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What’s Wrong with Economics?
A Primer for the Perplexed
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Check link for latest rating. ( 196 ratings, 26 reviews)
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Description
A passionate and informed critique of mainstream economics from one of the leading economic thinkers of our time
This insightful book looks at how mainstream economics’ quest for scientific certainty has led to a narrowing of vision and a convergence on an orthodoxy that is unhealthy for the field, not to mention the societies which base policy decisions on the advice of flawed economic models. Noted economic thinker Robert Skidelsky explains the circumstances that have brought about this constriction and proposes an approach to economics which includes philosophy, history, sociology, and politics.
Skidelsky’s clearly written and compelling critique takes aim at the way that economics is taught in today’s universities, where a focus on modelling leaves students ill-equipped to grapple with what is important and true about human life. He argues for a return to the ideal set out by John Maynard Keynes that the economist must be a “mathematician, historian, statesman, [and] philosopher” in equal measure.
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
What's Wrong with Economics? by Robert Skidelsky is praised for its critical examination of mainstream economic methodology. Reviewers highlight its focus on the limitations of economic laws compared to natural sciences and its call for a broader inclusion of social science aspects like politics and sociology. The book is seen as essential reading for those questioning traditional economics and is commended for its accessible and impactful critique.
Book Details
INFORMATION
ISBN: 9780300257496
Publisher: Yale University Press
Format: Paperback / softback
Date Published: 26 January 2021
Country: United States
Imprint: Yale University Press
Illustration: 8 b-w illus.
Audience: General / adult
DIMENSIONS
Width: 127.0mm
Height: 197.0mm
Weight: 250g
Pages: 248
About the Author
Robert Skidelsky is emeritus professor of political economy at the University of Warwick. He is the author of many books, including Money and Government: The Past and Future of Economics.
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