Economics Confronts the EconomyEdward Elgar, 2006 - 396 páginas Economics Confronts the Economy is a challenging and unorthodox look at contemporary economic analysis. Philip Klein presents a highly reasoned and yet personal view of the state of economics today. While his views may be contentious to some, it is an accessible book that will provoke discussion and debate to a wide readership. Professor Klein begins with the assumption that the basic function of economic theory is to provide a sound guide for public policy in assisting society in defining what it means by 'economic progress'. In the words of Thorstein Veblen it involves economic activity as explicit steps to be taken at any given time to enable the economy to play its most effective role in 'enhancing human life'. The book argues that modern mainstream economics is failing in this task in terms of what it teaches young economists, what it contributes to public policy debates and what it has done to the field of economics. This book will have a wide audience throughout the many and varied fields of economics including heterodox economics, micro- and macroeconomics, history of economic thought and economic policy. |
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... macroeconomic performance is a mistake . ' Just as public policy in microeconomics has mostly been developed by applied economists in the learning - by - doing world , so , too , we argue here , the same thing has happened in macroeconomics ...
... macroeconomics . If in microtheory trivialization grows out of obsession with the competitive model , in macroeconomic theory it primarily takes the form of finding ways to reject Keynes or at least to reduce his influence on policy ...
... macroeconomics and hence it is easier to regard it as ' natural . ' As we have seen , Keynes raised the specter that what was really natural was not necessarily attractive and that indeed such results in macroeconomics far from being ...
Índice
The unchanging focus of modern economics | 8 |
List of Figures | 23 |
do we get what we want | 41 |
Direitos de autor | |
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