The unexplored influences of modern physics on John R. Commons’ economic theory

ABSTRACT Previous works of John R. Commons’ interpreters have emphasized the influence of numerous theoretical-methodological references (e.g., pragmatism, evolutionism, etc.) in shaping his economic thought. However, almost no mention is made of the influence of particle and relativity physics, whi...

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Main Authors: SEBASTIÃO NETO RIBEIRO GUEDES, RODRIGO CONSTANTINO JERÔNIMO
Format: Article
Language:English
Published: Editora 34 2021-03-01
Series:Brazilian Journal of Political Economy
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572021000200333&tlng=en
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author SEBASTIÃO NETO RIBEIRO GUEDES
RODRIGO CONSTANTINO JERÔNIMO
author_facet SEBASTIÃO NETO RIBEIRO GUEDES
RODRIGO CONSTANTINO JERÔNIMO
author_sort SEBASTIÃO NETO RIBEIRO GUEDES
collection DOAJ
description ABSTRACT Previous works of John R. Commons’ interpreters have emphasized the influence of numerous theoretical-methodological references (e.g., pragmatism, evolutionism, etc.) in shaping his economic thought. However, almost no mention is made of the influence of particle and relativity physics, which, as we debate, provide sources of insights to his work. This paper explores these connections by showing that John R. Commons was not only interested in the advances of that science but was also inspired by them to produce parallels and analogies that allowed his theory to escape the pitfalls of individualism and determinism while incorporating time and space in an innovative way in the economic discourse.
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spelling doaj.art-4f64e489a698434d960476dcf4cc78832022-12-21T19:45:06ZengEditora 34Brazilian Journal of Political Economy1809-45382021-03-0141233335010.1590/0101-31572021-3170The unexplored influences of modern physics on John R. Commons’ economic theorySEBASTIÃO NETO RIBEIRO GUEDEShttps://orcid.org/0000-0001-5579-4985RODRIGO CONSTANTINO JERÔNIMOhttps://orcid.org/0000-0001-8808-8980ABSTRACT Previous works of John R. Commons’ interpreters have emphasized the influence of numerous theoretical-methodological references (e.g., pragmatism, evolutionism, etc.) in shaping his economic thought. However, almost no mention is made of the influence of particle and relativity physics, which, as we debate, provide sources of insights to his work. This paper explores these connections by showing that John R. Commons was not only interested in the advances of that science but was also inspired by them to produce parallels and analogies that allowed his theory to escape the pitfalls of individualism and determinism while incorporating time and space in an innovative way in the economic discourse.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572021000200333&tlng=enInstitutional economicsmodern physicsJohn R. Commons economic theory
spellingShingle SEBASTIÃO NETO RIBEIRO GUEDES
RODRIGO CONSTANTINO JERÔNIMO
The unexplored influences of modern physics on John R. Commons’ economic theory
Brazilian Journal of Political Economy
Institutional economics
modern physics
John R. Commons economic theory
title The unexplored influences of modern physics on John R. Commons’ economic theory
title_full The unexplored influences of modern physics on John R. Commons’ economic theory
title_fullStr The unexplored influences of modern physics on John R. Commons’ economic theory
title_full_unstemmed The unexplored influences of modern physics on John R. Commons’ economic theory
title_short The unexplored influences of modern physics on John R. Commons’ economic theory
title_sort unexplored influences of modern physics on john r commons economic theory
topic Institutional economics
modern physics
John R. Commons economic theory
url http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572021000200333&tlng=en
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