Entangled political economy /

Saved in:
Bibliographic Details
Edition:First edition.
Imprint:Bingley, UK : Emerald, 2014.
Description:1 online resource.
Language:English
Series:Advances in Austrian economics ; volume 18
Advances in Austrian economics ; volume 18.
Subject:Economic policy -- Economic aspects.
Economics -- Political aspects.
BUSINESS & ECONOMICS -- Economics -- General.
BUSINESS & ECONOMICS -- Reference.
Political economy.
Economics -- Political aspects.
Business & Economics.
Economic Theory.
Electronic books.
Electronic books.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11238001
Hidden Bibliographic Details
Other authors / contributors:Horwitz, Steven, editor.
Koppl, Roger, editor.
ISBN:9781784411015
1784411019
9781784411022
1784411027
Digital file characteristics:data file
Notes:Includes bibliographical references.
Vendor-supplied metadata.
Summary:The term the "Entangled political economy" was first coined by economist Richard E. Wagner of George Mason University who challenged the "additive" political economy paradigm with his "entangled political economy," which sees public and private entities as equal and entwined players in exchange relations. This volume examines entangled political economy from several distinct but complementary points of view. The history of entangled political economy is traced to Adam Smith and Carl Menger and its implications are worked out for both theoretical and applied economics. New directions in economic modeling are struck. Finally, entanglement is found to imply complexity, which leads not only to somewhat non-standard mathematical methods in economics, but also principled limits to the explanatory and predictive power of mathematical models in political economy. The volume demonstrates that Wagners notion of entanglement opens new vistas for political economy in all its dimensions.
Other form:Print version: Entangled political economy. First edition 9781784411022