ABSTRACT

Our exploration of structuralist and individualist ontologies in economic analysis shows that current debates about the type of macroeconomic policy to follow in developing countries (or, for that matter, developed ones, given that development discourse is constituted via the non-West's difference from the West) remains unresolvable. This is because the debate is, at root, about the ontological priors of economic analysis. And ontological priors, by the way they set up their own discursive terrains and objects and logics of analysis, are not subject to proof in the positivist sense of that term. They can, at most, be verified—or going further, made actual through the material effects of the actions and policies their theories generate. I conclude by first providing a short discussion of the current state of the CDD, and then providing a broader discussion of the implications of this book's analysis for the project of doing economics.