The Economic Thought of Michael Polanyi (Routledge Studies in the History of Economics)

Michael Polanyi is most famous for his work in chemistry and the philosophy of science, but in the 1930s and 1940s he made an important contribution to economics. Drawing on rich archival materials of Polanyi and his correspondents, Gábor Bíró explores their competing worldviews and their struggles to popularize their visions of the economy, economic expertise and democracy. Special focus is given to Polanyi’s pioneering economics film and postmodern ideas. This volume will be of interest to advanced students and researchers of the history of economics, philosophy of science, and science and technology studies. "Michael Polanyi is most famous for his work in chemistry and the philosophy of science, but in the 1930s and 1940s he made an important contribution to economics. Drawing on rich archival materials of Polanyi and his correspondents, Gábor Biró explores their competing worldviews and their struggles to popularise their visions of the economy, economic expertise and democracy. Special focus is given to Polanyi's pioneering economics film and postmodern ideas. This volume will be of interest to advanced students and researchers of the history of economics, philosophy of science, and science and technology studies"-- Provided by publisher Michael Polanyi is most famous for his work in chemistry and the philosophy of science, but in the 1930s and 1940s he made an important contribution to economics. Drawing on rich archival materials on Polanyi and his correspondents, Gábor Biró explores their competing worldviews and their struggles to popularise their visions of the economy, economic expertise and democracy. Special focus is given to Polanyi's pioneering economics film and postmodern ideas. This volume will be of interest to advanced students and researchers of the history of economics, philosophy of science, and science and technology studies. Cover Half Title Series Page Title Page Copyright Page Dedication Table of Contents Acknowledgements Introduction 1 Polanyi’s work against extreme liberalism and socialist planning 2 The first economics film 3 Rival schools of thought in the 1930s and 1940s 4 Polanyi’s visual method 5 Correspondence on the spirituality of science and economics 6 Economic evil and machineness 7 Epilogue: towards a Polanyian personal economics Bibliography Index