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What Was His Political Economic Philosophy? Deciphering the Ideologies of Influential Figures
Understanding the political and economic philosophies of historical and contemporary figures is crucial for comprehending the world around us. This post delves into the complexities of analyzing an individual's ideology, exploring the nuances of their beliefs and how they shaped their actions. We’ll provide a framework for understanding political-economic philosophy, focusing on key components like their views on individual liberty, the role of the state, and their perspectives on economic systems. While we can’t analyze a specific person without a name, this guide will equip you to dissect the philosophies of any figure you choose, enabling you to answer the question, "What was his political economic philosophy?" effectively and thoroughly.
Understanding the Interplay of Politics and Economics
Before we dive into analyzing specific individuals, it's essential to understand the intertwined nature of politics and economics. Political philosophy deals with the organization of power, the nature of governance, and the rights and responsibilities of citizens. Economic philosophy, on the other hand, focuses on the production, distribution, and consumption of goods and services. However, these two are inseparable. Political decisions directly impact the economy, and economic structures significantly influence the political landscape.
#### Key Aspects to Consider:
Individual Liberty vs. Collective Good: Did the individual prioritize individual freedom and autonomy or emphasize the collective well-being of society? This often manifests in their views on taxation, regulation, and social safety nets.
The Role of the State: What role did they envision for the government in the economy and society? Were they proponents of a minimal state (laissez-faire), a welfare state, or something in between? Their stance on this significantly influences their economic policy preferences.
Economic Systems: Did they advocate for capitalism, socialism, communism, or a mixed economy? Understanding their preferred economic system reveals their beliefs about property rights, resource allocation, and wealth distribution.
Social Justice and Equality: What was their position on social inequality and justice? Did they support policies aimed at reducing inequality, or did they believe in a meritocratic system where outcomes are largely determined by individual effort?
International Relations: Did their philosophy extend to international trade and global economic cooperation or focus primarily on national interests?
Deconstructing a Political Economic Philosophy: A Step-by-Step Guide
Analyzing a person's political economic philosophy requires a systematic approach. Here's a suggested framework:
1. Examine their written works and speeches: This provides direct insight into their core beliefs and arguments. Look for recurring themes, key concepts, and policy proposals.
2. Analyze their actions and decisions: Actions often speak louder than words. Scrutinize their political decisions, economic policies, and public statements to identify inconsistencies or contradictions between their professed beliefs and their actions.
3. Consider the historical context: Understand the social, political, and economic conditions under which the individual lived and operated. This context significantly influences their worldview and their policy preferences.
4. Identify their influences: Who were their mentors, contemporaries, and ideological predecessors? Understanding their intellectual lineage can shed light on the sources of their ideas.
5. Compare and contrast with other ideologies: How does their philosophy compare to other prominent political and economic ideologies? Identifying similarities and differences helps to better understand their unique contributions.
Identifying Bias and Nuance
It's crucial to approach the analysis with a critical eye, acknowledging potential biases in the sources and the individual's own perspectives. Rarely are political and economic philosophies monolithic. Individuals often hold complex and sometimes contradictory beliefs. Recognizing these nuances is essential for a thorough understanding.
Conclusion
Understanding "what was his political economic philosophy" requires more than just identifying labels like "capitalist" or "socialist." A comprehensive analysis necessitates a deep dive into the individual's writings, actions, and the historical context in which they operated. By employing the framework outlined above, you can effectively dissect the complexities of any political economic philosophy and gain a nuanced understanding of their impact on society.
FAQs
1. How can I identify the primary sources for analyzing a political economic philosophy? Start with their published works (books, articles, speeches), official records (government documents, legislative proposals), and biographical accounts written by reputable scholars.
2. What if the individual's actions contradict their stated beliefs? This is a common occurrence. Analyze the discrepancy. Were there external pressures? Did their understanding evolve over time?
3. How do I account for the influence of historical context? Research the social, political, and economic conditions prevalent during the individual's life. This provides crucial context for understanding their beliefs.
4. Are there any tools or resources available to help with this analysis? Numerous academic databases, online archives, and biographical dictionaries provide valuable resources.
5. How can I avoid bias when conducting this type of analysis? Be aware of your own biases and actively seek diverse perspectives. Consult multiple sources and critically evaluate the evidence.
| what was his political economic philosophy: Philosophy, Politics, and Economics Gerald Gaus, John Thrasher, 2021-11-16 An updated and expanded edition of the classic introduction to PPE—philosophy, politics, and economics—coauthored by one of the field’s pioneers Philosophy, Politics, and Economics offers a complete introduction to the fundamental tools and concepts of analysis that PPE students need to study social and political issues. This fully updated and expanded edition examines the core methodologies of rational choice, strategic analysis, norms, and collective choice that serve as the bedrocks of political philosophy and the social sciences. The textbook is ideal for advanced undergraduates, graduate students, and nonspecialists looking to familiarize themselves with PPE’s approaches. Starting with individual choice, the book develops an account of rationality to introduce readers to decision theory, utility theory, and concepts of welfare economics and consumer choice theory. It moves to strategic choice in game theory to explore such issues as bargaining theory, repeated games, and evolutionary game theory. The text also considers how social norms can be understood, observed, and measured. Concluding chapters address collective choice, social choice theory and democracy, and public choice theory’s connections to voters, representatives, and institutions. Rigorous and comprehensive, Philosophy, Politics, and Economics continues to be an essential text for this popular and burgeoning field. The only book that covers the entirety of PPE methods A rigorous, nontechnical introduction to decision theory, game theory, and positive political theory A philosophical introduction to rational choice theory in the social sciences |
| what was his political economic philosophy: New Studies in Philosophy, Politics, Economics and the History of Ideas F. A. Hayek, 2018-12-22 From a Nobel Laureate economist, a collection of essays outlining ideas on political theory, economic freedom and epistemology. Following on F. A. Hayek’s previous work Studies in Philosophy, Politics, and Economics (1967), New Studies in Philosophy, Politics, Economics and the History of Ideas collects some of Hayek’s most notable essays and lectures dealing with problems of philosophy, politics and economics, with many of the essays falling into more than one of these categories. Expanding upon the previous volume the present work also includes a fourth part collecting a series of Hayek’s writings under the heading “History of Ideas.” Of the articles contained in this volume the lectures on “The Errors of Constructivism”and “Competition as a Discovery Procedure” have been published before only in German, while the article on “Liberalism” was written in English to be published in an Italian translation in the Enciclopedia del Novicento by the Istituto della Enciclopedia Italiana at Rome. |
| what was his political economic philosophy: Essays on Philosophy, Politics & Economics Gerald Gaus, Christi Favor, Julian Lamont, 2010-05-17 This volume brings together distinguished philosophers with interdisciplinary expertise to show how the resources of philosophy can be employed in the tasks of evaluating economics and fostering policy debates. Contributors offer analyses of basic ideas in economics, such as the notion of efficiency, economic man, incentives, self-interest, and utility maximization. They discuss key concepts in political theory such as desert, compensation, autonomy, equality, consent or fairness. The book then offers examples of how philosophical resources can be applied to specific, timely debates, such as discrimination, affirmative action, and ethical considerations in Social Security. These applications demonstrate how philosophy, politics, and economics can be fruitfully combined, while the more theoretical chapters clarify fundamental relationships across these related disciplines. Ultimately, the text guides students and scholars in expanding their perspectives as they approach the necessarily complex research questions of today and tomorrow. |
| what was his political economic philosophy: Philosophy and Political Economy in Some of Their Historical Relations James Bonar, 2022-10-27 This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant. |
| what was his political economic philosophy: Keynes: Philosophy, Economics and Politics R.M. O'Donnell, 1989-06-12 A systematic study contending that the distinctive theory of rationality found at the heart of Keynes' philosophy moulded his economic theorist policy-making, scientific methodology and politics. It aims to resolve his departure from Neoclassical economics to his radical General Theory. |
| what was his political economic philosophy: Freedom and Happiness in Economic Thought and Philosophy Ragip Ege, Herrade Igersheim, 2012-04-27 Starting from a distinction made by the American philosopher, John Rawls, in 2000 between two kinds of liberalism, liberalism of freedom and liberalism of happiness, this book presents a range of articles by economists and philosophers debating the most fundamental aspects of the subject. These include the exact significance of Rawls’ distinction and how it can be related to European political philosophy on the one hand and to utilitarianism on the other hand; the various definitions of happiness and freedom and their implications and the informational basis of individual preferences. The objectives of the book are twofold: first, it is devoted to a thorough analysis of the founding texts of both liberalisms. It aims to determine the logic of selection of the concepts which these traditions consider as relevant. The Kantian pair Reasonable/Rational can be seen as the basis on which these concepts are defined, our final concern being to reveal the profound relations of complementarity between them: we call it reconciliation. Secondly, we consider a fundamental issue of welfare economics – how to appraise individual preferences – in light of the Rawlsian distinction. It is emphasized that neither a criterion based on liberalism of freedom by itself, nor an evaluation in terms of liberalism of happiness by itself exhausts the question of utility. One must combine both aspects in order to cope with that issue. To do so, it is claimed that one can resort to the concept of metaranking of preferences. All the contributions included in this book are the outcomes of a collective research project of three years. The contributors come from a variety of backgrounds and yet are unified in developing a specific position about freedom and happiness. This book should be of interest to those focusing on the history of economic thought as well as moral, political and economic philosophy. |
| what was his political economic philosophy: The Routledge Handbook of Philosophy, Politics, and Economics C.M. Melenovsky, 2022-05-03 This handbook advances the interdisciplinary field of Philosophy, Politics, and Economics (PPE) by identifying thirty-five topics of ongoing research. Instead of focusing on historically significant texts, it features experts talking about current debates. Individually, each chapter provides a resource for new research. Together, the chapters provide a thorough introduction to contemporary work in PPE, which makes it an ideal reader for a senior-year course. The handbook is organized into seven parts, each with its own introduction and five chapters: I. Frameworks II. Decision-Making III. Social Structures IV. Markets V. Economic Systems VI. Distributive Justice VII. Democracy The Frameworks part discusses common tools and perspectives in PPE, and the Decision-making section shows different approaches to the study of choice. From there, parts on Social Structures, Markets and Economic Systems each use tools from the three PPE disciplines to study and distinguish parts of society. The next part explains dominant theories and challenges to the paradigm of Distributive Justice. Finally, a part on Democracy offers five challenges to current democratic practice. |
| what was his political economic philosophy: Political Philosophy: A Very Short Introduction David Miller, 2003-06-26 This book introduces readers to the concepts of political philosophy. It starts by explaining why the subject is important and how it tackles basic ethical questions such as 'how should we live together in society?' It looks at political authority, the reasons why we need politics at all, the limitations of politics, and whether there are areas of life that shouldn't be governed by politics. It explores the connections between political authority and justice, a constant theme in political philosophy, and the ways in which social justice can be used to regulate rather than destroy a market economy. David Miller discusses why nations are the natural units of government and whether the rise of multiculturalism and transnational co-operation will change this: will we ever see the formation of a world government? ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable. |
| what was his political economic philosophy: John Duns Scotus' Political and Economic Philosophy John Duns Scotus, 2001 Scotus - unlike Thomas Aquinas - never commented on Aristotle's Politics nor did he write any significant political tracts like Ockham. Nevertheless, despite his primary philosophical reputation as a metaphysician, Scotus did have certain definitive ideas about both politics and the morality of the marketplace. |
| what was his political economic philosophy: Philosophy of Economics Uskali Mäki, 2012-06-12 Part of the Handbook of the Philosophy of Science Series edited by: Dov M. Gabbay King's College, London, UK; Paul Thagard University of Waterloo, Canada; and John Woods University of British Columbia, Canada. Philosophy of Economics investigates the foundational concepts and methods of economics, the social science that analyzes the production, distribution and consumption of goods and services. This groundbreaking collection, the most thorough treatment of the philosophy of economics ever published, brings together philosophers, scientists and historians to map out the central topics in the field. The articles are divided into two groups. Chapters in the first group deal with various philosophical issues characteristic of economics in general, including realism and Lakatos, explanation and testing, modeling and mathematics, political ideology and feminist epistemology. Chapters in the second group discuss particular methods, theories and branches of economics, including forecasting and measurement, econometrics and experimentation, rational choice and agency issues, game theory and social choice, behavioral economics and public choice, geographical economics and evolutionary economics, and finally the economics of scientific knowledge. This volume serves as a detailed introduction for those new to the field as well as a rich source of new insights and potential research agendas for those already engaged with the philosophy of economics. Provides a bridge between philosophy and current scientific findings Encourages multi-disciplinary dialogue Covers theory and applications |
| what was his political economic philosophy: Principles of Political Economy John Stuart Mill, 1882 |
| what was his political economic philosophy: The Philosophy, Politics and Economics of Finance in the 21st Century Patrick O'Sullivan, Nigel F. B. Allington, Mark Esposito, 2015-04-10 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 political economy of finance. It also examines to what extent the financial sector can or should be reformed. This book is unified by the view that the financial sector had been a self-serving and self-regulating elite consumed by greed, speculation and even lawlessness, with little sense of responsibility to the wider society or common good. In light of critical analysis by authors from a variety of backgrounds and persuasions, suggestions for reform and improvement are proposed, in some cases radical reform. By placing the world of finance under a microscope, this book analyses the assumptions that have led from hubris to disgrace as it provides suggestions for an improved society. Rooted in philosophical reflection, this book invites a critical reassessment of finance and its societal role in the 21st century. This book will be of interest to academics, politicians, central bankers and financial regulators who wish to improve the morality of finance. |
| what was his political economic philosophy: Philosophy, Politics, and Economics Jonathan Anomaly, Geoffrey Brennan, Michael C. Munger, Geoffrey Sayre-McCord, 2016 The only book on the market to include classical and contemporary readings from key authors in Philosophy, Politics, and Economics (PPE), this unique anthology provides a comprehensive overview of the central topics in this rapidly expanding field. Each chapter opens with an introduction that helps students understand the central arguments and key concepts in the readings. The selections encourage students to think about the extent to which the three disciplines offer complementary or contradictory ways of approaching the relevant issues. Philosophy, Politics, and Economics: An Anthology is ideal for undergraduate PPE programs and courses in political philosophy and political economy. |
| what was his political economic philosophy: F. A. Hayek Peter J. Boettke, 2018-09-05 This book explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Set within a context of the recent financial crisis, alongside the renewed interest in Hayek and the Hayek-Keynes debate, the book introduces the main themes of Hayek’s thought. These include the division of knowledge, the importance of rules, the problems with planning and economic management, and the role of constitutional constraints in enabling the emergence of unplanned order in the market by limiting the perverse incentives and distortions in information often associated with political discretion. Key to understanding Hayek's development as a thinker is his emphasis on the knowledge problem that economic decision makers face and how alternative institutional arrangements either hinder or assist them in overcoming that epistemic dilemma. Hayek saw order emerging from individual action and responsibility under the appropriate institutional order that itself emerges from actors discovering new and better ways to coordinate their behavior. This book will be of interest to all those keen to gain a deeper understanding of this great 20th century thinker in economics. |
| what was his political economic philosophy: Philosophy of Economics Oliver Schlaudt, 2021-10-27 Philosophy of Economics: A Heterodox Introduction provides an introduction to the philosophy of economics through the prism of heterodoxy. Heterodox economics covers a range of approaches and schools of thought but what they have as a common denominator is the conviction that economic phenomena cannot be understood, and thus must not be studied, in isolation from their relevant context. Conversely, the current form of neoclassical economics emerged from the conviction that there is something like economic rationality sui generis which can be treated independently from all other aspects of our world, social or natural. Heterodox approaches challenge this conviction, from a variety of angles: the economic actor is not isolated, but lives in society which shapes him; market goods are only one kind of goods among others, constituting a larger set with ambiguous and shifting inner frontiers; production of goods takes place within nature, is subjected to physical laws and induces in most cases ecologically problematic fluxes of matter (e.g. waste); finally, the whole economic process in general is not in equilibrium, but shows secular trends through which it is connected to the historical world. This book demonstrates the vitality of these heterodox challenges from a philosophical point of view because not only do they formulate new hypotheses within economics, but they challenge economic theory on a much more fundamental level: how is the economy situated in the world, and which are the right methods for its investigation? This book is an ideal introduction for anyone seeking alternative or critical perspectives on the philosophy of economics and economic theory. |
| what was his political economic philosophy: Rousseau’s Economic Philosophy Bertil Fridén, 2012-12-06 An increasing body of literature concerns the economics of those highly appreciated qualities of life that are not easily provided by market exchange. Today these problems are visible as never before, for example environmental problems. But already at the dawn of industrial society the problem had been observed by Rousseau. His statements on the economy claim to take these problems into account with due importance. In this way his economic philosophy concerns a different domain of the economy from, for example, Adam Smith's work. Rousseau's philosophy attempts to consider phenomena later labeled information asymmetries and information costs, bargaining, collective good problems. Some of Rousseau's most puzzling social proposals (on theater, women, music, etc.) can be explained by his well-argued conviction that an optimal economy demands a high social morale, a communicative morale. He proposes an economic philosophy for the most important properties of richness - such as experiencing the unique, and being free although dependent on others (empowerment). It is for the adult capable of true deliberation, not for the trifle of the innocent child. He develops a concept of richness that is close to the Aristotelian capability-concept, later explored by Amartya Sen. Rousseau's economic philosophy has not been treated in a monograph before. The book should be rewarding to those interested in social theory, the history of social and economic thought, problems at the margins of market exchange, e.g. cultural economics, environmental economics, students of Rousseau and the thought of the 18th century, welfare economic theory in the direction of Arrow or Sen, and Poanyi's and others' theses about the transition from selfsufficiency to market. |
| what was his political economic philosophy: Economic Philosophy Joan Robinson, 2017-09-29 Economics has always been partly a vehicle for the ruling ideology of each period as well as partly a method of scientific investigation. It limps along with one foot in untested hypotheses and the other in untestable slogans. Here our task is to sort out as best we may this mixture of ideology and science.With these provocative words, Joan Robinson introduces this lively and iconoclastic book. In what follows, she says, this theme is illustrated by reference to one or two of the leading ideas of the economists from Adam Smith onwards, not in a learned manner, tracing the development of thought, nor historically, to show how ideas arose out of the problems of each age, but rather an attempt to puzzle out the mysterious way that metaphysical propositions, without any logical content, can yet be a powerful influence on thought and action.Robinson is responsible for some of the most austerely professional contributions to economic theory, but here in effect she takes the reader behind the scenes and cheerfully exposes the dogmatic content of economic orthodoxy. In its place, she offers the possibility that with obsolete metaphysics cleared out of the way economics can make a substantial advance toward science. . |
| what was his political economic philosophy: ECONOMIC SENTIMENTS Emma Rothschild, 2013-02-04 A benchmark in the history of economics and of political ideas, Rothschild shows us the origins of laissez-faire economic thought and its relation to political conseratism in an unquiet world. |
| what was his political economic philosophy: The Theory of Moral Sentiments Adam Smith (économiste), 1812 |
| what was his political economic philosophy: Amartya Sen Lawrence Hamilton, 2019-06-10 Amartya Sen is one of the world’s best-known voices for the poor, the destitute and the downtrodden and an inspiration for policy makers and activists across the globe. He has also contributed almost without peer to the study of economics, philosophy and politics, transforming social choice theory, development economics, ethics, political philosophy and Indian political economy, to list but a few. This book offers a much-needed introduction to Amartya Sen’s extraordinary variety of ideas. Lawrence Hamilton provides an excellent, accessible guide to the full range of Sen’s writings, contextualizing his ideas and summarizing the associated debates. In elegant prose, Hamilton reconstructs Sen’s critiques of the major philosophies of his time, assesses his now famous concern for capabilities as an alternative for thinking about poverty, inequality, gender discrimination, development, democracy and justice, and unearths some overlooked gems. Throughout, these major theoretical and philosophical achievements are subjected to rigorous scrutiny. Amartya Sen is a major work on one of the most influential economists and philosophers of the last couple of centuries. It will be invaluable to students and scholars across the humanities and social sciences and an excellent guide for policy makers, legislators and global activists. |
| what was his political economic philosophy: The Philosophy of Economics Daniel M. Hausman, 2008 This volume, explores the nature of economics as a science, including classic texts and newer essays. |
| what was his political economic philosophy: The Oxford Handbook of Philosophy of Economics Harold Kincaid, Don Ross, 2009-03-26 This volume is the first comprehensive, cohesive, and accessible reference source to the philosophy of economics, presenting important new scholarship by top scholars. |
| what was his political economic philosophy: Economics and Ethics of Private Property Hans-Hermann Hoppe, 2006 |
| what was his political economic philosophy: James M. Buchanan Richard E. Wagner, 2019-02-15 “A fine collection of essays exploring, and in many cases extending, Jim Buchanan’s many contributions and insights to economic, political, and social theory.”– Bruce Caldwell, Professor of Economics, Duke University, USAThe overwhelming impression the reader gets from this very fine collection is the extraordinary expanse of James Buchanan's work. Everyone interested in economics and related fields can profit mightily from this book.– Mario Rizzo, Professor of Economics, New York University, USA This book explores the academic contribution of James Buchanan, who received the Nobel Prize for economics in 1986. Buchanan’s receipt of the Prize is noteworthy because he was a maverick within the economics profession. In contrast to the preponderance of economists, Buchanan made little use of mathematics and no use of econometrics, preferring to used logic and language to insert his ideas into the scholarly community. Moreover, his ideas extended the domain of economic inquiry along many paths that numerous economists subsequently pursued. Buchanan’s scholarship brought economics and political science together under the rubric of public choice. He was also was a prime figure in bringing economic theory into closer contact with moral and social philosophy.This volume includes essays distributed across the extensive domain of Buchanan’s scholarly contributions, reflecting the range of his scholarly interests. Chapters will examine Buchanan’s scholarly work on public finance, social insurance, public debt, public choice, economic methodology, constitutional political economy, law and economics, and ethics and social theory. The book also examines Buchanan in relation to other prominent economists, both from the distant past and the recent past. |
| what was his political economic philosophy: Exploring the Political Economy and Social Philosophy of F.A. Hayek Peter J. Boettke, Jayme Lemke, Virgil Henry Storr, 2018 This volume critically explore and extend Hayek's Nobel Prize-winning work on knowledge and social interconnectedness from the disciplines of law, economics, philosophy, anthropology, political science, and history. Hayek's insights about knowledge become even more important once it is recognized that nothing in the social world occurs in isolation. There is no such thing as a distinct economic, political, or social sphere--they are inextricably intertwined. Given the range of both Hayek's work and the contributing authors' perspectives, the range of topics covered in this volume is extraordinarily wide, running the gamut from immigration, to white supremacy, to ancient agricultural practices, to the nature of what it means to be free. |
| what was his political economic philosophy: Philosophy of Economics Julian Reiss, 2013-07-15 Philosophy of Economics: A Contemporary Introduction is the first systematic textbook in the philosophy of economics. It introduces the epistemological, metaphysical and ethical problems that arise in economics, and presents detailed discussions of the solutions that have been offered. Throughout, philosophical issues are illustrated by and analysed in the context of concrete cases drawn from contemporary economics, the history of economic ideas, and actual economic events. This demonstrates the relevance of philosophy of economics both for the science of economics and for the economy. This text will provide an excellent introduction to the philosophy of economics for students and interested general readers alike. |
| what was his political economic philosophy: A Philosopher's Economist Margaret Schabas, Carl Wennerlind, 2020-07-15 Reconsiders the centrality and legacy of Hume’s economic thought and serves as an important springboard for reflections on the philosophical underpinnings of economics. Although David Hume’s contributions to philosophy are firmly established, his economics has been largely overlooked. A Philosopher’s Economist offers the definitive account of Hume’s “worldly philosophy” and argues that economics was a central preoccupation of his life and work. Margaret Schabas and Carl Wennerlind show that Hume made important contributions to the science of economics, notably on money, trade, and public finance. Hume’s astute understanding of human behavior provided an important foundation for his economics and proved essential to his analysis of the ethical and political dimensions of capitalism. Hume also linked his economic theory with policy recommendations and sought to influence people in power. While in favor of the modern commercial world, believing that it had and would continue to raise standards of living, promote peaceful relations, and foster moral refinement, Hume was not an unqualified enthusiast. He recognized many of the underlying injustices of capitalism, its tendencies to promote avarice and inequality, as well as its potential for political instability and absolutism. Hume’s imprint on modern economics is profound and far-reaching, whether through his close friend Adam Smith or later admirers such as John Maynard Keynes and Friedrich Hayek. Schabas and Wennerlind’s book compels us to reconsider the centrality and legacy of Hume’s economic thought—for both his time and ours—and thus serves as an important springboard for reflections on the philosophical underpinnings of economics. |
| what was his political economic philosophy: Reinventing Liberalism Ola Innset, 2020-01-29 In April 1947, a group of right-leaning intellectuals met in the Swiss Alps for a ten-day conference with the aim of establishing a permanent organization. Named “an army of fighters for freedom” by Friedrich Hayek, they would at times use “neoliberalism” as a description of the philosophy they were developing. Later, many of them would opt for classical liberalism” or other monikers. Was their liberalism classical or was it new? All new creeds build on previous ones, but the intellectuals in question were involved in an explicit attempt to change liberalism and move beyond both past laissez-faire ideals and the social liberalism popular at the time. This book provides a contextual, historical understanding of the development of neoliberal ideas, by studying its evolution from the first socialist calculation debates in Red Vienna to the founding meeting of the Mont Pelerin Society in 1947. The author examines key neoliberal conceptions of totalitarianism, market mechanisms and states, and presents a detailed study of the discussions during the first meeting of the Mont Pelerin Society. Offering a new perspective on the ideas that have influenced economics and politics since the 1970s, this study appeals to scholars interested in modern and political history, political theory and the history of economic thought. What is neoliberalism? In search of an answer, Innset’s innovativeintellectual history takes us to a grand hotel overlooking Lake Geneva, and inside the first meeting of the Mont Pèlerin Society. Our journey leaves us with a deeper understanding of the new form of liberalism that is the legacy of this closed society. Edward Nik-Khah, Professor of Economics, Roanoke College “Reinventing Liberalism will put an end to endless debates around whether neoliberalism exists or not. Ola Morris Innset clearly shows that it does and presents a definitive argument for what neoliberalism is. This book is a must read for all those who want to have a solid understanding of the ideology that is framing and increasingly visibly endangering our world....” Marie Laure Salles-Djelic, Sciences Po Paris |
| what was his political economic philosophy: A Theory of Justice John RAWLS, 2009-06-30 Though the revised edition of A Theory of Justice, published in 1999, is the definitive statement of Rawls's view, so much of the extensive literature on Rawls's theory refers to the first edition. This reissue makes the first edition once again available for scholars and serious students of Rawls's work. |
| what was his political economic philosophy: Philosophy and Real Politics Raymond Geuss, 2024-06-25 A trenchant critique of established ideas in political philosophy and a provocative call for change Many contemporary political thinkers are gripped by the belief that their task is to develop an ideal theory of rights or justice for guiding and judging political actions. But in Philosophy and Real Politics, Raymond Geuss argues that philosophers should first try to understand why real political actors behave as they actually do. Far from being applied ethics, politics is a skill that allows people to survive and pursue their goals. To understand politics is to understand the powers, motives, and concepts that people have and that shape how they deal with the problems they face in their particular historical situations. Philosophy and Real Politics both outlines a historically oriented, realistic political philosophy and criticizes liberal political philosophies based on abstract conceptions of rights and justice. |
| what was his political economic philosophy: Free to Lose John E. ROEMER, John E Roemer, 2009-06-30 John Roemer challenges the morality of an economic system based on the private ownership of the means of production. Unless you start with a certain amount of wealth in such a society, you are only free to lose. This book addresses crucial questions of political philosophy and normative economics in terms understandable by readers with a minimal knowledge of economics. |
| what was his political economic philosophy: The Theory of Moral Sentiments Adam Smith, 1761 |
| what was his political economic philosophy: The Oxford Handbook of Political Philosophy David Estlund, 2012-07-19 This volume includes 22 new pieces by leading political philosophers, on traditional issues (such as authority and equality) and emerging issues (such as race, and money in politics). The pieces are clear and accessible will interest both students and scholars working in philosophy, political science, law, economics, and more. |
| what was his political economic philosophy: Global Economics Clifford F. Thies, 2020-07-07 Global Economics looks beyond the mere interaction of national economies as is implied by the term 'international economics.' It examines the integration of national economies into the emerging global economy. In keeping with the subtitle A Holistic Approach, the book considers the roles of technology, political arrangements, the rule of law, natural resources, climate change, social institutions and values, in addition to the role of economics (narrowly defined). In fact, recourse to abstract economic analysis is restrained, and discussion is replete with concrete examples and case studies. Specific topics include trade theory, policy and agreements, foreign exchange, exchange rate determination and hedging, international capital and labor flows, financial crises and development. The book details the changes that took place with the Industrial Revolution and the subsequent spread of market economics and democratic government. It develops the classic theory of comparative advantage, and then applies and extends the theory to explain the complex trade patterns of today. It uses game theory to analyze trade policy, and the tragedy of the commons to address the resource curse. The book covers topics such as the relationship of defense to trade policy not typically considered by international economics, in addition to taking a fresh approach to the traditional topics. |
| what was his political economic philosophy: Economic Philosophy Adelino Zanini, 2008 The book investigates the relationship between the economic and political writings of four seminal authors: Adam Smith, Karl Marx, Joseph A. Schumpeter, and John M. Keynes. It underlines how in their works the nexus between ethics, economics, and politics has produced four exemplary solutions. They represent the most relevant modern formulations of the idea of 'political interest', to which the philosophical and political debate constantly returns, as the thought of Carl Schmitt, Hannah Arendt, and Michel Foucault demonstrates. The author discusses the different interpretations by considering economic science not as a natural, but as moral and political science. |
| what was his political economic philosophy: Andrew Carnegie Samuel Bostaph, 2017-10-01 Andrew Carnegie was a leading industrialist who used his fortune to create a legacy of philanthropy and peace advocacy. This biography examines his rise from a poverty-stricken childhood to a position of international leadership. |
| what was his political economic philosophy: To Shape a New World Tommie Shelby, Brandon M. Terry, 2018-02-19 A cast of distinguished contributors engage critically with Martin Luther King's understudied writings on labor and welfare rights, voting rights, racism, civil disobedience, nonviolence, economic inequality, poverty, love, just-war theory, virtue ethics, political theology, imperialism, nationalism, reparations, and social justice |
| what was his political economic philosophy: A Companion to Spinoza Yitzhak Y. Melamed, 2021-07-06 An unparalleled collection of original essays on Benedict de Spinoza's contributions to philosophy and his enduring legacy A Companion to Spinoza presents a panoramic view of contemporary Spinoza studies in Europe and across the Anglo-American world. Designed to stimulate fresh dialogue between the analytic and continental traditions in philosophy, this extraordinary volume brings together 53 original essays that explore Spinoza's contributions to Western philosophy and intellectual history. A diverse team of established and emerging international scholars discuss new themes and classic topics to provide a uniquely comprehensive picture of one of the most influential metaphysicians of all time. Rather than simply summarizing the body of existing scholarship, the Companion develops new ideas, examines cutting-edge scholarship, and suggests directions for future research. The text is structured around six thematically-organized sections, exploring Spinoza's life and background, his contributions to metaphysics and natural philosophy, his epistemology, politics, ethics, and aesthetics, the reception of Spinoza in the work of philosophers such as Kant, Schelling, Schopenhauer, and Hegel, and more. This unparalleled research collection combines a timely overview of the current state of research with deep coverage of Spinoza's philosophy, legacy, and influence. Part of the celebrated Blackwell Companions to Philosophy series, A Companion to Spinoza is an ideal text for advanced courses in modern philosophy, intellectual history, and the history of metaphysics, and an indispensable reference for researchers and scholars in Spinoza studies. |
| what was his political economic philosophy: A Modern Guide to Philosophy of Economics Kincaid, Harold, Ross, Don, 2021-08-27 This insightful Modern Guide offers a broad coverage of questions and controversies encountered by contemporary economists. A refreshing approach to philosophy of economics, chapters comprise a range of methodological and theoretical perspectives, from lab and field experiments to macroeconomics and applied policy work, written using a familiar, accessible language for economists. |
| what was his political economic philosophy: End of History and the Last Man Francis Fukuyama, 2006-03-01 Ever since its first publication in 1992, the New York Times bestselling The End of History and the Last Man has provoked controversy and debate. Profoundly realistic and important...supremely timely and cogent...the first book to fully fathom the depth and range of the changes now sweeping through the world. —The Washington Post Book World Francis Fukuyama's prescient analysis of religious fundamentalism, politics, scientific progress, ethical codes, and war is as essential for a world fighting fundamentalist terrorists as it was for the end of the Cold War. Now updated with a new afterword, The End of History and the Last Man is a modern classic. |
What Was His Political Economic Philosophy
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What Was His Political Economic Philosophy
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