A recent post examined the Akerlof and Kranton formalization of identity within a rational choice framework. It is worth considering how this approach compares with Amartya Sen's arguments about "commitments" in "Rational Fools" (link). Sen's essay is a critique of the theory of narrow economic rationality to the extent that it is thought to realistically describe …
Mundane knowledge: Toronto street people
There is a lot of interesting stuff we encounter every day, if we stop to think. Often we don't have the knowledge necessary to make sense of it, so it remains interesting but opaque. And plainly each vignette has a dense set of social facts standing behind it that need to be teased out if …
Interdisciplinarity at the AAS
I'm attending the annual meeting of the Association for Asian Studies in Toronto, and it's a good working example of a non-discipline that brings together a wide range of disciplines and topics. But what is it that creates an affinity among all these scholars? It's certainly not methodology. There are financial specialists in attendance alongside …
Are mechanisms complex?
Source: D. Little, "Causal explanation in the social sciences" (link) A causal mechanism is (i) a particular configuration of conditions and processes that (ii) always or normally leads from one set of conditions to an outcome (iii) through the properties and powers of the events and entities in the domain of concern. This captures the …
Akerlof and Kranton on identity economics
George Akerlof and Rachel Kranton have collaborated for over ten years on a simple idea: is it possible to introduce the concept of social identity into the formal mechanics of mainstream economics? Can "identity" complement "interest" in the calculation of rational individual behavior? Their ideas were developed in several important articles: "Economics and Identity" (link), "Identity …
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Coleman on the elementary actor
James Coleman's work has had a major influence on an important strand of thinking in the social sciences since the publication of Foundations of Social Theory in 1990. He was a somewhat iconoclastic sociologist, in that his approach to social theory was grounded in an actor-centered view of the social world. He was a rational-choice theorist …
Ordinary and theoretical knowledge of capitalism
John Levi Martin argues in The Explanation of Social Action, among other things, that we need to understand the social world through the ways it is experienced by participants. "Sociology and its near kin have adopted an understanding of theoretical explanation that privileges 'third-person' explanations and, in particular, have decided that the best explanation is a …
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Response to Little by John Levi Martin
[John Levi Martin accepted my invitation to write a response to my discussion of his Explanation of Social Action (link). John is professor of sociology at the University of Chicago and author of Social Structures in addition to ESA. Thanks, John!] Response to Littleby John Levi Martin The Explanation of Social Action (henceforward, ESA) is a book …
Value-free economics?
A recent volume by Vivian Walsh and Hilary Putnam, The End of Value-Free Economics, brings to a fine point a line of argument that has been brewing for fifteen years: is the logical positivist insistence on separating "fact-based" science from "value-based" ethics any longer a tenable one? Most particularly, are there now compelling reasons for declaring that …
Levi Martin on explanation
John Levi Martin's The Explanation of Social Action is a severe critique of the role of "theory" in the social sciences. He thinks our uses of this construct follow from a bad conception of social explanation: we explain something by showing how it relates (often through law-like processes) to something radically different from the thing to …
Understanding Society 