Skip to main content
SpringerLink
Log in
Palgrave Macmillan
Book cover

The Reformation in Economics

A Deconstruction and Reconstruction of Economic Theory

  • Book
  • © 2016

Overview

Authors:
  1. Philip Pilkington

    1. GMO LLC, London, United Kingdom

    View author publications

    You can also search for this author in PubMed   Google Scholar

  • Applies a perspective rooted in academia but delivered from a professional standpoint
  • Presents an argument for changing the way economics is taught
  • Challenges mainstream economics and forces readers to rethink their current understanding of the discipline

This is a preview of subscription content, log in via an institution to check access.

Access this book

Log in via an institution
eBook USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 49.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (12 chapters)

  1. Front Matter

    Pages i-xv
    Download chapter PDF

  2. Introduction

    • Philip Pilkington
    Pages 1-12

  3. Ideology and Methodology

    1. Front Matter

      Pages 13-13
      Download chapter PDF

    2. Economics: Ideology or Rationalistic Inquiry?

      • Philip Pilkington
      Pages 15-41

    3. The Limiting Principle: A Short History of Ideology in Twentieth-Century Economics

      • Philip Pilkington
      Pages 43-70

    4. Deconstructing Marginalist Microeconomics

      • Philip Pilkington
      Pages 71-93

    5. Methodology, Modelling and Bias

      • Philip Pilkington
      Pages 95-123

  4. Stripped-Down Macroeconomics

    1. Front Matter

      Pages 125-125
      Download chapter PDF

    2. Differing Conceptions of Equilibrium

      • Philip Pilkington
      Pages 127-144

    3. Theories of Money and Prices

      • Philip Pilkington
      Pages 145-189

    4. Profits, Prices, Distribution and Demand

      • Philip Pilkington
      Pages 191-220

    5. Finance and Investment

      • Philip Pilkington
      Pages 221-277

  5. Approaching the Real World

    1. Front Matter

      Pages 279-279
      Download chapter PDF

    2. Uncertainty and Probability

      • Philip Pilkington
      Pages 281-321

    3. Non-Dogmatic Approaches to the Economics of Trade

      • Philip Pilkington
      Pages 323-333

    4. Conclusion

      • Philip Pilkington
      Pages 335-340

  6. Back Matter

    Pages 341-368
    Download chapter PDF
Back to top

Keywords

About this book

This book carves the beginnings of a new path in the arguably weary discipline of economics. It combines a variety of perspectives – from the history of ideas to epistemology – in order to try to understand what has gone so wrong with economics and articulate a coherent way forward. This is undertaken through a dual path of deconstruction and reconstruction. Mainstream economics is broken down into many of its key component parts and the history of each of these parts is scrutinized closely. When the flaws are thoroughly understood the author then begins the task of reconstruction. What emerges is not a ‘Grand Unified Theory of Everything’, but rather a provisional map outlining a new terrain for economists to explore. The Reformation in Economics is written in a lively and engaging style that aims less at the formalization of dogma and more at the exploration of ideas. This truly groundbreaking work invites readers to rethink their current understanding of economics as a discipline and is particularly relevant for those interested in economic pluralism and alternative economics.

Authors and Affiliations

  • GMO LLC, London, United Kingdom

    Philip Pilkington

About the author

Philip Pilkington is a research analyst working in investment management and focusing on macroeconomic research. Prior to working in investment management, Philip ran the popular Fixing the Economists blog and published regularly in various international publications on economic issues. He holds a masters degree in Economics from Kingston University, UK.

Bibliographic Information

Publish with us

Policies and ethics

Back to top

Search

Navigation