The Nature and Method of Economic Sciences

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Author :
Publisher : Routledge
ISBN 13 : 0429842082
Total Pages : 321 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis The Nature and Method of Economic Sciences by : Ricardo F. Crespo

Download or read book The Nature and Method of Economic Sciences written by Ricardo F. Crespo and published by Routledge. This book was released on 2020-03-04 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Nature and Method of Economic Sciences: Evidence, Causality, and Ends argues that economic phenomena can be examined from five analytical levels: a statistical descriptive approach, a causal explanatory approach, a teleological explicative approach, a normative approach and, finally, the level of application. The above viewpoints are undertaken by different but related economic sciences, including statistics and economic history, positive economics, normative economics, and the ‘art of political economy’. Typically, positive economics has analysed economic phenomena using the second approach, causally explaining and often trying to predict the future evolution of the economy. It has not been concerned with the ends selected by the individual or society, taking them as given. However, various new economic currents have emerged during the last 40 years, and some of these do assign a fundamental role to ends within economics. This book argues that the field of positive economics should adapt to deal with the issues that arise from this. The text attempts to discern the nature of economic phenomena, introducing the different approaches and corresponding economic sciences. It goes on to analyse the epistemological characteristics of these in the subsequent chapters, as well as their disciplinary interrelations. This book is a valuable resource for students and scholars of the social sciences, philosophy, and the philosophy of economics. It will also be of interest to those researching political economy and the development of economic thought.

An Essay on the Nature and Significance of Economic Science

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Author :
Publisher : Ludwig von Mises Institute
ISBN 13 : 1610160398
Total Pages : 158 pages
Book Rating : 4.6/5 (11 download)

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Book Synopsis An Essay on the Nature and Significance of Economic Science by : Lionel Robbins

Download or read book An Essay on the Nature and Significance of Economic Science written by Lionel Robbins and published by Ludwig von Mises Institute. This book was released on 2007 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book by Lionel Robbins first appeared in 1932 as an outstanding English-language statement of the Misesian view of economic method, namely that economics is a social science and must advance its propositions by means of deductive reasoning and not through the methods used in the natural sciences. The case is argued here with patience and attention to scholarly details. The unfortunate second edition of this book, which is more available today, introduces confusions by departing from Austrian microeconomic theory. Thus does the Mises Institute celebrate the 75th anniversary of the first edition with this reprint. "Reading Robbins," writes Samuel Bostaph of the University of Dallas, "is an excellent way of contrasting his explanation of the basic nature of economics with that of the Austrian School, as found in the work of Mises as an extension of Carl Mengers's foundations. Such a reading wonderfully clarifies one’s understanding of the basic conception of economics as a science of human action, rather than one of mere 'economizing.' "

The Nature of the Economy

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Author :
Publisher : Springer Nature
ISBN 13 : 3031024532
Total Pages : 235 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis The Nature of the Economy by : Ricardo F. Crespo

Download or read book The Nature of the Economy written by Ricardo F. Crespo and published by Springer Nature. This book was released on 2022-07-01 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the deep meaning—the nature or essence—of the economy and its fundamental components. As a monograph on the philosophy of the economy and economics, it deduces the metaphysical nature of these two, going step by step from more general to more specific realities to finally arrive at the adequate features of the economic sciences and their methods. It builds on a largely Aristotelian approach, but also draws extensively from modern scholarship in the area. Usefully and pertinently, the book covers both general aspects of the economy and particular historically specific features. Among the important topics covered in the book are the meanings of the economy, the nature and role of economic agents, the nature of the macroeconomy, the nature and role of money, and so on. The book concludes with chapters on the nature of economics itself and its methodologies.

The Nature and Essence of Economic Theory

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Author :
Publisher : Routledge
ISBN 13 : 1351478931
Total Pages : 432 pages
Book Rating : 4.3/5 (514 download)

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Book Synopsis The Nature and Essence of Economic Theory by : Joseph A. Schumpeter

Download or read book The Nature and Essence of Economic Theory written by Joseph A. Schumpeter and published by Routledge. This book was released on 2017-09-08 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Joseph A. Schumpeter was a monumental figure in the history and development of economics. This work brings together his brilliant lectures, delivered more than a century ago, in its first English-language paperback edition. Here, readers will discover Schumpeter's search for an economic science devoid of moral or political dogma. The Nature and Essence of Economic Theory works out what people should think of pure economics, what its nature is, what its methods and findings are, and where thought takes off from there. The book shows the limitations and weaknesses of nineteenth-century economics and how the field could be and was improved by establishing a fundamental differentiation between 'statistics' and 'dynamics'. To convey his arguments, Schumpeter uses certain axioms that form a consistent, self-contained system and show how sound economic science is based on facts and events rather than presuppositions or definitions. Schumpeter's larger aim, beyond a pedagogic tool, was to deduce changes in the market, trade, and exchange of goods and services. He defined the task of economy as the description of the system and its change tendencies. If that can be achieved unequivocally, without resorting to doctrine or dogma, then the field can be considered self-contained.

The Science of Economics

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Publisher : Shepheard-Walwyn
ISBN 13 : 0856833967
Total Pages : 349 pages
Book Rating : 4.8/5 (568 download)

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Book Synopsis The Science of Economics by : Raymond Makewell

Download or read book The Science of Economics written by Raymond Makewell and published by Shepheard-Walwyn. This book was released on 2013-06-01 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on a three-year course prepared by Leon MacLaren for the School of Economic Science in London in the late 1960s, this book reassesses the first principles of economics. Leon MacLaren (1910–1994) was a barrister, politician, philosopher, and the founder of the School of Economic Science. In his view, science is a study of laws that exist in nature, while economics is a study of the humanities with the interaction between human nature and the natural universe at its heart. With original subject matter from his economic course and introducing more recent examples and statistics from Australia, Canada, New Zealand, the UK, and the United States, the study examines the major characteristics of the modern economy—such as banking, taxation, and international trade—and considers the role of the government in economic affairs. It concludes with an examination of society's structure as a whole, the part economic activity plays in the bigger picture, and the social and cultural influences that shape the production and distribution of wealth.

Economic Science and the Austrian Method

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Author :
Publisher : Ludwig von Mises Institute
ISBN 13 : 1610164784
Total Pages : 93 pages
Book Rating : 4.6/5 (11 download)

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Book Synopsis Economic Science and the Austrian Method by : Hans-Hermann Hoppe

Download or read book Economic Science and the Austrian Method written by Hans-Hermann Hoppe and published by Ludwig von Mises Institute. This book was released on 1995 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Limits of Economic Science

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Publisher : Springer Science & Business Media
ISBN 13 : 9400974213
Total Pages : 135 pages
Book Rating : 4.4/5 (9 download)

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Book Synopsis The Limits of Economic Science by : R.B. McKenzie

Download or read book The Limits of Economic Science written by R.B. McKenzie and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this volume were a challenge to me to write. I am an economist to the core, inclined to evaluate most observed behavior and public policies with conventional neoclassical theory. The essays represent my attempt to come to grips with the meaning and importance of what I try to do as a professional economist. They reflect my attempt to acquire a new and improved understanding of the usefulness and limitations of the writings of professional economists, especially my own. In this regard, although I hope others will find the thoughts useful, the volume represents a personal statement of how one economist views his and others' work. For that reason the discussion is often openly normative, tinged with the conviction that social discourse is more than costs and benefits and that economics cannot be fully evaluated by the methods - economic methods - that are the subject of the evaluation. These essays could not have been written without considerable encouragement and help from colleagues and friends. The following people are recognized for having read one or more chapters and for having contributed critical, substantive comments: Diana Bailey, Wilfred Beckerman, Geoffrey Brennan, William Briet, James Buchanan, Delores Martin, David Maxwell, Mary Ann McKenzie, Warren Samuels, Robert Staaf, Richard Wagner, Karen Vaughn, and Bruce Yandle. I am very much in their debt. However, they should not be held accountable for any of the positions taken and any errors that may remain.

Investigations into the Method of the Social Sciences

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Publisher : Ludwig von Mises Institute
ISBN 13 : 1610164237
Total Pages : 262 pages
Book Rating : 4.6/5 (11 download)

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Book Synopsis Investigations into the Method of the Social Sciences by :

Download or read book Investigations into the Method of the Social Sciences written by and published by Ludwig von Mises Institute. This book was released on with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Ultimate Foundation of Economic Science

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Author :
Publisher :
ISBN 13 : 9781494027520
Total Pages : 160 pages
Book Rating : 4.0/5 (275 download)

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Book Synopsis The Ultimate Foundation of Economic Science by : Ludwig von Mises

Download or read book The Ultimate Foundation of Economic Science written by Ludwig von Mises and published by . This book was released on 2013-10 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a new release of the original 1962 edition.

The Philosophy of Economics

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Publisher : Cambridge University Press
ISBN 13 : 0521883504
Total Pages : 11 pages
Book Rating : 4.5/5 (218 download)

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Book Synopsis The Philosophy of Economics by : Daniel M. Hausman

Download or read book The Philosophy of Economics written by Daniel M. Hausman and published by Cambridge University Press. This book was released on 2008 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume, explores the nature of economics as a science, including classic texts and newer essays.

The Methodology of Economics

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Publisher : Cambridge University Press
ISBN 13 : 1107717264
Total Pages : 324 pages
Book Rating : 4.1/5 (77 download)

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Book Synopsis The Methodology of Economics by : Mark Blaug

Download or read book The Methodology of Economics written by Mark Blaug and published by Cambridge University Press. This book was released on 1992-07-31 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an examination of the nature of economic explanation. The opening chapters introduce current thinking in the philosophy of science and review the literature on methodology. Professor Blaug then turns to the troublesome question of the logical status of welfare economics, giving the reader an understanding of the outstanding issues in the methodology of economics. This is followed by a series of case studies of leading economic controversies, which shows how controversies in economics may be illuminated by paying attention to questions of methodology. A final chapter draws the strands together and gives the author's view of what is wrong with modern economics. This book is a revised and updated edition of a classic work on the methodology of economics, in which Professor Blaug develops his discussion of the latest developments in macroeconomics, general equilibrium theory and international trade theory. A new section on the rationality postulate is also added.

The Structure of Economic Science

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Author :
Publisher : Englewood Cliffs, N.J., Prentice-Hall
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis The Structure of Economic Science by : Sherman Roy Krupp

Download or read book The Structure of Economic Science written by Sherman Roy Krupp and published by Englewood Cliffs, N.J., Prentice-Hall. This book was released on 1966 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Theory and dispute in economics; Methematics and observation in economics; The boundaries of economic theory; Value premises in economics.

From Political Economy to Economics

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Publisher : Routledge
ISBN 13 : 1134099444
Total Pages : 387 pages
Book Rating : 4.1/5 (34 download)

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Book Synopsis From Political Economy to Economics by : Dimitris Milonakis

Download or read book From Political Economy to Economics written by Dimitris Milonakis and published by Routledge. This book was released on 2009-01-13 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics has become a monolithic science, variously described as formalistic and autistic with neoclassical orthodoxy reigning supreme. So argue Dimitris Milonakis and Ben Fine in this new major work of critical recollection. The authors show how economics was once rich, diverse, multidimensional and pluralistic, and unravel the processes that lead to orthodoxy’s current predicament. The book details how political economy became economics through the desocialisation and the dehistoricisation of the dismal science, accompanied by the separation of economics from the other social sciences, especially economic history and sociology. It is argued that recent attempts from within economics to address the social and the historical have failed to acknowledge long standing debates amongst economists, historians and other social scientists. This has resulted in an impoverished historical and social content within mainstream economics. The book ranges over the shifting role of the historical and the social in economic theory, the shifting boundaries between the economic and the non-economic, all within a methodological context. Schools of thought and individuals, that have been neglected or marginalised, are treated in full, including classical political economy and Marx, the German and British historical schools, American institutionalism, Weber and Schumpeter and their programme of Socialökonomik, and the Austrian school. At the same time, developments within the mainstream tradition from marginalism through Marshall and Keynes to general equilibrium theory are also scrutinised, and the clashes between the various camps from the famous Methodenstreit to the fierce debates of the 1930s and beyond brought to the fore. The prime rationale underpinning this account drawn from the past is to put the case for political economy back on the agenda. This is done by treating economics as a social science once again, rather than as a positive science, as has been the inclination since the time of Jevons and Walras. It involves transcending the boundaries of the social sciences, but in a particular way that is in exactly the opposite direction now being taken by "economics imperialism". Drawing on the rich traditions of the past, the reintroduction and full incorporation of the social and the historical into the main corpus of political economy will be possible in the future.

Economics Rules

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Publisher : Oxford University Press, USA
ISBN 13 : 0198736894
Total Pages : 268 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis Economics Rules by : Dani Rodrik

Download or read book Economics Rules written by Dani Rodrik and published by Oxford University Press, USA. This book was released on 2015 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: A leading economist trains a lens on his own discipline to uncover when it fails and when it works.

The Nature of Economic Thought

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Nature of Economic Thought by : J. J. Klant

Download or read book The Nature of Economic Thought written by J. J. Klant and published by Edward Elgar Publishing. This book was released on 1994 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together Klants' work on the philosophy and methodology of economics. The book covers the history of economics, and then goes on to deal with the logical structure of economic theories, Friedman's use of metaphor, Keynes' methodology, and other issues.

The Scope and Method of Political Economy

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Author :
Publisher : Routledge
ISBN 13 : 1351474499
Total Pages : 375 pages
Book Rating : 4.3/5 (514 download)

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Book Synopsis The Scope and Method of Political Economy by : John Neville Keynes

Download or read book The Scope and Method of Political Economy written by John Neville Keynes and published by Routledge. This book was released on 2017-07-28 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: The elder Keynes argues that almost every problem connected with the scope and method of political economy has given rise to conflict of opinion. The resulting controversies have sometimes been bitter. Those readers, who already have any acquaintance with the literature of economic method should be prepared to find that several of the chapters are controversial in character. At the same time, Keynes avoids the tone of a partisan and represents both sides of the argument without prejudice.While making no attempt to bring about a complete reconciliation between opposing views, Keynes shows the nature of the opposition between them has sometimes been misunderstood, and its extent consequently exaggerated. Since the scope and method of a science can never be satisfactorily discussed at the commencement of its study, some knowledge of political economy in its general outlines is assumed.The nature of the topics discussed in this classic is indicated in the introductory chapter. The abstract discussion of methods is one to which students of economics must necessarily give attention in the course of their reading, and its indirect bearing on the solution of practical economic questions is very close in contemporary importance in today's society.

Economic Ideas You Should Forget

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Author :
Publisher : Springer
ISBN 13 : 3319474588
Total Pages : 166 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Economic Ideas You Should Forget by : Bruno S. Frey

Download or read book Economic Ideas You Should Forget written by Bruno S. Frey and published by Springer. This book was released on 2017-03-08 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reporting on cutting-edge advances in economics, this book presents a selection of commentaries that reveal the weaknesses of several core economics concepts. Economics is a vigorous and progressive science, which does not lose its force when particular parts of its theory are empirically invalidated; instead, they contribute to the accumulation of knowledge. By discussing problematic theoretical assumptions and drawing on the latest empirical research, the authors question specific hypotheses and reject major economic ideas from the “Coase Theorem” to “Say’s Law” and “Bayesianism.” Many of these ideas remain prominent among politicians, economists and the general public. Yet, in the light of the financial crisis, they have lost both their relevance and supporting empirical evidence. This fascinating and thought-provoking collection of 71 short essays written by respected economists and social scientists from all over the world will appeal to anyone interested in scientific progress and the further development of economics.