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The Economy in Context: A Value-Based Approach

The Economy in Context: A Value-Based Approach
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Year:    2020

Author:    Klamer, Arjo

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 140 (2020), Iss. 3-4 : pp. 287–300

Abstract

A more comprehensive picture, or imaginary in Charles Taylor’s term, puts the spheres of market and organizations in a broader perspective. It calls for new concepts – like shared and common goods or practices – and the willingness to contribute. We see that culture, in the sense of sense-making practices, matters a great deal, just as Deirdre McCloskey and Virgil Storr, among others, argue. By focusing on values, we see that people valorize their values not just by way of markets, but more so by way of different, non-market spheres. The article reflects a value-based approach to economics and the economy.

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Journal Article Details

Publisher Name:    Global Science Press

Language:    English

DOI:    https://doi.org/10.3790/schm.140.3-4.287

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 140 (2020), Iss. 3-4 : pp. 287–300

Published online:    2020-07

AMS Subject Headings:    Duncker & Humblot

Copyright:    COPYRIGHT: © Global Science Press

Pages:    14

Keywords:    A1 B5 Z1 Value-Based Approach Social Goods Cultural Goods Shared Goods Willingness to Contribute Culture Oikos

Author Details

Klamer, Arjo

  1. Realizing the Values of Art

    What Values Are, and How We Learn to Appreciate Them

    Dekker, Erwin

    Morea, Valeria

    2023

    https://doi.org/10.1007/978-3-031-24598-5_2 [Citations: 0]

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Section Title Page Action Price
Arjo Klamer: The Economy in Context: A Value-Based Approach 287
Abstract 287
1. Modern Social Imaginaries 288
2. A Broader Picture 290
3. The Immediate Payoff 294
4. The Need for Another Concept of the Good 295
5. Implications 287
6. Further Considerations 287
7. Conclusion 287
References 287