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Seminar

Roberto Scazzieri: Political Economy of Economic Theory


23 Jan 2019, 5:00pm - 6:45pm

RHB-140, Richard Hoggart Building

Event overview

Cost Free
Department Institute of Management Studies
Contact M.Desmarais-Tremblay(@gold.ac.uk)

Catallactics or Plutology? Which approach to Political Economy?

This aim of the seminar is to outline the foundations of a political economy approach to economic theory and to chart lines of further research in the field. Its starting point will be the distinction between two fundamental approaches in economic theory: the exchange-based approach (Hicks's 'catallactics') and the production-based approach (Hicks's 'plutology'). It will be argued that catallactics and plutology highlight alternative economic arrangements for the provision of material needs and different political conditions for those economic arrangements to be feasible and implemented. These distinctions highlight different interfaces between the economic and political spheres and different approaches to the role of economic theory with respect to policy decisions.
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Roberto Scazzieri (DPhil, Oxon.) is Professor of Economic Analysis at the University of Bologna. He is a Corresponding Fellow of the National Lincei Academy, a Senior Member of Gonville and Caius College, and a Life Member of Clare Hall, Cambridge.
https://www.unibo.it/sitoweb/roberto.scazzieri/cv-en

Dates & times

Date Time Add to calendar
23 Jan 2019 5:00pm - 6:45pm
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