IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/51674.html
   My bibliography  Save this paper

Assumption without representation: the unacknowledged abstraction from communities and social goods

Author

Listed:
  • Wicks, Rick

Abstract

We have not clearly acknowledged the abstraction from unpriceable “social goods” (derived from communities) which, different from private and public goods, simply disappear if it is attempted to market them. Separability from markets and economics has not been argued, much less established. Acknowledging communities would reinforce rather than undermine them, and thus facilitate the production of social goods. But it would also help economics by facilitating our understanding of – and response to – financial crises as well as environmental destruction and many social problems, and by reducing the alienation from economics often felt by students and the public.

Suggested Citation

  • Wicks, Rick, 2011. "Assumption without representation: the unacknowledged abstraction from communities and social goods," MPRA Paper 51674, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:51674
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/51674/1/MPRA_paper_51674.pdf
    File Function: original version
    Download Restriction: no

    References listed on IDEAS

    as
    1. Julie Nelson, 2007. "Economics for Humans:," Challenge, Taylor & Francis Journals, vol. 50(4), pages 17-25.
    2. Thomas Mayer, 2002. "Improving communication in economics: a task for methodologists," Journal of Economic Methodology, Taylor & Francis Journals, vol. 8(1), pages 77-84.
    3. Cornes,Richard & Sandler,Todd, 1996. "The Theory of Externalities, Public Goods, and Club Goods," Cambridge Books, Cambridge University Press, number 9780521477185, April.
    4. David H. Ciscel & Julia A. Heath, 2001. "To market, to market: Imperial capitalism's destruction of social capital and the family," Review of Radical Political Economics, Union for Radical Political Economics, vol. 33(4), pages 401-414, December.
    5. George A. Akerlof, 2009. "How Human Psychology Drives the Economy and Why It Matters," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(5), pages 1175-1175.
    6. Rosenberg, Alexander, 1992. "Economics--Mathematical Politics or Science of Diminishing Returns?," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226727233, June.
    7. Peter Temin, 2006. "The Economy of the Early Roman Empire," Journal of Economic Perspectives, American Economic Association, vol. 20(1), pages 133-151, Winter.
    8. McCloskey, Deirdre N., 1998. "Bourgeois Virtue and the History of P and S," The Journal of Economic History, Cambridge University Press, vol. 58(02), pages 297-317, June.
    9. Dasgupta, Partha, 1995. "An Inquiry into Well-Being and Destitution," OUP Catalogue, Oxford University Press, number 9780198288350.
    10. Frederic S. Lee, 2010. "A heterodox teaching of neoclassical microeconomic theory," International Journal of Pluralism and Economics Education, Inderscience Enterprises Ltd, vol. 1(3), pages 203-235.
    11. Rick Wicks, 2009. "A model of dynamic balance among the three spheres of society – markets, governments, and communities: Applied to understanding the relative importance of social capital and social goods," International Journal of Social Economics, Emerald Group Publishing, vol. 36(5), pages 535-565, April.
    12. Myles,Gareth D., 1995. "Public Economics," Cambridge Books, Cambridge University Press, number 9780521497695, April.
    13. Laurence R. Iannaccone, 1998. "Introduction to the Economics of Religion," Journal of Economic Literature, American Economic Association, vol. 36(3), pages 1465-1495, September.
    14. Olof Johansson-Stenman, 1998. "On the problematic link between fundamental ethics and economic policy recommendations," Journal of Economic Methodology, Taylor & Francis Journals, vol. 5(2), pages 263-297.
    15. repec:mes:jeciss:v:36:y:2002:i:4:p:1045-1078 is not listed on IDEAS
    16. Samuel Bowles, 1998. "Endogenous Preferences: The Cultural Consequences of Markets and Other Economic Institutions," Journal of Economic Literature, American Economic Association, vol. 36(1), pages 75-111, March.
    17. Esping-Andersen, Gosta, 1999. "Social Foundations of Postindustrial Economies," OUP Catalogue, Oxford University Press, number 9780198742005.
    18. Franklin M. Fisher, 1989. "Games Economists Play: A Noncooperative View," RAND Journal of Economics, The RAND Corporation, vol. 20(1), pages 113-124, Spring.
    19. Laurence R. Iannaccone, 1998. "Corrigenda [Introduction to the Economics of Religion]," Journal of Economic Literature, American Economic Association, vol. 36(4), pages 1941-1941, December.
    20. Hausman,Daniel M., 1992. "The Inexact and Separate Science of Economics," Cambridge Books, Cambridge University Press, number 9780521415019, April.
    21. Frederic Lee & Steve Keen, 2004. "The Incoherent Emperor: A Heterodox Critique of Neoclassical Microeconomic Theory," Review of Social Economy, Taylor & Francis Journals, vol. 62(2), pages 169-199.
    22. Hausman,Daniel M., 1992. "The Inexact and Separate Science of Economics," Cambridge Books, Cambridge University Press, number 9780521425230, April.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    assumptions; communities; general equilibrium; separability; social goods.;

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary
    • D20 - Microeconomics - - Production and Organizations - - - General
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:51674. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter). General contact details of provider: http://edirc.repec.org/data/vfmunde.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.