Verlagstext:
The articles in this book have been selected for their importance to the reform movement and for their accessibility to the general reader. Intelligibility is one of the movement’s two keystones. “Real economic problems” concern real people, so their analysis must be made intelligible to an educated general public if real democracy is to function. The second keystone of the post-autistic movement is pluralism. All analysis proceeds on the basis of concepts that admit only a partial view of the economy, thereby predetermining the set of possible conclusions. This requires economists to begin to develop an ethos of honesty regarding the limitations of their chosen approaches. In engaging and thought-provoking prose, the 66 chapters of this book bring these and other conflicts out into the open and place them in the context of the major issues of the 21st century. This book will be of key interest to all students of political economy and economic history. / Stimmen zum Buch: ‘This book is an effort to bring economics back to reality. Given the influence that economists often have on public policy, this is an important task.’ (Dean Baker, Co-Director, Centre for Economic and Policy Research, Washington) / ‘This book should be required reading for students taking economic classes and for heterodox economists who want to create a better economics.’(David F. Ruccio, Professor of Economics & Policy Studies, University of Notre Dame) / ‘Promises to reshape contemporary economic discourse to the benefit of students, professors, activists, and citizens of the world.’ (Frederic S. Lee, University of Missouri-Kansas City, author of ‘Post Keynesian Price Theory’ and editor of the Heterodox Economics Newsletter)
/ AUS DEM INHALT: / / / List of Contributors - xi
Introduction 1
Edward Fullbrook
Parti: The nature of the enemy
1The Rand Portcullis and post-autistic economics 13
Edward Fullbrook
2The social and intellectual organization and construction of 27
economics
Kyle Siler
3Psychological autism, institutional autism and economics 35
James G Devine
4Why neoclassical economics explains nothing at all 45
Steve Fleetwood
5A science too human? Economics 53
Bernard Guerrien
6Economics: the disappearing science? 63
Alan Shipman
Part 2: The faux Nobel Prize
7Beautiful mind, non-existent prize 71
Yves Gingras
8An igNobel scandal 77
Alex Millmow
9The Nobel Prize in economics - a barrier to new thinking - 81
Peter Soderbaum
Part 3: Realism versus illusion
10Seven theses for a theory of realist economics 87
Jacques Sapir
vi CONTENTS
11How reality ate itself: orthodoxy, economy and trust 105
Jamie Morgan
12Towards a realistic epistemology for economics 115
Claude Mouchot
13Neutrality is overrated 123
Juan Pablo Pardo-Guerra
14Economic history and the rebirth of respectable characters 127
Stephen T^tliak
15Revisiting The Crisis of Vision in Modern Economic Thought 135
Robert Heilbroner and William Milberg
16Modernist and pre-modernist explanation in economics 139
Kevin Quinn
17Game Theory: A refinement or an alternative to neo-classical 151
economics?
Matthew McCartney
18Towards a post-autistic managerial economics 163
Sashi Sivramkrishna
Part 4: Pluralism versus monism
19Three arguments for pluralism in economics 171
3 E King
20Pleas for pluralism 177
Esther-Mirjam Sent
21'Efficiency': whose efficiency? 185
Richard Wolff
Part 5: Saving the planet from neoclassical economics
22The 'illth' of nations and the fecklessness of policy: an 191
ecological economist's perspective
Herman EDaly
23Ecological economics is post-autistic 199
Robert Costanza
24Priceless benefits, costly mistakes: what's wrong with cost- 205
benefit analysis?
Frank Ackerman
25Is GDP a good measure of economic progress? 215
Olivier Vaury
26Living in an affluent society: it is so 'more-ish' 221
Shaun Hargreaves Heap
CONTENTS vii
Part 6: Case histories
27Kicking away the ladder 231
Ha-Joon Chang
28Japan, refutation of neoliberalism 237
Robert Locke
29Liberalisation and social structure: the case of labour intensive 259
export growth in South Asia
Matthew McCartney
30Policy relevance in the Latin American School of Economics 267
Ana Maria Bianchi
31Driving a car with no steering wheel and no road map: 273
Neoclassical discourse and the case of India
Matthew McCartney
32Dynamic versus static efficiency 281
Matthew McCartney
Part 7: Is anything worth keeping in microeconomics?
33Is anything worth keeping in standard microeconomics? 293
Bernard Guerrien
34In defence of basic economic reasoning 297
Bruce J Caldwell
35Doctrine-centred versus problem-centred economics 301
Peter Dorman
36Yes, there is something worth keeping in microeconomics 305
Deirdre McCloskey
37Response to Guerrien's essay 309
Jacques Sapir
38Theoretical substance should take priority over technique 311
Geoffrey M Hodgson
39Two perspectives to Guerrien's question 315
Steve Keen
40Superior analysis requires recognition of complexity 319
Anne Mayhem
41What should be retained from standard microeconomics 323
Julie A Nelson
42Comment on Guerrien's essay 327
Geoff Harcourt
viii CONTENTS
43For Guerrien ..and beyond 329
Gilles Raveaud
44Teaching post-autistic economics to students of political 333
science
Poul Theis Madsen
45Can we please move on? A note on the Guerrien debate 339
James K Galbraith
46Once again on microeconomics 343
Bernard Guerrien
Part 8: Some big ideas
47Two feasible future scenarios: a high-tech Utopia and a high- 353
tech dystopia
Trond Andresen
48The political economy of destructive power 367
Mehrdad Vahabi
49Capabilities: from Spinoza to Sen and beyond 377
Jorge Buzaglo
50Thermodynamics and economics 391
Dietmar Lindenberger and Reiner Ku'mmel
Part 9: Putting ethics into economics
51Ethics In economic theory 399
Charles KWilber
52Ethics and economic actors 409
Charles KWilber
53Social being as a problem for an ethical economics 417
Jamie Morgan
54When social physics becomes a social problem: economics, 427
ethics and the new order
Juan Pablo Pardo-Guerra
55The economist's long farewell 435
Robert E Lane
Part 10: Student voices
56Politics versus economics: keeping it real 445
Daniel Gay
57Form and content in neoclassical theory 451
Asatar Bair
CONTENTS
58Of textbooks: in search of method 457
Nathaniel N Chamberland ^
59Consumer sovereignty re-examined 463
Goutam UJois
Appendix: Students in rebellion
Appendix IThe French students' petition 471
Appendix IIThe French professors' petition 473
Appendix IIIPost-autistic Economics Newsletter, issue no1 477
Appendix IVThe Cambridge University students' petition 483
Appendix VAn international open letter - 485
Appendix VIThe Harvard students' petition 489
Index of names 493