UNIGE document Scientific Article
previous document  unige:97605  next document
add to browser collection
Title

The virtual reality of the invisible hand

Author
Published in Social Science Information. 2016, vol. 55, no. 1, p. 115-134
Abstract Self-centred based explanations such as invisible-hand accounts look like armchair constructions with no relevance to the real world. Whether and how they nonetheless provide an insight into social reality is a puzzling matter. Philip Pettit’s idea of self- interest virtually bearing on choices offers the prospect of a solution. In order to assess the latter we first distinguish between three variants of invisible-hand explanations, namely: a normative, an historical and a theoretical one. We then show that, while the model of virtual self-interest is a helpful gloss on each variant, it may not convincingly succeed, pace Pettit, in reconciling the economic mind with the common mind.
Keywords Carl MengerInvisible-hand explanationPhilip PettitResilienceSelf-interest
Identifiers
Full text
Structures
Research group Thumos
Projects FNS: PMPDP1_145534
FNS: PMPDP1_145534
Citation
(ISO format)
DAYER-TIEFFENBACH, Emma. The virtual reality of the invisible hand. In: Social Science Information, 2016, vol. 55, n° 1, p. 115-134. https://archive-ouverte.unige.ch/unige:97605

17 hits

2 downloads

Update

Deposited on : 2017-10-11

Export document
Format :
Citation style :