Kairological Economics

An Anthropocentric and Creative Theory of Political Economy and Management

Nonfiction, Social & Cultural Studies, Political Science
Cover of the book Kairological Economics by Nicolas Laos, Algora Publishing
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Author: Nicolas Laos ISBN: 9780875869537
Publisher: Algora Publishing Publication: December 15, 2009
Imprint: Algora Publishing Language: English
Author: Nicolas Laos
ISBN: 9780875869537
Publisher: Algora Publishing
Publication: December 15, 2009
Imprint: Algora Publishing
Language: English

Economic analysis underpins and informs economic decision-making, even if there is a lengthy lag between economic analysis and its gradual absorption into economic debate. Once established as common sense, a text of economic analysis becomes incredibly powerful, because it delineates not only what is the object of knowledge but also what it is sensible to talk about or suggest. If one thinks and acts outside the framework of the dominant text of economic analysis, he risks more than simply the judgment that his recommendations are wrong; his entire moral attitude may be ridiculed or seen as dangerous just because his theoretical assumptions are deemed unrealistic. Therefore, defining common sense and, in essence, what is ‘reality’ and ‘realistic’ is the ultimate act of political power. Economic analysis does not simply explain or predict, it tells us what possibilities exist for human action and intervention; it defines both our explanatory possibilities and our moral and practical horizons. Hence, ontology and epistemology matter, and the stakes are far more considerable than at first sight seem to be the case.

This is the main idea developed in the following chapters, as Dr. Laos leads readers through a pioneering way of looking at political economy.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Economic analysis underpins and informs economic decision-making, even if there is a lengthy lag between economic analysis and its gradual absorption into economic debate. Once established as common sense, a text of economic analysis becomes incredibly powerful, because it delineates not only what is the object of knowledge but also what it is sensible to talk about or suggest. If one thinks and acts outside the framework of the dominant text of economic analysis, he risks more than simply the judgment that his recommendations are wrong; his entire moral attitude may be ridiculed or seen as dangerous just because his theoretical assumptions are deemed unrealistic. Therefore, defining common sense and, in essence, what is ‘reality’ and ‘realistic’ is the ultimate act of political power. Economic analysis does not simply explain or predict, it tells us what possibilities exist for human action and intervention; it defines both our explanatory possibilities and our moral and practical horizons. Hence, ontology and epistemology matter, and the stakes are far more considerable than at first sight seem to be the case.

This is the main idea developed in the following chapters, as Dr. Laos leads readers through a pioneering way of looking at political economy.

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