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A Guide to What's Wrong with Economics

Edited by Edward Fullbrook

A Guide to What's Wrong with Economics

A revolutionary reassessment of the serious faults and pitfalls of neoclassical economics.

Imprint: Anthem Press
ISBN 9781843311485
October 2004 | 332 Pages | 234 x 155mm / 9.2 x 6.1 | 15+ figures, graphs and charts
PRICE:  £90.00  /  $145.00  Buy from Amazon.co.uk  Buy from Amazon.com

About This Book

'Recommended.' —'Choice'

'This book critically examines the shortcomings of neoclassical economics and considers a number of alternative formulations characterized by a broader conception of human behaviour, the recognition of culture, the consideration of history, a new theory of knowledge, and interdisciplinary dialogue.' —Dr Lucia Reisch, 'The Journal of Consumer Policy'

'Some of the essays are excellent and I would have little hesitation in recommending them to students at an appropriate level.' Roger E. Backhouse, 'Journal of Economic Methodology'

During a time of accelerating momentum for radical change in the study of economics, 'A Guide to What's Wrong with Economics' comprehensively re-examines the shortcomings of neoclassical economics and considers a number of alternative formulations. In it, a distinguished list of non-neoclassical economists provide a study of some of the many worldly and logical gaps in neoclassical economics, its hidden ideological agendas, disregard for the environment, habitual misuse of mathematics and statistics, inability to address the major issues of economic globalization, its ethical cynicism concerning poverty, racism and sexism and its misrepresentation of economic history. In clear and engaging prose, 'A Guide to What's Wrong with Economics' shows how interesting, relevant and exciting economics can be when it is pursued not as a defence of an antiquated and close-minded system of belief, but as a no-holds-barred inquiry looking for real-world truths.

Readership: A provoking and modern-minded must-read for all economists and advanced students of economics, as well as for the general reader.

Author Information

Edward Fullbrook is a Visiting Research Fellow at the School of Economics, University of the West of England. He is the founder and editor of the 'Post-Autistic Economics Review'. Among other books, he has edited 'The Crisis in Economics' (Routledge, 2003) and 'Intersubjectivity in Economics' (Routledge, 2002). He has also recently published 'Real World Economics: A Post-Autistic Economics Reader' (Anthem Press, 2007).

Table of Contents

Introduction: Broadband versus Narrowband Economics - Edward Fullbrook; Part I. Basic Problems; Part II. Micro Nonsense; Part III. Macro Nonsense; Part IV. Ethical Voids and Social Pathologies; Part V. Misuse of Mathematics and Statistics; Part VI. Category Mistakes Regarding Wealth and Illth; Part VII. Globalist Distortions; Notes ; Name Index

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