The performativity thesis and the interactions between economic theories and social reality
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Data de Publicação: | 2021 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Nova Economia (Online) |
Texto Completo: | https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/5837 |
Resumo: | Abstract Originally proposed by philosopher of language John Austin, and later adapted by other social sciences, the performativity thesis has been known as a critique of the homo economicus of mainstream economics. The performativity of economics is the idea that economics gives birth to activities and markets in the economy (rather than merely describe or interpret them). This paper reviews arguments for and against performativity as a useful way of thinking about the economics-economy relationship. Following this survey, we put forward our interpretation, viz., an interactive approach to this subject. By doing so, we argue for its epistemological relevance for economic methodology, i.e., for understanding the relationship between theories and economic models and the events in the economy. Furthermore, we claim that because they are embedded in social reality, mainstream economic theories occupy a particularly resilient position. Keywords: economic theory; social reality; performativity of economics JEL Codes: A11, A14, B41 |
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The performativity thesis and the interactions between economic theories and social realityA tese da performatividade e as interações entre teorias econômicas e realidade socialAbstract Originally proposed by philosopher of language John Austin, and later adapted by other social sciences, the performativity thesis has been known as a critique of the homo economicus of mainstream economics. The performativity of economics is the idea that economics gives birth to activities and markets in the economy (rather than merely describe or interpret them). This paper reviews arguments for and against performativity as a useful way of thinking about the economics-economy relationship. Following this survey, we put forward our interpretation, viz., an interactive approach to this subject. By doing so, we argue for its epistemological relevance for economic methodology, i.e., for understanding the relationship between theories and economic models and the events in the economy. Furthermore, we claim that because they are embedded in social reality, mainstream economic theories occupy a particularly resilient position. Keywords: economic theory; social reality; performativity of economics JEL Codes: A11, A14, B41Resumo Proposta originalmente pelo filósofo da linguagem John Austin e posteriormente adotada em outras ciências sociais, a tese de performatividade ficou conhecida como uma crítica do homo economicus da teoria econômica mainstream. O que geralmente se entende por performatividade da economia é a ideia de que a teoria econômica cria atividades e mercados no sistema econômico (mais do que meramente os descreve ou interpreta). O artigo apresenta diversos argumentos favoráveis e contrários a esta tese como uma maneira útil de pensar a relação entre a teoria e o sistema econômico. Após essa revisão da literatura, apresentamos nossa interpretação, a saber, uma abordagem interativa do tema. Dessa forma, defendemos a relevância epistemológica da tese para a metodologia econômica, isto é, para o entendimento da relação entre teorias/modelos da ciência econômica e os eventos no mundo econômico. Além disso, argumentamos que, justamente por estarem enraizadas na realidade social, as teorias econômicas dominantes ocupam uma posição particularmente resiliente à crítica. Palavras-chave: teoria econômica, realidade social, performatividade da economia Códigos JEL: A11, A14, B41Departamento de Ciências Econômicas da UFMG2021-12-07info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttps://revistas.face.ufmg.br/index.php/novaeconomia/article/view/5837Nova Economia; Vol. 31 No. 2 (2021): Revista Nova Economia; 487-510Nova Economia; v. 31 n. 2 (2021): Revista Nova Economia; 487-5101980-53810103-6351reponame:Nova Economia (Online)instname:Universidade Federal de Minas Gerais (UFMG)instacron:UFMGenghttps://revistas.face.ufmg.br/index.php/novaeconomia/article/view/5837/3604Copyright (c) 2021 José Ricardo, Celso Neris, Rafael Galvão Almeidahttp://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessNeris, CelsoJosé RicardoAlmeida, Rafael Galvão2021-12-07T21:57:07Zoai:ojs.pkp.sfu.ca:article/5837Revistahttps://revistas.face.ufmg.br/index.php/novaeconomiaPUBhttps://revistas.face.ufmg.br/index.php/novaeconomia/oai||ne@face.ufmg.br1980-53810103-6351opendoar:2021-12-07T21:57:07Nova Economia (Online) - Universidade Federal de Minas Gerais (UFMG)false |
dc.title.none.fl_str_mv |
The performativity thesis and the interactions between economic theories and social reality A tese da performatividade e as interações entre teorias econômicas e realidade social |
title |
The performativity thesis and the interactions between economic theories and social reality |
spellingShingle |
The performativity thesis and the interactions between economic theories and social reality Neris, Celso |
title_short |
The performativity thesis and the interactions between economic theories and social reality |
title_full |
The performativity thesis and the interactions between economic theories and social reality |
title_fullStr |
The performativity thesis and the interactions between economic theories and social reality |
title_full_unstemmed |
The performativity thesis and the interactions between economic theories and social reality |
title_sort |
The performativity thesis and the interactions between economic theories and social reality |
author |
Neris, Celso |
author_facet |
Neris, Celso José Ricardo Almeida, Rafael Galvão |
author_role |
author |
author2 |
José Ricardo Almeida, Rafael Galvão |
author2_role |
author author |
dc.contributor.author.fl_str_mv |
Neris, Celso José Ricardo Almeida, Rafael Galvão |
description |
Abstract Originally proposed by philosopher of language John Austin, and later adapted by other social sciences, the performativity thesis has been known as a critique of the homo economicus of mainstream economics. The performativity of economics is the idea that economics gives birth to activities and markets in the economy (rather than merely describe or interpret them). This paper reviews arguments for and against performativity as a useful way of thinking about the economics-economy relationship. Following this survey, we put forward our interpretation, viz., an interactive approach to this subject. By doing so, we argue for its epistemological relevance for economic methodology, i.e., for understanding the relationship between theories and economic models and the events in the economy. Furthermore, we claim that because they are embedded in social reality, mainstream economic theories occupy a particularly resilient position. Keywords: economic theory; social reality; performativity of economics JEL Codes: A11, A14, B41 |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-12-07 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/5837 |
url |
https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/5837 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/5837/3604 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2021 José Ricardo, Celso Neris, Rafael Galvão Almeida http://creativecommons.org/licenses/by/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2021 José Ricardo, Celso Neris, Rafael Galvão Almeida http://creativecommons.org/licenses/by/4.0 |
eu_rights_str_mv |
openAccess |
dc.publisher.none.fl_str_mv |
Departamento de Ciências Econômicas da UFMG |
publisher.none.fl_str_mv |
Departamento de Ciências Econômicas da UFMG |
dc.source.none.fl_str_mv |
Nova Economia; Vol. 31 No. 2 (2021): Revista Nova Economia; 487-510 Nova Economia; v. 31 n. 2 (2021): Revista Nova Economia; 487-510 1980-5381 0103-6351 reponame:Nova Economia (Online) instname:Universidade Federal de Minas Gerais (UFMG) instacron:UFMG |
instname_str |
Universidade Federal de Minas Gerais (UFMG) |
instacron_str |
UFMG |
institution |
UFMG |
reponame_str |
Nova Economia (Online) |
collection |
Nova Economia (Online) |
repository.name.fl_str_mv |
Nova Economia (Online) - Universidade Federal de Minas Gerais (UFMG) |
repository.mail.fl_str_mv |
||ne@face.ufmg.br |
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1799711060282834944 |