Real-world economics: Difference between revisions
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Real-world economics is a school of economics that uses an [[inductive reasoning|inductive]] method to understand economic processes. It approaches economics without making ''a priori'' assumptions about how ideal markets work, in contrast to |
Real-world economics is a school of economics that uses an [[inductive reasoning|inductive]] method to understand economic processes. It approaches economics without making ''a priori'' assumptions about how ideal markets work, in contrast to what Nobel Prize-winning economist, Ronald Coase, referred to as "blackboard economics" and its [[deductive reasoning|deductive method]].<ref>{{cite book |year=1987 |first=R. H. |last=Coase |title=The Firm, the Market, and the Law |publisher=University of Chicago Press |page=19}}</ref> |
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== See also == |
== See also == |
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* [[Complexity economics]] |
* [[Complexity economics]] |
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* [[Pluralism in economics]] |
* [[Pluralism in economics]] |
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* [[Humanistic economics]] |
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* ''[[Real-World Economics Review]]'' |
* ''[[Real-World Economics Review]]'' |
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* [[Historical school of economics#Members of the school|Members of the historical school of economics]] |
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==References== |
==References== |
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{{reflist}} |
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*{{cite book |year=2007 |editor-first=Edward |editor-last=Fullbrook |title=Real World Economics: A Post-Autistic Economics Reader |publisher=Anthem Press |isbn=9781843312369}} |
*{{cite book |year=2007 |editor-first=Edward |editor-last=Fullbrook |title=Real World Economics: A Post-Autistic Economics Reader |publisher=Anthem Press |isbn=9781843312369}} |
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*{{cite book |year=2014 |title=What Every Economics Student Needs to Know and Doesn't Get in the Usual Principles Text |publisher=Routledge |isbn=9780765639233}} |
*{{cite book |year=2014 |title=What Every Economics Student Needs to Know and Doesn't Get in the Usual Principles Text |publisher=Routledge |page=7 |isbn=9780765639233}} |
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==External links== |
==External links== |
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Revision as of 21:41, 17 November 2018
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Real-world economics is a school of economics that uses an inductive method to understand economic processes. It approaches economics without making a priori assumptions about how ideal markets work, in contrast to what Nobel Prize-winning economist, Ronald Coase, referred to as "blackboard economics" and its deductive method.[1]
See also
- Post-autistic economics
- Heterodox economics
- Complexity economics
- Pluralism in economics
- Humanistic economics
- Real-World Economics Review
- Members of the historical school of economics
References
- ^ Coase, R. H. (1987). The Firm, the Market, and the Law. University of Chicago Press. p. 19.
- Fullbrook, Edward, ed. (2007). Real World Economics: A Post-Autistic Economics Reader. Anthem Press. ISBN 9781843312369.
- What Every Economics Student Needs to Know and Doesn't Get in the Usual Principles Text. Routledge. 2014. p. 7. ISBN 9780765639233.
External links
- Real-World Economics Review
- Examples of real-world economics concepts from the American Economic Association
- Real-world economics explained at The Economics Network
- Foundations of Real-World Economics at Harvard Summer School
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