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  1. The fundamentally uncertain economic agent: Brian J. Loasby’s growth of knowledge approach to the psychology of human action.Félix-Fernando Muñoz - 2024 - Mind and Society 23 (1):163-192.
    Economists’ conceptions about the “nature of the economic agent” are central to understanding their economic thinking, the phenomena that deserve their attention, the way they build models and theories—as well as the scope and relevance of those theories. Moreover, according to the “psychological” traits of the agent, the subsequent economic theory can accommodate (or not) certain economic phenomena. These claims certainly apply to Brian J. Loasby’s economics. The objective of this article is to survey and analyse Loasby’s reconstruction of economics (...)
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  • Where did economics go wrong? Modern economics as a flight from reality.Peter J. Boettke - 1997 - Critical Review: A Journal of Politics and Society 11 (1):11-64.
    F. A. Hayek's realistic economic theory has been replaced by the formalistic use of equlibrium models that bear little resemblance to reality. These models are as serviceable to the right as to the left: they allow the economist either to condemn capitalism for failing to measure up to the model of perfect competition, or to praise capitalism as a utopia of perfect knowledge and rational expectations. Hayek, by contrast, used equilibrium to show that while capitalism is not perfect, it contains (...)
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  • On the Ontological Status of Mechanisms and Processes in the Social World.Henrique Estides Delgado - 2022 - Foundations of Science 27 (3):987-1000.
    This paper gives a philosophical outline of the importance of plausible ontologies in the social sciences and argues how mechanisms and processes should be placed as the foundation in the social world. The argumentation is mainly based on a critical appraisal of the use of mechanisms and processes in the works of Norbert Elias, Charles Tilly, and Jon Elster. I start by elaborating on how inquiries of scientific interest evolve to shed light on cases, facts and the things that constitute (...)
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