"This is a beautifully written, highly literate, and engaging survey of the structure, history, and antecedents of neoclassical economics and its modern derivatives. It emphasizes the contrast between this conventional framework and many important things in social life."Anwar Shaikh, The New School for Social Research"In this wonderfully lucid and erudite account, Stephen Engelmann uncovers and explains the function of economic rationality as an implicit form of political theory. He demonstrates that without an understanding of the organizing power of this concept, any attempt to reclaim the political sphere from neoliberal governance will necessarily founder. A crucial and highly recommended intervention."Jane Elliott, King's College London
1 Introduction2 Textbook Rationality and the Behavioral Critique3 Political Economy4 Economics as Politics5 Conclusion
Stephen Engelmann is Associate Professor in the Department of Political Science at the University of Illinois at Chicago.