Dionysian Economics PDF ePub eBook

Books Info:

Dionysian Economics free pdf Nietzsche distinguished between two forces in art: Apollonian, which represents order and reason, and Dionysian, which represents chaos and energy. An ideal work of art combines these two characteristics in a believable, relatable balance. Economists, Ward argues, have operated for too long under the assumption that their work reflects scientific, Apollonian principals when these simply do not or cannot apply: "constants" in economics stand in for variables, mathematical equations represent the simplified ideal rather than the complex reality, and the core scientific principal of replication is all but ignored. In Dionysian Economics, Ward encourages economists to reintegrate the standard rigor of the scientific method into their work while embracing the fact that their prime indicators come from notoriously chaotic and changeable human beings. Rather than emphasizing its shortfalls compared to an extremely Apollonian science, such as physics, economics can aspire to the standards of a science that accounts for considerable Dionysian variation, such as biology. The book proposes that economists get closer to their dynamic objects of study, that they avoid the temptation to wish away dynamic complexity by using simplifying assumptions, and that they recognize the desire to take risks as fundamentally human.

About Benjamin Ward

Benjamin Ward taught economics at the University of California-Berkeley, USA, for over thirty years. He authored books and articles comparing welfare state capitalism with socialist and emerging economies. This is his third book on problems with economics itself- the first two dealt with the sociology and methodology of the field and with the central role of ideology in shaping the results of research.

Details Book

Author : Benjamin Ward
Publisher : Palgrave Macmillan
Data Published :
ISBN : 1137597356
EAN : 9781137597359
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 304 pages
Age + : 15 years
Language : English
Rating :

Reviews Dionysian Economics



17 Comments Add a comment




Related eBooks Download


  • Dionysian Economics free pdfDionysian Economics

    Nietzsche distinguished between two forces in art: Apollonian. which represents order and reason. and Dionysian. which represents chaos and energy. An ideal work of art combines these two characteristics in a believable..


  • Reckoning with Markets free pdfReckoning with Markets

    Undergraduate economics students begin and end their study of economics with the simple claim that economics is value free. Only in a policy role will values and beliefs enter into economic work- there can be little meaningful dialogue by economists about such personal views and opinions..


  • What is So Austrian About Austrian Economics? free pdfWhat is So Austrian About Austrian Economics?

    Leading scholars consider Austrian economics from several perspectives such as characteristic themes of entrepreneurship and uncertainty. scientific methods such as mathematical complexity theory and experimental economics..


  • Economics and the Virtues free pdfEconomics and the Virtues

    While ethics has been an integral part of economics since the days of Adam Smith (if not Aristotle). many modern economists dismiss ethical concerns in favor of increasing formal mathematical and computational methods..


  • Pinochet's Economists free pdfPinochet's Economists

    This book tells the extraordinary story of the Pinochet regime's economists. known as the Chicago Boys. It explores the roots of their ideas and their sense of mission. following their training as economists at the Department of Economics at the University of Chicago..


  • Dionysian Economics free pdfDionysian Economics

    . Nietzsche distinguished between two forces in art: Apollonian, which represents order and reason, and Dionysian, which represents chaos and energy. An ideal work of art combines these two characteri