Uneconomic Economics and the Crisis of the Model World

By:

M.Watson

Format:

Hardback

Series:

Building a Sustainable Political Economy: Speri Research & Policy

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Description

What has gone wrong with economics? Economists now routinely devise highly sophisticated abstract models that score top marks for theoretical rigour but are clearly divorced from observable activities in the current economy. This creates an 'uneconomic economics', where models explain relationships in blackboard rather than real-life markets.

Author Biography:

Matthew Watson is Professor of Political Economy in the Department of Politics and International Studies at the University of Warwick, UK. Since 2013 he is also an ESRC Professorial Fellow working on the project 'Rethinking the Market'. In his research he applies methodologies from the history of thought in order to understand how modern-day markets take their distinctive form.

Release date Australia

January 17th, 2014

Author

M.Watson

Audience

Professional & Vocational

Illustrations

x, 108 p.

Pages

108

Series

Building a Sustainable Political Economy: Speri Research & Policy

Dimensions

140x216x11

ISBN-13

9781137385482

Product ID

21958591

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