Pluralist Economics

This book is an authoritative and accessible guide to the pluralist movementthreatening to revolutionize mainstream economics. Leading figures in the fieldexpla... » 

This book is an authoritative and accessible guide to the pluralist movementthreatening to revolutionize mainstream economics. Leading figures in the fieldexplain why pluralism is a required virtue in economics how it came to beblocked and what it means for the way we think about research and teacheconomics. The first part of the book looks at how neoclassical economicsgained its stranglehold particularly in the United States and how the socialand intellectual underpinnings of economics have enabled it to maintain this inthe face of inconsistent evidence from the real world. This is then contrastedwith different approaches to pluralism. Pluralist Economics then goes on toaddress the array of arguments for establishing pluralism showing howeconomics came to function as a concealed ideology and not as a science andhow valuefree economics is an illusion. Finally it addresses the practicalproblems presented by this different way of doing economics. «