Economic Logic Fourth Edition
Economic Logic Fourth Edition

Author: Mark Skousen

Publisher: Simon and Schuster

Published: 2013-10-22

Total Pages: 617

ISBN-13: 1621572269

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“Eureka! Skousen has done the impossible. Students love it! I will never use another textbook again.”—Harry Veryser, University of Detroit-Mercy They said it couldn’t be done. Austrian economics is so different, they said, that it couldn’t be integrated into standard “neo-classical” textbooks. Consequently, college students learn nothing about the great Austrian economists (Mises, Hayek, Schumpeter). Professor Mark Skousen’s Economic Logic aims to change that. Based on his popular course taught at Columbia University, Skousen starts his “micro” section with Carl Menger’s “theory of the good” and the profit-and-loss income statement to explain the dynamics of the market process, entrepreneurship, and the advantages of saving. Then he uses a powerful Hayekian four-stage model of the economy to introduce “macro,” including a new Austrian measure of spending at all stages of production (Gross Domestic Expenditures). Economic Logic also offers chapters on: The international gold standard, the defects of central banking, and the Mises/Hayek theory of the business cycle. A full critique of the Keynesian Aggregate Supply and Demand (AS-AD) model, and a revolutionary Austrian alternative. Entrepreneurship, the financial markets, environmental economics, monetary policy and inflation, federal spending and taxes, and government regulation. Leaders of all schools, including Austrian, Keynesians, Marxist, Chicago, and Public Choice.

Economic Logic
Economic Logic

Author: Mark Skousen

Publisher: Regnery Publishing

Published: 2001-04

Total Pages: 0

ISBN-13: 9780895262165

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Author Skousen takes a refreshing, intellectually independent approach to economics, beginning with sound economics from all free-market schools of thought and using it to analyze all competing theories.

Cognitive Economics
Cognitive Economics

Author: Paul Bourgine

Publisher: Springer Science & Business Media

Published: 2013-03-20

Total Pages: 479

ISBN-13: 3540247084

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The social sciences study knowing subjects and their interactions. A "cog nitive turn", based on cognitive science, has the potential to enrich these sciences considerably. Cognitive economics belongs within this movement of the social sciences. It aims to take into account the cognitive processes of individuals in economic theory, both on the level of the agent and on the level of their dynamic interactions and the resulting collective phenomena. This is an ambitious research programme that aims to link two levels of com plexity: the level of cognitive phenomena as studied and tested by cognitive science, and the level of collective phenomena produced by the economic in teractions between agents. Such an objective requires cooperation, not only between economists and cognitive scientists but also with mathematicians, physicists and computer scientists, in order to renew, study and simulate models of dynamical systems involving economic agents and their cognitive mechanisms. The hard core of classical economics is the General Equilibrium Theory, based on the optimising rationality of the agent and on static concepts of equilibrium, following a point of view systemised in the framework of Game Theory. The agent is considered "rational" if everything takes place as if he was maximising a function representing his preferences, his utility function.

The Structure of Production
The Structure of Production

Author: Mark Skousen

Publisher: NYU Press

Published: 2017-12-12

Total Pages: 462

ISBN-13: 1479869953

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In 2014, the U. S. government adopted a new quarterly statistic called gross output (GO), the most significance advance in national income accounting since gross domestic product (GDP) was developed in the 1940s. The announcement came as a triumph for Mark Skousen, who advocated GO nearly 25 years ago as an essential macroeconomic tool and a better way to measure the economy and the business cycle. Now it has become an official statistic issued quarterly by the Bureau of Economic Analysis at the U. S. Department of Commerce. In this new revised edition of Structure of Production, Skousen shows why GO is a more accurate and comprehensive measure of the economy because it includes business-to-business transactions that move the supply chain along to final use. (GDP measures the value of finished goods and services only, and omits B-to-B activity.) GO is an attempt to measure spending at all stages of production. Using GO, Skousen demonstrates that the supply-side of the business spending is far more important than consumer spending, is more consistent with economic growth theory, and a better measure of the business cycle.

Logic and Structure
Logic and Structure

Author: Dirk van Dalen

Publisher: Springer Science & Business Media

Published: 2013-11-11

Total Pages: 218

ISBN-13: 3662023822

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New corrected printing of a well-established text on logic at the introductory level.

Logic of Choice and Economic Theory
Logic of Choice and Economic Theory

Author: S. N. Afriat

Publisher: OUP Oxford

Published: 1987-11-12

Total Pages: 606

ISBN-13: 9780198284611

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This is a definitive statement of Professor Afriat's achievements in the field of choice and value in economics, an area in which he has contributed more than most. As the topics covered, which include optimal programming, social and individual choice, production, and the market, are both central and fundamental, the book forms a source on basic and current topics in economic theory and mathematical economics for any advanced student of the subject. The work is in six parts: the first four discuss generalities about choice and representative economic topics; the final two are more concerned with straight forwardly mathematical subjects that have an application in economics. A characteristic of the book is its conceptual clarifications for choice, value, and price theory generally, and, for special topics, the novelties and simplifications that are uncovered in already well-trodden ground. -

The Making of Modern Economics
The Making of Modern Economics

Author: Mark Skousen

Publisher: Routledge

Published: 2015-01-28

Total Pages: 770

ISBN-13: 131745586X

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Here is a bold history of economics - the dramatic story of how the great economic thinkers built today's rigorous social science. Noted financial writer and economist Mark Skousen has revised and updated this popular work to provide more material on Adam Smith and Karl Marx, and expanded coverage of Joseph Stiglitz, 'imperfect' markets, and behavioral economics.This comprehensive, yet accessible introduction to the major economic philosophers of the past 225 years begins with Adam Smith and continues through the present day. The text examines the contributions made by each individual to our understanding of the role of the economist, the science of economics, and economic theory. To make the work more engaging, boxes in each chapter highlight little-known - and often amusing - facts about the economists' personal lives that affected their work.

Deductive Logic
Deductive Logic

Author: Warren Goldfarb

Publisher: Hackett Publishing

Published: 2003-09-15

Total Pages: 309

ISBN-13: 1603845852

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This text provides a straightforward, lively but rigorous, introduction to truth-functional and predicate logic, complete with lucid examples and incisive exercises, for which Warren Goldfarb is renowned.