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Author: Ragip Ege
Publisher: Routledge
ISBN: 1351624482
Category : Business & Economics
Languages : en
Pages : 382
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Book Description
The Philosophy of Economics primarily considers the economic agent as a moral subject. Economics, however, has long overlooked the agent’s moral – that is to say, reasonable – dimension, to focus instead on the strictly rational. This volume seeks to address this neglected topic through exploring the Individual and the Other. The economic agent refers to "himself" (herself) in terms of his desire and passions, yet also refers to others besides himself. For the rational economic agent, what is the nature of this relationship with the Other? Should it not be understood as undergoing a transformation once we come to consider the economic agent as a reasonable being? Through what process does the Other pass from being an instrument at the disposal of a rational agent to being an end in itself for a moral subject? In other words, how does another become "an Other"? These questions are behind the re-examination of certain fundamental notions which takes place in this book, an examination which involves a re-reading of certain great authors. With contributions from authors around the world, this work is divided into three main parts. The first deals with individuals from the history of economic thought such as Adam Smith, Karl Marx and Hannah Arendt; this is then followed by a thematic section in which the concepts of recognition and subjectivity are questioned in a market context. Finally, the third part offers an analysis of the issue of "the Individual and the Other" in different fields of the recent economic analysis including game theory, decision theory or social choice. The Individual and the Other in Economic Thought aims to help the reader better understand how the relationship between the Individual and the Other has been conceived, conceptualized and framed in economic analysis. It will be of great use to graduate students, scholars and any reader interested in this crucial issue.
Author: Ragip Ege
Publisher: Routledge
ISBN: 1351624482
Category : Business & Economics
Languages : en
Pages : 382
Get Book
Book Description
The Philosophy of Economics primarily considers the economic agent as a moral subject. Economics, however, has long overlooked the agent’s moral – that is to say, reasonable – dimension, to focus instead on the strictly rational. This volume seeks to address this neglected topic through exploring the Individual and the Other. The economic agent refers to "himself" (herself) in terms of his desire and passions, yet also refers to others besides himself. For the rational economic agent, what is the nature of this relationship with the Other? Should it not be understood as undergoing a transformation once we come to consider the economic agent as a reasonable being? Through what process does the Other pass from being an instrument at the disposal of a rational agent to being an end in itself for a moral subject? In other words, how does another become "an Other"? These questions are behind the re-examination of certain fundamental notions which takes place in this book, an examination which involves a re-reading of certain great authors. With contributions from authors around the world, this work is divided into three main parts. The first deals with individuals from the history of economic thought such as Adam Smith, Karl Marx and Hannah Arendt; this is then followed by a thematic section in which the concepts of recognition and subjectivity are questioned in a market context. Finally, the third part offers an analysis of the issue of "the Individual and the Other" in different fields of the recent economic analysis including game theory, decision theory or social choice. The Individual and the Other in Economic Thought aims to help the reader better understand how the relationship between the Individual and the Other has been conceived, conceptualized and framed in economic analysis. It will be of great use to graduate students, scholars and any reader interested in this crucial issue.
Author: Steven Kates
Publisher: Edward Elgar Publishing
ISBN: 1782547819
Category : Business & Economics
Languages : en
Pages : 151
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Book Description
This book explains the importance of the history of economic thought in the curriculum of economists, whereas most discussions of this kind are devoted to explaining why such study is of value simply to the individual economist.
Author: Don Ross
Publisher: MIT Press
ISBN: 9780262182461
Category : Business & Economics
Languages : en
Pages : 466
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Book Description
A hilariously funny cookbook–cum–how–I–did–it memoir by the chef/restaurateur who created New York's dazzling Ápizz restaurant. At the age of thirty–seven, John LaFemina left a lucrative career as a jeweler to become a chef. Instead of going back to school, or getting on–the–job training, he did it the hard way: he bought the restaurant and then taught himself to cook. Today he owns two of New York's great Italian restaurants–Ápizz and Peasant–and is one of the city's most–talked–about chefs, earning rave reviews from fans and critics. In this gorgeous cookbook, he not only shares scores of recipes, but describes his life as a Canarsie boy learning about meatballs and macaroni in his mother's kitchen–and reveals how he drew on a lifetime of Italian cooking, and his own hard work and exquisite taste to create his dream restaurant from scratch. LaFemina takes us step–by–step through the process of finding the perfect location (and figuring out how many meatballs you have to sell to pay the rent), designing a restaurant, procuring all the necessary permits and licenses, and creating the menu. And this is just the first part of running a restaurant. He shares his experiences in dealing with the public and the press, unexpected disasters, and finally, basking in the glory of a popular restaurant. Along with his inspiring story, John LaFemina also shares 100 mouthwatering recipes, including: Lasagna with Braised Wild Boar Mushroom Risotto Veal, Beef, and Pork Meatballs with Ricotta Filling Open Ravioli with Roasted Butternut Squash Creamsicle Panna Cotta Chocolate Banana Bread Pudding
Author: John B Davis
Publisher: Routledge
ISBN: 1134633467
Category : Business & Economics
Languages : en
Pages : 224
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Book Description
The concept of the individual and his/her motivations is a bedrock of philosophy. All strands of thought at heart come down to a particular theory of the individual. Economics, though, is guilty of taking this hugely important concept without questioning how we theorise it. This superb book remedies this oversight. The new approach put forward by Davis is to pay more attention to what moral philosophy may offer us in the study of personal identity, self consciousness and will. This crosses the traditional boundaries of economics and will shed new light on the distinction between positive and normative analysis in economics. With both heterodox and orthodox economics receiving a thorough analysis from Davis, this book is at once inclusive and revealing.
Author: Stavros A. Drakopoulos
Publisher: Routledge
ISBN: 1317531574
Category : Business & Economics
Languages : en
Pages : 193
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Book Description
The idea of comparing rewards with others has a long and persistent presence in the social sciences, and can be found in many psychological, social and managerial theories. In economics, this idea can be traced back through the works of a substantial number of eminent thinkers, from Genovesi and Hume, to Smith, Ricardo, Marx, and Mill, through to Veblen, Pigou, and Keynes. In the last two decades the notion of social comparisons has started to appear more frequently in economic literature, especially in the subfield of happiness research. There are also signs that the notion has resurfaced in some strands of literature such as positional concerns, social identity models and social capital theory. Comparisons in Economic Thought offers a uniquely comprehensive account of how social comparisons have featured in the history of economic thought. This book provides an assessment as to why social comparisons have been dismissed by mainstream economists and considers their current and future usefulness. This volume is suitable for those who are interested and study history of economic thought, economic methodology and History of Consumer Theory, as well as Rational Choice Theory.
Author: Todd G. Buchholz
Publisher: Penguin
ISBN: 9780452288447
Category : Business & Economics
Languages : en
Pages : 372
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Book Description
A reexamination of the major economic theories of the past two hundred years discusses how long-dead, famous economists such as Adam Smith and others would handle today's economic problems.
Author: John B. Davis
Publisher: Cambridge University Press
ISBN: 9780521173537
Category : Business & Economics
Languages : en
Pages : 270
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Book Description
This book examines the different conceptions of the individual that have emerged in recent new approaches in economics, including behavioral economics, experimental economics, social preferences approaches, game theory, neuroeconomics, evolutionary and complexity economics, and the capability approach. These conceptions are classified according to whether they seek to revise the traditional atomist individual conception, put new emphasis on interaction and relations between individuals, account for individuals as evolving and self-organizing, and explain individuals in terms of capabilities. The method of analysis uses two identity criteria for distinguishing and re-identifying individuals to determine whether these different individual conceptions successfully identify individuals. Successful individual conceptions account for sub-personal and supra-personal bounds on single individual explanations. The former concerns the fragmentation of individuals into multiple selves; the latter concerns the dissolution of individuals into the social. The book develops an understanding of bounded individuality, seen as central to the defense of human rights.
Author: Gary S Becker
Publisher: Routledge
ISBN: 1351327674
Category : Business & Economics
Languages : en
Pages : 243
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Book Description
Others might have called this book Micro Theory or Price Theory. Becker's choice of Economic Theory as the title for his book reflects his deep belief that there is only one kind of economic theory, not separate theories for micro problems, macro problems, non-market decisions, and so on. Indeed, as he notes, the most promising development in recent years in the literature on large scale economic problems such as unemployment has been the increasing reliance on utility maximization, a concept generally identified with microeconomics. Microeconomics is the subject matter of this volume, but it is emphatically not confined to microeconomics in the literal sense of micro units like firms or households. Becker's main interest is in market behavior of aggregations of firms and households. Although important inferences are drawn about individual firms and households, the author tries to understand aggregate responses to changes in basic economic parameters like tax rates, tariff schedules, technology, or antitrust provisions. His discussion is related to the market sector in industrialized economies, but the principles developed are applied to other sectors and different kinds of choices. Becker argues that economic analysis is essential to understand much of the behavior traditionally studied by sociologists, anthropologists, and other social scientists. The broad definition of economics in terms of scarce means and competing ends is taken seriously and should be a source of pride to economists since it provides insights into a wide variety of problems. Practically all statements proved mathematically are also provided geometrically or verbally in the body of the text.
Author: Sina Badiei
Publisher: Routledge
ISBN: 1000604071
Category : Business & Economics
Languages : en
Pages : 279
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Book Description
The book responds to the need for greater clarity regarding the relationship between descriptive, evaluative and prescriptive approaches within positive and normative economics. It also analyses the entanglement between evaluative and prescriptive perspectives within several theoretical frameworks in normative economics such as social choice theory, the capability approach, behavioural welfare economics and various theories of justice. It provides a forum for discussion between various schools of economic thought and several theoretical frameworks on the relationship between the study of facts, norms and values, with particular emphasis on classical political economy, the Marxian school of economics, the Frankfurt School, the Austrian school, the Chicago school, rational choice theory, expected utility theory, behavioural economics, experimental economics, development economics, welfare economics, public economics, constitutional political economy, the capability approach and politico-economic theories of justice. Given the scope of questions treated in this book, it will be of interest to economists, historians of economic thought, political philosophers and philosophers of science, especially those interested in the philosophy and epistemology of economics.
Author: Richard H. Thaler
Publisher: W. W. Norton & Company
ISBN: 0393246779
Category : Business & Economics
Languages : en
Pages : 502
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Book Description
Winner of the Nobel Prize in Economics Get ready to change the way you think about economics. Nobel laureate Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans—predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth—and change the way we think about economics, ourselves, and our world. Traditional economics assumes rational actors. Early in his research, Thaler realized these Spock-like automatons were nothing like real people. Whether buying a clock radio, selling basketball tickets, or applying for a mortgage, we all succumb to biases and make decisions that deviate from the standards of rationality assumed by economists. In other words, we misbehave. More importantly, our misbehavior has serious consequences. Dismissed at first by economists as an amusing sideshow, the study of human miscalculations and their effects on markets now drives efforts to make better decisions in our lives, our businesses, and our governments. Coupling recent discoveries in human psychology with a practical understanding of incentives and market behavior, Thaler enlightens readers about how to make smarter decisions in an increasingly mystifying world. He reveals how behavioral economic analysis opens up new ways to look at everything from household finance to assigning faculty offices in a new building, to TV game shows, the NFL draft, and businesses like Uber. Laced with antic stories of Thaler’s spirited battles with the bastions of traditional economic thinking, Misbehaving is a singular look into profound human foibles. When economics meets psychology, the implications for individuals, managers, and policy makers are both profound and entertaining. Shortlisted for the Financial Times & McKinsey Business Book of the Year Award
