Economic Methodology, History and Pluralism: Expanding Economic Thought to Meet Contemporary Challenges pays tribute to Emeritus Professor Sheila Dow (University of Stirling, Scotland). This volume focusses on the contributions of Dow to economic methodology, pluralism and the history of economic thought. These explorations serve to underpin her ideas and theories on macroeconomics, banking and money.
Bringing together an impressive panel of contributors, the chapters in this work examine Dows writings on structured pluralism and schools of thought, meanings of open and closed systems, reflections on the relationship between economics and other sciences (both social and natural), the methodology of behavioural economics, as well as the political economy of the Scottish school of thought. The book challenges the foundations of the mainstream economics paradigm in a novel and holistic manner, seeking to advance thinking across Dows favoured discipline.
The essays in this collection provide thought-provoking reading for advanced students and scholars of economic methodology, the history of economic thought, heterodox economics and political economy. The book will also be valued by the economics profession at large, as it contains important elements and ideas concerning ethics, methodology and tolerance within economics as a discipline and as a profession.
This volume focuses on the contributions of Sheila Dow to economic methodology, pluralism and the history of economic thought. These explorations serve to underpin her ideas and theories on macroeconomics, banking, and money.
Foreword Introduction: Sheila Dow as a Visionary Economics Scholar
Chapter 1: The Relation of Neoclassical Economics to other Disciplines: the
case of Physics and Psychology
Chapter 2: Sheila Dows Open Systems
Methodology
Chapter 3: Categorisation, Criticism and Pluralism in Context:
Open and Closed Systems And the Project of Mathematical Modelling in Modern
Economics
Chapter 4: Dualism Revisited
Chapter 5: Naturalism and the new
challenge to Sheila Dows schools-of-thought approach to economics
Chapter 6:
Infinite Regress Problems and the Methodologies of Behavioural Economics
Chapter 7: Should equilibrium be abandoned by heterodox economists?
Chapter
8: Dow, Keynes and the Pragmatic Tradition: More in Common?
Chapter 9: Keynes
in transition: The Economic Possibilities for Our Grandchildren
Chapter 10:
Ethical Practice in Economics: Research, Policy Advice and Education
Chapter
11: Sheila Dow as historian of economic thought: The Scottish political
economy tradition
Chapter 12: The conditions under which Adam Smiths
invisible hand operate
Chapter 13: Mary Theresa Rankin: A Monetary Economist
in the Scottish Tradition of Political Economy
Chapter 14: David Hume as a
Scottish Political Economist
Chapter 15: Sheila Dows body of work
Publications from 1980 to 2022
Ioana Negru is a Reader in Economics at Lucian Blaga University of Sibiu. She is the co-editor of The Ethical Formation of Economists (2019, with Wilfred Dolfsma) and of The Gift in the Economy and Society: Perspectives from Institutional Economics and Other Social Sciences (2020, with Stefan Kesting and Paolo Silvestri). She has been a member of the Skidelsky Committee for improving the economics curriculum worldwide.
Penelope Hawkins is Senior Economist in the Debt and Development Finance Branch, within the United Nations Conference on Trade and Development (UNCTAD). Her research focusses on public and private country debt, development finance, illicit financial flows and financial inclusion. Previously, as the founder and Managing Director of Feasibility (Pty) Ltd, she undertook leading research projects in the financial sector in South Africa and advised policy makers and regulators in southern and eastern Africa.
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