From formal logic to normative reasoning -- Social welfare versus moral philosophy -- From political philosophy to game theory -- The importance of distribution of wealth -- Coase and law's irrelevance -- More failures of Coasean irrelevance -- Mathematical modelling -- Confronting uncertainty : basic probability theory -- Advanced probability : distributions as the shape of randomness -- How to price uncertainty : finance -- Finance and probability : options and derivatives -- Using spreadsheets -- Statistics -- Conclusion : importing methodological innovations
Summary
The book juxtaposes economic analysis with moral philosophy, political theory, egalitarianism, and other methodological principles
