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Rejoinder on animal spirits in Descartes and Keynes: a response to Kurt Smith

Author

Listed:
  • Sonya Marie SCOTT

    (Department of Social Science, York University, Toronto (Canada))

Abstract
This essay serves as a response to Kurt Smith, who wrote a philosophical and historical commentary on my 2018 essay entitled ‘Crises, confidence and animal spirits: exploring subjectivity in the dualism of Descartes and Keynes’ in The Journal of Philosophical Economics. It also provides a rejoinder to my original commentary on the role of animal spirits in relation to dualism in the work of Descartes and Keynes. I address Smith’s historical-philosophical response to my work in three ways. First, I revisit Gilbert Ryle’s concept of the intellectualist legend with respect to understanding the Cartesian tradition of thought and expand upon my own exegetical approach in order to clear up the thorny issue of determining and asserting authorial intention. Second, I address the problem of establishing analogies between texts and disciplines. In order to do so I will revisit my earlier critique of the concept of ‘the Economy’ and show that, contra to Smith’s reading, it is not in fact analogous to Descartes’ ‘human being.’ Finally, I open up a fresh exploration of the nature of the relationship between economic rationality and economic system, looking at the broader economic vision of Keynes and some of his notorious opponents – Ludwig von Mises and Friedrich Hayek.

Suggested Citation

  • Sonya Marie SCOTT, 2020. "Rejoinder on animal spirits in Descartes and Keynes: a response to Kurt Smith," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 13(2), pages 185-201, November.
    • Handle: RePEc:bus:jphile:v:13:y:2020:i:2:n:8
    as

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    References listed on IDEAS

    as
    1. Moggridge, D E, 1992. "The," Journal of Economic Perspectives, American Economic Association, vol. 6(3), pages 207-209, Summer.
    2. Patinkin, Don, 1990. "On different interpretations of the General Theory," Journal of Monetary Economics, Elsevier, vol. 26(2), pages 205-243, October.
    3. Kurt Smith, 2018. "Descartes and the notion of animal spirits: a brief historico-philosophical remark on Sonya Marie Scott’s ‘Crises, confidence, and animal spirits: exploring subjectivity in the dualism of Descartes an," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 11(2), pages 29-36, May.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    animal spirits; economic rationality; dualism; the Economy; epistemological subjectivity;
    All these keywords.

    JEL classification:

    • B00 - Schools of Economic Thought and Methodology - - General - - - History of Economic Thought, Methodology, and Heterodox Approaches

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