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The Making of Neoclassical Economics (Routledge Revivals)

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Release : 2012-07-26
Genre : Business & Economics
Kind : eBook
Book Rating : 536/5 ( reviews)

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Book Synopsis The Making of Neoclassical Economics (Routledge Revivals) by : John F. Henry

Download or read book The Making of Neoclassical Economics (Routledge Revivals) written by John F. Henry. This book was released on 2012-07-26. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1990, this unique explanation of the rise of neoclassical economics views social change as an engine promoting change in theory. It attempts to develop a theory of the origins, consolidation and rise to dominance of the neoclassical school of thought. In so doing, it addresses the contest between the labour and utility theories of value; both are placed in historical context, and reasons are offered for the relative success of each in particular historical periods. It is argued that the eventual dominance of neoclassicism, a theory based on the social changes then taking place, resulted not from its scientific superiority but from its non-social perspective which ignores the social order upon which it depends.

The Making of Neoclassical Economics

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Author :
Release : 2012-03-02
Genre : Business & Economics
Kind : eBook
Book Rating : 738/5 ( reviews)

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Book Synopsis The Making of Neoclassical Economics by : John F. Henry

Download or read book The Making of Neoclassical Economics written by John F. Henry. This book was released on 2012-03-02. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1990, this unique explanation of the rise of neoclassical economics views social change as an engine promoting change in theory. It attempts to develop a theory of the origins, consolidation and rise to dominance of the neoclassical school of thought. In so doing, it addresses the contest between the labour and utility theories of value; both are placed in historical context, and reasons are offered for the relative success of each in particular historical periods. It is argued that the eventual dominance of neoclassicism, a theory based on the social changes then taking place, resulted not from its scientific superiority but from its non-social perspective which ignores the social order upon which it depends.

John Bates Clark

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Release : 2016-07-27
Genre : Business & Economics
Kind : eBook
Book Rating : 458/5 ( reviews)

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Book Synopsis John Bates Clark by : John F. Henry

Download or read book John Bates Clark written by John F. Henry. This book was released on 2016-07-27. Available in PDF, EPUB and Kindle. Book excerpt: In this fresh study of the career and theoretical work of John Bates Clark, the first American economist to achieve international standing, Henry demonstrates that the usual interpretations of Clark are flawed, and that Clark set out to develop a theory of distribution that would support then current political authority and property relationships. Contrary to the normal view, it is shown that there is less of a difference between Clark's early 'Christian Socialist' writings and the writings of his mature period, and that perceptions and concerns formulated in his early career carry over into his more theoretically advanced stage. Also, Clark's religious perceptions are shown to have influenced not only his early thoughts, but those contained in the writings of the later period that brought him to the attention of economists in England and the Continent. Throughout this book, Henry demonstrates the relationship between Clark's theoretical work and the larger social forces then at work which both promoted and constrained his thinking and his economics.

Late Neoclassical Economics

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Release : 2016-06-10
Genre : Business & Economics
Kind : eBook
Book Rating : 111/5 ( reviews)

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Book Synopsis Late Neoclassical Economics by : Yahya M. Madra

Download or read book Late Neoclassical Economics written by Yahya M. Madra. This book was released on 2016-06-10. Available in PDF, EPUB and Kindle. Book excerpt: Several contemporary economic theories revolve around different concepts: market failures, institutions, transaction costs, information asymmetries, motivational diversity, cognitive limitations, strategic behaviors and evolutionary stability. In recent years, many economists have argued that the increase in circulation and mobilization of these new and heterogeneous concepts and their associated methodologies (e.g., experiments, evolutionary modelling, simulations) signify the death of neoclassical economics. Late Neoclassical Economics: The Restoration of Theoretical Humanism in Contemporary Economic Theory draws on the work of Louis Althusser, Michel Foucault and the Amherst School, to construct the concept of a self-transparent and self-conscious human subject (Homo economicus) as the theoretical humanist core of the neoclassical tradition. Instead of identifying the emergent heterogeneity as a break from neoclassicism, this book offers a careful genealogy of many of the new concepts and approaches - including evolutionary game theory, experimental economics and behavioural economics - and reads their elaboration as part of the restoration of the theoretical humanist core of the tradition. ‘Late neoclassical economics’ is therefore characterized as a collection of diverse approaches which have emerged in response to the drift towards structuralism. This book is suitable for those who study political economy, history of economic thought and philosophy of economics. The arguments put forward in this text will also resonate with anyone who is interested in the fate of the neoclassical tradition and the future of economic theory.

Economics

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Release : 1987-08
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Economics by : Richard D. Wolff

Download or read book Economics written by Richard D. Wolff. This book was released on 1987-08. Available in PDF, EPUB and Kindle. Book excerpt: Economics: Marxian versus Neoclassical is an economics text with a difference--a concise, systematic comparison of the two major contending economic theories in the world today.

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