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 Entrepreneurship in the Informal Economy by
Cover of the book Charles Dickens's Great Expectations by
Cover of the book Small Islands, Large Questions by
Cover of the book The Territories of the Russian Federation 2009 by
Cover of the book Rights, Cultures, Subjects and Citizens by
Cover of the book Pedagogical Tact by
Cover of the book Anthony Trollope by
Cover of the book Unconventional Wisdom by
Cover of the book The Emerging Politics of Antarctica by
Cover of the book Routledge Handbook of Landscape and Food by
Cover of the book The Personal Distribution of Incomes (Routledge Revivals) by
Cover of the book Scandal in a Small Town by
Cover of the book Some Account of the Trade in Slaves from Africa as Connected with Europe by
Cover of the book Teaching Discipline-Specific Literacies in Grades 6-12 by
Cover of the book Outsiders in the Greek Cities in the Fourth Century BC (Routledge Revivals) 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