The Programming Approach and the Demise of Economics : Volume II: Selected Testimonies on the Epistemological 'Overturning' of Economic Theory and Policy
2019 ed.
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This trilogy deals with an epistemology of economics, arguing for a radical overturning of conventional analysis and providing an alternative to political economy and social sciences, based not on positivism, but on a normative and programming paradigm.
Volume II builds on the work presented in Volume I to explore oppositions to the traditional and conventional teaching of economics, and presents testimonies that are favourable to a trend towards a programming approach, thereby giving substance to the epistemological ''overturning'' of conventional analysis. Such oppositions studied include the work of Ludvig von Mises and his theory of praxeology; Ian Tinbergen and Wassily Leontif''s preference for ''planning'' over ''forecasting science''; Bruno de Finetti and Daniel Bell''s support for the base of ''utopia'' in economics; the trend from the ''theory of planning'' towards the ''methodology of planning, by Andreas Faludi; neoclassic curiosity about the ''multi-purposes approach'' and ''non-economic commodities'' as investigated by Walter Isard, as well as theories expressed by Herbert Simon, Robert Lucas, George Soros and Mark Blaug.
Volume III takes studies further and presents a concrete and practical example of how to build a Planning Accounting Framework (PAF), as associated with Frisch''s ''plan-frame'' (explored in Volume II), to demonstrate the extent to which decisions and negotiations can be routed in the social sciences.
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