Uneconomic Economics and the Crisis - E-book

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Uneconomic Economics And The Crisis Of The Model World - ENG

M. Watson

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Sinopsis

ISBN:	9781137385499
Formato:	ePub
Idioma:	Inglés
Editorial:	Springer Nature
Tema:	Negocios y economía
Subtema:	Historia económica
Año de publicación:	2014-01-17

What has gone wrong with economics? Economists now routinely devise highly sophisticated abstract models that score top marks for theoretical rigour but are clearly divorced from observable activities in the current economy. This creates an uneconomic economics, where models explain relationships in blackboard rather than real-life markets.

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