TY  - BOOK
AU  - Mandler,Michael
TI  - Dilemmas in economic theory: persisting foundational problems of microeconomics 
SN  - 0195145755 (alk. paper)
AV  - HB201 .M2985 1999
U1  - 338.5 22
PY  - 1999///
CY  - New York
PB  - Oxford University Press
KW  - Value
KW  - Microeconomics
N1  - Includes bibliographical references and index
N2  - The book examines the innovations of postwar economics and argues that the greater generality of current equilibrium analysis conceals deep-seated problems. This book does not dismiss neoclassical theory. Instead, it identifies internal difficulties and dilemmas. It links the technical arcana of contemporary theory to the substantive questions that economists wrestled with prior to the Arrow-Debreu revolution. But it does not try to revive long-expired theoretical fashions. Early neoclassical welfare theorists were unable to supply the interpersonal welfare comparisons that utilitarianism requires, and plausible versions of marginal productivity are applicable only under narrow circumstances. This book instead explores foundational problems and the challenges of solving them. When these difficulties are recognized, a more coherent and credible economic theory can emerge
UR  - http://www.loc.gov/catdir/enhancements/fy0603/98005437-d.html
ER  -