
Why Economists Disagree
An Introduction to the Alternative Schools of Thought
- 415 pages
- English
- PDF
- Available on iOS & Android
About this book
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.
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Table of contents
- Why Economists Disagree: An Introduction to the Alternative Schools of Thought
- Contents
- Acknowledgments
- Introduction: Why Economists Disagree: The Role of the Alternative Schools of Thought
- Chapter 1: Time and Money: The Universals of Macroeconomic Theorizing
- Chapter 2: The Driving Force of the Market: The Ideaof "Competition" in Contemporary Economic Theory and in the Austrian Th eory of the Market Process
- Chapter 3: From Mises to Shackle: An Essay on Austrian Economics and the Kaleidic Society
- Chapter 4: Reviving Keynes's Revolution
- Chapter 5: An Essay on Post-Keynesian Theory: A New Paradigm in Economics
- Chapter 6: The Nature of Post Keynesianism and Its Links to Other Traditions
- Chapter 7: Institutional Economic Theory: The Old Versus the New
- Chapter 8: Social Economics: A Solidarist Perspective
- Chapter 9: Comparison of Marxism and Institutionalism
- Chapter 10: Postmodernism, Marxism, and the Critique of Modern Economic Thought
- Chapter 11: Toward a Socialism for the Future, in the Wake of the Demise of the Socialism of the Past
- Chapter 12: The Feminist Challenge to Neoclassical Economics
- Chapter 13: Against Parsimony: Three Ways of Complicating Some Categories of Economic Discourse
- Chapter 14: The Methodology of Economics and the Case for Policy Diffidence and Restraint
- Chapter 15: The Rhetoric of Disagreement
- Further Readings in the Alternative Schools of Thought: A Bibliographical Essay
- Contributors
- Index