1st Edition

The Economic Thought of Michael Polanyi

ISBN 9780367245634
Published August 12, 2019 by Routledge
178 Pages

USD $155.00

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Book Description

Michael Polanyi is most famous for his work in chemistry and the philosophy of science, but in the 1930s and 1940s he made an important contribution to economics.

Drawing on rich archival materials of Polanyi and his correspondents, Gábor Bíró explores their competing worldviews and their struggles to popularize their visions of the economy, economic expertise and democracy. Special focus is given to Polanyi’s pioneering economics film and postmodern ideas.

This volume will be of interest to advanced students and researchers of the history of economics, philosophy of science, and science and technology studies.

Table of Contents

Acknowledgements Introduction ONE / Polanyi's Work Against Extreme Liberalism and Socialist Planning TWO / The First Economics Film THREE / Rival Schools of Thought in the 1930s and 1940s FOUR / Polanyi's Visual Method FIVE / Correspondence on the Spirituality of Science and Economics SIX / Economic Evil and Machineness EPILOGUE / Towards a Polanyian Personal Economics References Index

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Gábor Bíró is an Assistant Professor and Vice Chair of the Department of Philosophy and History of Science at the Budapest University of Technology and Economics, Hungary.


"Biro's book is thoroughly researched and well worth reading for insights not only into Polanyi's economic ideas, but also into the many facets of economic theory during the 1930's and 1940's."

Mary Jo Nye, Oregan State University, USA

"Gábor Bíró has told a detailed and less known story about an unorthodox economist and humanist, Michael Polanyi. [It...] is a vivid example of how to put historical excavation in the service of telling grand stories about science and society."

Adam Tamas Tuboly, Hungarian Academy of Sciences in History of European Ideas