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Author: Edward J. Nell
Publisher: Edward Elgar Publishing
Published: 2013-09-30
Total Pages: 576
ISBN-13: 1849809623
DOWNLOAD EBOOK•If you are interested in understanding the underlying philosophical reasons why structural econometrics seems dead, read this book. Not only do the authors provide a comprehensive, stimulating, and provocative account of the debate and literature, the
Author: Richard B. McKenzie
Publisher: Springer Science & Business Media
Published: 2009-10-21
Total Pages: 319
ISBN-13: 3642015867
DOWNLOAD EBOOKMainstream economists everywhere exhibit an "irrational passion for dispassionate rationality." Behavioral economists, and long-time critic of mainstream economics suggests that people in mainstrean economic models "can think like Albert Einstein, store as much memory as IBM’s Big Blue, and exercise the will power of Mahatma Gandhi," suggesting that such a view of real world modern homo sapiens is simply wrongheaded. Indeed, Thaler and other behavioral economists and psychology have documented a variety of ways in which real-world people fall far short of mainstream economists' idealized economic actor, perfectly rational homo economicus. Behavioral economist Daniel Ariely has concluded that real-world people not only exhibit an array of decision-making frailties and biases, they are "predictably irrational," a position now shared by so many behavioral economists, psychologists, sociologists, and evolutionary biologists that a defense of the core rationality premise of modedrn economics is demanded.
Author: Jonathan Gorman
Publisher: University of Ottawa Press
Published: 1992
Total Pages: 137
ISBN-13: 0776603558
DOWNLOAD EBOOKHas any question about the historical past ever been finally answered? Of course there is much disagreement among professional historians about what happened in the past and how to explain it. But this incisive study goes one step further and brings into question the very ability of historians to gather and communicate genuine knowledge about the past. Understanding History applies this general question from the philosophy of history to economic history of American slaveholders. Do we understand the American slaveholders? Has the last word on the subject been said? Both the alleged "profitability" of slavery and the purported causes of the American Civil War are philosophically analyzed. Traditional narrative history and econometric history are examined and compared, and their different philosophical assumptions made explicit. The problem of justifying historical methodologies is first set in the wider context of the philosophical problem of knowledge, then lucidly explained and resolved along pragmatic lines. The novelty of Gorman's approach lies in its comparison of narrative with econometric history, its analysis of empathetic understanding in terms of cost-benefit analysis, and its elucidation of the metaphysical presuppositions of empiricism. It stands out especially for the clarity, rigor, and simplicity of its arguments.
Author: Martin Hollis
Publisher:
Published: 1975
Total Pages: 279
ISBN-13:
DOWNLOAD EBOOKAuthor: Colin P. Elliott
Publisher: Cambridge University Press
Published: 2020-02-20
Total Pages: 225
ISBN-13: 1108418600
DOWNLOAD EBOOKReconceptualizes economic theory as a tool for understanding the Roman monetary system and its social and cultural contexts.
Author: Graeme Donald Snooks
Publisher: Springer
Published: 1999-08-31
Total Pages: 400
ISBN-13: 033398479X
DOWNLOAD EBOOKGlobal Transition is an innovative study that analyses the problems and prospects of the Third World by building on the theoretical contribution - the dynamic-strategy model - made in the author's acclaimed Longrun Dynamics . It formulates a general economic and political theory he calls the global strategic transition (GST) model. The central feature of this model is the global strategic demand-response mechanism involving an interaction between the world's expanding strategic core and its fringe, which is facilitated through strategic inflation. This model also provides the basis for a new policy approach to economic development.
Author: Samuel Meng
Publisher: Springer
Published: 2019-05-03
Total Pages: 630
ISBN-13: 3030122476
DOWNLOAD EBOOKBased on economic knowledge and logical reasoning, this book proposes a solution to economic recessions and offers a route for societal change to end capitalism. The author starts with a brief review of the history of economics, and then questions and rejects the trend of recent decades that has seen econometrics replace economic theory. By reviewing the different schools of economic thought and by examining the limitations of existing theories to business cycles and economic growth, the author forms a new theory to explain cyclic economic growth. According to this theory, economic recessions result from innovation scarcity, which in turn results from the flawed design of the patent system. The author suggests a new design for the patent system and envisions that the new design would bring about large economic and societal changes. Under this new patent system, the synergy of the patent and capital markets would ensure that economic recessions could be avoided and that the economy would grow at the highest speed.
Author: Ingrid H. Rima
Publisher: Routledge
Published: 2002-09-11
Total Pages: 570
ISBN-13: 1134879237
DOWNLOAD EBOOKMost economists assume that the mathematical and quantative sides of their science are relatively recent developments. Measurement, Quantification and Economic Analysis shows that this is a misconception. Its authors argue that economists have long relied on measurement and quantification as essential tools. However, problems have arisen in adapting these tools from other fields. Ultimately, the authors are sceptical about the role which measurement and quantification tools now play in contemporary economic theory.
Author: Philip Mirowski
Publisher: Cambridge University Press
Published: 1994-07-29
Total Pages: 640
ISBN-13: 9780521478847
DOWNLOAD EBOOKThis 1994 book was the first collection devoted to impact of natural sciences on content and form of economics in history.
Author: Geoffrey Colin Harcourt
Publisher: Oxford University Press, USA
Published: 2013-07
Total Pages: 637
ISBN-13: 0195390768
DOWNLOAD EBOOKThese two volumes cover the principal areas to which Post-Keynesian economists have made distinctive contributions. The contents include the significant criticism by Post-Keynesians of mainstream economics, but the emphasis is on positive Post-Keynesian analysis of the economic problems of the modern world and of policies with which to tackle them.
