Guide To What's Wrong With Economics

From the 1960s onward, neoclassical economists have increasingly managed to block the employment of non-neoclassical economists, narrow the economics curriculum offered by universities to students and make their theories increasingly irrelevant to understanding economic reality. Now they are even banishing economic history and the history of economic thought from the curriculum. Why has this tragedy happened? At a time of accelerating momentum for radical change in the study of economics, A Guide to What's Wrong with Economics comprehensively re-examines the shortcomings of neoclassical economics and considers a number of alternative formulations. In it, a distinguished list of non-neoclassical economists provide a study of some of the many worldly and logical gaps in neoclassical economics, its hidden ideological agendas, disregard for the environment, habitual misuse of mathematics and statistics, inability to address the major issues of economic globalization, its ethical cynicism concerning poverty, racism and sexism, and its misrepresentation of economic history. In clear and engaging prose, A Guide to What's Wrong with Economics shows how interesting, relevant and exciting economics can be when it is pursued not as a defence of an antiquated and close-minded system of belief, but as a no-holds-barred inquiry looking for real-world truths. This book is a must-read for all economists and advanced students of economics, as well as for the general reader.Fullbrook, Edward is the author of 'Guide To What's Wrong With Economics', published 2004 under ISBN 9781843311485 and ISBN 1843311488.