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Despite some diversification modern economics still attracts a great deal of criticism. This is largely due to highly unrealistic assumptions underpinning economic theory, explanatory failure, poor policy framing, and a dubious focus on prediction. Many argue that flaws continue to owe much of their shortcomings to neoclassical economics. As a result, what we mean by neoclassical economics remains a significant issue. This collection addresses the issue from a new perspective, taking as its point of departure Tony Lawson's essay 'What is this 'school' called neoclassical...

Despite some diversification modern economics still attracts a great deal of criticism. This is largely due to highly unrealistic assumptions underpinning economic theory, explanatory failure, poor policy framing, and a dubious focus on prediction. Many argue that flaws continue to owe much of their shortcomings to neoclassical economics. As a result, what we mean by neoclassical economics remains a significant issue. This collection addresses the issue from a new perspective, taking as its point of departure Tony Lawson's essay 'What is this 'school' called neoclassical economics?'.

“Donald Trump’s capture of the US presidency has shocked the political establishment. This book is a collection of excellent essays by leading center-left and left economists. It provides a comprehensive initial assessment of the sources of Trump’s success and the likely outcomes of his policies. It is essential current reading and, in time, it will become a historical record of what the center-left and left was thinking at this juncture in history.”

Thomas I. Palley, Economics for Democratic and Open Societies, Washington DC

“A...