{"product_id":"economics-social-science-and-pluralism-9781032212319","title":"Economics Social Science and Pluralism","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eIn the work of most classical economists  including Smith and Keynes  theory was often embedded in application. But from the second half of the last century on, mainstream economics styled itself as pure economics, where the theory is presented in a very abstract form detached from any application. This book maintains that economics is a social science whose mission is to explain and, when possible, predict, phenomena of the real-world economy. The book argues that the first step to restoring economics as a social science is to define what issues economics should address. Only after this research agenda is established should the appropriate methodology be chosen, not the other way around. In this respect, examples from other social sciences as well as from natural sciences are considered more appropriate models for economics rather than physics. Moreover, the need for a closer interaction with psychology, sociology and other social sciences is required to restore the discipline to t\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\"That economics desperately needs a new paradigm is finally recognized throughout the world in and out of academia. Neoclassical economists had nothing useful to say about the devastating financial crisis, the immense challenges of globalization, an inordinate level of inequality, the threat of ecological catastrophes, and the rise of right-wing anti-democratic populism. Thus, it should be evident to everybody that the neoliberal dogma has brought the world to a watershed moment. Beker’s masterful new book on real-world economics sheds light on how to reorient our thinking to avoid further disasters, shed neoliberal dogma, and become masters of our fate.\"\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eJohn Komlos\u003c\/strong\u003e, Professor Emeritus, University of Munich, author of \u003cem\u003eFoundations of Real-World Economics\u003c\/em\u003e \u003c\/p\u003e\u003cp\u003e\"Economics needs to analyse the major issues ranging from environmental degradation and the climate emergency, poverty and inequality, food security and financial crises, and aid policy development addressing these issues. This book challenges economists to broaden the scope of their discipline by restoring economic analysis as a social science through interdisciplinarity and study of history and institutional environment to . It shows how a pluralist approach to education, drawing on the many alternative schools of thought within economics and political economy, would enrich the understanding of economic phenomena.\"\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eMalcolm Sawyer, \u003c\/strong\u003eEmeritus Professor of Economics, University of Leeds, UK \u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eAcknowledgements, PREFACE, Chapter 1. WHY ECONOMICS WENT ASTRAY, Chapter 2. THE SCIENTIFIC METHOD IN SOCIAL SCIENCES, Chapter 3. WHAT CAN ECONOMICS LEARN FROM OTHER SCIENCES?, Chapter 4. THE METHODOLOGICAL APPROACH IN THE CLASSICS, Chapter 5. MARSHALL AND WALRAS\u003cb\u003e , \u003c\/b\u003eChapter 6. THE KEYNESIAN REVOLUTION, Chapter 7. THE COUNTER-REVOLUTION: FROM FRIEDMAN AND LUCAS TO ARROW-DEBREU, Chapter 8. FROM THE REAL BUSINESS CYCLE THEORY TO THE NEW KEYNESIANISM, Chapter 9. ECONOMICS AS A REAL-WORLD SOCIAL SCIENCE, Chapter 10. THE NEED FOR PLURALISM IN ECONOMICS, Chapter 11. NORMATIVE ECONOMICS, Chapter 12. SUMMARY AND CONCLUSIONS, APPENDIX\u003c\/p\u003e","brand":"Taylor \u0026 Francis Ltd","offers":[{"title":"Default Title","offer_id":51018903290199,"sku":"9781032212319","price":39.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781032212319.jpg?v=1750778595","url":"https:\/\/bookcurl.com\/products\/economics-social-science-and-pluralism-9781032212319","provider":"Book Curl","version":"1.0","type":"link"}