Overview
- Presents an innovative challenge to mainstream economics questioning both its validity and relevance as a social theory
- Introduces original research based on other disciplines to formulate an alternative conceptual framework for economic analysis
- Seeks to re-establish economics as a genuine social discipline which is more in line with classical economics from which modern economics has been a dramatic and unwarranted departure
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Table of contents (4 chapters)
Keywords
- Social and economic organisation
- Competitive decentralisation
- Human sociality
- Natural liberty
- Modern economics
- Liberal classical economics
- Classical economics
- Self-regulating systems
- Natural liberty
- Sophistry of growth
- Material wellbeing
- Economic markets
- Civic society
- Rationality of agents
- Socioeconomics
About this book
Volume I introduces the reader to the emergence of natural order; considers the internal logic of economics and how it managed to be so persuasive in its recommendation for competitive interactions to govern all aspects of social life in all societies and across them; demonstrates that the economic conception of an order which solves society’s economic problem is, in fact, an impossibility that turns the natural phenomenon of markets into a problem rather than an ideal; and, addresses the other apparent appeal of markets: their association with the ideas of freedom and justice.
This is a bold and foundational new work that offers an original and innovative perspective on economics and its challenges, addressing core areas such as behavioural economics, evolutionary game theory and links between social sciences (anthropology, philosophy) and neurosciences.”
Authors and Affiliations
About the author
Bibliographic Information
Book Title: The Betrayal of Liberal Economics
Book Subtitle: Volume I: How Economics Betrayed Us
Authors: Amos Witztum
DOI: https://doi.org/10.1007/978-3-030-10668-3
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG, part of Springer Nature 2019
Hardcover ISBN: 978-3-030-10667-6Published: 29 April 2019
eBook ISBN: 978-3-030-10668-3Published: 11 April 2019
Edition Number: 1
Number of Pages: LIV, 332
Number of Illustrations: 61 illustrations in colour
Topics: Economic Theory/Quantitative Economics/Mathematical Methods, History of Economic Thought/Methodology, Political Philosophy, Sociology, general, Economic History