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Fine, B. (2001). Social Capital Versus Social Theory. London and New York: Routledge

The idea of Social Capital is an attempt to incorporate social considerations into mainstream economic thinking. Its proponents feel that social factors are properly quantifiable. So, they use the compex algebra and statistics beloved of mainstream economic theory and measure 'units' of health care or education in the same way that they would machinery or transport.
Ben Fine's main argument in this book is that such concers cannot be judged in terms of mathematical methods and that to try t odo so is overly simplistic.
Fine assesses the impact of Social Impact across the social sciences and shows how economic analysis is being subsumed into these areas and how thinking in sociology and politics impacts upon economics.

Authors

Fine, Ben

Ben Fine is Professor of Economics at the University of London's School of Oriental and African Studies. He is the author of a number of works in the broad tradition of heterodox economics, and has made contributions on economics and social capital. Perhaps his most significant book to date...

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