The Role of Economic Theory

Author:   Philip A. Klein
Publisher:   Springer
Edition:   Softcover reprint of the original 1st ed. 1994
Volume:   40
ISBN:  

9789401045971


Pages:   263
Publication Date:   06 October 2012
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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The Role of Economic Theory


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Overview

What is the role of economic theory? Is there any common ground among economists of different schools concerning the role or roles to be played by theory? These were the basic questions in my mind when I undertook to edit a book on the subject. I thought it might prove insightful to exam­ ine the views of distinguished economists of very different persuasions and perspectives on the discipline in general. Accordingly, I invited economists from many of the major schools or groups in contemporary economics to contribute essays. Some were uninterested; some were too busy; but many were more than willing to participate in the exercise. The results make up this book. I knew (or thought I knew) what economists who believe in interven­ tionist policy were going to say, but I was unsure what other economists would say. I found the diversity in the replies, as well as some unexpected agreement, to be thOUght-provoking. I learned from all the participants. I wish to thank Warren Samuels, who originally invited me to edit a book in his series for Kluwer, and Marc Tool, who gave much needed advice and counsel along the way. They both have my thanks for their assistance to me. I thank my colleague, Michael Baye, for his help.

Full Product Details

Author:   Philip A. Klein
Publisher:   Springer
Imprint:   Springer
Edition:   Softcover reprint of the original 1st ed. 1994
Volume:   40
Dimensions:   Width: 15.50cm , Height: 1.40cm , Length: 23.50cm
Weight:   0.427kg
ISBN:  

9789401045971


ISBN 10:   9401045976
Pages:   263
Publication Date:   06 October 2012
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

1 Introduction.- 2 The Roles of Theory in Economics.- 3 Economic Theory In the Postrevolutionary Moment of the 1990s.- 4 The Role of Economic Theory: Keynesian Macroeconomics.- 5 Methodology of Critical Marxian Economic Theory.- 6 Does Economics Need Theories?.- 7 The Multifarious Role of Theories in Economics: The Case of Different Keynesianisms.- 8 Monetarism and Its Rhetoric.- 9 Conceptual Economic Theory.- 10 An Institutionalist Mode of Inquiry: Limitations of Orthodoxy.- 11 An Assessment.- About the Authors.

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