From Galileo to Modern Economics

From Galileo to Modern Economics

Author: Gianfranco Tusset

Publisher: Springer

Published: 2018-09-08

Total Pages: 215

ISBN-13: 3319956124

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Empirical laws are rare in economics. This book describes efforts to anchor economic knowledge to invariant empirical laws. It links 17th and 18th century Galilean monetary economists to econophysics, a field that emerged in the mid-1990s. This virtual journey from past to present is charted by episodes on aggregates and empirical primacy. It includes the virtually unknown story of 19th century scholars who, by searching for a stricter mathematical approach, paved the way to an ‘engineering’ view of economics. Then there are celebrities like Pareto and his first empirical law governing the distribution of wealth. Pareto and Amoroso sparked a debate on the skewed distribution that spanned decades, ranging from finance to market transformations, to econophysics, with its concepts and tools inherited from statistical physics. The last stage of the journey goes through econophysics and the recent gradual advances it has made, which show how its position vis-à-vis economics has been changing.


From Galileo to Modern Economics

From Galileo to Modern Economics

Author: Gianfranco Tusset

Publisher: Palgrave Macmillan

Published: 2018-09-24

Total Pages: 0

ISBN-13: 9783319956114

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Empirical laws are rare in economics. This book describes efforts to anchor economic knowledge to invariant empirical laws. It links 17th and 18th century Galilean monetary economists to econophysics, a field that emerged in the mid-1990s. This virtual journey from past to present is charted by episodes on aggregates and empirical primacy. It includes the virtually unknown story of 19th century scholars who, by searching for a stricter mathematical approach, paved the way to an ‘engineering’ view of economics. Then there are celebrities like Pareto and his first empirical law governing the distribution of wealth. Pareto and Amoroso sparked a debate on the skewed distribution that spanned decades, ranging from finance to market transformations, to econophysics, with its concepts and tools inherited from statistical physics. The last stage of the journey goes through econophysics and the recent gradual advances it has made, which show how its position vis-à-vis economics has been changing.


Galileo’s Telescope

Galileo’s Telescope

Author: Massimo Bucciantini

Publisher: Harvard University Press

Published: 2015-03-23

Total Pages: 361

ISBN-13: 0674736915

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Between 1608 and 1610 the canopy of the night sky was ripped open by an object created almost by accident: a cylinder with lenses at both ends. Galileo’s Telescope tells how this ingenious device evolved into a precision instrument that would transcend the limits of human vision and transform humanity’s view of its place in the cosmos.


God and Galileo

God and Galileo

Author: David L. Block

Publisher: Crossway

Published: 2019-05-17

Total Pages: 251

ISBN-13: 1433562928

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"A devastating attack upon the dominance of atheism in science today." Giovanni Fazio, Senior Physicist, Harvard-Smithsonian Center for Astrophysics The debate over the ultimate source of truth in our world often pits science against faith. In fact, some high-profile scientists today would have us abandon God entirely as a source of truth about the universe. In this book, two professional astronomers push back against this notion, arguing that the science of today is not in a position to pronounce on the existence of God—rather, our notion of truth must include both the physical and spiritual domains. Incorporating excerpts from a letter written in 1615 by famed astronomer Galileo Galilei, the authors explore the relationship between science and faith, critiquing atheistic and secular understandings of science while reminding believers that science is an important source of truth about the physical world that God created.


Galileo Galilei’s “Two New Sciences”

Galileo Galilei’s “Two New Sciences”

Author: Alessandro De Angelis

Publisher: Springer Nature

Published: 2022-01-04

Total Pages: 193

ISBN-13: 3030719529

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This book aims to make Galileo Galilei (1564-1642) accessible to the modern reader by refashioning the great scientist's masterpiece "Discourses and Mathematical Demonstrations Relating to Two New Sciences" in today's language. Galileo Galilei stands as one of the most important figures in history, not simply for his achievements in astronomy, physics, and engineering and for revolutionizing science and the scientific method in general, but also for the role that he played in the (still ongoing) drama concerning entrenched power and its desire to stifle any knowledge that may threaten it. Therefore, it is important that today's readers come to understand and appreciate what Galilei accomplished and wrote. But the mindset that shapes how we see the world today is quite different from the mindset -- and language -- of Galilei and his contemporaries. Another obstacle to a full understanding of Galilei's writings is posed by the countless historical, philosophical, geometrical, and linguistic references he made, along with his often florid prose, with its blend of Italian and Latin. De Angelis' new rendition of the work includes translations of the original geometrical figures into algebraic formulae in modern notation and allows the non-specialist reader to follow the thread of Galileo's thought and in a way that was barely possible until now.


Galileo's Muse

Galileo's Muse

Author: Mark A. Peterson

Publisher: Harvard University Press

Published: 2011-10-17

Total Pages: 347

ISBN-13: 0674059727

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Mark Peterson makes an extraordinary claim in this fascinating book focused around the life and thought of Galileo: it was the mathematics of Renaissance arts, not Renaissance sciences, that became modern science. Galileo's Muse argues that painters, poets, musicians, and architects brought about a scientific revolution that eluded the philosopher-scientists of the day, steeped as they were in a medieval cosmos and its underlying philosophy. According to Peterson, the recovery of classical science owes much to the Renaissance artists who first turned to Greek sources for inspiration and instruction. Chapters devoted to their insights into mathematics, ranging from perspective in painting to tuning in music, are interspersed with chapters about Galileo's own life and work. Himself an artist turned scientist and an avid student of Hellenistic culture, Galileo pulled together the many threads of his artistic and classical education in designing unprecedented experiments to unlock the secrets of nature. In the last chapter, Peterson draws our attention to the Oratio de Mathematicae laudibus of 1627, delivered by one of Galileo's students. This document, Peterson argues, was penned in part by Galileo himself, as an expression of his understanding of the universality of mathematics in art and nature. It is "entirely Galilean in so many details that even if it is derivative, it must represent his thought," Peterson writes. An intellectual adventure, Galileo’s Muse offers surprising ideas that will capture the imagination of anyone—scientist, mathematician, history buff, lover of literature, or artist—who cares about the humanistic roots of modern science.


Perspectives on Modern Economy

Perspectives on Modern Economy

Author: Aizhan Khoich

Publisher: IJOPEC PUBLICATION

Published: 2020-09-10

Total Pages: 575

ISBN-13: 1913809021

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This book aims to provide researchers from basic disciplines of the economics fields such as consumer behavior and public economy with a variety of distinctive perspectives in today’s world where the behavior and preferences of economic actors have changed completely, and the economic policies of countries have been redrafted.


Galileo's Instruments of Credit

Galileo's Instruments of Credit

Author: Mario Biagioli

Publisher: University of Chicago Press

Published: 2007-07-15

Total Pages: 315

ISBN-13: 0226045625

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Annotation. In six years, Galileo Galilei went from being a mathematics professor to a star in the court of Florence to a target of the Inquisition. And during that time, Galileo made a series of astronomical discoveries that reshaped the ideas of the physical nature of the heavens and transformed him from a university mathematician into a court philosopher. Galileo's Instruments of Creditproposes radical new interpretations of key episodes of Galileo's career, including his telescopic discoveries of 1610, the dispute over sunspots, and the conflict with the Holy Office over the relationship between Copernicanism and Scripture. Galileo's tactics shifted as rapidly as his circumstances, argues Mario Biagioli, and these changes forced him to respond swiftly to the opportunities and risks posed by unforeseen inventions, other discoveries, and his opponents. Focusing on the aspects of Galileo's scientific life that extended beyond court culture and patronage, Biagioli offers a revisionist account of the different systems of exchanges, communication, and credibility at work in Galileo's career. Galileo's Instruments of Creditwill fascinate readers interested in the history of astronomy and the history of science in general.


The Provoked Economy

The Provoked Economy

Author: Fabian Muniesa

Publisher: Routledge

Published: 2014-05-16

Total Pages: 137

ISBN-13: 1135090025

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Do things such as performance indicators, valuation formulas, consumer tests, stock prices or financial contracts represent an external reality? Or do they rather constitute, in a performative fashion, what they refer to? The Provoked Economy tackles this question from a pragmatist angle, considering economic reality as a ceaselessly provoked reality. It takes the reader through a series of diverse empirical sites – from public administrations to stock exchanges, from investment banks to marketing facilities and business schools – in order to explore what can be seen from such a demanding standpoint. It demonstrates that descriptions of economic objects do actually produce economic objects and that the simulacrum of an economic act is indeed a form of realization. It also shows that provoking economic reality means facing practical tests in which what ought to be economic or not is subject to elaboration and controversy. This book opens paths for empirical investigation in the social sciences, but also for the philosophical renewal of the critique of economic reality. It will be useful for students and scholars in social theory, sociology, anthropology, philosophy and economics.