Document Type

Article

Publication Date

2025

Publisher

Taylor & Francis

Source Publication

Journal of Economic Methodology

Source ISSN

1350-178X

Original Item ID

DOI: 10.1080/1350178X.2025.2555825

Abstract

Mainstream economics ignores who produces it and what it is about because its average man, Homo economicus ontological entry-point obscures social differences between people. Philosophy and Methodology of Economics that assumes this ontological entry point generally limits itself to epistemological analysis, and this means it fails to make diversity a fundamental concern. Taking diversity seriously entails being clear about one's ontological assumptions, and this requires being clear about the normative scope of one's analysis. This calls for giving up a value-neutral methodological reasoning and adopting a value-explicit methodological posture. To illustrate, we describe how Stratification economics with its social groups ontological entry-point shows societies are structured around hierarchical social group rankings that differentiate people according to their social identity status. We explain this in both micro-level and macro-level terms, show that together they produce systems of inclusion and exclusion, and argue that this raises issues of equality and justice.

Comments

Accepted version. Journal of Economic Methodology, 2025. DOI. Online before print.

© 2025 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. The terms on which this article has been published allow the posting of the Accepted Manuscript in a repository by the author(s) or with their consent.

Creative Commons License

Creative Commons Attribution 4.0 International License
This work is licensed under a Creative Commons Attribution 4.0 International License.

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