When I first read The Alchemy of Finance by George Soros, I thought his “theory of reflexivity” was absurd. It seemed to be an ex post facto. AA ~ George Soros (Trades, Portfolio) (via FT). The conceptual framework that Soros is referring to is reflexivity. Understanding what. In epistemology, and more specifically, the sociology of knowledge, reflexivity refers to circular . Economic philosopher George Soros, influenced by ideas put forward by his tutor, Karl Popper (), has been an active promoter of the.
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Reflexivity (social theory) – Wikipedia
From Wikipedia, the free encyclopedia. Reflexivity asserts that prices do in fact influence the fundamentals and that reflfxivity newly influenced set of fundamentals then proceed to change expectations, thus influencing prices; the process continues in a self-reinforcing pattern.
See also structure and agency and social mobility. More broadly, reflexivity is considered to occur when the observations or actions of observers in the social system affect the very situations they are observing, or theory being formulated is disseminated to and affects the behaviour of the individuals or systems the theory is meant to be objectively modelling.
Reflexivity about the research process became an important part of the critique of the colonial roots  and scientistic methods of anthropology in the “writing cultures”  movement associated with James Clifford and George Marcusas well as many other anthropologists. In social theoryreflexivity may occur when theories in a discipline should apply equally forcefully to the discipline itself, for example in the case that the theories of knowledge construction in the field of sociology of scientific knowledge should apply equally to knowledge construction by sociology of scientific knowledge practitioners, or when the subject matter of a discipline should apply equally well to the individual practitioners of that discipline, for example when psychological theory should explain the psychological mental processes of psychologists.
This is the opposite of the process described in textbooks and built into economic models, which always assume that financial expectations adapt to reality, refflexivity the other way round. Palgrave Macmillan Grunberg, E.
The second kind of reflexivity studied by anthropologists involves varieties of self-reference in which people and cultural practices call refleivity to themselves.
Bourdieu argued that the social scientist is inherently laden with biasesand only by becoming reflexively aware of those biases can the social scientists free themselves from them and aspire to the practice of an objective science. Reported Speech and Metapragmatics.
Moral Models in Anthropology.
The Misrepresentation of Anthropology and Its Consequences. Reflexivity gekrge emerged as both an issue and a solution in modern approaches to the problem of structure and agencyfor example in the work of Anthony Giddens in his structuration theory and Pierre Bourdieu in his genetic structuralism. The reflexive imperative in late modernity.
Reflexivity (social theory)
A high level of reflexivith reflexivity would be defined by an individual shaping their own norms, tastes, politics, desires, and so on. Invitation to a Reflexive Sociology. Sinhalese demons and Tewa clowns. They can play with, comment upon, debate, modify, and objectify culture through manipulating many different features in recognized ways.
London and Beverly Hills: Performative and Reflexive Anthropology. Because the pattern is self-reinforcing, markets tend towards disequilibrium. In equilibrium theory, prices in the long run at equilibrium reflect the underlying economic fundamentalswhich are unaffected by prices.
Key theories Actor—network theory Alliance theory Cross-cultural studies Cultural materialism Culture theory Diffusionism Feminism Historical particularism Boasian anthropology Functionalism Interpretive Performance studies Political economy Practice soroos Structuralism Post-structuralism Systems theory.
This points to a general feature of naturalised epistemologiesthat such theories of knowledge allow for specific fields of research to elucidate other fields as part of an overall self-reflective process: This is an instance of a positive feedback loop.
Archaeological Biological Cultural Linguistic Social. Any particular field of research occupied with aspects of knowledge processes in general e.
Within economicsreflexivity refers to the self-reinforcing effect of market sentiment, whereby rising prices attract buyers whose actions drive prices higher still until sotos process becomes unsustainable.
The study of reflexivity shows that people have both self-awareness and creativity in culture. Within sociology more broadly—the field of origin— reflexivity means an act of self-reference where examination or action “bends back on”, refers to, and affects the entity instigating the action or examination.
Foucault examines the history of Western thought since the Renaissance and argues that each historical epoch he identifies 3, while proposing a 4th has an epistemeor “a historical a priori “, that structures tueory organizes knowledge.
He finishes the book by posing the reflexifity of the age of man and our pursuit of knowledge- where “man is both knowing subject and the object of his own study”; thus, Foucault argues that the social sciences, far from being objective, produce truth in their own mutually exclusive discourses. Social Dramas and Stories about Them.
This is similar to the notion of autonomy. reflexviity
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As with the feminist and anti-colonial critiques that provide some of reflexive anthropology’s inspiration, the reflexive understanding of the academic and political power of representations, analysis of the process of retlexivity culture” has become a necessary part of understanding the situation of the ethnographer in the fieldwork situation.
New Frontiers in the Sociology of Knowledge. The Kenyon Review Vol.