Titlebook: Rethinking Economics; From Analogies to th Stuart Birks Book 2015 The Author(s) 2015 Alternative perspectives within economics.Critiques of

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,Logical Gaps: Path C—Empirical Results to the Real World,essarily imply value for policy making. The rhetoric around such results can be influential, but may not be justified. Results are frequently misinterpreted. There are problems with some of the tests, as with hypothesis testing and the fallacy of the transposed conditional. A limited range of result

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A Way Forward,dings. By placing them in context, their strengths and limitations can be identified. There is a large body of existing knowledge which, with care, can be usefully applied. The perspectives presented in the book suggest ways in which alternative schools of thought and various concept sand findings c

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The Importance of Rhetoric and Framing,ch have received relatively little attention. The paths are from theory to the real world, from theory to empirical analysis and from empirical results to the real world. They have important implications for policy making.

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,Logical Gaps: Path C—Empirical Results to the Real World,ing policy options is considered. Numerous standard policy questions are not addressed, including ease of change and the costs and benefits of change. A further issue, the use of data to show advantage or disadvantage, is discussed.