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The meaning of open systems

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Author Info

  • Victoria Chick
  • Sheila Dow

Abstract

There has been considerable discussion lately of the concept of open systems, which has revealed that different participants are using the terms 'openness' and 'closure' in different ways. The purpose of this paper is to address issues of meaning that arise in this particular discourse, with a view to clarifying both conflicts in usage and the underlying issues involved. We explore the different meanings of openness and closure extant in the literature, as applied at the ontological and epistemological levels, focusing on our own use of the terms in relation to that which prevails in neoclassical economics on the one hand and to the use made of them by Tony Lawson and other critical realists on the other.

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File URL: http://www.tandfonline.com/doi/abs/10.1080/13501780500223585
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Journal of Economic Methodology.

Volume (Year): 12 (2005)
Issue (Month): 3 ()
Pages: 363-381

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Handle: RePEc:taf:jecmet:v:12:y:2005:i:3:p:363-381

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Related research

Keywords: open systems; closed systems; ontology; epistemology; theory construction; abstraction;

References

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  1. Brian Loasby, 2003. "Closed models and open systems," Journal of Economic Methodology, Taylor & Francis Journals, vol. 10(3), pages 285-306.
  2. Tony Lawson, 2004. "Reorienting Economics: On heterodox economics, themata and the use of mathematics in economics," Journal of Economic Methodology, Taylor & Francis Journals, vol. 11(3), pages 329-340.
  3. Victoria Chick, 1983. "Macroeconomics after Keynes: A Reconsideration of the General Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262530457, December.
  4. Kregel, J A, 1976. "Economic Methodology in the Face of Uncertainty: The Modelling Methods of Keynes and the Post-Keynesians," Economic Journal, Royal Economic Society, vol. 86(342), pages 209-25, June.
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Citations

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Cited by:
  1. Sheila C Dow, 2013. "Framing Finance: A Methodological Account," Working Papers PKWP1308, Post Keynesian Economics Study Group (PKSG).
  2. Piero Ferri & Anna Maria Variato, 2007. "Macro Dynamics in a Model with Uncertainty," Working Papers 0704, University of Bergamo, Department of Economics.
  3. Robert Sproule & C?lin Vâlsan, 2009. "The student evaluation of teaching: its failure as a research program, and as an administrative guide," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 11(25), pages 125-150, February.
  4. Robert Garnett & Andrew Mearman, 2011. "Contending Perspectives, Twenty Years On: What Have Our Students Learned?," Working Papers 201104, Texas Christian University, Department of Economics.
  5. Sheila Dow, 2009. "History of Thought and Methodology in Pluralist Economics Education," International Review of Economic Education, Economics Network, University of Bristol, vol. 8(2), pages 41-57.

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