The Complexity of Economies and Pluralism in Economics | Zendy

Claudius Gräbner | Zendy

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The Complexity of Economies and Pluralism in Economics

Author(s) -

Claudius Gräbner

Publication year - 2017

Publication title -

journal of contextual economics – schmollers jahrbuch

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.114

H-Index - 1

eISSN - 2568-762X

pISSN - 2568-7603

DOI - 10.3790/jce.137.3.193

Subject(s) - monism , pluralism (philosophy) , state (computer science) , epistemology , positive economics , economics , sociology , neoclassical economics , political science , philosophy , mathematics , algorithm

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 I discuss an epistemological framework of how scholars study their objects of inquiry and relate their models to reality. Furthermore, I argue 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.

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