Defending Microeconomics?!
Douglas, Alexander X.
(2021).
axdouglas.com. 17 March.
(Article - Magazine; English).
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Abstract or Brief Description
I was sent a link to this article by a colleague, who was concerned with the boldness of the central claim – that standard economic theory explains nothing about market behaviour. I thought I might as well share the outline of my response here. I’m far from being a defender of the foundations of mainstream microeconomics. But this attack goes much too quickly, in my view. I find myself in the odd position of defending something I don’t believe in from an attack I think is unfair – indeed counterproductive.
Language
EnglishPublication Type
Article - MagazineCommentary on
The 1-2-3 Toolbox of Mainstream Economics: Promising Everything, Delivering NothingBichler, Shimshon and Nitzan, Jonathan. (2021). Working Papers on Capital as Power. No. 2021/03. March. pp. 1-26. (Article - Working Paper; English).
Keywords
demand econometrics equilibrium neoclassical economics science supplySubject
BN MethodologyBN Theory
BN Value & Price
BN Data & Statistics
BN Hegemony
Depositing User
Jonathan NitzanDate Deposited
18 Mar 2021 21:52Last Modified
18 Mar 2021 21:53URL:
http://bnarchives.yorku.ca/id/eprint/679Commentary/Response Threads
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Bichler, Shimshon and Nitzan, Jonathan
The 1-2-3 Toolbox of Mainstream Economics: Promising Everything, Delivering Nothing. (deposited 15 Mar 2021 16:12)
- Douglas, Alexander X Defending Microeconomics?! (deposited 18 Mar 2021 21:52) [Currently Displayed]
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