archive

Can the neoclassical economy exist?

A new issue of Real-World Economics Review is out. Nahshon Perez (Bar Ilan): Law and Economics as Political Theory: Two Internal Critiques. D. Wade Hands (Puget Sound): The Individual and the Market: Paul Samuelson on (Homothetic) Santa Claus Economics. Peter Temin (MIT): The Rise and Fall of Economic History at MIT. Scott D. Scheall (Arizona State): Slaves of the Defunct: The Epistemic Intractability of the Hayek-Keynes Debate. Gale M. Lucas (USC), Mathew D. McCubbins (Duke), and Mark B. Turner (Case Western): Can We Build Behavioral Game Theory? M. Shahid Alam (Northeastern): Constant Returns to Scale: Can the Neoclassical Economy Exist?; and Commodities in Economics: A Brief History. Martin Sandbu reviews Money: The Unauthorised Biography by Felix Martin. Polly Cleveland reviews The Surprising Design of Market Economies by Alex Marshall. Louis Hyman writing the history of capitalism: A new generation of scholars is rewriting the story of capitalism by shaking off the old assumptions of both the Left and Right. Hans Despain reviews Contending Economic Theories: Neoclassical, Keynesian, and Marxian by Richard D. Wolff and Stephen A. Resnick. We live like gods, and we don’t even know it: Tom Streithorst on post-scarcity economics. Beyond debt and growth: Alejandro Reuss interviews Robert Pollin, co-director of the Political Economy Research Institute. Diane Coyle on the economist as outsider.