Reassessing the Paradigm of Economics: Bringing Positive Economics Back into the Normative Framework

ISBN-13: 9780415575119 / Angielski / Twarda / 2011 / 176 str.

Valeria Mosini

Opis

When President Reagan and Prime Minister Thatcher adopted the neoliberal doctrine as the paradigm of economics, there was no evidence that the move would have been successful, but thirty years on, the recurrent crises that culminated in 2008 suggest a serious mis-match between expectations and outcomes.

Spis treści

Introduction: Reasons for the Book 1. Friedman’s Essays in Positive Economics: Logical Consistency and Validity 2. The Singularity of Friedman’s Conception of the Positive-Normative Distinction 3. The Disappearance of the Normative Framework From Walras’ Economics 4. Friedman’s Method for Doing Positive Economics 5. Contradictions and Delusions of the Neoliberal Paradigm 6. ‘What is to be done?’ The Question Crops Up

O autorze

Valeria Mosini is professor at the Science Faculty of University of Roma ‘La Sapienza’, Italy, and associate of the Department of International Development of the London School of Economics, UK.