Author: Peter Róna
Publisher: Springer
ISBN: 3319945297
Category : Business & Economics
Languages : en
Pages : 194
Get Book Here
Book Description
This book examines the nature of economic objects that form the subject matter of economics, and studies how they resemble or differ from the objects studied by the natural sciences. It explores the question of whether economic objects created by modern economics sufficiently represent economic reality, and confronts the question whether tools, techniques and the methodology borrowed from the natural sciences are appropriate for the analysis of economic reality. It demonstrates the unsustainability of rational choice theory. It looks at economic agents, such as individuals, groups, legally constituted entities, algorithms, or robots, how they function and how they are represented in economics. The volume further examines the extent, if any, that mathematics can represent the objects of the economy, such as supply and demand, equilibrium, marginal utility, or the money supply as they actually occur in the economy, and as they are represented in economics. Finally, the volume explores whether the subject matter of economics – however defined – is the proper subject of theoretical knowledge, whether economics is an analytic or a descriptive discipline, or if it is more properly seen in the domain of practical reason. Specifically, the book looks at the importance and the ambiguity of the ontology of modern economics, temporality, reflexivity, the question of incommensurability, and their implications for economic policy.
Author: Peter Róna
Publisher: Springer Nature
ISBN: 3030526739
Category : Philosophy
Languages : en
Pages : 236
Get Book Here
Book Description
This open access book examines from a variety of perspectives the disappearance of moral content and ethical judgment from the models employed in the formulation of modern economic theory, and some of the papers contain important proposals about how moral judgment could be reintroduced in economic theory. The chapters collected in this volume result from the favorable reception of the first volume of the Virtues in Economics series and represent further contributions to the themes set out in that volume: (i) examining the philosophical and methodological fallacies of this turn in modern economic theory that the removal of the moral motivation of economic agents from modern economic theory has entailed; and (ii) proposing a return descriptive economics as the means with which the moral content of economic life could be restored in economic theory. This book is of interest to researchers and students of the methodology of economics, ethics, philosophers concerned with agency and economists who build economic models that rest in the intention of the agent.
Author: T.W. Hutchison
Publisher: Routledge
ISBN: 1136519254
Category : Business & Economics
Languages : en
Pages : 199
Get Book Here
Book Description
This book examines important issues on the relationship between economics and political values or ideologies, by analysing the main branches of economic theory in an historical perspective and their impact on economic policy. The book is structured as follows: Part I: Positive Economics? 1. The Positive-Normative Distinction in the History of Economic Thought Part II: Policy Objectives 2. The Objectives of Economic Policies: An Historical Review
Author: David W. Conklin
Publisher: Cambridge University Press
ISBN: 9780521348898
Category : Business & Economics
Languages : en
Pages : 436
Get Book Here
Book Description
This book explores diverse economic systems and the choices societies must face in determining which economic systems best suit their needs.
Author: Sudipta Sarangi
Publisher: Penguin Enterprise
ISBN: 9780143450375
Category :
Languages : en
Pages : 296
Get Book Here
Book Description
Why are all the good mangoes exported from India? Why should we pay our house help more? Why do we hesitate to reach out for that last piece of cake in a gathering? Are more choices really better? Why do many of us offer a prayer but are reluctant to wear a seatbelt while driving? Are Indians hardwired to get grumpy at a peer's success? What's common between a box of cereal and your résumé? Can economics answer all these questions and more? According to Dr Sudipta Sarangi, the answer is yes. In The Economics of Small Things, Sarangi using a range of everyday objects and common experiences like bringing about lasting societal change through Facebook to historically momentous episodes like the shutting down of telegram services in India offers crisp, easy-to-understand lessons in economics. The book studies the development of familiar cultural practices from India and around the world and links the regular to the esoteric and explains everything from Game Theory to the Cobra Effect without depending on graphs or equations-a modern-day miracle! Through disarmingly simple prose, the book demystifies economic theories, offers delightful insights, and provides nuance without jargon. Each chapter of this book will give you the tools to meaningfully engage with a subject that has long been considered alienating but is unavoidable in its relevance.
Author: Alonzo Potter
Publisher:
ISBN:
Category : Capitalism
Languages : en
Pages : 332
Get Book Here
Book Description
Author: John Ramsay McCulloch
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 130
Get Book Here
Book Description
Author: Jack Amariglio
Publisher: Routledge
ISBN: 1134002912
Category : Art
Languages : en
Pages : 337
Get Book Here
Book Description
Bringing together economists, literary and art critics, philosophers, sociologists, and others, this book fosters the emergence of a rich set of concerns about the intersections of art, aesthetics, and economics.
Author: Adair Turner
Publisher: MIT Press
ISBN: 0262300990
Category : Business & Economics
Languages : en
Pages : 123
Get Book Here
Book Description
A noted economist challenges the fundamental economic assumptions that cast economic growth as the objective and markets as the universally applicable means of achieving it. The global economic crisis of 2008–2009 seemed a crisis not just of economic performance but also of the system's underlying political ideology and economic theory. But a second Great Depression was averted, and the radical shift to New Deal-like economic policies predicted by some never took place. Perhaps the correct response to the crisis is simply careful management of the macroeconomic challenges as we recover, combined with reform of financial regulation to prevent a recurrence. In Economics After the Crisis, Adair Turner offers a strong counterargument to this somewhat complacent view. The crisis of 2008–2009, he writes, should prompt a wide set of challenges to economic and political assumptions and to economic theory. Turner argues that more rapid growth should not be the overriding objective for rich developed countries, that inequality should concern us, that the pre-crisis confidence in financial markets as the means of pursuing objectives was profoundly misplaced.
Author: Terence Wilmot Hutchison
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 199
Get Book Here
Book Description
