Rethinking economics : from analogies to the real world /

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Bibliographic Details
Author / Creator:Birks, Stuart, author.
Imprint:Singapore : Springer, [2014]
©2015
Description:1 online resource (xii, 87 pages) : illustrations.
Language:English
Series:SpringerBriefs in Economics, 2191-5504
SpringerBriefs in economics,
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11087448
Hidden Bibliographic Details
ISBN:9789812871763
9812871764
9789812871756
Notes:Includes bibliographical references and indexes.
Online resource; title from PDF title page (SpringerLink, viewed September 10, 2014).
Summary:This brief responds to the criticism that mainstream economics is currently facing due to its heavy reliance on models and narrow range of quantitative research techniques. It takes a broader view, identifying issues that are also relevant for heterodox and pluralist approaches to economics. By acknowledging that the world of theory is not the same as the reality that we are trying to understand, the brief focuses on three paths that generally receive little attention. These are: from theory to the real world; from theory to empirical analysis; and from empirical results to policy application. Each path highlights a range of related concerns and qualifications, and the focus on these transitions provides a strong basis for critical evaluation of analyses and potentially more realistic results and recommendations. It also provides a framework for synthesizing information from alternative schools of thought and across disciplines. In addition, the importance of framing and rhetoric is demonstrated. The brief addresses philosophical and methodological issues using a clear, non-technical approach that can be easily understood by a non-specialist audience.
Other form:Print version: Birks, Stuart. Rethinking Economics : From Analogies to the Real World. Dordrecht : Springer, ©2014 9789812871756
Standard no.:10.1007/978-981-287-176-3