Reassessing the Paradigm of Economics
Bringing Positive Economics Back into the Normative Framework
|Publication Date:||Oct 2013|
| Book Format:||Paperback|
|List Price:||USD $44.95|
| Book Description: |
When President Reagan and Prime Minister Thatcher adopted the neoliberal doctrine as the paradigm of economics, there was no evidence that the move would have been successful, but thirty years on, the recurrent crises that culminated in 2008 suggest a serious mis-match between expectations and outcomes: a re-examination of the paradigm is in order. This book focuses on Milton Friedman's formulation of the neoliberal doctrine, and analyses two aspects that were essential to turning...