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Issues In Heterodox Economics

Donald A. R. George (Edited by), George (Author)

9781405179614, Wiley

Paperback / softback, published 4 January 2008

304 pages
24.6 x 17 x 1.7 cm, 0.517 kg

Through contributions from leading authors, Issues in Heterodox Economics provides a critical analysis of the methodology of mainstream economics.


  • Challenges economists to abandon sterile formalism and develop new intellectual rigors to contribute to pressing contemporary issues
  • A series of cutting-edge articles provides a critical analysis of the dependence of mainstream economics on mathematical modelling and other methodologies
  • Topics discussed include sustainable development, worker control of firms, evolutionary growth theory, and more
  • Challenges economists to abandon sterile formalism and develop new intellectual rigors to contribute to pressing contemporary issues

1. Consolations for The Economist: The Future of Economic Orthodoxy 1
Donald A.R. George

2. Axiomatization and Formalism in Economics 11
T.A. Boylan and P.F. O'Gorman

3. Variety of Methodological Approach in Economics 33
Sheila C. Dow

4. Variations on The Theme of Conning in Mathematical Economics 53
K. Vela Velupillai

5. The Sociological Approach to Financial Markets 95
Alex Preda

6. Workers' Savings and The Right to Manage 123
Donald A.R. George

7. A New Vision of The Knowledge Economy 143
Brian Chi-ang Lin

8. Evolutionary and New Growth Theories. Are They Converging? 175
Fulvio Castellacci

9. Repetition and Financial incentives in Economics Experiments 219
Jinkwon Lee

Index 273

Subject Areas: Economics [KC]
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