Power and Neoclassical Economics is popular PDF and ePub book, written by A. Ozanne in 2015-11-12, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Power and Neoclassical Economics can be Read Online from any device for your convenience.
Power and Neoclassical Economics Book PDF Summary
Mainstream economics almost completely ignores the role power plays in determining economic outcomes, which means it can only provide partial explanations of the distribution of wealth and income, and of the problems associated with inequality and poverty. For many, this is a fundamental failing that severely limits its relevance to the real world and is the source of much dissatisfaction with, and cynicism about, economics and economists. Ozanne explains how this neglect of power has come about over the past 150 years and why it is important. He reviews various definitions and theories of power from across the social sciences and proposes a new approach that could bring considerations of power back into standard economic theory and economics teaching. The approach is simple and intuitive, involving little more than re-envisioning the social welfare function as a 'political economy function'. However, if adopted in economics teaching, it could radically change the way young economists are taught to think about economic problems and lead to a 'return to political economy'.
Detail Book of Power and Neoclassical Economics PDF
- Author : A. Ozanne
- Release : 12 November 2015
- Publisher : Palgrave Pivot
- ISBN : 1137553723
- Genre : Business & Economics
- Total Page : 0 pages
- Language : English
- PDF File Size : 12,8 Mb
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