Economics Confronts The Economy
The late Philip A. Klein, former Professor Emeritus of Economics, Pennsylvania State University and Senior Research Scholar, Economic Cycle Research Institute, US
Hardback £102.00 on-line price £91.80
Economics Confronts the Economy is a challenging and unorthodox look at contemporary economic analysis. Philip Klein presents a highly reasoned and yet personal view of the state of economics today. While his views may be contentious to some, it is an accessible book that will provoke discussion and debate to a wide readership.
Contents: Introduction 1. The Unchanging Focus of Modern Economics 2. Making Progress with Theory: Do We Get What We Want or Want What We Get? 3. Lowering the Learning in Economics, 1950–2000 4. Trivialization and Elegance I: The World of Microeconomics 5. Trivialization and Elegance II: The World of Macroeconomics 6. Theory and the Role of the Public Sector 7. Focus on ‘Mainstream Economics’: Obstacles to the Competition for New Ideas 8. Economics Confronts the Economy: An Alternative View – Don’t Cry for Me, Economics Index