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    False Prophets of Economics Imperialism

    Posted By: hill0
    False Prophets of Economics Imperialism

    False Prophets of Economics Imperialism: The Limits of Mathematical Market Models
    English | 2024 | ISBN: 1788217667 | 312 Pages | PDF | 2 MB

    This book studies the methodological revolution that has resulted in economists’ mathematical market models being exported across the social sciences. The ensuing process of economics imperialism has struck fear into subject specialists worried that their disciplinary knowledge will subsequently count for less. Yet even though mathematical market models facilitate important abstract thought experiments, they are no substitute for carefully contextualised empirical investigations of real social phenomena. The two exist on completely different ontological planes, producing very different types of explanation.