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Dilemmas in Economic Theory: Persisting Foundational Problems in Microeconomics

by Michael Mandler
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Current price ₹12,572.00
Original price ₹15,087.00
Original price ₹15,087.00
Original price ₹15,087.00
(-17%)
₹12,572.00
Current price ₹12,572.00

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Book cover type: Hardcover
  • ISBN13: 9780195100877
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Oxford University Press
  • Publisher Imprint: Oxford University Press
  • Publication Date:
  • Pages: 224
  • Original Price: GBP 88.0
  • Language: English
  • Edition: N/A
  • Item Weight: 536 grams
  • BISAC Subject(s): Economics / Theory

By examining the development of economics in the 20th century, this book argues that the breakthroughs of post WWII general equilibrium theory and its rejection of utilitarianism and marginal productivity have been misunderstood. Mandler maintains that although earlier neoclassicism deserved criticism, current theory does not adequately address the problems the discarded concepts were designed to solve, and that intractable dilemmas therefore appear.

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