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Klamer, A (2020). The Economy in Context: A Value-Based Approach. Journal of Contextual Economics – Schmollers Jahrbuch, 140(3-4), 287-300. https://doi.org/10.3790/schm.140.3-4.287
Klamer, Arjo (2020). "The Economy in Context: A Value-Based Approach" Journal of Contextual Economics – Schmollers Jahrbuch, vol. 140no. 3-4, 2020 pp. 287-300. https://doi.org/10.3790/schm.140.3-4.287
Klamer, A (2020). The Economy in Context: A Value-Based Approach. Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 140 (Issue 3-4), pp 287-300. https://doi.org/10.3790/schm.140.3-4.287

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The Economy in Context: A Value-Based Approach

Klamer, Arjo

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 140 (2020), Iss. 3-4 : pp. 287–300

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Arjo Klamer, Erasmus School of History, Culture and Communication, Department of Arts & Culture Studies, Erasmus University Rotterdam, Burg. Oudlaan 50, 3062 PA Rotterdam, Netherlands.

References

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Abstract

A more comprehensive picture, or imaginary in Charles Taylor’s term, puts the spheres of market and organizations in a broader perspective. It calls for new concepts – like shared and common goods or practices – and the willingness to contribute. We see that culture, in the sense of sense-making practices, matters a great deal, just as Deirdre McCloskey and Virgil Storr, among others, argue. By focusing on values, we see that people valorize their values not just by way of markets, but more so by way of different, non-market spheres. The article reflects a value-based approach to economics and the economy.

Table of Contents

Section Title Page Action Price
Arjo Klamer: The Economy in Context: A Value-Based Approach 287
Abstract 287
1. Modern Social Imaginaries 288
2. A Broader Picture 290
3. The Immediate Payoff 294
4. The Need for Another Concept of the Good 295
5. Implications 287
6. Further Considerations 287
7. Conclusion 287
References 287