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Conjectural revisionary economic ontology: Outline of an ambitious research agenda for evolutionary economics

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Author Info
Jack Vromen
Abstract

Although it is laudable that evolutionary economists have a greater concern for ontological issues than many of their brethren, considerations concerning ontology cannot play a decisive role in adjudicating theoretical disputes. Attempts to formulate an appropriate ontology for evolutionary economics, different from the one prevailing in standard economic theory, are better viewed as exercises in conjectural revisionary ontology. Ideally they offer useful heuristics for fruitful further theorizing. Furthermore, issues raised in connection with ontology that previously were treated as if they are one and the same are here categorized into three clusters. The categorization is used to dispel worries that have haunted evolutionary economics right from its inception. It is shown in particular that the belief that there are significant Darwinian evolutionary processes going on in present-day capitalist economies does not imply the denial of genuine agency or the endorsement of dubious doctrines such as biological reductionism.

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Publisher Info
Article provided by Taylor and Francis Journals in its journal Journal of Economic Methodology.

Volume (Year): 11 (2004)
Issue (Month): 2 (June)
Pages: 213-247
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Handle: RePEc:taf:jecmet:v:11:y:2004:i:2:p:213-247

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Related research
Keywords: Evolutionary Economics; Ontology; Darwinism; Biological Reductionism; Agency;

Cited by:
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  1. Jack Vromen, 2007. "Generalized Darwinism in Evolutionary Economics: The Devil is in the Details," Papers on Economics and Evolution 2007-11, Max Planck Institute of Economics, Evolutionary Economics Group. [Downloadable!]
  2. Jack Vromen, 2007. "Neuroeconomics as a Natural Extension of Bioeconomics: The Shifting Scope of Standard Economic Theory," Journal of Bioeconomics, Springer, vol. 9(2), pages 145-167, August. [Downloadable!] (restricted)
  3. Jack Vromen, 2008. "Ontological issues in evolutionary economics: The debate between Generalized Darwinism and the Continuity Hypothesis," Papers on Economics and Evolution 2008-05, Max Planck Institute of Economics, Evolutionary Economics Group. [Downloadable!]
  4. C. Cordes, 2007. "The Role of Biology and Culture in Veblenian Consumption Dynamics," Papers on Economics and Evolution 2007-13, Max Planck Institute of Economics, Evolutionary Economics Group. [Downloadable!]
    Other versions:
  5. Christian Cordes, 2004. "Darwinism in Economics: From Analogy to Continuity," Papers on Economics and Evolution 2004-15, Max Planck Institute of Economics, Evolutionary Economics Group.
    Other versions:
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