Imagining Economics Otherwise: Encounters with by Nitasha Kaul

By Nitasha Kaul

It is feasible to be ‘irrational’ with out being ‘uneconomic’? what's the hyperlink among ‘Value’ and ‘values’? What do economists do after they ‘explain’? we are living in occasions while the commercial good judgment has develop into unquestionable and omnipotent in order that our quotidian monetary studies are outlined through their clinical construal. This booklet is the results of a multifaceted research into the character of information produced through economics, and the development of the class that's termed ‘economic’ with its implied exclusions. it really is an try to imagine economics in a different way, that's, a wondering of economics as though distinction mattered.

Nitasha Kaul re-examines convinced understood methods of brooding about economics as a self-discipline, particularly in elation to questions of id and distinction. This ebook explores the concept that economics isn't really a undying, common, goal technology yet a altering reaction to the issues of information and management. The epistemological inheritance of economics is ‘rooted’ within the enlightenment, and it additionally inherits the liberal paradoxes of that age. Kaul argues that the juxtaposition of id with monetary (culture/economy) is key, and will basically be accomplished by means of critiquing institution economists’ discourse on id, and taking feminist poststructural and postcolonial paintings heavily. the writer demanding situations the belief that there's a basic linkage among the class monetary, the entity economic climate and the examine of             economics. She envisions an economics within the plural: contextual, social, political—econo-mixes.

The ebook brings jointly one of the most pressing issues of the day—the energy of economics as a self-discipline, the questions of distinction and the politics of id, and feminist views in this. will probably be fairly proper to heterodox economists, feminist theorists, postcolonial stories students, social and cultural theorists, philosophers and background of rules or highbrow background of notion students.

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Additional info for Imagining Economics Otherwise: Encounters with Identity/Difference (Routledge Frontiers of Political Economy)

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I discuss the many ways in which economics as a body of knowledge bears the imprints of its intellectual heritage in the tussles over science and power. In fact, the rise of economics as a discipline cannot be understood in isolation from the rise of disciplinarity and scientism itself. The structuring of knowledge in economics is an outcome of the inherent tensions in enlightenment epistemology. In modernist social science, theories are seen as a means of providing explanation of a pre-existing reality.

See Reder (1999: 3) – though he footnotes that there is no particular citation that can be offered for this quote. 23 Although there are folk narratives about the dissenting nature of economists (‘in a room with six economists, there are seven opinions’), it should come as no surprise to those on the margins of the discipline that there is actually significant agreement among the mainstream (for instance, see Perelman 1996: 22–29). 24 Indeed, we need to ask the question of the relations between economics as a geo-historically situated discipline and the widespread belief in an ‘economic logic’ which appears to be universal.

Economics is a quantitative subject [he adds that policy makers do not want expert advisors for philosophical discourse] . . So mathematical modeling is essential and is here to stay. . in order to make progress, we have to simplify in suitable ways. Equally interesting is the making of the young economist who writes economic theory along the lines suggested by Thomson. 16 Contrast this with a discussion thread on the history of economic thought (HES) email forum, where an acknowledgement that ‘most economics education is chalk and talk by white, male, middle-aged profs’ (Caldwell 2002), drew a response that went as follows (Anderson, 2002): I think the frustration that some are experiencing with the method or style in which economics is taught has really more to do with the intransigence by which political correctness was greeted by the econ departments.

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