Equilibrium versus understandingMark Addleson
Equilibrium versus understanding
Mark Addleson · 1995
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About the book
The theories we use shape the way we look at the world and influence our explanations of people's behaviour. Equilibrium versus Understanding argues that neoclassical theory is incapable of explaining or understanding people's conduct. As a result it is unsuitable for explaining decisions and choices. The author asserts that a different sort of economic theory is required if economists are to understand and get to grips with social problems. As an alternative, he proposes a hermeneutic theory.
Book details
- Year
- 1995
- Language
- English
- Publisher
- Taylor & Francis Group
- Editions
- 6
- Pages
- 304
- ISBN
- 9780429231667
Data source: Wikidata
