Effects Of Policy On Poverty In Pakistan Economics Essay
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In recent years, feminist critiques of neoclassical economic models gained prominence, leading to the formation of . Contrary to common conceptions of economics as a and science, feminist economists call attention to the social construction of economics and highlight the ways in which its models and methods reflect masculine preferences. Primary criticisms focus on failures to account for: the selfish nature of actors (); exogenous tastes; the impossibility of utility comparisons; the exclusion of unpaid work; and the exclusion of class and gender considerations. developed to address these concerns, and the field now includes critical examinations of many areas of economics including paid and unpaid work, economic epistemology and history, globalization, household economics and the care economy. In 1988, published the book , in which she argues that the discipline of economics ignores and the value of ; according to , "showed exactly how the unpaid work traditionally done by women has been made invisible within " and "issued a wake-up call to issues of ecological ." Bjørnholt and McKay argue that the and the response to it revealed a crisis of ideas in mainstream economics and within the economics profession, and call for a reshaping of both the economy, economic theory and the economics profession. They argue that such a reshaping should include new advances within feminist economics that take as their starting point the socially responsible, sensible and accountable subject in creating an economy and economic theories that fully acknowledge care for each other as well as the planet.