[OPE-L] Fullbrook ed. _A Guide to What's Wrong with Economics_

[Gerald_A_Levy@xxxxxxx]

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From: "Richard Wolff" <RDWolff@xxxxxxxxxxxxxxxx>




A Guide to What's Wrong with Economics

edited by Edward Fullbrook.

contributors: Emmanuelle Bénicourt, Michael A. Bernstein, Ana Maria Binachi,
Ha-Joon, Chang, Robert Costanza, Herman E. Daly, James G. Devine, Peter
Earl, Susan Feiner, Edward Fullbrook, Jean Gadrey, Donald Gillies, Bernard
Guerrien, Ozgur Gun, Joseph Halevi, Geoffrey Hodgson, Grazia Ietto-Gillies,
Steve Keen, Tony Lawson, Anne Mayhew, Paul Ormerod, Renato Di Ruzza, Sashi
Sivramkrishna, Peter Söderbaum, Hugh Stretton, Charles L Wilber, Richard
Wolff, Stephen T. Ziliak.London: Anthem Press, November 2004, paperback, 323
pages.

available at: amazon.com, amazon.co.uk, amazon.de, amazon.fr, amazon.co.jp,
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Australia: service@xxxxxxxxxxxxxxx; Rest of World: nfo@xxxxxxxxxxxxxxxx

Contents

Introduction: Broadband versus narrowband economics
Edward Fullbrook   University of the West of England, UK


 Part I
Basic Problems

The quarrelsome boundaries of economics
Hugh Stretton    University of Adelaide, Australia

Modern economics: the problem and a solution
Tony Lawson    Cambridge University, UK

The pitfalls of mainstream economic reasoning (and teaching)
Michael A. Bernstein    University of California, San Diego, USA
Neoclassical economic theory: a special and not a general case
Paul Ormerod    Volterra Consulting, UK
Where do economies come from?  The missing story
Anne Mayhew    University of Tennessess, USA

Can economics start from the individual alone?
Geoffrey M. Hodgson     University of Hertfordshire, UK


Part II
Micro Nonsense

Are you rational?
Edward Fullbrook   University of the West of England, UK

Five pieces of advice for students studying microeconomics
Emmanuelle Benicourt   École des Hautes Études des Sience Sociales, France

How mainstream economists model choice, versus how we behave, and why it
matters
Peter E. Earl    University of Queensland, Australia

Managerial economics:  economics of management or economics for managers?
Sashi Sivramkrishna    Foundation to Aid Industrial Recovery, India


Part III
Macro Nonsense

Why do we have separate courses in "micro" and "macro" economics?
Ozgur Gun    Université de Reims Champagne Ardenne, France

The "natural" rate of unemployment
James G. Devine    Loyola Marymount University, USA

How to look at economics critically: some suggestions
Renato Di Ruzza    Université de Aix-Marseille, France
Joseph Halevi    University of Sydney,  Australia and Université Pierre
Mendès France, France


Part IV
Ethical Voids and Social Pathologies

Teaching economics as if ethics mattered
Charles K. Wilber    University of Notre Dame, USA

Economics as ideology and the need for pluralism
Peter Söderbaum    Mälardalen University, Sweden

The "efficiency" illusion
Richard Wolff    University of Massachusetts, Amherst, USA

"There are none so blind . . .
Susan F. Feiner    University of Southern Maine, USA


Part V
Misuse of Mathematics and Statistics

Can mathematics be used successfully in economics?
Donald Gillies    King's College London, UK

 Is there something to expect from game theory?
Bernard Guerrien    Université Paris I, France

Improbable, Incorrect or Impossible:
The persuasive but flawed mathematics of microeconomics
Steve Keen    University of Western Sydney, Australia

The significance of the economics research paper
Stephen T. Ziliak    Roosevelt University, USA


Part VI
Category Mistakes Regarding Wealth and Illth

Changing visions of humans' place in the world and the need for an
Ecological Economics
Robert Costanza    The University of Vermont, USA

Ecological Economics: The concept of scale and its relation to allocation,
distribution, and uneconomic growth
Herman E. Daly    University of Maryland, USA

What's wrong with GDP and growth? The need for alternative indicators
Jean Gadrey    Université Lille, France


Part VII
Globalist Distortions

What is Wrong with the "Official History of Capitalism"?
- with special reference to the debates on globalisation and economic
development
Ha-Joon Chang    Cambridge University, UK

Should the study of transnational companies be part of the economics
syllabus?
Grazia Ietto-Gillies    London South Bank University, UK

Would a Latin American Economics Make Sense?
Ana Maria Bianchi    University of Sao Paulo, Brazil