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The Romantic Economist_ Imagination in Economics (2009).pdf
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Contents
Preface page xi
Acknowledgements xvi
1 Preface to The Romantic Economist 1
1 The Romantic and imaginative aspects
of economics 1
2 Romantic Economist: neither revolutionary nor mainstream 7
3 Using the history of ideas 11
4 Wordsworth and Marshall 15
5 The structuring role of metaphor 22
6 Romantic economics prefigured 25
part i the prelude: the romantic economist and the history of ideas 29
2 The great divide 31
1 Mill on Bentham and Coleridge 31
2 Nervous breakdown of an economist 37
3 The philosophy and history of two cultures 40
4 Mill and a bridge too short 50
3 Debates within political economy 57
1 Smith and the emergence of a discipline 59
2 Recurring disagreements 67
3 The triumph of social physics and Rational Choice 78
4 Lessons from Romanticism 84
1 Interdependent themes and lessons 87
2 Unity and fragments 103
part ii fragments of unity: romantic economics
in practice 117
5 Using organic metaphors in economics 119
1 Economic models of interdependence and growth 122
2 Complexity Theory: moving towards a new template 128
3 The lessons of organicism 133
4 Some applications of the organic metaphor 141
6 Economics and the nation state 149
1 National versus universal solutions 149
2 Early advocates of national economics 154
3 Varieties of Capitalism and beyond 158
4 Globa lisation and nation al econ omics 168
7 Incommensurable values 172
1 No single scale of value 172
2 The measurement and ethical definition of policy success 180
3 Consistency and indifference 190
8 Imagination and creativity in markets 196
1 The nature of imagination 198
2 The economy as creative process 207
3 Imagination and the microfoundations of economics 214
9 Homo romanticus and other homines 225
1 Homo economicus through thick and thin 225
2 Homo economicus in symbiosis with homo romanticus 234
3 Homo sociologicus: cohabiting with cousins 241
4 The role of sentiment and sympathy 247
5 ‘Superman’ and self-creation in economics 252
10 Imagination and perspective in economics 256
1 After Kant: a disconcerting or liberating philosophy? 256
2 Reading the interpretations that structure social reality 263
3 Kuhn, imagination and the nature of paradigms 267
4 The creative use of metaphor 273
5 Romantic pointers to best research practice 276
11 The Romantic Economist: conclusion 288
Notes 305
Bibliography 354
Index 367
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