Behind the Model: A Constructive Critique of Economic Modeling
Peter Spiegler Author
Behind the Model: A Constructive Critique of Economic Modeling by Peter Spiegler - New Delhi Cambridge University Press 2015 - x, 221 pages; illustratios: 22 cm.
"The 2007-09 global financial crisis and Great Recession demonstrated that the most prestigious economic models were incapable of recognizing, much less preventing, the debacle. How could this be possible? Peter Spiegler's critique of mainstream mathematical modeling methodology delivers a compelling explanation. More important still, Speigler advances alternative theoretical and empirical methodologies that are capable of reframing economics as a viable scientific endeavor. Behind the Model is a deeply insightful work that should force all open-minded economists to rethink their most basic presuppositions and practices."
Robert Pollin, Distinguished Professor of Economics and Co-Director, Political Economy Research Institute (PERI), University of Massachusetts, Amherst
9781107677807
Economics
330.01 SPI
Behind the Model: A Constructive Critique of Economic Modeling by Peter Spiegler - New Delhi Cambridge University Press 2015 - x, 221 pages; illustratios: 22 cm.
"The 2007-09 global financial crisis and Great Recession demonstrated that the most prestigious economic models were incapable of recognizing, much less preventing, the debacle. How could this be possible? Peter Spiegler's critique of mainstream mathematical modeling methodology delivers a compelling explanation. More important still, Speigler advances alternative theoretical and empirical methodologies that are capable of reframing economics as a viable scientific endeavor. Behind the Model is a deeply insightful work that should force all open-minded economists to rethink their most basic presuppositions and practices."
Robert Pollin, Distinguished Professor of Economics and Co-Director, Political Economy Research Institute (PERI), University of Massachusetts, Amherst
9781107677807
Economics
330.01 SPI