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Author: Thomas Mayer
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 216
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Book Description
The author's principle of the strongest link provides the basis in this text for a critique of contemporary macroeconomics and its obsession with formalism. The text provides a rigorous methodological assessment of the New Classical and New Keynesian approaches and their failings.
Author: Thomas Mayer
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 216
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Book Description
The author's principle of the strongest link provides the basis in this text for a critique of contemporary macroeconomics and its obsession with formalism. The text provides a rigorous methodological assessment of the New Classical and New Keynesian approaches and their failings.
Author: Thomas Mayer
Publisher: Edward Elgar Publishing
ISBN: 9781852785468
Category : Business & Economics
Languages : en
Pages : 212
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Book Description
The author's principle of the strongest link provides the basis in this text for a critique of contemporary macroeconomics and its obsession with formalism. The text provides a rigorous methodological assessment of the New Classical and New Keynesian approaches and their failings.
Author: Frank H. Knight
Publisher: University of Chicago Press
ISBN: 9780226446950
Category : Business & Economics
Languages : en
Pages : 448
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Book Description
Frank H. Knight (1885-1972) was a central figure—many say the dominant influence—in the development of the "Chicago School of Economics" at the University of Chicago in the 1930s and 1940s, where he taught future Nobel laureates Milton Friedman, James Buchanan, George Stigler, and many other notable scholars. It was Knight's embedded skepticism about the reach of economic knowledge that set the stage for the laissez-faire economics that matured at the University in the 1950s and 1960s. But as important as Knight's technical economic contributions were, he never strayed far from his broad philosophical interests and concern for the state of modern liberal democracy. Ross B. Emmett's selection of Knight's essays is the first to offer a comprehensive picture of the work of this notable social scientist over the span of his career. Included are not only Knight's most influential writings, but also a number of uncollected papers which have not previously been widely accessible. These essays illustrate Knight's views on the central debates regarding economics, social science, ethics, education, and modern liberalism. Volume 1: "What is Truth" in Economics? contains fifteen of Knight's papers up through 1940. Volume 2: Laissez Faire: Pro and Con includes fourteen of Knight's papers from 1940 through 1967, including "Socialism: The Nature of the Problem" and "The Sickness of Liberal Society." These twenty-nine essays together stand not only as a monument to one of economics' most significant and original thinkers, but will also serve as an invaluable resource for economists, philosophers, and political scientists interested in the development of the western liberal tradition.
Author: Bruno S. Frey
Publisher: Springer
ISBN: 3319474588
Category : Business & Economics
Languages : en
Pages : 168
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Book Description
Reporting on cutting-edge advances in economics, this book presents a selection of commentaries that reveal the weaknesses of several core economics concepts. Economics is a vigorous and progressive science, which does not lose its force when particular parts of its theory are empirically invalidated; instead, they contribute to the accumulation of knowledge. By discussing problematic theoretical assumptions and drawing on the latest empirical research, the authors question specific hypotheses and reject major economic ideas from the “Coase Theorem” to “Say’s Law” and “Bayesianism.” Many of these ideas remain prominent among politicians, economists and the general public. Yet, in the light of the financial crisis, they have lost both their relevance and supporting empirical evidence. This fascinating and thought-provoking collection of 71 short essays written by respected economists and social scientists from all over the world will appeal to anyone interested in scientific progress and the further development of economics.
Author: Roger E. Backhouse
Publisher: Routledge
ISBN: 1134864396
Category : Business & Economics
Languages : en
Pages : 416
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Book Description
In recent years there has been a flowering of work on economic methodology. However there is no longer any consensus about which direction this should take or, indeed, even what the role and content of economic methodology should be. This book reflects this diversity. Its contributors are responsible for the major developments in this field and together they give an account of all the major positions which currently prevail in economic methodology. These include attempts to rehabilitate the 'falsification' of Kuhn, Lakatos and Popper, sociology of knowledge approaches, different forms of realism, contributions from the 'rhetoric' project and other perspectives which view the economy as a text.
Author: Victor A. Beker
Publisher: Routledge
ISBN: 1000598837
Category : Business & Economics
Languages : en
Pages : 160
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Book Description
In the work of most classical economists – including Smith and Keynes – theory was often embedded in application. But from the second half of the last century on, mainstream economics styled itself as “pure” economics, where the theory is presented in a very abstract form detached from any application. This book maintains that economics is a social science whose mission is to explain and, when possible, predict, phenomena of the real-world economy. The book argues that the first step to restore economics as a social science is to define what issues economics should address. Only after this research agenda is established should the appropriate methodology be chosen, not the other way around. In this respect, examples from other social sciences as well as from natural sciences are considered more appropriate models for economics rather than physics. Moreover, the need for a closer interaction with psychology, sociology and other social sciences is required to restore the discipline to that field instead of acting as a branch of applied mathematics. The book also argues for a more pluralist approach to economic education to enable prospective economists to understand real-world economic phenomena and potential policy solution. For this reason, a good economics education should necessarily include the study of economic history and of the institutional environment. This book is essential reading for anyone who wants to see economics return to its origins as a social science.
Author: Peter Koslowski
Publisher: Springer Science & Business Media
ISBN: 3642590950
Category : Business & Economics
Languages : en
Pages : 562
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Book Description
The volume at hand gives an exposition of the tradition of the Historical School of Economics and of the Geisteswissenschaften or human sciences, the latter in their development within the Historical School as well as in Neo-Kantianism and the sociology of knowledge. It continues the discussion started in the year 1994 on the Older Historical School of Economics and the 19th century German contribution to an ethical theory of economics with the Newer Historical School of the 20th century. Economists, social scientists, and philosophers examine the contribution of this tradition and its impact for present theory. The schools of thought and their approaches to economics as well as to the cultural and social sciences are examined here not as much for their historical interest as for their poten tial systematic contribution to the contemporary debates on economic ethics, economics, sociology, and philosophy. The volume at hand contains the proceedings of the Fourth Annual SEEP-Conference on Economic Ethics and Philosophy in 1996, "Economics and Ethics in the Historical School. Part B: Max Weber, Heinrich Rickert, Max Scheler, Werner Sombart, Arthur Spiethoff, John Commons, Alfred Marshall, and Others", held at Marienrode Monastery near Hannover, Germa ny, on March 27-30th, 1996, together with several additional invited papers.
Author: Roger E. Backhouse
Publisher: Routledge
ISBN: 1134686730
Category : Business & Economics
Languages : en
Pages : 251
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Book Description
Roger Backhouse is a key figure in the field of economic methodology. Explorations in Economic Methodology both clarifies and responds to the issues raised by the literature and argues that methodology is an essential activity. Offering a constructive, but critical, response to the recent literature, this collection provides important new insights for students and researchers in economic methodology and the philosophy of science.
Author: Daniel M. Hausman
Publisher: Cambridge University Press
ISBN: 0521883504
Category : Business & Economics
Languages : en
Pages : 11
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Book Description
This volume, explores the nature of economics as a science, including classic texts and newer essays.
Author: Roger Backhouse
Publisher: Edward Elgar Publishing
ISBN: 9781782543114
Category : Business & Economics
Languages : en
Pages : 488
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Book Description
Focuses on leading economists who were born, or have spent the greater part of their lives, in America.
