Building a Sustainable Political Economy: SPERI Research & Policy

Uneconomic Economics and the Crisis of the Model World

Authors: Watson, M.

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About this book

What has gone wrong with economics? Economists now routinely devise highly sophisticated abstract models that score top marks for theoretical rigour but are clearly divorced from observable activities in the current economy. This creates an 'uneconomic economics', where models explain relationships in blackboard rather than real-life markets.

Table of contents (4 chapters)

  • Setting the Scene: From a Crisis of Economics to a Crisis of the State

    Watson, Matthew

    Pages 1-19

  • The Collapse of the Model World: From Faith in Equations to Unsustainable Asset Bubbles

    Watson, Matthew

    Pages 20-44

  • The Creation of the Model World: From Formalist Techniques to the Triumph of Uneconomic Economics

    Watson, Matthew

    Pages 45-67

  • Looking Ahead: From Uneconomic Economics to a Different Future

    Watson, Matthew

    Pages 68-83

Buy this book

eBook $54.99
price for USA
  • The eBook version of this title will be available soon
  • ISBN 978-1-137-38549-9
  • Digitally watermarked, no DRM
  • Included format:
  • eBooks can be used on all Reading Devices
  • Download immediately after purchase
Hardcover $75.00
price for USA
  • ISBN 978-1-137-38548-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.

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Bibliographic Information

Bibliographic Information
Book Title
Uneconomic Economics and the Crisis of the Model World
Authors
Series Title
Building a Sustainable Political Economy: SPERI Research & Policy
Copyright
2014
Publisher
Palgrave Macmillan UK
Copyright Holder
Palgrave Macmillan, a division of Macmillan Publishers Limited
eBook ISBN
978-1-137-38549-9
DOI
10.1057/9781137385499
Hardcover ISBN
978-1-137-38548-2
Edition Number
1
Number of Pages
X, 108
Topics