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Full Description
An examination of economics that should be of value to those interested in social sciences as well as economists. Topics covered include the economics of Alfred Marshall, individuals and institutions in social economics, and textual analysis and reality in the social sciences.
Contents
Part 1 Introduction to social economicssystems of theory therein; a projection of the goals and methods of social economics; welfare, production, development and change - a projection for social economics; individuals and institutions in social economics; building anew (selectively) on the economics of Alfred Marshall. Part 2 Textual analysis, and reality in the social sciences: the stumbling blocks of economics - complexity, time and change; some sociological explanations for the present condition of economics; the peculiar place of meaning in social sciences; assumptions, success, and responsibility - examples of the uses of judgement; the micro foundations for textual analysis; stories that blow up - how to anticipate when the realisticness of assumptions will matter; implications and conclusions of part 2. Part 3 Marshall's search for a scientific way of inserting values into a social science, his legacy to welfare economics: an historical and philosophical context for the concept of "value" in economics; Marshall's programme; the problems and why they persist; the continuing controversy over Marshall's demand theory - some aspects of the literature on Marshall's work; some modern solutions to Marshall's problem - the literature of welfare measurement.