État, marché et institutions
AbstractMainstream economics is built on a strong separation between positive economics and normative economics which in fact proceeds from Hume?s dichotomy between « is » and « ought ». The former would describe some aspect of economy (around the question of allocations of scarce resources) with positive and objective statements ; whereas the latter could only prescribe some policies for using the scarcity with normative and subjective statements. Normative and subjective are particularly used to mean that these statements rest upon value judgments which can not be universalized and, hence, which are neither true nor false. In its purest form, the model of market economy with perfect competition is not compatible with any form of government. Economic actors are always maximizers of their own utility ? that is the most striking feature of their personality, if not the only one ! And the market, the second pillar of the system, translates the demand and supply of goods and services by prices. My paper criticizes these two pillars. The idea is to substitute the notions of economic rationality and market by a locus in which pragmatic action and institutions can give some more substance to a far too much mechanical human being. By this shift, we try to think the concept of methodological individualism in terms of a legal, social and intersubjective category.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by De Boeck Université in its journal Revue internationale de droit économique.
Volume (Year): t. XXI, 3 (2007)
Issue (Month): 3 ()
Contact details of provider:
Web page: http://www.cairn.info/revue-internationale-de-droit-economique.htm
eoclassical economic thought; rationality; market; context; temporality;
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.