This book is a comprehensive and often controversial survey of economic methodology.

This edited volume provides an in-depth exploration into the influential work of Wade Hands, examining the changing relationship between methodology and the history of economics in connection with contemporary developments in economics. The papers in this volume fall into four parts, each devoted to an important theme in Wade Hands’ work. The first part explores the influence and scope of Reflection without Rules, capturing the rich debate that the book generated about what guides methodological and philosophical thinking in economics. The second part examines Hands’ research on Paul Samuelson’s economics and the methodological dimensions of Samuelson’s thinking. Part three looks to Hands’ long-standing interest in the philosophical foundations of pragmatist thinking. The final part addresses his more recent research in the methodological import of the emergence of behavioural economics. Together, the contributors show how Hands’ insights in complexity theory, identity, and stratification are key to understanding a reconfigured economic methodology. They also reveal how his willingness to draw from multiple academic disciplines gives us a platform for interrogating mainstream economics and provides the basis for a humane yet scientific alternative. This unique volume will be essential reading for advanced students and researchers across social economics, history of economic thought, economic methodology, political economy, and philosophy of social science.

Questions whether the logic of language underlying Habermas's theory of communicative action is in fact the defining feature of conversational practice.

We call beliefs reasonable or unreasonable, justified or unjustified. What does this imply about belief? Does this imply that we are responsible for our beliefs and that we should be blamed for our unreasonable convictions? Or does it imply that we are in control of our beliefs and that what we believe is up to us? Reason Without Freedom argues that the major problems of epistemology have their roots in concerns about our control over and responsibility for belief. David Owens focuses on the arguments of Descartes, Locke and Hume - the founders of epistemology - and presents a critical discussion of the current trends in contemporary epistemology. He proposes that the problems we confront today - scepticism, the analysis of knowlege, and debates on epistemic justification - can be tackled only once we have understood the moral psychology of belief. This can be resolved when we realise that our responsibility for beliefs is profoundly different from our rationality and agency, and that memory and testimony can preserve justified belief without preserving the evidence which might be used to justify it. Reason Without Freedom should be of value to those interested in contemporary epistemology, philosophy of mind and action, ethics, and the history of 17th and 18th century.

In At the Edges of Vision, Ren?van de Vall re-examines the aesthetics of spectatorship in terms of new-media art and visual culture. The aesthetic experience of visual art has traditionally been described in terms of the distanced contemplation and critical interpretation of the work's form and representational content. Recent developments in installation, video and computer art have foregrounded the bodily and affective engagement of the spectator and, in retrospect, throw into question the model of spectatorial distance for more traditional art forms as well. But what does this development entail for art's potential for reflective, imaginative and experiential depth? Is art still capable of providing a critical counterpoint to the ubiquitous presence of sensational, yet short-lived media imagery when it speaks to the senses rather than to the mind? In a thorough examination of examples from painting, film, installation art and interactive video, and computer art, Van de Vall argues for a tactile and affective conception of reflection, linking philosophy and art. Looking at a Rembrandt self-portrait and navigating through an internet art work have in common that both types of work rely on a playful, rhythmically structured, sensuous and embodied reflexivity for the articulation of meaning. This sensuous dimension of playful reflexivity is just as important in philosophical thought, however, as the transcendental condition for genuine, open-ended reflection. Drawing on the philosophy of Merleau-Ponty, Levinas, Lyotard and Deleuze on the one hand and on new-media theory on the other, Van de Vall develops a performative phenomenology of aesthetic reflection, visuality and visual art, in order to rethink art's ethical and political relevance in present-day digital-media culture.

Why do economic models often fail in their predictions? Why do economists and financial market professionals make foolish decisions even though they know they may be harmful in the future? Why do many competent people in their financial professional life make wrong decisions in their personal finances? Why does economics today seem to us to have the characteristics of an exact science? These are some of the questions that Philosophy of Economic Behavior aims to answer. This is a new field that encompasses both behavioral and psychological studies of economics in the light of philosophical thought. Economics is primarily a human and applied social science, and its study is based on human behavior within the economy. The main purpose of the book is to present its fundaments, focusing on the individual and not the market nor the government. The conclusions drawn here indicate the starting point as a basis for the outcome of many possible approaches: psychology of economics, behavioral economics, philosophy of emotions, philosophy of economics, nudges and other techniques that influence the decision making, ethics of economic behavior, ethics of decision making, ethics of the financial system (banks, startups, digital banks, investments, cryptocurrencies, etc.), education/health/socio-cultural condition/employment/ income vs. economic behavior, influence of algorithms in decision making, economic behavior and globalization, and many other relevant topics.

In Order without Law, Robert Ellickson shows that law is far less important than is generally thought. He demonstrates that people largely govern themselves by means of informal rules—social norms—that develop without the aid of a state or other central coordinator. Integrating the latest scholarship in law, economics, sociology, game theory, and anthropology, Ellickson investigates the uncharted world within which order is successfully achieved without law. The springboard for Ellickson’s theory of norms is his close investigation of a variety of disputes arising from the damage created by escaped cattle in Shasta County, California. In “The Problem of Social Cost”—the most frequently cited article on law—economist Ronald H. Coase depicts farmers and ranchers as bargaining in the shadow of the law while resolving cattle-trespass disputes. Ellickson’s field study of this problem refutes many of the behavioral assumptions that underlie Coase’s vision, and will add realism to future efforts to apply economic analysis to law. Drawing examples from a wide variety of social contexts, including whaling grounds, photocopying centers, and landlord–tenant relations, Ellickson explores the interaction between informal and legal rules and the usual domains in which these competing systems are employed. Order without Law firmly grounds its analysis in real-world events, while building a broad theory of how people cooperate to mutual advantage.