Bibliograph

Inclusive economic theory, by Steven Rosefielde, Ralph W. Pfouts

Type

Label

Inclusive economic theory, by Steven Rosefielde, Ralph W. Pfouts

Language

eng

Bibliography note

Includes bibliographical references

Index

no index present

Literary Form

non fiction

Main title

Inclusive economic theory

Nature of contents

bibliography

Oclc number

861211056

Responsibility statement

by Steven Rosefielde, Ralph W. Pfouts

Summary

The goal of "Inclusive Economics" is to tie together various authoritative strands of contemporary economic theory into an easily comprehensible whole that illuminates the need for a broader approach to contemporary economic policymaking undistorted by obsolete 18th century rationalist assumptions about utility, ethics, worthiness and traditional culture. This is accomplished by elaborating the rationalist competitive ideal along the optimizing lines pioneered by Paul Samuelson (neoclassical economics); plumbing modifications necessitated by Herbert Simon's realist concepts of "bounded rationality" and "satisficing"; refined further by applying a pragmatist outlook to probe the consequences of relaxing Enlightenment teleological, ethical, spiritual and cultural taboos. The exercise will explain why competitive market economies guided by rational utility-seeking invariably are less productive, efficient, just and beneficent than most theorists concede, and will illuminate the full range of interventions needed to achieve better outcomes. We call this program in its entirety "Inclusive Economics", including the integration of micro and macroeconomics. Readership: Undergraduates, graduates, academics and professionals who are interested in economic theory and mathematical economics. Policymakers who are in need of a broad practical approach to contemporary economic policymaking.--, Provided by Publisher

Table Of Contents

pt. I Neoclassical Economics -- ch. 1 Rational Utilitarianism -- ch. 2 Competitive Ideal -- ch. 3 Bounded Rationality -- ch. 4 Core Consumer Behavior Theory: Ideal and Realist -- ch. 5 Production and Costs -- ch. 6 Institutions -- ch. 7 Macroeconomics -- ch. 8 Governance -- ch. 9 Democracy -- pt. II Neo-realist Economics -- ch. 10 When Reason Fails -- ch. 11 Why Reason Seldom Prevails -- ch. 12 Dangers -- ch. 13 Opportunities -- pt. III Inclusive Economics -- ch. 14 Umbrella of Complementary Paradigms -- ch. 15 Truth

Creator