What Is Neoclassical Economics? Debating the Origins, Meaning and Significance |
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Editor:
| Morgan, Jamie |
Series title: | Economics as Social Theory Ser. |
ISBN: | 978-1-138-96209-5 |
Publication Date: | Nov 2015 |
Publisher: | Routledge
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Book Format: | Paperback |
List Price: | AUD $77.99 |
Book Description:
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Despite some diversification modern economics still attracts a great deal of criticism. This is largely due to highly unrealistic assumptions underpinning economic theory, explanatory failure, poor policy framing, and a dubious focus on prediction. Many argue that flaws continue to owe much of their shortcomings to neoclassical economics. As a result, what we mean by neoclassical economics remains a significant issue. This collection addresses the issue from a new perspective,...
More Description
Despite some diversification modern economics still attracts a great deal of criticism. This is largely due to highly unrealistic assumptions underpinning economic theory, explanatory failure, poor policy framing, and a dubious focus on prediction. Many argue that flaws continue to owe much of their shortcomings to neoclassical economics. As a result, what we mean by neoclassical economics remains a significant issue. This collection addresses the issue from a new perspective, taking as its point of departure Tony Lawson's essay 'What is this 'school' called neoclassical economics?'.