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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Tác giả chính: Birks, Stuart
Định dạng: Sách
Ngôn ngữ:English
Được phát hành: Springer 2015
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Truy cập trực tuyến:https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59301
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spelling 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
institution Thư viện Trường Đại học Đà Lạt
collection 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
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