The highly regarded contributors to the book argue that the standard narrative of microfoundations is likely to be unreliable. They therefore re-examine the history of the relationship of microeconomics and macroeconomics, starting from their emergence as self-consciously distin…
Several contemporary economic theories revolve around different concepts: market failures, institutions, transaction costs, information asymmetries, motivational diversity, cognitive limitations, strategic behaviors and evolutionary stability. In recent years, many economists ha…
A critique of the assumptions, theories and methodologies of mainstream economics, exposing the flaws in economic theory. Examining many of the most cherished notions of conventional economics the author finds them based on reasoning which is eternally inconsistent. An explanati…
Offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian.
A systematic comparison of the three major economic theories, showing how they differ and why these differences matter in shaping economic theory and practice.
