Equilibrium versus Understanding: Towards the Rehumanizing of Economics within Social Theory

1st Edition

Mark Addleson

Published September 28, 1995
Reference - 304 Pages
ISBN 9780415128148 - CAT# RU13845
Series: Routledge Frontiers of Political Economy


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Equilibrium versus Understanding argues that neo-classical theory is incapable of explaining or understanding human conduct. The author asserts that a different sort of economic theory is required and proposes a hermeneutic one.
The book presents a comprehensive description and analysis of the methodologies involved, ultimately rejecting the positivist in favour of an interpretative approach to social theory.

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