What Is Neoclassical Economics? by Morgan, Jamie -- Read -- Imperial Library of Trantor

Index

Cover Page What is Neoclassical Economics? Economics as Social Theory Title Copyright Contents List of Figures List of Contributors Introduction: The Meaning and Significance of Neoclassical Economics

1 What is this ‘School’ Called Neoclassical Economics?

Introductory Observations The Real Source of the Discipline’s Problems Veblen’s Project The Rise of Mathematical Modelling in Economics Implications for the Contemporary Situation Taking Stock and Reassessment Conclusion Notes References

Introduction Ontology and Method in the Neoclassical School A Reading of Arrow (1963) Early Reception: The First Seven Years Becoming a Classic: The Next 40 Years Conclusion Notes References

3 Neoclassicism, Critical Realism and the Cambridge Methodological Tradition

Introduction The Nature and Role of Classifications of Economics Classification and Rhetoric Classicism and Neoclassicism at Cambridge Conclusion Notes References

4 Lawson, Veblen and Marshall: How to Read Modern Neoclassicism

Introduction Lawson on Veblen and Veblen on Economics Why did so many Economists Get Stuck? Certainty, Automaticity, and the Persistence of the Neoclassical Trap Notes References

5 Lawson on Veblen on Social Ontology

Lawson on Veblen A Further Look at Veblen’s Cumulative Causation Idea Social Reality as Processual and Highly Transient Emergence and the Appearance of Novelty The Internal Relatedness of Social Reality What is this “School” called Neoclassical Economics? Acknowledgement References

Introduction Neoclassical Economics and Closed Systems Classical Political Economy and Vulgar Economy Deductive Economics and Critical Economics The Normal Position and the Reproduction of Economic Activity Should this School be called Neoclassical Economics? Concluding Remarks Acknowledgement References

7 Ten Propositions on ‘Neoclassical Economics’

8 Neoclassical Economics: An Elephant is not a Chimera but is a Chimera Real?

Opening Sallies Hitting the Target How can Two Mathematicians Come to Opposite Conclusions? Heterovexology Back to the Frontline Contest Acknowledgement Notes References

Introduction Lawson’s Selective Use of the Realist Tool-Kit The Newtonian Roots of Classical Political Economy The Hobbesian Roots of Neoclassical Economics Neoclassical Economics in Historical Context Conclusion Acknowledgement Notes References

10 Heterodox Economics, Social Ontology and the use of Mathematics

Introduction What is this “School” called Neoclassical Economics? An OSCP Approach to Mathematical Modeling Conclusions Notes References

Introduction Lawson’s Position Mathematics, Atomism, and Nonlinearity What is this “School” called Neoclassical Economics? Is Neoclassical Economics Mathematical? Is Neoclassical an Accurate Descriptive Term? Is Heterodox Economics Completely Free of Mathematical Error? Conclusion Note References

12 Neoclassicism Forever

Introduction Ontology Mathematical Modelling iN economics Econometrics The Ineliminable Neoclassical Tension Notes References

13 Reflections upon Neoclassical Labour Economics

Introduction Augmenting Lawson’s Key Ideas Attempts to Define Neoclassical Labour Economics Mathematical Modelling The Searching and Matching Approach to Labour Markets Reflecting upon the Searching and Matching Approach Conclusion Notes References

Index