A reappraisal of Galbraith’s challenge to Consumer Sovereignty: preferences, welfare and the non-neutrality thesis
| Autor: | Alexandre Chirat |
|---|---|
| Přispěvatelé: | Triangle : action, discours, pensée politique et économique (TRIANGLE), Centre National de la Recherche Scientifique (CNRS)-Sciences Po Lyon - Institut d'études politiques de Lyon (IEP Lyon), Université de Lyon-Université de Lyon-Université Jean Monnet [Saint-Étienne] (UJM)-Université Lumière - Lyon 2 (UL2)-École normale supérieure - Lyon (ENS Lyon), EconomiX, Université Paris Nanterre (UPN)-Centre National de la Recherche Scientifique (CNRS), École normale supérieure de Lyon (ENS de Lyon)-Université Lumière - Lyon 2 (UL2)-Sciences Po Lyon - Institut d'études politiques de Lyon (IEP Lyon), Université de Lyon-Université de Lyon-Université Jean Monnet - Saint-Étienne (UJM)-Centre National de la Recherche Scientifique (CNRS) |
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
060106 history of social sciences
JEL: B - History of Economic Thought Methodology and Heterodox Approaches/B.B2 - History of Economic Thought since 1925/B.B2.B25 - Historical • Institutional • Evolutionary • Austrian media_common.quotation_subject Economics Econometrics and Finance (miscellaneous) Discount points [SHS]Humanities and Social Sciences History and Philosophy of Science Economics 0601 history and archaeology Positive economics preferences media_common Consumption (economics) consumers sovereignty General Arts and Humanities Galbraith JEL: E - Macroeconomics and Monetary Economics/E.E2 - Consumption Saving Production Investment Labor Markets and Informal Economy/E.E2.E21 - Consumption • Saving • Wealth 06 humanities and the arts JEL: M - Business Administration and Business Economics • Marketing • Accounting • Personnel Economics/M.M3 - Marketing and Advertising/M.M3.M37 - Advertising [SHS.ECO]Humanities and Social Sciences/Economics and Finance welfare value judgments [No keyword available] JEL: A - General Economics and Teaching/A.A1 - General Economics/A.A1.A13 - Relation of Economics to Social Values Consumer sovereignty Neutrality Exegesis JEL: H - Public Economics/H.H5 - National Government Expenditures and Related Policies/H.H5.H53 - Government Expenditures and Welfare Programs Welfare |
| Zdroj: | European Journal of the History of Economic Thought European Journal of the History of Economic Thought, Taylor & Francis (Routledge), 2020, 27 (2), pp.248-275. ⟨10.1080/09672567.2020.1720763⟩ European Journal of the History of Economic Thought, Taylor & Francis (Routledge), 2020, 27, pp.248-275 European Journal of the History of Economic Thought, 2020, 27 (2), pp.248-275. ⟨10.1080/09672567.2020.1720763⟩ |
| ISSN: | 0967-2567 1469-5936 |
| DOI: | 10.1080/09672567.2020.1720763⟩ |
| Popis: | International audience; "The aim of the paper is to provide an exegesis of Galbraith’s theory of consumption and the conception of preferences on which it is grounded, which has often been misunderstood. From the point of view of the history of economic thought, this paper sheds new light on the origins of Galbraith’s analysis of consumption. This reappraisal also leads us to show that the latter is bound to a challenge to the Consumer Sovereignty Principle. Consequently, Galbraith’s theory contradicts the logic underlying Welfare Economics. Thanks to this exegesis, I finally explain the rationale behind Galbraith’s endorsement of the thesis of non-neutrality on the problem of value judgments in economics, which is illustrated by his presidential address to the American Economic Association." |
| Databáze: | OpenAIRE |
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