{"product_id":"foundations-of-paul-samuelsons-revealed-preference-theory-revised","title":"Foundations of Paul Samuelson's Revealed Preference Theory - Revised","description":"\u003cp\u003eIn this review of Foundations of Paul Samuelson's Revealed Preference Theory, Revised Edition, the bottom line is simple: this is a focused, scholarly reconstruction for readers who want a rigorous critique of Samuelson's revealed preference programme. Stanley Wong's text offers a sustained philosophical and methodological challenge rather than a textbook overview, and the single biggest reason to buy is its careful rational reconstruction that exposes assumptions and claimed consistencies in the original work. This revised edition adds a personal preface by Wong and an introduction by Philip Mirowski, which together clarify the book's origins and continuing influence.\u003c\/p\u003e\n\u003ch2\u003eKey Features\u003c\/h2\u003e\n\u003cul\u003e\n \u003cli\u003e\n\u003cstrong\u003eCritical analysis:\u003c\/strong\u003e Provides a systematic critique of Paul Samuelson's revealed preference approach, highlighting internal tensions and unresolved premises.\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003eRational reconstruction:\u003c\/strong\u003e Reconstructs the research programme methodically so readers can follow the logical steps and contested assumptions.\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003eNew preface:\u003c\/strong\u003e Wong's added preface gives firsthand insight into the development and intentions behind the original work.\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003eIntroductory context:\u003c\/strong\u003e Philip Mirowski's introduction explains the book's impact on economics and situates it within methodological debates.\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003ePhilosophy of economics focus:\u003c\/strong\u003e Concentrates on conceptual foundations rather than empirical applications, useful for methodological study.\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003eEnduring relevance:\u003c\/strong\u003e Revised edition underscores why the critique remains pertinent to current discussions in economic methodology.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2\u003eWho It's For\u003c\/h2\u003e\n\u003cp\u003eThis book is aimed at readers with prior familiarity with economic theory and an interest in the philosophy and methodology of economics, including graduate students, researchers, and scholars seeking a deep critique of revealed preference theory. Those looking for a detailed, argumentative reconstruction will benefit most from Wong's careful exposition and the historical perspective provided by the new introductory material.\u003c\/p\u003e\n\u003cp\u003eIt is not well suited for readers who need an introductory textbook on consumer theory or a hands-on empirical guide; the emphasis is conceptual and critical rather than pedagogical. Undergraduate beginners or practitioners seeking applied models should look elsewhere for accessible overviews and computational tools.\u003c\/p\u003e\n\u003ch2\u003ePros \u0026amp; Cons\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003ePros\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n \u003cli\u003eThorough, disciplined critique that clarifies hidden assumptions in Samuelson's programme.\u003c\/li\u003e\n \u003cli\u003eThe new preface by Wong adds valuable context and explains the origins of the argument.\u003c\/li\u003e\n \u003cli\u003ePhilip Mirowski's introduction situates the work for readers interested in disciplinary impact.\u003c\/li\u003e\n \u003cli\u003eUseful as a reference for scholars in the philosophy of economics and methodological debates.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eCons\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n \u003cli\u003eThe book's specialized, argumentative tone limits accessibility for readers without prior exposure to economic theory.\u003c\/li\u003e\n \u003cli\u003eIt focuses on conceptual critique and does not provide empirical or applied guidance for practitioners.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2\u003eSpecifications\u003c\/h2\u003e\n\u003ctable\u003e\n \u003ctr\u003e\n\u003ctd\u003eTitle\u003c\/td\u003e\n\u003ctd\u003eFoundations of Paul Samuelson's Revealed Preference Theory, Revised Edition\u003c\/td\u003e\n\u003c\/tr\u003e\n \u003ctr\u003e\n\u003ctd\u003eAuthor \/ Editor\u003c\/td\u003e\n\u003ctd\u003eStanley Wong\u003c\/td\u003e\n\u003c\/tr\u003e\n \u003ctr\u003e\n\u003ctd\u003eSeries\u003c\/td\u003e\n\u003ctd\u003eRoutledge INEM Advances in Economic Methodology\u003c\/td\u003e\n\u003c\/tr\u003e\n \u003ctr\u003e\n\u003ctd\u003eEdition\u003c\/td\u003e\n\u003ctd\u003eRevised edition with new preface and introduction\u003c\/td\u003e\n\u003c\/tr\u003e\n \u003ctr\u003e\n\u003ctd\u003eFocus\u003c\/td\u003e\n\u003ctd\u003ePhilosophy and methodology of economics, critique of revealed preference\u003c\/td\u003e\n\u003c\/tr\u003e\n \u003ctr\u003e\n\u003ctd\u003ePreface \/ Introduction\u003c\/td\u003e\n\u003ctd\u003eNew preface by Wong; introduction by Philip Mirowski\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\n\u003ch2\u003eOur Verdict\u003c\/h2\u003e\n\u003cp\u003eWong's revised edition is a valuable investment for scholars and advanced students who want a rigorous, historically informed critique of Samuelson's revealed preference programme; it delivers clear reconstruction and useful commentary though it remains specialized and not intended as an introductory text. For those engaged in methodological debates, it offers good value as a focused, enduring contribution to the philosophy of economics.\u003c\/p\u003e\n\u003ch2\u003eFrequently Asked Questions\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003eDoes this edition include new material?\u003c\/strong\u003e\u003cbr\u003eYes. The revised edition includes a new preface by Stanley Wong and an introduction by Philip Mirowski that contextualize the work.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eIs this a textbook on consumer theory?\u003c\/strong\u003e\u003cbr\u003eNo. The book is a philosophical and methodological critique rather than a teaching text or practical guide to consumer theory.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWho benefits most from this book?\u003c\/strong\u003e\u003cbr\u003eGraduate students, researchers, and scholars in the philosophy of economics or economic methodology will gain the most from Wong's rational reconstruction and critique.\u003c\/p\u003e","brand":"Stanley Wong","offers":[{"title":"Default Title","offer_id":48601498976475,"sku":"0415493722","price":49.59,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0724\/1043\/1707\/files\/615lkTPY_HL._SL1360.jpg?v=1776356919","url":"https:\/\/gearmusthave.com\/products\/foundations-of-paul-samuelsons-revealed-preference-theory-revised","provider":"GearMustHave","version":"1.0","type":"link"}