A philosophical look at Keynes and Hayek : semiotic paths to complexity / Maria Alejandra Madi.

Format:

Book

Author/Creator:

Madi, Maria Alejandra Caporale, 1959- author.

Language:

English

Subjects (All):

Keynesian economics.

Keynes, John Maynard, 1883-1946.

Keynes, John Maynard.

Hayek, Friedrich A. von (Friedrich August), 1899-1992.

Hayek, Friedrich A. von.

Physical Description:

1 online resource (167 pages)

Place of Publication:

Newcastle upon Tyne, England : Cambridge Scholars Publishing, [2020]

Summary:

This book examines the constructive crossing between philosophy, semiotics, and economics. The complexity of current socioeconomic policy problems demands revision of our conceptual outlooks and recognition of the importance of fresh insights into Keynes and Hayek in the context of capitalism and globalization, contributing to unprecedented social, political, and environmental challenges. Their contributions to economic theory, policy making and philosophical foundations are reconsidered here using the semiotic approach of Charles S. Peirce.The book provides accessible discussions on the role of semiotics in social sciences. Approaching philosophical problems using a semiotic approach requires overcoming and redefining preconceived ideas and conceptualizations of such problems. Throughout this work, the combination of Charles Peirce's philosophical background with Keynes's and Hayek's contributions, as influential economic thinkers, permits a multifaceted dialogue, creating new conceptual, theoretical and methodological frameworks, preparing the reader for relevant real-world debates. This text serves to renew the bond between philosophy, semiotics, and economics and to rethink the paths to complexity.

Contents:

Intro

Table of Contents

Preface

Acknowledgments

Introduction

A semiotic approach to economics

The book

Chapter One

Semiotic chains and the variety of interpretants

Semiotics and reality

Against a deterministic world-view

The contextual character of meaning and interpretation

Chapter Two

Direct and indirect knowledge

Realism and social sciences

Signs, money and the instability of capitalism

Chapter Three

Dispersed knowledge and market coordination

The empirical factor

Signs, market prices and the spontaneous order

Chapter Four

Emotions and human behaviour

On changing beliefs

Uncertainty and conventional judgment

Chapter Five

Cognition and bounded rationality

Market evolution and complexity

Spontaneity and fallibilism

Chapter Six

Keynes on the flaws of capitalism

Keynes on policy (de)sign as a vision

Hayek on the threats to Western civilization

Hayek on policy (de)sign as a fiction

Chapter Seven

Keynes on discretionary policies and regulation

Hayek on the "unholy marriage" and free banking

Chapter Eight

The ongoing debate

Semiosis, interpretations and representations

Semiotic mediations, time and change

(De) signing the future

Conclusion

The roots to complexity

The ontological and epistemic interconnections

What do Hayek and Keynes add to our understanding of complexity in economics?

Bibliography

Index.

Notes:

Description based on print version record.

ISBN:

1-5275-4825-2

OCLC:

1144886468