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Author : Ludwig Von Mises
Publisher : Westport, Conn. : Arlington House
Page : 384 pages
File Size : 43,5 Mb
Release : 1969
Category : Economics
ISBN : OCLC:803029697
Author : Ludwig von Mises
Publisher : VM eBooks
Page : 128 pages
File Size : 55,5 Mb
Release : 2016-11-24
Category : Business & Economics
ISBN : 8210379456XXX
Mortal man does not know how the universe and all that it contains may appear to a superhuman intelligence. Perhaps such an exalted mind is in a position to elaborate a coherent and comprehensive monistic interpretation of all phenomena. Man—up to now, at least—has always gone lamentably amiss in his attempts to bridge the gulf that he sees yawning between mind and matter, between the rider and the horse, between the mason and the stone. It would be preposterous to view this failure as a sufficient demonstration of the soundness of a dualistic philosophy. All that we can infer from it is that science—at least for the time being—must adopt a dualistic approach, less as a philosophical explanation than as a methodological device. Methodological dualism refrains from any proposition concerning essences and metaphysical constructs. It merely takes into account the fact that we do not know how external events—physical, chemical, and physiological—affect human thoughts, ideas, and judgments of value. This ignorance splits the realm of knowledge into two separate fields, the realm of external events, commonly called nature, and the realm of human thought and action. Older ages looked upon the issue from a moral or religious point of view. Materialist monism was rejected as incompatible with the Christian dualism of the Creator and the creation, and of the immortal soul and the mortal body. Determinism was rejected as incompatible with the fundamental principles of morality as well as with the penal code. Most of what was advanced in these controversies to support the respective dogmas was unessential and is irrelevant from the methodological point of view of our day. The determinists did little more than repeat their thesis again and again, without trying to substantiate it. The indeterminists denied their adversaries’ statements but were unable to strike at their weak points. The long debates were not very helpful.
Author : Esben S. Andersen
Publisher : Palgrave Macmillan
Page : 272 pages
File Size : 51,9 Mb
Release : 2011-08-30
Category : Political Science
ISBN : 140399627X
This book examines Schumpeter's dramatic theory of social and economic evolution as the pivot of his life and work, resolving apparent paradoxes and clarifying Schumpeter's challenges to economists and other social scientists.
Author : Jack J Vromen
Publisher : Routledge
Page : 254 pages
File Size : 45,8 Mb
Release : 1995-10-19
Category : Business & Economics
ISBN : 9781134796571
The new institutional economics offers one of the most exciting research agendas in economics today. The book looks at the differences and similarities between the three main approaches.
Author : Geoffrey Martin Hodgson
Publisher : Unknown
Page : 404 pages
File Size : 40,6 Mb
Release : 1993
Category : Business & Economics
ISBN : STANFORD:36105021565937
Economic theory is currently at a crossroads, where many leading mainstream economists are calling for a more realistic and practical orientation for economic science. Indeed, many are suggesting that economics should be reconstructed on evolutionary lines. This book is about the application to economics of evolutionary ideas from biology. It is not about selfish genes or determination of our behavior by genetic code. The idea that evolution supports a laissez-faire policy is rebutted. The conception of evolution as progress toward greater perfection, along with the competitive individualism sometimes inferred from the notion of the "survival of the fittest," is found to be problematic. Hodgson explores the ambiguities inherent in biology and the problems involved in applying ideas of past economic thinkers--including Malthus, Smith, Marx, Marshall, Veblen, Schumpeter, and Hayek--and argues that the new evolutionary economics can learn much from the many differing conceptions of economic evolution. "This is a work of enormous perceptivity and subtlety as well as judiciousness of interpretation and critique . . . [that] establish[es] Hodgson as the leading institutional theorist, and as one of the leading evolutionary theorists, of his generation." --Warren J. Samuels "A daring and successful attempt to expunge the monopoly of reductionist and mechanistic thinking over evolutionary theory . . . a must for anyone who is interested not only in the foundations of economics, but also in the foundations of social theory." --Elias L. Khalil, Ohio State University Geoffrey M. Hodgson is University Lecturer in Economics, Judge Institute for Management Studies, University of Cambridge.
Author : Geoffrey M. Hodgson,Thorbjørn Knudsen
Publisher : University of Chicago Press
Page : 304 pages
File Size : 54,5 Mb
Release : 2010-12-15
Category : Business & Economics
ISBN : 9780226346922
Of paramount importance to the natural sciences, the principles of Darwinism, which involve variation, inheritance, and selection, are increasingly of interest to social scientists as well. But no one has provided a truly rigorous account of how the principles apply to the evolution of human society—until now. In Darwin’s Conjecture, Geoffrey Hodgson and Thorbjørn Knudsen reveal how the British naturalist’s core concepts apply to a wide range of phenomena, including business practices, legal systems, technology, and even science itself. They also critique some prominent objections to applying Darwin to social science, arguing that ultimately Darwinism functions as a general theoretical framework for stimulating further inquiry. Social scientists who adopt a Darwinian approach, they contend, can then use it to frame and help develop new explanatory theories and predictive models. This truly pathbreaking workat long last makes the powerful conceptual tools of Darwin available to the social sciences and will be welcomed by scholars and students from a range of disciplines.
Author : Richard R. Nelson
Publisher : Harvard University Press
Page : 456 pages
File Size : 44,6 Mb
Release : 1985-10-15
Category : Business & Economics
ISBN : 0674041437
This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
Author : Andreas Chai,Chad M. Baum
Publisher : Springer
Page : 189 pages
File Size : 43,7 Mb
Release : 2019-05-11
Category : Business & Economics
ISBN : 9783030024239
The purpose of this contributed volume is to consider how global consumption patterns will develop in the next few decades, and what the consequences of that development will be for the economy, policymakers, and society at large. In the long run, the extent to which economic growth translates into better living conditions strongly depends on how rising affluence and new technologies shape consumer preferences. The ongoing rise in household income in developing countries raises some important questions: Will consumption patterns always continue to expand in the same manner as we have witnessed in the previous two centuries? If not, how might things evolve differently? And what implications would such changes hold for not only our understanding of consumption behavior but also our pursuit of more sustainable societies?
Author : William A. Jackson
Publisher : Edward Elgar Publishing
Page : 281 pages
File Size : 53,7 Mb
Release : 2009
Category : Business & Economics
ISBN : 9781849802116
. . . the book is excellent in setting out and explaining a fundamental critique of economics one moreover that has been missed by most other current critics of the field. Making this case is an achievement. Hopefully, it will have a greater impact than its author probably expects. Journal of Cultural Economics Economics evolved by perfecting the taking of culture out of its reductionist and virtual world. But culture has recently been reintroduced, both as a sphere of application for an otherwise unchanging methodology and as a weak form of acknowledging that the economic alone is inadequate as the basis even for explaining the economy. This volume is an essential critical starting point for understanding the changing relationship between economics and culture and in offering a more satisfactory and stable union between the two. Ben Fine, University of London, UK Economics, Culture and Social Theory examines how culture has been neglected in economic theorising and considers how economics could benefit by incorporating ideas from social and cultural theory. Orthodox economics has prompted a long line of cultural criticism that goes back to the origins of economic theory and extends to recent debates surrounding postmodernism. William A. Jackson discusses the cultural critique of economics, identifies the main arguments, and assesses their implications. Among the topics covered are relativism and realism, idealism and materialism, agency and structure, hermeneutics, semiotics, and cultural evolution. Drawing from varied literatures, notably social and cultural theory, the book stresses the importance of culture for economic behaviour and looks at the prospects for a renewed and culturally informed economics. The book will be invaluable to heterodox economists and to anyone interested in the links between culture and the economy. It takes an interdisciplinary approach, arguing against the isolation of economics, and will therefore hold wide appeal for social scientists working in related fields, as well as for economists specialising in cultural economics and economic methodology.
Author : David Laibman
Publisher : State University of New York Press
Page : 240 pages
File Size : 55,7 Mb
Release : 2024-06-25
Category : Political Science
ISBN : 9780791480854
Blends insights from several disciplines to offer a general theory of social evolution.
Author : Jack J. Vromen
Publisher : Burns & Oates
Page : 245 pages
File Size : 48,6 Mb
Release : 1995
Category : Business & Economics
ISBN : 9780415128124
The new institutional economics offers one of the most exciting research agendas in economics today. Yet can it really explain processes of economic change? Economic Evolution explores three of the main approaches within the new institutional economics: * the new theory of the firm, * Nelson and Winter's evolutionary economics * game theoretic accounts of spontaneous evolution. Close analysis reveals that the approaches differ on such fundamental issues as the meaning of terms like institution' and evolution'. However, the book also uncovers two evolutionary mechanisms that govern processes of economic change in all of these approaches.
Author : Deirdre N. McCloskey
Publisher : Palgrave
Page : 124 pages
File Size : 40,7 Mb
Release : 1987
Category : Econometrics
ISBN : UCAL:B4374063
Author : Kurt Dopfer
Publisher : Physica
Page : 176 pages
File Size : 40,5 Mb
Release : 1996-02-29
Category : Business & Economics
ISBN : STANFORD:36105018363403
This volume on evolutionary approaches to economic development and growth is a member of a family of special volumes that Springer has published on Evolu tionary Economics recently. The present volume has excellent predecessors. There is a special volume on "Evolution in Markets and Institutions", edited by Ulrich Witt, and another on "Evolutionary and Neoclassical Perspectives on Market Structure and Economic Growth", edited by Yannis Katsoulacos. And there are more in the pipeline. The volumes already published reflect the broad ranging interests of evolu tionary economists, and within the scope delineated they are devoted to major research areas of the discipline. The editorial intention behind the venture of special volumes has been to bundle together some of the research areas in order to sharpen the problem focus and to generate research synergies within major research fields. We may, somewhat obviously, define a research field by its research topics. For the present purpose however, we may wish to conceive the research conducted by evolutionary economists as belonging to either a research area that is inspired in its problem perspective by neoclassical economics or to one that is not. The very success of the critique of the neoclassical paradigm relied on a preoccupation with its research scope and questions. Evolutionary econom ics has scored marvelously in challenging major neoclassical stands, and neoclassical economics may never be quite the same in the future.
Author : César A. Hidalgo
Publisher : Unknown
Page : 0 pages
File Size : 42,6 Mb
Release : 2015
Category : Economic development
ISBN : 0241003555
What is economic growth? And why, historically, has it occurred in only a few places? Previous efforts to answer these questions have focused on institutions, geography, finances, and psychology. But MIT professor César Hidalgo argues that in order to fully grasp the nature of economic growth we need to transcend the social sciences and turn to the science of information, networks and complexity. The growth of economies, he explains, is deeply connected with the growth of order - or information. At first glance, the universe seems hostile to order. Thermodynamics dictates that over time, order will disappear. But thermodynamics also has loopholes that promote the growth of information in pockets. Our cities are such pockets where information grows, but they are not all the same. For every Silicon Valley, Tokyo, and London, there are dozens of places with underdeveloped economies. Why does the US economy outstrip Brazil's, and Brazil's that of Chad? Why did the technology corridor along Boston's Route 128 languish while Silicon Valley blossomed? In each case, the key is how people, companies, and the networks they form process information - it is all about their knowledge, knowhow and imagination. As Hidalgo compellingly shows, economies are made of networks of people and society is a collective computer. The problem of economic development is in fact the problem of making these networks more powerful. A radical new interpretation of global economics,Why Information Grows overturns traditional assumptions about the development of economies and the origins of wealth and takes a crucial step toward making economics less the dismal science and more the insightful one.
Author : Dimitris Milonakis,Ben Fine
Publisher : Taylor & Francis
Page : 388 pages
File Size : 51,6 Mb
Release : 2009
Category : Business & Economics
ISBN : 9780415423229
Shows how economics was once rich, diverse, multidimensional and pluralistic. Details how political economy became economics through the desocialisation and dehistoricisation of the dismal science.
