Skip to main content Accessibility help
×
Hostname: page-component-78c5997874-s2hrs Total loading time: 0 Render date: 2024-11-09T09:30:51.013Z Has data issue: false hasContentIssue false

3 - Debates within political economy

Published online by Cambridge University Press:  05 March 2015

Richard Bronk
Affiliation:
London School of Economics and Political Science
Get access

Summary

The fashion for a simplified dialectical representation of the history of ideas and contemporary culture has waned somewhat since the 1950s when F. R. Leavis, C. P. Snow and others followed the lead of J. S. Mill and nineteenth-century German philosophy. Nevertheless, there is plenty of evidence to suggest that in many important respects the modern outlook is still riven by a cultural and intellectual schism between Romanticism and most scientific versions of rationalism. There remains an important dissonance between visions structured according to organic metaphors and those structured by mechanical metaphors; there remains an unresolved tension between models of human motivation that stress the role of sentiment and self-creation and those that reduce it to the constrained but rational optimization of preferences; and there remains a disjunction between the claims of art and imagination, on the one hand, and formal scientific methods and calculating reason, on the other. It is a key premiss of this book that this great cultural and intellectual divide has impoverished the science of economics by depriving it of full access to the most important lessons of Romanticism, despite the bridge-building efforts of Mill and others. Nevertheless, as this chapter should make clear, it would be quite wrong to underestimate either the range of debate within the emerging discipline of economics over the last two hundred and fifty years or the extent to which it has already taken on board at least some aspects of the Romantic critique of rationalism.

Type
Chapter
Information
The Romantic Economist
Imagination in Economics
, pp. 57 - 83
Publisher: Cambridge University Press
Print publication year: 2009

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×