What is Neoclassical Economics?

Despite some diversification modern economics still attracts a great deal of criticism. This is largely due to highly unrealistic assumptions underpinning economic theory, explanatory failure, poor policy framing, and a dubious focus on prediction. Many argue that flaws continue to owe much of their shortcomings to neoclassical economics. As a result, what we mean by neoclassical economics remains a significant issue. This collection addresses the issue from a new perspective, taking as its point of departure Tony Lawson's essay 'What is this 'school' called neoclassical economics?'.

Autorentext
Jamie Morgan is Reader at the School of Accounting, Finance and Economics, Leeds Beckett University, UK.

Inhalt
1. What is this school called neoclassical economics? 2. From neoclassical theory to mainstream modelling: fifty years of moral hazard in perspective 3. Neo-classicism, critical realism and the Cambridge methodological tradition 4. Lawson, Veblen and Marshall: How to read modern Neoclassicalism 5. Lawson on Veblen on social ontology 6. Why is this school called neoclassical economics? Classicism and neoclassicism in historical context 7. Ten Propositions on 'Neoclassical' Economics 8. Neoclassical Economics: An Elephant is not a Chimera But is a Chimera Real? 9. The State of Nature and Natural States - ideology and formalism in the critique of neoclassical economics 10. Heterodox economics, social ontology, and the use of mathematics 11. Is Neoclassical Economics mathematical? Is there a non-Neoclassical mathematical economics? 12. Neoclacissism forever 13. Reflections upon Neoclassical Labour Economics

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