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Author: Andrew M. Kamarck
Publisher: University of Michigan Press
ISBN: 0472022024
Category : Business & Economics
Languages : en
Pages : 233
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Book Description
Economics as a Social Science is a highly readable critique of economic theory, based on a wide range of research, that endeavors to restore economics to its proper role as a social science. Contrary to conventional economic theory, which assumes that people have no free will, this book instead bases economics on the realistic assumption that human beings can choose; that we are complex beings affected by emotion, custom, habit, and reason; and that our behavior varies with circumstances and times. It embraces the findings of history, psychology, and other social sciences and the insights from great literature on human behavior as opposed to the rigidity set by mathematical axioms that define how economics is understood and practiced today. Andrew M. Kamarck demonstrates that only rough accuracy is attainable in economic measurement, and that understanding an economy requires knowledge from other disciplines. The canonical hypotheses of economics (perfect rationality, self-interest, equilibrium) are shown to be inadequate (and in the case of "equilibrium" to be counterproductive to understanding the forces that dominate the economy), and more satisfactory assumptions provided. The market is shown to work imperfectly and to require appropriate institutions to perform its function reasonably well. Further, Kamarck argues that self-interest does not always lead to helping the general interest. Economics as a Social Science examines and revises the fundamental assumptions of economics. Because it avoids jargon and explains terms carefully, it will be of interest to economics majors as well as to graduate students of economics and other social sciences, and social scientists working in government and the private sector. Andrew M. Kamarck is former Director, Economic Development Institute, the World Bank.
Author: Andrew M. Kamarck
Publisher: University of Michigan Press
ISBN: 0472022024
Category : Business & Economics
Languages : en
Pages : 233
Get Book Here
Book Description
Economics as a Social Science is a highly readable critique of economic theory, based on a wide range of research, that endeavors to restore economics to its proper role as a social science. Contrary to conventional economic theory, which assumes that people have no free will, this book instead bases economics on the realistic assumption that human beings can choose; that we are complex beings affected by emotion, custom, habit, and reason; and that our behavior varies with circumstances and times. It embraces the findings of history, psychology, and other social sciences and the insights from great literature on human behavior as opposed to the rigidity set by mathematical axioms that define how economics is understood and practiced today. Andrew M. Kamarck demonstrates that only rough accuracy is attainable in economic measurement, and that understanding an economy requires knowledge from other disciplines. The canonical hypotheses of economics (perfect rationality, self-interest, equilibrium) are shown to be inadequate (and in the case of "equilibrium" to be counterproductive to understanding the forces that dominate the economy), and more satisfactory assumptions provided. The market is shown to work imperfectly and to require appropriate institutions to perform its function reasonably well. Further, Kamarck argues that self-interest does not always lead to helping the general interest. Economics as a Social Science examines and revises the fundamental assumptions of economics. Because it avoids jargon and explains terms carefully, it will be of interest to economics majors as well as to graduate students of economics and other social sciences, and social scientists working in government and the private sector. Andrew M. Kamarck is former Director, Economic Development Institute, the World Bank.
Author: Barrington K. Brown
Publisher: Xlibris Corporation
ISBN: 1477160132
Category : Social Science
Languages : en
Pages : 227
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Book Description
This manuscript consists of 16 research papers that were completed between the years 1982 and 2005, the analyses of which range from the purely theoretical, to the empirical, and extending to the more ideological and philosophical. In any case, the emphasis of each paper is upon creativity, with inventiveness and innovation being the essential elements. Part two of this manuscript consists of a purely theoretical paper. This paper presents a fresh approach to macroeconomic theory and policy. Part Three, consisting of empirically oriented projects, employs unique variable and model specifications in order to verify existing theories in economics. The first three papers, in this part, verifies the theories of bilateral monopoly and the employment effects of minimum wage legislation under conditions of competition, monopsony, and monopoly. The next paper examines Caribbean economic integration and verifies the principle of comparative advantage. The fifth paper, in this part, examines the relationship between market structure and rates of return. The sixth paper, in this part, deals with the gaming industry. The fourth part of this manuscript deals with the more ideological and philosophical aspects of economics and social science. The first two papers, in this part, tend to emphasize laissez faire capitalism. The third, and last, paper of this part, begins to break with this tendency, and, thus, serves as somewhat of an introduction to the fifth part of this manuscript. The fifth part of this manuscript is much more interdisciplinary in nature compared to the earlier parts and deals with class conflict and extends to conflict in general. The first paper presents the primary class conflict model and five additional papers follow. The fifth paper, while an empirical undertaking, is included here because it is consistent with the general topic of this part of the manuscript.
Author: Anwar Shaikh
Publisher: Oxford University Press
ISBN: 0199390657
Category : Business & Economics
Languages : en
Pages : 1019
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Book Description
Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.
Author: Roberto Marchionatti
Publisher: Taylor & Francis
ISBN: 1317438345
Category : Business & Economics
Languages : en
Pages : 229
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Book Description
There is a growing consensus in social sciences that there is a need for interdisciplinary research on the complexity of human behavior. At an age of crisis for both the economy and economic theory, economics is called upon to fruitfully cooperate with contiguous social disciplines. The term ‘economics imperialism’ refers to the expansion of economics to territories that lie outside the traditional domain of the discipline. Its critics argue that in starting with the assumption of maximizing behaviour, economics excludes the nuances of rival disciplines and has problems in interpreting real-world phenomena. This book focuses on a territory that persists to be largely intractable using the postulates of economics: that of primitive societies. In retracing the origins of economics imperialism back to the birth of the discipline, this volume argues that it offers a reductionist interpretation that is poor in interpretative power. By engaging with the neglected traditions of sociological and anthropological studies, the analysis offers suggestions for a more democratic cooperation between the social sciences. Economics as Social Science is of great interest to those who study history of economic thought, political economy and the history of economic anthropology, as well as history of social sciences and economic methodology.
Author: Kenneth Ewart Boulding
Publisher: New Brunswick, N.J : Rutgers University Press
ISBN:
Category : Social Science
Languages : en
Pages : 136
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Book Description
"The social sciences now affect and shape man's conduct of his affairs".
Author: Shoshana Grossbard-Shechtman
Publisher: Routledge
ISBN: 1315499762
Category : Business & Economics
Languages : en
Pages : 297
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Book Description
Economics, like most other social sciences, is not a pure discipline. Indeed, it has been enhanced by the fact that there is so much overlap between it and the related fields of business, industrial relations, political science, social psychology, and sociology. This book is the first attempt to explain how work in economics has influenced and benefited from a merging of economic analysis with the research practices of these related fields of study. With contributions from leading economists from around the world, it demonstrates how economics is leading the way toward a more unified social science.
Author: Richard H. Leftwich
Publisher: Dallas : Business Publications ; Georgetown, Ont., : Irwin-Dorsey
ISBN: 9780256020823
Category : Business & Economics
Languages : en
Pages : 352
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Book Description
Author: Ford Lumban Gaol
Publisher: CRC Press
ISBN: 1315658283
Category : Business & Economics
Languages : en
Pages : 108
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Book Description
The 2015 International Congress on Economics, Social Sciences and Information Management (ICESSIM 2015), held 28-29 March 2015 in Bali, Indonesia, aimed to provide a platform for the sharing of valuable knowledge and experience in the context of changing economics and social settings. Information technology has changed many aspects in our life, inc
Author: Camelia Delcea
Publisher: Springer Nature
ISBN: 9811999325
Category : Business & Economics
Languages : en
Pages : 340
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Book Description
This book focuses on the main advancements made in the economics and social sciences field through the use of grey systems theory. As a result, it addresses both the state of the art and the applications of grey systems theory in economics and social sciences. The book is structured in eight main chapters, covering the following topics: the state of the art in the grey systems theory research in economics and social sciences, which includes a bibliometric analysis, a selection of the most well-cited papers in the field, and a selection of applications in which the grey systems theory is used in the areas of suppliers selection, risk assessment, public opinion assessment, linear programming, complex projects management, social media analysis, and natural language processing Each chapter gives an overview of a particular economic or social sciences topic, providing an explanation on the main terms and methods used for solving the problem, including the notations, terminology, and the needed steps to solve it. A practical application is presented in most of the chapters, while in the others, a series of case studies are presented from the literature and discussed in depth in terms of methods used and advantages brought by each of these methods. The last chapter discusses the hybridization cases in which the grey systems theory has been or can be successfully used along with other artificial intelligence methods and techniques for a more advanced analysis in the economics and social sciences field. The reasoning and the explanations used in the book are easy to understand for the interested persons who are not familiar to the field and want to learn more related on how the grey systems theory can be applied to economics and social sciences. As for the experts in this field, this book can be a good referral point for developing new areas of research by combining the advantages of the grey systems theory with other theories within the field.
Author: Adam Smith
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 522
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Book Description
