Economics, civilisation, and knowledge
Author: Armour, Leslie
Source: International Journal of Social Economics, Volume 29, Number 8, 2002 , pp. 615-651(37)
Publisher: Emerald Group Publishing Limited
Abstract:Perhaps the greatest peril to civilisation is the fragmentation of knowledge. Science often lends itself to easy application to technology and our economic systems are the result of applying this knowledge to our resources. But our knowledge of how societies work lags significantly, and the economic system frequently multiplies our social problems. At the heart of the problem is the distinction between knowledge of universals - scientific laws for example - and knowledge of people, who are unique particulars. The paper examines some recent disputes in the social sciences and suggests how the gap might be filled and economic systems made more responsive to social problems.
Document Type: Research Article
Publication date: July 17, 2002