Richard Whately and the Gospel of Transparency.(II. Arguing Economics: In Memory of Laurence Moss)(Critical essay): An article from: The American Journal of Economics and Sociology
Book Details
Author(s)David Levy, Sandra J. Peart
PublisherBlackwell Publishers Ltd.
ISBN / ASINB003BSEDD8
ISBN-13978B003BSEDD9
AvailabilityAvailable for download now
Sales Rank99,999,999
MarketplaceUnited States 🇺🇸
Description
This digital document is an article from The American Journal of Economics and Sociology, published by Blackwell Publishers Ltd. on January 1, 2010. The length of the article is 8897 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.
From the author: Whately is a difficult thinker, partly because he is competent in so many disciplines. Joseph Schumpeter, who straggled with Whatley's "elusive" greatness, saw a systematic core in Whately: the force behind Nassau Senior's axiomatics. Whately's contemporaries did not talk of axiomatics, but they did point out that his work depended upon an unusually small number of authorities, that is, Aristotle, Bacon, and Smith. In our interpretation, these foundational sources gave Whately three guiding principles to characterize all human activity: innate sociability, innate self-love, and costly mental activity. Self-love includes a desire to know and a desire to share knowledge. These principles, coupled with a normative principle of fairness, constitute the basis for his science of reciprocal exchange, or catallactics. Violations of fairness motivate his multidimensional reform proposals. For Whately, fairness requires transparency, and the demands of transparency for tractions is literally Gospel.
Citation Details
Title: Richard Whately and the Gospel of Transparency.(II. Arguing Economics: In Memory of Laurence Moss)(Critical essay)
Author: David Levy
Publication:The American Journal of Economics and Sociology (Magazine/Journal)
Date: January 1, 2010
Publisher: Blackwell Publishers Ltd.
Volume: 69 Issue: 1 Page: 166(22)
Article Type: Critical essay
Distributed by Gale, a part of Cengage Learning
From the author: Whately is a difficult thinker, partly because he is competent in so many disciplines. Joseph Schumpeter, who straggled with Whatley's "elusive" greatness, saw a systematic core in Whately: the force behind Nassau Senior's axiomatics. Whately's contemporaries did not talk of axiomatics, but they did point out that his work depended upon an unusually small number of authorities, that is, Aristotle, Bacon, and Smith. In our interpretation, these foundational sources gave Whately three guiding principles to characterize all human activity: innate sociability, innate self-love, and costly mental activity. Self-love includes a desire to know and a desire to share knowledge. These principles, coupled with a normative principle of fairness, constitute the basis for his science of reciprocal exchange, or catallactics. Violations of fairness motivate his multidimensional reform proposals. For Whately, fairness requires transparency, and the demands of transparency for tractions is literally Gospel.
Citation Details
Title: Richard Whately and the Gospel of Transparency.(II. Arguing Economics: In Memory of Laurence Moss)(Critical essay)
Author: David Levy
Publication:The American Journal of Economics and Sociology (Magazine/Journal)
Date: January 1, 2010
Publisher: Blackwell Publishers Ltd.
Volume: 69 Issue: 1 Page: 166(22)
Article Type: Critical essay
Distributed by Gale, a part of Cengage Learning
