The ‘Natural’ Rate of Unemployment

James Devine

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Publisher description: During a time of accelerating momentum for radical change in the study of economics, A Guide to What's Wrong with Economics comprehensively re-examines the shortcomings of neoclassical economics and considers a number of alternative formulations. In it, a distinguished list of non-neoclassical economists provide a study of some of the many worldly and logical gaps in neoclassical economics, its hidden ideological agendas, disregard for the environment, habitual misuse of mathematics and statistics, inability to address the major issues of economic globalization, its ethical cynicism concerning poverty, racism and sexism and its misrepresentation of economic history. In clear and engaging prose, A Guide to What's Wrong with Economics shows how interesting, relevant and exciting economics can be when it is pursued not as a defense of an antiquated and close-minded system of belief, but as a no-holds-barred inquiry looking for real-world truths.
Original languageAmerican English
Title of host publicationGuide to What's Wrong with Economics
Publisher Anthem Press
Pages126-132
StatePublished - 2004

Publication series

Name Anthem studies in political economy and globalization

Keywords

  • economics
  • unemployment
  • unemployment rates

Disciplines

  • Economics

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