This work argues that economic theory is not only unpalatable, but can often be plain wrong. It explains why economists think the way they do and points out flaws in that thinking (something that dissident academic economists have done before). He questions economists' love of t…
Throughout the history of economic ideas, it has often been asserted that experimentation is impossible, yet, in fact, history shows that the idea of ' experimentation' has always been important, and as such has been interpreted and put to use in many ways. Rich in historical de…
The Oxford handbook of philosophy of economics
The Oxford Handbook of Philosophy of Economics is a cutting-edge reference work to philosophical issues in the practice of economics. It is motivated by the view that there is more to economics than general equilibrium theory, and that the philosophy of economics should reflect …
A small but increasing number of economists have begun to use laboratory experiments to evaluate economic propositions under carefully controlled conditions. Experimental Economics is the first comprehensive treatment of this rapidly growing area of research. While the book ackn…
A comprehensive guide to the essential relationship between markets and morals. Smith, Burke and Marx, Durkheim, Polyani and Hayek all sought to situate market exchange and property-based acquisitiveness in the broader context of human interaction and social values. This framewo…
Sociologists have rightfully claimed economy and economic activity as areas for their legitimate analysis. These articles, over 30 in total, reflect the best and most contemporary thought in the exciting field of economic sociology. Beginning with the foundation of Smith, Marx, …
The economic crisis is also a crisis for economic theory. Most analyses of the evolution of the crisis invoke three themes, contagion, networks and trust, yet none of these play a major role in standard macroeconomic models. What is needed is a theory in which these aspects are …