Can the Capability Approach be Evaluated within the Frame of Mainstream Economics? A Methodological Analysis
AbstractThe aim of this article is to examine the capability approach of Amartya Sen and mainstream economic theory in terms of their epistemological, methodological and philosophical/cultural aspects. The reason for undertaking this analysis is the belief that Sen’s capability approach, contrary to some economists’ claim, is uncongenial to mainstream economic views on epistemology and methodology (not on ontologically). However, while some social scientists regard that Sen, on the whole, is a mainstream economist, his own approach strongly criticizes both the theory and practice of mainstream economics.
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Bibliographic InfoArticle provided by Savez ekonomista Vojvodine, Novi Sad, Serbia in its journal Panoeconomicus.
Volume (Year): 57 (2010)
Issue (Month): 1 (March)
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Web page: http://www.panoeconomicus.rs/
Amartya Sen; Mainstream economics; Methodological individualism.;
Find related papers by JEL classification:
- B4 - Schools of Economic Thought and Methodology - - Economic Methodology
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
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- Des Gasper & Irene van Staveren, 2003. "DEVELOPMENT AS FREEDOM v - v AND AS WHAT ELSE?," Feminist Economics, Taylor & Francis Journals, vol. 9(2-3), pages 137-161.
- Geoffrey M. Hodgson, 2007. "Meanings of methodological individualism," Journal of Economic Methodology, Taylor & Francis Journals, vol. 14(2), pages 211-226.
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