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Economics Philosophy And Physics
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Book Synopsis More Heat Than Light by : Philip Mirowski
Download or read book More Heat Than Light written by Philip Mirowski and published by Cambridge University Press. This book was released on 1991-11-29 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: The development of the energy concept in Western physics and its subsequent effect on the emergence of neoclassical economics are traced to reveal how economics has sought to emulate physics, especially with regard to the theory of value.
Book Synopsis Philosophy, Politics, and Economics by : Gerald Gaus
Download or read book Philosophy, Politics, and Economics written by Gerald Gaus and published by Princeton University Press. This book was released on 2021-11-16 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: An updated and expanded edition of the classic introduction to PPE—philosophy, politics, and economics—coauthored by one of the field’s pioneers Philosophy, Politics, and Economics offers a complete introduction to the fundamental tools and concepts of analysis that PPE students need to study social and political issues. This fully updated and expanded edition examines the core methodologies of rational choice, strategic analysis, norms, and collective choice that serve as the bedrocks of political philosophy and the social sciences. The textbook is ideal for advanced undergraduates, graduate students, and nonspecialists looking to familiarize themselves with PPE’s approaches. Starting with individual choice, the book develops an account of rationality to introduce readers to decision theory, utility theory, and concepts of welfare economics and consumer choice theory. It moves to strategic choice in game theory to explore such issues as bargaining theory, repeated games, and evolutionary game theory. The text also considers how social norms can be understood, observed, and measured. Concluding chapters address collective choice, social choice theory and democracy, and public choice theory’s connections to voters, representatives, and institutions. Rigorous and comprehensive, Philosophy, Politics, and Economics continues to be an essential text for this popular and burgeoning field. The only book that covers the entirety of PPE methods A rigorous, nontechnical introduction to decision theory, game theory, and positive political theory A philosophical introduction to rational choice theory in the social sciences
Book Synopsis Economics, Philosophy and Physics by : Ching-Yao Hsieh
Download or read book Economics, Philosophy and Physics written by Ching-Yao Hsieh and published by Routledge. This book was released on 2016-09-16 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book traces the relationship between ideas and methodological perspectives in economics to the fields of philosophy and the physical sciences. It is aimed at students of economics who want to learn about the philosophical underpinnings and scientific foundations of contemporary economic theory. The authors show how advances in scientific knowledge have had an impact on philosophy that in turn influenced the development of economic thought.
Book Synopsis The Natural Origins of Economics by : Margaret Schabas
Download or read book The Natural Origins of Economics written by Margaret Schabas and published by University of Chicago Press. This book was released on 2009-05-15 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: References to the economy are ubiquitous in modern life, and virtually every facet of human activity has capitulated to market mechanisms. In the early modern period, however, there was no common perception of the economy, and discourses on money, trade, and commerce treated economic phenomena as properties of physical nature. Only in the early nineteenth century did economists begin to posit and identify the economy as a distinct object, divorcing it from natural processes and attaching it exclusively to human laws and agency. In The Natural Origins of Economics, Margaret Schabas traces the emergence and transformation of economics in the eighteenth and nineteenth centuries from a natural to a social science. Focusing on the works of several prominent economists—David Hume, Adam Smith, Thomas Malthus, David Ricardo, and John Stuart Mill—Schabas examines their conceptual debt to natural science and thus locates the evolution of economic ideas within the history of science. An ambitious study, The Natural Origins of Economics will be of interest to economists, historians, and philosophers alike.
Book Synopsis The Big Questions by : Steven E. Landsburg
Download or read book The Big Questions written by Steven E. Landsburg and published by Simon and Schuster. This book was released on 2010-09-02 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: What's wrong with stealing? What's the best way to blood test a pot-bellied pig? Should we tolerate intolerance? In the wake of his enormously popular books, The Armchair Economistand More Sex is Safer Sex, Steven Landsburg uses concepts from maths, economics and physics to address the big questions in philosophy: Where does knowledge come from? What's the difference between right and wrong? Do our beliefs matter? Is it possible to know everything? Provocative, utterly entertaining and always surprising, The Big Questions challenges readers to re-evaluate their most fundamental beliefs and reveals the relationship between the loftiest philosophical quests and our everyday lives.
Book Synopsis Essays on Philosophy, Politics & Economics by : Gerald Gaus
Download or read book Essays on Philosophy, Politics & Economics written by Gerald Gaus and published by Stanford University Press. This book was released on 2010-05-17 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together distinguished philosophers with interdisciplinary expertise to show how the resources of philosophy can be employed in the tasks of evaluating economics and fostering policy debates. Contributors offer analyses of basic ideas in economics, such as the notion of efficiency, "economic man", incentives, self-interest, and utility maximization. They discuss key concepts in political theory such as desert, compensation, autonomy, equality, consent or fairness. The book then offers examples of how philosophical resources can be applied to specific, timely debates, such as discrimination, affirmative action, and ethical considerations in Social Security. These applications demonstrate how philosophy, politics, and economics can be fruitfully combined, while the more theoretical chapters clarify fundamental relationships across these related disciplines. Ultimately, the text guides students and scholars in expanding their perspectives as they approach the necessarily complex research questions of today and tomorrow.
Book Synopsis Quantum Field Theory for Economics and Finance by : B. E. Baaquie
Download or read book Quantum Field Theory for Economics and Finance written by B. E. Baaquie and published by Cambridge University Press. This book was released on 2018-08-23 with total page 717 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an introduction to how the mathematical tools from quantum field theory can be applied to economics and finance. Providing a range of quantum mathematical techniques for designing financial instruments, it demonstrates how a range of topics have quantum mechanical formulations, from asset pricing to interest rates.
Download or read book Forecast written by Mark Buchanan and published by A&C Black. This book was released on 2013-01-01 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Positive feedback--when A produces B, which in turn produces even more A--drives not only abrupt climate changes, but also disruptive events in economics and finance, from asset bubbles to debt crises, bank runs, even corporate corruption. But economists, with few exceptions, have ignored this reality for fifty years, holding on to the unreasonable belief in the wisdom of the market. It's past time to be asking how markets really work. Can we replace economic magical thinking with a better means of predicting what the financial future holds, in order to prepare for--or even avoid--the next extreme economic event? Here, physicist and acclaimed science writer Mark Buchanan answers these questions and more in a master lesson on a smarter economics, which accepts that markets act much like weather. Market instability is as natural--and dangerous--as a prairie twister. With Buchanan's help, perhaps we can better govern the markets and weather their storms.
Book Synopsis The Oxford Handbook of Philosophy of Economics by : Harold Kincaid
Download or read book The Oxford Handbook of Philosophy of Economics written by Harold Kincaid and published by Oxford Handbooks Online. This book was released on 2009-03-26 with total page 689 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is the first comprehensive, cohesive, and accessible reference source to the philosophy of economics, presenting important new scholarship by top scholars.
Book Synopsis Time and Economics by : Željko Rohatinski
Download or read book Time and Economics written by Željko Rohatinski and published by Springer. This book was released on 2017-10-09 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book links the philosophical perception of time and Einstein’s theory of special relativity to economic processes, showing that the phenomena of time dilation and length contraction seen in physics can be identified within – and adapted to – an economic framework. The author expands on Marx’s model of reproduction with the additional variable of time, which is represented as a relative or functional category. In addition to allowing a more precise understanding of both static and dynamic relations between economic systems, this concept examines approaches to time proposed by Smith, Marshall and Keynes, and challenges the equilibrium and disequilibrium economic models. Rohatinski suggests that by understanding the differences in economic activity perceived across different time periods we are better able to influence that activity at micro- and macroeconomic levels.
Book Synopsis Economics--Mathematical Politics Or Science of Diminishing Returns? by : Alexander Rosenberg
Download or read book Economics--Mathematical Politics Or Science of Diminishing Returns? written by Alexander Rosenberg and published by University of Chicago Press. This book was released on 1992 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Economics will never be able to move beyond these vague predictions because it treats human behavior - individual and social - as the product of expectations and preferences - beliefs and desires - the variables that cannot be measured independently of the actual choices we want to predict. These factors, combined with the economist's commitment to the search for equilibrium solutions to theoretical problems, condemn economic theory to permanent predictive weakness. In the end, Rosenberg's analysis is not merely a critique. His aim is to redefine the scope and value of neoclassical theory, suggesting that its character and most important accomplishments need to be correctly understood to defend economics against the charge that it is a science of diminishing returns."--BOOK JACKET.
Book Synopsis The Philosophy of Quantum Physics by : Cord Friebe
Download or read book The Philosophy of Quantum Physics written by Cord Friebe and published by Springer. This book was released on 2018-06-21 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a thorough and up-to-date introduction to the philosophy of quantum physics. Although quantum theory is renowned for its spectacular empirical successes, controversial discussion about how it should be understood continue to rage today. In this volume, the authors provide an overview of its numerous philosophical challenges: Do quantum objects violate the principle of causality? Are particles of the same type indistinguishable and therefore not individual entities? Do quantum objects retain their identity over time? How does a compound quantum system relate to its parts? These questions are answered here within different interpretational approaches to quantum theory. Finally, moving to Quantum Field Theory, we find that the problem of non-locality is exacerbated. Philosophy of quantum physics is aimed at philosophers with an interest in physics, while also serving to familiarize physicists with many of the essential philosophical questions of their subject.
Book Synopsis Economic Theory and Cognitive Science by : Don Ross
Download or read book Economic Theory and Cognitive Science written by Don Ross and published by MIT Press. This book was released on 2007-01-26 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this study, Don Ross explores the relationship of economics to other branches of behavioral science, asking, in the course of his analysis, under what interpretation economics is a sound empirical science. The book explores the relationships between economic theory and the theoretical foundations of related disciplines that are relevant to the day-to-day work of economics—the cognitive and behavioral sciences. It asks whether the increasingly sophisticated techniques of microeconomic analysis have revealed any deep empirical regularities—whether technical improvement represents improvement in any other sense. Casting Daniel Dennett and Kenneth Binmore as its intellectual heroes, the book proposes a comprehensive model of economic theory that, Ross argues, does not supplant, but recovers the core neoclassical insights, and counters the caricaturish conception of neoclassicism so derided by advocates of behavioral or evolutionary economics. Because he approaches his topic from the viewpoint of the philosophy of science, Ross devotes one chapter to the philosophical theory and terminology on which his argument depends and another to related philosophical issues. Two chapters provide the theoretical background in economics, one covering developments in neoclassical microeconomics and the other treating behavioral and experimental economics and evolutionary game theory. The three chapters at the heart of the argument then apply theses from the philosophy of cognitive science to foundational problems for economic theory. In these chapters, economists will find a genuinely new way of thinking about the implications of cognitive science for economics, and cognitive scientists will find in economic behavior, a new testing site for the explanations of cognitive science.
Book Synopsis Society, Economics, and Philosophy by : Michael Polanyi
Download or read book Society, Economics, and Philosophy written by Michael Polanyi and published by Transaction Publishers. This book was released on 2011-12-31 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Society, Economics and Philosophy represents the full range of Polanyi's interests outside of his scientific work: economics, politics, society, philosophy of science, religion and positivist obstacles to it, and art. Polanyi's principal ideas are contained in three essays: on the scientific revolution, the creative imagination and the mind-body relation. Precisely because of Polanyi's work in the physical sciences, his writings have a unique dimension not found in other advocates of the market and too infrequently found even in philosophers of science. Polanyi was a powerful critic of totalitarianism and of the deficiencies of the usual defenses of freedom which helped to prepare the way for it. Freedom, he argued, can be based only upon truth and dedication to transcendent ideals, not upon skepticism, utilitarianism and the liberty of doing merely as one pleases. At a time when easy slogans about socialism were dominant in intellectual circles, epitomized by Sidney and Beatrice Webb, and when calls for the central planning of scientific research were made by such as J.D. Bernal, Polanyi exposed their errors and showed that science can flourish only in a free society. More radically than even von Mises and Hayek, Polanyi showed that an industrial economy can operate only "polycentrically", that central planning is logically impossible, and that what was called by that name in the Soviet Union was in reality no such thing. Likewise, scientific research can proceed, not by a central plan, but only by the spontaneous self-adjustment of separate initiatives to discover a common reality. Against the positivism dominant within philosophy of science, he argued that the notion of reality must be restored and made central. Yet physical sciences, he also argued, are only one branch of science, and the sciences of life and mind are logically richer and more complex and cannot be reduced to the former, nor mind to body or to computers, nor art to its physical bases. This volume makes accessible the most important of those of Polanyi's published articles which were not incorporated into any of his books. It also includes a full bibliography and brief summaries of the articles which were not included, both prepared by the editor, both prepared by the editor, Dr. R.T. Allen, editor of Appraisal, a journal inspired by Polanyi, who has published books and articles on Polanyi, both at home in Britain and abroad.
Book Synopsis The Physics of Wall Street by : James Owen Weatherall
Download or read book The Physics of Wall Street written by James Owen Weatherall and published by Houghton Mifflin Harcourt. This book was released on 2013 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: A young scholar tells the story of the physicists and mathematicians who created the models that have become the basis of modern finance and argues that these models are the "solution" to--not the source of--our current economic woes.
Book Synopsis The Oxford Handbook of Philosophy of Physics by : Robert Batterman
Download or read book The Oxford Handbook of Philosophy of Physics written by Robert Batterman and published by Oxford University Press. This book was released on 2013-03-14 with total page 701 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Oxford Handbook provides an overview of many of the topics that currently engage philosophers of physics. It surveys new issues and the problems that have become a focus of attention in recent years. It also provides up-to-date discussions of the still very important problems that dominated the field in the past. In the late 20th Century, the philosophy of physics was largely focused on orthodox Quantum Mechanics and Relativity Theory. The measurement problem, the question of the possibility of hidden variables, and the nature of quantum locality dominated the literature on the quantum mechanics, whereas questions about relationalism vs. substantivalism, and issues about underdetermination of theories dominated the literature on spacetime. These issues still receive considerable attention from philosophers, but many have shifted their attentions to other questions related to quantum mechanics and to spacetime theories. Quantum field theory has become a major focus, particularly from the point of view of algebraic foundations. Concurrent with these trends, there has been a focus on understanding gauge invariance and symmetries. The philosophy of physics has evolved even further in recent years with attention being paid to theories that, for the most part, were largely ignored in the past. For example, the relationship between thermodynamics and statistical mechanics—-once thought to be a paradigm instance of unproblematic theory reduction—-is now a hotly debated topic. The implicit, and sometimes explicit, reductionist methodology of both philosophers and physicists has been severely criticized and attention has now turned to the explanatory and descriptive roles of "non-fundamental,'' phenomenological theories. This shift of attention includes "old'' theories such as classical mechanics, once deemed to be of little philosophical interest. Furthermore, some philosophers have become more interested in "less fundamental'' contemporary physics such as condensed matter theory. Questions abound with implications for the nature of models, idealizations, and explanation in physics. This Handbook showcases all these aspects of this complex and dynamic discipline.
Book Synopsis Foundations of Complex-system Theories by : Sunny Y. Auyang
Download or read book Foundations of Complex-system Theories written by Sunny Y. Auyang and published by Cambridge University Press. This book was released on 1998 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzes approaches to the study of complexity in the physical, biological, and social sciences.
