In "The Delusions of Economics," Gilbert Rist presents a radical
critique of neoclassical economics from a social and historical
perspective. Rather than enter into existing debates between
different orthodoxies, Rist instead explores the circumstances that
prevailed when economics was "invented," and the resultant biases
that helped forge the construction of economics as a "science." In
doing so, Rist demonstrates how these various presuppositions are
either obsolete or just plain wrong, and that traditional economics
is largely based on irrational convictions that are difficult to
debunk due to their religious nature. As a result, we are prevented
from properly understanding the world around us and dealing with
the financial, environmental, and climatic crises that lie ahead.
Provocative and original, this essential book provides
incontrovertible proof that the construction of a new economic
paradigm - pluralistic, ecologically compatible, grounded in
reality - has now become a necessity.
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