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Dilemmas in Economic Theory: Persisting Foundational Problems of Microeconomics
by Michael Mandler
Binding: Hardcover, First Edition edition, 224 pages
Publisher: Oxford University Press, USA
List Price: USD $85.00
Weight: 129
Dimension: H: 0.75 x L: 9.36 x W: 0.53 inches
ISBN 10: 0195100875
ISBN 13: 9780195100877
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Book Description:
By examining the development of economics in the 20th century, this book argues that the breakthroughs of post WWII general equilibrium theory and its rejection of utilitarianism and marginal productivity have been misunderstood. Mandler maintains that although earlier neoclassicism deserved criticism, current theory does not adequately address the problems the discarded concepts were designed to solve, and that intractable dilemmas therefore appear.

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