Lament for EconomicsPsychology Press, 2003 - 322 pagina's Does economics actually help us to understand and solve real world problems? Examining and analysing the role of economics and economic theory in the social and political life of the early twentieth century, many of the arguments contained in this book are as relevant and controversial today as when they were first published. Chapters include: |
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accept actual market argument assumption BARBARA WOOTTON capital capitalist ceteris paribus choice claim competition concrete consumers course criticism demand distribution of resources distribution of scarce economic analysis economic norm Economic Science economic studies economic theory effect employment ends enquiry example experience fact field human behaviour imperfect Imperfect Competition implies income intelligent kind labour market laws least less LONDON'S BURNING market equilibrium market mechanism market norms market processes matter means between alternative ment methods monopolistic Monopolistic Competition monopoly nomic normative economics normative significance optimum particular pattern planned planned economy position possible practical problems production Professor Robbins realized reason reference satisfaction scarce means scarcity sense situation social equality socialist market economy socialized economy socialized enterprises socialized market economy sphere suggest supply technical theoretical Theory of Employment thing tion to-day validity wages whole