Economic Indeterminacy

Economic Indeterminacy

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This volume is a collection of some of the best and most influential work of Yanis Varoufakis. The chapters all address the issue of economic indeterminacy, and the place of a socialized Homo Economicus within the economy. The book addresses Varoufakisa€™ key interpretation regarding the way in which neoclassical economics deals with the twin problems of complexity and indeterminacy. He argues that all neoclassical modelling revolves around three meta-axioms: Methodological individualism, Methodological instrumentalism and the Methodological Imposition of Equilibrium. Each chapter is preceded by an introduction, which explains its place within the overarching theme of the book. The volume also includes a lengthy introduction, plus a concluding chapter focusing on the future of economics. It will be a key work for all students and researchers in the field of political economy and economic methodology.answer would be that B deservesto benefit (hurt)to a degree proportional to (i) the benefit (loss) he has bestowed upon A, and (ii) to the ... Note that, from AAls perspective, (9.6) makesBAls entitlement proportional to the absolute magnitude of his sacrifice (relative tothe ... b2/3. By contrast, if A thought that the reason why B 9 The socialfoundations of corruption: onthe indeterminate power ofwhat others think.

Title:Economic Indeterminacy
Author:Yanis Varoufakis
Publisher:Routledge - 2013-10-08


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