This comprehensive second edition of The Elgar Companion to Social Economics presents an overview of a dynamic and … growing field in economics that emphasizes the key role that values play in the economy and in economic life. Social economics … treats the economy and economics as being embedded in the larger web of social and ethical relationships. It also regards …

This paper addresses objectivity in economics. It criticizes a closed science, "view from nowhere" conception of … economics and defends an open science, "view from somewhere" conception of objective science. It ascribes the first conception … to mainstream economics, associates it with its principle practices – reductionist modeling, formalization, limited …