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Gräbner, C. The Complexity of Economies and Pluralism in Economics. Journal of Contextual Economics – Schmollers Jahrbuch, 137(3), 193-225. https://doi.org/10.3790/jce.137.3.193
Gräbner, Claudius. "The Complexity of Economies and Pluralism in Economics" Journal of Contextual Economics – Schmollers Jahrbuch 137.3, , 193-225. https://doi.org/10.3790/jce.137.3.193
Gräbner, Claudius: The Complexity of Economies and Pluralism in Economics, in: Journal of Contextual Economics – Schmollers Jahrbuch, vol. 137, iss. 3, 193-225, [online] https://doi.org/10.3790/jce.137.3.193

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The Complexity of Economies and Pluralism in Economics

Gräbner, Claudius

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 137 (2017), Iss. 3 : pp. 193–225

6 Citations (CrossRef)

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Article Details

Author Details

Institute for the Comprehensive Analysis of the Economy (ICAE), Johannes Kepler University Linz, Aubrunnerweg 3a, 4040 Linz, Austria and ZOE. Institute for Inclusive and Sustainable Economies, Ehrental 48, 53332 Bornheim, Germany.

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Abstract

From the two premises that (1) economies are complex systems and (2) the accumulation of knowledge about reality is desirable, I derive the conclusion that pluralism with regard to economic research programs is a more viable position to hold than monism. To substantiate this claim an epistemological framework of how scholars study their objects of inquiry and relate their models to reality is discussed. Furthermore, it is argued that given the current institutions of our scientific system, economics self-organizes towards a state of scientific unity. Since such a state is epistemologically inferior to a state of plurality, critical intervention is desirable.

JEL Codes: A1, A2, B4