Philosophy of economics
Material type:
- 9780415035927
- 330.01 ROY
Item type | Current library | Call number | Status | Date due | Barcode | Item holds |
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Gandhi Smriti Library | 330.01 ROY (Browse shelf(Opens below)) | Available | 51703 |
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Philosophy of Economics may be the first work to have successfully bridged serious economics in the twentieth century with modern Anglo American philosophy, in particular the work of Wittgenstein. The book raises some of the central philosophical questions facing modern economics, especially to do with the scope of objective reasoning in the making of evaluative judgements, the appropriate role of economic expertise, and the status of the concepts and theorems of mathematical economics. It is argued that careful description of the particular case in the light of general principles may be a starting point for analysis, even though there are no ultimate starting points. The work thus permits a sure and safe course to be found between scepticism and dogmatism for any project of economic inquiry.
Wide in its references and its outlook, this clear and well-written book draws economics and philosophy together, and provides a durable bridge between the two disciplines.
'The core of Roy's study is devoted to the nature and grounds of economics as knowledge; it examines the basic intellectual roots of economics. It is cogent and, what is exceedingly rare these days, it is refreshingly lucid.... Roy's book is in several important respects an original contribution, the most important being his treatment of the philosophical foundations of economics as knowledge.'
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