Abstract
| Language | English |
|---|---|
| Pages | 328-353 |
| Number of pages | 26 |
| Journal | American Journal of Economics and Sociology |
| Volume | 71 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - Apr 2011 |
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Keywords
- intangible flow
- materiality
- intangibility
- human capital
- embeddedness
- performativity
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Intangible flow theory. / Cardao-Pito, Tiago.
In: American Journal of Economics and Sociology , Vol. 71, No. 2, 04.2011, p. 328-353.Research output: Contribution to journal › Article
TY - JOUR
T1 - Intangible flow theory
AU - Cardao-Pito, Tiago
PY - 2011/4
Y1 - 2011/4
N2 - The intangible flow theory explains that flows of economic material elements (such as physical goods; or cash) are consummated by human related intangible flows (such as work flows; service flows; information flows; or communicational flows) that cannot be precisely appraised at an actual or approximate value, and have properties precluding them from being classified as assets or capitals. Therefore, although mathematical/quantitative research methodologies are very relevant for science, they are insufficient to study economy and society. Due to its prejudice against non mathematical/quantitative scientific reasoning, neo-classic economics could not be technologically prepared to reach the intangible flow dynamics of economic phenomena. Furthermore, the neo-classic solution to call people human assets or human capital, besides being ethically very questionable, offers performative non-scientific metaphors that intervene in the production of the reality they claim to represent; and sabotages the study of well delimited research questions by scientific approaches outside the realm of neoclassic economics.
AB - The intangible flow theory explains that flows of economic material elements (such as physical goods; or cash) are consummated by human related intangible flows (such as work flows; service flows; information flows; or communicational flows) that cannot be precisely appraised at an actual or approximate value, and have properties precluding them from being classified as assets or capitals. Therefore, although mathematical/quantitative research methodologies are very relevant for science, they are insufficient to study economy and society. Due to its prejudice against non mathematical/quantitative scientific reasoning, neo-classic economics could not be technologically prepared to reach the intangible flow dynamics of economic phenomena. Furthermore, the neo-classic solution to call people human assets or human capital, besides being ethically very questionable, offers performative non-scientific metaphors that intervene in the production of the reality they claim to represent; and sabotages the study of well delimited research questions by scientific approaches outside the realm of neoclassic economics.
KW - intangible flow
KW - materiality
KW - intangibility
KW - human capital
KW - embeddedness
KW - performativity
UR - http://www.scopus.com/inward/record.url?scp=84859355822&partnerID=8YFLogxK
U2 - 10.1111/j.1536-7150.2012.00833.x
DO - 10.1111/j.1536-7150.2012.00833.x
M3 - Article
VL - 71
SP - 328
EP - 353
JO - American Journal of Economics and Sociology
T2 - American Journal of Economics and Sociology
JF - American Journal of Economics and Sociology
SN - 0002-9246
IS - 2
ER -