Oxford University Press

Dilemmas in Economic Theory

Subjects: Economic theory & philosophy, Economics
ISBN13: 9780195100877
Published: 01 Oct 1998

Format - Hardback
By Mandler, Michael

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Regular price A$240.95
Sale price A$240.95 Regular price A$248.40

Dilemmas in Economic Theory

Regular price A$240.95
Sale price A$240.95 Regular price A$248.40
Product description

By examining the development of economics in the 20th century, this book argues that the breakthroughs of post WWII general equilibrium theory and its rejection of utilitarianism and marginal productivity have been misunderstood. Mandler maintains that although earlier neoclassicism deserved criticism, current theory does not adequately address the problems the discarded concepts were designed to solve, and that intractable dilemmas therefore appear.

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