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Equilibrium versus Understanding

Towards the Rehumanizing of Economics within Social Theory

Equilibrium versus Understanding by Mark Addleson
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Equilibrium versus Understanding argues that neo-classical theory is incapable of explaining or understanding human conduct. The author asserts that a different sort of economic theory is required and proposes a hermeneutic one.
The book presents a comprehensive description and analysis of the methodologies involved, ultimately rejecting the positivist in favour of an interpretative approach to social theory.
Taylor and Francis; September 2002
304 pages; ISBN 9781134796496
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Title: Equilibrium versus Understanding
Author: Mark Addleson