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Economics and Hermeneutics

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  • Berger, Lawrence A.

Abstract

In a recent article in this journal, D. Wade Hands (1987) reviewed Charles Taylor's two-volume work, Philosophical Papers (1985). Hands predicts that Taylor's work will have no impact on the philosophy of economics. This may indeed turn out to be the case; but if so, it will only be because the profession is not listening. Of course, it is typical of the profession to be more interested in exporting its product than in learning from other disciplines. This is exemplified in Hands's use of the term “philosophy of economics” – philosophy is the handmaiden of the highly successful enterprise of economics. But this journal is called Economics and Philosophy, which means that a conversation requiring an openness and attentiveness is called for between economics and philosophy.

Suggested Citation

  • Berger, Lawrence A., 1989. "Economics and Hermeneutics," Economics and Philosophy, Cambridge University Press, vol. 5(2), pages 209-234, October.
    • Handle: RePEc:cup:ecnphi:v:5:y:1989:i:02:p:209-234_00
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    Cited by:

    1. Koppl, Roger G., 1996. "It is high time we take our ignorance more seriously," International Review of Financial Analysis, Elsevier, vol. 5(3), pages 259-272.
    2. Earl, Peter E., 2001. "Simon's travel theorem and the demand for live music," Journal of Economic Psychology, Elsevier, vol. 22(3), pages 335-358, June.
    3. Wallis, Joe, 2002. "Drawing on revisionist economics to explain the inspirational dimension of leadership," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 31(1), pages 59-74.
    4. Peter E Earl & Jason Potts, 2000. "Latent demand and the browsing shopper," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 21(3-4), pages 111-122.
    5. Muramatsu, Roberta & Hanoch, Yaniv, 2005. "Emotions as a mechanism for boundedly rational agents: The fast and frugal way," Journal of Economic Psychology, Elsevier, vol. 26(2), pages 201-221, April.
    6. Kushal K. Reddy & Vipin P. Veetil, 2023. "Business cycles and the internal dynamics of firms," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 36(1), pages 43-60, March.
    7. Priddat, Birger P., 2012. "Rationality, hermeneutics, and communicational processes: On L. Lachmann's approach of hermeneutical economics," Wittener Diskussionspapiere zu alten und neuen Fragen der Wirtschaftswissenschaft 18/2012, Witten/Herdecke University, Faculty of Management and Economics.
    8. Hanoch, Yaniv, 2002. ""Neither an angel nor an ant": Emotion as an aid to bounded rationality," Journal of Economic Psychology, Elsevier, vol. 23(1), pages 1-25, February.

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