By: R Ayres and K Martinas
The conventional utility-based approach to microeconomics is now nearly a century old and although frequently criticised, it has yet to be replaced. On the Reappraisal of Microeconomics offers an alternative approach that overcomes most of the objections to orthodox theory, whilst offering some unique additional advantages.
'This is an excellent book. It will be a welcome addition to the growing body of work expanding the field of economic theory. The future of economics lies in work like this developing a kind of economics consistent with real human behaviour and biophysical reality.' - John M. Gowdy, Rensselaer Polytechnic Institute, US
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