The paths of classical political economy and Walrasian economics through Bowles and Gintis’ rendering of post Walrasian economics
Bowles and Gintis have, over the last twenty-five years, contributed to a Post Walrasian approach to economics drawing upon this in making policy recommendations concerning institutional design and the distribution of productive resources in society. We establish that Post Walrasian Economics is a broadly coherent system of thought, with two distinct phases, contested exchange and evolution, that Bowles and Gintis consider addresses what they term as Walras’ fiction, i.e., the Walrasian system only offers a relationship between ‘things’ as opposed to humans. Nevertheless, we argue that they perpetrate their own fiction through an inherently reductionist framework.
|Date of creation:||Jan 2005|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.sceme.org.uk/|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:sti:wpaper:009/2005. 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: (Matthias Klaes)The email address of this maintainer does not seem to be valid anymore. Please ask Matthias Klaes to update the entry or send us the correct address
If references are entirely missing, you can add them using this form.