Why Economists Disagree
433 pages
English

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433 pages
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Description

Economists disagree. They disagree over policy, prediction, and matters of pure theory. They even disagree over why they disagree. Why Economists Disagree demonstrates that the "crisis" of contemporary economics may actually be a sign of healthy disagreement and fresh thinking over the nature and scope of economic theory and policy.

Since the 1980s, several dissenting schools of thought have emerged that offer serious methodological and theoretical challenges to mainstream economics. Why Economists Disagree provides a convenient introduction to Austrian, Post Keynesian, Institutionalist, Feminist, Marxist, and other heterodox alternatives to neoclassical economics. Written by eminent economists within each tradition, the book's chapters convey both the main characteristics, the controversies, and disagreement within each school of thought.

Contributors include Jack Amariglio, Paul Davidson, William M. Dugger, Alfred S. Eichner, Roger W. Garrison, Albert O. Hirschman, Geoffrey M. Hodgson, Israel M. Kirzner, Arjo Klamer, J.A. Kregel, Ludwig M. Lachmann, Tony Lawson, Deirdre McCloskey, David F. Ruccio, Warren J. Samuels, Howard J. Sherman, William R. Waters, Thomas E. Weisskopf, and Frances R. Woolley.

Acknowledgments

Introduction: Why Economists Disagree: The Role of the Alternative Schools of Thought
David L. Prychitko

Part I. Austrian Economics and the Market Process

1. Time and Money: The Universals of Macroeconomic Theorizing
Roger W. Garrison

2. The Driving Force of the Market: The Idea of "Competition" in Contemporary Economic Theory and in the Austrian Theory of the Market Process
Israel M. Kirzner

3. From Mises to Shackle: An Essay on Austrian Economics and the Kaleidic Society
Ludwig M. Lachmann

Part II. Post-Keynesian Economics for an Uncertain World

4. Reviving Keynes's Revolution
Paul Davidson

5. An Essay on Post-Keynesian Theory: A New Paradigm on Economics
Alfred S. Eichner and J.A. Kregel

6. The Nature of Post Keynesianism and Its Links to Other Traditions
Tony Lawson

Part III. Beyond the Market: Social and Institutional Economics

7. Institutional Economic Theory: The Old Versus the New
Geoffrey M. Hodgson

8. Social Economics: A Solidarist Perspective
William R. Waters

9. Comparison of Marxism and Institutionalism
William M. Dugger and Howard J. Sherman

Part IV. The Changing Face of Radical Political Economy

10. Postmodernism, Marxism, and the Critique of Modern Economic Thought
Jack Amariglio and David F. Ruccio

11. Toward a Socialism for the Future, in the Wake of the Demise of the Socialism of the Past
Thomas E. Weisskopf

Part V. Where Do We Go From Here? New Philosophical Issues

12. The Feminist Challenge to Neoclassical Economics
Frances R. Woolley

13. Against Parsimony: Three Ways of Complicating Some Categories of Economic Discourse
Albert O. Hirschman

14. The Methodology of Economics and the Case for Policy Diffidence and Restraint
Warren J. Samuels

15. The Rhetoric of Disagreement
Arjo Klamer and Deirdre McCloskey

Further Readings in the Alternative Schools of Thought: A Bibliographic Essay
David L. Prychitko

Contributors

Index

Sujets

Informations

Publié par
Date de parution 25 novembre 1997
Nombre de lectures 0
EAN13 9781438416571
Langue English
Poids de l'ouvrage 128 Mo

Informations légales : prix de location à la page 0,1848€. Cette information est donnée uniquement à titre indicatif conformément à la législation en vigueur.

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