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The Traits Ofmetaphysicalvalue Judgments In Thorstein B. Veblen’S Economic Thought

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  • Ertugrul Kizilkaya

    () (‹stanbul University)

Abstract

Thorstein Veblen rejected the mainstream economics’ homo economicus typology. Instead of this, he spokes of the existence of an individual acting in the context of the habits of thought. This human typology has some harmful behaviors to the society. In this context, it could be said that metaphysical beliefs takes part in Veblen’s thought. But, when there is a lack of resolution in the settlement of the problems that are experienced in real world, metaphysical ideas will be useful. However, rationalism should be the main element in using metaphysical ideas.

Suggested Citation

  • Ertugrul Kizilkaya, 2003. "The Traits Ofmetaphysicalvalue Judgments In Thorstein B. Veblen’S Economic Thought," Anadolu University Journal of Social Sciences, Anadolu University, vol. 3(2), pages 89-100, December.
  • Handle: RePEc:and:journl:v:3:y:2003:i:2:p:89-100
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    File URL: http://www.anadolu.edu.tr/arastirma/hakemli_dergiler/sosyal_bilimler/pdf/2003-2/sos_bil.5.pdf
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    Keywords

    Thorstein Veblen; Metaphysics; Mainstream Economics; Homo economicus.;

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology

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