The Inexact and Separate Science of Economics

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Dissects orthodox economics, revealing its nuanced nature.

If you're intrigued by the complexities of economic theory and its practical applications, this book is a treasure trove. Daniel M. Hausman meticulously peels back the layers of orthodox economics, offering a clear view into how economic strategies and assessments are formed. It's a must-read for anyone looking to deepen their understanding of the economic structures that influence our world.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

The Inexact and Separate Science of Economics

Regular price $8.90
Unit price
per
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ISBN: 9780521425230
Date of Publication: 1992-01-31
Format: Paperback
Related Collections: Economics, Philosophy, Sociology
Related Topics: Sociology, Theory, Economics, Society, Finance
Goodreads rating: 3.94
(rated by 17 readers)

Description

This book offers a comprehensive introduction to the fundamentals of standard economics, to the strategies economists employ in applying their theories to solve particular problems, and to the ways in which economists assess their theories. The author points out that economic theorists share a vision of economic theory as a "separate" science, believing that a single theory focusing on one cause, rational "greed," can capture the basic features of the whole economic realm. Professor Hausman argues that since economic phenomena are so messy, and economic theory is thus hard to test, it is accepted because its fundamental assumptions are seen as acceptable on an intuitive level. Evidence from other sources, particularly psychology, should be used by economists in their explorations.
 

Dissects orthodox economics, revealing its nuanced nature.

If you're intrigued by the complexities of economic theory and its practical applications, this book is a treasure trove. Daniel M. Hausman meticulously peels back the layers of orthodox economics, offering a clear view into how economic strategies and assessments are formed. It's a must-read for anyone looking to deepen their understanding of the economic structures that influence our world.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.