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The Reformation in Economics: A Deconstruction and Reconstruction of Economic Theory

Autor Philip Pilkington
en Limba Engleză Paperback – 22 noi 2016
This book carves the beginnings of a new path in the arguably weary discipline of economics. It combines a variety of perspectives – from the history of ideas to epistemology – in order to try to understand what has gone so wrong with economics and articulate a coherent way forward. This is undertaken through a dual path of deconstruction and reconstruction. Mainstream economics is broken down into many of its key component parts and the history of each of these parts is scrutinized closely. When the flaws are thoroughly understood the author then begins the task of reconstruction. What emerges is not a ‘Grand Unified Theory of Everything’, but rather a provisional map outlining a new terrain for economists to explore. The Reformation in Economics is written in a lively and engaging style that aims less at the formalization of dogma and more at the exploration of ideas. This truly groundbreaking work invites readers to rethink their current understanding of economics as a discipline and is particularly relevant for those interested in economic pluralism and alternative economics.
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Specificații

ISBN-13: 9783319407562
ISBN-10: 3319407562
Pagini: 360
Ilustrații: XV, 368 p. 21 illus., 19 illus. in color.
Dimensiuni: 148 x 210 x 24 mm
Greutate: 0.46 kg
Ediția:1st ed. 2016
Editura: Springer International Publishing
Colecția Palgrave Macmillan
Locul publicării:Cham, Switzerland

Cuprins

Section I: Ideology and Methodology.- 1. Economics: Ideology or Rationalistic Inquiry?.- 2. The Limiting Principle: A Short History of Ideology in 20th Century Economics.- 3. Deconstructing Marginalist Microeconomics.- 4. Methodology, Modelling and Bias in Economics.- Section II: Stripped-Down Macroeconomics.- 5. Differing Conceptions of Equilibrium in Economics.- 6. Theories of Money and Prices.- 7. Profits, Prices, Distribution and Demand.- 8. Finance and Investment.- Section III: Approaching the Real-World.- 9. Uncertainty and Probability in Economic Theory.- 10. Non-Dogmatic Approaches to the Economics of Trade.- Conclusion and Appendices.- 11. Conclusion.- 12. Philosophical and Psychological Appendices.


Notă biografică

Philip Pilkington is a research analyst working in investment management and focusing on macroeconomic research. Prior to working in investment management, Philip ran the popular Fixing the Economists blog and published regularly in various international publications on economic issues. He holds a masters degree in Economics from Kingston University, UK.

Textul de pe ultima copertă

This book carves the beginnings of a new path in the arguably weary discipline of economics. It combines a variety of perspectives – from the history of ideas to epistemology – in order to try to understand what has gone so wrong with economics and articulate a coherent way forward. This is undertaken through a dual path of deconstruction and reconstruction. Mainstream economics is broken down into many of its key component parts and the history of each of these parts is scrutinized closely. When the flaws are thoroughly understood the author then begins the task of reconstruction. What emerges is not a ‘Grand Unified Theory of Everything’, but rather a provisional map outlining a new terrain for economists to explore. The Reformation in Economics is written in a lively and engaging style that aims less at the formalization of dogma and more at the exploration of ideas. This truly groundbreaking work invites readers to rethink their current understanding of economics as a discipline and is particularly relevant for those interested in economic pluralism and alternative economics.

Caracteristici

Applies a perspective rooted in academia but delivered from a professional standpoint Presents an argument for changing the way economics is taught Challenges mainstream economics and forces readers to rethink their current understanding of the discipline