This brief responds to the criticism that mainstream economics is currently facing due to its heavy reliance on models and narrow range of quantitative research techniques. It takes a broader view, identifying issues that are also relevant for heterodox and pluralist approaches to economics. By acknowledging that the world of theory is not the same as the reality that we are trying to understand, the brief focuses on three paths that generally receive little attention. These are: from theory to the real world; from theory to empirical analysis; and from empirical results to policy...
This brief responds to the criticism that mainstream economics is currently facing due to its heavy reliance on models and narrow range of quantita...
This book introduces 40 critical pointers for those who wish to see the theory in a broader, more realistic context. The material is suitable for introductory and intermediate courses and can be included selectively by students for additional reading or in lectures or tutorials as discussion points.
"Students of mainstream economics need a guide like this to help them understand the underlying assumptions, limitations and inbuilt biases of what they are studying. It helps them open their eyes to a broader view of how real economies work." Emeritus Professor Frank Stilwell, University of...
This book introduces 40 critical pointers for those who wish to see the theory in a broader, more realistic context. The material is suitable for intr...
