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The Programming Approach and the Demise of Economics: Volume II: Selected Testimonies on the Epistemological 'Overturning' of Economic Theory and Poli

The Programming Approach and the Demise of Economics: Volume II: Selected Testimonies on the Epistemological 'Overturning' of Economic Theory and Poli

Hardcover

PhilosophyEconomicsGeneral Sociology

ISBN10: 331978059X
ISBN13: 9783319780597
Publisher: Palgrave MacMillan
Published: Dec 2 2019
Pages: 458
Weight: 1.61
Height: 1.06 Width: 5.83 Depth: 8.27
Language: English

This trilogy deals with an epistemology of economics, arguing for a radical overturning of conventional analysis and providing an alternative to political economy and social sciences, based not on positivism, but on a normative and programming paradigm.

Volume II builds on the work presented in Volume I to explore oppositions to the traditional and conventional teaching of economics, and presents testimonies that are favourable to a trend towards a programming approach, thereby giving substance to the epistemological 'overturning' of conventional analysis. Such oppositions studied include the work of Ludvig von Mises and his theory of praxeology; Ian Tinbergen and Wassily Leontif's preference for 'planning' over 'forecasting science'; Bruno de Finetti and Daniel Bell's support for the base of 'utopia' in economics; the trend from the 'theory of planning' towards the 'methodology of planning, by Andreas Faludi; neoclassic curiosity about the 'multi-purposes approach' and 'non-economic commodities' as investigated by Walter Isard, as well as theories expressed by Herbert Simon, Robert Lucas, George Soros and Mark Blaug.

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