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Subjectivism in Economics and Philosophy

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Available open access digitally under CC-BY-NC-ND licence. Following on from The Hand Behind the Invisible Hand and A Realist Philosophy of Economics, this new book drawn from Karl Mittermaier’s wr...
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  • 24 June 2025
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Available open access digitally under CC-BY-NC-ND licence.

Following on from The Hand Behind the Invisible Hand and A Realist Philosophy of Economics, this new book drawn from Karl Mittermaier’s writings examines the intricate relationship between economic theory and real-world economic experiences.

Despite the centrality of subjectivism in both philosophy and economics, these fields have often overlooked each other's insights. Mittermaier challenges this disconnect, advocating for a shift from deterministic models to a more reflective approach in economics. He examines the historical, methodological and philosophical dimensions of economic theory, highlighting its struggle to connect economic theory to empirical data and individuals' lived experiences.

Originally penned between 1979 and 1982 and now published posthumously, this work remains a crucial contribution to contemporary economic discussions.

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Price: $127.95
Pages: 210
Publisher: Bristol University Press
Imprint: Bristol University Press
Publication Date: 24 June 2025
ISBN: 9781529250084
Format: Hardcover
BISACs: BUSINESS & ECONOMICS / Economics / Theory, Economic theory and philosophy, BUSINESS & ECONOMICS / Economic History, SCIENCE / Philosophy & Social Aspects, Economic history, Philosophy of science
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Karl Mittermaier (1938–2016) taught at the University of the Witwatersrand, Johannesburg, from 1967 until 2002 when he retired.

Foreword - Isabella Mittermaier

Preface - Tony Lawson

Prologue - Jochen Runde

Preamble: Re-orientating Economic Theory: Mittermaier’s Challenge to Conventional Approaches - Michael Stettler

1. Introduction

2. The Problem of Similarity

3. General and Particular Judgements

4. Subjectivism in Economics

5. Anthropinism