Neo-classical economics, with its emphasis on general equilibrium, has developed a tightly-knit group of theories of great rigour. However, it lacks a conceptualization of organization, institutions, structure and change and has virtually nothing to say about the role of norms and rules in economic behaviour.
Neo-classical economics, with its emphasis on general equilibrium, has developed a tightly-knit group of theories of great rigour. However, it lacks a...
Neo-classical economics, with its emphasis on general equilibrium, has developed a tightly-knit group of theories of great rigour. However, it lacks a conceptualization of organization, institutions, structure and change and has virtually nothing to say about the role of norms and rules in economic behaviour.
Neo-classical economics, with its emphasis on general equilibrium, has developed a tightly-knit group of theories of great rigour. However, it lacks a...
Does economic man exist? Do aggregates exist? Do markets have an essence? How are economic phenomena caused? Do economists believe in the theories they use? These essays seek to unearth the "ontological underworld" that shapes the criteria economists use in making choices among theories to understand economic behavior. These criteria include fundamental, unarticulated ideas regarding the basic constitutents and structure of social reality, that is, about human beings and the social arrangement of their lives. This important collection will be of great value to economists and philosophers of...
Does economic man exist? Do aggregates exist? Do markets have an essence? How are economic phenomena caused? Do economists believe in the theories the...