The Power of the Provisioning Concept
AbstractThis paper supports the conception of economics as the social science that studies provisioning processes. Conceptions of economics help us understand the history of economic thought and have methodological, theoretical, policy and strategic significance. When economists are careful to define their discipline without committing ourselves a priori to particular assumptions, methods and theories, but as merely focusing on a class of phenomena, then the result is a more thoughtful and richer economics. The 'natural' choice for this class of phenomena is provisioning systems, because we want to understand as fully as possible the systems that nurture usÂ– meaning that we ought to be interested in monetary and non-monetary mechanisms, self-interest as well as altruism, perfect rationality as well as quasi-rationality, exchange as well as gift relationships, etc., all as part of one discipline.
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Bibliographic InfoPaper provided by University of Adelaide, School of Economics in its series School of Economics Working Papers with number 2005-09.
Length: 21 pages
Date of creation: 2005
Date of revision:
provisioning; definition of economics; economic methodology; history of economic thought; scarcity; comparative paradigms in economics;
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