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Economics and its Discontents - Twentieth Century Dissenting Economists (Hardcover)
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Economics and its Discontents - Twentieth Century Dissenting Economists (Hardcover)
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Dissenters have a common dissatisfaction with economics as it is
currently practised, and they recognise that twentieth century
economics has failed to explain real world economic phenomena. This
major book focuses on the work and lives of seventeen of the most
influential dissenting economists who have shaped twentieth century
economics and who continue to make economics more relevant.In
Economics and its Discontents each chapter explains what it means
to be a dissenting economist and examines how and why the work of
the featured economist constitutes dissent. It demonstrates that
dissent in the profession extends beyond ideology and that
dissenters can come from radical, liberal or conservative
backgrounds. Dissent is considered in many respects, including how
economics is taught, the methodology of economic analysis, the lack
of attention economists pay to the real world behaviour of
individuals, the narrow and limited assumptions made by economists,
the inappropriate attempt of economics to dominate all social
sciences, and the policy conclusions reached by standard economic
analysis. The dissenters featured in this book suggest that there
is a better way to do economics, and a better way to be an
economist, and each has helped keep economics honest by constantly
questioning traditional thinking. This book salutes and celebrates
these dissenters who exemplify the very best of the discipline. If
economics is again to be a respected field and a highly regarded
profession, we must look to these dissenters to point the way
forward. This book will be welcomed by professional economists,
researchers and postgraduate students, especially those interested
in the history of economic thought, and economic methodology and
philosophy.
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