Uneconomic Economics and the Crisis of the Model World

Name: Uneconomic Economics and the Crisis of the Model World
Brand: Palgrave Macmillan
SKU: 9781137385482
Price: 50.39 EUR
Availability: InStock

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English

By (author): M. Watson

What has gone wrong with economics? Economists now routinely devise highly sophisticated abstract models that score top marks for theoretical rigour but are clearly divorced from observable activities in the current economy. This creates an 'uneconomic economics', where models explain relationships in blackboard rather than real-life markets. See more

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Product Details

Dimensions: 140 x 216mm
Publication Date: 17 Jan 2014
Publisher: Palgrave Macmillan
Publication City/Country: United Kingdom
Language: English
ISBN13: 9781137385482

About M. Watson

Matthew Watson is Professor of Political Economy in the Department of Politics and International Studies at the University of Warwick UK. Since 2013 he is also an ESRC Professorial Fellow working on the project 'Rethinking the Market'. In his research he applies methodologies from the history of thought in order to understand how modern-day markets take their distinctive form.

Uneconomic Economics and the Crisis of the Model World

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About M. Watson

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