Economic Objects And The Objects Of Economics

Author : Peter Róna
Publisher : Springer
ISBN 13 : 3319945297
Total Pages : 196 pages
Book Rating : 4.93/5 ( download)

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Download or read book Economic Objects and the Objects of Economics written by Peter Róna and published by Springer. This book was released on 2018-08-21 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the nature of economic objects that form the subject matter of economics, and studies how they resemble or differ from the objects studied by the natural sciences. It explores the question of whether economic objects created by modern economics sufficiently represent economic reality, and confronts the question whether tools, techniques and the methodology borrowed from the natural sciences are appropriate for the analysis of economic reality. It demonstrates the unsustainability of rational choice theory. It looks at economic agents, such as individuals, groups, legally constituted entities, algorithms, or robots, how they function and how they are represented in economics. The volume further examines the extent, if any, that mathematics can represent the objects of the economy, such as supply and demand, equilibrium, marginal utility, or the money supply as they actually occur in the economy, and as they are represented in economics. Finally, the volume explores whether the subject matter of economics – however defined – is the proper subject of theoretical knowledge, whether economics is an analytic or a descriptive discipline, or if it is more properly seen in the domain of practical reason. Specifically, the book looks at the importance and the ambiguity of the ontology of modern economics, temporality, reflexivity, the question of incommensurability, and their implications for economic policy.

Author : Peter Róna
Publisher : Springer Nature
ISBN 13 : 3030526739
Total Pages : 236 pages
Book Rating : 4.33/5 ( download)

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Download or read book Words, Objects and Events in Economics written by Peter Róna and published by Springer Nature. This book was released on 2020-09-03 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book examines from a variety of perspectives the disappearance of moral content and ethical judgment from the models employed in the formulation of modern economic theory, and some of the papers contain important proposals about how moral judgment could be reintroduced in economic theory. The chapters collected in this volume result from the favorable reception of the first volume of the Virtues in Economics series and represent further contributions to the themes set out in that volume: (i) examining the philosophical and methodological fallacies of this turn in modern economic theory that the removal of the moral motivation of economic agents from modern economic theory has entailed; and (ii) proposing a return descriptive economics as the means with which the moral content of economic life could be restored in economic theory. This book is of interest to researchers and students of the methodology of economics, ethics, philosophers concerned with agency and economists who build economic models that rest in the intention of the agent.

Author : T.W. Hutchison
Publisher : Routledge
ISBN 13 : 1136519254
Total Pages : 199 pages
Book Rating : 4.53/5 ( download)

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Download or read book Positive Economics and Policy Objectives written by T.W. Hutchison and published by Routledge. This book was released on 2013-11-05 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines important issues on the relationship between economics and political values or ideologies, by analysing the main branches of economic theory in an historical perspective and their impact on economic policy. The book is structured as follows: Part I: Positive Economics? 1. The Positive-Normative Distinction in the History of Economic Thought Part II: Policy Objectives 2. The Objectives of Economic Policies: An Historical Review

Author : Adair Turner
Publisher : MIT Press
ISBN 13 : 0262300990
Total Pages : 123 pages
Book Rating : 4.95/5 ( download)

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Download or read book Economics After the Crisis written by Adair Turner and published by MIT Press. This book was released on 2012-03-23 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: A noted economist challenges the fundamental economic assumptions that cast economic growth as the objective and markets as the universally applicable means of achieving it. The global economic crisis of 2008–2009 seemed a crisis not just of economic performance but also of the system's underlying political ideology and economic theory. But a second Great Depression was averted, and the radical shift to New Deal-like economic policies predicted by some never took place. Perhaps the correct response to the crisis is simply careful management of the macroeconomic challenges as we recover, combined with reform of financial regulation to prevent a recurrence. In Economics After the Crisis, Adair Turner offers a strong counterargument to this somewhat complacent view. The crisis of 2008–2009, he writes, should prompt a wide set of challenges to economic and political assumptions and to economic theory. Turner argues that more rapid growth should not be the overriding objective for rich developed countries, that inequality should concern us, that the pre-crisis confidence in financial markets as the means of pursuing objectives was profoundly misplaced.

Author : M. Northrup Buechner
Publisher : Rowman & Littlefield
ISBN 13 : 0761854819
Total Pages : 365 pages
Book Rating : 4.14/5 ( download)

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Download or read book Objective Economics written by M. Northrup Buechner and published by Rowman & Littlefield. This book was released on 2011 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every price is set by someone; this is where economics begins. Building on that fundamental idea and on Ayn Rand's philosophy of Objectivism, Objective Economics transforms economics. The thesis of this book is that Ayn Rand's concept of "objective" is the indispensible base of valid economic thought. Consistently applying this idea across the board, the author reaches a general theory of price for the first time in the history of economic thought. This theory of price then provides a valid base for explaining how a free economy functions. Based on facts everyone knows, presented without graphs or higher mathematics, Objective Economics makes accessible to the intelligent layman a clear understanding of how the economy works. For everyone who found college economics impenetrable--and that is just about everyone--this is the book. The thesis of Objective Economics changes everything about economics, including economics' method, the conception of the economy, the meaning of competition, the idea of price, the nature of business costs, the concept of supply, the concept of demand, the law of supply and demand, the theory of price, and the theory of total national output. Overall, as the result of all the preceding, Objective Economics demonstrates that capitalism is the practical economic system.

Author : David W. Conklin
Publisher : Cambridge University Press
ISBN 13 : 9780521348898
Total Pages : 436 pages
Book Rating : 4.97/5 ( download)

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Download or read book Comparative Economic Systems written by David W. Conklin and published by Cambridge University Press. This book was released on 1991-07-26 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores diverse economic systems and the choices societies must face in determining which economic systems best suit their needs.

Author : Sudipta Sarangi
Publisher : Penguin Enterprise
ISBN 13 : 9780143450375
Total Pages : 296 pages
Book Rating : 4.79/5 ( download)

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Download or read book Economics of Small Things written by Sudipta Sarangi and published by Penguin Enterprise. This book was released on 2020 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are all the good mangoes exported from India? Why should we pay our house help more? Why do we hesitate to reach out for that last piece of cake in a gathering? Are more choices really better? Why do many of us offer a prayer but are reluctant to wear a seatbelt while driving? Are Indians hardwired to get grumpy at a peer's success? What's common between a box of cereal and your résumé? Can economics answer all these questions and more? According to Dr Sudipta Sarangi, the answer is yes. In The Economics of Small Things, Sarangi using a range of everyday objects and common experiences like bringing about lasting societal change through Facebook to historically momentous episodes like the shutting down of telegram services in India offers crisp, easy-to-understand lessons in economics. The book studies the development of familiar cultural practices from India and around the world and links the regular to the esoteric and explains everything from Game Theory to the Cobra Effect without depending on graphs or equations-a modern-day miracle! Through disarmingly simple prose, the book demystifies economic theories, offers delightful insights, and provides nuance without jargon. Each chapter of this book will give you the tools to meaningfully engage with a subject that has long been considered alienating but is unavoidable in its relevance.

Author : Alonzo Potter
Publisher :
ISBN 13 :
Total Pages : 332 pages
Book Rating : 4.68/5 ( download)

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Download or read book Political Economy written by Alonzo Potter and published by . This book was released on 1840 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Terence Wilmot Hutchison
Publisher :
ISBN 13 :
Total Pages : 199 pages
Book Rating : 4.58/5 ( download)

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Download or read book 'Positive' Economics and Policy Objectives written by Terence Wilmot Hutchison and published by . This book was released on 1992 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Robert J. Shiller
Publisher : Princeton University Press
ISBN 13 : 0691212074
Total Pages : 408 pages
Book Rating : 4.74/5 ( download)

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Download or read book Narrative Economics written by Robert J. Shiller and published by Princeton University Press. This book was released on 2020-09-01 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Nobel Prize–winning economist and New York Times bestselling author Robert Shiller, a groundbreaking account of how stories help drive economic events—and why financial panics can spread like epidemic viruses Stories people tell—about financial confidence or panic, housing booms, or Bitcoin—can go viral and powerfully affect economies, but such narratives have traditionally been ignored in economics and finance because they seem anecdotal and unscientific. In this groundbreaking book, Robert Shiller explains why we ignore these stories at our peril—and how we can begin to take them seriously. Using a rich array of examples and data, Shiller argues that studying popular stories that influence individual and collective economic behavior—what he calls "narrative economics"—may vastly improve our ability to predict, prepare for, and lessen the damage of financial crises and other major economic events. The result is nothing less than a new way to think about the economy, economic change, and economics. In a new preface, Shiller reflects on some of the challenges facing narrative economics, discusses the connection between disease epidemics and economic epidemics, and suggests why epidemiology may hold lessons for fighting economic contagions.