The puzzle of modern economics : science or ideology / Roger E. Backhouse.
Backhouse, Roger, 1951-| Call Number | 330 |
| Author | Backhouse, Roger, 1951- author. |
| Title | The puzzle of modern economics : science or ideology / Roger E. Backhouse. |
| Physical Description | 1 online resource (205 pages) : digital, PDF file(s). |
| Notes | Title from publisher's bibliographic system (viewed on 05 Oct 2015). |
| Contents | Introduction -- Creating new markets -- Creating a market economy -- Globalization and welfare -- Money and finance -- Creating a 'scientific' economics --The quest for rigorous macroeconomics -- Science and ideology -- Heterodoxy and dissent -- Economic science and economic myth. |
| Summary | Does economics hold the key to everything or does the recent financial crisis show that it has failed? This book provides an assessment of modern economics that cuts through the confusion and controversy on this question. Case studies of the creation of new markets, the Russian transition to capitalism, globalization, and money and finance establish that economics has been very successful where problems have been well defined and where the world can be changed to fit the theory, but that it has been less successful in tackling bigger problems. The book then offers a historical perspective on how economists have, since the Second World War, tried to make their subject scientific. It explores the evolving relationship between science and ideology and investigates the place of heterodoxy and dissent within the discipline. |
| Subject | Economics History 20th century. Economic policy History 20th century. |
| Multimedia |
Total Ratings:
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$a Does economics hold the key to everything or does the recent financial crisis show that it has failed? This book provides an assessment of modern economics that cuts through the confusion and controversy on this question. Case studies of the creation of new markets, the Russian transition to capitalism, globalization, and money and finance establish that economics has been very successful where problems have been well defined and where the world can be changed to fit the theory, but that it has been less successful in tackling bigger problems. The book then offers a historical perspective on how economists have, since the Second World War, tried to make their subject scientific. It explores the evolving relationship between science and ideology and investigates the place of heterodoxy and dissent within the discipline.
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| Summary | Does economics hold the key to everything or does the recent financial crisis show that it has failed? This book provides an assessment of modern economics that cuts through the confusion and controversy on this question. Case studies of the creation of new markets, the Russian transition to capitalism, globalization, and money and finance establish that economics has been very successful where problems have been well defined and where the world can be changed to fit the theory, but that it has been less successful in tackling bigger problems. The book then offers a historical perspective on how economists have, since the Second World War, tried to make their subject scientific. It explores the evolving relationship between science and ideology and investigates the place of heterodoxy and dissent within the discipline. |
| Notes | Title from publisher's bibliographic system (viewed on 05 Oct 2015). |
| Contents | Introduction -- Creating new markets -- Creating a market economy -- Globalization and welfare -- Money and finance -- Creating a 'scientific' economics --The quest for rigorous macroeconomics -- Science and ideology -- Heterodoxy and dissent -- Economic science and economic myth. |
| Subject | Economics History 20th century. Economic policy History 20th century. |
| Multimedia |