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Pt. 1. Rationality In The History Of Economic Thought -- Pt. 2. Objections To The Notion Of Minimal Rationality -- Pt. 3. But Is Rationality Really Necessary In Economics? -- Pt. 4. Regarding Economic Explanations. Maurice Lagueux. Includes Bibliographical References And Index.
This book investigates the foundational role of rationality within economic theory and questions whether economic explanations can remain valid without the assumption of rational agents. Maurice Lagueux, a scholar of economic philosophy, examines the historical development of the rationality concept and addresses contemporary critiques regarding its necessity. By analyzing the logical constraints of economic modeling, the author provides a rigorous framework for understanding how economists justify their explanatory models. The text serves as a critical evaluation of the standard neoclassical reliance on rational choice theory.
What You Will Find
Experts identify this work as a significant contribution to the philosophy of economics, noting its dense and analytical approach to theoretical foundations. Readers frequently highlight the text as a rigorous resource for those interested in the intersection of economic methodology and epistemology.
Page Count:
304
Publication Date:
2010-02-28
Publisher:
Taylor & Francis Group
ISBN-10:
0203856473
ISBN-13:
9780203856475
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