The microfoundations delusion metaphor and dogma in the history of macroeconomics

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 a...

Full description

Bibliographic Details
Main Author: King, John Edward
Format: eBook
Language:English
Published: Cheltenham Edward Elgar 2012
Subjects:
Online Access:
Collection: Edward Elgar eBook Archive - Collection details see MPG.ReNa
LEADER 01731nmm a2200265 u 4500
001 EB001835124
003 EBX01000000000000001001570
005 00000000000000.0
007 cr|||||||||||||||||||||
008 180626 ||| eng
020 |a 184980317X  |c (hbk.) 
020 |a 9781781009123 
020 |a 9781849803175 
050 4 |a HB172.5 
100 1 |a King, John Edward 
245 0 0 |a The microfoundations delusion  |h Elektronische Ressource  |b metaphor and dogma in the history of macroeconomics  |c J.E. King 
260 |a Cheltenham  |b Edward Elgar  |c 2012 
300 |a 304 p  |b ill 
653 |a Macroeconomics / History 
041 0 7 |a eng  |2 ISO 639-2 
989 |b ZDB-1-EWE  |a Edward Elgar eBook Archive 
856 4 0 |u https://www.elgaronline.com/view/9781849803175.xml  |3 Volltext  |x Verlag 
082 0 |a 330 
520 |a 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, social theorists and evolutionary biologists. The author argues for the relative autonomy of macroeconomics as a distinct 'special science', cooperating with but most definitely not reducible to microeconomics 
520 |a pt. I. Microfoundations and the philosophy of science -- pt. II. Microfoundations in the history of economics and other social sciences -- pt. III. Dissenting voices