The Evolution Of Modern Economic Theory

Author : Lionel Robbins Baron Robbins
Publisher :
ISBN 13 :
Total Pages : 276 pages
Book Rating : 4.96/5 ( download)

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Download or read book The Evolution of Modern Economic Theory and Other Papers on the History of Economic Thought written by Lionel Robbins Baron Robbins and published by . This book was released on 1970 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Richard R. Nelson
Publisher : Harvard University Press
ISBN 13 : 9780674041431
Total Pages : 456 pages
Book Rating : 4.37/5 ( download)

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Download or read book An Evolutionary Theory of Economic Change written by Richard R. Nelson and published by Harvard University Press. This book was released on 1985-10-15 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Lionel Robbins Baron Robbins
Publisher : Transaction Publishers
ISBN 13 : 0202369641
Total Pages : 268 pages
Book Rating : 4.48/5 ( download)

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Download or read book The Evolution of Modern Economic theory written by Lionel Robbins Baron Robbins and published by Transaction Publishers. This book was released on with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Carl Cone
Publisher : Routledge
ISBN 13 : 1351483250
Total Pages : 265 pages
Book Rating : 4.54/5 ( download)

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Download or read book The Evolution of Modern Economic Theory written by Carl Cone and published by Routledge. This book was released on 2017-09-29 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Lord Robbins
Publisher : Springer
ISBN 13 : 1349008761
Total Pages : 264 pages
Book Rating : 4.66/5 ( download)

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Download or read book The Evolution of Modern Economic Theory written by Lord Robbins and published by Springer. This book was released on 1970-06-18 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : T. Negishi
Publisher : Elsevier
ISBN 13 : 0080508154
Total Pages : 414 pages
Book Rating : 4.53/5 ( download)

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Download or read book History of Economic Theory written by T. Negishi and published by Elsevier. This book was released on 2014-06-28 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Steven Kates
Publisher : Edward Elgar Publishing
ISBN 13 : 1786433575
Total Pages : 264 pages
Book Rating : 4.72/5 ( download)

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Download or read book Classical Economic Theory and the Modern Economy written by Steven Kates and published by Edward Elgar Publishing. This book was released on 2020-06-26 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Sidney Weintraub
Publisher : University of Pennsylvania Press
ISBN 13 : 1512808652
Total Pages : 600 pages
Book Rating : 4.50/5 ( download)

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Download or read book Modern Economic Thought written by Sidney Weintraub and published by University of Pennsylvania Press. This book was released on 2016-11-11 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Dewett K.K. & Navalur M.H.
Publisher : S. Chand Publishing
ISBN 13 : 9788121924634
Total Pages : 992 pages
Book Rating : 4.34/5 ( download)

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Download or read book Modern Economic Theory written by Dewett K.K. & Navalur M.H. and published by S. Chand Publishing. This book was released on 2010 with total page 992 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Phyllis Deane
Publisher : Cambridge University Press
ISBN 13 : 9780521293150
Total Pages : 260 pages
Book Rating : 4.54/5 ( download)

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Download or read book The Evolution of Economic Ideas written by Phyllis Deane and published by Cambridge University Press. This book was released on 1978-10-05 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.