OpenEc
Economics and the "real-world": the case of the Portuguese Memorandum
The impact (or the lack of impact) of “real world” economic events and developments on “economic science” is the question that frames this project. The exploration in this project, however, is delimited in its scope. It focuses on the Portuguese troika memorandum, its policy implementation, the assessment of its consequences, and their feed-back effect on economic theories.
This exploratory study involves three main steps: 1) disclosing the articulation between the implicit ends and values of the Portuguese memorandum, its theoretical foundations, its policies and its measures of performance; 2) Examining the memorandum’s policy implementation, identifying its consequences and their putative feed-back effects on “economic science”; 3) Examining how features of reality perceived has problematic conform (or fail to conform) to stabilized conventions of quantification.
DINAMIA-CET | ISCTE - Instituto Universitário de Lisboa (ISCTE-IUL)
José Castro Caldas
Paulo Alexandre Chaves Coimbra
Tiago Santos Pereira
Vítor Neves