Economical questions indisputably occupy a central place in everyday life. In order to clarify these questions, people generally turn to those who are familiar with economics. In answering such legitimate questions, economists propose explanations which rest on a few principles among which the rationality principle is by far the most fundamental. This principle assumes that people are rational, but what is meant by this has to be specified. Rationality and Explanation in Economicsclaims that only a minimal kind of rationality is (...) required to ‘animate’ economic explanations. However, such a conception of rationality faces serious objections: it is closely associated with harshly criticised methodological individualism and it is not easily disentangled from sheer irrationality. The book answers these objections and shows that the economists’ way of mobilising the concepts of maximization or of consistency for defining rationality raises more serious problems. Since the latter have encouraged various attempts to downgrade or even to dispense with the very notion of rationality, the book is largely devoted to countering arguments associated with these attempts and to show why postulating that agents are rational is still the only efficient way to explain economic phenomena as such. The author also proposes original views about the role of rationality, the meaning of methodological individualism, the relevance of the selection argument and the relation between ‘rational’ explanations of economics and explanations in natural sciences. (shrink)

The Seven Stages of Purification and the Insight Knowledges. Matara Sri Nanarma Mahathera. Buddhist Publication Society, Kandy 1983. xii, 82 pp. $5.00.

This is a basic work for students specializing in philosophy & for any scholar studying the works of Sartre.

This book presents three of Blondel's important turn of the century articles. These are The Idealist Illusion, The Elementary Principle of a Logic of the Moral Life and in two parts, The Starting Point of Philosophy. These essays uncover a certain pragmatism in Blondel's thought while Fiachra Long's introduction argues that Blondel veered away from idealism and towards a logic of the concrete life which allied him closely if unwittingly with the Scottish common sense school of Thomas Reid.

Chapter Some topics in semantics Aims of this study The central preoccupation of this study is semantic. It is intended as a modest contribution to the ...

This Book Incorporates Prof. Friedman S Lectures And Discussions That Were A Part Of The Inter-Cultural Dialogue At Many Levels. His Major Contribution Is In Developing An Approach That Is Within The Framework Of The Human Image.