Economics and Reality

Economics and Reality

by Tony Lawson
     
 

ISBN-10: 0415154219

ISBN-13: 9780415154215

Pub. Date: 04/17/1997

Publisher: Taylor & Francis

'No reality please. We're economists'. There is a wide spread belief that modern economics is irrelevant to the understanding of the real world. In a controversial and original study, Tony Lawson argues that the root of this irrelevance is in the failure of economists to find methods and tools which are appropriate for the social world it addresses.
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Overview

'No reality please. We're economists'. There is a wide spread belief that modern economics is irrelevant to the understanding of the real world. In a controversial and original study, Tony Lawson argues that the root of this irrelevance is in the failure of economists to find methods and tools which are appropriate for the social world it addresses.
Supporting his argument with a wide range of examples, Tony Lawson offers a provocative account of why economics has gone wrong and how it can be put back on track.

Product Details

ISBN-13:
9780415154215
Publisher:
Taylor & Francis
Publication date:
04/17/1997
Series:
Economics as Social Theory Series
Edition description:
New Edition
Pages:
388
Product dimensions:
6.00(w) x 9.00(h) x 0.86(d)

Table of Contents

Preface and acknowledgements
1Enduring Tensions as Points of Departure3
2Realism, Explanation and Science15
3The Case for Transcendental Realism27
4The Legacy of Positivism36
5The Nature of the Argument43
6Towards a Richer Ontology62
7Econometrics69
8Economic 'Theory'86
9Alternatives and/or Preliminaries to Successful Explanation108
10Subjectivism134
11The Limits of Contemporary Economics152
12Society and Economy as Reproduced Inter-Dependencies157
13A Sketch of the Acting Subject174
14Broad Objectives and Possible Obstacles191
15Economic Science without Experimentation199
16Abstraction227
17On Truth in Economics238
18Illustration247
19Economic Policy and Intended Change275
20Economic Science and Prediction282
Notes290
Bibliography335
Name index352
Subject index357

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