ABSTRACT
It is essential that we begin this chapter with a rather simple point. This point is that the theories which together constitute the main body of traditional economics are interpretations of social reality as seen through the eyes of economists. Now, on the surface this point may seen rather innocuous. It is not. How we interpret the world around us determines what we perceive to be the important social problems of the day and dictates the methods to be used (and to be avoided) in solving these problems. In other words, our perceptions of reality guide our social actions. If our perceptions are wrong, so too will be our actions.
