Yanis Varoufakis

Economic Indeterminacy (eBook, ePUB)

A personal encounter with the economists' peculiar nemesis

• Format: ePub

Produktbeschreibung

This volume is a collection of some of the best and most influential work of Yanis Varoufakis. The chapters all address the issue of economic indeterminacy, and the place of a socialized Homo Economicus within the economy. The book addresses Varoufakis' key interpretation regarding the way in which neoclassical economics deals with the twin problems of complexity and indeterminacy. He argues that all neoclassical modelling revolves around three meta-axioms: Methodological individualism, Methodological instrumentalism and the Methodological Imposition of Equilibrium.

Each chapter is preceded by an introduction, which explains its place within the overarching theme of the book. The volume also includes a lengthy introduction, plus a concluding chapter focusing on the future of economics. It will be a key work for all students and researchers in the field of political economy and economic methodology.

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Produktdetails

• Verlag: Taylor & Francis eBooks
• Seitenzahl: 392
• Erscheinungstermin: 8. Oktober 2013
• Englisch
• ISBN-13: 9781135141356
• Artikelnr.: 39705250

Autorenporträt

Yanis Varoufakis is Professor of Economic Theory and Director of the Department of Political Economy within the Faculty of Economic Sciences of the University of Athens, Greece.

Inhaltsangabe

1. Introduction: The Dance of the Meta-axioms and its pivotal role in
modern economics 2. Rational Conflict (On the impossibility of a
determinate theory of costly disagreement) 3. Unity is Strength (It is also
the cause of indeterminate wage and employment trades union targets) 4. No
Bluffs Please, We are Economists (Why bluffs and other subversive acts
preclude determinate game theoretical analyses) 5. Bargaining by rules of
Thumb (When strategic indeterminacy forces the rational negotiator to fall
back on rules of thumb) 6. Marxists and the Sirens' Song (When disgruntled
Marxists reach for game theory's toolbox they get more than they bargained
for) 7. A Theory of Solidarity (Why indeterminacy is a prerequisite for
genuine solidarity) 8. The Power of What Others Think 9. The Social
Foundations of Corruption (On the indeterminate power of what others think)
10. Evolving Morals in the Labatory 11. Evolving Domination in the Labatory
12. On the Distinction between Evolution and History 13. Conclusion