A Conceptual Outline Of Modern Economic Science

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A Conceptual Outline of Modern Economic Science

Author : Lyndon H. LaRouche
Publisher : Unknown
Page : 54 pages
File Size : 49,5 Mb
Release : 1982
Category : Economic history
ISBN : OCLC:35221143

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A Conceptual Outline of Modern Economic Science by Lyndon H. LaRouche Pdf

A Conceptual Outline of Modern Economic Science

Author : Lyndon LaRouche
Publisher : Executive Intelligence Review
Page : 128 pages
File Size : 40,6 Mb
Release : 2024-05-21
Category : Political Science
ISBN : 8210379456XXX

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A Conceptual Outline of Modern Economic Science by Lyndon LaRouche Pdf

Your country or your firm is trying to figure out a strategy for the future? The future is difficult to gauge as technology and circumstances are changing more and more quickly--monetary and statistical metrics are useless bases for decision-making; what seemed valuable yesterday becomes worthless tomorrow. Your time is severely limited. What do you do? For starters, dedicate about 4 hours to reading this book. In it, Lyndon LaRouche, the most successful economist of all time, lays out the negentropic global process which underlies the progress of mankind. Behind the apparent rapid changes in society and economy lies an invariant process which Riemannian analysis makes intelligible. After reading this fairly short book, you will still face problems, but you will see the real basis for making decisions which lead to growth and development of your nation or firm.

The Evolution of Economic Ideas

Author : Phyllis Deane
Publisher : Cambridge University Press
Page : 260 pages
File Size : 43,6 Mb
Release : 1978-10-05
Category : Business & Economics
ISBN : 0521293154

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The Evolution of Economic Ideas by Phyllis Deane Pdf

An introduction to the history of economics for undergraduate students. Puts some of the current theoretical controversies into long-term perspective by tracing their historical antecedents and parallels.

Foundations of Economic Evolution

Author : Carsten Herrmann-Pillath
Publisher : Edward Elgar Publishing
Page : 704 pages
File Size : 53,5 Mb
Release : 2013-01-01
Category : Business & Economics
ISBN : 9781782548362

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Foundations of Economic Evolution by Carsten Herrmann-Pillath Pdf

ÔThis book is an ambitious intellectual enterprise to build a naturalistic foundation for economics, with amazingly vast knowledge of physical, biological, social sciences and philosophy. Readers will discover that approaches and insights emergent in institutional studies, (social)-neuroscience, network theory, ecological economics, bio-culture dualistic evolution, etc. are persuasively placed in a grand unified frame. It is written in a good Hayekian tradition. I recommend this book particularly to young readers who aspire to go beyond a narrowly specified discipline in the age of expanding communicability of knowledge and ideas.Õ Ð Masahiko Aoki, Stanford University, US ÔCarsten Herrmann-PillathÕs new book is an in-depth application of natural philosophy to economics that draws up an entirely new framework for economic analysis. It offers path-breaking insights on the interactions between human economic activity and nature and outlines a convincing solution to the long-standing reductionism controversy. A must-read for everyone interested in the philosophical underpinnings of economics as a science.Õ Ð Ulrich Witt, Max Planck Institute of Economics, Jena, Germany ÔÒBig pictureÓ philosophy of economics drifted into a dull cul-de-sac as it became obsessively focused on falsifiability and rationality. In this book Carsten Herrmann-Pilath pushes the field back onto the open highway by locating economics in the larger frameworks of metaphysics, evolutionary dynamics and information theory. This is large-scale, ambitious synthesis of ideas of the kind we expect from time to time to see devoted to physics and biology. Why should economics merit anything less? But of course this kind of intellectual tapestry must await the appearance of an unusually devoted scholar with special patience and eccentric independence from the pressure for quick returns that characterizes academic life. In the person of Hermann-Pilath this scholar has appeared. No one who wants to examine economics whole and in its richest context should miss his virtuoso performance in this book.Õ Ð Don Ross, University of Cape Town, South Africa and Georgia State University, US ÔHerrmann-PillathÕs work attempts to bring to bear upon the discipline of economics perspectives from other discourses which have been burgeoning recently Ð namely, thermodynamics, evolutionary biology, and semiotics, aiming at a consilience contextualized by economic activity and problems. This marks the work as a contemporary example of natural philosophy, which is now at the doorstep of a revival. The overall perspective is that human economic activity is an aspect of the ecology of the earthÕs surface, viewing it as an evolving physical system mediated through distributed mentality as expressed in technology evolution. Knowledge is taken to be ÔphysicalÕ with a performative function, as in PeirceÕs pragmaticism. Thus, the social meanings of expectations, prices, and credit are found to be rooted in energy flows. The work draws its foundation from Hegel and C.S. Peirce and its immediate guidance from Hayek, Veblen and Georescu-Roegen. The author generates an energetic theory of economic growth, guided by OdumÕs maximum power principle. Economic discourse itself is reworked in the final chapter, in light of the examinations of the previous chapters, naturalizing economics within an extremely powerful contemporary framework.Õ Ð Stanley N. Salthe, Binghamton University, US ÔAn Oscar-winning performance in the Òtheatre of consilience.Ó ItÕs hard to know which to praise first: Carsten Herrmann-PillathÕs humility or his ambition. He says his book Òis not a great intellectual featÓ because he pursues the Òhumble taskÓ of putting together Òthe ideas of others.Ó When he finally gets to economics he tries to Òbe as simple as possibleÓ and to conceive of economics in terms of the basics, at Òundergraduate level, so to say.Ó On the other hand, the scale of his ambition is to rethink the foundations of economics from first principles, while, at the same time, holding a running dialogue between contemporary sciences and classic philosophy. HeÕs much too modest, of course, because Foundations is a major achievement, but his modesty points to what makes it such a powerful treatise: the book is not about his preferences or prejudices; it is a Òscientific approach that aims at establishing truthful propositions about reality.Ó That is much harder to achieve than grand theories or Òcomplicated mathematics,Ó because it amounts to a new modern synthesis of the field Ð an achievement on a par with Julian HuxleyÕs, whose own modern synthesis of evolutionary theories in the 1940s allowed for the explosive growth of the biosciences over the next decades. The structure of the book is simple enough, providing a framework for the Ònaturalistic turnÓ in economics. Starting from material existence, causation and evolution, Herrmann-Pillath takes us through four fundamental concepts Ð individuals, networks, institutions and technology Ð before coming finally to the Òrealm of economics proper,Ó i.e. markets. However, Herrmann-Pillath believes that the Òfoundations of economics cannot be found within economicsÓ but only in dialogue with other sciences, or what he calls the Òtheatre of consilience.Ó ItÕs a theatre in which various characters come and go, where dialogue ebbs and flows, conflicts arise and are resolved, and where individual actions can be seen as concepts as, leading to higher levels of meaning as the plot unfolds. The magic of theatre, of course, is that the point of intelligibility, where the characters, actions and narrative resolve into meaningfulness, is projected out of the drama itself, into the spectator. ThatÕs you, dear reader. So it is with economics as a discipline. Economics is a player in a much larger performance about what constitutes knowledge, and how we know that. It is also a player in the economy it seeks to explain. To understand why money, firms, growth, prices, markets and other staples of economic thought emerge and function the way they do, it is necessary situate the analysis beyond economics (and the economy), and to engage with developments across the human, evolutionary and complexity sciences. This is what Herrmann-Pillath does, analyzing a breathtaking range of illuminating and sometimes challenging work along the way. We are treated to new ideas about the externalized brain, the evolution of knowledge in the Earth System (i.e. not just among humans), the role of signs and performativity in these processes, as well as that of Òenergetic transformations.Ó But Herrmann-Pillath is not satisfied with the ÒmodestÓ task of bringing the best of modern scientific thought to bear on economic concepts and performances; he really does harbor a deeper purpose. The clue is in his apparently quixotic desire to hang on to philosophical insights associated with pre-evolutionary thinkers like Aristotle and Hegel, and his apparently eccentric desire to place the semiotic philosophy of C.S. Pierce at center stage. But the patient observer will see that he is not seeking to change the facts by imposing idealist notions on them after the event. Instead, he is arguing for a change in the way we perform ourselves in the face of these facts. He is looking for a modern-day equivalent of Confucius or Socrates: one who can imagine values and beliefs that Òdefine the human species in a new way.Ó For those who have eyes to see, as the drama unfolds, it may be that we have found such a figure in Carsten Herrmann-Pillath himself, modesty, ambition and all. This is ÒCultural ScienceÓ as it should be done.Õ Ð John Hartley, Curtin University, Australia and Cardiff University, UK

An Outline of the History of Economic Thought

Author : Ernesto Screpanti,Stefano Zamagni
Publisher : Oxford University Press on Demand
Page : 578 pages
File Size : 43,8 Mb
Release : 2005
Category : Business & Economics
ISBN : 9780199279135

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An Outline of the History of Economic Thought by Ernesto Screpanti,Stefano Zamagni Pdf

This book provides a comprehensive and analytical overview of the development of economic theory from its beginnings, at the end of the Middle Ages, up to contemporary contributions. Traditional theories are presented as living matter, and modern theories are presented as part of a historicalprocess and not as established truths. In this way, the book avoids the dangerous dichotomy between pure historians of thought who dedicate themselves exclusively to studying facts, and pure theorists who are interested in the evolution of the logical structure of theories. The second edition contains several changes and additions. The authors give due consideration to the "civil economy" perspective developed during Humanism and the Renaissance. The section on Adam Smith has been considerably extended and improved. The treatment of the post-keynesian approach hasbeen separated from "new keynesian macroeconomics". Finally, a new chapter has been added to review the most recent developments in the economic discourse in the light of globalization and the new technological trajectory.

The Science of Wealth

Author : Tony Aspromourgos
Publisher : Routledge
Page : 416 pages
File Size : 41,7 Mb
Release : 2008-09-18
Category : Business & Economics
ISBN : 9781134041121

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The Science of Wealth by Tony Aspromourgos Pdf

This study clarifies the character of 'political economy' as a distinct and separable intellectual discipline in the generic sense, in the texts of Adam Smith. It focuses upon the scope and fundamental conceptualizations of the new science. Smith's conceptualization of economic analysis is shown to constitute a unified intellectual piece for understanding economic society and its dynamics. Smith's fundamental economic language is exhaustively examined, in all his texts, with a view to clarifying the meaning of the basic concepts of his system. As well, the 'prehistories' of those concepts, in literature prior to Smith, back to the earliest times, are quite comprehensively treated, thereby placing his political economy in its larger historical context and conveying a rich sense of the history of these ideas over the whole course of our civilization. A quite complete account of Smith's economics as a whole is also entailed by this undertaking: his key substantive economic doctrines are thoroughly considered as well, and all the elements of his economic theory receive attention. To that extent, notwithstanding the focus on concepts, an interpretation of the substance of Smith's political economy is also provided. This focus is partly motivated by the view that Smith's intellectual triumph in the history of social science is not so much about the success of specific doctrines. His more considerable theoretical success is at a deeper level: gaining a wide and long-lasting acquiescence in the conceptual universe framed by the fundamental structures of his system, for a newly emerging discipline. Those who subsequently contested Smithian doctrine did so within Smith's framework; they did so 'on his terms'. While the book's primary purpose is to reconstruct the character of Smith's political economy as a distinct intellectual enterprise, it also addresses its relevance to modern economics, and to policy and practice in contemporary liberal society.

Modern Economic Thought

Author : Allan Garfield Gruchy
Publisher : New York : A. M. Kelley
Page : 696 pages
File Size : 43,9 Mb
Release : 1967
Category : Business & Economics
ISBN : UCAL:B4149575

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Modern Economic Thought by Allan Garfield Gruchy Pdf

The Crisis of Vision in Modern Economic Thought

Author : Robert L. Heilbroner,William S. Milberg
Publisher : Cambridge University Press
Page : 148 pages
File Size : 40,5 Mb
Release : 1996-01-26
Category : Political Science
ISBN : 0521497140

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The Crisis of Vision in Modern Economic Thought by Robert L. Heilbroner,William S. Milberg Pdf

A deep and widespread crisis affects modern economic theory, a crisis that derives from the absence of a "vision"--a set of widely shared political and social preconceptions--on which all economics ultimately depends. This absence, in turn, reflects the collapse of the Keynesian view that provided such a foundation from 1940 through the early 1970s, comparable to earlier visions provided by Smith, Ricardo, Mill, and Marshall. The "unraveling" of Keynesianism has been followed by a division into discordant and ineffective camps whose common denominator seems to be their shared analytical refinement and lack of practical applicability. This provocative analysis attempts both to describe this state of affairs, and to suggest the direction in which economic thinking must move if it is to regain the relevance and remedial power it now pointedly lacks.

The Structure of Economic Science

Author : Sherman Roy Krupp
Publisher : Englewood Cliffs, N.J., Prentice-Hall
Page : 296 pages
File Size : 44,6 Mb
Release : 1966
Category : Economics
ISBN : MINN:31951001511724H

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The Structure of Economic Science by Sherman Roy Krupp Pdf

Theory and dispute in economics; Methematics and observation in economics; The boundaries of economic theory; Value premises in economics.

Contributions to Modern Economics

Author : Joan Robinson
Publisher : Academic Press
Page : 296 pages
File Size : 52,5 Mb
Release : 2014-05-10
Category : Business & Economics
ISBN : 9781483263236

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Contributions to Modern Economics by Joan Robinson Pdf

Contributions to Modern Economics includes contributions to two great intellectual upheavals in economic theory: the Keynesian Revolution and the revival of the classical theory of profits led by Piero Sraffa. The formation of prices in capitalist and socialist economies and of international trade is also discussed. The evolution of these ideas is linked to the personal and historical events that influenced them. Comprised of 24 chapters, this book begins by describing the second crisis of economic theory, which is related to the first crisis — the great slump of the 1930s. The reader is then introduced to the theory of money and the analysis of output; obstacles to full employment; and the concept of hoarding. Subsequent chapters explore capital, profits, and prices, with emphasis on the theory of capital, imperfect competition, and the theory of value. International trade, capitalism, and beggar-my-neighbor remedies for unemployment are also examined. This monograph should be of interest to economists.

Modern Economic Theory

Author : Dewett K.K. & Navalur M.H.
Publisher : S. Chand Publishing
Page : 992 pages
File Size : 52,5 Mb
Release : 2010
Category : Banks and banking
ISBN : 8121924634

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Modern Economic Theory by Dewett K.K. & Navalur M.H. Pdf

Modern Economic Theory is a critique on how monetary revolution across the globe is changing the course of world economies, financial systems and markets. Beginning with discussion on price theory and microeconomics, this classic textbook progresses to describe comprehensively, theory of income and employability or macroeconomics, money and banking, international economies and public finance. Economic systems, economics of development and planning and economies of welfare provide a clear idea about recent developments in and criticism of compensation principle, market structures and social welfare. It adequately meets the requirements of the BA and B.Com courses (Pass and Honours). In addition, postgraduate students of Arts and Commerce and aspirants of various competitive examinations will also find the book very useful and informative.

Postmodern Moments in Modern Economics

Author : David F. Ruccio,Jack Amariglio
Publisher : Princeton University Press
Page : 428 pages
File Size : 54,7 Mb
Release : 2003
Category : Business & Economics
ISBN : 0691058709

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Postmodern Moments in Modern Economics by David F. Ruccio,Jack Amariglio Pdf

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A Modern Reader in Institutional and Evolutionary Economics

Author : Geoffrey Martin Hodgson,European Association for Evolutionary Political Economy
Publisher : Edward Elgar Publishing
Page : 239 pages
File Size : 45,9 Mb
Release : 2002-01-01
Category : Business & Economics
ISBN : 9781843765554

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A Modern Reader in Institutional and Evolutionary Economics by Geoffrey Martin Hodgson,European Association for Evolutionary Political Economy Pdf

In the 1990s, institutional and evolutionary economics emerged as one of the most creative and successful approaches in the modern social sciences. This timely reader gathers together seminal contributions from leading international authors in the field of institutional and evolutionary economics including Eileen Appelbaum, Benjamin Coriat, Giovanni Dosi, Sheila C. Dow, Bengt-Åke Lundvall, Uskali Mäki, Bart Nooteboom and Marc R. Tool. The emphasis is on key concepts such as learning, trust, power, pricing and markets, with some essays devoted to methodology and others to the comparison of different forms of capitalism. An extensive introduction places the contributions in the context of the historical and theoretical background of recent developments in economics and the social sciences. Essential reading for lecturers, researchers, graduates and advanced undergraduates in economics, business studies and sociology, this diverse yet complementary collection of essays will also find a broad readership amongst those wanting to understand the manifest changes apparent within modern socio-economic systems.

Modern Economic Thought

Author : Sidney Weintraub
Publisher : University of Pennsylvania Press
Page : 600 pages
File Size : 54,8 Mb
Release : 2016-11-11
Category : Business & Economics
ISBN : 9781512808650

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Modern Economic Thought by Sidney Weintraub Pdf

This book is a volume in the Penn Press Anniversary Collection. To mark its 125th anniversary in 2015, the University of Pennsylvania Press rereleased more than 1,100 titles from Penn Press's distinguished backlist from 1899-1999 that had fallen out of print. Spanning an entire century, the Anniversary Collection offers peer-reviewed scholarship in a wide range of subject areas.

Evolutionary Foundations of Economic Science

Author : Yuji Aruka
Publisher : Springer
Page : 219 pages
File Size : 43,8 Mb
Release : 2014-10-04
Category : Business & Economics
ISBN : 9784431548447

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Evolutionary Foundations of Economic Science by Yuji Aruka Pdf

This book aims to discern and distinguish the essential features of basic economic theories and compare them with new theories that have arisen in recent years. The book focuses on seminal economic ideas and theories developed mainly in the 1930s to 1950s because their emergence eventually led to new branches of economics. The book describes an alternative analytical framework spreading through the interdisciplinary fields of socioeconophysics and sociodynamics. The focus is on a set of branching or critical points that separate what has gone before from what has followed. W. Brian Arthur used the term “redomaining” when he referred to technological innovation. In the present volume the author aims to re domain economic theories suited for a new social order. Major technological innovations accompany not only changes in the economy and the market but changes in their meaning as well. In particular, the evolution of trading technology has changed the meaning of the “invisible hand.” At the end of the last century, the advent of socioeconophysics became a decisive factor in the emergence of a new economic science. This emergence has coincided with changes in the implications of the economy and the market, which consequently require a redomaining of economic science. In this new enterprise, the joint efforts of many scientists outside traditional economics have brought brilliant achievements such as power law distribution and network analysis, among others. However, the more diverse the backgrounds of economic scientists, the less integrated the common views among them may be, resulting in a sometimes perplexing potpourri of economic terminology. This book helps to mitigate those differences, shedding light on current alternative economic theories and how they have evolved.