The Principles of Economics: Some Lies My Teacher Told Me [incomplete]

This book develops effective critiques of neoclassical economics and focuses on the importance of criticism as a tool for enhancing understanding. Lawrence Boland examines the foundations of neoclassical theory, beginning with what Alfred Marshall called the ``Principles of Economics.'' He highlights the problems of effective model building while avoiding the frequently criticized assumption of maximizing behavior. The book contributes to making neoclassical economics more realistic with an honest, constructive critique of its principles. Should We Accept The Principles Of Neoclassical Economics? This Book Attempts To Develop Effective Critiques Of Neoclassical Economics And Is Primarily Directed Towards The Neoclassical Economist. It Is Marked By A Socratic Sense Of The Importance Of Criticism As A Tool For Enhancing Understanding. The Focus Of The Critiques Is The Foundations Of Neoclassical Theory, Beginning With Those Alfred Marshall Called The 'principles Of Economics'. Professor Boland Explains Why It Would Be Futile To Base Critiques On This Assumption. However, The Lesser Known 'principle Of Continuity' Is Shown To Be More Important Because It Can Be A More Rewarding Target Of Criticism. Static Neoclassical Models Typically Ignore Matters Of Continuity And Instead Substitute Questions Surrounding The Existence Of A General Equilibrium Solution. Modern Criticism Of Neoclassical Economics Is Concerned With The Necessary Conditions For The Existence Of A General Equilibrium. Can General Equilibrium Models Which Assume Perfect Competition Be Plausible Representations Of Reality? Unfortunately, We Cannot Simply Append The Assumption That Firms Are Imperfectly Competitive To Produce Models That Are Any More Plausible. The Principles Of Economics Demonstrates That There Is Still Much Work To Be Done To Make Neoclassical Economics More Realistic. Much Of What Needs To Be Done Can Be Easily Understood By Today's Students. The Appropriate Beginning Is Honest But Constructive Criticism Of The Principles Of Economics. Lawrence A. Boland. Includes Bibliographical References And Index.

the Principles Of Economics Will Help A New Generation Of Economists To Overcome The Traditional Economic Metaphysics, Exploring The Central Questions By Hopefullymore Testable, Realistic Concepts. This Book Is About Forming Effective Critiques Of Neoclassical Economics. Its Focus Is On Constructive Criticism Of The Foundations Of Neoclassical Theory, Beginning With What Alfred Marshall Called The 'principles Of Economics'. It Concludes That There Is Still Much That Can Be Done To Make Neoclassical Economics More Realistic.

This book is about forming effective critiques of neoclassical economics. It begins with what Alfred Marshall called the `Principles of Economics' and concludes that there is still much that can be done to make neoclassical economics more realistic