The delusions of economics

About this book

The Delusions of Economics presents a radical critique of neoclassical economics. Rather than entering into existing debates between different orthodoxies, Gilbert Rist explores the circumstances that prevailed when economics was 'invented' and that helped to construct it as a science. Rist demonstrates how these presuppositions are either obsolete or just plain wrong, and that traditional economics is largely based on irrational convictions.