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The Origination of Choice

In: Business, Time and Thought

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  • Stephen F. Frowen

Abstract

With Cantillon economic theory came suddenly to full flower in one great work, as a description of business. Business depends on numerical comparisons, and thus economic theory took on at the outset the air of a quantitative science. Many of the notions involved were measurements of natural or technical processes to whose relations the principles of nature gave repetitive constancy. But Cantillon incisively made plain that these relations provided only the rules of the game, within which the play and its results were the work of thought, of knowledge and irremediable lack of knowledge, and of the powers of mind which exploit that lack. Business appears as technics, but behind this lies psychics. Imagination, the power of conceiving the unprecedented, the alchemy of thought, are liberated and ignited by mankind’s elemental predicament, human imprisonment in present time.

Suggested Citation

  • Stephen F. Frowen, 1988. "The Origination of Choice," Palgrave Macmillan Books, in: Stephen F. Frowen (ed.), Business, Time and Thought, chapter 1, pages 1-7, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-08100-4_1
    DOI: 10.1007/978-1-349-08100-4_1
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    Cited by:

    1. Pugno, Maurizio, 2014. "Scitovsky, behavioural economics, and beyond," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 8, pages 1-29.

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