Search results for ""author ernesto screpanti""

Pluralism in Economics sheds new light on the various meanings and consequences of pluralist approaches to the history and methodology of economics. The first part focuses on philosophical and methodological issues. The second part contains six case studies which discuss diverse issues but adopt the pluralistic approach recommended in the first part.The contributors attempt to reconcile two major strands of thinking in economic methodology: the 'rhetoric' of economics as advocated by Deirdre McCloskey and the sociological approach which argues that scientific knowledge can be best analysed in the context of a sociological understanding of the scientific enterprise.The book has been prepared under the auspices of the European Association for Evolutionary Political Economy and presents new work by leading economists from both Europe and North America.

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Rethinking Economics is a major contribution to the reconstruction of an economic theory appropriate to the 21st century.Just as major changes are occurring in the world economy, economics itself is on the brink of change. Orthodox economics is now widely criticized for its sterility and its limited applicability to real-world economic problems. Standard theoretical tools such as general equilibrium theory are now regarded, even by their leading practitioners, as highly limited and problematic. New ideas from chaos theory, evolutionary modelling and institutional theory point to new, non-reductionist approaches in which there are units of analysis other than the atomistic individual. This work addresses core economic concepts, such as individual choice, prices, markets, production, industries, technology, innovation and economic growth in the light of these developments.This unique, up-to-date volume makes a seminal contribution at the frontiers of economic theory.

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