By Paul Lewis
ISBN-10: 0415369665
ISBN-13: 9780415369664
Economics has develop into polarised. at the one hand there's a physique of economists who difficulty themselves with progressing their self-discipline through an expanding use of mathematical modelling. however, there are economists who think passionately that during order for economics to be beneficial it must take account of its historical past, its impression on society and its actual global applications.The individuals to this e-book repair their scholarly glare at the heterodox component of economics, and specifically upon serious realist methods to the topic. specialists from various views have come jointly in those pages to check the impression and usability of severe realism relating to different spheres inside economics.Notable for its contributions from such exotic figures as Clive Granger, Edward J. Nell and Peter J. Boettke - this ebook merits to discover a prepared viewers around the economics spectrum.
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Extra resources for Transforming Economics: Perspectives on the Critical Realist Project (Economics As Social Theory)
Sample text
2001a) ‘Economics and Explanation’, Revue Internationale de Philosophie, 217: 371–93. ’, in P. Arestis, M. Desai and S. Dow (eds) Methodology, Microeconomics and Keynes: Essays in Honour of Vicky Chick, London and New York: Routledge. —— (2002) ‘Should Economics Be an Evolutionary Science? Veblen’s Concern and Philosophical Legacy’, Journal of Economic Issues, 26: 279–92. —— (2003) Reorienting Economics, London and New York: Routledge. Layder, D. (1997) Modern Social Theory: Key Debates and New Directions, London: UCL Press.
Similarly many Post Keynesians are keen to emphasise the methodological distinctiveness of the Post Keynesian project and stress the importance of reflecting on such issues. A key aspect of such deliberations is the contention that the mainstream methodology conceals the impact of historical processes for theory and analysis and obscures the salience of uncertainty for economic outcomes. Moreover, there is the related point that while purporting to be the science of choice, orthodox economics effectively denies the reality and significance of real human choice.
Pratten, S. (1993) ‘Structure, Agency and Marx’s Analysis of the Labour Process’, Review of Political Economy, 5: 403–26. —— (1998) ‘Marshall on Tendencies, Equilibrium and the Statical Method’, History of Political Economy, 30: 121–63. —— (1999) ‘The “Closure” Assumption as a First Step: Neo-Ricardian Economics and Post-Keynesianism’, in S. ) Critical Realism in Economics: Development and Debate, London and New York: Routledge. J. J. Caldwell and S. Boehm (eds) Austrian Economics: Tensions and New Directions, Dordrecht: Kluwer Academic Publishers.
Transforming Economics: Perspectives on the Critical Realist Project (Economics As Social Theory) by Paul Lewis
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