Economic Indeterminacy: A personal encounter with the economists' peculiar nemesis

Yanis Varoufakis

Economic Indeterminacy: A personal encounter with the economists' peculiar nemesis
Format
Hardback
Publisher
Taylor & Francis Ltd
Country
United Kingdom
Published
5 September 2013
Pages
366
ISBN
9780415668491

Economic Indeterminacy: A personal encounter with the economists’ peculiar nemesis

Yanis Varoufakis

This volume is a collection of some of the best and most influential work of Yanis Varoufakis. The chapters all address the issue of economic indeterminacy, and the place of a socialized Homo Economicus within the economy. The book addresses Varoufakis’ key interpretation regarding the way in which neoclassical economics deals with the twin problems of complexity and indeterminacy. He argues that all neoclassical modelling revolves around three meta-axioms: Methodological individualism, Methodological instrumentalism and the Methodological Imposition of Equilibrium.

Each chapter is preceded by an introduction, which explains its place within the overarching theme of the book. The volume also includes a lengthy introduction, plus a concluding chapter focusing on the future of economics. It will be a key work for all students and researchers in the field of political economy and economic methodology.

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