The Changing Face of Economics gives the reader a sense of the modern economics profession and how it is changing. The volume does so with a set of nine interviews with cutting edge economists, followed by interviews with two Nobel Prize winners, Paul Samuelson and Kenneth Arrow, reflecting on the changes that are occurring. What results is a clear picture of today's economics--and it is no longer standard neoclassical economics.
The interviews and commentary together demonstrate that economics is currently undergoing a fundamental shift in method and is moving away from traditional neoclassical economics into a dynamic set of new methods and approaches. These new approaches include work in behavioral economics, experimental economics, evolutionary game theory and ecological approaches, complexity and nonlinear dynamics, methodological analysis, and agent-based modeling.David E. Colander is Professor of Economics, Middlebury College.
J. Barkley Rosser, Jr., is Professor of Economics and Kirby L. Kramer Jr. Professor of Business Administration, James Madison University.
Richard P. F. Holt is Professor of Churchill Honors and Economics, Southern Oregon University.
- ISBN10 0472098772
- ISBN13 9780472098774
- Publish Date 31 December 2004 (first published 16 December 2004)
- Publish Status Out of Print
- Out of Print 21 March 2023
- Publish Country US
- Imprint The University of Michigan Press
- Format Hardcover
- Pages 368
- Language English