Uneconomic Economics and the Crisis of the Model World PDF, ePub eBook

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Book Summary

What has gone wrong with economics? Economists now routinely devise highly sophisticated abstract models that score top marks for theoretical rigour but are clearly divorced from observable activities in the current economy. This creates an 'uneconomic economics', where models explain relationships in blackboard rather than real-life markets.

File Name:Uneconomic Economics and the Crisis of the Model World
Posted By:M. Watson
Published on 2014-01-17 by Springer
ISBN-10:1137385499
Status : AVAILABLE
Ratting: 4.6 of 5 | PDF File Ready to download

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