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Power and Neoclassical Economics : A Return to Political Economy in the Teaching of Economics / by A. Ozanne

Publisher	(London : Palgrave Macmillan UK : Imprint: Palgrave Pivot)
Year	2016
Edition	1st ed. 2016.
Authors	*Ozanne, A author SpringerLink (Online service)

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Links to the text	Location	Volume	Call No.	Barcode No.	Status	Comments	ISBN	Printed	Restriction	Reserve
Links to the text	Library Off-campus access			OB00175539		Springer Economics and Finance eBooks (電子ブック)	9781137553737

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Material Type	E-Book
Media type	機械可読データファイル
Size	VIII, 101 p : online resource
Notes	Mainstream economics almost completely ignores the role power plays in determining economic outcomes, which means it can only provide partial explanations of the distribution of wealth and income, and of the problems associated with inequality and poverty. For many, this is a fundamental failing that severely limits its relevance to the real world and is the source of much dissatisfaction with, and cynicism about, economics and economists. Ozanne explains how this neglect of power has come about over the past 150 years and why it is important. He reviews various definitions and theories of power from across the social sciences and proposes a new approach that could bring considerations of power back into standard economic theory and economics teaching. The approach is simple and intuitive, involving little more than re-envisioning the social welfare function as a 'political economy function'. However, if adopted in economics teaching, it could radically change the way young economists are taught to think about economic problems and lead to a 'return to political economy' HTTP:URL=https://doi.org/10.1057/9781137553737
Subjects	LCSH:Microeconomics LCSH:Economic policy LCSH:Schools of economics LCSH:International economic relations LCSH:Econometrics LCSH:Social choice LCSH:Welfare economics FREE:Microeconomics FREE:Economic Policy FREE:Heterodox Economics FREE:International Political Economy’ FREE:Quantitative Economics FREE:Social Choice and Welfare
Classification	LCC:HB172 DC23:338.5
ID	8000059544
ISBN	9781137553737