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The Economics Of A Difference Of Opinion

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Democratizing The Economics Debate

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Author : Carlo D'Ippoliti
language : en
Publisher: Routledge
Release Date : 2020-03-09

Democratizing The Economics Debate written by Carlo D'Ippoliti and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-09 with Business & Economics categories.

More than a decade since the global financial crisis, economics does not exhibit signs of significant change. Mainstream economists act on an idealized image of science, which includes the convergence of all perspectives into a single supposed scientific truth. Democratizing the Economics Debate shows that this idealized image both provides an inadequate description of what science should be and misrepresents the recent past and current state of economics. Economics has always been characterized by a plurality of competing perspectives and research paradigms, however, there is evidence of a worrying global involution in the last 40 years. Even as the production of economics publications has exploded, the economics debate is becoming less plural and increasingly hierarchical. Among several causes, the tendency to conformism has been exacerbated in recent years with the use of formal schemes of research quality evaluation. This book documents how such schemes now cover more than half of all economists worldwide and reviews the impact of biased methods of research evaluation on the stunting of levels of pluralism in economics. The book will be of interest to anyone who worries for the state of the democratic debate. As experts who intervene in the public debate, economists must assure society that they are working in the best possible way, which includes fostering a wide and fair scientific debate. It is this test of social legitimacy that economics currently fails.

Public Opinion

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Author : Walter Lippmann
language : en
Publisher: DigiCat
Release Date : 2022-05-28

Public Opinion written by Walter Lippmann and has been published by DigiCat this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-05-28 with Psychology categories.

This book is a critical assessment of functional democratic government, especially of the irrational and often self-serving social perceptions that influence individual behavior and prevent optimal societal cohesion. The detailed descriptions of the cognitive limitations people face in comprehending their sociopolitical and cultural environments, leading them to apply an evolving catalogue of general stereotypes to a complex reality, rendered Public Opinion a seminal text in the fields of media studies, political science, and social psychology.

The Economics Of Continuous Time Finance

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Author : Bernard Dumas
language : en
Publisher: MIT Press
Release Date : 2017-10-27

The Economics Of Continuous Time Finance written by Bernard Dumas and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-27 with Business & Economics categories.

An introduction to economic applications of the theory of continuous-time finance that strikes a balance between mathematical rigor and economic interpretation of financial market regularities. This book introduces the economic applications of the theory of continuous-time finance, with the goal of enabling the construction of realistic models, particularly those involving incomplete markets. Indeed, most recent applications of continuous-time finance aim to capture the imperfections and dysfunctions of financial markets—characteristics that became especially apparent during the market turmoil that started in 2008. The book begins by using discrete time to illustrate the basic mechanisms and introduce such notions as completeness, redundant pricing, and no arbitrage. It develops the continuous-time analog of those mechanisms and introduces the powerful tools of stochastic calculus. Going beyond other textbooks, the book then focuses on the study of markets in which some form of incompleteness, volatility, heterogeneity, friction, or behavioral subtlety arises. After presenting solutions methods for control problems and related partial differential equations, the text examines portfolio optimization and equilibrium in incomplete markets, interest rate and fixed-income modeling, and stochastic volatility. Finally, it presents models where investors form different beliefs or suffer frictions, form habits, or have recursive utilities, studying the effects not only on optimal portfolio choices but also on equilibrium, or the price of primitive securities. The book strikes a balance between mathematical rigor and the need for economic interpretation of financial market regularities, although with an emphasis on the latter.

American Journal Of Islamic Social Sciences 2 1

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Author : Ralph Braibanti
language : en
Publisher: International Institute of Islamic Thought (IIIT)
Release Date :

American Journal Of Islamic Social Sciences 2 1 written by Ralph Braibanti and has been published by International Institute of Islamic Thought (IIIT) this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.

The American Journal of Islamic Social Sciences (AJISS), established in 1984, is a quarterly, double blind peer-reviewed and interdisciplinary journal, published by the International Institute of Islamic Thought (IIIT), and distributed worldwide. The journal showcases a wide variety of scholarly research on all facets of Islam and the Muslim world including subjects such as anthropology, history, philosophy and metaphysics, politics, psychology, religious law, and traditional Islam.

Understanding The World Economy

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Author : Tony Cleaver
language : en
Publisher: Routledge
Release Date : 2013-05-02

Understanding The World Economy written by Tony Cleaver and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-05-02 with Business & Economics categories.

This fourth edition of Understanding the World Economy will continue to provide the reader with the clearest guide available to the global economic scene. Since the last edition was published in 2006, enormous changes have taken place. The world economy has been in upheaval with the biggest financial crash and ensuing recession since the 1930s; with a global re-ordering of economic power relations; with widespread demonstrations by those left behind; with divergent views about where Europe is heading; with a growing scarcity of essential resources; with increasing international terrorism and with increasing concerns of environmental degradation and climate change. To embrace such urgent issues, this text is an almost entirely rewritten version of earlier editions. Tony Cleaver takes a long look at the evolution of market systems and how they have liberated peoples on one side of the globe and yet driven others into debt, depression and despair. He analyses causes and consequences, and discusses (and sometimes dismisses) economic theories. Topics covered include: Why crashes occur What causes some countries to grow and others to stagnate Whether the Euro can survive The economic underpinnings of terrorism The dangers of climate change This book takes the student through the major characteristics of the global economy in jargon-free non-technical language. Chapter summary diagrams and a wealth of boxes and tables make this an essential introduction for undergraduates and A-level students, as well as the casual reader.

Can Heterodox Economics Make A Difference

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Author : Phil Armstrong
language : en
Publisher: Edward Elgar Publishing
Release Date : 2020-11-27

Can Heterodox Economics Make A Difference written by Phil Armstrong and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-27 with Business & Economics categories.

In a series of in-depth interviews with leading economists and policy-makers from different schools including Austrian, Monetarist, New-Keynesian, Post-Keynesian, Modern Monetary Theory, Marxist and Institutionalist, this intriguing book sheds light upon the behaviour of economists and the sociology of the economics profession by enabling economists to express their views on a wide range of issues.