MARC Record from harvard_bibliographic_metadata

LEADER: 02473cam a22003858i 4500
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008 140303s2014 enk b 000 0 eng
010 $a 2014003101
016 7 $a016503779$2Uk
020 $a9781137371928
020 $a1137371927
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042 $apcc
050 00 $aHB171$b.D343 2014
082 00 $a330.01$223
100 1 $aDeCanio, Stephen J.
245 10 $aLimits of economic and social knowledge /$cStephen J. DeCanio, Professor of Economics, University of California, USA.
264 1 $aHoundmills, Basingstoke, Hampshire ;$aNew York :$bPalgrave Macmillan,$c2014.
300 $apages cm
336 $atext$btxt$2rdacontent
337 $aunmediated$bn$2rdamedia
338 $avolume$bnc$2rdacarrier
504 $aIncludes bibliographical references.
505 0 $aMaterialism, determinism, and economics : an overview -- Consequences of computational limits -- Simulating simple societies -- Economics and natural science -- Economics, behaviorism, and utilitarianism -- A case study and cautionary tale : climate policy -- Politics and governance -- The gift of freedom.
520 $a"It might seem that contemporary economic theory offers a scientific account of choice among alternatives. Yet this is only superficially the case; the behavior of the agents in most economic models is completely specified by preference functions, technological possibilities, and market interactions. 'Choice' is a misnomer for solution of one or another kind of optimization problem in such models. The open-endedness that characterizes genuinely free choices made by real human beings is absent. The book aims to show that (1) the deterministic vision embodied in conventional economic modeling is neither consistent with nor supported by [the] state of the art [in] mathematics, logic, and physical science; (2) use of models that rule out unpredictability and freedom of action has had negative consequences for policy design and implementation; and (3) restoring meaningful freedom to the agents is an essential first step toward making social theorizing more realistic and insightful."--Back cover.
650 0 $aEconomics.
650 0 $aEconomics$xSociological aspects.
650 0 $aEconomic man.
650 7 $aEconomics.$2ukslc
899 $a415_565124
988 $a20140110
049 $aHFLA
906 $0DLC