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Inclusive Economic Theory

Af: Steven Rosefielde, Ralph William (Univ Of North Carolina At Chapel Hill Pfouts Engelsk Hardback

Inclusive Economic Theory

Af: Steven Rosefielde, Ralph William (Univ Of North Carolina At Chapel Hill Pfouts Engelsk Hardback
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The goal of "Inclusive Economics" is to tie together various authoritative strands of contemporary economic theory into an easily comprehensible whole that illuminates the need for a broader approach to contemporary economic policymaking undistorted by obsolete 18th century rationalist assumptions about utility, ethics, worthiness and traditional culture. This is accomplished by elaborating the rationalist competitive ideal along the optimizing lines pioneered by Paul Samuelson (neoclassical economics); plumbing modifications necessitated by Herbert Simon's realist concepts of "bounded rationality" and "satisficing"; refined further by applying a pragmatist outlook to probe the consequences of relaxing Enlightenment teleological, ethical, spiritual and cultural taboos. The exercise will explain why competitive market economies guided by rational utility-seeking invariably are less productive, efficient, just and beneficent than most theorists concede, and will illuminate the full range of interventions needed to achieve better outcomes. We call this program in its entirety "Inclusive Economics", including the integration of micro and macroeconomics.
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The goal of "Inclusive Economics" is to tie together various authoritative strands of contemporary economic theory into an easily comprehensible whole that illuminates the need for a broader approach to contemporary economic policymaking undistorted by obsolete 18th century rationalist assumptions about utility, ethics, worthiness and traditional culture. This is accomplished by elaborating the rationalist competitive ideal along the optimizing lines pioneered by Paul Samuelson (neoclassical economics); plumbing modifications necessitated by Herbert Simon's realist concepts of "bounded rationality" and "satisficing"; refined further by applying a pragmatist outlook to probe the consequences of relaxing Enlightenment teleological, ethical, spiritual and cultural taboos. The exercise will explain why competitive market economies guided by rational utility-seeking invariably are less productive, efficient, just and beneficent than most theorists concede, and will illuminate the full range of interventions needed to achieve better outcomes. We call this program in its entirety "Inclusive Economics", including the integration of micro and macroeconomics.
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Produktdetaljer
Sprog: Engelsk
Sider: 220
ISBN-13: 9789814566643
Indbinding: Hardback
Udgave:
ISBN-10: 9814566640
Kategori: Økonomisk teori og filosofi
Udg. Dato: 23 dec 2014
Længde: 18mm
Bredde: 154mm
Højde: 237mm
Forlag: World Scientific Publishing Co Pte Ltd
Oplagsdato: 23 dec 2014
Forfatter(e): Steven Rosefielde, Ralph William (Univ Of North Carolina At Chapel Hill Pfouts
Forfatter(e) Steven Rosefielde, Ralph William (Univ Of North Carolina At Chapel Hill Pfouts

Kategori Økonomisk teori og filosofi

ISBN-13 9789814566643

Sprog Engelsk

Indbinding Hardback

Sider 220

Udgave

Længde 18mm

Bredde 154mm

Højde 237mm

Udg. Dato 23 dec 2014

Oplagsdato 23 dec 2014

Forlag World Scientific Publishing Co Pte Ltd