On economic theory and method

Thomas, Alex M. (2017) On economic theory and method. The Economic Periodicals (1). pp. 55-57.

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Against the backdrop of demands to reduce the theory cources ad increases the number of 'applied' courses, 2009, I wrote an essay titled on Economic Theory and Economics Policy' The Student Economist, a JNU student publication. I had argued for pluralism in the teaching of economics because the dominant paradigm marginalist economic theory runs into logical problems and is incapable of offering useful policy suggestions as far as the Indian economy is concerned whereas the heterodox approach drawing from Smith, Ricardo, Marx, and Keynes offer a better alternative.

Item Type: Article
Authors: Thomas, Alex M.
Subjects: Social sciences > Economics
Divisions: Azim Premji University > School of Arts and Sciences
Full Text Status: Public
URI: http://publications.azimpremjiuniversity.edu.in/id/eprint/202
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