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The Programming Approach and the Demise of Economics - Volume II: Selected Testimonies on the Epistemological 'Overturning' of Economic Theory and Policy (Hardcover, 1st ed. 2019)
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The Programming Approach and the Demise of Economics - Volume II: Selected Testimonies on the Epistemological 'Overturning' of Economic Theory and Policy (Hardcover, 1st ed. 2019)
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This trilogy deals with an epistemology of economics, arguing for a
radical overturning of conventional analysis and providing an
alternative to political economy and social sciences, based not on
positivism, but on a normative and programming paradigm. Volume II
builds on the work presented in Volume I to explore oppositions to
the traditional and conventional teaching of economics, and
presents testimonies that are favourable to a trend towards a
programming approach, thereby giving substance to the
epistemological 'overturning' of conventional analysis. Such
oppositions studied include the work of Ludvig von Mises and his
theory of praxeology; Ian Tinbergen and Wassily Leontif's
preference for 'planning' over 'forecasting science'; Bruno de
Finetti and Daniel Bell's support for the base of 'utopia' in
economics; the trend from the 'theory of planning' towards the
'methodology of planning, by Andreas Faludi; neoclassic curiosity
about the 'multi-purposes approach' and 'non-economic commodities'
as investigated by Walter Isard, as well as theories expressed by
Herbert Simon, Robert Lucas, George Soros and Mark Blaug. Volume
III takes studies further and presents a concrete and practical
example of how to build a Planning Accounting Framework (PAF), as
associated with Frisch's 'plan-frame' (explored in Volume II), to
demonstrate the extent to which decisions and negotiations can be
routed in the social sciences.
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