and assesses what has and can be done to place Victorian literature in this grand-scale context.


Despite the rediscovery of the inequality topic by economists and other social scientists in recent times, relatively little is known about how economic inequality is mediated to the wider public. That is precisely where this book steps in: it examines how mainstream news media discuss, respond to, and engage with such important trends. The book addresses significant ‘blind spots’ in the two disciplinary areas most related to this book—political economy and media/journalism studies. Firstly, key issues related to economic inequalities tend to be neglected in media and journalism studies field. Secondly, mainstream economics have paid relatively little attention to the evolving scope and role of mediated communication.


1992 ◽  
Vol 35 (1) ◽  
pp. 91-113 ◽  
Author(s):  
Donald Winch

AbstractBy contrast with those for whom the Wealth of nations marks the origin of economics as an autonomous science, this article argues that Smith's significance lies in his attempt to repossess political economy by restoring its links with the sciences of morals and natural jurisprudence — those concerns which are characteristic of his writings as a moral philosopher. The case proceeds by re-examining two topics derived from these sciences. The first begins with Smith's ungenerous treatment of his mercantile predecessors as a clue to what he believed was distinctive about his own system. Smith was antagonistic to precisely those rationalist, utilitarian and reductive models of behaviour based on self-interest that he is held to have in common with mercantile writers; he was answering rather than joining those who felt it necessary to isolate and legitimate rational economic self-seeking. The second topic turns on Smith's natural jurisprudence: his application of the criteria of natural justice when criticizing mercantile policies and institutions, where the emphasis falls on the negative injunctions of commutative justice rather than the positive ones of distributive justice. The separation of the ethics of the Theory of moral sentiments from the Wealth of nations, therefore, tells us more about Smith's successors than Smith himself.


2020 ◽  
Vol 140 (2) ◽  
pp. 143-176
Author(s):  
Hauke Janssen

Max Weber’s path to economic science was impacted to a large degree by political motives. The question emerges how the depiction, which has been maintained by historians of economics, of Weber as a methodologist – who demands objectivity and value freedom in scientific analysis – is compatible with the view of a young, politically-minded economist who, even from the university lectern, did not shy away from personal value judgments? The manuscripts first published recently in the context of the Max Weber-Gesamtausgabe on his lectures Praktische Nationalökonomie (1895 – 1899) reveal that Weber distinguished sharply between value judgments and scientific analysis – not in order to suppress the former, but in order to be clear about his ultimate goals and its consequences at all times and to elevate these to guide his thinking in practical questions of political economy.


2018 ◽  
pp. 101-120
Author(s):  
Deanna K. Kreisel

This essay considers art critic, environmental reformer, and heterodox political economist John Ruskin as an early sustainability theorist through an examination of his commitment to organicism. That commitment manifests in Ruskin’s struggle to differentiate the living from the non-living, most evident in his writings on crystals, leaves, and iron: “The Work of Iron, In Nature, Art, and Policy” (1858) and The Ethics of Dust (1866). This struggle is discussed in the context of his heterdox political economy as an early demand theorist, and his idiosyncratic writings on economic value as inhering in anything that avails “toward life.” By arguing that Ruskin is an important precursor to contemporary ecocritical discourse, it complicates recent critical readings of Ruskin’s anthropocentrism and instrumental aesthetics.


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