Economic Methodology, History and Pluralism: Expanding Economic Thought to Meet Contemporary Challenges

Description

Economic Methodology, History and Pluralism: Expanding Economic Thought to Meet Contemporary Challenges pays tribute to Emeritus Professor Sheila Dow (University of Stirling, Scotland). This volume focusses on the contributions of Dow to economic methodology, pluralism and the history of economic thought. These explorations serve to underpin her ideas and theories on macroeconomics, banking and money. Bringing together an impressive panel of contributors, the chapters in this work examine Dow’s writings on structured pluralism and schools of thought, meanings of open and closed systems, reflections on the relationship between economics and other sciences (both social and natural), the methodology of behavioural economics, as well as the political economy of the Scottish school of thought. The book challenges the foundations of the mainstream economics paradigm in a novel and holistic manner, seeking to advance thinking across Dow’s favoured discipline. The essays in this collection provide thought-provoking reading for advanced students and scholars of economic methodology, the history of economic thought, heterodox economics and political economy. The book will also be valued by the economics profession at large, as it contains important elements and ideas concerning ethics, methodology and tolerance within economics as a discipline and as a profession. Cover Half Title Series Page Title Page Copyright Page Dedication Table of Contents List of tables List of boxes About the editors List of contributors Foreword Introduction: Sheila Dow as a visionary economics scholar 1 The relation of neoclassical economics to other disciplines: the case of physics and psychology 2 Sheila Dow's open systems methodology 3 Categorisation, criticism and pluralism in context: Open and closed systems and the project of mathematical modelling in modern economics 4 Dualism revisited 5 Naturalism and the new challenge to Sheila Dow's schools-of-thought approach to economics 6 Infinite regress problems and the methodologies of behavioural economics 7 Should equilibrium be abandoned by heterodox economists? 8 Dow, Keynes and the pragmatic tradition: More in common? 9 Keynes in transition: 'The Economic Possibilities for Our Grandchildren' 10 Ethical practice in economics: research, policy advice and education 11 Sheila Dow as historian of economic thought: the Scottish political economy tradition 12 The conditions under which Adam Smith's invisible hand operates 13 Mary Theresa Rankin: a monetary economist in the Scottish tradition of political economy 14 David Hume as a Scottish political economist Sheila Dow's body of work: Publications from 1980 to 2022 Index