Facts Values And Objectivity In Economics

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Facts, Values and Objectivity in Economics

Author : José Castro Caldas
Publisher : Routledge
ISBN 13 : 1136328637
Total Pages : 260 pages
Book Rating : 4.1/5 (363 download)

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Book Synopsis Facts, Values and Objectivity in Economics by : José Castro Caldas

Download or read book Facts, Values and Objectivity in Economics written by José Castro Caldas and published by Routledge. This book was released on 2012-03-22 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is Economics an ‘objective’ or ‘positive’ science, independent of ethical and political positions? The financial crisis that began in 2007 gave rise to renewed doubts regarding the ‘objectivity’ of economics and brought into the public arena a debate that was previously confined to academia. A remarkable feature of the public debate on the value neutrality of economics since then was that it not only involved indictments of ideological biases in economic theory, but also the attribution of the crisis itself to the unethical orientation of economic agents, of economists acting as experts and of ‘economic science’ itself. The contributors to this volume believe that economists of all persuasions are once again compelled to probe the normative foundations of their discipline and give a public account of their doubts and conclusions.

Facts and Values

Author : Giancarlo Marchetti
Publisher : Routledge
ISBN 13 : 1317354672
Total Pages : 440 pages
Book Rating : 4.3/5 (173 download)

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Book Synopsis Facts and Values by : Giancarlo Marchetti

Download or read book Facts and Values written by Giancarlo Marchetti and published by Routledge. This book was released on 2016-11-03 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection offers a synoptic view of current philosophical debates concerning the relationship between facts and values, bringing together a wide spectrum of contributors committed to testing the validity of this dichotomy, exploring alternatives, and assessing their implications. The assumption that facts and values inhabit distinct, unbridgeable conceptual and experiential domains has long dominated scientific and philosophical discourse, but this separation has been seriously called into question from a number of corners. The original essays here collected offer a diversity of responses to fact-value dichotomy, including contributions from Hilary Putnam and Ruth Anna Putnam who are rightly credited with revitalizing philosophical interest in this alleged opposition. Both they, and many of our contributors, are in agreement that the relationship between epistemic developments and evaluative attitudes cannot be framed as a conflict between descriptive and normative understanding. Each chapter demonstrates how and why contrapositions between science and ethics, between facts and values, and between objective and subjective are false dichotomies. Values cannot simply be separated from reason. Facts and Values will therefore prove essential reading for analytic and continental philosophers alike, for theorists of ethics and meta-ethics, and for philosophers of economics and law.

On Abstract and Historical Hypotheses and on Value Judgments in Economic Sciences

Author : Luigi Einaudi
Publisher : Routledge
ISBN 13 : 1315457911
Total Pages : 318 pages
Book Rating : 4.3/5 (154 download)

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Book Synopsis On Abstract and Historical Hypotheses and on Value Judgments in Economic Sciences by : Luigi Einaudi

Download or read book On Abstract and Historical Hypotheses and on Value Judgments in Economic Sciences written by Luigi Einaudi and published by Routledge. This book was released on 2016-11-03 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Luigi Einaudi (1874-1961) was a leading liberal economist, economic historian and political figure. This book provides the English-speaking world with a first critical edition of Einaudi’s – hitherto unpublished – rewriting of one of his most unique and thoughtful essays. The relevance of this essay is crucial from several perspectives: history and methodology of economic thought, role of economics and its relation to other disciplines and to social values, role of economists in the public sphere, while also encompassing the discourse on man and the economist as a "whole man". The critical edition of On Abstract and Historical Hypotheses and on Value Judgments in Economic Sciences includes a comprehensive introduction and afterword. An extensive reappraisal of this newly discovered essay will help to cast light on Einaudi’s uniqueness and originality within and beyond the Italian tradition in public finance, thereby also illuminating his attempt to provide an epistemological account of his long lasting enquiry into the causes of good and bad polities. This book is of great interest to those who study economic theory and philosophy, as well as history of economic thought, public economics and legal and political philosophy.

Information Technology and Socialist Construction

Author : Daniel E. Saros
Publisher : Routledge
ISBN 13 : 1317803191
Total Pages : 293 pages
Book Rating : 4.3/5 (178 download)

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Book Synopsis Information Technology and Socialist Construction by : Daniel E. Saros

Download or read book Information Technology and Socialist Construction written by Daniel E. Saros and published by Routledge. This book was released on 2014-05-09 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: The failure of command central planning in the twentieth century has led to a general disillusionment within the socialist movement worldwide. Some alternatives to capitalism have been proposed since the end of the Cold War, but none has offered an alternative form of economic calculation. This book explains how modern information technology may be used to implement a new method of economic calculation that could bring an end to capitalism and make socialism possible. In this book, the author critically examines a number of socialist proposals that have been put forward since the end of the Cold War. It is shown that although these proposals have many merits, their inability effectively to incorporate the benefits of information technology into their models has limited their ability to solve the problem of socialist construction. The final section of the book proposes an entirely new model of socialist development, based on a "needs profile" that makes it possible to convert the needs of large numbers of people into data that can be used as a guide for resource allocation. This analysis makes it possible to rethink and carefully specify the conditions necessary for the abolition of capital and consequently the requirements for socialist revolution and, ultimately, communist society. Information Technology and Socialist Construction will be of interest to students and scholars of political economy, the history of economic thought, labour economics and industrial economics.

Democratic Frontiers

Author : Michael Filimowicz
Publisher : Routledge
ISBN 13 : 1000575896
Total Pages : 124 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis Democratic Frontiers by : Michael Filimowicz

Download or read book Democratic Frontiers written by Michael Filimowicz and published by Routledge. This book was released on 2022-02-10 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Democratic Frontiers: Algorithms and Society focuses on digital platforms’ effects in societies with respect to key areas such as subjectivity and self-reflection, data and measurement for the common good, public health and accessible datasets, activism in social media and the import/export of AI technologies relative to regime type. Digital technologies develop at a much faster pace relative to our systems of governance which are supposed to embody democratic principles that are comparatively timeless, whether rooted in ancient Greek or Enlightenment ideas of freedom, autonomy and citizenship. Algorithms, computing millions of calculations per second, do not pause to reflect on their operations. Developments in the accumulation of vast private datasets that are used to train automated machine learning algorithms pose new challenges for upholding these values. Social media platforms, while the key driver of today’s information disorder, also afford new opportunities for organized social activism. The US and China, presumably at opposite ends of an ideological spectrum, are the main exporters of AI technology to both free and totalitarian societies. These are some of the important topics covered by this volume that examines the democratic stakes for societies with the rapid expansion of these technologies. Scholars and students from many backgrounds as well as policy makers, journalists and the general reading public will find a multidisciplinary approach to issues of democratic values and governance encompassing research from Sociology, Digital Humanities, New Media, Psychology, Communication, International Relations and Economics.

A Pragmatist Orientation for the Social Sciences in Climate Policy

Author : Martin Kowarsch
Publisher : Springer
ISBN 13 : 3319432818
Total Pages : 326 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis A Pragmatist Orientation for the Social Sciences in Climate Policy by : Martin Kowarsch

Download or read book A Pragmatist Orientation for the Social Sciences in Climate Policy written by Martin Kowarsch and published by Springer. This book was released on 2016-09-01 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: While economic and other social science expertise is indispensable for successful public policy-making regarding global climate change, social scientists face trade-offs between the scientific credibility, policy-relevance, and legitimacy of their policy advice. From a philosophical perspective, this book systematically addresses these trade-offs and other crucial challenges facing the integrated economic assessments of the Intergovernmental Panel on Climate Change (IPCC). Based on John Dewey’s pragmatist philosophy and an analysis of the value-laden nature and reliability of climate change economics, the book develops a refined science-policy model and specific guidelines for these assessments of climate policy options. The core idea is to scientifically explore the various practical implications of alternative climate policy pathways in an interdisciplinary manner, together with diverse stakeholders. This could facilitate an iterative, deliberative public learning process concerning disputed policy issues. This volume makes novel contributions to three strands of the literature: (1) the philosophy of (social) science in policy; (2) the philosophy of economics; and (3) debates about the design of scientific assessments, including the continuous IPCC reform debate. This work is thus interesting for philosophers and other scholars reflecting on the science-policy interface, but also for assessment practitioners, climate policy-makers, and economists. The science-policy approach developed in this volume has already influenced the recent socio-economic IPCC assessment.

Objective Economics

Author : M. Northrup Buechner
Publisher : University Press of America
ISBN 13 : 0761854827
Total Pages : 365 pages
Book Rating : 4.7/5 (618 download)

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Book Synopsis Objective Economics by : M. Northrup Buechner

Download or read book Objective Economics written by M. Northrup Buechner and published by University Press of America. This book was released on 2011-06-13 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every price is set by someone; this is where economics begins. Building on that fundamental idea and on Ayn Rand’s philosophy of Objectivism, Objective Economics transforms economics. The thesis of this book is that Ayn Rand’s concept of “objective” is the indispensible base of valid economic thought. Consistently applying this idea across the board, the author reaches a general theory of price for the first time in the history of economic thought. This theory of price then provides a valid base for explaining how a free economy functions. Based on facts everyone knows, presented without graphs or higher mathematics, Objective Economics makes accessible to the intelligent layman a clear understanding of how the economy works. For everyone who found college economics impenetrable—and that is just about everyone—this is the book. The thesis of Objective Economics changes everything about economics, including economics’ method, the conception of the economy, the meaning of competition, the idea of price, the nature of business costs, the concept of supply, the concept of demand, the law of supply and demand, the theory of price, and the theory of total national output. Overall, as the result of all the preceding, Objective Economics demonstrates that capitalism is the practical economic system.

How Economics Should Be Done

Author : David C. Colander
Publisher : Edward Elgar Publishing
ISBN 13 : 178643590X
Total Pages : pages
Book Rating : 4.7/5 (864 download)

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Book Synopsis How Economics Should Be Done by : David C. Colander

Download or read book How Economics Should Be Done written by David C. Colander and published by Edward Elgar Publishing. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: David Colander has been writing about economic methodology for over 30 years, but he goes out of his way to emphasize that he does not see himself as a methodologist. His pragmatic methodology is applicable to what economists are doing and attempts to answer questions that all economists face as they go about their work. The articles collected in this volume are divided, with the first part providing a framework underlying Colander’s methodology and introducing Colander’s methodology for economic policy within that framework. Part two presents Colander’s view on the methodology for microeconomics, while part three looks at Colander’s methodology for macroeconomics. The book closes with discussions of broader issues.

Routledge Handbook of Ecological Economics

Author : Clive L. Spash
Publisher : Routledge
ISBN 13 : 1317395093
Total Pages : 804 pages
Book Rating : 4.3/5 (173 download)

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Book Synopsis Routledge Handbook of Ecological Economics by : Clive L. Spash

Download or read book Routledge Handbook of Ecological Economics written by Clive L. Spash and published by Routledge. This book was released on 2017-04-07 with total page 804 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since becoming formally established with an international academic society in the late 1980s, ecological economics has advanced understanding of the interactions between social and biophysical reality. It initially combined questioning of the basis of mainstream economics with a concern for environmental degradation and limits to growth, but has now advanced well beyond critique into theoretical, analytical and policy alternatives. Social ecological economics and transformation to an alternative future now form core ideas in an interdisciplinary approach combining insights from a range of disciplines including heterodox economics, political ecology, sociology, political science, social psychology, applied philosophy, environmental ethics and a range of natural sciences. This handbook, edited by a leading figure in the field, demonstrates the dynamism of ecological economics in a wide-ranging collection of state-of-the-art essays. Containing contributions from an array of international researchers who are pushing the boundaries of the field, the Routledge Handbook of Ecological Economics showcases the diversity of the field and points the way forward. A critical analytical perspective is combined with realism about how economic systems operate and their essential connection to the natural world and society. This provides a rich understanding of how biophysical reality relates to and integrates with social reality. Chapters provide succinct overviews of the literature covering a range of subject areas including: heterodox thought on the environment; society, power and politics, markets and consumption; value and ethics; science and society; methods for evaluation and policy analysis; policy challenges; and the future post-growth society. The rich contents dispel the myth of there being no alternatives to current economic thought and the political economy it supports. The Routledge Handbook of Ecological Economics provides a guide to the literature on ecological economics in an informative and easily accessible form. It is essential reading for those interested in exploring and understanding the interactions between the social, ecological and economic and is an important resource for those interested in fields such as: human ecology, political ecology, environmental politics, human geography, environmental management, environmental evaluation, future and transition studies, environmental policy, development studies and heterodox economics.

The Empire of Value

Author : Andre Orlean
Publisher : MIT Press
ISBN 13 : 0262549581
Total Pages : 361 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis The Empire of Value by : Andre Orlean

Download or read book The Empire of Value written by Andre Orlean and published by MIT Press. This book was released on 2023-10-31 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: An argument that conceiving of economic value as a social force makes it possible to develop a new and more powerful theory of market behavior. With the advent of the 2007–2008 financial crisis, the economics profession itself entered into a crisis of legitimacy from which it has yet to emerge. Despite the obviousness of their failures, however, economists continue to rely on the same methods and to proceed from the same underlying assumptions. André Orléan challenges the neoclassical paradigm in this book, with a new way of thinking about perhaps its most fundamental concept, economic value. Orléan argues that value is not bound up with labor, or utility, or any other property that preexists market exchange. Economic value, he contends, is a social force whose vast sphere of influence, amounting to a kind of empire, extends to every aspect of economic life. Markets are based on the identification of value with money, and exchange value can only be regarded as a social institution. Financial markets, for example, instead of defining an extrinsic, objective value for securities, act as a mechanism for arriving at a reference price that will be accepted by all investors. What economists must therefore study, Orléan urges, is the hold that value has over individuals and how it shapes their perceptions and behavior. Awarded the prestigious Prix Paul Ricoeur on its original publication in France in 2011, The Empire of Value has been substantially revised and enlarged for this edition, with an entirely new section discussing the financial crisis of 2007–2008.

The Collapse of the Fact/Value Dichotomy and Other Essays

Author : Hilary Putnam
Publisher : Harvard University Press
ISBN 13 : 0674013808
Total Pages : 205 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis The Collapse of the Fact/Value Dichotomy and Other Essays by : Hilary Putnam

Download or read book The Collapse of the Fact/Value Dichotomy and Other Essays written by Hilary Putnam and published by Harvard University Press. This book was released on 2004-03-30 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: If philosophy has any business in the world, it is the clarification of our thinking and the clearing away of ideas that cloud the mind. In this book, one of the world's preeminent philosophers takes issue with an idea that has found an all-too-prominent place in popular culture and philosophical thought: the idea that while factual claims can be rationally established or refuted, claims about value are wholly subjective, not capable of being rationally argued for or against. Although it is on occasion important and useful to distinguish between factual claims and value judgments, the distinction becomes, Hilary Putnam argues, positively harmful when identified with a dichotomy between the objective and the purely "subjective." Putnam explores the arguments that led so much of the analytic philosophy of language, metaphysics, and epistemology to become openly hostile to the idea that talk of value and human flourishing can be right or wrong, rational or irrational; and by which, following philosophy, social sciences such as economics have fallen victim to the bankrupt metaphysics of Logical Positivism. Tracing the problem back to Hume's conception of a "matter of fact" as well as to Kant's distinction between "analytic" and "synthetic" judgments, Putnam identifies a path forward in the work of Amartya Sen. Lively, concise, and wise, his book prepares the way for a renewed mutual fruition of philosophy and the social sciences.

Re-Thinking Gender, Equality and Development: Perspectives from Academia

Author : Anuradha R. Tiwary
Publisher : Vernon Press
ISBN 13 : 1648895476
Total Pages : 270 pages
Book Rating : 4.6/5 (488 download)

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Book Synopsis Re-Thinking Gender, Equality and Development: Perspectives from Academia by : Anuradha R. Tiwary

Download or read book Re-Thinking Gender, Equality and Development: Perspectives from Academia written by Anuradha R. Tiwary and published by Vernon Press. This book was released on 2022-10-20 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since birth, we have been ensnared in a gendered world. Gender is so deeply ingrained in various aspects of our lives, such as social, political, legal, and economic institutions and the related actions, ideas, and aspirations, that it appears natural. As a result of gender-defined roles and experiences, gendered hierarchies get established. It is crucial to re-examine the fundamental issues of gender, equality, and development from a new perspective. In doing so, this volume puts aside what we are accustomed to and challenges some of our most fundamental assumptions and understandings. It analyses gender not as a given but as a feat, not just as the cause but also as a result, and not only as a person but also as a society, in order to expose and critique the processes that create or reassert the inevitability and naturalness of a gendered reality. The book sketches the basic understanding of gender, its construction, perception of gender, the process of identity formation and socialization, and the kind of influence gender has on society. This volume is a comprehensive resource that gives a new perspective on gender as a key organizing factor within society, it unpacks the social construction of knowledge, categories of difference, and structures of power and inequality, from the viewpoints of researchers and academicians. Researchers, teachers, students, and other groups interested in gender studies, sociology, law, history, and languages will find the book refreshingly handy in their inquiry. The book is a collection of narratives, empirical evidence, and opinion papers along with systematic literature reviews around gender, equality and development.

Objectivity: A Very Short Introduction

Author : Stephen Gaukroger
Publisher : OUP Oxford
ISBN 13 : 0191642096
Total Pages : 129 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis Objectivity: A Very Short Introduction by : Stephen Gaukroger

Download or read book Objectivity: A Very Short Introduction written by Stephen Gaukroger and published by OUP Oxford. This book was released on 2012-05-24 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: - Is objectivity possible? - Can there be objectivity in matters of morals, or tastes? - What would a truly objective account of the world be like? - Is everything subjective, or relative? - Are moral judgments objective or culturally relative? Objectivity is both an essential and elusive philosophical concept. An account is generally considered to be objective if it attempts to capture the nature of the object studied without judgement of a conscious entity or subject. Objectivity stands in contrast to subjectivity: an objective account is impartial, one which could ideally be accepted by any subject, because it does not draw on any assumptions, prejudices, or values of particular subjects. Stephen Gaukroger shows that it is far from clear that we can resolve moral or aesthetic disputes in this way and it has often been argued that such an approach is not always appropriate for disciplines that deal with human, rather than natural, phenomena. Moreover, even in those cases where we seek to be objective, it may be difficult to judge what a truly objective account would look like, and whether it is achievable. This Very Short Introduction demonstrates that there are a number of common misunderstandings about what objectivity is, and explores the theoretical and practical problems of objectivity by assessing the basic questions raised by it. As well as considering the core philosophical issues, Gaukroger also deals with the way in which particular understandings of objectivity impinge on social research, science, and art. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

On Being a Scientist

Author : National Academy of Engineering
Publisher : National Academies Press
ISBN 13 : 9780309051965
Total Pages : 44 pages
Book Rating : 4.0/5 (519 download)

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Book Synopsis On Being a Scientist by : National Academy of Engineering

Download or read book On Being a Scientist written by National Academy of Engineering and published by National Academies Press. This book was released on 1995-02-10 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the first edition of On Being a Scientist was published in 1989, more than 200,000 copies have been distributed to graduate and undergraduate science students. Now this well-received booklet has been updated to incorporate the important developments in science ethics of the past 6 years and includes updated examples and material from the landmark volume Responsible Science (National Academy Press, 1992). The revision reflects feedback from readers of the original version. In response to graduate students' requests, it offers several case studies in science ethics that pose provocative and realistic scenarios of ethical dilemmas and issues. On Being a Scientist presents penetrating discussions of the social and historical context of science, the allocation of credit for discovery, the scientist's role in society, the issues revolving around publication, and many other aspects of scientific work. The booklet explores the inevitable conflicts that arise when the black and white areas of science meet the gray areas of human values and biases. Written in a conversational style, this booklet will be of great interest to students entering scientific research, their instructors and mentors, and anyone interested in the role of scientific discovery in society.

Objectivity in Social Research

Author : Gunnar Myrdal
Publisher : Pantheon
ISBN 13 :
Total Pages : 136 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Objectivity in Social Research by : Gunnar Myrdal

Download or read book Objectivity in Social Research written by Gunnar Myrdal and published by Pantheon. This book was released on 1969 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Political Element in the Development of Economic Theory

Author : Gunnar Myrdal
Publisher : Routledge
ISBN 13 : 1351477242
Total Pages : 355 pages
Book Rating : 4.3/5 (514 download)

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Book Synopsis The Political Element in the Development of Economic Theory by : Gunnar Myrdal

Download or read book The Political Element in the Development of Economic Theory written by Gunnar Myrdal and published by Routledge. This book was released on 2017-07-05 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: Myrdal described this book as a discussion of three key notions in economic theory: the ideas of value, freedom, and collective house-keeping. It is through these concepts, he charged, that political ideology has been intro-duced into economic theory. This volume continues to be relevant in its emphasis on the problem of objectivity in the social sciences.

Dewey, Pragmatism and Economic Methodology

Author : Elias Khalil
Publisher : Routledge
ISBN 13 : 1135996679
Total Pages : 727 pages
Book Rating : 4.1/5 (359 download)

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Book Synopsis Dewey, Pragmatism and Economic Methodology by : Elias Khalil

Download or read book Dewey, Pragmatism and Economic Methodology written by Elias Khalil and published by Routledge. This book was released on 2004-02-05 with total page 727 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together, for the first time, philosophers of pragmatism and economists interested in methodological questions. The main theoretical thrust of Dewey is to unite inquiry with behavior and this book's contributions assess this insight in the light of developments in modern American philosophy, social and legal theories, and the theor