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Philosophy of Economics (Hardcover, New)
Loot Price: R1,491
Discovery Miles 14 910
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Philosophy of Economics (Hardcover, New)
Series: Palgrave Philosophy Today
Expected to ship within 10 - 15 working days
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What is economics fundamentally about? Some say 'money'. But that
only applies, at a stretch, to macroeconomics. Others say
'incentivised choices'. Through a review of the history and
methodology of economics, with special concentration on the past 60
years, the book shows why the second answer is more accurate. But
this leads straight into another problem: psychologists study
choices too. So how is economics different from psychology? The
book explains this, by showing how economics is really about groups
or populations of people. In clearly distinguishing economics from
psychology, the book criticizes the current popular wave of
behavioural economics, showing how many studies under that label
confuse economics with psychology. But if economics is about
structures of group response, then how is it different from
sociology? The book shows how and why economics and sociology are
currently converging, perhaps ultimately to form a single unified
discipline fed by two distinct historical tributaries.
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