Freeman, Alan (1999): The Emperor's Tailor: The Economists and the Crash of ‘98.
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The paper examines the the profession of economics in the light of its disarray in the face of the financial crash of 1998
We subject the profession to a theoretical and historical enquiry, examining both its reaction to the empirical facts of its failures, and the manner in which its theoretical categories express the material interests to which it is subjected. The aim is not dismiss the profession and its products as simple apologetics, but to uncover the internal structure of its thought and to propose an alternative, critical standard of scientific conduct for economic enquiry under a market economy.
Keywords: Liquidity, Value, Quantification, MELT, MEL, Money, Labour, Marx, TSSI, Temporalism
|Item Type:||MPRA Paper|
|Institution:||The University of Greenwich|
|Original Title:||The Emperor's Tailor: The Economists and the Crash of ‘98|
|Keywords:||Liquidity; Value; Quantification; MELT; MEL; Money; Labour; Marx; TSSI; Temporalism|
|Subjects:||O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development
B - History of Economic Thought, Methodology, and Heterodox Approaches > B4 - Economic Methodology > B41 - Economic Methodology
E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles
|Depositing User:||Alan Freeman|
|Date Deposited:||13. Jan 2008 05:18|
|Last Modified:||13. Feb 2013 13:48|
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