What is Neoclassical Economics?

Debating the origins, meaning and significance

Business & Finance, Economics, Theory of Economics
Cover of the book What is Neoclassical Economics? by , Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781317334514
Publisher: Taylor and Francis Publication: November 19, 2015
Imprint: Routledge Language: English
Author:
ISBN: 9781317334514
Publisher: Taylor and Francis
Publication: November 19, 2015
Imprint: Routledge
Language: English

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?’. 

Few terms are as controversial for pluralist and heterodox economists as neoclassical economics. This controversy has many aspects because the term itself has different specifications and connotations. Within this multiplicity what we mean by neoclassical matters to pluralist and heterodox economists for two primary reasons. First, because it informs how we view and critique the mainstream; second, because the relationship between heterodox and mainstream economics influences how heterodox economists model, apply methods and construct theory. The chapters in this collection each have different things to say about these matters, with contributions ranging across the work of key thinkers, such as Thorstein Veblen and Kenneth Arrow, applied issues of non-linear modelling of dynamic systems, and key events in the history of economics.

This book will be of use to those interested in methodology, political economy, heterodoxy, and the history of economic thought.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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?’. 

Few terms are as controversial for pluralist and heterodox economists as neoclassical economics. This controversy has many aspects because the term itself has different specifications and connotations. Within this multiplicity what we mean by neoclassical matters to pluralist and heterodox economists for two primary reasons. First, because it informs how we view and critique the mainstream; second, because the relationship between heterodox and mainstream economics influences how heterodox economists model, apply methods and construct theory. The chapters in this collection each have different things to say about these matters, with contributions ranging across the work of key thinkers, such as Thorstein Veblen and Kenneth Arrow, applied issues of non-linear modelling of dynamic systems, and key events in the history of economics.

This book will be of use to those interested in methodology, political economy, heterodoxy, and the history of economic thought.

More books from Taylor and Francis

Cover of the book Must Inclusion be Special? by
Cover of the book Fred Dallmayr by
Cover of the book The Big Catch by
Cover of the book Design And Technology In Primary School Classrooms by
Cover of the book The United States and the European Union by
Cover of the book Economic Development in Saudi Arabia by
Cover of the book Merit Aid and the Politics of Education by
Cover of the book Rethinking the Concept of the Grotesque by
Cover of the book Time Frames by
Cover of the book The Mutual Construction of Statistics and Society by
Cover of the book Animal Spaces, Beastly Places by
Cover of the book The Voyages of Pedro Fernandez de Quiros, 1595 to 1606 by
Cover of the book Becoming Solution-Focused In Brief Therapy by
Cover of the book Domenico Ferrabosco, Il primo libro de madrigali a quatro voci (Venice, 1542) by
Cover of the book Human Rights and the Food Sovereignty Movement by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy