Showing posts with label hierarchical reductionism. Show all posts
Showing posts with label hierarchical reductionism. Show all posts

Tuesday, April 2, 2013

Lord Keynes — Greedy Reductionism, Science and Economics

John E. King’s new book The Microfoundations Delusion: Metaphor and Dogma in the History of Macroeconomics (Cheltenham, 2012) charges neoclassical economics with the delusion that macroeconomic processes must just be explained in terms of microeconomics, and indeed that microeconomics is the proper foundation for all macroeconomic phenomena.
Social Democracy for the 21st Century
Greedy Reductionism, Science and Economics
Lord Keynes