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Uneconomic Economics and the Crisis of the Model World

M Watson author

Format:Hardback

Publisher:Palgrave Macmillan

Published:17th Jan '14

Currently unavailable, and unfortunately no date known when it will be back

Uneconomic Economics and the Crisis of the Model World cover

What has gone wrong with economics? Economists now routinely devise highly sophisticated abstract models that score top marks for theoretical rigour but are clearly divorced from observable activities in the current economy. This creates an 'uneconomic economics', where models explain relationships in blackboard rather than real-life markets.

ISBN: 9781137385482

Dimensions: unknown

Weight: 304g

108 pages