Quotation Spash, Clive L. 2019. SEE beyond substantive economics: Avoiding false dichotomies. Ecological Economics. 165 1-6.


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Abstract

The proposal has been put forward that ecological economics seek to become substantive economics (Gerber and Scheidel 2018). This raises important issues about the content and direction of ecological economics. The division of economics into either substantive or formal derives from the work of Karl Polanyi. In developing his ideas Polanyi employed a definition from Menger and combined this with Tönnies theory of historical evolution. In this paper I explore why the resulting substantive vs. formal dichotomy is problematic. In particular the article exposes the way in which trying to impose this dichotomy on history of economic thought and epistemology leads to further false dichotomies. Besides Polanyi, the positions of other important thinkers informing social ecological economics (SEE) are discussed including Neurath, Kapp and Georgescu-Roegen. The aim is to clarify the future direction of ecological economics and the role in that future of ideas raised under the topic of substantive economics.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Ecological Economics
Citation Index SSCI
WU Journalrating 2009 A
WU-Journal-Rating new FIN-A, STRAT-B, VW-C, WH-B
Language English
Title SEE beyond substantive economics: Avoiding false dichotomies
Volume 165
Year 2019
Page from 1
Page to 6
Reviewed? Y
DOI https://doi.org/10.1016/j.ecolecon.2019.106370
Open Access N

Associations

People
Spash, Clive L. (Details)
Organization
Institute for Multi-Level Governance and Development IN (Details)
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