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Item Details
Title: UNECONOMIC ECONOMICS AND THE CRISIS OF THE MODEL WORLD
By: M. Watson
Format: Paperback

List price: £47.00


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ISBN 10: 1349481262
ISBN 13: 9781349481262
Publisher: PALGRAVE MACMILLAN
Pub. date: 1 January, 2014
Edition: 1st ed. 2014
Series: Building a Sustainable Political Economy: SPERI Research & Policy
Pages: 108
Description: 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.
Synopsis: 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.
Illustrations: X, 108 p.
Publication: UK
Imprint: Palgrave Pivot
Returns: Returnable
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