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A Guide to What’s Wrong with Economics |
Contents
Introduction:
Broadband versus narrowband economics
Edward
Fullbrook University
of the West of England, UK
Part I
Basic Problems
The
quarrelsome boundaries of economics
Hugh Stretton University of Adelaide, Australia
Modern economics: the problem and
a solution
Tony Lawson Cambridge University, UK
The pitfalls of mainstream economic
reasoning (and teaching)
Michael
A. Bernstein University of California, San Diego, USA
Neoclassical economic theory: a special and not a general
case
Paul Ormerod Volterra Consulting, UK
Where do economies come from? The
missing story
Anne Mayhew University of Tennessess, USA
Can economics
start from the individual alone?
Geoffrey M. Hodgson University
of Hertfordshire, UK
Part II
Micro Nonsense
Are
you rational?
Edward
Fullbrook University
of the West of England, UK
Five
pieces of advice for students studying microeconomics
Emmanuelle Benicourt École des Hautes Études des Sience Sociales, France
How
mainstream economists model choice, versus how we behave, and why it matters
Peter E. Earl University
of Queensland, Australia
Managerial
economics: economics of management or economics for managers?
Sashi
Sivramkrishna Foundation to Aid Industrial Recovery, India
Part III
Macro Nonsense
Why
do we have separate courses in “micro” and “macro” economics?
Ozgur
Gun Université de
Reims Champagne Ardenne, France
The “natural” rate
of unemployment
James
G. Devine Loyola
Marymount University, USA
How
to look at economics critically: some suggestions
Renato Di Ruzza Université de
Aix-Marseille, France
Joseph
Halevi University
of Sydney, Australia and Université Pierre Mendès France, France
Part IV
Ethical Voids and
Social Pathologies
Teaching
economics as if ethics mattered
Charles
K. Wilber University
of Notre Dame, USA
Economics
as ideology and the need for pluralism
Peter
Söderbaum Mälardalen University, Sweden
The “efficiency” illusion
Richard Wolff University
of Massachusetts, Amherst, USA
“There
are none so blind . . .
Susan
F. Feiner University
of Southern Maine, USA
Part V
Misuse of Mathematics
and Statistics
Can
mathematics be used successfully in economics?
Donald Gillies King’s
College London, UK
Is
there something to expect from game theory?
Bernard Guerrien Université Paris
I, France
Improbable,
Incorrect or Impossible:
The persuasive but flawed
mathematics of microeconomics
Steve Keen University
of Western Sydney, Australia
The
significance of the economics research paper
Stephen T. Ziliak Roosevelt
University, USA
Part VI
Category Mistakes
Regarding Wealth and Illth
Changing
visions of humans’ place in the world and the need for an Ecological
Economics
Robert Costanza The
University of Vermont, USA
Ecological
Economics: The concept of scale and its relation to allocation,
distribution, and uneconomic growth
Herman
E. Daly University
of Maryland, USA
What's
wrong with GDP and growth? The need for alternative indicators
Jean Gadrey Université Lille,
France
Part VII
Globalist Distortions
What
is Wrong with the “Official History of Capitalism”?
-
with special reference to the debates on globalisation and economic development
Ha-Joon
Chang Cambridge
University, UK
Should
the study of transnational companies be part of the economics syllabus?
Grazia Ietto-Gillies London South Bank University, UK
Would
a Latin American Economics Make Sense?
Ana Maria Bianchi University of Sao Paulo, Brazil