Essays on: The Nature and State of Modern Economics

Essays on: The Nature and State of Modern Economics

Author: Tony Lawson

Publisher: Routledge

Published: 2015-04-17

Total Pages: 276

ISBN-13: 1317530888

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What do modern academic economists do? What currently is mainstream economics? What is neoclassical economics? And how about heterodox economics? How do the central concerns of modern economists, whatever their associations or allegiances, relate to those traditionally taken up in the discipline? And how did economics arrive at its current state? These and various cognate questions and concerns are systematically pursued in this new book by Tony Lawson. The result is a collection of previously published and new papers distinguished in providing the only comprehensive and coherent account of these issues currently available. The financial crisis has not only revealed weaknesses of the capitalist economy but also highlighted just how limited and impoverished is modern academic economics. Despite the failings of the latter being more widely acknowledged now than ever, there is still an enormous amount of confusion about their source and true nature. In this collection, Tony Lawson also identifies the causes of the discipline’s failings and outlines a transformative solution to its deficiencies. Amongst other things, Lawson advocates for the adoption of a more historical and philosophical orientation to the study of economics, one that deemphasizes the current focus on mathematical modelling while maintaining a high level of analytical rigour. In so doing Lawson argues for a return to long term systematic and sustained projects, in the manner pursued by the likes of Marx, Veblen, Hayek and Keynes, concerned first and foremost with advancing our understanding of social reality. Overall, this forceful and persuasive collection represents a major intervention in the on-going debates about the nature, state and future direction of economics.


Book Synopsis Essays on: The Nature and State of Modern Economics by : Tony Lawson

Download or read book Essays on: The Nature and State of Modern Economics written by Tony Lawson and published by Routledge. This book was released on 2015-04-17 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: What do modern academic economists do? What currently is mainstream economics? What is neoclassical economics? And how about heterodox economics? How do the central concerns of modern economists, whatever their associations or allegiances, relate to those traditionally taken up in the discipline? And how did economics arrive at its current state? These and various cognate questions and concerns are systematically pursued in this new book by Tony Lawson. The result is a collection of previously published and new papers distinguished in providing the only comprehensive and coherent account of these issues currently available. The financial crisis has not only revealed weaknesses of the capitalist economy but also highlighted just how limited and impoverished is modern academic economics. Despite the failings of the latter being more widely acknowledged now than ever, there is still an enormous amount of confusion about their source and true nature. In this collection, Tony Lawson also identifies the causes of the discipline’s failings and outlines a transformative solution to its deficiencies. Amongst other things, Lawson advocates for the adoption of a more historical and philosophical orientation to the study of economics, one that deemphasizes the current focus on mathematical modelling while maintaining a high level of analytical rigour. In so doing Lawson argues for a return to long term systematic and sustained projects, in the manner pursued by the likes of Marx, Veblen, Hayek and Keynes, concerned first and foremost with advancing our understanding of social reality. Overall, this forceful and persuasive collection represents a major intervention in the on-going debates about the nature, state and future direction of economics.

Essays in Contemporary Economics

Essays in Contemporary Economics

Author: George C. Bitros

Publisher: Springer

Published: 2014-11-27

Total Pages: 235

ISBN-13: 3319100432

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This book is a collection of original essays grouped into four parts under the headings “Greece and European integration,” “Issues in the Methodology of Economics,” “Institutions and the Free Market Economy,” and “Insights for Today from Ancient Greece.” The essays appeal to both researchers in the corresponding fields of knowledge and also to policy makers who are looking for ideas and approaches to confront present day challenges. In particular, given the present state of turmoil in the European Union, the international economy, and democracies in general, most of the essays offer new insights for economic and social policies.


Book Synopsis Essays in Contemporary Economics by : George C. Bitros

Download or read book Essays in Contemporary Economics written by George C. Bitros and published by Springer. This book was released on 2014-11-27 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a collection of original essays grouped into four parts under the headings “Greece and European integration,” “Issues in the Methodology of Economics,” “Institutions and the Free Market Economy,” and “Insights for Today from Ancient Greece.” The essays appeal to both researchers in the corresponding fields of knowledge and also to policy makers who are looking for ideas and approaches to confront present day challenges. In particular, given the present state of turmoil in the European Union, the international economy, and democracies in general, most of the essays offer new insights for economic and social policies.

There's No Such Thing as "The Economy"

There's No Such Thing as

Author: Samuel A. Chambers

Publisher: punctum books

Published: 2018

Total Pages: 168

ISBN-13: 1947447890

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Every Economics textbook today teaches that questions of values and morality lie outside of, are in fact excluded from, the field of Economics and its proper domain of study, "the economy." Yet the dominant cultural and media narrative in response to major economic crisis is almost always one of moral outrage. How do we reconcile this tension or explain this paradox by which Economics seems to have both everything and nothing to do with values? The discipline of modern economics hypostatizes and continually reifies a domain it calls "the economy"; only this epistemic practice makes it possible to falsely separate the question of value from the broader inquiry into the economic. And only if we have first eliminated value from the domain of economics can we then transform stories of financial crisis or massive corporate corruption into simple tales of ethics. But if economic forces establish, transform, and maintain relations of value then it proves impossible to separate economics from questions of value, because value relations only come to be in the world by way of economic logics. This means that the "positive economics" spoken of so fondly in the textbooks is nothing more than a contradiction in terms, and as this book demonstrates, there's no such thing as "the economy." To grasp the basic logic of capital is to bring into view the unbreakable link between economics and value.


Book Synopsis There's No Such Thing as "The Economy" by : Samuel A. Chambers

Download or read book There's No Such Thing as "The Economy" written by Samuel A. Chambers and published by punctum books. This book was released on 2018 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every Economics textbook today teaches that questions of values and morality lie outside of, are in fact excluded from, the field of Economics and its proper domain of study, "the economy." Yet the dominant cultural and media narrative in response to major economic crisis is almost always one of moral outrage. How do we reconcile this tension or explain this paradox by which Economics seems to have both everything and nothing to do with values? The discipline of modern economics hypostatizes and continually reifies a domain it calls "the economy"; only this epistemic practice makes it possible to falsely separate the question of value from the broader inquiry into the economic. And only if we have first eliminated value from the domain of economics can we then transform stories of financial crisis or massive corporate corruption into simple tales of ethics. But if economic forces establish, transform, and maintain relations of value then it proves impossible to separate economics from questions of value, because value relations only come to be in the world by way of economic logics. This means that the "positive economics" spoken of so fondly in the textbooks is nothing more than a contradiction in terms, and as this book demonstrates, there's no such thing as "the economy." To grasp the basic logic of capital is to bring into view the unbreakable link between economics and value.

Essays in Contemporary Economic Problems

Essays in Contemporary Economic Problems

Author: William John Fellner

Publisher: Washington : American Enterprise Institute

Published: 1981-01-01

Total Pages: 350

ISBN-13: 9780844713410

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Book Synopsis Essays in Contemporary Economic Problems by : William John Fellner

Download or read book Essays in Contemporary Economic Problems written by William John Fellner and published by Washington : American Enterprise Institute. This book was released on 1981-01-01 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Essay on Economic Theory, An

Essay on Economic Theory, An

Author: Richard Cantillon

Publisher: Ludwig von Mises Institute

Published: 2010

Total Pages: 254

ISBN-13: 1610164601

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Book Synopsis Essay on Economic Theory, An by : Richard Cantillon

Download or read book Essay on Economic Theory, An written by Richard Cantillon and published by Ludwig von Mises Institute. This book was released on 2010 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt:

On Economics and Society

On Economics and Society

Author: Harry G. Johnson

Publisher: University of Chicago Press

Published: 1982-10

Total Pages: 372

ISBN-13: 9780226401638

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These essays, which make the science of economics intelligible to a general audience, are grouped into six areas: the relevance of economics; the "Keynesian revolution"; economics and the university; economics and contemporary problems; world inflation, money, trade, growth, and investment; and economics and the environment.


Book Synopsis On Economics and Society by : Harry G. Johnson

Download or read book On Economics and Society written by Harry G. Johnson and published by University of Chicago Press. This book was released on 1982-10 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: These essays, which make the science of economics intelligible to a general audience, are grouped into six areas: the relevance of economics; the "Keynesian revolution"; economics and the university; economics and contemporary problems; world inflation, money, trade, growth, and investment; and economics and the environment.

Economics for an Imperfect World

Economics for an Imperfect World

Author: Joseph E. Stiglitz

Publisher: MIT Press

Published: 2003

Total Pages: 722

ISBN-13: 9780262012058

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The focus of Joseph Stiglitz's work in economics throughout his long and distinguished career has been on the real world, with all of its imperfections.


Book Synopsis Economics for an Imperfect World by : Joseph E. Stiglitz

Download or read book Economics for an Imperfect World written by Joseph E. Stiglitz and published by MIT Press. This book was released on 2003 with total page 722 pages. Available in PDF, EPUB and Kindle. Book excerpt: The focus of Joseph Stiglitz's work in economics throughout his long and distinguished career has been on the real world, with all of its imperfections.

The Market Process

The Market Process

Author: Don Boudreaux

Publisher:

Published: 2018-12-05

Total Pages: 346

ISBN-13: 9781942951506

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"The Market Process" presents a series of important and innovative articles written by economists of the Austrian school. Covering the gamut of economic issues, including equilibrium theory, free banking, public choice, and the problems of contemporary social reform, the book is an ideal introduction to the diversity of contemporary Austrian economics and its innovative trajectory of research in the late 20th century.Drawing upon essays published in the journal "Market Process" during the 1980s, this book reflects an extended dialogue over the value and limitations of Austrian economics. It makes available to a wider audience contributions by some of the leading figures in the field. At the cutting edge of interdisciplinary research, it incorporates the latest developments in areas overlooked by neoclassical economists, including process analysis, methodological subjectivism, and phenomenological hermeneutics.This book should be of interest to all those who seek an alternative to formal, neoclassical economics, as well as other researchers in the social sciences who study exchange processes. In addition, it will be of general interest to Austrian and public choice economists as well as historians of economic thought.


Book Synopsis The Market Process by : Don Boudreaux

Download or read book The Market Process written by Don Boudreaux and published by . This book was released on 2018-12-05 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Market Process" presents a series of important and innovative articles written by economists of the Austrian school. Covering the gamut of economic issues, including equilibrium theory, free banking, public choice, and the problems of contemporary social reform, the book is an ideal introduction to the diversity of contemporary Austrian economics and its innovative trajectory of research in the late 20th century.Drawing upon essays published in the journal "Market Process" during the 1980s, this book reflects an extended dialogue over the value and limitations of Austrian economics. It makes available to a wider audience contributions by some of the leading figures in the field. At the cutting edge of interdisciplinary research, it incorporates the latest developments in areas overlooked by neoclassical economists, including process analysis, methodological subjectivism, and phenomenological hermeneutics.This book should be of interest to all those who seek an alternative to formal, neoclassical economics, as well as other researchers in the social sciences who study exchange processes. In addition, it will be of general interest to Austrian and public choice economists as well as historians of economic thought.

Moral Aspects of Economic Growth, and Other Essays

Moral Aspects of Economic Growth, and Other Essays

Author: Barrington Moore

Publisher: Cornell University Press

Published: 2018-03-15

Total Pages: 201

ISBN-13: 1501726420

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Barrington Moore, Jr., one of the most distinguished thinkers in critical theory and historical sociology, was long concerned with the prospects for freedom and decency in industrial society. The product of decades of reflection on issues of authority, inequality, and injustice, this volume analyzes fluctuating moral beliefs and behavior in political and economic affairs at different points in history, from the early Middle Ages in England to the prospects for liberalism under twentieth-century Soviet socialism. The social sources of antisocial behavior; principles of social inequality; and the origins, enemies, and possibilities of rational discussion in public affairs—these are among the topics Moore considers as he seeks to uncover the historical causes of some accepted forms of morality and to assess their social consequences. The keynote essay examines how moral codes grew out of commercial practices in England from medieval times through the industrial revolution. Moore pays special attention to conceptions of honesty and the temptation to evade that inform the volume as a whole. In the other essays, he considers particular political issues, viewing "political" in its broadest sense as an unequal distribution of power and authority that carries a strong moral charge. Free of preaching and advocacy, his work offers a rare reasonable assessment of the morality of major social institutions over time.


Book Synopsis Moral Aspects of Economic Growth, and Other Essays by : Barrington Moore

Download or read book Moral Aspects of Economic Growth, and Other Essays written by Barrington Moore and published by Cornell University Press. This book was released on 2018-03-15 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Barrington Moore, Jr., one of the most distinguished thinkers in critical theory and historical sociology, was long concerned with the prospects for freedom and decency in industrial society. The product of decades of reflection on issues of authority, inequality, and injustice, this volume analyzes fluctuating moral beliefs and behavior in political and economic affairs at different points in history, from the early Middle Ages in England to the prospects for liberalism under twentieth-century Soviet socialism. The social sources of antisocial behavior; principles of social inequality; and the origins, enemies, and possibilities of rational discussion in public affairs—these are among the topics Moore considers as he seeks to uncover the historical causes of some accepted forms of morality and to assess their social consequences. The keynote essay examines how moral codes grew out of commercial practices in England from medieval times through the industrial revolution. Moore pays special attention to conceptions of honesty and the temptation to evade that inform the volume as a whole. In the other essays, he considers particular political issues, viewing "political" in its broadest sense as an unequal distribution of power and authority that carries a strong moral charge. Free of preaching and advocacy, his work offers a rare reasonable assessment of the morality of major social institutions over time.

Economic Point of View

Economic Point of View

Author: Israel M. Kirzner

Publisher: Ludwig von Mises Institute

Published: 1960

Total Pages: 252

ISBN-13: 161016282X

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Book Synopsis Economic Point of View by : Israel M. Kirzner

Download or read book Economic Point of View written by Israel M. Kirzner and published by Ludwig von Mises Institute. This book was released on 1960 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: