Cover of Mark Addleson: Equilibrium versus Understanding

Mark Addleson Equilibrium versus Understanding

Towards the Rehumanizing of Economics within Social Theory

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Taylor and Francis

2002

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304

978-0-203-43401-7

0-203-43401-3

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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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