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Cambridge Surveys of Economic Literature: The Methodology of Economics: Or, How Economists Explain (Paperback)
  • Cambridge Surveys of Economic Literature: The Methodology of Economics: Or, How Economists Explain (Paperback)
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Cambridge Surveys of Economic Literature: The Methodology of Economics: Or, How Economists Explain (Paperback)

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£50.99
Paperback 316 Pages / Published: 31/07/1992
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This book is an examination of the nature of economic explanation. The opening chapters introduce current thinking in the philosophy of science and review the literature on methodology. Professor Blaug then turns to the troublesome question of the logical status of welfare economics, giving the reader an understanding of the outstanding issues in the methodology of economics. This is followed by a series of case studies of leading economic controversies, which shows how controversies in economics may be illuminated by paying attention to questions of methodology. A final chapter draws the strands together and gives the author's view of what is wrong with modern economics. This book is a revised and updated edition of a classic work on the methodology of economics, in which Professor Blaug develops his discussion of the latest developments in macroeconomics, general equilibrium theory and international trade theory. A new section on the rationality postulate is also added.

Publisher: Cambridge University Press
ISBN: 9780521436786
Number of pages: 316
Weight: 470 g
Dimensions: 229 x 152 x 18 mm
Edition: 2nd Revised edition


MEDIA REVIEWS
'It is beyond doubt that Blaug's book is one of the few really outstanding works in the recent literature on economic methodology.' Andrea Salanti, Ricerche Economiche
"This is a well-written and stimulating book...The summaries of the relevant literature are very good; its critical comments are balanced and fair. Many economists will find it a useful book". Journal of Economic Literature
"...If one is looking for a single book that might safely be put into the hands of economics students to inform them about relevant developments in the philosophy of science, about the tradition of self-conscious appraisal in their own discipline, and about the empirical substance of what they will almost everywhere be taught as mainstream economics, then this is it." Neil De Marchi, The Economic Journal

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