IDEAS home Printed from https://ideas.repec.org/a/taf/fosoec/v42y2013i4p346-358.html
   My bibliography  Save this article

Panglossian Paradox: How Paradigmatic Purity Compromises Policy Effectiveness

Author

Listed:
  • Ann E. Davis

Abstract

Ethical systems are embedded in paradigms. The call for an ethical approach to economics must ultimately address the nature and critique of the existing paradigm, rather than focus simply on individual behavior or policy prescriptions. The existing paradigm has its own ethical norms and foundations, even if not widely understood or acknowledged. The norms and paradigm must shift together as part of the same process of critique.

Suggested Citation

  • Ann E. Davis, 2013. "Panglossian Paradox: How Paradigmatic Purity Compromises Policy Effectiveness," Forum for Social Economics, Taylor & Francis Journals, vol. 42(4), pages 346-358, November.
    • Handle: RePEc:taf:fosoec:v:42:y:2013:i:4:p:346-358
    DOI: 10.1080/07360932.2013.769893
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/07360932.2013.769893
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/07360932.2013.769893?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Poovey, Mary, 2008. "Genres of the Credit Economy," University of Chicago Press Economics Books, University of Chicago Press, number 9780226675336, December.
    2. McCloskey, Deirdre Nansen, 2006. "The Bourgeois Virtues," University of Chicago Press Economics Books, University of Chicago Press, number 9780226556635, December.
    3. Julie Nelson, 2007. "Economics for Humans:," Challenge, Taylor & Francis Journals, vol. 50(4), pages 17-25.
    4. Poovey, Mary, 2008. "Genres of the Credit Economy," University of Chicago Press Economics Books, University of Chicago Press, number 9780226675329.
    5. DeMartino, George F., 2011. "The Economist's Oath: On the Need for and Content of Professional Economic Ethics," OUP Catalogue, Oxford University Press, number 9780199730568.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ann Davis, 2012. "Panglossian Economics," Challenge, Taylor & Francis Journals, vol. 55(6), pages 67-87.
    2. Rick Wicks, 2012. "Assumption Without Representation: The Unacknowledged Abstraction from Communities and Social Goods," The American Economist, Sage Publications, vol. 57(1), pages 78-95, May.
    3. Taylor C. Nelms, 2012. "The Zombie Bank And The Magic Of Finance," Journal of Cultural Economy, Taylor & Francis Journals, vol. 5(2), pages 231-246, May.
    4. Braun, Benjamin, 2016. "Speaking to the people? Money, trust, and central bank legitimacy in the age of quantitative easing," MPIfG Discussion Paper 16/12, Max Planck Institute for the Study of Societies.
    5. Alissa G. Karl, 2013. "‘Bank Talk,’ Performativity And Financial Markets," Journal of Cultural Economy, Taylor & Francis Journals, vol. 6(1), pages 63-77, February.
    6. Saras D. Sarasvathy & Sankaran Venkataraman, 2011. "Entrepreneurship as Method: Open Questions for an Entrepreneurial Future," Entrepreneurship Theory and Practice, , vol. 35(1), pages 113-135, January.
    7. Altug Yalcintas & Isil Sirin Selcuk, 2016. "Research Ethics Education in Economics," Review of Social Economy, Taylor & Francis Journals, vol. 74(1), pages 53-74, March.
    8. John Frow, 2008. "Review Essay," Journal of Cultural Economy, Taylor & Francis Journals, vol. 1(3), pages 355-359, November.
    9. Peter Knight, 2013. "Introduction," Journal of Cultural Economy, Taylor & Francis Journals, vol. 6(1), pages 2-12, February.
    10. Alexandru Preda, 2012. "The Social Closure of the Stock Exchange," Chapters, in: Geoffrey Poitras (ed.), Handbook of Research on Stock Market Globalization, chapter 6, Edward Elgar Publishing.
    11. Madarász, Aladár, 2011. "Buborékok és legendák. Válságok és válságmagyarázatok - II/1. rész. A Déltengeri Társaság [Bubbles and myths, crises and explanations II/1: the South Sea bubble]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 909-948.
    12. Tim Newton, 2008. "Review Essay," Journal of Cultural Economy, Taylor & Francis Journals, vol. 1(3), pages 349-354, November.
    13. Peter Knight, 2013. "Reading The Ticker Tape In The Late Nineteenth-Century American Market," Journal of Cultural Economy, Taylor & Francis Journals, vol. 6(1), pages 45-62, February.
    14. Margaret Schabas & Carl Wennerlind, 2011. "Retrospectives: Hume on Money, Commerce, and the Science of Economics," Journal of Economic Perspectives, American Economic Association, vol. 25(3), pages 217-230, Summer.
    15. Mary Poovey, 2008. "Beneath The Horizon Of Cultural Visibility," Journal of Cultural Economy, Taylor & Francis Journals, vol. 1(3), pages 337-347, November.
    16. Julie A. Nelson, 2012. "Poisoning the Well, or How Economic Theory Damages Moral Imagination," GDAE Working Papers 12-07, GDAE, Tufts University.
    17. Nelson, Julie A., 2012. "Poisoning the Well, or How Economic Theory Damages Moral Imagination," Working Papers 179107, Tufts University, Global Development and Environment Institute.
    18. Andrew Lawson, 2013. "An Emotional History Of The Business Cycle," Journal of Cultural Economy, Taylor & Francis Journals, vol. 6(1), pages 30-44, February.
    19. Wicks, Rick, 2011. "Assumption without representation: the unacknowledged abstraction from communities and social goods," MPRA Paper 51674, University Library of Munich, Germany.
    20. Andrew Mearman & Sebastian Berger & Danielle Guizzo, 2016. "Curriculum reform in UK economics: a critique," Working Papers 20161611, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:fosoec:v:42:y:2013:i:4:p:346-358. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RFSE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.