Marginal Revolution In Economics
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Marginal Revolution In Economics
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Author : Toru Maruyama
language : en
Publisher: Springer Nature
Release Date : 2024-01-02
Marginal Revolution In Economics written by Toru Maruyama and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-01-02 with Mathematics categories.
This volume is devoted to a reappraisal of the Marginal Revolution on the occasion of its 150th anniversary. The year 1871 should be remembered as one of the most important turning points in the history of economics. W. S. Jevons, C. Menger, and L. Walras published epochal works at the very beginning of the 1870s. Although these works were written independently, they shared a common mathematical structure based on classical analysis. For this reason, the emergence of the trio is called the Marginal Revolution. Indeed, 1871 is the starting point of modern economics in the proper sense. In 1971, several academic conferences were held on the occasion of the 100th anniversary of the Revolution, which exerted the stimulating influence upon the historical researches into the Revolution. Now more than fifty years have passed since then. Economic theory has experienced further substantial changes in researchers’ central interest, the way of reasonings and the styles of description during this period. In view of the new achievements acquired in recent fifty years, it seems an indispensable task for us to review and reevaluate the Marginal Revolution based upon the present status of economics. We also keep in mind that some concepts and doctrines once discarded could reappear in a later stage of history in a more or less transfigured form. The introductory chapter will be a guide for readers not only from the economics community but also from the mathematics community.
The Marginal Revolution In Economics
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Author : R. D. Collison Black
language : en
Publisher:
Release Date : 1973
The Marginal Revolution In Economics written by R. D. Collison Black and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Business & Economics categories.
"Papers presented at a conference held at the Villa Serbelloni, Bellagio, Italy, August 22-28, 1971."
The Logic Of Economic Discovery
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Author : Robert M. Fisher
language : en
Publisher:
Release Date : 1986
The Logic Of Economic Discovery written by Robert M. Fisher and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Business & Economics categories.
A Brief History Of Economic Thought
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Author : Alessandro Roncaglia
language : en
Publisher: Cambridge University Press
Release Date : 2017-09-14
A Brief History Of Economic Thought written by Alessandro Roncaglia 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 2017-09-14 with Business & Economics categories.
A clear and concise history of economic thought, developed from the author's award-winning book, The Wealth of Ideas.
Marginalism
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Author : BERT. MOSSELMANS
language : en
Publisher:
Release Date : 2018
Marginalism written by BERT. MOSSELMANS and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with Austrian school of economics categories.
Marx Marginalism And Modern Sociology
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Author : Simon Clarke
language : en
Publisher: MacMillan Publishing Company
Release Date : 1982
Marx Marginalism And Modern Sociology written by Simon Clarke and has been published by MacMillan Publishing Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Political Science categories.
The Wealth Of Ideas
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Author : Alessandro Roncaglia
language : en
Publisher: Cambridge University Press
Release Date : 2005-04-28
The Wealth Of Ideas written by Alessandro Roncaglia 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 2005-04-28 with Business & Economics categories.
This 2005 book traces the history of economic thought from its prehistory to the present day.
Measuring Utility
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Author : Ivan Moscati
language : en
Publisher: Oxford Studies in History of E
Release Date : 2018-11-22
Measuring Utility written by Ivan Moscati and has been published by Oxford Studies in History of E this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-11-22 with Business & Economics categories.
Utility is a key concept in the economics of individual decision-making. However, utility is not measurable in a straightforward way. As a result, from the very beginning there has been debates about the meaning of utility as well as how to measure it. This book is an innovative investigation of how these arguments changed over time. Measuring Utility reconstructs economists' ideas and discussions about utility measurement from 1870 to 1985, as well as their attempts to measure utility empirically. The book brings into focus the interplay between the evolution of utility analysis, economists' ideas about utility measurement, and their conception of what measurement in general means. It also explores the relationships between the history of utility measurement in economics, the history of the measurement of sensations in psychology, and the history of measurement theory in general. Finally, the book discusses some methodological problems related to utility measurement, such as the epistemological status of the utility concept and its measures. The first part covers the period 1870-1910, and discusses the issue of utility measurement in the theories of Jevons, Menger, Walras and other early utility theorists. Part II deals with the emergence of the notions of ordinal and cardinal utility during the period 1900-1945, and discusses two early attempts to give an empirical content to the notion of utility. Part III focuses on the 1945-1955 debate on utility measurement that was originated by von Neumann and Morgenstern's expected utility theory (EUT). Part IV reconstructs the experimental attempts to measure the utility of money between 1950 and 1985 within the framework provided by EUT. This historical and epistemological overview provides keen insights into current debates about rational choice theory and behavioral economics in the theory of individual decision-making and the philosophy of economics.
The Marginal Revolutionaries
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Author : Janek Wasserman
language : en
Publisher: Yale University Press
Release Date : 2019-09-24
The Marginal Revolutionaries written by Janek Wasserman and has been published by Yale University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-24 with Business & Economics categories.
A group history of the Austrian School of Economics, from the coffeehouses of imperial Vienna to the modern-day Tea Party The Austrian School of Economics--a movement that has had a vast impact on economics, politics, and society, especially among the American right--is poorly understood by supporters and detractors alike. Defining themselves in opposition to the mainstream, economists such as Ludwig von Mises, Friedrich Hayek, and Joseph Schumpeter built the School's international reputation with their work on business cycles and monetary theory. Their focus on individualism--and deep antipathy toward socialism--ultimately won them a devoted audience among the upper echelons of business and government. In this collective biography, Janek Wasserman brings these figures to life, showing that in order to make sense of the Austrians and their continued influence, one must understand the backdrop against which their philosophy was formed--notably, the collapse of the Austro-Hungarian Empire and a half-century of war and exile.
A Capitalism For The People
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Author : Luigi Zingales
language : en
Publisher: Basic Books
Release Date : 2014-02-11
A Capitalism For The People written by Luigi Zingales and has been published by Basic Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-02-11 with Business & Economics categories.
Born in Italy, University of Chicago economist Luigi Zingales witnessed firsthand the consequences of high inflation and unemployment -- paired with rampant nepotism and cronyism -- on a country's economy. This experience profoundly shaped his professional interests, and in 1988 he arrived in the United States, armed with a political passion and the belief that economists should not merely interpret the world, but should change it for the better. In A Capitalism for the People, Zingales makes a forceful, philosophical, and at times personal argument that the roots of American capitalism are dying, and that the result is a drift toward the more corrupt systems found throughout Europe and much of the rest of the world. American capitalism, according to Zingales, grew in a unique incubator that provided it with a distinct flavor of competitiveness, a meritocratic nature that fostered trust in markets and a faith in mobility. Lately, however, that trust has been eroded by a betrayal of our pro-business elites, whose lobbying has come to dictate the market rather than be subject to it, and this betrayal has taken place with the complicity of our intellectual class. Because of this trend, much of the country is questioning -- often with great anger -- whether the system that has for so long buoyed their hopes has now betrayed them once and for all. What we are left with is either anti-market pitchfork populism or pro-business technocratic insularity. Neither of these options presents a way to preserve what the author calls "the lighthouse" of American capitalism. Zingales argues that the way forward is pro-market populism, a fostering of truly free and open competition for the good of the people -- not for the good of big business. Drawing on the historical record of American populism at the turn of the twentieth century, Zingales illustrates how our current circumstances aren't all that different. People in the middle and at the bottom are getting squeezed, while people at the top are only growing richer. The solutions now, as then, are reforms to economic policy that level the playing field. Reforms that may be anti-business (specifically anti-big business), but are squarely pro-market. The question is whether we can once again muster the courage to confront the powers that be.