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Palgrave Macmillan

Value, Historicity, and Economic Epistemology

An Archaeology of Economic Science

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  • © 2023

Overview

  • Explores the long-term evolutions of economic thought through the concept of episteme, or system of understanding
  • Highlights the epistemological discontinuities and ruptures that characterize evolutions of economic thought
  • Looks at different heterodox schools and their relationship with the neoclassical paradigm
  • Foreword was written by Sheila Dow

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Table of contents (9 chapters)

  1. An Archeology of Economic Science: From the Physiocrats to the Neoclassics

  2. Epistemological Ruptures: Three Contemporary Examples

Keywords

About this book

This book aims to study, from an approach linked to epistemology and the history of ideas, the evolution of economic science and its differing seminal systems. Today mainstream economics solves certain problems chosen within the scope of “normal science,” without questioning the epistemological foundations that support the paradigm within which they were conceived. Contrary to a Neoclassical interpretation, the historicist interpretation shows that, from the incommensurability of the different paradigms, it is impossible to conceive of a progress of economic science, in a long-term perspective. This book ultimately reveals, from the different economic schools of thought analyzed, that there is no pure form of episteme, or system of understanding. Each concrete episteme in the history of economic thought is by nature hybrid in the sense that it contains components from preceding systems of knowledge.

Authors and Affiliations

  • Vitoria, Brazil

    Alain Herscovici

About the author

Alain Herscovici is Full Professor of the Department of Economics and the Postgraduate Program in Economics, at the Federal University of Espírito Santo (UFES), Brazil, and leader of the CNPq (National Council for Scientific and Technological Development) Research Group on Macroeconomics. He is the author of Essays on the Historicity of Capital, published by Palgrave Macmillan in 2019.

Bibliographic Information

  • Book Title: Value, Historicity, and Economic Epistemology

  • Book Subtitle: An Archaeology of Economic Science

  • Authors: Alain Herscovici

  • DOI: https://doi.org/10.1007/978-3-031-21157-7

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2023

  • Hardcover ISBN: 978-3-031-21156-0Published: 04 January 2023

  • Softcover ISBN: 978-3-031-21159-1Published: 05 January 2024

  • eBook ISBN: 978-3-031-21157-7Published: 03 January 2023

  • Edition Number: 1

  • Number of Pages: XXI, 228

  • Number of Illustrations: 7 b/w illustrations, 6 illustrations in colour

  • Topics: History of Economic Thought/Methodology, Philosophy of the Social Sciences, Epistemology

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