A Concise History Of Economists Assumptions About Markets
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A Concise History Of Economists Assumptions About Markets
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Author : Robert Edward Mitchell
language : en
Publisher: Bloomsbury Publishing USA
Release Date : 2014-08-28
A Concise History Of Economists Assumptions About Markets written by Robert Edward Mitchell and has been published by Bloomsbury Publishing USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-28 with Business & Economics categories.
This open-minded, multidisciplinary approach challenges existing world views on the endogenous and exogenous forces that drive markets and economies. Nine narrative chapters and a conclusion provide an accessible history of key premises and assumptions in the mental models proposed by several major economists since the 1776 publication of Adam Smith's The Wealth of Nations and show how—and why—those models and their underlying assumptions have changed over time. The book addresses the legacies of major economists, describes their historical and analytical influence, documents the interaction among various schools of thought as well as how they differ, and the implications that this history has for economics and the policy sciences in the decades ahead. The author focuses on the mental maps economists have created in an attempt to understand the forces that destroyed "order," explaining how these maps incorporate a non-mathematical presentation of evolving dictionaries, novel analytical perspectives, new evidence, and a reliance on value assumptions. He traces the underlying assumptions, continuities, and differences among major economists including Adam Smith, Thomas Malthus, David Ricardo, Alfred Marshall, John Maynard Keynes, Karl Marx, Thorstein Veblen, and Joseph Schumpeter. Readers will grasp how the classic theories still influence economists' mental models today and come away with a basic economic literacy that puts this important social science in historical context. This is essential reading for all the social and policy sciences.
A Concise History Of Economic Thought
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Author : G. Vaggi
language : en
Publisher: Springer
Release Date : 2016-01-08
A Concise History Of Economic Thought written by G. Vaggi and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-01-08 with Business & Economics categories.
This book presents a brief history of economic thought from the 17th century to the present day. Each chapter examines the key contributions of a major economist or group of economists and includes suggestions for further reading. Economists covered include Keynes, Marshall, Petty and Jevons, and less familiar theorists such as Galiani and Turgot.
The Assumptions Economists Make
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Author : Jonathan Schlefer
language : en
Publisher: Harvard University Press
Release Date : 2012-03-20
The Assumptions Economists Make written by Jonathan Schlefer and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-20 with Business & Economics categories.
Economists make confident assertions in op-ed columns and on cable news—so why are their explanations often at odds with equally confident assertions from other economists? And why are all economic predictions so rarely borne out? Harnessing his frustration with these contradictions, Jonathan Schlefer set out to investigate how economists arrive at their opinions. “A lucid, plain-spoken account of the major economic models, which [Schlefer] introduces in chronological order, creating a kind of intellectual history of macroeconomics. He explains what the models assume, what they actually demonstrate—and where they fall short.” —Binyamin Applebaum, New York Times blog “Fascinating...[Schlefer’s] book is a tough critique of economics, but a deeply informed and sympathetic one.” —Justin Fox, Harvard Business Review blog “This book is an impressive and informative analysis of the economics literature—and it presents some useful insights about how a more eclectic, catholic approach might allow economics to progress more convincingly into the future.” —Michelle Baddeley, Times Higher Education “The Assumptions Economists make [is] a knowledgeable...broadside against neoclassical economics...Schlefer’s gripes concern model-building run amok...His criticisms of these models are original and sophisticated.” —Christopher Caldwell, Literary Review
History Of Economic Theory
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Author : T. Negishi
language : en
Publisher: Elsevier
Release Date : 2014-06-28
History Of Economic Theory written by T. Negishi and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-28 with Business & Economics categories.
This volume aims to interest students of modern economic theory in the history of economics. For this purpose, past economic theories are considered from the point of view of current economic theories and translated, if possible and necessary, into mathematical models. It is emphasized that the currently dominating mainstream theory is not the only possible theory, and that there are many past theories which have important significance to the advancement of economic theory in the present situation, or will have it in the near future.After a brief discussion on the history of economics from the point of view of contemporary economic theory, a bird's-eye view of the historical development of economics is given so that readers can see the significance of topics to be discussed in subsequent chapters in a proper historical perspective. These topics are carefully chosen to show not only what great economists in the past contributed to the development of economics, but also what suggestions for solving our own current problems we can obtain by reworking problems they had to face. The book can be used in advanced undergraduate as well as graduate classes on the history of economics. Mathematical techniques used can easily be understood by advanced undergraduates of economics major, since some models constructed originally by contemporary mathematical economists are carefully reformulated without losing the essence, basic calculus and the rudiments of linear algebra being sufficient for understanding.
A Brief History Of Price
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Author : J. Hartwick
language : en
Publisher: Springer
Release Date : 1993-09-20
A Brief History Of Price written by J. Hartwick and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-09-20 with Business & Economics categories.
This book is an attempt to explain to the layperson what contemporary economics is about. It starts on the assumption that most economics is just refined common sense and clearly explains the key ideas associated with each issue. All the main topics of academic economics are considered: the theory of individual choice, the labour market, the competition between firms, international trade, economic growth, the stock market, unemployment, and money. The general principles are sketched first without maths or diagrams, and then discussed in the context of topical problems such as the collapse of communism in Eastern Europe, the lack of development in the third-world countries, the contrast between market forces and the protection of the environment, showing how economics is not necessarily a dry academic pursuit.
The Language Of Economics
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Author : Robert E. Mitchell
language : en
Publisher: Springer
Release Date : 2016-07-27
The Language Of Economics written by Robert E. Mitchell and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-27 with Business & Economics categories.
This Palgrave Pivot demonstrates that the inherited vocabularies of economics and other social sciences contain socially constructed words and theories that bias our very understanding of history and markets, bridging the empirical and moral dimensions of economics in general and inequality in particular. Wealth, GDP, hierarchies, and inequality are socially constructed words infused with moral overtones that academic philosophers and policy analysts have used to raise questions about "fairness" and "justice." This short intellectual and epistemological history explores and elaborates a limited number of key inequality-related terms, concepts, and mental images invented by centuries of economists and others. The author challenges us to question the assumptions made concerning presumably value-free concepts such as inequality, wealth, hierarchies, and the policy goals a nation can be pursuing.
The Evolution Of Modern Economic Theory
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Author : Carl Cone
language : en
Publisher: Routledge
Release Date : 2017-09-29
The Evolution Of Modern Economic Theory written by Carl Cone and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-29 with Business & Economics categories.
The long paper which gives the title to this collection and which has never before been published as paperback was initially an attempt to promote international academic understanding. The Economics Department at the London School of Economics had arranged a colloquy between two groups of Russian and British economists; and where the author asked to contribute a general survey of the present state of economic theory as taught in Western centers. For reasons, which are explained in the opening section, the author decided to adopt an historical approach; and the notes on which the present paper is based were the result.The remainders of the papers have as their common denominator a continuing interest in the history of economic thought. Beginning with a lengthy critique of Schumpeter's magisterial History of Economic Analysis, they range from an appraisal of Bentham's continuing relevance to a review of Robertson's Lectures on Economic Principles, with some special attention to John Stuart Mill both as a human being and as an economist. They have been written at various times in the last thirty-five years; and minute scrutiny, if such were thought to be worthwhile--which of course it is not--might detect some variations of emphasis, particularly perhaps in the implicit valuations of Marshall and his contribution, in the papers on Wicksteed and Schumpeter's History respectively. But in spite of a certain shift of perspective here, the author thought it worthwhile to attempt substantial redrafting.Apart from the correction of obvious inelegances or actual errors, the excision of some duplicating quotations and, in a few cases, the addition of supplementary material and references, the papers are reproduced as originally written. In each instance the author has given footnote acknowledgements of the place of original publication.
Economic Theory In Retrospect
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Author : Mark Blaug
language : en
Publisher: Cambridge University Press
Release Date : 1997-03-27
Economic Theory In Retrospect written by Mark Blaug and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-03-27 with Business & Economics categories.
This is a history of economic thought from Adam Smith to John Maynard Keynes - but it is a history with a difference. Firstly, it is a history of economic theory, not of economic doctrines, that is, it is consistently focused on theoretical analysis, undiluted by entertaining historical digressions or biological colouring. Secondly, it includes detailed Reader's Guides to nine of the major texts of economics, namely the works of Smith, Ricardo, Mill, Marx, Marshall, Wickstead, Wicksell, Walras and Keynes, in the effort to encourage students to become acquainted at first hand with the writings of all the great economists. This fifth edition, first published in 1997, adds new Reader's Guides to Walras's Elements of Pure Economics (1871–74) and Keynes' General Theory to the previous seven Reader's Guides of other great books in economics. There are significant and major additions to six chapters.
A Brief History Of Price
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Author : John M. Hartwick
language : en
Publisher: Houndmills, England : MacMillan Press
Release Date : 1993-01-01
A Brief History Of Price written by John M. Hartwick and has been published by Houndmills, England : MacMillan Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-01-01 with Economics categories.
Explaining to the layperson what contemporary economics is about, this book starts on the assumption that most economics is just refined common sense, and explains the key ideas associated with each issue. It also contains an annotated list of books and articles, broken down by chapters.
Fighting Market Failure
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Author : Maria Cristina Marcuzzo
language : en
Publisher: Routledge
Release Date : 2012-03-12
Fighting Market Failure written by Maria Cristina Marcuzzo and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-12 with Business & Economics categories.
This collection brings together fifteen essays published between 1994 and 2008 which all look into the contribution of a remarkable group of economists known as the "Cambridge school" or the "Cambridge Keynesians". The people involved are better defined as a "group" rather than a "school", to denote not adhesion to a common body of doctrine but rather the idea of both cohesion and sharing. This collection focuses on Keynes, Kahn, J. Robinson and Sraffa, who all shared in the physical space and lifestyle of the University of Cambridge. The bond between them was intellectual partnership, a recognised common ground, dialogue and acceptance of criticism. Some of the essays in this collection address the content, as well as the method and "style", of the type of economics associated with the Cambridge tradition at the very core of which those economists stand. The first section opens with a chapter presenting the group within the physical and metaphorical place which was Cambridge, and the remaining five chapters centre on the life and work of each economist. The second section has papers looking at them in pairs, as it were, and revolves around the theme of their collaboration in various intellectual achievements. In particular, the opening piece makes the rather bold point that the road to the General Theory was not a solitary path. In other two papers much is said of Sraffa’s intellectual isolation in Cambridge and the difficulty of communication with Joan Robinson. The chapters in the third section take up aspects of their theories and approaches which justify the importance and relevance of the Cambridge tradition in economics. This book should be of interest to students and researchers within the history of economics and economic thought, particularly those focussing on the Cambridge or Keynesian traditions.