Where economics went wrong Chicago's abandonment of classical liberalism

How modern economics abandoned classical liberalism and lost its way. Milton Friedman once predicted that advances in scientific economics would resolve debates about whether raising the minimum wage is good policy. Decades later, Friedman's prediction has not come true. In Where Economics Wen...

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Bibliographic Details
Main Author: Colander, David C.
Format: eBook
Language:English
Published: Princeton, New Jersey Princeton University Press, [2019]
Subjects:
Online Access:EBSCOhost
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Table of Contents:
  • Sweet science : engineering a new approach to economic policy
  • A classical garden of liberal economics : policy versus abstraction
  • Planting the seeds of a Chicago tradition
  • Ashes and diamonds : the rise of the Chicago School
  • What has Chicago wrought? Painting policy by the numbers
  • Economic policy becomes a science : the rise of welfare economics, and the Chicago alternative
  • Roads not taken : the Stillborn Virginia School of Economics
  • The classical liberal "argumentation for the sake of heaven" alternative
  • The art and craft of economics : the classical liberal attitude.