Joan Robinson (1903-1983) was one of the greatest economists of the twentieth century and a fearless critic of free-market capitalism. A major figure in the controversial ‘Cambridge School’ of economics in the post-war period, she made fundamental contributions to the economics of international trade and development. In Economic Philosophy Robinson looks behind the curtain of economics to reveal a constant battle between economics as a science and economics as ideology, which she argued was integral to economics. In her customary vivid and pellucid style, she criticizes early economists Adam Smith and David Ricardo, and neo-classical economists Alfred Marshall, Stanley Jevons and Leon Walras, over the question of value. She shows that what they respectively considered to be the generators of value - labour-time, marginal utility or preferences - are not scientific but ‘metaphysical’, and that it is frequently in ideology, not science, that we find the reason for the rejection of economic theories. She also weighs up the implications of the Keynesian revolution in economics, particularly whether Keynes’s theories are applicable to developing economies. Robinson concludes with a prophetic lesson that resonates in today’s turbulent and unequal economy: that the task of the economist is to combat the idea that the only values that count are those that can be measured in terms of money. This Routledge Classics edition includes a new foreword by Sheila Dow.
This text will provide an excellent introduction to the philosophy of economics for students and interested general readers alike.
This volume, explores the nature of economics as a science, including classic texts and newer essays.
This gives rise to philosophical disputes about its goals and achievements, concepts and methods. The essays in this Handbook are divided in two parts.
This book is an ideal introduction for anyone seeking alternative or critical perspectives on the philosophy of economics and economic theory.
What is unique about Bulgakov, Catherine Evtuhov explains in her introduction to this book, is that he bridges two worlds.
This book explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek.
in Lorraine M. McDonnell, P. Michael Timpane, and Roger Benjamin (eds.), Rediscovering the Democratic Purposes of Education. Lawrence: University Press of Kansas, 2000, pp. 73–90. Hamlin,Alan. Ethics, Economics, and the State.
Starting with individual choice, the book develops an account of rationality to introduce readers to decision theory, utility theory, and concepts of welfare economics and consumer choice theory.
Adam Smith and the Philosophy of Law and Economics is a unique book. Malloy and Evensky bring together a team of international and interdisciplinary scholars to address the work of Adam Smith as it relates to law and economics.
The only book on the market to include classical and contemporary readings from key authors in Philosophy, Politics, and Economics (PPE), this unique anthology provides a comprehensive overview of the central topics in this rapidly ...