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Uneconomic Economics and the Crisis of the Model World

af M. Watson

indgår i Building a Sustainable Political Economy: SPERI Research & Policy serien

Uneconomic Economics and the Crisis of the Model World af M. Watson
Bag om Uneconomic Economics and the Crisis of the Model World

What has gone wrong with economics? Economists now routinely devise highly sophisticated abstract models that score top marks for theoretical rigour but are clearly divorced from observable activities in the current economy. This creates an 'uneconomic economics', where models explain relationships in blackboard rather than real-life markets.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9781137385482
  • Indbinding:
  • Hardback
  • Sideantal:
  • 108
  • Udgivet:
  • 17. januar 2014
  • Størrelse:
  • 147x225x19 mm.
  • Vægt:
  • 290 g.
  • 8-11 hverdage.
  • 7. december 2024

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What has gone wrong with economics? Economists now routinely devise highly sophisticated abstract models that score top marks for theoretical rigour but are clearly divorced from observable activities in the current economy. This creates an 'uneconomic economics', where models explain relationships in blackboard rather than real-life markets.

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