A Recent History Of Recognized Economic Thought Contributions Of The Nobel Laureates To Economic Science
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A Recent History of Recognized Economic Thought: Contributions of the Nobel Laureates to Economic Science by Lee H. Dymond Pdf
Since 1969, 75 people have been awarded the Nobel Prize in Economics. Recent Recognized "A History of Economic Thought - Contributions of the Nobel Laureates to Economic Science" describes their major accomplishments in a manner so all readers, regardless of their knowledge of economics, can appreciate the efforts of these scholars and their impact on the development and progress of economic science. Begin with a brief tour of economic thought and the factors that have influenced economic doctrine from the 16th through the 20th century. Then, for each Nobel Laureate, learn about their background and professional affiliations. Complete your understanding of each Laureate's accomplishments with a concise, relatively non-technical summary of their Nobel Prize Lecture.
Nobel Laureates in Economic Sciences by Bernard S. Katz Pdf
This title, first published in 1989, is an in-depth biographical dictionary of the Nobel Laureates in Economic Sciences from 1969 to 1988. Each biographical entry includes a segment on the foundations of their career in the economic sciences, summaries of their most notable discoveries and ideas and other notable contributions. Each entry also includes a selected bibliography for further reading on the individual. This book will be of particular interest to students of the history of economic thought.
Traces the development of modern economic thought and demonstrates how the theories of Nobel Prize-winning economists have significantly altered the economic structure.
The Nobel Laureates: How the World’s Greatest Economic Minds Shaped Modern Thought by Marilu Hurt McCarty Pdf
Paul Samuelson. Milton Friedman. William Sharpe. These are just a few of the elite group of Nobel Laureates who represent innovative economic thought. In The Nobel Laureates, Marilu Hurt McCarty interlaces the extraordinary contributions of these world-class economists with the historical circumstances that motivated them, providing fascinating insight into modern economic thought. More than a chronological sketch of economic developments in the last half of the 20th century, readers will find a thorough examination and explanation of: Limits to rationality, market failure, and the role of government. Financing growth-promoting investments. Reducing risk in a zero-sum game.
Nobel Prize in Economic Sciences by Fouad Sabry Pdf
What is Nobel Memorial Prize in Economic Sciences The Nobel Memorial Prize in Economic Sciences, officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is an economics award funded by Sveriges Riksbank and administered by the Nobel Foundation. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Nobel Memorial Prize in Economic Sciences Chapter 2: Nobel Prize Chapter 3: Daniel McFadden Chapter 4: Oliver E. Williamson Chapter 5: Chicago school of economics Chapter 6: Dale T. Mortensen Chapter 7: Antebellum South Chapter 8: MIT Department of Economics Chapter 9: Bengt Holmström Chapter 10: Robert B. Wilson Chapter 11: Roger Myerson Chapter 12: Robert Fogel Chapter 13: Economic history Chapter 14: Slavery in the United States Chapter 15: Cliometrics Chapter 16: Auxology Chapter 17: Committee for the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel Chapter 18: Douglas Diamond Chapter 19: Guido Imbens Chapter 20: 2022 Nobel Memorial Prize in Economic Sciences Chapter 21: 2019 Nobel Memorial Prize in Economic Sciences (II) Answering the public top questions about nobel memorial prize in economic sciences. (III) Real world examples for the usage of nobel memorial prize in economic sciences in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Nobel Memorial Prize in Economic Sciences.
Roads to Wisdom, Conversations with Ten Nobel Laureates in Economics by Karen Ilse Horn Pdf
This is a beautifully written and engaging book. At its heart is a series of structured interviews with ten Nobel Memorial Laureates in Economics that provide fascinating insights into the main influences on their career paths and pioneering work. Karen Horn is to be applauded, not just for her wide-ranging scholarship and thought-provoking analysis but also for producing a non-technical yet rigorous book which is eminently accessible to non-specialists. In short this an excellent volume which comes highly recommended. Howard R. Vane, Liverpool John Moores University, UK Karen Horn s questions are insightful, her notes are accurate and informative, and her summing up of the central question of creativity that she poses in the book is cogent and to the point. All in all, this book is difficult to put down and I can t imagine any reader who will not fail to learn a great deal about economics along the way. Mark Blaug, University of London and University of Buckingham, UK Karen Horn s remarkable interviews with ten Nobel Laureates explore the conditions required for scientific progress by navigating the roads to wisdom in economic science. How does progress in economic theory come about? Where do path-breaking ideas come from? What is it that has enabled these outstanding scholars to make their substantial contributions? How deep are the footprints of a particular historical situation, how strong the political tide or the state-of-the-art in economics, and how influential is personal history on their individual roads to wisdom? Analytical answers to these fundamental questions are presented in this insightful collection of deep and highly inspiring conversations with Nobel Laureates Paul A. Samuelson, Kenneth J. Arrow, James M. Buchanan, Robert M. Solow, Gary S. Becker, Douglass C. North, Reinhard Selten, George A. Akerlof, Vernon L. Smith and Edmund S. Phelps. Superbly supplemented with concise overviews of the Nobel Laureates lives and works, these fascinating discussions culminate with a comprehensive inquiry into progress in economic theory. As such, this eloquent and highly accessible book will prove to be a compelling read for scholars and students of the discipline, and all those with an interest in economics and the history of economic thought.
Economics Nobel laureates are the pioneers of the science of economics. They are the most brilliant products of the discipline and have made enormous original contributions to the field of economics, and oftentimes history, political science, business, and other subjects. Their works, struggles, successes and failures are fascinating, and readers are given a glimpse into each laureate's life, where and when they were born and raised, what schools they attended, and who influenced their intellectual development. Most importantly, each laureate's often complex corpus of work is described as succinctly as possible without losing the work's original flavor: what it contributed to the field, and how it was received by peers, and how it affected the world. A list of selected further readings concludes each entry, directing the reader to the primary and secondary works essential to understanding the works of these towering figures. Arranged chronologically by year of award, all 44 entries cogently explain the laureate's life's work in language even non-economists can follow. Economists interested in the intellectual history of their discipline, and professors and students of business will find Wahid's book a very useful resource when seeking out the basic outlines of the thoughts of the scholars who have shaped the fields of economic inquiry, practice, and research. Also, any student in the social sciences thumbing through this book will instantly recognize many currents of thought that have influenced the way scholars in their discipline approach their craft.
Lives of the Laureates, sixth edition by Roger W. Spencer,David A. Macpherson Pdf
Autobiographical accounts by Nobel laureates reflect the richness and diversity of contemporary economic thought and offer insights into the creative process. Lives of the Laureates offers readers an informal history of modern economic thought as told through autobiographical essays by twenty-three Nobel Prize laureates in Economics. The essays not only provide unique insights into major economic ideas of our time but also shed light on the processes of intellectual discovery and creativity. The accounts are accessible and engaging, achieving clarity without sacrificing inherently difficult content. This sixth edition adds four recent Nobelists to its pages: Eric Maskin, who illustrates his explanation of mechanism design with an example involving a mother, a cake, and two children; Joseph Stiglitz, who recounts his field's ideological wars linked to policy disputes; Paul Krugman, who describes the insights he gained from studying the model of the Capitol Hill Babysitting Coop (and the recession it suffered when more people wanted to accumulate babysitting coupons than redeem them); and Peter Diamond, who maps his development from student to teacher to policy analyst. Lives of the Laureates grows out of a continuing lecture series at Trinity University in San Antonio, which invites Nobelists from American universities to describe their evolution as economists in personal as well as technical terms. These lectures demonstrate the richness and diversity of contemporary economic thought. The reader will find that paths cross in unexpected ways—that disparate thinkers were often influenced by the same teachers—and that luck as well as hard work plays a role in the process of scientific discovery. The Laureates Lawrence R. Klein • Kenneth J. Arrow • Paul A. Samuelson • Milton Friedman • George J. Stigler • James Tobin • Franco Modigliani • James M. Buchanan • Robert M. Solow • William F. Sharpe • Douglass C. North • Myron S. Scholes • Gary S. Becker • Robert E. Lucas, Jr. • James J. Heckman • Vernon L. Smith • Edward C. Prescott • Thomas C. Schelling • Edmund S. Phelps • Eric S. Maskin • Joseph E. Stiglitz • Paul Krugman • Peter A. Diamond
Lives of the Laureates, seventh edition by Roger W. Spencer,David A. Macpherson Pdf
Autobiographical accounts by Nobel laureates reflect the richness and diversity of contemporary economic thought and offer insights into the creative process; with six new laureates. Lives of the Laureates offers readers an informal history of modern economic thought as told through autobiographical essays by thirty-two Nobel Prize laureates in economics. The essays not only provide unique insights into major economic ideas of our time but also shed light on the processes of intellectual discovery and creativity. The accounts are accessible and engaging, achieving clarity without sacrificing inherently difficult content. This seventh edition adds six Nobelists to its pages: Roger B. Myerson (co-recipient in 2007) describes his evolution as a game theorist and his application of game theory to issues that ranged from electoral systems to perverse incentives; Thomas J. Sargent (co-recipient in 2011), recounts the development of the rational expectations model, which fundamentally changed the policy implications for macroeconomic models; Amartya Sen (recipient in 1998) reflects on his use of a bicycle (later donated to the Nobel Museum) to collect data early in his career; A. Michael Spence (co-recipient in 2001) describes, among other things, his whiplash-inducing first foray into teaching an undergraduate class; Christopher A. Sims (co-recipient in 2011) discusses his “non-Nobel” research; and Alvin E. Roth (co-recipient in 2012) chronicles the “three insurrections” he has witnessed in mainstream economics. Lives of the Laureates grows out of a continuing lecture series at Trinity University in San Antonio, which invites Nobelists from American universities to describe their evolution as economists in personal as well as technical terms. The Laureates W. Arthur Lewis, Lawrence R. Klein, Kenneth J. Arrow, Paul A. Samuelson, Milton Friedman, George J. Stigler, James Tobin, Franco Modigliani, James M. Buchanan, Robert M. Solow, William F. Sharpe, Ronald H. Coase, Douglass C. North, John C. Harsanyi, Myron S. Scholes, Gary S. Becker, Robert E. Lucas, Jr., Vernon L. Smith, Clive W. J. Granger, Edward C. Prescott, Thomas C. Schelling, Edmund S. Phelps, Eric S. Maskin, Joseph E. Stiglitz, Paul Krugman, Peter A. Diamond, Roger B. Myerson, Thomas J. Sargent, Amartya Sen, A. Michael Spence, Christopher A. Sims, Alvin E. Roth
The Nobel Prize Economics Lectures by William J. Zahka Pdf
This work provides brief biographical sketches of the 28 laureates in economics, together with an overview of each of their lectures, accompanied by selected quotes. The book aims to focus attention on how these lectures can be utilized as a source of economic knowledge.
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.
Handbook of the History of Economic Thought by Jürgen Backhaus Pdf
This reader in the history of economic thought challenges the assumption that today’s prevailing economic theories are always the most appropriate ones. As Leland Yeager has pointed out, unlike the scientists of the natural sciences, economists provide their ideas largely to politicians and political appointees who have rather different incentives that might prevent them from choosing the best economic theory. In this book, the life and work of each of the founders of economics is examined by the best available expert on that founding figure. These contributors present rather novel and certainly not mainstream interpretations of the founders of modern economics. The primary theme concerns the development of economic thought as this emerged in the various continental traditions including the Islamic tradition. These continental traditions differed substantially, both substantively and methodologically, from the Anglo-Saxon orientation that has been dominant in the last century for example in the study of public finance or the very construct of the state itself. This books maps the various channels of continental economics, particularly from the late-18th through the early-20th centuries, explaining and demonstrating the underlying unity amid the surface diversity. In particular, the book emphasizes the writings of John Stuart Mill, his predecessor David Ricardo and his follower Jeremy Bentham; the theory of Marginalism by von Thünen, Cournot, and Gossen; the legacy of Karl Marx; the innovations in developmental economics by Friedrich List; the economic and monetary contributions and “struggle of escape” by John Maynard Keynes; the formidable theory in public finance and economics by Joseph Schumpeter; a reinterpretation of Alfred Marshall; Léon Walras, Heinrich von Stackelberg, Knut Wicksell, Werner Sombart, and Friedrich August von Hayek are each dealt with in their own right.
The State of Economic Science by Werner Sichel Pdf
In this collection of essays six noted economists question the state of economic science today. Kenneth J. Arrow focuses on the theories of individual and social choice and general economic equilibrium. Arguing that macroeconomics is the key to understanding the modern economic system, Robert M. Solow provides an historical review of the ideas of macrotheory. Lawrence R. Klein discusses the present state of macroeconomic theory and policy as it relates to econometrics. James Tobin looks at the fundamental issue of macroeconomics: the existence, reliability, strength, and speed of market economy adjustments. Tobin states that a large gap exists between academic macroeconomics and that oriented to contemporary events and policies. In developing a modern theory of public choice, James M. Buchanan also develops contractual and constitutional bases for the theory of political decision making and public economics. Herbert A. Simon remarks on the state of methodology used in, and the future of, economics. Simon believes the methodology is in need of reform and claims that more emphasis should be placed on the prescriptive, rather than on the predictive as a test of science. Recommendations are made by each of the contributors in this discussion of macroeconomic theory, policy, and methodological developments. (NL)
Contributions to the History of Economic Thought by Antoin Murphy,Renee Prendergast Pdf
Featuring original contributions from some of the leading contemporary figures in the history of economic thought, this book offers new perspectives on key topics, from Smith's Wealth of Nations to the Jevonian Revolution. Drawing inspiration from the life and work of R.D.C. Black, formerly Professor of Economics at Queen's University Belfast, this book will be of essential interest to any serious scholar of economic thought.
