Economics has become polarised. On the one hand there is a body of economists who concern themselves with progressing their discipline via an increasing use of mathematical modelling. On the other hand, there are economists who believe passionately that in order for economics to be useful it needs to take account of its history, its impact on society and its real world applications.
The contributors to this book fix their scholarly glare on the heterodox section of economics, and in particular upon critical realist approaches to the subject. Experts from a variety of perspectives have come together in these pages to examine the impact and usefulness of critical realism in relation to the different spheres within economics.
Notable for its contributions from such distinguished figures as Clive Granger, Edward J. Nell and Peter J. Boettke - this book deserves to find a ready audience across the economics spectrum.
Table of Contents
1. Transforming Economics? On Heterodox Economics and the Ontological Turn in Economic Methodology 2. Transforming Post Keynesian Economics: Critical Realism and the Post Keynesian Project 3. Macroeconomic Theory, (Critical) Realism and Capitalism 4. Critical Realism and Transformational Growth 5. Critical Realism and Econometrics: An Econometrician's Viewpoint 6. Critical Realism and Feminist Economics: How well do they get along? 7. The Agency-Structure Model and the Embedded Individual in Heterodox Economics 8. Critical Realism and the Heterodox Tradition in Economics 9. Economics as Social Theory and the New Economic Sociology 10. The Really Real in Economics 11. Addressing the Critical and the Real in Critical Realism 12. Economics as Symptom 13. The Economics of Institutions and the Institutions of Economics 14. A Note on Critical Realism, Scientific Exegesis and Schumpeter 15. Tranforming Methodology: Critical Realism and Recent Economic Methodology
Paul Lewis is Newton Trust Lecturer at the Faculty of Economics and Politics, Cambridge University, UK.