Tag: institutions

  • A dialogue on republicanism

    Abstract

    Two interlocutors, Philip Pettit and a student, are exchanging views on liberal political and economic philosophy during lunch at Prospect House, the faculty club of Princeton. The dialogue begins with clarifications of the notion of liberty, and, against objections of the student, Pettit introduces and defends his own conception of freedom as non-domination rather than as non-interference. It proceeds with an exchange of arguments regarding the different kinds of institutional settings that entrench liberty and all the other things valued by humans. The interlocutors reach a preliminary consensus that in order to substantiate the republican ideal of freedom as non-domination in concrete institutional realities, two things are required : the establishment of a mixed constitution – so that no single, unconstrained body can exercise lawmaking and other government functions – as well as eternal vigilance on the part of the citizens. The second part of the dialogue deals with a major challenge to the republican political philosophy expressed by the student : the issue of non-domination in markets, which is diagnosed as an important lacuna in republican thought.

    JEL Codes : B52, D72, D74, P16.

    Keywords

    [See the article on Cairn]

  • Fondements pragmatistes de l’institutionnalisme en économie. Théorie de la connaissance et théorie de l’action chez Veblen et Commons

    Abstract

    The aim of this article is to show that Veblen and Commons’ Institutional Economics is an original translation of philosophical pragmatism in social science. The link between pragmatism and institutionalism is analyzed at two relied levels:  the first concerns the conception of science and reality; the second concerns the conception of economic rationality and human behavior in society. We underline that the pragmatist vision about processes of thought linked to action and experience imply a renewal of the method as well as the subject of knowledge in economics, renewal which is characteristic of old institutionalism.

    Keywords

    JEL Classification: A12, B31, B40, B52