Rethinking Economics: From Analogies to the Real World
This brief responds to the criticism that mainstream economics is currently facing due to its heavy reliance on models and narrow range of quantitative research techniques. It takes a broader view, identifying issues that are also relevant for heterodox and pluralist approaches to economics. By ackn...
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2015
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oai:scholar.dlu.edu.vn:DLU123456789-593012023-11-11T06:33:51Z Rethinking Economics: From Analogies to the Real World Birks, Stuart Economic Theory Management Science Economics This brief responds to the criticism that mainstream economics is currently facing due to its heavy reliance on models and narrow range of quantitative research techniques. It takes a broader view, identifying issues that are also relevant for heterodox and pluralist approaches to economics. By acknowledging that the world of theory is not the same as the reality that we are trying to understand, the brief focuses on three paths that generally receive little attention. These are: from theory to the real world; from theory to empirical analysis; and from empirical results to policy application. Each path highlights a range of related concerns and qualifications, and the focus on these transitions provides a strong basis for critical evaluation of analyses and potentially more realistic results and recommendations. It also provides a framework for synthesizing information from alternative schools of thought and across disciplines. In addition, the importance of framing and rhetoric is demonstrated. The brief addresses philosophical and methodological issues using a clear, non-technical approach that can be easily understood by a non-specialist audience 2015-12-04T07:06:26Z 2015-12-04T07:06:26Z 2015 Book 978-981-287-176-3 978-981-287-175-6 https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59301 en application/pdf Springer |
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Thư viện Trường Đại học Đà Lạt |
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Thư viện số |
language |
English |
topic |
Economic Theory Management Science Economics |
spellingShingle |
Economic Theory Management Science Economics Birks, Stuart Rethinking Economics: From Analogies to the Real World |
description |
This brief responds to the criticism that mainstream economics is currently facing due to its heavy reliance on models and narrow range of quantitative research techniques. It takes a broader view, identifying issues that are also relevant for heterodox and pluralist approaches to economics. By acknowledging that the world of theory is not the same as the reality that we are trying to understand, the brief focuses on three paths that generally receive little attention. These are: from theory to the real world; from theory to empirical analysis; and from empirical results to policy application. Each path highlights a range of related concerns and qualifications, and the focus on these transitions provides a strong basis for critical evaluation of analyses and potentially more realistic results and recommendations. It also provides a framework for synthesizing information from alternative schools of thought and across disciplines. In addition, the importance of framing and rhetoric is demonstrated. The brief addresses philosophical and methodological issues using a clear, non-technical approach that can be easily understood by a non-specialist audience |
format |
Book |
author |
Birks, Stuart |
author_facet |
Birks, Stuart |
author_sort |
Birks, Stuart |
title |
Rethinking Economics:
From Analogies to the Real World |
title_short |
Rethinking Economics:
From Analogies to the Real World |
title_full |
Rethinking Economics:
From Analogies to the Real World |
title_fullStr |
Rethinking Economics:
From Analogies to the Real World |
title_full_unstemmed |
Rethinking Economics:
From Analogies to the Real World |
title_sort |
rethinking economics:
from analogies to the real world |
publisher |
Springer |
publishDate |
2015 |
url |
https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59301 |
_version_ |
1819820753804066816 |