Affiliation:
1. Economics Department, Louisiana State University, Baton Rouge, LA 70803, USA
Abstract
The fallacy of misplaced concreteness is considered, following Whitehead, as a general difficulty in abstract conceptual thought. A connection to economic theory was made by Whitehead himself, although that was not his primary reason for investigating the fallacy. More recently Georgescu-Roegen has identified misplaced concreteness as the cardinal sin of standard economics. This article develops these points, and offers specific examples of this fallacy found in the works of several leading economists. In conclusion some rules of thumb for avoiding the fallacy of misplaced concreteness are offered.
Subject
Economics and Econometrics
Cited by
3 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献