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Why Economists Disagree

Provides a convenient introduction to heterodox alternatives to neoclassical economics.
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Table of Contents

Acknowledgments Introduction: Why Economists Disagree: The Role of the Alternative Schools of Thought David L. Prychitko Part I. Austrian Economics and the Market Process 1. Time and Money: The Universals of Macroeconomic Theorizing Roger W. Garrison 2. The Driving Force of the Market: The Idea of "Competition" in Contemporary Economic Theory and in the Austrian Theory of the Market Process Israel M. Kirzner 3. From Mises to Shackle: An Essay on Austrian Economics and the Kaleidic Society Ludwig M. Lachmann Part II. Post-Keynesian Economics for an Uncertain World 4. Reviving Keynes's Revolution Paul Davidson 5. An Essay on Post-Keynesian Theory: A New Paradigm on Economics Alfred S. Eichner and J.A. Kregel 6. The Nature of Post Keynesianism and Its Links to Other Traditions Tony Lawson Part III. Beyond the Market: Social and Institutional Economics 7. Institutional Economic Theory: The Old Versus the New Geoffrey M. Hodgson 8. Social Economics: A Solidarist Perspective William R. Waters 9. Comparison of Marxism and Institutionalism William M. Dugger and Howard J. Sherman Part IV. The Changing Face of Radical Political Economy 10. Postmodernism, Marxism, and the Critique of Modern Economic Thought Jack Amariglio and David F. Ruccio 11. Toward a Socialism for the Future, in the Wake of the Demise of the Socialism of the Past Thomas E. Weisskopf Part V. Where Do We Go From Here? New Philosophical Issues 12. The Feminist Challenge to Neoclassical Economics Frances R. Woolley 13. Against Parsimony: Three Ways of Complicating Some Categories of Economic Discourse Albert O. Hirschman 14. The Methodology of Economics and the Case for Policy Diffidence and Restraint Warren J. Samuels 15. The Rhetoric of Disagreement Arjo Klamer and Deirdre McCloskey Further Readings in the Alternative Schools of Thought: A Bibliographic Essay David L. Prychitko Contributors Index

About the Author

David L. Prychitko is Associate Professor, Department of Economics, Northern Michigan University. He is the author of Marxism and Workers' Self-Management: The Essential Tension. In addition, he edited Individuals, Institutions, Interpretations: Hermeneutics Applied to Economics; Producer Cooperatives and Labor-Managed Systems Vol. I: Theory and Vol. II: Case Studies (both with Jaroslav Vanek); and The Market Process: Essays in Contemporary Austrian Economics (with Peter J. Boettke).


"This book is an argument by counterexample. Following Friedman, Thurow, and others, most economists deny that substantial disagreement exists within the profession. Prychitko shows this simply isn't so. Economists do disagree, and they disagree over theory. By way of proof, the book presents a selection of heterodox articles." -- Roger Koppl, Fairleigh Dickinson University

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