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Real World Economics
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01 February 2007

Economics is extremely sick. It is so locked in its past that nearly all of its introductory textbooks are modelled on one that appeared in 1948. The discipline cannot continue in its autistic state much longer. This book takes you to the heart of a fiery and many-faceted debate. It is comprised of 66 articles that have been selected based on their importance to the reform movement and for their accessibility to the general reader. ‘Real economic problems’ concern real people, so their analysis must be made intelligible to an educated general public if real democracy is to function. All economists must learn to live without the belief that there is only one right way of describing and explaining reality. This requires economists to begin the development of an ethos of honesty regarding the limitations of their chosen approaches.
BUSINESS & ECONOMICS / Economics / General, Economic theory and philosophy, BUSINESS & ECONOMICS / Economics / Theory
'Recommended. Heterodox economics collections supporting all levels of undergraduate and graduate students.' —R.B. Emmett, ‘Choice’
Contributors include: Frank Ackerman, Ana Maria Bianchi, Jorge Buzaglo, Bruce J. Caldwell, Ha-Joon Chang, Robert Costanza, Herman E. Daly, James G. Devine, Peter Dorman, Edward Fullbrook, James K. Galbraith, Daniel Gay, Yves Gingras, Bernard Guerrien, Shaun Hargreaves Heap, Robert Heilbroner, Geoffrey M. Hodgson, Goutam U. Jois, Steve Keen, Reiner Kummel, Dietmar Lindenberger, Robert Locke, Anne Mayhew, Matthew McCartney, Deirdre McCloskey, Julie A. Nelson, Gilles Raveaud, Jacques Sapir, Mehrdad Vahabi, Richard Wolff and more.