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- Title
ECONOMIC THEORY AND THE BIG ECONOMY.
- Authors
FARMER, DAVID JOHN
- Abstract
This paper analyzes an imbalance in mainstream economic theory between robust methodology and slender substance. It suggests that the rigor and science reputation of its methodology -- at the cost of slenderness of its substance -- allows economics to be a stronger theoretical pillar of market fundamentalism (i. e., neoliberalism or the free market). Implications are explained for Public Administration theorizing and practice. These include developing the conceptual notion of Big Economy.
- Subjects
ECONOMIC systems; PUBLIC administration; ECONOMICS; CAPITALISM; MARKET ideology; ECONOMIC structure
- Publication
Public Administration Quarterly, 2014, Vol 38, Issue 1, p97
- ISSN
0734-9149
- Publication type
Article