The Evolution Of Modern Economic Theory

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The Evolution of Modern Economic theory

Author : Lionel Robbins Baron Robbins
Publisher : Transaction Publishers
Page : 268 pages
File Size : 40,9 Mb
Release : 2024-06-28
Category : Electronic
ISBN : 9780202369648

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The Evolution of Modern Economic theory by Lionel Robbins Baron Robbins Pdf

The Evolution of Modern Economic Theory

Author : Carl Cone
Publisher : Routledge
Page : 265 pages
File Size : 46,8 Mb
Release : 2017-09-29
Category : Business & Economics
ISBN : 9781351483254

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The Evolution of Modern Economic Theory by Carl Cone Pdf

The long paper which gives the title to this collection and which has never before been published as paperback was initially an attempt to promote international academic understanding. The Economics Department at the London School of Economics had arranged a colloquy between two groups of Russian and British economists; and where the author asked to contribute a general survey of the present state of economic theory as taught in Western centers. For reasons, which are explained in the opening section, the author decided to adopt an historical approach; and the notes on which the present paper is based were the result.The remainders of the papers have as their common denominator a continuing interest in the history of economic thought. Beginning with a lengthy critique of Schumpeter's magisterial History of Economic Analysis, they range from an appraisal of Bentham's continuing relevance to a review of Robertson's Lectures on Economic Principles, with some special attention to John Stuart Mill both as a human being and as an economist. They have been written at various times in the last thirty-five years; and minute scrutiny, if such were thought to be worthwhile--which of course it is not--might detect some variations of emphasis, particularly perhaps in the implicit valuations of Marshall and his contribution, in the papers on Wicksteed and Schumpeter's History respectively. But in spite of a certain shift of perspective here, the author thought it worthwhile to attempt substantial redrafting.Apart from the correction of obvious inelegances or actual errors, the excision of some duplicating quotations and, in a few cases, the addition of supplementary material and references, the papers are reproduced as originally written. In each instance the author has given footnote acknowledgements of the place of original publication.

The Evolution of Modern Economic Theory

Author : Lord Robbins
Publisher : Springer
Page : 264 pages
File Size : 50,6 Mb
Release : 1970-06-18
Category : Business & Economics
ISBN : 9781349008766

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The Evolution of Modern Economic Theory by Lord Robbins Pdf

An Evolutionary Theory of Economic Change

Author : Richard R. Nelson
Publisher : Harvard University Press
Page : 456 pages
File Size : 55,7 Mb
Release : 1985-10-15
Category : Business & Economics
ISBN : 0674041437

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An Evolutionary Theory of Economic Change by Richard R. Nelson Pdf

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.

Classical Economic Theory and the Modern Economy

Author : Steven Kates
Publisher : Edward Elgar Publishing
Page : 264 pages
File Size : 54,6 Mb
Release : 2020-06-26
Category : Business & Economics
ISBN : 9781786433572

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Classical Economic Theory and the Modern Economy by Steven Kates Pdf

Economic theory reached its zenith of analytical power and depth of understanding in the middle of the nineteenth century among John Stuart Mill and his contemporaries. This book explains what took place in the ensuing Marginal Revolution and Keynesian Revolution that left economists less able to understand how economies operate. It explores the false mythology that has obscured the arguments of classical economists, providing a pathway into the theory they developed.

The Evolution of Economic Ideas

Author : Phyllis Deane
Publisher : Cambridge University Press
Page : 260 pages
File Size : 51,8 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.

Modern Economic Theory

Author : Dewett K.K. & Navalur M.H.
Publisher : S. Chand Publishing
Page : 992 pages
File Size : 42,9 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.

Contributions to Modern Economics

Author : Joan Robinson
Publisher : Academic Press
Page : 297 pages
File Size : 44,7 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 Thought

Author : Sidney Weintraub
Publisher : University of Pennsylvania Press
Page : 600 pages
File Size : 46,7 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.

History of Economic Theory

Author : T. Negishi
Publisher : Elsevier
Page : 410 pages
File Size : 43,7 Mb
Release : 2014-06-28
Category : Business & Economics
ISBN : 9780080508153

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History of Economic Theory by T. Negishi Pdf

This volume aims to interest students of modern economic theory in the history of economics. For this purpose, past economic theories are considered from the point of view of current economic theories and translated, if possible and necessary, into mathematical models. It is emphasized that the currently dominating mainstream theory is not the only possible theory, and that there are many past theories which have important significance to the advancement of economic theory in the present situation, or will have it in the near future. After a brief discussion on the history of economics from the point of view of contemporary economic theory, a bird's-eye view of the historical development of economics is given so that readers can see the significance of topics to be discussed in subsequent chapters in a proper historical perspective. These topics are carefully chosen to show not only what great economists in the past contributed to the development of economics, but also what suggestions for solving our own current problems we can obtain by reworking problems they had to face. The book can be used in advanced undergraduate as well as graduate classes on the history of economics. Mathematical techniques used can easily be understood by advanced undergraduates of economics major, since some models constructed originally by contemporary mathematical economists are carefully reformulated without losing the essence, basic calculus and the rudiments of linear algebra being sufficient for understanding.

A History of Economic Theory and Method

Author : Robert B. Ekelund, Jr.,Robert F. Hébert
Publisher : Waveland Press
Page : 753 pages
File Size : 46,5 Mb
Release : 2013-08-30
Category : Business & Economics
ISBN : 9781478611066

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A History of Economic Theory and Method by Robert B. Ekelund, Jr.,Robert F. Hébert Pdf

Known for its clarity, comprehensiveness, and balance, the latest edition of A History of Economic Theory and Method continues that tradition of excellence. Ekelund and Hébert’s survey provides historical and international contexts for how economic models have served social needs throughout the centuries—beginning with the ancient Greeks through the present time. The authors not only trace ideas that have persisted but skillfully demonstrate that past, discredited ideas also have a way of spawning critical thinking and encouraging new directions in economic analysis. Coverage that distinguishes the Sixth Edition from its predecessors includes a detailed analysis of economic solutions by John Stuart Mill and Edwin Chadwick to problems raised by the Industrial Revolution; the role of psychology and “experiments” in understanding demand and consumer behavior; discussions of modern economic theory as it interrelates with other social sciences; and a close look at the historical development of the critical role of entrepreneurship, both in its productive and unproductive variants. The authors’ creative approach gives readers a feel for the thought processes of the great minds in economics and underscores key ideas impacting contemporary thought and practice. Well-crafted discussions are further enriched by absorbing examples and figures. Thorough suggested reading lists give options for more in-depth explorations by interested readers.

A Select Bibliography of Modern Economic Theory, 1870-1929

Author : Harold E. Batson
Publisher : Psychology Press
Page : 246 pages
File Size : 47,8 Mb
Release : 2003
Category : Business & Economics
ISBN : 041531321X

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A Select Bibliography of Modern Economic Theory, 1870-1929 by Harold E. Batson Pdf

The first part of the work is a series of select bibliographies of the different branches of theory. The second part covers a series of bibliographies of the works of key authors.

Alfred Marshall and Modern Economics

Author : N. Hart
Publisher : Springer
Page : 390 pages
File Size : 46,8 Mb
Release : 2013-03-25
Category : Business & Economics
ISBN : 9781137029751

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Alfred Marshall and Modern Economics by N. Hart Pdf

Alfred Marshall and Modern Economics re-examines Marshall's legacy and relevance to modern economic analysis with the more settled conventional wisdom concerning evolutionary processes allowing advances in economic theorising which were not possible in Marshall's life time.

Modern Economic Classics-Evaluations Through Time

Author : Bernard S. Katz,Ronald E. Robbins
Publisher : Routledge
Page : 550 pages
File Size : 43,9 Mb
Release : 2017-02-03
Category : Business & Economics
ISBN : 9781351982382

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Modern Economic Classics-Evaluations Through Time by Bernard S. Katz,Ronald E. Robbins Pdf

In this book, first published in 1988, the editors have included the reviews of thirteen classic works on economic theory, empirical economic studies, political economy and management. Each major work was chosen due to its contribution in shaping our current knowledge and perspectives, and each essay is commented on by important critics in different eras. This title will be of interest to students of economic thought.