Hegel, Institutions and Economics ― Performing the Social

"Hegel's philosophy witnessed periods of revival and oblivion, at times considered to be an unrivalled and all-embracing system of thought, but often renounced with no less ardour. In this book, the dialogue with Hegel is renewed by looking at his legacyas a source of insight and judgement that helps us rethink contemporary economics. The key contributions of this Hegelian perspective lead to the synthesis of traditional approaches and new ideas gained in economic experiments. Ethics of recognition is paired with the ethics of associations that supports moral principles and gives them true, concrete universality. This general strategy is exemplified in the book by the analyses of specific institutions, such as individual preferences, money, incentive schemes, and regulations of international trade. By providing a new conceptual apparatus and reformulating the theory of institutions, this book claims to present a new meaning both to Hegel as interpreted from today, and to the social sciences.This book goes beyond the limits of philosophical discussion and becomes a decisive reference for economists, sociologists, political scientists, and other scholars who study the consequences of human sociality, as well as trying to explore and design the institutions necessary for a worthy common life"--

Carsten Herrmann-Pillath is a Professor of Economics and Academic Director of the East West Centre for Business Studies and Cultural Science at the Frankfurt School of Finance and Management, Germany

Ivan Boldyrev is an Associate Professor, National Research University Higher School of Economics, and Visiting Researcher, Humboldt University, Berlin.