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This book critically reviews and evaluates a number of central theoretical concepts that have shaped economists' analysis of markets. In a rigorous discussion of the demand and supply sides of the market, Douglas Vickers questions the cogency of many of the established ideas and tools of economic analysis.
The critique relies considerably on the significance of real historical time and the epistemic uniqueness of individuals in decision making. The author identifies deficiencies in the concepts of utility and its cognate - preference orderings on the demand side of the market and in marginal productivity and the related theory of income distribution on the supply side.
Setting the critique of received traditions in historical perspective, The Tyranny of the Market reviews the bequests to contemporary theory of classical and neoclassical economics.
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Subjects
History, Money, Capitalism, Supply and demand, Money, historyShowing 2 featured editions. View all 2 editions?
Edition | Availability |
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1
The Tyranny of the Market: A Critique of Theoretical Foundations
January 15, 1996, University of Michigan Press
Hardcover
in English
047210618X 9780472106189
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2
The tyranny of the market: a critique of theoretical foundations
1995, University of Michigan Press
in English
047210618X 9780472106189
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Libraries near you:
WorldCat
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- Created April 29, 2008
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April 14, 2010 | Edited by Open Library Bot | Linked existing covers to the edition. |
December 14, 2009 | Edited by WorkBot | link works |
April 29, 2008 | Created by an anonymous user | Imported from amazon.com record |