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Truth Versus Precision In Economics
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Book Synopsis Truth Versus Precision in Economics by : Thomas Mayer
Download or read book Truth Versus Precision in Economics written by Thomas Mayer and published by Edward Elgar Publishing. This book was released on 1993 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author's principle of the strongest link provides the basis in this text for a critique of contemporary macroeconomics and its obsession with formalism. The text provides a rigorous methodological assessment of the New Classical and New Keynesian approaches and their failings.
Book Synopsis Selected Essays by Frank H. Knight, Volume 1 by : Frank H. Knight
Download or read book Selected Essays by Frank H. Knight, Volume 1 written by Frank H. Knight and published by University of Chicago Press. This book was released on 1999 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Frank H. Knight (1885-1972) was a central figure—many say the dominant influence—in the development of the "Chicago School of Economics" at the University of Chicago in the 1930s and 1940s, where he taught future Nobel laureates Milton Friedman, James Buchanan, George Stigler, and many other notable scholars. It was Knight's embedded skepticism about the reach of economic knowledge that set the stage for the laissez-faire economics that matured at the University in the 1950s and 1960s. But as important as Knight's technical economic contributions were, he never strayed far from his broad philosophical interests and concern for the state of modern liberal democracy. Ross B. Emmett's selection of Knight's essays is the first to offer a comprehensive picture of the work of this notable social scientist over the span of his career. Included are not only Knight's most influential writings, but also a number of uncollected papers which have not previously been widely accessible. These essays illustrate Knight's views on the central debates regarding economics, social science, ethics, education, and modern liberalism. Volume 1: "What is Truth" in Economics? contains fifteen of Knight's papers up through 1940. Volume 2: Laissez Faire: Pro and Con includes fourteen of Knight's papers from 1940 through 1967, including "Socialism: The Nature of the Problem" and "The Sickness of Liberal Society." These twenty-nine essays together stand not only as a monument to one of economics' most significant and original thinkers, but will also serve as an invaluable resource for economists, philosophers, and political scientists interested in the development of the western liberal tradition.
Book Synopsis Truth Versus Precision in Economics by : Thomas Mayer
Download or read book Truth Versus Precision in Economics written by Thomas Mayer and published by Edward Elgar Publishing. This book was released on 1993 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author's principle of the strongest link provides the basis in this text for a critique of contemporary macroeconomics and its obsession with formalism. The text provides a rigorous methodological assessment of the New Classical and New Keynesian approaches and their failings.
Book Synopsis Truth and Progress in Economic Knowledge by : Roger Backhouse
Download or read book Truth and Progress in Economic Knowledge written by Roger Backhouse and published by Edward Elgar Publishing. This book was released on 1997 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Backhouse (history and philosophy of economics, U. of Birmingham, England) believes in truth and progress, but defends them against postmodern skepticism by using some of the same sources it does rather than trying to return to a pre-lapsarian state. He concludes by doubting the success of the conventional division of labor in which economic theorists transmute general assumptions into hypotheses to be tested, and econometricians test those theories statistically and establish empirical generalizations. Those two functions, he says, must interact on a much more intimate level. Some of the material is revised from previous publication. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Chicago Fundamentalism written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Monthly Labor Review by : United States. Bureau of Labor Statistics
Download or read book Monthly Labor Review written by United States. Bureau of Labor Statistics and published by . This book was released on 1994 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
Book Synopsis Economics for Real by : Aki Lehtinen
Download or read book Economics for Real written by Aki Lehtinen and published by Routledge. This book was released on 2013-06-17 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides the first comprehensive and critical examination of Mäki’s realist philosophy of economics.
Book Synopsis Truth Or Economics by : Richard S. Markovits
Download or read book Truth Or Economics written by Richard S. Markovits and published by Yale University Press. This book was released on 2008-10-01 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is economic efficiency a sound basis upon which to make public policy or legal decisions? In this sophisticated analysis, Richard S. Markovits considers the way in which scholars and public decision-makers define, predict, and assess the moral and legal relevance of economic efficiency. The author begins by identifying imperfections in the traditional definition of economic efficiency. He then develops and illustrates an appropriate response to Second-Best Theory and investigates the moral and legal relevance of economic-efficiency analyses. Not only do virtually all economic, legal, and public policy thinkers misdefine economic efficiency, the author concludes, they also ignore or respond inadequately to Second-Best Theory when analyzing the economic efficiency of public choices and misassess the relevance of economic-efficiency conclusions both for moral evaluations and for the answer to legal-rights questions that is correct as a matter of law.
Book Synopsis How Economics Professors Can Stop Failing Us by : Steven Payson
Download or read book How Economics Professors Can Stop Failing Us written by Steven Payson and published by Lexington Books. This book was released on 2017-08-18 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an eye-opening exposé on economics professors that will surely shock anyone who is not familiar with the topic, and even some of those who are familiar with it. It is critical of the behavior of economics professors, but is not critical of the field of economics itself. In fact, the book argues that it is essential for economics professors to improve in the work they perform, precisely because of the vital importance of their field. Other books that criticize economics professors typically present complex arguments that interest only the most advanced scholars. However, this book is completely different. It is written to be understandable to anyone who has with an interest in economics, regardless of their background. At the same time, the book does include the most relevant scholarly arguments—it just presents them in a manner that allows anyone to understand them. Also unlike other books on economics, How Economics Professors Can Stop Failing Us is written in the context of a genuine exposé. As such, itventures “backstage” behind the “show business” that has dominated the profession, revealing the profession’s deep, dark, (and at times rather ugly) secrets. The book is able to do this by having an author who has experienced first- hand, studied, and written on this topic area for over three decades, who has organized training seminars on it, and who has served for over a decade as the Executive Director of the Association for Integrity and Responsible Leadership in Economics. While exposing the profession’s shameful problems, the book also offers great hope in providing realistic solutions to them. One of the main solutions it proposes is for economics professors who are now failing us to follow, and learn from, those other professors who are not failing us—who have, instead, admirably upheld the principles of professional ethics and scientific integrity. In this sense, How Economics Professors Can Stop Failing Us offers the most hope, and perhaps the only hope, for economics professors to improve, and to play the responsible role that their students, their employers, and society overall, expects of them.
Book Synopsis Economics and the Enforcement of European Competition Law by : Christopher Decker
Download or read book Economics and the Enforcement of European Competition Law written by Christopher Decker and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is well written and readable by non economists. The approaches, questions, methodology, and basis for selection of cases/interviewees are clearly explained and justified. This book is a valuable contribution to the literature. Rhonda Smith, Competition and Consumer Law Journal Recent years have seen a trend toward an economics-based approach to the enforcement of European competition law. But what is meant by economics-based , and how does this approach sit with legal and enforcement practice? This book seeks to place in perspective the growing use of economics in European competition law enforcement by examining precisely how economics contributes to the enforcement activity of the European Commission and Courts. Christopher Decker provides unique empirical insights as to how economic theory, thinking, techniques and data have featured in decision-making in the area of co-ordinated effects. The role of economics is examined throughout the entire enforcement process, from the decision to initiate an investigation to the design and implementation of remedies, and its conclusions are of general relevance to all areas of competition law enforcement where economics is used. Utilising a broad and multifaceted conception of economics, this book is essential reading for academics and students interested in European competition law, EC competition lawyers, applied industrial economists and enforcement officials. It will also be an invaluable tool for academic libraries and institutes, government agencies, law firms and economic consultancies.
Book Synopsis Knowledge and Persuasion in Economics by : Deirdre N. McCloskey
Download or read book Knowledge and Persuasion in Economics written by Deirdre N. McCloskey and published by Cambridge University Press. This book was released on 1994-05-05 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: Argues that economics is a science, but a human science: a witty guide to the ins and outs of economic philosophy.
Book Synopsis The Methodology of Positive Economics by : Uskali Mäki
Download or read book The Methodology of Positive Economics written by Uskali Mäki and published by Cambridge University Press. This book was released on 2009-05-28 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Milton Friedman's 1953 essay 'The methodology of positive economics' remains the most cited, influential, and controversial piece of methodological writing in twentieth-century economics. Since its appearance, the essay has shaped the image of economics as a scientific discipline, both within and outside of the academy. At the same time, there has been an ongoing controversy over the proper interpretation and normative evaluation of the essay. Perceptions have been sharply divided, with some viewing economics as a scientific success thanks to its adherence to Friedman's principles, others taking it as a failure for the same reason. In this book, a team of world-renowned experts in the methodology of economics cast new light on Friedman's methodological arguments and practices from a variety of perspectives. It provides the 21st century reader with an invaluable assessment of the impact and contemporary significance of Friedman's seminal work.
Book Synopsis Exemplary Economists: North America by : Roger Backhouse
Download or read book Exemplary Economists: North America written by Roger Backhouse and published by Edward Elgar Publishing. This book was released on 2000-01-01 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses on leading economists who were born, or have spent the greater part of their lives, in America.
Book Synopsis Institutional Economics in France and Germany by : Agnes Labrousse
Download or read book Institutional Economics in France and Germany written by Agnes Labrousse and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: German Ordoliberalism and French Regulation theory, two institutionalist theories born in different national contexts, show striking convergences and complementarities. Based on an original comparison, Institutional Economics in France and Germany analyses the basic concepts, the development and the present relevance of both schools, the way they deal with the crucial methodological issue of complexity and with transformation in post-socialist Europe. It underlines the specificity and fruitfulness of these European approaches to institutional economics, often unfortunately ignored in the English-language literature. Written by leading scholars, this book is a clear presentation of both theories, with numerous illustrations and in-depth analysis of recent research developments. This theoretical, methodological and thematic comparison raises central issues in the growing field of socioeconomic and institutionalist theory.
Book Synopsis Economic Multisectoral Modelling Between Past and Future by : Rossella Bardazzi
Download or read book Economic Multisectoral Modelling Between Past and Future written by Rossella Bardazzi and published by Firenze University Press. This book was released on 2013 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a tribute to the work of Maurizio Grassini, econometrician and model builder. The selection of his works in the first part of the volume is mainly devoted to research issues of multisectoral modelling. In fact, M. Grassini has dedicated a large part of his professional life to building and developing the INTIMO model for the Italian economy within the INFORUM research project. The book does not aim to be a celebration of the past but takes a look at the future of the multisectoral modelling which M. Grassini has contributed so much to. In the second part of the book, colleagues and friends who have encountered M. Grassini in the professional sphere on matters of quantitative economic analysis or still working with him on interindustry models have given their contribution to look at the future prospects of a research field firmly based on the experience of what has been done so far.
Book Synopsis New Directions in Economic Methodology by : Roger Backhouse
Download or read book New Directions in Economic Methodology written by Roger Backhouse and published by Psychology Press. This book was released on 1994 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: While work on economic methodology has increased this has been coupled with a lack of consensus about the direction and content of the discipline. This book reflects this growing diversity with contributions from the leading methodologists.
Book Synopsis Inspiring Economics by : Bruno S. Frey
Download or read book Inspiring Economics written by Bruno S. Frey and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: I highly recommend this book to all economists. It is well written, informative and a pleasure to read. The first chapter, in particular, "Inspiring, Dismal or Boring Economics?" should be made required reading for all graduate students in economics, and even more so for their professors, especially at leading universities in the United States. Yew-Kwang Ng, Journal of Economic Literature Instead of ignoring the challenge to rational behaviour posed by several anomalies in behaviour, or abandoning rationality in the face of this challenge, Bruno Frey s Inspiring Economics provides a valuable extension of rational behaviour to incorporate these anomalies. This is an exhilarating study that I strongly recommend to everyone, including those like myself, who believe that the importance of these anomalies are sometimes exaggerated. Gary S. Becker, Stanford University, US Bruno Frey is one of a number of modern economists who believe (as I do) that economics should be importing rather than exporting ideas from elsewhere in the social sciences. In these sparkling essays, he shows that rational choice theory is enriched and sometimes revised by taking account of non-monetary rewards and incentives. With Frey, economics once again becomes an inspiring behavioural science. Mark Blaug, University of London and University of Buckingham, UK Economics can be inspiring often taking a stand against convention, achieving challenging results, discussing unorthodox viewpoints and suggesting new policies. Bruno S. Frey illustrates what he perceives to be the inspirational quality of economics and how this differs from the type of economics studied in many academic institutions. He introduces insights into economics from a psychological perspective, dealing with issues such as transformation of anomalies, identification in democracy and crowding effects, and focuses on intrinsic motivation and how it is undermined. Inspiring Economics also looks at the integration of economics and politics, covering topics including popular initiatives and referenda, authoritarian nations and foreign aid, and the way in which the cost of war is reflected on the capital market. This groundbreaking empirical study of human motivation and behaviour will be a fascinating read for those interested in economics and economic theory.
