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substantive rationality

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Journal Article
History of Political Economy (2018) 50 (2): 289–320.
Published: 01 June 2018
... potential and actual outcomes in terms of what Weber called “substantive rationality.” It will then be argued that, while Neurath’s proposals for marketless socialism fell by the wayside, the point of implicit agreement between Neurath and Weber was recognized by K. William Kapp and made a central element...
Journal Article
History of Political Economy (2015) 47 (suppl_1): 227–252.
Published: 01 December 2015
... to a substantive rationality, that is, social minima. Hence, Kapp developed a genuinely social theory of social costs because it originated as an explicit defense of the substantive rationality of planning to prevent social costs and guarantee social minima, and became the foundation of a comprehensive theoretical...
Journal Article
History of Political Economy (1985) 17 (4): 575–590.
Published: 01 November 1985
... relationships and substantive rationality to the opposite. While it is applied directly to economic relationships, the concept of rationality came from a more general concern with human actions. Sub- stantive rationality is qualitative in nature. The measure of whether...
Journal Article
History of Political Economy (1983) 15 (1): 122–135.
Published: 01 March 1983
... with efficiency for the sake of machinery. It denies substantive rationality. Modern economics must finally realize that men by nature desire hap- piness. If you want a fact, there it is. They do not by nature desire to maximize their utility. That is an abstraction constructed by the social...
Journal Article
History of Political Economy (2016) 48 (suppl_1): 198–225.
Published: 01 December 2016
... of the Social Sciences , edited by Gould J. Kolb W. L. , 573 – 74 . Glencoe, Ill. : Free Press . ———. 1973 . “From Substantive to Procedural Rationality.” In Herbert A. Simon Collection . Pittsburgh : Carnegie Mellon University . ———. 1976 . “From Substantive to Procedural Rationality...
Journal Article
History of Political Economy (2014) 46 (1): 167–170.
Published: 01 March 2014
... actions and choices—such as the interplay between free trade and protectionism—where subjective knowledge plays a decisive role. Adopting Herbert Simon’s terminology, Ragni highlights the opposi- tion between, on the one hand, the substantive concept of rationality of Pareto’s con- struction...
Journal Article
History of Political Economy (2014) 46 (1): 171–172.
Published: 01 March 2014
...—such as the interplay between free trade and protectionism—where subjective knowledge plays a decisive role. Adopting Herbert Simon’s terminology, Ragni highlights the opposi- tion between, on the one hand, the substantive concept of rationality of Pareto’s con- struction of general equilibrium and, on the other...
Journal Article
History of Political Economy (2014) 46 (1): 172–176.
Published: 01 March 2014
... actions and choices—such as the interplay between free trade and protectionism—where subjective knowledge plays a decisive role. Adopting Herbert Simon’s terminology, Ragni highlights the opposi- tion between, on the one hand, the substantive concept of rationality of Pareto’s con- struction...
Journal Article
History of Political Economy (2000) 32 (4): 1017–1026.
Published: 01 November 2000
... the senses. In his magisterial Economy and Society ([1922] 1978), he argued that, not only were the formal and substantive rationalities of capitalism different, but they were at odds. The “bottom line” of accountancy for profit could, and often did, lead to economic failure (unemployment and the like...
Journal Article
History of Political Economy (2005) 37 (1): 27–59.
Published: 01 March 2005
... Economics in Honor of Oskar Morgenstern , edited by Robert J. Aumann et al., 11 -42. Mannheim: Bibliographisches Institut. ____. 1986 . Rationality and Bounded Rationality. Nancy L. Schwartz Lecture, delivered May 1986 at the J. L. Kellogg School of Management, Northwestern University. ____. 1997...
Journal Article
History of Political Economy (2020) 52 (2): 307–339.
Published: 01 April 2020
... and Perlman 1995: 1525 27). Kuznets s first step was rationalizing the underlying conceptual archi- tecture of income accounting. Following Mitchell s conception of the economy, Kuznets conceived national income as a magnitude that mea- sured substantive flows. National income could be gauged at three...
Journal Article
History of Political Economy (2005) 37 (Suppl_1): 393–423.
Published: 01 December 2005
... or a right price, whereas rightness is one of the cat- egories whose substantive content must be worked out. Culture matters, just as institutions matter; but whose culture, whose habits and mores, and which institutions? (4) A further dichotomy is that between con- structivist rule-making rationality...
Journal Article
History of Political Economy (2006) 38 (Suppl_1): 305–321.
Published: 01 December 2006
.... In addition, there is the practical challenge of overcoming the bounded rationality of economists in modeling the bounded rationality of economic agents. According to Ariel Rubinstein (1998, 4), for example, “One intriguing idea is that substantive rationality is actually a constraint on the modeler...
Journal Article
History of Political Economy (1976) 8 (2): 185–194.
Published: 01 June 1976
..., the rationalization of value and monetary theories was terminological rather than substantive because it was based on the observation that the terms “supply” and “demand” were assigned to money as well as to goods by both classical and neoclassical authorities.8 Marget missed the substantive...
Journal Article
History of Political Economy (1991) 23 (2): 193–219.
Published: 01 June 1991
... of Rationality in the Social Sciences. Zeitschrift für die gesamte Staatswissenschaft 140 : 597 -93. Shionoya , Yuichi 1989 . Schmollers Forschungsprogramm: eine methodologische Würdigung. In J. Backhaus, Y. Shionoya, and B. Schefold, Über Schmollers “Grundriss der allgemeinen...
Journal Article
History of Political Economy (1992) 24 (1): 264–267.
Published: 01 March 1992
..., “The Initial Statement: The System of the Mishnah and Its Economics,” the author asserts that his understanding of economics and its scope agrees with the common understanding, that is, as “systematic doctrines on rational action in regard to scarcity, encompassing a definition of wealth...
Journal Article
History of Political Economy (2004) 36 (3): 475–495.
Published: 01 September 2004
... discus- sions of substantive issues, in particular the issues of rationality and the- ory of costs (see Buchanan 1969). The main difficulty in understanding his contextualization of these problems is that he uses several different levels of analysis in order to link general propositions to more...
Journal Article
History of Political Economy (2002) 34 (4): 811–814.
Published: 01 November 2002
... shifts from production to consumption, from labor to pleasure, from the substantive to the formal, from value to price (41). Concerns about social welfare disappear, to be replaced by an analysis of individual efforts to pursue own desires and private interests. Utility ceases to be linked to needs...
Journal Article
History of Political Economy (1994) 26 (3): 513–515.
Published: 01 September 1994
... that are centered, respectively, in rational choice and econo- mizing (for example, Buchanan, Olson), power (Galbraith), the state (Skocpol), and justice (Nozick, Rawls). Throughout, the authors emphasize both differences and similarities among alternative views. A useful bibliography is appended. Chapter...
Journal Article
History of Political Economy (1985) 17 (1): 153–156.
Published: 01 March 1985
... as technical instru- ments appropriate for discovering the principles of an optimal allocation of re- sources. Concurrently, naturalization was accompanied by idealization: “The free market was claimed to present the perfect self-realization of individual rational- ity” (p. 164). The theoretical...