Preparing to Read Economic History Functionally

Michael Shute

The article explores Lonergan’s use of the word ‘transition’ in For a New Political Economy as a basis for examining how we might read history functionally. The essay stresses the importance of developing standard models in reading the history of economics and suggests that Lonergan’s work in economics provides just such a basis for developing standard models for both economics and general method.

Methodology, Metaphysics, Philosophy of History, standard economic model, functional specialization, Lonergan's economics.