On pragmatist institutional economics

There are two logics of the functioning of science as an institution: the logic of production and dissemination of knowledge oriented to solve existing socio-economic problems and the logic of survival of members of the profession. These two logics could contradict each other. The first logic corres...

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Видавець:Інститут телекомунікацій і глобального інформаційного простору НАН України
Дата:2015
Автор: Yefimov, V.
Формат: Стаття
Мова:English
Опубліковано: Інститут телекомунікацій і глобального інформаційного простору НАН України 2015
Назва видання:Математичне моделювання в економіці
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Онлайн доступ:http://dspace.nbuv.gov.ua/handle/123456789/131785
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Цитувати:On pragmatist institutional economics / V. Yefimov // Математичне моделювання в економіці. — 2015. — № 3(4). — С. 27-54. — Бібліогр.: 104 назв. — англ.

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Digital Library of Periodicals of National Academy of Sciences of Ukraine
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Резюме:There are two logics of the functioning of science as an institution: the logic of production and dissemination of knowledge oriented to solve existing socio-economic problems and the logic of survival of members of the profession. These two logics could contradict each other. The first logic corresponds to the fulfilment by the science of its social task. The second corresponds to aspirations of members of any social organism to survive as members of this organism. To our mind Pragmatist Institutional Economics can fulfil successfully its social task but could have enormous problems to become a normal science in the sense of Thomas Khun. Economic realities are very complex, determined to a large degree by cultural heritage but at the same time very dynamic. Knowledge concerning these realities for different countries, and even for different regions and different economic sectors inside the same countries, in different periods of time can hardly be presented on the basis of the same categories. It means that communication between members of the modern community of academic economists, which is to a great extent international, is difficult. In this situation advantages for career oriented academic economists for the creation of their professional communities on the basis of Cartesianism rather than Pragmatism are obvious. This paper is an appeal to economists to adopt the pragmatist method which, in its modern form related to social sciences, is Qualitative Research.