@article{bf4812271dff4e52b534c1b8614db7c2,
title = "Intangible flow theory",
abstract = "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.",
keywords = "intangible flow, materiality, intangibility , human capital, embeddedness, performativity",
author = "Tiago Cardao-Pito",
year = "2011",
month = apr,
doi = "10.1111/j.1536-7150.2012.00833.x",
language = "English",
volume = "71",
pages = "328--353",
journal = "American Journal of Economics and Sociology ",
number = "2",
}