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About this book
New economic thinking is in demand in the light of the recent economic crisis. This book equips the reader with a better understanding of current ways of thinking as well as an awareness of other possibilities, providing the foundations for debate in theory and methodology alongside practical implications for policy.
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Keywords
Table of contents (14 chapters)
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Front Matter
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Back Matter
Reviews
'For many years Sheila Dow has wisely guided our thinking through her deep discussions of methodology and its implications for teaching, research and policy, and by a wide range of analytical writings, especially on monetary matters and the workings of monetary production economies in general. Her collection of essays could not have come at a more appropriate time. For her guidance is needed more than ever as we rethink and revise our analysis of how our world works, at the moment, very badly, and what may be done about it.' - G. C. Harcourt, Professor Emeritus, University of New South Wales, Australia
'Sheila Dow has been toiling in the fields of economic methodology for a number of decades, and this book gathers the fruits of her efforts. The range of topics covered is impressive, from the non-neutrality of formalism, to how best to handle open systems, pervasive uncertainty, animal spirits, and other problems that economists must face. Throughout the volume, the vital importance of an open attitude to alternative approaches - in a phrase, methodological pluralism - is stressed. It is a fine collection.' - Bruce Caldwell, Professor of Economics, Duke University, USA
'Sheila Dow understands that the failures of economics in the financial crisis are the product of the ways in which economists think about their subject. This book explains the problem and the pluralism needed to put it right.' - John Kay, Author and Economist
Authors and Affiliations
About the author
SHEILA C. DOW is emeritus professor of Economics at the University of Stirling, UK. She has also been employed by the Bank of England and the Manitoba Government, been Director of the Stirling Centre for Economic Methodology and Chair of the International Network for Economic Methodology and author of Economic Methodology: An Inquiry.
Bibliographic Information
Book Title: Foundations for New Economic Thinking
Book Subtitle: A Collection of Essays
Authors: Sheila C. Dow
DOI: https://doi.org/10.1057/9781137000729
Publisher: Palgrave Macmillan London
eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)
Copyright Information: Palgrave Macmillan, a division of Macmillan Publishers Limited 2012
Hardcover ISBN: 978-0-230-36910-8Published: 11 April 2012
Softcover ISBN: 978-1-349-35025-4Published: 01 January 2012
eBook ISBN: 978-1-137-00072-9Published: 11 April 2012
Edition Number: 1
Number of Pages: XI, 263
Topics: Economic Policy, Macroeconomics/Monetary Economics//Financial Economics, Economic Theory/Quantitative Economics/Mathematical Methods, International Political Economy