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Uneconomic Economics and the Crisis of the Model World
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Uneconomic Economics and the Crisis of the Model World

Book Details

Format Hardback or Cased Book
ISBN-10 1137385480
ISBN-13 9781137385482
Publisher Palgrave Macmillan
Imprint Palgrave Pivot
Country of Manufacture GB
Country of Publication GB
Publication Date Jan 17th, 2014
Print length 108 Pages
Weight 290 grams
Dimensions 22.50 x 14.70 x 1.90 cms
Ksh 8,100.00
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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.
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.

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