Samuelson And Neoclassical Economics

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Samuelson and Neoclassical Economics

G. Feiwel
Samuelson and Neoclassical Economics Book PDF

Author : G. Feiwel
Publisher : Springer Science & Business Media
Page : 366 pages
File Size : 53,8 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789400973770

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Samuelson and Neoclassical Economics by G. Feiwel Pdf

This is not a festschrift, but a study of the prodigious Samuelson phe nomenon, his history-making contributions to and impact on the econom ics of our age, and the intricate, often perplexing, and divergent trends in modern economics - all intensely controversial subjects that will be argued, scrutinized, and periodically reassessed by economists of various strands and traditions for years to come, for, as Samuelson wrote of Pigou, "immortality does have its price. " A scholar with such an out standing body of contributions "must expect other men to swarm about it" (1966, p. 1233), subject it to scholarly scrutiny, and challenge it. Although Paul Samuelson was 65 on May 15, 1980 (and our best wishes go out to him for long life and continued enrichment of economics), this is neither a birthday party nor a gathering of only the Good Fairies, for, as he himself has said of Marx, "a great scholar deserves the compliment of being judged seriously" and critically (1972, p. 268). In accordance with the rule of Roman law, audiatur et altera pars, I have invited representative scholars of widely divergent perceptions to offer their critical evaluation of the "age of Samuelson. " While the response was by and large gratifying, some scholars were unable to meet the deadline, ix x PREFACE and with much compunction I have had to expand my own essays to partly fill the gaps.

The Theory of Value and Distribution in Economics

Pierangelo Garegnani,Paul Samuelson
The Theory of Value and Distribution in Economics Book PDF

Author : Pierangelo Garegnani,Paul Samuelson
Publisher : Routledge
Page : 162 pages
File Size : 51,7 Mb
Release : 2012
Category : Business & Economics
ISBN : 9780415519595

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The Theory of Value and Distribution in Economics by Pierangelo Garegnani,Paul Samuelson Pdf

This new volume explores two alternative economic theories - the classical theory and the marginalist or neoclassical theory- through a discussion between two eminent economists, Pierangelo Garegnani and Paul Samuelson. The key themes of the volume are the difference in approaches to the explanation of the distribution of income and relative prices, and therefore different approaches to all other economic problems, in particular capital accumulation and economic growth. The book discusses whether there is a 'classical' approach to the theory of value and distribution at the core of economic theory that is fundamentally different from the later marginalist or neoclassical theory. In the volume, the late Pierangelo Garegnani argues for the validity of Piero Sraffa's position on this issue, whilst the late noble laureate Paul Samuelson vehemently contests it. At a time of economic crisis, the future of the discipline is far from certain, and so it is extremely important to bring these debates back into the light, by reproducing them together for the first time. A comprehensive introduction by Heinz Kurz sets the debate in this context, and provides crucial background to the arguments.

Science, Rationality, and Neoclassical Economics

L. D. Keita
Science Rationality and Neoclassical Economics Book PDF

Author : L. D. Keita
Publisher : University of Delaware Press
Page : 204 pages
File Size : 41,7 Mb
Release : 1992
Category : Business & Economics
ISBN : 0874134102

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Science, Rationality, and Neoclassical Economics by L. D. Keita Pdf

This work examines the claim to scienific status made by supporters and practitioners of neoclassical economics. The approach taken is that of the history and philosophy of science. Analysis points to the conclusion that theories of economic choice are necessarily normative, essentially because of the nature of human behavior.

Samuelsonian Economics and the Twenty-First Century

Distinguished Professor of Economics Lubin Business School Michael Szenberg,Michael Szenberg,Lall Ramrattan,Aron A. Gottesman
Samuelsonian Economics and the Twenty First Century Book PDF

Author : Distinguished Professor of Economics Lubin Business School Michael Szenberg,Michael Szenberg,Lall Ramrattan,Aron A. Gottesman
Publisher : Oxford University Press
Page : 381 pages
File Size : 54,7 Mb
Release : 2006-08-24
Category : Business & Economics
ISBN : 9780199298822

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Samuelsonian Economics and the Twenty-First Century by Distinguished Professor of Economics Lubin Business School Michael Szenberg,Michael Szenberg,Lall Ramrattan,Aron A. Gottesman Pdf

"The underlying notion in this volume is to spotlight, critically assess, and illuminate Paul A. Samuelson's extraordinarily voluminous, diverse, and groundbreaking contributions that encompass the entire field of economics through the lens of most eminent scholars. All this in honor of his ninetieth birthday celebrated on May 15, 2005 in Fairmont Hotel in Boston in the company of hundreds of scholars and their spouses."--Pref.

Paul Samuelson

Fouad Sabry
Paul Samuelson Book PDF

Author : Fouad Sabry
Publisher : One Billion Knowledgeable
Page : 271 pages
File Size : 52,9 Mb
Release : 2024-02-01
Category : Business & Economics
ISBN : PKEY:6610000518760

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Paul Samuelson by Fouad Sabry Pdf

Who is Paul Samuelson Paul Anthony Samuelson was an American economist who was the first American to win the Nobel Memorial Prize in Economic Sciences. When awarding the prize in 1970, the Swedish Royal Academies stated that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory". Economic historian Randall E. Parker has called him the "Father of Modern Economics", and The New York Times considers him to be the "foremost academic economist of the 20th century." How you will benefit (I) Insights about the following: Chapter 1: Paul Samuelson Chapter 2: James Tobin Chapter 3: Macroeconomics Chapter 4: Neoclassical economics Chapter 5: Robert Solow Chapter 6: Lawrence Klein Chapter 7: Robert Barro Chapter 8: Edmund Phelps Chapter 9: Heterodox economics Chapter 10: Kenneth Binmore Chapter 11: William Nordhaus Chapter 12: Mainstream economics Chapter 13: Evsey Domar Chapter 14: Economics (textbook) Chapter 15: Foundations of Economic Analysis Chapter 16: Neoclassical synthesis Chapter 17: Lorie Tarshis Chapter 18: Keynesian Revolution Chapter 19: History of macroeconomic thought Chapter 20: Bowley's law Chapter 21: Cambridge capital controversy Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information about Paul Samuelson.

Neoclassical Economic Theory, 1870 to 1930

Klaus Hennings,Warren J. Samuels
Neoclassical Economic Theory 1870 to 1930 Book PDF

Author : Klaus Hennings,Warren J. Samuels
Publisher : Springer Science & Business Media
Page : 290 pages
File Size : 51,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789400921818

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Neoclassical Economic Theory, 1870 to 1930 by Klaus Hennings,Warren J. Samuels Pdf

Warren J. Samuels Each book in this series explores the present status of its field in terms of where it is, how it got there, the existing tensions within the field, and something of how the field might develop in the future. Each book presumes that work in each field is neither settled nor unequivocal. Each book attempts to comprehend its field as an evolving, developmental process or set or efforts. This particular book, covering neoclassical economics, is the third of three in the field of the History of Economic Thought. The others are Pre-Classical Economic Thought, edited by S. Todd Lowry, and Classical Political Economy, edited by William O. Thweatt. Each one conducts the same kind of analysis as the others in the series, with the understanding that here we are dealing with the history of interpretation, rather than a substantive body of analysis of a certain aspect of the economy: for example, labor or international trade. (That understanding must be com plex and subtle, inasmuch as revision of interpretation of earlier ideas is part of the process-both cause and consequence-of re-analyzing the economy. ) In this group we are interested in how recent and contemporary writers have interpreted the history of economic thought differently, both among themselves and from earlier writers. 1 NEOCLASSICAL ECONOMIC lHEORY 2 Several topics must be discussed to place such work in perspective, in part as it is here applied to the history of the interpretation of neoclassical economics.

Against Mechanism

Philip Mirowski
Against Mechanism Book PDF

Author : Philip Mirowski
Publisher : Rowman & Littlefield Publishers
Page : 263 pages
File Size : 46,9 Mb
Release : 1992-01-27
Category : Business & Economics
ISBN : 9780742569614

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Against Mechanism by Philip Mirowski Pdf

'...the history of economic theory at its best.'-EASTERN ECONOMIC JOURNAL

Foundations of Economic Method

Lawrence A. Boland
Foundations of Economic Method Book PDF

Author : Lawrence A. Boland
Publisher : Routledge
Page : 375 pages
File Size : 40,8 Mb
Release : 2020-09-23
Category : Business & Economics
ISBN : 9781000159332

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Foundations of Economic Method by Lawrence A. Boland Pdf

Many consider Foundations of Economic Method to be Lawrence Boland's best work. This updated edition is radically changed from the original and will be much appreciated by thinkers within economics. The book positions methodology vis-à-vis the current practice of economists and is all the better for it. Yet another book that not only deserves to be read by those within the field of economic methodology, but also by those involved in economics at all. Boland is back.

Neoclassical Theory Structure and Theory Development

B. Hamminga
Neoclassical Theory Structure and Theory Development Book PDF

Author : B. Hamminga
Publisher : Springer Science & Business Media
Page : 186 pages
File Size : 41,8 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642693496

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Neoclassical Theory Structure and Theory Development by B. Hamminga Pdf

There are quite a lot of recent books on the methodology of economics, but all proceed from one or more of the following three fundamental assumptions: 1) Meta-apriorism: it is a priori believed that the results of the philosophy of science of the past decades, associated with the names of Popper, Kuhn and Lakatos, yield conceptual frameworks that can be used to describe the product of the economist's endeavours. 2) Synchronism: it is believed that the inspection of a "theory" of economics, the presentation of some economic belief at a point in time, reveals its logical structure and ipso facto the "method" by which the "theory" is constructed. 3) CreduZity: it is believed that what economists themselves say on their own methods is true, or at least of primary relevance. In this book, I endeavour to show that these assumptions are false. First, the philosophies of science by Popper, Kuhn and Lakatos did not succeed in constructing a conceptual framework capable of describing theory development in economics. Secondly, this can only be seen as soon as not Zogic but history is taken to be the referee judging the adequacy of metatheories (diachronism). Thirdly the results of metaempiricaZ (not-meta-aprioristic), diachronic (not-synchronic) research reveals that even economists themselves turn out frequently to have inadequate metatheories upon which it is dangerous to rely (suspicion instead of credulity) .

Paul A. Samuelson

Michael Szenberg,Aron A. Gottesman,Lall Ramrattan
Paul A Samuelson Book PDF

Author : Michael Szenberg,Aron A. Gottesman,Lall Ramrattan
Publisher : Jorge Pinto Books Incorporated
Page : 149 pages
File Size : 54,7 Mb
Release : 2005-01
Category : Biography & Autobiography
ISBN : 097426153X

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Paul A. Samuelson by Michael Szenberg,Aron A. Gottesman,Lall Ramrattan Pdf

"This book captures much of the spirit of Paul A. Samuelson. Those who know Samuelson, one of the great economists of the twentieth century, only through his writings may have already sensed his wit, his intellect, his brilliance. This book brings these into focus, through details of his personal history and a wealth of anecdotes from colleagues and students." - Joseph E. Stiglitz (Foreword) "Probably more than anyone else in the twentieth century, he transformed the way economists think and write." - Avinash Dixit "Samuelson set a standard in teaching and citizenship.that few if any will ever match." - Kenneth Rogoff "To know Paul Samuelson is to be engaged in a life-long intellectual conversation with the most important economist of our times." - Richard Zeckhauser About Paul Samuelson: Paul Anthony Samuelson is Institute Professor, Emeritus at Massachusetts Institute of Technology. Born in the American midwest in the first half of the twentieth century, he was a provocative student of Jacob Viner and was later wooed from Harvard to MIT. He developed original methodology and instigated controversies in his profession. Samuelson is the author of the best-selling economics textbook of all time, for which he never received an author's advance payment. He is legendary for his expansive, penetrating, undogmatic thinking and generosity of spirit-to students and colleagues alike. He has contributed to national economic policies and business trends and was the winner of the 1970 Nobel Prize in Economics. Paul Samuelson: On Being an Economist is a concise profile of this original thinker whose forceful, profound, skeptical and expansive intellect drove one of the fundamental transformations of twentieth-century economic theory. About the Authors: Michael Szenberg, Ph.D., Distinguished Professor of Economics and Chair, Finance and Economics Department, Lubin School of Business, Pace University, is editor-in-chief of The American Economist. His books include New Frontiers in Economics, coedited with Lall Ramrattan, with a Foreword by Paul A. Samuelson (Cambridge University Press, 2004). Aron A. Gottesman, Ph.D., Assistant Professor, Finance and Economics Department, Lubin School of Business, Pace University, is coauthor of Insurance Logic, Second Edition (Captus Press, 2005). Lall Ramrattan, Ph.D. teaches Economics at the University of California, Berkeley. His books include Reflections of Eminent Economists, coedited with Michael Szenberg (Elgar Publishing Co., 2004).

Paul Samuelson on the History of Economic Analysis

Paul Anthony Samuelson
Paul Samuelson on the History of Economic Analysis Book PDF

Author : Paul Anthony Samuelson
Publisher : Cambridge University Press
Page : 477 pages
File Size : 44,5 Mb
Release : 2015
Category : Business & Economics
ISBN : 9781107029934

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Paul Samuelson on the History of Economic Analysis by Paul Anthony Samuelson Pdf

This collection of writings by Paul Samuelson illustrates the depth and breadth of his contribution to the history of economics.

Inclusive Economic Theory

Steven Rosefielde,Ralph W Pfouts
Inclusive Economic Theory Book PDF

Author : Steven Rosefielde,Ralph W Pfouts
Publisher : World Scientific
Page : 220 pages
File Size : 47,8 Mb
Release : 2014-11-27
Category : Business & Economics
ISBN : 9789814566667

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Inclusive Economic Theory by Steven Rosefielde,Ralph W Pfouts Pdf

The goal of “Inclusive Economics” is to tie together various authoritative strands of contemporary economic theory into an easily comprehensible whole that illuminates the need for a broader approach to contemporary economic policymaking undistorted by obsolete 18th century rationalist assumptions about utility, ethics, worthiness and traditional culture. This is accomplished by elaborating the rationalist competitive ideal along the optimizing lines pioneered by Paul Samuelson (neoclassical economics); plumbing modifications necessitated by Herbert Simon's realist concepts of “bounded rationality” and “satisficing”; refined further by applying a pragmatist outlook to probe the consequences of relaxing Enlightenment teleological, ethical, spiritual and cultural taboos. The exercise will explain why competitive market economies guided by rational utility-seeking invariably are less productive, efficient, just and beneficent than most theorists concede, and will illuminate the full range of interventions needed to achieve better outcomes. We call this program in its entirety “Inclusive Economics”, including the integration of micro and macroeconomics. Contents:IntroductionNeoclassical Economics:Rational UtilitarianismCompetitive IdealBounded RationalityCore Consumer Behavior Theory: Ideal and RealistProduction and CostsInstitutionsMacroeconomicsGovernanceDemocracyNeo-realist Economics:When Reason FailsWhy Reason Seldom PrevailsDangersOpportunitiesInclusive Economics:Umbrella of Complementary ParadigmsTruthMathematical Appendices:Bergsonian Social Welfare FunctionsIdealist Neoclassical Consumer Utility OptimizationIdealist Neoclassical Production: Multiproduct FirmRealist Profit and Revenue Seeking: Multi-firm Interaction EffectsRealist Retail Satisficing Readership: Undergraduates, graduates, academics and professionals who are interested in economic theory and mathematical economics. Policymakers who are in need of a broad practical approach to contemporary economic policymaking. Keywords:Inclusive Economic Theory;Satisficing;Systems;CultureReviews: “All economists and persons who are interested in economics in a serious fashion should hurry to read this book and think its propositions through.” Daniel Quinn Mills Professor Emeritus Harvard Business School

Why Economics is Not Yet a Science

Alfred S. Eicher
Why Economics is Not Yet a Science Book PDF

Author : Alfred S. Eicher
Publisher : Routledge
Page : 338 pages
File Size : 52,5 Mb
Release : 2019-11-14
Category : Psychology
ISBN : 9781315495958

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Why Economics is Not Yet a Science by Alfred S. Eicher Pdf

First published in 1983. A collection of papers directed at those outside the field of Economics, to open up discussions around the scientific worth of Economics.

Foundations of Economic Method

Lawrence Boland
Foundations of Economic Method Book PDF

Author : Lawrence Boland
Publisher : Routledge
Page : 360 pages
File Size : 41,5 Mb
Release : 2003-12-08
Category : Business & Economics
ISBN : 9781134498086

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Foundations of Economic Method by Lawrence Boland Pdf

Many consider Foundations of Economic Method to be Lawrence Boland's best work. This updated edition is radically changed from the original and will be much appreciated by thinkers within economics. The book positions methodology vis-à-vis the current practice of economists and is all the better for it. Yet another book that not only deserves to be read by those within the field of economic methodology, but also by those involved in economics at all. Boland is back.

Neoclassical Synthesis

Fouad Sabry
Neoclassical Synthesis Book PDF

Author : Fouad Sabry
Publisher : One Billion Knowledgeable
Page : 328 pages
File Size : 46,9 Mb
Release : 2024-02-13
Category : Business & Economics
ISBN : PKEY:6610000532797

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Neoclassical Synthesis by Fouad Sabry Pdf

What is Neoclassical Synthesis The neoclassical synthesis (NCS), Neoclassical-Keynesian Synthesis, or just neo-Keynesianism was a neoclassical economics academic movement and paradigm in economics that worked towards reconciling the macroeconomic thought of John Maynard Keynes in his book The General Theory of Employment, Interest and Money (1936). It was formulated most notably by John Hicks (1937), Franco Modigliani (1944), and Paul Samuelson (1948), who dominated economics in the post-war period and formed the mainstream of macroeconomic thought in the 1950s, 60s, and 70s. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Neoclassical synthesis Chapter 2: Keynesian economics Chapter 3: Macroeconomics Chapter 4: Post-Keynesian economics Chapter 5: IS-LM model Chapter 6: Full employment Chapter 7: New Keynesian economics Chapter 8: Index of economics articles Chapter 9: John Hicks Chapter 10: Classical economics Chapter 11: The General Theory of Employment, Interest and Money Chapter 12: Edmund Phelps Chapter 13: Alvin Hansen Chapter 14: New classical macroeconomics Chapter 15: Paul Davidson (economist) Chapter 16: Paul Samuelson Chapter 17: Keynesian Revolution Chapter 18: History of macroeconomic thought Chapter 19: Disequilibrium macroeconomics Chapter 20: Mr. Keynes and the "Classics" Chapter 21: Marxism and Keynesian economics (II) Answering the public top questions about neoclassical synthesis. (III) Real world examples for the usage of neoclassical synthesis 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 Neoclassical Synthesis.