Qualitative Economics The Science of Economics
This book provides a new paradigm of economics that is called Qualitative Economics. The authors take an approach to economics that is entirely different from the established neo-classical economics paradigm. Arguing that the basis of neo-classical econom
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itative Economics The Science of Economics
Qualitative Economics
Woodrow W. Clark II • Michael Fast
Qualitative Economics The Science of Economics
Woodrow W. Clark II, MA3, PhD Managing Director and Qualitative Economist Clark Strategic Partners Beverly Hills, CA, USA
Michael Fast, PhD Member Research Network ORCA Aalborg University Aalborg, Denmark
ISBN 978-3-030-05936-1 ISBN 978-3-030-05937-8 (eBook) https://doi.org/10.1007/978-3-030-05937-8 © Springer Nature Switzerland AG 2019 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors, and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
“In this thoughtful, innovative second edition, Clark and Fast build on human interactionist approaches with qualitative theory from linguistics, law, and circular economics to advance economics into a science.” Deryck J. van Rensburg, DBA, Dean, Pepperdine Graziadio Business School (PGBS) “Economics has been a religion rather than a science perceived by the neoclassical economics paradigm because it not only describes how the world works but also prescribes how it ought to work. This book strongly intends to ‘reconnect’ economics with everyday life and business activities. The book makes a great contribution in turning economics into a discipline of science that can be understood qualitatively rather than just quantitatively based on solely by narrow assumption and determination related to rationality, maximization, and preference. Science is both quantitative and qualitative.” Li Xing, PhD, Professor and Director, Research Center on Development and International Relations, Editor in Chief, Journal of China and International Relations, Aalborg University
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Preface
Economics must become a science. That statement was the key goal of our first book on Qual
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