Entangled Political Economy

Other author Koppl, Roger
Other author Horwitz, Steven
Format Electronic
Publication InfoBingley : Emerald Group Publishing Limited
Description296 p. 22.900 x 015.200 cm.
Supplemental ContentFull text available from Ebook Central - Academic Complete
Subjects

SeriesAdvances in Austrian Economics Ser.
Summary Annotation The term the 'Entangled political economy' was first coined by Economist Richard E. Wagner of George Mason University who challenged the "additive" political economy paradigm with his "entangled political economy," which sees public and private entities as equal and entwined players in exchange relations. This volume examines entangled political economy from several distinct but complementary points of view. The history of entangled political economy is traced to Adam Smith and Carl Menger and its implications are worked out for both theoretical and applied economics. New directions in economic modeling are struck. Finally, entanglement is found to imply complexity, which leads not only to somewhat non-standard mathematical methods in economics, but also principled limits to the explanatory and predictive power of mathematical models in political economy. The volume demonstrates that Wagner's notion of entanglement opens new vistas for political economy in all its dimensions.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
ISBN9781784411022
ISBN1784411027 (Trade Paper) Active Record
Stock number01326671

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