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The Microfoundations Delusion: Metaphor and Dogma in the History of Macroeconomics

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The Microfoundations Delusion: Metaphor and Dogma in the History of Macroeconomics - King, J. E.
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In this challenging book, John King makes a sustained and comprehensive attack on the dogma that macroeconomic theory must have 'rigorous microfoundations'. He draws on both the philosophy of science and the history of economic thought to demonstrate the dangers of foundational metaphors and the defects of micro-reduction as a methodological principle. Strong criticism of the microfoundations dogma is documented in great detail, from some mainstream and many heterodox economists and also from economic methodologists, ...

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The Microfoundations Delusion: Metaphor and Dogma in the History of Macroeconomics 2014, Edward Elgar Publishing Ltd, Cheltenham

ISBN-13: 9781782540298

Paperback

The Microfoundations Delusion: Metaphor and Dogma in the History of Macroeconomics 2012, Edward Elgar Publishing Ltd, Cheltenham

ISBN-13: 9781849803175

Hardcover