Search results
The term "economic rationalism" is commonly used in criticism of free-market economic policies as amoral or asocial. In this context, it may be summarised as "the view that commercial activity... represents a sphere of activity in which moral considerations, beyond the rule of business probity dictated by enlightened self-interest , have no role to play" (Quiggin 1997).
- The Early Enlightenment: 1685-1730
- The High Enlightenment: 1730-1780
- The Late Enlightenment and Beyond: 1780-1815
The Enlightenment’s important 17th-century precursors included the Englishmen Francis Bacon and Thomas Hobbes, the Frenchman René Descartes and the key natural philosophers of the Scientific Revolution, including Galileo Galilei, Johannes Kepler and Gottfried Wilhelm Leibniz. Its roots are usually traced to 1680s England, where in the span of three...
Centered on the dialogues and publications of the French “philosophes” (Voltaire, Rousseau, Montesquieu, Buffon and Denis Diderot), the High Enlightenment might best be summed up by one historian’s summary of Voltaire’s “Philosophical Dictionary”: “a chaos of clear ideas.” Foremost among these was the notion that everything in the universe could be...
The French Revolution of 1789 was the culmination of the High Enlightenment vision of throwing out the old authorities to remake society along rational lines, but it devolved into bloody terror that showed the limits of its own ideas and led, a decade later, to the rise of Napoleon. Still, its goal of egalitarianism attracted the admiration of the ...
- Missy Sullivan
- 3 min
Oct 2, 2007 · – The purpose of this paper is to trace the development of economic theory to the point where “economic rationalism” is a commonly used term., – The paper draws on earlier research and published works examining: the history of economics; economic rationalism; and the different influences in comprising basic economic concepts., – The analysis of writing indicates that rationalism has ...
- Donald K. Gates, Peter Steane
- 2007
Economic Rationalism is loosely aligned to running a country as though it is a business. Inspired by powerful business interests that were strongly opposed to what they saw as government excess and inefficiency, economic rationalism set about rationalising government institutions.
Criticism. The term "economic rationalism" is commonly used in criticism of free-market economic policies as amoral or asocial. In this context, it may be summarised as "the view that commercial activity... represents a sphere of activity in which moral considerations, beyond the rule of business probity dictated by enlightened self-interest, have no role to play" (Quiggin 1997).
Sep 3, 2014 · Economic rationalism is not just about economics; its precepts, whilst relying on the supposed neutrality of economics, go far beyond the economic into the realm of the social, the political, and ...
People also ask
What is economic rationalism?
Where did economic rationality come from?
What policies do Economic rationalists support?
How did Keating justify economic rationalism?
How did the Enlightenment lead to Romanticism?
Jun 16, 2020 · At the same time, Keating argued that his economic policies would avoid social injustices. This contrasted with the outcomes of the extreme economic rationalism of the Thatcher and Reagan governments.
