Social Limits to Economic Theory (Modern Economics)

✍ Scribed by J. Mulberg

• Year: 1995
• Tongue: English
• Leaves: 217
• Edition: 1
• Category: Library

✦ Synopsis

Modern economics makes much of its claim to be impartial, objective and value-free but it is unable to address our most immediate problems such as widespread environmental degradation and persistent poverty. In Social Limits to Economic Theory Jon Mulberg argues for a new progressive political economy, based on notions of community and justice and incorporating environmental and ethical considerations. In doing so he provides the best introduction to date to critical, non-orthodox economics.

✦ Table of Contents

BOOK COVER......Page 1
HALF-TITLE......Page 2
TITLE......Page 3
COPYRIGHT......Page 4
DEDICATION......Page 5
CONTENTS......Page 6
PREFACE AND ACKNOWLEDGEMENTS......Page 8
INTRODUCTION AND OVERVIEW......Page 10
POSITIVE SCIENCE......Page 20
POSITIVE ECONOMICS......Page 25
SOCIAL THEORY OF POSITIVISM......Page 39
MARKET SOCIALISM......Page 86
Bentham......Page 49
Jevons......Page 51
Edgeworth......Page 56
Marshall......Page 58
Pigou......Page 67
Pareto......Page 71
Robbins......Page 74
Hicks......Page 75
Samuelson......Page 76
Welfare economics......Page 79
AUSTRIAN CRITIQUE......Page 93
NORMATIVE THEORY......Page 105
4 AMERICAN INSTITUTIONALISM......Page 112
Veblen......Page 113
Mitchell......Page 122
Ayres......Page 128
Commons......Page 133
5 NEW INSTITUTIONALISM......Page 158
GAME THEORY......Page 143
TRANSACTION-COST ANALYSIS......Page 145
EVOLUTIONARY THEORIES OF THE FIRM......Page 148
CRITIQUE......Page 149
Hirsch......Page 159
Environmental economics......Page 163
Positive freedom......Page 169
Market limitations......Page 172
Participation......Page 176
SUMMARY AND CONCLUSION......Page 182
NOTES......Page 188
REFERENCES......Page 198
INDEX......Page 210