Diagnosing Economic Realisms

William J. Zanardi

Abstract



In response to the previous article and its invitation to functional collaboration, this essay identifies two competing versions of economic realism and uses the functional specialty dialectic to diagnose the origins of these different versions.  Four Nobel laureates in economics (Friedman and Buchanan, Sen and Yunus) supply two sets of competing views of rational agency and economic realism. 

Keywords


functional specialization, dialectic, economic philosophy, realism

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