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- DescriptionDespite some diversification modern ecomics still attracts a great deal of criticism. This is largely due to highly unrealistic assumptions underpinning ecomic 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 ecomics. As a result, what we mean by neoclassical ecomics 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 ecomics?'. Few terms are as controversial for pluralist and heterodox ecomists as neoclassical ecomics. This controversy has many aspects because the term itself has different specifications and contations. Within this multiplicity what we mean by neoclassical matters to pluralist and heterodox ecomists for two primary reasons. First, because it informs how we view and critique the mainstream; second, because the relationship between heterodox and mainstream ecomics influences how heterodox ecomists 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 n-linear modelling of dynamic systems, and key events in the history of ecomics. This book will be of use to those interested in methodology, political ecomy, heterodoxy, and the history of ecomic thought.
- Author BiographyJamie Morgan is Reader at the School of Accounting, Finance and Economics, Leeds Beckett University, UK.
- PublisherTaylor & Francis Ltd
- Date of Publication07/12/2015
- SubjectEconomics: Textbooks & Study Guides
- Series TitleEconomics as Social Theory
- Place of PublicationLondon
- Country of PublicationUnited Kingdom
- Content Note6 black & white illustrations, 6 black & white line drawings
- Weight476 g
- Width156 mm
- Height234 mm
- Spine20 mm
- Edited byJamie Morgan
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