ABSTRACT

This book is about forming effective critiques of neoclassical economics. Its focus is on constructive criticism of the foundations neoclassical theory, beginning with what Alfred Marshall called the `Principles of Economics'. It concludes that there is still much that can be done to make neoclassical economics more realistic.

part |1 pages

Part I The essential elements

part |1 pages

Part II Some neglected elements

part |1 pages

Part III Some missing elements

chapter 9|18 pages

The foundations of Keynes’ methodology

chapter 10|7 pages

Individualism without psychology

part |1 pages

Part IV Some technical questions

chapter 12|14 pages

Lexicographic orderings

chapter 13|21 pages

Revealed Preference vs Ordinal Demand

chapter 14|18 pages

Giffen goods vs market-determined prices