Sen, Sraffa and the revival of classical political economy

Journal of Economic Methodology 19 (2):143 - 157 (2012)
  Copy   BIBTEX

Abstract

In his new book The Idea of Justice, Amartya Sen argues that political theory should not consist only in the characterisation of ideal situations of perfect justice. In so doing, Sen is making, within the context of political theory, a similar argument to another he also made in economic theory, when crtiticising what he called the ?rational fool? of mainstream economics. Sen criticised the ideal and fictitious agent of mainstream economics, while advocating for a return to an integrated view of ethics and economics, which characterised many classical political economists who inspired Sen's theory of justice, from Adam Smith to Karl Marx. I will examine Sen's revival of classical political economy, and argue that a revival of classical political economy, which was undertaken earlier by Piero Sraffa, has much potential for bringing a more plural and realist perspective to economics

Other Versions

No versions found

Links

PhilArchive



    Upload a copy of this work     Papers currently archived: 103,388

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Analytics

Added to PP
2012-06-24

Downloads
57 (#393,182)

6 months
6 (#572,300)

Historical graph of downloads
How can I increase my downloads?

Citations of this work

The Nature of the Cambridge Heterodoxy.Nuno Ornelas Martins - 2013 - Revue de Philosophie Économique 14 (1):49-71.

Add more citations

References found in this work

The Theory of Moral Sentiments.Adam Smith - 1759 - Mineola, N.Y.: Dover Publications. Edited by Elizabeth Schmidt Radcliffe, Richard McCarty, Fritz Allhoff & Anand Vaidya.
The collapse of the fact/value dichotomy and other essays.Hilary Putnam - 2002 - Cambridge, MA: Harvard University Press.
Commodities and Capabilities.Amartya Sen - 1985 - Oxford University Press India.

View all 15 references / Add more references