Franco Archibugi, "The Programming Approach and the Demise of Economics: Volume II: Selected Testimonies on the Epistemological `Overturnin"
English | ISBN: 331978059X | 2019 | 458 pages | EPUB, PDF | 798 KB + 4 MB
English | ISBN: 331978059X | 2019 | 458 pages | EPUB, PDF | 798 KB + 4 MB
This trilogy deals with an epistemology of economics, arguing for a radical overturning of conventional analysis and providing an alternative to political economy and social sciences, based not on positivism, but on a normative and programming paradigm.
Volume II builds on the work presented in Volume I to explore oppositions to the traditional and conventional teaching of economics, and presents testimonies that are favourable to a trend towards a programming approach, thereby giving substance to the epistemological `overturning` of conventional analysis. Such oppositions studied include the work of Ludvig von Mises and his theory of praxeology; Ian Tinbergen and Wassily Leontif`s preference for `planning` over `forecasting science`; Bruno de Finetti and Daniel Bell`s support for the base of `utopia` in economics; the trend from the `theory of planning` towards the `methodology of planning, by Andreas Faludi; neoclassic curiosity about the `multi-purposes approach` and `non-economic commodities` as investigated by Walter Isard, as well as theories expressed by Herbert Simon, Robert Lucas, George Soros and Mark Blaug.
Volume III takes studies further and presents a concrete and practical example of how to build a Planning Accounting Framework (PAF), as associated with Frisch`s `plan-frame` (explored in Volume II), to demonstrate the extent to which decisions and negotiations can be routed in the social sciences.