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1. Tradition and Discovery: The Polanyi Society Periodical: Volume > 41 > Issue: 2
Paul Lewis

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2. Tradition and Discovery: The Polanyi Society Periodical: Volume > 41 > Issue: 2

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3. Tradition and Discovery: The Polanyi Society Periodical: Volume > 41 > Issue: 2
Eduardo Beira

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This essay introduces Michael Polanyi’s 1936 lecture, “Visual Presentation of Social Matters,” which is an important document sketching Polanyi’s analysis of the need for education in economics. It led eventually to the creation of Polanyi’s 1940 film, Unemployment and Money, and Polanyi’s career change from chemistry to economics and philosophy. The lecture outlines Polanyi’s program to develop visual symbols that can be used in film to promote an understanding of modern complex economics for ordinary citizens. It makes clear Polanyi’s early effort to rehabilitate contemporary liberalism which he regarded as inadequate to promote a free society.
4. Tradition and Discovery: The Polanyi Society Periodical: Volume > 41 > Issue: 2
Michael Polanyi

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“Visual Presentation of Social Matters” is a 1936 Polanyi lecture, delivered to the Association for Education in Citizenship, which lies in the background of Polanyi’s 1940 film Unemployment and Money. Polanyi argues that the complex modern market system is misunderstood by ordinary citizens who subscribe to economic fallacies; this misunderstanding has contributed to violence and turmoil in the twentieth century. Polanyi proposes a program to discover a dynamic visual symbolism (“moving picture writing”) that he believes can clearly represent modern economic life, releasing ordinary people from economic fallacies and exasperation and creating “economic consciousness.” This economic enlightenment is part of Polanyi’s effort to rehabilitate liberalism. He envisions an economic order in which there is freedom and “complete co-ordination” which he suggests already exists in the domain of scientific research.
5. Tradition and Discovery: The Polanyi Society Periodical: Volume > 41 > Issue: 2
Richard W. Moodey

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In a 1936 lecture, Polanyi claimed too much for the efficacy of visual presentations of relations among economic things. His 1945 book, Full Employment and Free Trade was the last of his major publications in which he used many diagrams to illustrate his points. In that book, he stated his objective of trying to popularize the economic theory of John Maynard Keynes. But after 1945, he seems to have stopped trying to help people understand Keynesian theory, and in Personal Knowledge, his only references to Keynes are criticisms of some of his ideas about probability and statistics. He later moved away from writing about the economy as an isolated system, towards treating it as just one of the four major aspects of society.
6. Tradition and Discovery: The Polanyi Society Periodical: Volume > 41 > Issue: 2
Phil Mullins

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In this brief essay, I discuss some interesting elements of Michael Polanyi’s provocative 1936 lecture outlining the potential of diagramatic film to transform social thinking about the economic order. A few years later, Polanyi more carefully and convincingly returns to some themes identified here, as he articulates his criticisms of and recon­struction of liberalism.
7. Tradition and Discovery: The Polanyi Society Periodical: Volume > 41 > Issue: 2
Martin X. Moleski, SJ

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The author’s doctoral dissertation on the theological implications of the epistemologies of John Henry Newman (1801-1890) and Michael Polanyi (1891-1976) operated on the assumption that Polanyi’s work was independent of Newman’s. That assumption was wrong. Polanyi read Newman’s Grammar of Assent twice and took at least five pages of notes on it; he also had a copy of the book in his personal library when he died. He mentioned his reading to a friend, but indicated that he could not quote Newman because to do so would distort Newman’s meaning. The purpose of this essay is to defend the thesis that the similarities between the epistemologies are real and to speculate why diagramming the relationship between the two systems of thought was not a worthwhile project for Polanyi.

8. Tradition and Discovery: The Polanyi Society Periodical: Volume > 41 > Issue: 2

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9. Tradition and Discovery: The Polanyi Society Periodical: Volume > 41 > Issue: 2

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10. Tradition and Discovery: The Polanyi Society Periodical: Volume > 41 > Issue: 2

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