9781864030709 / 1864030704

Debunking Economics: The Naked Emperor of the Social Sciences


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Publisher:Pluto Pr Australia, 2001



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About the book:

Debunking Economics explains to non-economists why conventional economic theory--known as "Neoclassical Economics"--is fundamentally flawed.

This should come as no surprise, as the world wallows in the deepest financial crisis it has experienced, but it has been hidden from public view to date by the academic profession's habit of ignoring any substantial criticism.

Given the mess that the world economy is now in, economics can no longer simply ignore its own flaws. But knowing why the theory is wrong takes effort. In this book, I explain the many technical flaws in neoclassical economics in a manner that any intelligent reader can understand.

The book was first published in 2001, and continues to be published in hard copy format today by Zed Books UK. My prediction of the financial crisis has led to increased interest in my approach to economics, and I have decided to produce an eBook version of it to make it more accessible.

For more, visit my website, or my Detwatch blog on the financial crisis For the print version, visit Zed Books at or Amazon's site with the URL

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