Diagnosing Economic Realisms

Authors

  • William J. Zanardi St. Edward's University

Keywords:

functional specialization, dialectic, economic philosophy, realism

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. 

Author Biography

William J. Zanardi, St. Edward's University

William J. Zanardi is Professor of Philosophy at St. Edward’s University in Austin, Texas.  His annual Honors Seminar, “Ethics and Economics,” makes use of Lonergan’s two works on macroeconomics.  His current research and writing projects focus on understanding ordered liberty and on experimenting with two of the functional specialties, history and dialectic.

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Issue

Vol. 5 (2010): Functional Specialization and Economics

Section

Articles