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University of Chicago Press
Economics: The Culture of a Controversial Science / Edition 2

Economics: The Culture of a Controversial Science / Edition 2

by Melvin W. Reder


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Product Details

ISBN-13: 9780226706092
Publisher: University of Chicago Press
Publication date: 01/28/1999
Series: Phoenix Poets Ser.
Edition description: 1
Pages: 391
Product dimensions: 6.00(w) x 9.00(h) x 1.20(d)

About the Author

Melvin W. Reder is the Isidore and Gladys J. Brown Professor Emeritus in the Graduate School of Business at the University of Chicago. He is the author of Studies in the Theory of Welfare Economics and Labor in a Growing Economy.

Table of Contents

Pt. 1: Culture and Science
1: Overview
2: Economics and other Sciences
Pt. 2: Paradigms and Anomalies
3: The Dominant Paradigm: RAP
4: The Keynesian Paradigm: KP
5: Of Debt and Taxes: DP Versus RAP
6: Some other Paradigms
7: The Criteria of Validity in Economics
8: "Successes" of Positive Economics: Two Examples
Pt. 3: Welfare Economics and Ideology
9: Welfare Economics
10: RAP and the Ideology of Laissez-Faire
Pt. 4: Economics and Society
11: What is Economics Good for?
12: What is Good Economics?
13: Prizes, Establishments, and Heroes
14: The Boundaries of Economics
Name Index
Subject Index


The field of economics has always had an unstable reputation in the academic world, and in the public eye as well: some consider economists to be scientists, while others see them as disguised ideologues. The resulting insecurities have driven economists to continually redefine their discipline, from its scope and its methods to its content. Economics: The Culture of a Controversial Science incisively describes the profession of economics as it has developed in response to these peculiar challenges.

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