Economics as Social Theory

Series Editor: Tony Lawson

Social Theory is experiencing something of a revival within economics. Critical analyses of the particular nature of the subject matter of social studies and of the types of method, categories and modes of explanation that can legitimately be endorsed for the scientific study of social objects, are re-emerging. Economists are again addressing such issues as the relationship between agency and structure, between economy and the rest of society, and between the enquirer and the object of enquiry. There is a renewed interest in elaborating basic categories such as causation, competition, culture, discrimination, evolution, money, need, order, organization, power probability, process, rationality, technology, time, truth, uncertainty, value etc.

The objective for this series is to facilitate this revival further. In contemporary economics the label “theory” has been appropriated by a group that confines itself to largely asocial, ahistorical, mathematical “modelling”. Economics as Social Theory thus reclaims the “Theory” label, offering a platform for alternative rigorous, but broader and more critical conceptions of theorizing.

  • The Philosophy of Debt

    By Alexander X. Douglas

    I owe you a dinner invitation, you owe ten years on your mortgage, and the government owes billions. We speak confidently about these cases of debt, but is that concept clear in its meaning? This book aims to clarify the concept of debt so we can find better answers to important moral and…

    Paperback – 2015-12-07 
    Routledge
    Economics as Social Theory

  • What is Neoclassical Economics?

    Debating the origins, meaning and significance

    Edited by Jamie Morgan

    Despite some diversification modern economics still attracts a great deal of criticism. This is largely due to highly unrealistic assumptions underpinning economic theory, explanatory failure, poor policy framing, and a dubious focus on prediction. Many argue that flaws continue to owe much of…

    Paperback – 2015-12-07 
    Routledge
    Economics as Social Theory

  • Essays on: The Nature and State of Modern Economics

    By Tony Lawson

    What do modern academic economists do? What currently is mainstream economics? What is neoclassical economics? And how about heterodox economics? How do the central concerns of modern economists, whatever their associations or allegiances, relate to those traditionally taken up in the discipline?…

    Paperback – 2015-04-22
    Routledge
    Economics as Social Theory

  • The Philosophy, Politics and Economics of Finance in the 21st Century

    From Hubris to Disgrace

    Edited by Patrick O'Sullivan, Nigel F. B. Allington, Mark Esposito

    Since 2008, the financial sector has been the subject of extensive criticism. Much of this criticism has focused on the morality of the actors involved in the crisis and its extended aftermath. This book analyses the key moral and political philosophical issues of the crisis and relates them to the…

    Paperback – 2015-04-20
    Routledge
    Economics as Social Theory

  • Commerce and Community

    Ecologies of Social Cooperation

    Edited by Robert F. Garnett Jr., Paul Lewis, Lenore T. Ealy

    Since the end of the Cold War, the human face of economics has gained renewed visibility and generated new conversations among economists and other social theorists. The monistic, mechanical "economic systems" that characterized the capitalism vs. socialism debates of the mid-twentieth century have…

    Paperback – 2014-12-17
    Routledge
    Economics as Social Theory

  • A History of Financial Crises

    Dreams and Follies of Expectations

    By Cihan Bilginsoy

    "Once-in-a-lifetime" financial crises have been a recurrent part of life in the last three decades. It is no longer possible to dismiss or ignore them as aberrations in an otherwise well-functioning system. Nor are they peculiar to recent times. Going back in history, asset price bubbles and…

    Paperback – 2014-12-01
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    Economics as Social Theory

  • Social Ontology and Modern Economics

    Edited by Stephen Pratten

    Economists increasingly recognise that engagement with social ontology – the study of the basic subject matter and constitution of social reality - can facilitate more relevant analysis. This growing recognition amongst economists of the importance of social ontology is due very considerably to the…

    Paperback – 2014-09-25
    Routledge
    Economics as Social Theory

  • Economic Methodology

    A Historical Introduction

    By Harro Maas

    Ever since the inception of economics over two hundred years ago, the tools at the discipline’s disposal have grown more and more more sophisticated. This book provides a historical introduction to the methodology of economics through the eyes of economists. The story begins with John…

    Paperback – 2014-02-18
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    Economics as Social Theory

  • Understanding Development Economics

    Its Challenge to Development Studies

    By Adam Fforde

    Important parts of development practice, especially in key institutions such as the World Bank, are dominated by economists. In contrast, Development Studies is largely based upon multidisciplinary work in which anthropologists, human geographers, sociologists, and others play important roles.…

    Paperback – 2013-12-13
    Routledge
    Economics as Social Theory

  • The Cambridge Revival of Political Economy

    By Nuno Ornelas Martins

    The marginalist revolution of the late nineteenth century consolidated what Karl Marx and Piero Sraffa called ‘vulgar economy’, bringing with it an emphasis on a scarcity theory that replaced the classical surplus theory. However, the classical political economy of Adam Smith and David Ricardo has…

    Paperback – 2013-10-24
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    Economics as Social Theory

  • Introducing Money

    By Mark Peacock

    This book provides a theoretical and historical examination of the evolution of money. It is distinct from the majority of ‘economic’ approaches, for it does not see money as an outgrowth of market exchange via barter. Instead, the social, political, legal and religious origins of money are…

    Paperback – 2013-03-13
    Routledge
    Economics as Social Theory

  • Development and Globalization

    A Marxian Class Analysis

    By David F. Ruccio

    Since the mid-1980s, David F. Ruccio has been developing a new framework of Marxian class analysis and applying it to various issues in socialist planning, Third World development, and capitalist globalization. The aim of this collection is to show, through a series of concrete examples, how…

    Paperback – 2010-09-28
    Routledge
    Economics as Social Theory

  • From Economics Imperialism to Freakonomics

    The Shifting Boundaries between Economics and other Social Sciences

    By Ben Fine, Dimitris Milonakis

    Is or has economics ever been the imperial social science? Could or should it ever be so? These are the central concerns of this book. It involves a critical reflection on the process of how economics became the way it is, in terms of a narrow and intolerant orthodoxy, that has, nonetheless,…

    Paperback – 2009-04-09
    Routledge
    Economics as Social Theory

  • From Political Economy to Economics

    Method, the social and the historical in the evolution of economic theory

    By Dimitris Milonakis, Ben Fine

    Economics has become a monolithic science, variously described as formalistic and autistic with neoclassical orthodoxy reigning supreme. So argue Dimitris Milonakis and Ben Fine in this new major work of critical recollection. The authors show how economics was once rich, diverse, multidimensional…

    Paperback – 2008-10-28
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    Economics as Social Theory

  • Speaking of Economics

    How to Get in the Conversation

    By Arjo Klamer

    Making sense of economists and their world in a persuasive and entertaining style, Arjo Klamer, the author of a number of influential books including Conversation with Economists and The Consequences of Economic Rhetoric, shows that economics is as much about how people interact as it is about the…

    Paperback – 2007-02-19
    Routledge
    Economics as Social Theory

  • Markets, Deliberation and Environment

    By John O'Neill

    What is the source of our environmental problems? Why is there in modern societies a persistent tendency to environmental damage? From within neoclassical economic theory there is a straightforward answer to those questions: it is because environmental goods and harms are unpriced. They come free.…

    Paperback – 2006-12-14
    Routledge
    Economics as Social Theory

  • New Departures in Marxian Theory

    By Stephen Resnick, Richard Wolff

    Over the last twenty-five years, Stephen Resnick and Richard Wolff have developed a groundbreaking interpretation of Marxian theory generally and of Marxian economics in particular. This book brings together their key contributions and underscores their different interpretations. In facing…

    Paperback – 2006-06-08
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    Economics as Social Theory

  • Transforming Economics

    Perspectives on the Critical Realist Project

    Edited by Paul Lewis

    Economics has become polarised. On the one hand there is a body of economists who concern themselves with progressing their discipline via an increasing use of mathematical modelling. On the other hand, there are economists who believe passionately that in order for economics to be useful it needs…

    Paperback – 2004-11-18
    Routledge
    Economics as Social Theory

  • The Evolution of Institutional Economics

    By Geoffrey M Hodgson

    This exciting new book from Geoffrey Hodgson is eagerly awaited by social scientists from many different backgrounds. This book charts the rise, fall and renewal of institutional economics in the critical, analytical and readable style that Hodgson's fans have come to know and love, and that a new…

    Paperback – 2004-03-04
    Routledge
    Economics as Social Theory

  • Postcolonialism Meets Economics

    By S. Charusheela, Eiman Zein-Elabdin

    In the last half century, economics has taken over from anthropology the role of drawing the powerful conceptual worldviews that organize knowledge and inform policy in both domestic and international contexts. Until now however, the colonial roots of economic theory have remained relatively…

    Paperback – 2003-10-23
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    Economics as Social Theory

  • The Philosophy of Keynes' Economics

    Probability, Uncertainty and Convention

    Edited by Sohei Mizuhara, Jochen Runde

    John Maynard Keynes is undoubtedly the most influential Western economist of the twentieth century. His emphasis on the nature and role of uncertainty in economic thought is a dominant theme in his writings.This book brings together a wide array of experts on Keynes' thought such as Gay Tulip Meeks…

    Paperback – 2003-05-29
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    Economics as Social Theory

  • Toward a Feminist Philosophy of Economics

    By Drucilla Barker, Edith Kuiper

    Feminist economists have demonstrated that interrogating hierarchies based on gender, ethnicity, class and nation results in an economics that is biased and more faithful to empirical evidence than are mainstream accounts.This rigorous and comprehensive book examines many of the central…

    Paperback – 2003-04-03
    Routledge
    Economics as Social Theory

  • The Crisis in Economics

    Edited by Edward Fullbrook

    Economics can be pretty boring. Drier than Death Valley, the discipline is obsessed with mathematics and compounds this by arrogantly assuming its techniques can be brought to bear on the other social sciences. It wasn't going to be long, therefore, before students started complaining. The vast…

    Paperback – 2003-03-27
    Routledge
    Economics as Social Theory

  • Reorienting Economics

    By Tony Lawson

    This eagerly anticipated new book from Tony Lawson contends that economics can profit from a more explicit concern with ontology (enquiry into the nature of existence) than has been its custom. By admitting that economics is not exactly a picture of health at the moment, Lawson hopes that we can…

    Paperback – 2003-02-20
    Routledge
    Economics as Social Theory

  • The World of Consumption

    The Material and Cultural Revisited, 2nd Edition

    By Ben Fine, Ellen Leopold

    Consumption has become one of the leading topics across the social sciences and vocational disciplines such as marketing and business studies. In this comprehensively updated and revised new edition, traditional approaches as well as the most recent literature are fully addressed and incorporated,…

    Paperback – 2002-03-21
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    Economics as Social Theory

  • Intersubjectivity in Economics

    Agents and Structures

    Edited by Edward Fullbrook

    Traditional economics treats the defining subjective properties of economic agents (tastes, preferences, demands, goals and perceptions) as if they are determined independently of individual and collective relations with other agents. This collection of essays reflects the increasingly common view…

    Paperback – 2001-11-22
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    Economics as Social Theory

  • How Economics Forgot History

    The Problem of Historical Specificity in Social Science

    By Geoffrey M Hodgson

    In arguably his most important book to date, Hodgson calls into question the tendency of economic method to try and explain all economic phenomena by using the same catch-all theories and dealing in universal truths. He argues that you need different theories to analyze different economic phenomena…

    Paperback – 2001-08-23
    Routledge
    Economics as Social Theory

  • The Values of Economics

    An Aristotelian Perspective

    By Irene van Staveren

    In his Ethics, Aristotle argued that human beings try to further a variety of values by balancing them, stating that people try to find a middle road between excess and deficiency. The author develops and applies this idea to the values of economics, arguing that in the economy; freedom, justice…

    Paperback – 2001-06-07
    Routledge
    Economics as Social Theory

  • Post-Modernism, Economics and Knowledge

    Edited by Jack Amariglio, Stephen E Cullenberg, David F Ruccio

    Only in the past twenty years have debates surrounding modernism and postmodernism begun to have an impact on economics. This new way of thinking rejects claims that science and mathematics provide the only models for the structure of economic knowledge.This ground-breaking volume brings together…

    Paperback – 2001-05-17
    Routledge
    Economics as Social Theory

  • What do Economists Know?

    New Economics of Knowledge

    Edited by Robert F Garnett Jr

    A provocatively rethink of the questions of what, how and for whom economics is produced. Academic economists in the twentieth century have presumed to monopolise economic knowledge, seeing themselves as the only legitimate producers and consumers of this highly specialized commodity. This has…

    Paperback – 1999-08-26
    Routledge
    Economics as Social Theory

  • The New Economic Criticism

    Studies at the interface of literature and economics

    Edited by Mark Osteen, Martha Woodmansee

    This collection brings together twenty-seven essays by influential literary and cultural historians, as well as representatives of the vanguard of postmodernist economics. Contributors include: Jean-Joseph Goux, Marc Shell. This is a pathbreaking work which develops a new form of economic analysis.…

    Paperback – 1999-03-18
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    Economics as Social Theory

  • Critical Realism in Economics

    Development and Debate

    Edited by Steve Fleetwood

    Drawing on the fields of economic methodology and economic theory, this title opens up new forms of investigation in economics and transforms the nature of economic reasoning. The work combines contributions from authors critical of this approach with those who are concerned to clarify its full…

    Paperback – 1998-12-03
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    Economics as Social Theory

  • Economics and Utopia

    Why the Learning Economy is Not the End of History

    By Geoffrey M Hodgson

    Since the fall of the Berlin Wall we have been told that no alternative to Western capitalism is possible or desirable. This book challenges this view with two arguments. First, the above premise ignores the enormous variety within capitalism itself. Second, there are enormous forces of…

    Paperback – 1998-12-03
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    Economics as Social Theory

  • The Market

    Ethics, Knowledge and Politics

    By John O'Neill

    Following the failure of 'really existing socialism' in Eastern Europe and Asia, the market is now generally perceived, by Left and Right, to be supreme in any rational economic system. The current debate now focuses on the proper boundaries of markets rather than the system itself. This book…

    Paperback – 1998-05-07
    Routledge
    Economics as Social Theory

  • Economics and Reality

    By Tony Lawson

    'No reality please. We're economists'. There is a wide spread belief that modern economics is irrelevant to the understanding of the real world. In a controversial and original study, Tony Lawson argues that the root of this irrelevance is in the failure of economists to find methods and tools…

    Paperback – 1997-01-02
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    Economics as Social Theory

  • Feminism, Objectivity and Economics

    By Julie Nelson

    First published in 1995. Routledge is an imprint of Taylor & Francis, an informa company.…

    Paperback – 1995-12-07
    Routledge
    Economics as Social Theory

  • Economic Evolution

    An Inquiry into the Foundations of the New Institutional Economics

    By Jack J Vromen

    The new institutional economics offers one of the most exciting research agendas in economics today. Yet can it really explain processes of economic change? Economic Evolution explores three of the main approaches within the new institutional economics:* the new theory of the firm,* Nelson and…

    Paperback – 1995-10-19
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    Economics as Social Theory

  • Beyond Rhetoric and Realism in Economics

    Towards a Reformulation of Methodology

    By Thomas Boylan, Paschal O'Gorman

    Boylan and O'Gorman inject a fresh empiricist voice into the recent debates in economic methodology.... praise the book for its careful scholarship, its intellectual novelty and its familiarity with existing methodological literature." D. Wade Hands, University of Puget Sound, USA…

    Paperback – 1995-06-08
    Routledge
    Economics as Social Theory

  • Rules and Choice in Economics

    Essays in Constitutional Political Economy

    By Viktor J Vanberg

    First published in 1994. Routledge is an imprint of Taylor & Francis, an informa company.…

    Paperback – 1994-12-08
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    Economics as Social Theory

  • New Directions in Economic Methodology

    Edited by Roger E. Backhouse

    In recent years there has been a flowering of work on economic methodology. However there is no longer any consensus about which direction this should take or, indeed, even what the role and content of economic methodology should be. This book reflects this diversity. Its contributors are…

    Paperback – 1994-06-16
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    Economics as Social Theory

  • Who Pays for the Kids?

    Gender and the Structures of Constraint

    By Nancy Folbre

    Three paradoxes surround the division of the costs of social reproduction:* Women have entered the paid labour force in growing numbers, but they continue to perform most of the unpaid labour of housework and childcare.* Birth rates have fallen but more and more mothers are supporting children on…

    Paperback – 1994-01-06
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    Economics as Social Theory

  • Rationality, Institutions and Economic Methodology

    Edited by Bo Gustafsson, Christian Knudsen, Uskali Mäki

    First published in 1993. Routledge is an imprint of Taylor & Francis, an informa company.…

    Paperback – 1993-06-17
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    Economics as Social Theory

  • Economics and Language

    Edited by Roger E. Backhouse, Tony Dudley-Evans, Willie Henderson

    First published in 1993. Routledge is an imprint of Taylor & Francis, an informa company.…

    Paperback – 1993-01-07
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    Economics as Social Theory