A multidisciplinary-economic framework of analysis

Human motivation offers energy, and circumstances offer possibilities. Only in combination, human motivation and circumstance yield action. Over time, desires and opportunities, to satisfy them closely, interact with one another. Orthodox economics analyzes economic motivation in interaction with sc...

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Autor principal:	Piet Keizer
Formato:	article
Lenguaje:	DE EN FR
Publicado:	Editura ASE Bucuresti 2017
Materias:	orthodox economics status self-respect irrationality immorality Economics as a science HB71-74
Acceso en línea:	https://doaj.org/article/0453978eaff6444bbaa491ee8585b519
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spelling	oai:doaj.org-article:0453978eaff6444bbaa491ee8585b5192021-12-02T02:46:46ZA multidisciplinary-economic framework of analysis1843-22981844-8208https://doaj.org/article/0453978eaff6444bbaa491ee8585b5192017-11-01T00:00:00Z https://jpe.ro/pdf.php?id=7958 https://doaj.org/toc/1843-2298https://doaj.org/toc/1844-8208Human motivation offers energy, and circumstances offer possibilities. Only in combination, human motivation and circumstance yield action. Over time, desires and opportunities, to satisfy them closely, interact with one another. Orthodox economics analyzes economic motivation in interaction with scarce natural resources. It assumes that perfect rationality and non-sociality create a so-called economic world and analyzes the economic mechanism of allocation of scarce resources. Neoclassical economists use this world as a theoretical foundation for their empirical research. Heterodox economics rejects this strategy of isolating one motivation, a strategy that ignores the psychic and the social problem. However, the heterodox idea of human motivation, being variable and endogenous, is badly analyzed. This leads the author to construct a psychic and a social world that is completely comparable with the agent-structure model of the economic world. The three isolated worlds are integrated by analyzing the interactions between the three worlds. In the integrated world, the economic structure, the psychic structure and the social structure are one another’s foundations. This human world gives familiar economic concepts such as utility, efficiency, rationality, price, value, cost and benefit, a different meaning. Similarly, psychic concepts such as Self, willpower and personality and social concepts such as status, power, culture and morality, are given different meanings. To make the model more realistic, it should be made dynamic and historical and be placed in the context of the world as an open system.Piet KeizerEditura ASE Bucurestiarticleorthodox economicsstatusself-respectirrationalityimmoralityEconomics as a scienceHB71-74DEENFRJournal of Philosophical Economics, Vol XI, Iss 1, Pp 103-132 (2017)
institution	DOAJ
collection	DOAJ
language	DE EN FR
topic	orthodox economics status self-respect irrationality immorality Economics as a science HB71-74
spellingShingle	orthodox economics status self-respect irrationality immorality Economics as a science HB71-74 Piet Keizer A multidisciplinary-economic framework of analysis
description	Human motivation offers energy, and circumstances offer possibilities. Only in combination, human motivation and circumstance yield action. Over time, desires and opportunities, to satisfy them closely, interact with one another. Orthodox economics analyzes economic motivation in interaction with scarce natural resources. It assumes that perfect rationality and non-sociality create a so-called economic world and analyzes the economic mechanism of allocation of scarce resources. Neoclassical economists use this world as a theoretical foundation for their empirical research. Heterodox economics rejects this strategy of isolating one motivation, a strategy that ignores the psychic and the social problem. However, the heterodox idea of human motivation, being variable and endogenous, is badly analyzed. This leads the author to construct a psychic and a social world that is completely comparable with the agent-structure model of the economic world. The three isolated worlds are integrated by analyzing the interactions between the three worlds. In the integrated world, the economic structure, the psychic structure and the social structure are one another’s foundations. This human world gives familiar economic concepts such as utility, efficiency, rationality, price, value, cost and benefit, a different meaning. Similarly, psychic concepts such as Self, willpower and personality and social concepts such as status, power, culture and morality, are given different meanings. To make the model more realistic, it should be made dynamic and historical and be placed in the context of the world as an open system.
format	article
author	Piet Keizer
author_facet	Piet Keizer
author_sort	Piet Keizer
title	A multidisciplinary-economic framework of analysis
title_short	A multidisciplinary-economic framework of analysis
title_full	A multidisciplinary-economic framework of analysis
title_fullStr	A multidisciplinary-economic framework of analysis
title_full_unstemmed	A multidisciplinary-economic framework of analysis
title_sort	multidisciplinary-economic framework of analysis
publisher	Editura ASE Bucuresti
publishDate	2017
url	https://doaj.org/article/0453978eaff6444bbaa491ee8585b519
work_keys_str_mv	AT pietkeizer amultidisciplinaryeconomicframeworkofanalysis AT pietkeizer multidisciplinaryeconomicframeworkofanalysis
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A multidisciplinary-economic framework of analysis

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