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Appendix C: Mapping Paradigms – Christian Arnsperger

Submitted by on 28/05/2012 – 09:33No Comment

Contents:
C.1. Three examples
C.2. The mirage of neutrality
C.3. The inevitability of paradigms
C.4. Paradigms and their basic dynamics
C.5. The workings of Traditional Economics
C.6. The twofold reductionism of Traditional Economics
C.6.1. The economy as an interactive system
C.6.2. Traditional Economics and the loss of process
C.6.3. Two versions of equilibrium
C.7. Beyond Traditional Economics: The post-neoclassical paradigm
C.7.1. Instrumental rationality: From parametric to strategic
C.7.2. Non-cooperative games and the dynamics of interaction
C.7.3. The Nash solution and the return of the independent-agent approximation
C.7.4. The flaws of game theory and the advent of bounded rationality
C.7.5. Elements of complexity economics
C.7.6. Elements of behavioral and neuroeconomics
C.8. Beyond the post-neoclassical paradigm: Integrating ecological economics, monetary behaviorism, and critical political economy
C.8.1. Making the post-neoclassical paradigm ecologically rational
C.8.2. Making the post-neoclassical paradigm sensitive to the behavioral efficaciousness of money
C.8.3. Opening the post-neoclassical paradigm to critical and existential rationality
C.9. Toward a new economic paradigm?

This Primer (Appendix C from Money and Sustainability: The Missing Link) gives and extended and detailed introduction to paradigms in economics.

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