Overview
- Takes a broad-based approach to economics
- Opens the door to pluralist perspectives
- Addresses philosophical and methodological issues
- Highlights the limitations of conventional techniques
- Relevant to both academics and practitioners
- Includes supplementary material: sn.pub/extras
Part of the book series: SpringerBriefs in Economics (BRIEFSECONOMICS, volume 0)
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Table of contents (5 chapters)
Keywords
About this book
This brief responds to the criticism that mainstream economics is currently facing due to its heavy reliance on models and narrow range of quantitative research techniques. It takes a broader view, identifying issues that are also relevant for heterodox and pluralist approaches to economics. By acknowledging that the world of theory is not the same as the reality that we are trying to understand, the brief focuses on three paths that generally receive little attention. These are: from theory to the real world; from theory to empirical analysis; and from empirical results to policy application. Each path highlights a range of related concerns and qualifications, and the focus on these transitions provides a strong basis for critical evaluation of analyses and potentially more realistic results and recommendations. It also provides a framework for synthesizing information from alternative schools of thought and across disciplines. In addition, the importance of framing and rhetoric is demonstrated. The brief addresses philosophical and methodological issues using a clear, non-technical approach that can be easily understood by a non-specialist audience.
Authors and Affiliations
About the author
After studying mathematical economics and econometrics, Stuart worked as an economist in multi-disciplinary teams undertaking regional strategic planning. He then returned to the academic world, specializing in applying economics in relation to land, health, education, social policy and law. His experience in cross-disciplinary work combined with an interest in broader methodological issues provided insights other than those afforded by a conventional academic within-discipline perspective. This blended well with his teaching, which has focused on graduate-level courses, many of which have been to mature students with professional experience in a wide range of areas. He has been recognized with Life Membership of the New Zealand Association of Economists and an award of Fellow of the Law and Economics Association of New Zealand.
Bibliographic Information
Book Title: Rethinking Economics
Book Subtitle: From Analogies to the Real World
Authors: Stuart Birks
Series Title: SpringerBriefs in Economics
DOI: https://doi.org/10.1007/978-981-287-176-3
Publisher: Springer Singapore
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: The Author(s) 2015
Softcover ISBN: 978-981-287-175-6Published: 08 September 2014
eBook ISBN: 978-981-287-176-3Published: 27 August 2014
Series ISSN: 2191-5504
Series E-ISSN: 2191-5512
Edition Number: 1
Number of Pages: XII, 87
Number of Illustrations: 2 b/w illustrations
Topics: Economic Theory/Quantitative Economics/Mathematical Methods, Econometrics, Economic Policy