000 03114cam a2200385Ii 4500
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003 OCoLC
005 20240726104735.0
008 151016t20162016enka ob 001 0 eng d
040 _aCNCGM
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020 _a9781137553737
_q((electronic)l(electronic)ctronic)
050 0 4 _aHB98
_b.P694 2016
049 _aMAIN
100 1 _aOzanne, Adam,
_d1954-
_e1
245 1 0 _aPower and neoclassical economics :
_ba return to political economy in the teaching of economics /
_cAdam Ozanne.
260 _aBasingstoke, Hampshire ;
_aNew York, NY :
_bPalgrave Macmillan,
_c(c)2016.
300 _a1 online resource (viii, 101 pages) :
_billustrations.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
490 1 _aPalgrave pivot
504 _a2
505 0 0 _aWhy does neoclassical economics ignore power? --
_tWhy power matters for economics --
_tChallenges to mainstream economics from PCES and Piketty --
_tPolitical economics and cooperative game theory --
_tThe concept of power --
_tBartlett's economic theory of power --
_tA new definition of power --
_tRe-envisioning the social welfare function as a "political economy function" --
_tExamples of applications of the political economy function.
520 0 _aMainstream economics almost completely ignores the role power plays in determining economic outcomes, which means it can only provide partial explanations of the distribution of wealth and income, and of the problems associated with inequality and poverty. For many, this is a fundamental failing that severely limits its relevance to the real world and is the source of much dissatisfaction with, and cynicism about, economics and economists. Ozanne explains how this neglect of power has come about over the past 150 years and why it is important. He reviews various definitions and theories of power from across the social sciences and proposes a new approach that could bring considerations of power back into standard economic theory and economics teaching. The approach is simple and intuitive, involving little more than re-envisioning the social welfare function as a 'political economy function'. However, if adopted in economics teaching, it could radically change the way young economists are taught to think about economic problems and lead to a 'return to political economy'.
530 _a2
_ub
650 0 _aNeoclassical school of economics.
650 0 _aPower (Social sciences)
650 0 _aEconomics
_xStudy and teaching.
655 1 _aElectronic Books.
856 4 0 _zClick to access digital title | log in using your CIU ID number and my.ciu.edu password.
_uhttpss://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1161671&site=eds-live&custid=s3260518
942 _cOB
_D
_eEB
_hHB.
_m2016
_QOL
_R
_x
_8NFIC
_2LOC
994 _a92
_bNT
999 _c76722
_d76722
902 _a1
_bCynthia Snell
_c1
_dCynthia Snell