The Preconceptions of Economic Science

The Preconceptions of Economic Science PDF Author: Thorstein Veblen
Publisher: Read Books Ltd
ISBN: 1473396182
Category : Business & Economics
Languages : en
Pages : 88

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Book Description
Thorstein Veblen was probably the greatest economist working in early 20th century America. In this treatise, Veblen sets out the preconceptions and uninformed ideas people have when beginning to study the economy, taking each problem and addressing it in turn, hoping to open the readers mind to a better understanding of one of the most difficult and complex problems of the modern world, the economy. We are republishing this work with a brand new short introductory biography of the author.

The Preconceptions of Economic Science

The Preconceptions of Economic Science PDF Author: Thorstein Veblen
Publisher: Read Books Ltd
ISBN: 1473396182
Category : Business & Economics
Languages : en
Pages : 88

Get Book Here

Book Description
Thorstein Veblen was probably the greatest economist working in early 20th century America. In this treatise, Veblen sets out the preconceptions and uninformed ideas people have when beginning to study the economy, taking each problem and addressing it in turn, hoping to open the readers mind to a better understanding of one of the most difficult and complex problems of the modern world, the economy. We are republishing this work with a brand new short introductory biography of the author.

The Natural Economic Science

The Natural Economic Science PDF Author: Paul Fudulu
Publisher: Emerald Group Publishing
ISBN: 1789732212
Category : Business & Economics
Languages : en
Pages : 227

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Book Description
Economics is widely regarded as a social science. In this ground-breaking new study, Paul Fudulu crosses the divide between natural and social science to introduce a new theory of natural economic science, based on one of the most important causal laws of physics: the entropic degradation of the universe.

The Place of Science in Modern Civilisation and Other Essays

The Place of Science in Modern Civilisation and Other Essays PDF Author: Thorstein Veblen
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 526

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Book Description


The Guidance of an Enterprise Economy

The Guidance of an Enterprise Economy PDF Author: Martin Shubik
Publisher: MIT Press
ISBN: 0262034638
Category : Business & Economics
Languages : en
Pages : 591

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Book Description
A rigorous theory of money, credit, and bankruptcy in the context of a mixed economy, uniting Walrasian general equilibrium with macroeconomic dynamics and Schumpeterian innovation. This book offers a rigorous study of control, guidance, and coordination problems of an enterprise economy, with attention to the roles of money and financial institutions. The approach is distinctive in drawing on game theory, methods of physics and experimental gaming, and, more generally, a broader evolutionary perspective from the biological and behavioral sciences. The proposed theory unites Walrasian general equilibrium with macroeconomic dynamics and Schumpeterian innovation utilizing strategic market games. Problems concerning the meaning of rational economic behavior and the concept of solution are noted. The authors argue that process models of the economy can be built that are consistent with the general equilibrium system but become progressively more complex as new functions are added. Explicit embedding of the economy within the framework of government and society provides a natural, both formal and informal, control system. The authors describe how to build and analyze multistate models with simple assumptions about behavior, and develop a general modeling methodology for the construction of models as playable games.

Constructing Economic Science

Constructing Economic Science PDF Author: Keith Tribe
Publisher: Oxford University Press
ISBN: 0190491744
Category : Business & Economics
Languages : en
Pages : 441

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Book Description
Constructing Economic Science shows how the new "science" of economics was primarily an institutional creation of the modern university. Keith Tribe charts the path through commercial education to the discipline of economics and the creation of an economics curriculum that could be replicated around the world.

Veblen

Veblen PDF Author: Charles Camic
Publisher: Harvard University Press
ISBN: 0674659724
Category : Business & Economics
Languages : en
Pages : 505

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Book Description
A bold new biography of the thinker who demolished accepted economic theories in order to expose how people of economic and social privilege plunder their wealth from society’s productive men and women. Thorstein Veblen was one of America’s most penetrating analysts of modern capitalist society. But he was not, as is widely assumed, an outsider to the social world he acidly described. Veblen overturns the long-accepted view that Veblen’s ideas, including his insights about conspicuous consumption and the leisure class, derived from his position as a social outsider. In the hinterlands of America’s Midwest, Veblen’s schooling coincided with the late nineteenth-century revolution in higher education that occurred under the patronage of the titans of the new industrial age. The resulting educational opportunities carried Veblen from local Carleton College to centers of scholarship at Johns Hopkins, Yale, Cornell, and the University of Chicago, where he studied with leading philosophers, historians, and economists. Afterward, he joined the nation’s academic elite as a professional economist, producing his seminal books The Theory of the Leisure Class and The Theory of Business Enterprise. Until late in his career, Veblen was, Charles Camic argues, the consummate academic insider, engaged in debates about wealth distribution raging in the field of economics. Veblen demonstrates how Veblen’s education and subsequent involvement in those debates gave rise to his original ideas about the social institutions that enable wealthy Americans—a swarm of economically unproductive “parasites”—to amass vast fortunes on the backs of productive men and women. Today, when great wealth inequalities again command national attention, Camic helps us understand the historical roots and continuing reach of Veblen’s searing analysis of this “sclerosis of the American soul.”

The Quarterly Journal of Economics

The Quarterly Journal of Economics PDF Author: Charles Franklin Dunbar
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 698

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Book Description
Vols. 1-22 include the section "Recent publications upon economics".

Essays on: The Nature and State of Modern Economics

Essays on: The Nature and State of Modern Economics PDF Author: Tony Lawson
Publisher: Routledge
ISBN: 131753087X
Category : Business & Economics
Languages : en
Pages : 313

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Book Description
What do modern academic economists do? What currently is mainstream economics? What is neoclassical economics? And how about heterodox economics? How do the central concerns of modern economists, whatever their associations or allegiances, relate to those traditionally taken up in the discipline? And how did economics arrive at its current state? These and various cognate questions and concerns are systematically pursued in this new book by Tony Lawson. The result is a collection of previously published and new papers distinguished in providing the only comprehensive and coherent account of these issues currently available. The financial crisis has not only revealed weaknesses of the capitalist economy but also highlighted just how limited and impoverished is modern academic economics. Despite the failings of the latter being more widely acknowledged now than ever, there is still an enormous amount of confusion about their source and true nature. In this collection, Tony Lawson also identifies the causes of the discipline’s failings and outlines a transformative solution to its deficiencies. Amongst other things, Lawson advocates for the adoption of a more historical and philosophical orientation to the study of economics, one that deemphasizes the current focus on mathematical modelling while maintaining a high level of analytical rigour. In so doing Lawson argues for a return to long term systematic and sustained projects, in the manner pursued by the likes of Marx, Veblen, Hayek and Keynes, concerned first and foremost with advancing our understanding of social reality. Overall, this forceful and persuasive collection represents a major intervention in the on-going debates about the nature, state and future direction of economics.

Classics in Institutional Economics, Part I, Volume 1

Classics in Institutional Economics, Part I, Volume 1 PDF Author: Warren J Samuels
Publisher: Taylor & Francis
ISBN: 1040293301
Category : Business & Economics
Languages : en
Pages : 579

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Book Description
Institutional economics is recognised as a peculiarly American development in economics — nothing quite like it emerged in Britain or continental Europe. As such, a knowledge of the literature of institutionalism is a necessary part of understanding the history of American economics and American social thought more broadly. The work of the authors featured in this collection served to create and define the American institutionalist tradition in economics: Thorstein Veblen, Richard Theodore Ely, John Rogers Commons, Robert Franklin Hoxie, Wesley Clair Mitchell and Walton Hale Hamilton. These figures were also central to institutionalism’s numerous debates on the unifying characteristics of the movement and its principal contributions — making this collection of their most important works a convenient vehicle to assess these issues. It is also of increasing value given the fact that the main concerns of institutionalists, such as the role of institutions and development of an evolutionary approach, having been coming back into prominence as important issues in economics.

The Turn to Process

The Turn to Process PDF Author: Kunal M. Parker
Publisher: Cambridge University Press
ISBN: 1009335243
Category : History
Languages : en
Pages : 339

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Book Description
In The Turn to Process, Kunal M. Parker explores the massive reorientation of American legal, political, and economic thinking between 1870 and 1970. Over this period, American conceptions of law, democracy, and markets went from being oriented around truths, ends, and foundations to being oriented around methods, processes, and techniques. No longer viewed as founded in justice and morality, law became a way of doing things centered around legal procedure. Shedding its foundations in the 'people,' democracy became a technique of governance consisting of an endless process of interacting groups. Liberating themselves from the truths of labor, markets and market actors became intellectual and political techniques without necessary grounding in the reality of human behavior. Contrasting nineteenth and twentieth century legal, political, and economic thought, this book situates this transformation in the philosophical crisis of modernism and the rise of the administrative state.