1st Edition

Economic Methodology, History and Pluralism Expanding Economic Thought to Meet Contemporary Challenges

Edited By Ioana Negru, Penelope Hawkins Copyright 2023
258 Pages
by Routledge

258 Pages
by Routledge

258 Pages
by Routledge

Economic Methodology, History and Pluralism: Expanding Economic Thought to Meet Contemporary Challenges pays tribute to Emeritus Professor Sheila Dow (University of Stirling, Scotland). This volume focusses on the contributions of Dow to economic methodology, pluralism and the history of economic thought. These explorations serve to underpin her ideas and theories on macroeconomics, banking and... Read more

Foreword by John E. King

Introduction: Sheila Dow as a Visionary Economics Scholar

Chapter 1: The Relation of Neoclassical Economics to other Disciplines: the case of Physics and Psychology
Stavros A. Drakopoulos

Chapter 2: Sheila Dow’s Open Systems Methodology
John B. Davis

Chapter 3: Categorisation, Criticism and Pluralism in Context: Open and Closed Systems And the Project of Mathematical Modelling in Modern Economics
Tony Lawson

Chapter 4: Dualism Revisited
Geoffrey M. Hodgson

Chapter 5: Naturalism and the new challenge to Sheila Dow’s schools-of-thought approach to economics
John Hart

Chapter 6: Infinite Regress Problems and the Methodologies of Behavioural Economics
Peter E. Earl

Chapter 7: Should equilibrium be abandoned by heterodox economists?
Victoria Chick

Chapter 8: Dow, Keynes and the Pragmatic Tradition: More in Common?
Jennifer Churchill

Chapter 9: Keynes in transition: ‘The Economic Possibilities for Our Grandchildren’
Jesper Jesperson

Chapter 10: Ethical Practice in Economics: Research, Policy Advice and Education   
Paul Dalziel

Chapter 11:  Sheila Dow as historian of economic thought: The Scottish political economy tradition
Robert McMaster

Chapter 12: The conditions under which Adam Smith’s invisible hand operate
Christopher Torr

Chapter 13: Mary Theresa Rankin: A Monetary Economist in the Scottish Tradition of Political Economy
Robert W. Dimand

Chapter 14: David Hume as a Scottish Political Economist
Maria Pia Paganelli

Chapter 15: Sheila Dow’s body of work – Publications from 1980 to 2022 

Biography

Ioana Negru is a Reader in Economics at ‘Lucian Blaga’ University of Sibiu. She is the co-editor of The Ethical Formation of Economists (2019, with Wilfred Dolfsma) and of The Gift in the Economy and Society: Perspectives from Institutional Economics and Other Social Sciences (2020, with Stefan Kesting and Paolo Silvestri). She has been a member of the Skidelsky Committee for improving the economics curriculum worldwide.

Penelope Hawkins is Senior Economist in the Debt and Development Finance Branch, within the United Nations Conference on Trade and Development (UNCTAD). Her research focusses on public and private country debt, development finance, illicit financial flows and financial inclusion. Previously, as the founder and Managing Director of Feasibility (Pty) Ltd, she undertook leading research projects in the financial sector in South Africa and advised policy makers and regulators in southern and eastern Africa.