Uncertainty in Economics and Other Reflections

Uncertainty in Economics and Other Reflections PDF Author: G. L. S. Shackle
Publisher: Cambridge University Press
ISBN: 9780521153317
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
This book is a collection of some of Professor Shackle's papers written between 1939 and 1953 is largely concerned with the problems of 'expectation' and 'uncertainty' and with reducing these universal factors to some sort of plausible rules. Also included are essays on interest rates, on investment and employment, and on the philosophy of economics. This book, by one of the finest economic writers of his time, will appeal to anyone with an interest in the history of economics.

Uncertainty in Economics and Other Reflections

Uncertainty in Economics and Other Reflections PDF Author: G. L. S. Shackle
Publisher: Cambridge University Press
ISBN: 9780521153317
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
This book is a collection of some of Professor Shackle's papers written between 1939 and 1953 is largely concerned with the problems of 'expectation' and 'uncertainty' and with reducing these universal factors to some sort of plausible rules. Also included are essays on interest rates, on investment and employment, and on the philosophy of economics. This book, by one of the finest economic writers of his time, will appeal to anyone with an interest in the history of economics.

Reflections on the Great Depression

Reflections on the Great Depression PDF Author: Randall E. Parker
Publisher: Edward Elgar Publishing
ISBN: 1843765500
Category : Business & Economics
Languages : en
Pages : 243

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Book Description
This is an enjoyable and immensely readable book which combines in interview format, reflections by prominent economists on contemporary and subsequent explanations of the Great Depression with what Bernanke in his foreword refers to as highbrow gossip concerning the lives and experiences of those selected economists who lived through the era. W.R. Garside, Australian Economic History Review The tone of the book is broad, and it moves fluidly between discussion of grand intellectual debates about what mattered, personal thoughts of the interviewer and his subjects, formative experiences, events and gossip. Christopher M. Meissner, The International History Review This volume is built around transcripts of interviews conducted in 1997 and 1998 with 11 noteworthy economists who had been graduate students in the 1930s. They were invited to reflect on how the Great Depression affected them, both personally and professionally. As Ben S. Bernanke remarks in the foreword, this is first-rate highbrow gossip . The result is both instructive and entertaining. William J. Barber, Journal of Economic History The interviews with famous senior economists contained in this enjoyable book achieve two important, and quite distinct, goals. First, they provide invaluable insights into the history of theorizing about the Depression. In these conversations we see the struggles of the brightest young economists of their generation to reconcile old paradigms of the efficiency and optimality of free markets with the hard facts of mass unemployment and economic collapse they saw around them in the 1930s. In their attempts to find new answers we see the roots of current ideas and debates in economics. These interviews do an excellent job of recapturing the sense of uncertainty, the feeling of grappling with an intractable puzzle, that almost every one of these economists experienced. The second achievement of these interviews is to provide, well, first-rate highbrow gossip. The interviewees are outstanding economists but they are also an exceptional group of people. They hail from around the world, from a variety of cultural and socioeconomic backgrounds. Each, in one way or the other, found his or her way to professional prominence, often in the face of substantial adversity. From the foreword by Ben S. Bernanke, Princeton University, US It is an accepted truism that the Great Depression did more for the development of modern economics than any other single event. Some of the greatest economists of the twentieth century were inspired to go into the field as a direct result of their experiences during this period. This book explores the most prominent economic explanations of the Great Depression and how it affected the lives, experiences, and subsequent thinking of economists who lived through that era. Presented in interview format, this collection of conversations with Moses Abramovitz, Morris Adelman, Milton Friedman, Albert Hart, Charles Kindleberger, Wassily Leontief, Paul Samuelson, Anna Schwartz, James Tobin, Herbert Stein and Victor Zarnowitz provides a record of their reflections on the economics of the Great Depression and on the major events which occurred during those critical years. This volume is also another chapter in the legacy of the interwar generation of economists and is intended as a token of gratitude for the contributions they have made to the economics profession. Randall Parker has given us a window into the lives of these gifted scholars and an important glimpse into the world that shaped them. Any student or scholar of economics will find this homage to and record of the brightest voices to come out of this critical time to be indispensable.

Uncertainty in Economics and Other Reflections

Uncertainty in Economics and Other Reflections PDF Author: George Lennox Sharman Shackle
Publisher:
ISBN:
Category :
Languages : en
Pages : 267

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Book Description


Uncertainty in Economics, and Other Reflections

Uncertainty in Economics, and Other Reflections PDF Author: G L S (George Lennox Shar Shackle
Publisher: Hassell Street Press
ISBN: 9781014314956
Category :
Languages : en
Pages : 292

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Book Description
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Chaotic Uncertainty

Chaotic Uncertainty PDF Author: Immanuel Wallerstein
Publisher: Kopernik Incorporated
ISBN: 9789752439511
Category : Political Science
Languages : en
Pages : 288

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Book Description
Immanuel Wallerstein is one of the most important and yet controversial thinkers and activists of our time, writing on a wide range of topics from global economics and international politics. To Wallerstein, capitalist world-system, which was created over the last five hundred years, and whose main ideology was liberalism, has been going through a deep structural crisis since the 1970s. He maintains that this system will be replaced by other and perhaps better systems in the mid or long run. In his works in last few decades, Wallerstein has devoted almost all of his energy and time analyzing and explaining how the capitalist system could be replaced by a better system. In that regards, he considers Islamism as one of the most important dissenting movements in the World-System, but necessarily as a powerful force to replace it. This volume contains his articles and commentaries on Islam, the Middle East and the World-System, all of which were published since the Arab Spring.

The Next Age of Uncertainty

The Next Age of Uncertainty PDF Author: Stephen Poloz
Publisher: Penguin
ISBN: 0735243921
Category : Business & Economics
Languages : en
Pages : 321

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Book Description
SHORTLISTED FOR THE 2022 SHAUGHNESSY COHEN PRIZE FOR POLITICAL WRITING • SHORTLISTED FOR THE 2022 DONNER PRIZE “The Next Age of Uncertainty combines invaluable historical insights with provocative reflections on the economy of the future—a must read.” —Thomas d’Aquino C.M., LL.D., founding CEO of the Business Council of Canada, and author of Private Power Public Purpose From the former Governor of the Bank of Canada, a far-seeing guide to the powerful economic forces that will shape the decades ahead. The economic ground is shifting beneath our feet. The world is becoming more volatile, and people are understandably worried about their financial futures. In this urgent and accessible guide to the crises and opportunities that lie ahead, economist and former Governor of the Bank of Canada Stephen Poloz maps out the powerful tectonic forces that are shaping our future and the ideas that will allow us to master them. These forces include an aging workforce, mounting debt, and rising income inequality. Technological advances, too, are adding to the pressure, putting people out of work, and climate change is forcing a transition to a lower-carbon economy. It is no surprise that people are feeling uncertain. The implications of these tectonic tensions will cascade throughout every dimension of our lives—the job market, the housing market, the investment climate, as well as government and central bank policy, and the role of the corporation within society. The pandemic has added momentum to many of them. Poloz skillfully argues that past crises, from the Victorian Depression in the late 1800s to the more recent downturn in 2008, give a hint of what is in store for us in the decades ahead. Unlike the purely destructive power of earthquakes, the upheaval that is sure to come in the decades ahead will offer unexpected opportunities for renewal and growth. Filled with takeaways for employers, investors, and policymakers, as well as families discussing jobs and mortgage renewals around the kitchen table, The Next Age of Uncertainty is an indispensable guide for those navigating the fault lines of the risky world ahead.

Unknowledge and Choice in Economics

Unknowledge and Choice in Economics PDF Author: Stephen F. Frowen
Publisher: Springer
ISBN: 1349080977
Category : Business & Economics
Languages : en
Pages : 246

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Book Description
A collection of papers dicussing unknowledge and choice in economics. The topics focus especially on G.L.S.Shackle's theories and his place in subjectivist thought but also include time, choice and dynamics in economics and interest rates and investment decisions.

Integrated Regional Assessment of Global Climate Change

Integrated Regional Assessment of Global Climate Change PDF Author:
Publisher: Cambridge University Press
ISBN:
Category :
Languages : en
Pages : 426

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Book Description


The 'Uncertain' Foundations of Post Keynesian Economics

The 'Uncertain' Foundations of Post Keynesian Economics PDF Author: Stephen Dunn
Publisher: Routledge
ISBN: 1134469462
Category : Business & Economics
Languages : en
Pages : 257

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Book Description
This important new book introduces, analyzes and takes forward a post-Keynesian theory of the firm. It makes a vital contribution to the conceptualisation of uncertainty that is consistent with the methodological presuppositions of Post Keynesian economics. The author attempts to make a positive contribution to the development of Post Keynesian economics by refuting allegations of incoherence, detailing some of the salient implications of a transmutable conception of economic processes and then starting to explore what this means for how Post Keynesians conceptualise uncertainty. The book argues that the Post Keynesian distinctive view of time, understood as a non-deterministic open systems process, is a core and defining characteristic which is linked to its theoretical discussion of money and the principle of effective demand. Covering areas such as the coherence of Post Keynesianism, the future of Post Keynesian economics and Keynesian methodological debates, this book is useful reading for all Post Keynesian scholars with a strong interest in economic methodology and the philosophical underpinnings of economics.

A "second Edition" of The General Theory

A Author: Geoffrey Colin Harcourt
Publisher: Psychology Press
ISBN: 9780415149426
Category : Keynesian economics
Languages : en
Pages : 838

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Book Description