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Reflexivity, relative autonomy and the embedded individual in economics

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posted on 2023-08-30, 16:04 authored by Chris Fuller
This paper is about the mind of the embedded individual in heterodox economics. Beginning from Margaret Archer's analysis of modes of reflexivity and following the respective contributions of Geoff Hodgson and John Davis, the paper seeks to integrate into Archer's approach a place for habitual beliefs and an analysis of the ‘relative autonomy’ of the embedded individual. Archer's identification of modes of reflexivity is endorsed but her avoidance of any dispositional place for habit in the mind is questioned. It is argued that by excluding habits in this way, Archer, unlike Davis, implausibly assumes most individuals have achieved relative autonomy in their group associations. The essay develops an approach to the mind that articulates underlying relationships between habits and internal conversation, potentially enriching Archer's explanation of modes of reflexivity while locating Davis's notion of relative autonomy within that framework. Specific economic implications are then briefly considered.

History

Refereed

  • Yes

Volume

9

Issue number

1

Page range

109-129

Publication title

Journal of Institutional Economics

ISSN

1744-1382

Publisher

Cambridge University Press

File version

  • Accepted version

Language

  • eng

Legacy posted date

2019-02-27

Legacy creation date

2019-02-27

Legacy Faculty/School/Department

ARCHIVED Lord Ashcroft International Business School (until September 2018)

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