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Τζον Μέιναρντ Κέινς: Μια απαραίτητη επαναφορά, A short reference to his life and thought

Author: Kostas I. Melas

The argument in favor of bringing back to the forefront the economic thought of J.M. Keynes, developed in this book, aims to restore the damaged status of economic science after the successive...

The argument in favor of bringing back to the forefront the economic thought of J.M. Keynes, developed in this book, aims to restore the damaged status of economic science after the successive failures and shortcomings caused by the dominant neoclassical school in its attempt to make it equivalent to physics.

The key points that need to be considered to...

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Description

Description

The argument in favor of bringing back to the forefront the economic thought of J.M. Keynes, developed in this book, aims to restore the damaged status of economic science after the successive failures and shortcomings caused by the dominant neoclassical school in its attempt to make it equivalent to physics.

The key points that need to be considered to achieve the desired restoration are as follows:

1. Economists of the dominant school believe that they have precise and solid answers to everything. They construct models and theories claiming that they can calculate and predict the future, while this is not the case.

2. The childish and excessive faith that mathematics can provide answers to significant economic problems must be called into question. Mathematics gives precise answers to precise questions. However, the important and interesting questions posed in economic reality are not of that kind.

3. There is a prevailing view that there are general ahistorical laws governing economic activity. Unfortunately or fortunately, the most we can hope for in the real economy is the formulation of trends with varying degrees of generality.

4. Economists must stop behaving arrogantly towards other social sciences. Fundamental economic assumptions arise from them (psychology, sociology, etc.).

5. Additionally, there is a need to stop constructing macro-models based on unrealistic microfoundations.

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Specifications

Specifications

Specifications

Author
Kostas I. Melas
Publisher
Ekdotikos Oikos A. A. Livani
Language
Greek
Subtitle
A short reference to his life and thought
Cover
Soft
Number of Pages
174
Release Date
2/2019
Publication Date
2019
Dimensions
14x20.5 cm
ISBN-13
9789601433950

Book Type

Diversity, Equity & Inclusion (DEI)
No

Important information

Specifications are collected from official manufacturer websites. Please verify the specifications before proceeding with your final purchase. If you notice any problem you can report it here.

See all specifications

Description & Specifications

The argument in favor of bringing back to the forefront the economic thought of J.M. Keynes, developed in this book, aims to restore the damaged status of economic science after the successive failures and shortcomings caused by the dominant neoclassical school in its attempt to make it equivalent to physics.

The key points that need to be considered to achieve the desired restoration are as follows:

1. Economists of the dominant school believe that they have precise and solid answers to everything. They construct models and theories claiming that they can calculate and predict the future, while this is not the case.

2. The childish and excessive faith that mathematics can provide answers to significant economic problems must be called into question. Mathematics gives precise answers to precise questions. However, the important and interesting questions posed in economic reality are not of that kind.

3. There is a prevailing view that there are general ahistorical laws governing economic activity. Unfortunately or fortunately, the most we can hope for in the real economy is the formulation of trends with varying degrees of generality.

4. Economists must stop behaving arrogantly towards other social sciences. Fundamental economic assumptions arise from them (psychology, sociology, etc.).

5. Additionally, there is a need to stop constructing macro-models based on unrealistic microfoundations.

Manufacturer

Specifications

Author
Kostas I. Melas
Publisher
Ekdotikos Oikos A. A. Livani
Language
Greek
Subtitle
A short reference to his life and thought
Cover
Soft
Number of Pages
174
Release Date
2/2019
Publication Date
2019
Dimensions
14x20.5 cm
ISBN-13
9789601433950

Book Type

Diversity, Equity & Inclusion (DEI)
No

Important information

Specifications are collected from official manufacturer websites. Please verify the specifications before proceeding with your final purchase. If you notice any problem you can report it here.

11,25 €
14,00 €   shipping cost