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Foundations for New Economic Thinking

A Collection of Essays

Authors: Dow, S.

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  • ISBN 978-1-137-00072-9
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Hardcover $120.00
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  • ISBN 978-0-230-36910-8
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Softcover $115.00
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  • ISBN 978-1-349-35025-4
  • Free shipping for individuals worldwide
  • This title is currently reprinting. You can pre-order your copy now.
About this book

New economic thinking is in demand in the light of the recent economic crisis. This book equips the reader with a better understanding of current ways of thinking as well as an awareness of other possibilities, providing the foundations for debate in theory and methodology alongside practical implications for policy.

About the authors

SHEILA C. DOW is emeritus professor of Economics at the University of Stirling, UK. She has also been employed by the Bank of England and the Manitoba Government, been Director of the Stirling Centre for Economic Methodology and Chair of the International Network for Economic Methodology and author of Economic Methodology: An Inquiry.

Reviews

'For many years Sheila Dow has wisely guided our thinking through her deep discussions of methodology and its implications for teaching, research and policy, and by a wide range of analytical writings, especially on monetary matters and the workings of monetary production economies in general. Her collection of essays could not have come at a more appropriate time. For her guidance is needed more than ever as we rethink and revise our analysis of how our world works, at the moment, very badly, and what may be done about it.' - G. C. Harcourt, Professor Emeritus, University of New South Wales, Australia

'Sheila Dow has been toiling in the fields of economic methodology for a number of decades, and this book gathers the fruits of her efforts. The range of topics covered is impressive, from the non-neutrality of formalism, to how best to handle open systems, pervasive uncertainty, animal spirits, and other problems that economists must face. Throughout the volume, the vital importance of an open attitude to alternative approaches - in a phrase, methodological pluralism - is stressed. It is a fine collection.' - Bruce Caldwell, Professor of Economics, Duke University, USA

'Sheila Dow understands that the failures of economics in the financial crisis are the product of the ways in which economists think about their subject. This book explains the problem and the pluralism needed to put it right.' - John Kay, Author and Economist


Table of contents (14 chapters)

  • What Kind of New Theory in Light of the Crisis? A Focus on Theoretical Approach

    Dow, Sheila C.

    Pages 1-14

  • Schools of Thought in Macroeconomics: The Method Is the Message

    Dow, Sheila C.

    Pages 15-32

  • Animal Spirits and Rationality

    Dow, Sheila C. (et al.)

    Pages 33-51

  • Beyond Dualism

    Dow, Sheila C.

    Pages 52-71

  • Uncertainty about Uncertainty

    Dow, Sheila C.

    Pages 72-82

Buy this book

eBook $89.00
price for USA (gross)
  • ISBN 978-1-137-00072-9
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $120.00
price for USA
  • ISBN 978-0-230-36910-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $115.00
price for USA
  • ISBN 978-1-349-35025-4
  • Free shipping for individuals worldwide
  • This title is currently reprinting. You can pre-order your copy now.

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Bibliographic Information

Bibliographic Information
Book Title
Foundations for New Economic Thinking
Book Subtitle
A Collection of Essays
Authors
Copyright
2012
Publisher
Palgrave Macmillan UK
Copyright Holder
Palgrave Macmillan, a division of Macmillan Publishers Limited
eBook ISBN
978-1-137-00072-9
DOI
10.1057/9781137000729
Hardcover ISBN
978-0-230-36910-8
Softcover ISBN
978-1-349-35025-4
Edition Number
1
Number of Pages
XI, 263
Topics