Real World Economics

The starting point of this book is that economics is an applied science: a tool to understand the real-world economy and a guide for economic policy. The book argues that the point of departure for economic theory should be the real world with realistic assumptions being made.

Autorentext

Victor A. Beker is a Professor at the University of Belgrano and the University of Buenos Aires, Argentina. He has been Director of the Economics Department at the University of Belgrano and of the Economics Program at the University of Buenos Aires. He got several prizes for his works in Economics. Former Associate Editor of the Journal of Economic Behavior and Organization. Author of several Economics books and papers. He is co-author of Modern Financial Crises, Springer (2015) and co-editor of The European Crisis, WEA Books (2016). He edited Alternative Approaches to Economic Theory (2019), Routledge and authored two of its chapters. He also authored Preventing the Next Financial Crisis (2021), Routledge; Economics, Social Science and Pluralism: A Real World Approach (2022), Routledge; Baumol's Contribution to Telecommunications Regulation (2022), Emerald; and Economic Theory for the Real World (2024), Routledge.

Inhalt

Preface 1. Methodological issues (I) 2. Methodological issues (II) 3. Time and Evolution in Economics 4. Some monetary and macroeconomic issues 5. Hayek, Keynes and the economic role of the state 5. Real-world financial issues 7. Revisiting business cycle theory 8. The post neoliberal (dis)order 9. The challenge to democracy 10. Synthesis and conclusions APPENDIX Why did Marx s prophecies fail?