Author: Bruce Nevin Shortt
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 556
Book Description
Neoclassical Economics and the Unity of Science
Author: Bruce Nevin Shortt
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 556
Book Description
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 556
Book Description
Science, Rationality, and Neoclassical Economics
Author: L. D. Keita
Publisher: University of Delaware Press
ISBN: 9780874134100
Category : Business & Economics
Languages : en
Pages : 204
Book Description
This work examines the claim to scienific status made by supporters and practitioners of neoclassical economics. The approach taken is that of the history and philosophy of science. Analysis points to the conclusion that theories of economic choice are necessarily normative, essentially because of the nature of human behavior.
Publisher: University of Delaware Press
ISBN: 9780874134100
Category : Business & Economics
Languages : en
Pages : 204
Book Description
This work examines the claim to scienific status made by supporters and practitioners of neoclassical economics. The approach taken is that of the history and philosophy of science. Analysis points to the conclusion that theories of economic choice are necessarily normative, essentially because of the nature of human behavior.
The Unity of Science and Economics
Author: Jing Chen
Publisher: Springer
ISBN: 149393466X
Category : Science
Languages : en
Pages : 148
Book Description
This book presents a new economic theory developed from physical and biological principles. It explains how technology, social systems and economic values are intimately related to resources. Many people have recognized that mainstream (neoclassical) economic theories are not consistent with physical laws and often not consistent with empirical patterns, but most feel that economic activities are too complex to be described by a simple and coherent mathematical theory. While social systems are indeed complex, all life systems, including social systems, satisfy two principles. First, all systems need to extract resources from the external environment to compensate for their consumption. Second, for a system to be viable, the amount of resource extraction has to be no less than the level of consumption. From these two principles, we derive a quantitative theory of major factors in economic activities, such as fixed cost, variable cost, discount rate, uncertainty and duration. The mathematical theory enables us to systematically measure the effectiveness of different policies and institutional structures at varying levels of resource abundance and cost.The theory presented in this book shows that there do not exist universally optimal policies or institutional structures. Instead, the impacts of different policies or social structures have to be measured within the context of existing levels of resource abundance. As the physical costs of extracting resources rise steadily, many policy assumptions adopted in mainstream economic theories, and workable in times of cheap and abundant energy supplies and other resources, need to be reconsidered. In this rapidly changing world, the theory presented here provides a solid foundation for examining the long-term impacts of today's policy decisions.
Publisher: Springer
ISBN: 149393466X
Category : Science
Languages : en
Pages : 148
Book Description
This book presents a new economic theory developed from physical and biological principles. It explains how technology, social systems and economic values are intimately related to resources. Many people have recognized that mainstream (neoclassical) economic theories are not consistent with physical laws and often not consistent with empirical patterns, but most feel that economic activities are too complex to be described by a simple and coherent mathematical theory. While social systems are indeed complex, all life systems, including social systems, satisfy two principles. First, all systems need to extract resources from the external environment to compensate for their consumption. Second, for a system to be viable, the amount of resource extraction has to be no less than the level of consumption. From these two principles, we derive a quantitative theory of major factors in economic activities, such as fixed cost, variable cost, discount rate, uncertainty and duration. The mathematical theory enables us to systematically measure the effectiveness of different policies and institutional structures at varying levels of resource abundance and cost.The theory presented in this book shows that there do not exist universally optimal policies or institutional structures. Instead, the impacts of different policies or social structures have to be measured within the context of existing levels of resource abundance. As the physical costs of extracting resources rise steadily, many policy assumptions adopted in mainstream economic theories, and workable in times of cheap and abundant energy supplies and other resources, need to be reconsidered. In this rapidly changing world, the theory presented here provides a solid foundation for examining the long-term impacts of today's policy decisions.
Individualism and the Unity of Science
Author: Harold Kincaid
Publisher: Rowman & Littlefield
ISBN: 9780847686636
Category : Philosophy
Languages : en
Pages : 182
Book Description
In this original and important book, Harold Kincaid defends a view of the special sciences -- all sciences outside physics -- as autonomous and nonreducible. He argues that the biological and social sciences provide explanations that cannot be captured by explanations at the level of their constituent parts, and yet that this does not commit us to mysterious, nonphysical entities like vital forces or group minds. A look at real scientific practice shows that the many different sciences can be unified in a way that leaves them each an autonomous explanatory role. This book will be of great interest to philosophers of science and social scientists.
Publisher: Rowman & Littlefield
ISBN: 9780847686636
Category : Philosophy
Languages : en
Pages : 182
Book Description
In this original and important book, Harold Kincaid defends a view of the special sciences -- all sciences outside physics -- as autonomous and nonreducible. He argues that the biological and social sciences provide explanations that cannot be captured by explanations at the level of their constituent parts, and yet that this does not commit us to mysterious, nonphysical entities like vital forces or group minds. A look at real scientific practice shows that the many different sciences can be unified in a way that leaves them each an autonomous explanatory role. This book will be of great interest to philosophers of science and social scientists.
Idealization IX: Idealization in Contemporary Physics
Author:
Publisher: BRILL
ISBN: 9004457631
Category : Science
Languages : en
Pages : 272
Book Description
Here is presented for the first time a comprehensive review and analysis of the several roles played by idealization procedures in the logic, mathematics and models that lie at the heart of modern, twentieth century physics. It is only through idealization of one form or another that the objects and processes of modern physics become tractable. The essays in this volume will be of interest to all those who are concerned with the uses of models in physics, and the relationships between models and the real world. The essays in this volume cover the role of idealization in all the main areas of modern physics, ranging from quantum theory, relativity theory and cosmology to chaos theory.
Publisher: BRILL
ISBN: 9004457631
Category : Science
Languages : en
Pages : 272
Book Description
Here is presented for the first time a comprehensive review and analysis of the several roles played by idealization procedures in the logic, mathematics and models that lie at the heart of modern, twentieth century physics. It is only through idealization of one form or another that the objects and processes of modern physics become tractable. The essays in this volume will be of interest to all those who are concerned with the uses of models in physics, and the relationships between models and the real world. The essays in this volume cover the role of idealization in all the main areas of modern physics, ranging from quantum theory, relativity theory and cosmology to chaos theory.
Encyclopedia of Philosophy and the Social Sciences
Author: Byron Kaldis
Publisher: SAGE
ISBN: 1412986893
Category : Philosophy
Languages : en
Pages : 1195
Book Description
The entries in this encyclopedia give readers an opportunity to explore interconnections, clarify commonalities as well as differences or comparative contrasts, discover new fields or ideas of intellectual interest, explore adjacent conceptual zones that may be found to further expand their own disciplinary domains, and also understand better their own academic areas of expertise and the historical provenance of each. -- p. xxxi.
Publisher: SAGE
ISBN: 1412986893
Category : Philosophy
Languages : en
Pages : 1195
Book Description
The entries in this encyclopedia give readers an opportunity to explore interconnections, clarify commonalities as well as differences or comparative contrasts, discover new fields or ideas of intellectual interest, explore adjacent conceptual zones that may be found to further expand their own disciplinary domains, and also understand better their own academic areas of expertise and the historical provenance of each. -- p. xxxi.
Science-Mart
Author: Philip Mirowski
Publisher: Harvard University Press
ISBN: 0674061136
Category : Business & Economics
Languages : en
Pages : 463
Book Description
This trenchant study analyzes the rise and decline in the quality and format of science in America since World War II. Science-Mart attributes this decline to a powerful neoliberal ideology in the 1980s which saw the fruits of scientific investigation as commodities that could be monetized, rather than as a public good.
Publisher: Harvard University Press
ISBN: 0674061136
Category : Business & Economics
Languages : en
Pages : 463
Book Description
This trenchant study analyzes the rise and decline in the quality and format of science in America since World War II. Science-Mart attributes this decline to a powerful neoliberal ideology in the 1980s which saw the fruits of scientific investigation as commodities that could be monetized, rather than as a public good.
Late Neoclassical Economics
Author: Yahya M. Madra
Publisher: Routledge
ISBN: 1317813111
Category : Business & Economics
Languages : en
Pages : 218
Book Description
Several contemporary economic theories revolve around different concepts: market failures, institutions, transaction costs, information asymmetries, motivational diversity, cognitive limitations, strategic behaviors and evolutionary stability. In recent years, many economists have argued that the increase in circulation and mobilization of these new and heterogeneous concepts and their associated methodologies (e.g., experiments, evolutionary modelling, simulations) signify the death of neoclassical economics. Late Neoclassical Economics: The Restoration of Theoretical Humanism in Contemporary Economic Theory draws on the work of Louis Althusser, Michel Foucault and the Amherst School, to construct the concept of a self-transparent and self-conscious human subject (Homo economicus) as the theoretical humanist core of the neoclassical tradition. Instead of identifying the emergent heterogeneity as a break from neoclassicism, this book offers a careful genealogy of many of the new concepts and approaches - including evolutionary game theory, experimental economics and behavioural economics - and reads their elaboration as part of the restoration of the theoretical humanist core of the tradition. ‘Late neoclassical economics’ is therefore characterized as a collection of diverse approaches which have emerged in response to the drift towards structuralism. This book is suitable for those who study political economy, history of economic thought and philosophy of economics. The arguments put forward in this text will also resonate with anyone who is interested in the fate of the neoclassical tradition and the future of economic theory.
Publisher: Routledge
ISBN: 1317813111
Category : Business & Economics
Languages : en
Pages : 218
Book Description
Several contemporary economic theories revolve around different concepts: market failures, institutions, transaction costs, information asymmetries, motivational diversity, cognitive limitations, strategic behaviors and evolutionary stability. In recent years, many economists have argued that the increase in circulation and mobilization of these new and heterogeneous concepts and their associated methodologies (e.g., experiments, evolutionary modelling, simulations) signify the death of neoclassical economics. Late Neoclassical Economics: The Restoration of Theoretical Humanism in Contemporary Economic Theory draws on the work of Louis Althusser, Michel Foucault and the Amherst School, to construct the concept of a self-transparent and self-conscious human subject (Homo economicus) as the theoretical humanist core of the neoclassical tradition. Instead of identifying the emergent heterogeneity as a break from neoclassicism, this book offers a careful genealogy of many of the new concepts and approaches - including evolutionary game theory, experimental economics and behavioural economics - and reads their elaboration as part of the restoration of the theoretical humanist core of the tradition. ‘Late neoclassical economics’ is therefore characterized as a collection of diverse approaches which have emerged in response to the drift towards structuralism. This book is suitable for those who study political economy, history of economic thought and philosophy of economics. The arguments put forward in this text will also resonate with anyone who is interested in the fate of the neoclassical tradition and the future of economic theory.
The Economics of Science
Author: James R Wible
Publisher: Routledge
ISBN: 1134691920
Category : Business & Economics
Languages : en
Pages : 284
Book Description
Science is difficult and costly to do well. This study systematically creates an economics of science. Many aspects of science are explored from an economic point of view. The scientist is treated as an economically rational individual. This book begins with economic models of misconduct in science and the legitimate, normal practices of science, moving on to market failure, the market place of ideas, self-correctiveness, and the organizational and institutional structures of science. An exploration of broader methodological themes raised by an economics of science ends the work.
Publisher: Routledge
ISBN: 1134691920
Category : Business & Economics
Languages : en
Pages : 284
Book Description
Science is difficult and costly to do well. This study systematically creates an economics of science. Many aspects of science are explored from an economic point of view. The scientist is treated as an economically rational individual. This book begins with economic models of misconduct in science and the legitimate, normal practices of science, moving on to market failure, the market place of ideas, self-correctiveness, and the organizational and institutional structures of science. An exploration of broader methodological themes raised by an economics of science ends the work.
The Oxford Handbook of Industrial Policy
Author: Arkebe Oqubay
Publisher:
ISBN: 0198862423
Category : Business & Economics
Languages : en
Pages : 981
Book Description
Industrial policy has long been regarded as a strategy to encourage sector-, industry-, or economy-wide development by the state. It has been central to competitiveness, catching up, and structural change in both advanced and developing countries. "The Oxford Handbook of Industrial Policy" presents a comprehensive review of and a novel approach to the conceptual and theoretical foundations of industrial policy, providing analytical perspectives on how industrial policy connects to broader issues of development strategy, macro-economic policies, infrastructure development, human capital, political economy, green economy, and shifts in the twenty-first century. The chapters offer valuable lessons and policy insights to policymakers, practitioners and researchers in the field.
Publisher:
ISBN: 0198862423
Category : Business & Economics
Languages : en
Pages : 981
Book Description
Industrial policy has long been regarded as a strategy to encourage sector-, industry-, or economy-wide development by the state. It has been central to competitiveness, catching up, and structural change in both advanced and developing countries. "The Oxford Handbook of Industrial Policy" presents a comprehensive review of and a novel approach to the conceptual and theoretical foundations of industrial policy, providing analytical perspectives on how industrial policy connects to broader issues of development strategy, macro-economic policies, infrastructure development, human capital, political economy, green economy, and shifts in the twenty-first century. The chapters offer valuable lessons and policy insights to policymakers, practitioners and researchers in the field.