What`s wrong with economics a primer for the perplexed

By:

Skidelsky, Robert

Material type: Text

TextPublication details: London Yale University Press 2020Description: xvii, 223 p. illustrations (black and white) 23 cmISBN:

9780300249873

Subject(s):

DDC classification:

330 23 SK-W

Contents:

Why methodology? -- The basics : wants and means -- Economic growth -- Equilibrium -- Models and laws -- Economic psychology -- Sociology and economics -- Institutional economics -- Economics and power -- Why study the history of economic thought? -- Economic history -- Ethics and economics -- Retreat from omniscience -- The future of economics.

Summary: A passionate and informed critique of mainstream economics from one of the leading economic thinkers of our time. This insightful book looks at how mainstream economics' quest for scientific certainty has led to a narrowing of vision and a convergence on an orthodoxy that is unhealthy for the field, not to mention the societies which base policy decisions on the advice of flawed economic models. Noted economic thinker Robert Skidelsky explains the circumstances that have brought about this constriction and proposes an approach to economics which includes philosophy, history, sociology, and politics. Skidelsky's clearly written and compelling critique takes aim at the way that economics is taught in today's universities, where a focus on modelling leaves students ill-equipped to grapple with what is important and true about human life. He argues for a return to the ideal set out by John Maynard Keynes that the economist must be a "mathematician, historian, statesman, [and] philosopher" in equal measure. -- Provided by publisher.

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Holdings
Item type	Home library	Collection	Call number	Status	Date due	Barcode
Print	OPJGU Sonepat- Campus Main Library	General Books	330 SK-W (Browse shelf(Opens below))	Available		144692

Includes bibliographical references (pages 202-213) and index.

A passionate and informed critique of mainstream economics from one of the leading economic thinkers of our time. This insightful book looks at how mainstream economics' quest for scientific certainty has led to a narrowing of vision and a convergence on an orthodoxy that is unhealthy for the field, not to mention the societies which base policy decisions on the advice of flawed economic models. Noted economic thinker Robert Skidelsky explains the circumstances that have brought about this constriction and proposes an approach to economics which includes philosophy, history, sociology, and politics. Skidelsky's clearly written and compelling critique takes aim at the way that economics is taught in today's universities, where a focus on modelling leaves students ill-equipped to grapple with what is important and true about human life. He argues for a return to the ideal set out by John Maynard Keynes that the economist must be a "mathematician, historian, statesman, [and] philosopher" in equal measure. -- Provided by publisher.

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