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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.
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.
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.
Author: George Lennox Sharman Shackle
Publisher:
ISBN:
Category :
Languages : en
Pages : 267
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Book Description
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.
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.
Author: Karl Menger
Publisher: Springer Science & Business Media
ISBN: 9400993471
Category : Philosophy
Languages : en
Pages : 343
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Book Description
This volume brings together those papers of mine which may be of interest not only to various specialists but also to philosophers. Many of my writings in mathematics were motivated by epistemological considerations; some papers originated in the critique of certain views that at one time dominated the discussions of the Vienna Cirele; others grew out of problems in teaching fundamental ideas of mathematics; sti II others were occasioned by personal relations with economists. Hence a wide range of subjects will be discussed: epistemology, logic, basic concepts of pure and applied mathematics, philosophical ideas resulting from geometric studies, mathematical didactics and, finally, economics. The papers also span a period of more than fifty years. What unifies the various parts of the book is the spirit of searching for the elarification of basic concepts and methods and of articulating hidden ideas and tacit procedures. Part 1 ineludes papers published about 1930 which expound an idea that Carnap, after a short period of opposition in the Cirele, fully adopted ; and, under the name "Princip/e of To/erance", he eloquently formulated it in great generality in his book, Logica/ Syntax of Language (1934), through which it was widely disseminated. "The New Logic" in Chapter 1 furthermore ineludes the first report (I932) to a larger public of Godel's epochal discovery presented among the great logic results of ali time. Chapter 2 is a translation of an often quoted 1930 paper presenting a detailed exposition and critique of intuitionism.
Author: Dennis V. Lindley
Publisher: John Wiley & Sons
ISBN: 0470055472
Category : Mathematics
Languages : en
Pages : 268
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Book Description
A lively and informal introduction to the role of uncertainty and probability in people's lives from an everyday perspective From television game shows and gambling techniques to weather forecasting and the financial markets, virtually every aspect of modern life involves situations in which the outcomes are uncertain and of varying qualities. But as noted statistician Dennis Lindley writes in this distinctive text, "We want you to face up to uncertainty, not hide it away under false concepts, but to understand it and, moreover, to use the recent discoveries so that you can act in the face of uncertainty more sensibly than would have been possible without the skill." Accessibly written at an elementary level, this outstanding text examines uncertainty in various everyday situations and introduces readers to three rules--craftily laid out in the book--that prove uncertainty can be handled with as much confidence as ordinary logic. Combining a concept of utility with probability, the book insightfully demonstrates how uncertainty can be measured and used in everyday life, especially in decision-making and science. With a focus on understanding and using probability calculations, Understanding Uncertainty demystifies probability and: * Explains in straightforward detail the logic of uncertainty, its truths, and its falsehoods * Explores what has been learned in the twentieth century about uncertainty * Provides a logical, sensible method for acting in the face of uncertainty * Presents vignettes of great discoveries made in the twentieth century * Shows readers how to discern if another person--whether a lawyer, politician, scientist, or journalist--is talking sense, posing the right questions, or obtaining sound answers Requiring only a basic understanding of mathematical concepts and operations, Understanding Uncertainty is useful as a text for all students who have probability or statistics as part of their course, even at the most introductory level.
Author: Marjolein B.A. van Asselt
Publisher: Springer Science & Business Media
ISBN: 9401725837
Category : Technology & Engineering
Languages : en
Pages : 444
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Book Description
This volume is intended to stimulate a change in the practice of decision support, advocating an interdisciplinary approach centred on both social and natural sciences, both theory and practice. It addresses the issue of analysis and management of uncertainty and risk in decision support corresponding to the aims of Integrated Assessment. A pluralistic method is necessary to account for legitimate plural interpretations of uncertainty and multiple risk perceptions. A wide range of methods and tools is presented to contribute to adequate and effective pluralistic uncertainty management and risk analysis in decision support endeavours. Special attention is given to the development of one such approach, the Pluralistic fRamework for Integrated uncertainty Management and risk Analysis (PRIMA), of which the practical value is explored in the context of the Environmental Outlooks produced by the Dutch Institute for Public Health and Environment (RIVM). Audience: This book will be of interest to researchers and practitioners whose work involves decision support, uncertainty management, risk analysis, environmental planning, and Integrated Assessment.
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.
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.
