The Puzzle of Modern Economics: Science or Ideology?

Type
Book
Authors
ISBN 10
110701414X 
ISBN 13
9781107014145 
Category
Unknown  [ Browse Items ]
Edition
1st Paperback Edition 
Publication Year
2010 
Pages
216 
Tags
 
Abstract
 
Description
Does economics hold the key to everything or does the recent financial crisis show that it has failed? This book provides an assessment of modern economics that cuts through the confusion and controversy on this question. Case studies of the creation of new markets, the Russian transition to capitalism, globalization, and money and finance establish that economics has been very successful where problems have been well defined and where the world can be changed to fit the theory, but that it has been less successful in tackling bigger problems. The book then offers a historical perspective on how economists have, since the Second World War, tried to make their subject scientific. It explores the evolving relationship between science and ideology and investigates the place of heterodoxy and dissent within the discipline. It is argued that, though there are problems with the discipline, economics is needed to combat the myths that abound concerning economic problems. - from Amzon 
Biblio Notes
 
Number of Copies

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