On the Reappraisal of Microeconomics: Economic Growth and Change in a Material World

by Robert U. Ayres (Editor), Katalin Martinas (Editor)

"The conventional utility-based approach to microeconomics is now nearly a century old and although frequently criticised, it has yet to be replaced. On the Reappraisal of Microeconomics offers an alternative approach that overcomes most of the objections to orthodox theory, whilst offering some unique additional advantages." This book will appeal to informed academics, researchers and other professionals with an interest in the fundamentals of neoclassical economics and its applications to business, finance, growth and the environment.

224 pages, Hardcover

First published January 1, 2005

About the author

Robert U Ayres is an American physicist and economist who went to the University of Chicago hoping to study with Fermi, but wrote his doctoral thesis at King’s College London. He has written or co-authored some twenty books and two hundred scholarly papers in a long career in the United States and Europe. He is an emeritus professor based in Paris. He has had a 40-year interest in the Shakespeare authorship.

Reviews

[Veronika · Rating 3 out of 5]

The theory presented in it is intriguing, and could be a basis for an economic theory that actually works in real situations, however it is not an easy-read.