This article overviews and illustrates the idea of rationality within traditional economic theory. It provides selected examples of a number of pertinent ideas of rationality from classical political economy and early and late neoclassical economics. Based on an exploratory historical analysis,...

This article focuses on Parsonian economic sociology and its actual or potential bridges and contributions to contemporary economics. These bridges are methodological or epistemological and theoretical or substantive ones. A relevant instance of the methodological bridges is socioeconomic...

This article reconsiders the status of profit-making in neoclassical economics. This reconsideration is based on a social-economic perspective as distinguished from the “pure” economic approach used by neoclassical theory. This paper argues that this perspective is more adequate, since it...

This paper makes a proposal for reintroducing sociological or social economics into contemporary economic science. Such a reintroduction is proposed to be substantive, by analyzing the social structuring of the economy, and formal, by including sociological/social economics in the current (JEL)...