JOURNAL ARTICLE
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The Complexity of Economies and Pluralism in Economics
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 137 (2017), Iss. 3 : pp. 193–225
1 Citations (CrossRef)
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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.
Cited By
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Evolutionary economic geography: the role of economics and why consilience matters
Dopfer, Kurt
Cambridge Journal of Regions, Economy and Society, Vol. 16 (2023), Iss. 3 P.599
https://doi.org/10.1093/cjres/rsad030 [Citations: 1]
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.