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Putting jurisprudence back into econ...

Ellerman, David.

Putting jurisprudence back into economicswhat is really wrong with today's neoclassical theory /

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Putting jurisprudence back into economicsby David Ellerman.
其他題名:	what is really wrong with today's neoclassical theory /
作者:	Ellerman, David.
出版者:	Cham :Springer International Publishing :2021.
面頁冊數:	xii, 186 p. :ill., digital ;24 cm.
Contained By:	Springer Nature eBook
標題:	Neoclassical school of economics.
電子資源:	https://doi.org/10.1007/978-3-030-76096-0
ISBN:	9783030760960$q(electronic bk.)

Putting jurisprudence back into economicswhat is really wrong with today's neoclassical theory /
Ellerman, David.

Putting jurisprudence back into economicswhat is really wrong with today's neoclassical theory /[electronic resource] :by David Ellerman. - Cham :Springer International Publishing :2021. - xii, 186 p. :ill., digital ;24 cm.

Introduction to the Jurisprudence of Property and Contract -- Mathematical Introduction to the Jurisprudence of Property and Contract -- The Property Fallacy in Capital Theory and Corporate Finance Theory -- The Arrow-Debreu Model -- Marginal Productivity Theory -- Marxism as the Ultimate 'Capitalist Tool' -- The Logical Fallacy in Cost-Benefit Analysis and Law & Economics -- Jurisprudence and the Corporate Governance Debate -- Invalidity of Personhood Alienation Contracts -- Concluding Remarks About Jurisprudence and Neoclassical Economics.

This book presents an integrated jurisprudential critique of neoclassical microeconomic theory. It explains what is 'really wrong' with the theory both descriptively, as well as normatively. The criticism presented is based on questions of jurisprudence, and on neoclassical theory's sins of omission and commission concerning the underlying system of property and contract. On the positive side - while the presentation is almost entirely non-mathematical - the book contains the first mathematical treatment of the fundamental theorem about property and contract in jurisprudence that underlies a market economy. The book follows the tradition of John Stuart Mill as the last major political economist who considered the study of property rights as an integral part of economic theory. The conceptual criticisms presented in this book focus on the descriptive and normative misconceptions about property and contracts that are deeply embedded ideology in neoclassical economics, not to mention in the broader society. The book recognizes that the idealized microeconomic theory is not descriptive of reality and focuses its criticism on conceptual mistakes in the theory, which are even clearer due to the idealized nature of the theory. Therefore, the book is a must-read for scholars, researchers, and students interested in a better understanding of jurisprudence in economics, neoclassical microeconomic theory, and political economy in general.

ISBN: 9783030760960$q(electronic bk.)

Standard No.: 10.1007/978-3-030-76096-0doiSubjects--Topical Terms:

182845
Neoclassical school of economics.

LC Class. No.: HB98.2 / .E45 2021

Dewey Class. No.: 330.157

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