ENGLISH

Who Runs the Economy?: The Role of Power in Economics

By Robert Skidelsky , Nan Craig (eds.)

Book information

Publisher
Palgrave Macmillan UK
Year
2016
ISBN
978-1-137-58018-4, 978-1-137-58017-7, 978-1-137-58019-1
DOI
10.1057/978-1-137-58017-7
Language
english
Format
PDF
Filesize
5 MB (5138733 bytes)
Edition
1
Pages
XV, 146\152
Time added
2016-11-20 09:00:00
Economicsgeneral;Economic Policy

Description

Since the financial crisis of 2008 and the following Great Recession, there has been surprisingly little change in the systems of ideas, institutions and policies which preceded the crash and helped bring it about. 'Mainstream' economics carries on much as it did before. Despite much discussion of what went wrong, very little has substantially changed. Perhaps the answer has something to do with power; a subject on which economics is unusually quiet. Whilst economics may be able to discuss bargaining power and market power, it fails to explore the reciprocal connections between economic ideas and politics: the political power of economic ideas on the one side, and the influence of power structures on economic thought on the other. This book explores how the supposedly neutral discipline of economics does not simply describe human behaviour, but in fact shapes it.

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