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Individuals, Institutions, Interpretations: Hermeneutics Applied to Economics

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This text seeks to correct the tendency of economics to be unaffected by literature. It explores the relationship between contemporary hermeneutics and economic theory and suggests that economics can and should open itself to a historical interpretive account of human action. The book contains methodological writings that critically explore the relationship between individual choice and institutional intersubjectivity, as well as theoretical applications which reinterpret market processes as creators and disseminators of contextualized, tacit knowledge.… (more)
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This text seeks to correct the tendency of economics to be unaffected by literature. It explores the relationship between contemporary hermeneutics and economic theory and suggests that economics can and should open itself to a historical interpretive account of human action. The book contains methodological writings that critically explore the relationship between individual choice and institutional intersubjectivity, as well as theoretical applications which reinterpret market processes as creators and disseminators of contextualized, tacit knowledge.

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