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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Abstract
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 |
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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 |
Publisher URL: |
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