By Philip Mirowski & Edward Nik-Khah. From Oxford University Press: Information is a central concept in economics, and The Knowledge We Have Lost in Information explores its treatment in modern economics. The study of information, far from offering enlightenment, resulted in all matter of confusion for economists and the public. Philip Mirowski and Edward Nik-Khah argue … More New Book: The Knowledge We Have Lost in Information – The History of Information in Modern Economics
Edited by Tae-Hee Jo, Lynne Chester, Carlo D’Ippoliti The Routledge Handbook of Heterodox Economics presents a comprehensive overview of the latest work on economic theory and policy from a ‘pluralistic’ heterodox perspective. Contributions throughout the Handbook explore different theoretical perspectives including: Marxian-radical political economics; Post Keynesian-Sraffian economics; institutionalist-evolutionary economics; feminist economics; social economics; Régulation theory; … More New Book: The Routledge Handbook of Heterodox Economics
By Ricardo F. Crespo. From Routledge: During the second half of the twentieth century, economics exported its logic – utility maximization – to the analysis of several human activities or realities: a tendency that has been called “economic imperialism”. This book explores the concept termed by John Davis as “reverse imperialism”, whereby economics has been … More New Book: Economics and Other Disciplines – Assessing New Economic Currents
Economics is not, nor can it be, value-free. George DeMartino discusses economist’s influence, whether they should ever lie, and the irreparable ignorance that haunts economics. DeMartino argues for professional ethics in economics as a field of study beyond a code of conduct.
From the abstract: This paper entertains two distinct hypotheses about the meaning and effect of the Lucas critique. The first is that the Lucas critique represents advancement in the theory of economic policy. To accept this interpretation, we will have to find evidence that the Lucas critique is empirically valid, ontologically rigorous, and theoretically sound. … More New Working Paper by Katherine Moos: The Transvaluation of the Theory of Economic Policy-The Lucas Critique Reconsidered