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Home > Business and Economics > Economics > Economic theory and philosophy > Changing Aims in Economics: (Hennipman Foundation Lectures in Economics S.)
Changing Aims in Economics: (Hennipman Foundation Lectures in Economics S.)

Changing Aims in Economics: (Hennipman Foundation Lectures in Economics S.)


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About the Book

For roughly 250 years, from William Petty to Keynes, the overriding aim of political economy and economics was the clarification and guidance of political decisions. In this work, Terence Hutchison explores the fundamental shift in the aims and claims of economists which has been discernible since around 1950. Growing ambiguity and obscurantism regarding the aims of economics has brought about increasing chaos with regard to methodological principles, together with profound changes in academic curricula. These upheavals are critically reviewed and examined here.

Table of Contents:
From Petty to Keynes; the neo-classicals and real-world problems; transformation after 1945 - the formalist "revolution"; mounting criticism - 1970-1990; trying to explain the formalist "revolution"; changing objectives and methodological incoherence; disciplinary disintegration and the anti-"positivist" crusade; distinctions, demarcations and clarity; the non-academic majority and prediction - its primary task; to predict or not to predict? (that is the question); postscript.


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Product Details
  • ISBN-13: 9780631184980
  • Publisher: John Wiley and Sons Ltd
  • Publisher Imprint: Blackwell Publishers
  • Height: 216 mm
  • Weight: 399 gr
  • ISBN-10: 0631184988
  • Publisher Date: 18 Jun 1992
  • Binding: Hardback
  • Series Title: Hennipman Foundation Lectures in Economics S.
  • Width: 138 mm


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Changing Aims in Economics: (Hennipman Foundation Lectures in Economics S.)
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