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On the Methodology of Economics and the Formalist Revolution (Hardcover) Loot Price: R4,426
Discovery Miles 44 260
On the Methodology of Economics and the Formalist Revolution (Hardcover): Terence Hutchison

On the Methodology of Economics and the Formalist Revolution (Hardcover)

Terence Hutchison

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Loot Price R4,426 Discovery Miles 44 260 | Repayment Terms: R415 pm x 12*

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This collection of essays examines the methodological problems confronting economists in the face of two major developments in the second half of the twentieth century. The first is the vast increase in the number and variety of writings on the methodology or 'philosophy' of economics, especially from those intensively specialising in methodology. This has led to the virtual breakdown in communication between methodologists and mainstream economists, with methodology becoming increasingly isolated from mainstream economics. The second major development has been what Benjamin Ward first called 'the formalist revolution' which he, not unjustifiably, described as 'more important than the Keynesian Revolution'. Professor Hutchison attempts to contribute to serious methodological analysis of this 'revolution' and, at the same time, suggests how communication between mainstream economists and methodologists might be improved.

General

Imprint: Edward Elgar Publishing Ltd
Country of origin: United Kingdom
Release date: June 2000
Authors: Terence Hutchison
Dimensions: 234 x 156mm (L x W)
Format: Hardcover
Pages: 392
ISBN-13: 978-1-84064-040-3
Categories: Books > Business & Economics > Economics > Economic theory & philosophy
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LSN: 1-84064-040-5
Barcode: 9781840640403

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