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Rationalism and Anti-rationalism in the Origins of Economics

The Philosophical Roots of 18th Century Economic Thought

Format: Hardback
Publisher: Edward Elgar Publishing Ltd, Cheltenham, United Kingdom
Published: 8th Jun 1995
Dimensions: w 138mm h 216mm
Weight: 374g
ISBN-10: 1852789956
ISBN-13: 9781852789954
Barcode No: 9781852789954
This study of the philosophical roots of economics examines the impact on the 18th century economic thought of the rivalry between two opposing philosophical outlooks - rationalism and anti-rationalism. It argues that the economic thought of this period was a synthesis of these two outlooks. The book deals with an intellectual conflict which remains relevant today. Neoclassical economics is frequently critisized on account of those of its assumptions which are rationalist in character, in particular its assumptions of optimization, rationality and equilibrium. This book digs into the intellectual archaeology of the continuing controversy over neoclassical economics, and offers some new perspectives.

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