Micro and Macro Economics - A Critical Approach

Introduction

In "Micro and Macro Economics - A Critical Approach", Fábio Gomes da Silva offers a comprehensive and thought-provoking analysis of the current state of economic theory and practice. Drawing on a wide range of sources, Silva argues that the dominant neoclassical approach to economics is fundamentally flawed, and that it has led to a number of serious problems in the global economy.

Microeconomics

Silva begins by critiquing the microeconomic foundations of neoclassical economics. He argues that the assumption of perfect competition is unrealistic and that it leads to a number of misleading conclusions about the behavior of firms and consumers. Silva also criticizes the neoclassical theory of consumer choice, arguing that it is based on an unrealistic view of human behavior.

Macroeconomics

Silva then turns to a critique of macroeconomic theory. He argues that the neoclassical model of the economy is too simplistic and that it fails to take into account the real-world complexities of the economy. Silva also criticizes the neoclassical theory of unemployment, arguing that it is based on an unrealistic view of the labor market.

A Critical Approach

Silva concludes by arguing for a critical approach to economics. He argues that economists need to be more aware of the limitations of their models and that they need to be more willing to challenge the assumptions that underlie their theories. Silva also argues that economists need to be more engaged with the real world and that they need to be more responsive to the needs of society.

Why You Should Read This Book

"Micro and Macro Economics - A Critical Approach" is a must-read for anyone who is interested in understanding the current state of economic theory and practice. Silva's critique of neoclassical economics is both rigorous and accessible, and he offers a number of valuable insights into the real-world problems that are caused by the dominant economic paradigm. This book is essential reading for anyone who wants to understand the economy and how it works.

Conclusion

"Micro and Macro Economics - A Critical Approach" is a powerful and provocative critique of the current state of economic theory and practice. Silva's analysis is both rigorous and accessible, and he offers a number of valuable insights into the real-world problems that are caused by the dominant economic paradigm. This book is essential reading for anyone who wants to understand the economy and how it works.