Three Essays on the State of Economic Science

Three Essays on the State of Economic Science PDF Author: Tjalling Charles Koopmans
Publisher: A. M. Kelley
ISBN:
Category : Business & Economics
Languages : en
Pages : 256

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Book Description

Three Essays on the State of Economic Science

Three Essays on the State of Economic Science PDF Author: Tjalling Charles Koopmans
Publisher: A. M. Kelley
ISBN:
Category : Business & Economics
Languages : en
Pages : 256

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Book Description


The Limits of Economic Science

The Limits of Economic Science PDF Author: R.B. McKenzie
Publisher: Springer Science & Business Media
ISBN: 9780898381160
Category : Business & Economics
Languages : en
Pages : 146

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Book Description
The essays in this volume were a challenge to me to write. I am an economist to the core, inclined to evaluate most observed behavior and public policies with conventional neoclassical theory. The essays represent my attempt to come to grips with the meaning and importance of what I try to do as a professional economist. They reflect my attempt to acquire a new and improved understanding of the usefulness and limitations of the writings of professional economists, especially my own. In this regard, although I hope others will find the thoughts useful, the volume represents a personal statement of how one economist views his and others' work. For that reason the discussion is often openly normative, tinged with the conviction that social discourse is more than costs and benefits and that economics cannot be fully evaluated by the methods - economic methods - that are the subject of the evaluation. These essays could not have been written without considerable encouragement and help from colleagues and friends. The following people are recognized for having read one or more chapters and for having contributed critical, substantive comments: Diana Bailey, Wilfred Beckerman, Geoffrey Brennan, William Briet, James Buchanan, Delores Martin, David Maxwell, Mary Ann McKenzie, Warren Samuels, Robert Staaf, Richard Wagner, Karen Vaughn, and Bruce Yandle. I am very much in their debt. However, they should not be held accountable for any of the positions taken and any errors that may remain.

The Theory of Money and Financial Institutions

The Theory of Money and Financial Institutions PDF Author: Martin Shubik
Publisher: MIT Press
ISBN: 9780262693110
Category : Business & Economics
Languages : en
Pages : 472

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Book Description
This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.

The State of Economics, the State of the World

The State of Economics, the State of the World PDF Author: Kaushik Basu
Publisher: MIT Press
ISBN: 0262039990
Category : Business & Economics
Languages : en
Pages : 553

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Book Description
Leading economists address the ongoing challenges to economics in theory and practice in a time of political and economic crises. More than a decade of financial crises, sovereign debt problems, political conflict, and rising xenophobia and protectionism has left the global economy unsettled and the ability of economics as a discipline to account for episodes of volatility uncertain. In this book, leading economists consider the state of their discipline in a world of ongoing economic and political crises. The book begins with three sweeping essays by Nobel laureates Kenneth Arrow (in one of his last published works), Amartya Sen, and Joseph Stiglitz that offer a summary of the theoretical foundations of modern economics—the twin pillars of general equilibrium theory and welfare economics. Contributors then turn to macroeconomic stabilization and growth and, finally, new areas of research that depart from traditional theory, methodology, and concerns: climate change, behavioral economics, and evolutionary game theory. The 2019 Nobel Prize laureates, Abhijit Banerjee, Esther Duflo, and Michael Kremer, contribute a paper on the use of randomized control trials indevelopment economics. Contributors Philippe Aghion, Ingela Alger, Kenneth Arrow, Abhijit Banerjee, Kaushik Basu, Lawrence Blume, Guillermo Calvo, Francesco Caselli, Asli Demirgüç-Kunt, Shantayanan Devarajan, Esther Duflo, Samuel Fankhauser, James Foster, Varun Gauri, Xavier Gine, Gäel Giraud, Gita Gopinath, Robert Hockett, Karla Hoff, Ravi Kanbur, Aart Kraay, Michael Kremer, David McKenzie, Célestin Monga, Maurice Obstfeld, Hamid Rashid, Martin Ravallion, Amartya Sen, Luis Servén, Hyun Song Shin, Nicholas Stern, Joseph Stiglitz, Cass Sunstein, Michael Toman, Jörgen Weibull

The Ultimate Foundation of Economic Science

The Ultimate Foundation of Economic Science PDF Author: Ludwig von Mises
Publisher:
ISBN: 9781494027520
Category :
Languages : en
Pages : 160

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Book Description
This is a new release of the original 1962 edition.

Economics as Moral Science

Economics as Moral Science PDF Author: Bernard Hodgson
Publisher: Springer Science & Business Media
ISBN: 3662044765
Category : Business & Economics
Languages : en
Pages : 410

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Book Description
Economics as Moral Science investigates the problem of the ethical neutrality of "mainstream" economic theory within the context of the methodology of economics as a science. Against the conventional wisdom, the author argues that there are serious moral presuppositions to the theory, but that economics could still count as a scientific or rational form of inquiry. The basic questions addressed - the ethical implications of economics, its status as a scientific mode of theory-construction, and the relation between these factors - are absolutely fundamental ones for an understanding of contemporary economics, the philosophy of the human sciences, and our current market culture. Moreover, the study provides a thorough philosophical analysis of the critical issues at stake from the inside, from the credible perspective of a particular, but foundational economic theory - the neoclassical theory of rational choice.

Economic Point of View

Economic Point of View PDF Author: Israel M. Kirzner
Publisher: Ludwig von Mises Institute
ISBN: 161016282X
Category : Economics
Languages : en
Pages : 252

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Book Description


1984 National Science Foundation Authorization

1984 National Science Foundation Authorization PDF Author: United States. Congress. House. Committee on Science and Technology. Subcommittee on Science, Research, and Technology
Publisher:
ISBN:
Category :
Languages : en
Pages : 748

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Book Description


Empiricism and the Metatheory of the Social Sciences

Empiricism and the Metatheory of the Social Sciences PDF Author: Roy Bhaskar
Publisher: Routledge
ISBN: 1351048430
Category : Philosophy
Languages : en
Pages : 272

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Book Description
A picture has indeed held modern Western philosophy captive, that of the universe as a vast machine whose iron laws are best understood as exceptionless empirical regularities which, as it were, determine the future before it happens. This fantastic conception commands the assent, not just of positivistically-minded naturalists but of all the great anti-naturalists who champion a very different view of human action as a domain of freedom ‘that somehow cheats science’. The most fundamental move in Roy Bhaskar’s system of philosophy, the germ of everything that followed, was to reconceptualise the natural world in transcendental realist terms, ‘turning Kant around using his own method’. On this account, the universe is characterized by deep structures, mechanisms and fields that generate the flux of phenomena, and is in open, creative and emergent process. This completely recasts the terms of the debate between naturalism and anti-naturalism by remedying its false grounds and shows how philosophy can be liberated from its anthropocentric/anthropomorphic prison and rendered consistent with the best insights of modern natural science. There is necessity in nature quite independent of humans, but in an open world causation is multiple and conjunctural, the actual course of the unfolding of being is highly contingent and the bases of human freedom can be understood scientifically. Written as a DPhil thesis when Bhaskar was in his mid-twenties, Empiricism and the Metatheory of the Social Sciences brilliantly launches this reconceptualisation and explores its implications for social science in the course of carrying through the metatheoretical destruction of empiricism. It will be indispensable reading for anyone interested in the development of Bhaskar’s thought, in transcendental realism, and in the critique of empiricism, more generally of the philosophical discourse of Western modernity.

Monthly Labor Review

Monthly Labor Review PDF Author: United States. Bureau of Labor Statistics
Publisher:
ISBN:
Category : Labor
Languages : en
Pages : 762

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Book Description
Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.