Böcker av Bruce Littleboy

This is an intellectual biography of G.L.S. Shackle, economic theorist, philosopher, and historian of economic theory. It explores how Shackle challenged the aims, methods and assumptions of mainstream economics. He stressed macroeconomic instability, and developed a radically subjectivist theory for behavioural economics and business planning.

Since the publication of Keynes' "General Theory" two major schools of criticism have emerged: the reductionists and the fundamentalists. The book argues that both factions disagree through misunderstandings and differences of emphasis, rather than through fundamental differences of opinion.