Contemporary economics is characterized by a mismatch between its methods of analysis and the nature of the world it seeks to interpret. Despite regular economic crises and ongoing critique of the discipline, the drift from political economy into applied mathematics appears to continue unabated. In this book, Tony Lawson advocates a relignment of economics with social reality.
In analyzing mainstream economists' misplaced universality, the author places ontology at the heart of a reoriented future in which economics is integrated within the wider human and social sciences.
'Lawson's systematic philosophical work on the reorientation of economics warrants a careful reading by any economist, heterodox or mainstream, who takes seriously the intellectual responsibility for the scientific viability of the discipline.' - Journal of Economic Issues
'Reorienting Economics is an important contribution ... I would recommend it to economists and other scholars interested in methodology, philosophy, and heterodox traditions in economics.' - Feminist Economics