- 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
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- About this book
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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.
- About the authors
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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.
- Table of contents (5 chapters)
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The Importance of Rhetoric and Framing
Pages 1-11
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Logical Gaps: Path A—Theory to the Real World
Pages 13-28
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Logical Gaps: Path B—Theory to Empirical Formulations
Pages 29-46
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Logical Gaps: Path C—Empirical Results to the Real World
Pages 47-67
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A Way Forward
Pages 69-77
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Table of contents (5 chapters)
- Download Preface 1 PDF (56.8 KB)
- Download Sample pages 2 PDF (160.7 KB)
- Download Table of contents PDF (77.2 KB)
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Bibliographic Information
- Bibliographic Information
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- Book Title
- Rethinking Economics
- Book Subtitle
- From Analogies to the Real World
- Authors
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- Stuart Birks
- Series Title
- SpringerBriefs in Economics
- Copyright
- 2015
- Publisher
- Springer Singapore
- Copyright Holder
- The Author(s)
- eBook ISBN
- 978-981-287-176-3
- DOI
- 10.1007/978-981-287-176-3
- Softcover ISBN
- 978-981-287-175-6
- Series ISSN
- 2191-5504
- Edition Number
- 1
- Number of Pages
- XII, 87
- Number of Illustrations
- 2 b/w illustrations
- Topics
