Download or read book Three Essays on the State of Economic Science written by Tjalling Charles Koopmans and published by A. M. Kelley. This book was released on 1991 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Theory and Cognitive Science written by Don Ross and published by MIT Press. This book was released on 2005 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: A hilariously funny cookbook–cum–how–I–did–it memoir by the chef/restaurateur who created New York's dazzling Ápizz restaurant. At the age of thirty–seven, John LaFemina left a lucrative career as a jeweler to become a chef. Instead of going back to school, or getting on–the–job training, he did it the hard way: he bought the restaurant and then taught himself to cook. Today he owns two of New York's great Italian restaurants–Ápizz and Peasant–and is one of the city's most–talked–about chefs, earning rave reviews from fans and critics. In this gorgeous cookbook, he not only shares scores of recipes, but describes his life as a Canarsie boy learning about meatballs and macaroni in his mother's kitchen–and reveals how he drew on a lifetime of Italian cooking, and his own hard work and exquisite taste to create his dream restaurant from scratch. LaFemina takes us step–by–step through the process of finding the perfect location (and figuring out how many meatballs you have to sell to pay the rent), designing a restaurant, procuring all the necessary permits and licenses, and creating the menu. And this is just the first part of running a restaurant. He shares his experiences in dealing with the public and the press, unexpected disasters, and finally, basking in the glory of a popular restaurant. Along with his inspiring story, John LaFemina also shares 100 mouthwatering recipes, including: Lasagna with Braised Wild Boar Mushroom Risotto Veal, Beef, and Pork Meatballs with Ricotta Filling Open Ravioli with Roasted Butternut Squash Creamsicle Panna Cotta Chocolate Banana Bread Pudding
Download or read book Economic Science Fictions written by William Davies and published by MIT Press. This book was released on 2018-05-04 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: An innovative new anthology exploring how science fiction can motivate new approaches to economics. From the libertarian economics of Ayn Rand to Aldous Huxley's consumerist dystopias, economics and science fiction have often orbited each other. In Economic Science Fictions, editor William Davies has deliberately merged the two worlds, asking how we might harness the power of the utopian imagination to revitalize economic thinking. Rooted in the sense that our current economic reality is no longer credible or viable, this collection treats our economy as a series of fictions and science fiction as a means of anticipating different economic futures. It asks how science fiction can motivate new approaches to economics and provides surprising new syntheses, merging social science with fiction, design with politics, scholarship with experimental forms. With an opening chapter from Ha-Joon Chang as well as theory, short stories, and reflections on design, this book from Goldsmiths Press challenges and changes the notion that economics and science fiction are worlds apart. The result is a wealth of fresh and unusual perspectives for anyone who believes the economy is too important to be left solely to economists. Contributors AUDINT, Khairani Barokka, Carina Brand, Ha-Joon Chang, Miriam Cherry, William Davies, Mark Fisher, Dan Gavshon-Brady and James Pockson, Owen Hatherley, Laura Horn, Tim Jackson, Mark Johnson, Bastien Kerspern, Nora O Murchú, Tobias Revell et al., Judy Thorne, Sherryl Vint, Joseph Walton, Brian Willems
Download or read book How Economics Shapes Science written by Paula Stephan and published by Harvard University Press. This book was released on 2015-09-07 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: The beauty of science may be pure and eternal, but the practice of science costs money. And scientists, being human, respond to incentives and costs, in money and glory. Choosing a research topic, deciding what papers to write and where to publish them, sticking with a familiar area or going into something new—the payoff may be tenure or a job at a highly ranked university or a prestigious award or a bump in salary. The risk may be not getting any of that. At a time when science is seen as an engine of economic growth, Paula Stephan brings a keen understanding of the ongoing cost-benefit calculations made by individuals and institutions as they compete for resources and reputation. She shows how universities offload risks by increasing the percentage of non-tenure-track faculty, requiring tenured faculty to pay salaries from outside grants, and staffing labs with foreign workers on temporary visas. With funding tight, investigators pursue safe projects rather than less fundable ones with uncertain but potentially path-breaking outcomes. Career prospects in science are increasingly dismal for the young because of ever-lengthening apprenticeships, scarcity of permanent academic positions, and the difficulty of getting funded. Vivid, thorough, and bold, How Economics Shapes Science highlights the growing gap between the haves and have-nots—especially the vast imbalance between the biomedical sciences and physics/engineering—and offers a persuasive vision of a more productive, more creative research system that would lead and benefit the world.
Download or read book The State of Economic Science written by Werner Sichel and published by W E Upjohn Inst for. This book was released on 1989 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this collection of essays six noted economists question the state of economic science today. Kenneth J. Arrow focuses on the theories of individual and social choice and general economic equilibrium. Arguing that macroeconomics is the key to understanding the modern economic system, Robert M. Solow provides an historical review of the ideas of macrotheory. Lawrence R. Klein discusses the present state of macroeconomic theory and policy as it relates to econometrics. James Tobin looks at the fundamental issue of macroeconomics: the existence, reliability, strength, and speed of market economy adjustments. Tobin states that a large gap exists between academic macroeconomics and that oriented to contemporary events and policies. In developing a modern theory of public choice, James M. Buchanan also develops contractual and constitutional bases for the theory of political decision making and public economics. Herbert A. Simon remarks on the state of methodology used in, and the future of, economics. Simon believes the methodology is in need of reform and claims that more emphasis should be placed on the prescriptive, rather than on the predictive as a test of science. Recommendations are made by each of the contributors in this discussion of macroeconomic theory, policy, and methodological developments. (NL)
Download or read book The Limits of Economic Science written by R.B. McKenzie and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this volume were a challenge to me to write. I am an economist to the core, inclined to evaluate most observed behavior and public policies with conventional neoclassical theory. The essays represent my attempt to come to grips with the meaning and importance of what I try to do as a professional economist. They reflect my attempt to acquire a new and improved understanding of the usefulness and limitations of the writings of professional economists, especially my own. In this regard, although I hope others will find the thoughts useful, the volume represents a personal statement of how one economist views his and others' work. For that reason the discussion is often openly normative, tinged with the conviction that social discourse is more than costs and benefits and that economics cannot be fully evaluated by the methods - economic methods - that are the subject of the evaluation. These essays could not have been written without considerable encouragement and help from colleagues and friends. The following people are recognized for having read one or more chapters and for having contributed critical, substantive comments: Diana Bailey, Wilfred Beckerman, Geoffrey Brennan, William Briet, James Buchanan, Delores Martin, David Maxwell, Mary Ann McKenzie, Warren Samuels, Robert Staaf, Richard Wagner, Karen Vaughn, and Bruce Yandle. I am very much in their debt. However, they should not be held accountable for any of the positions taken and any errors that may remain.
Download or read book The Current State of Economic Science written by Shri Bhagwan Dahiya and published by Spellbound Publications Pvt Limited. This book was released on 1999 with total page 2925 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Unity of Science and Economics written by Jing Chen and published by Springer. This book was released on 2015-11-06 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a new economic theory developed from physical and biological principles. It explains how technology, social systems and economic values are intimately related to resources. Many people have recognized that mainstream (neoclassical) economic theories are not consistent with physical laws and often not consistent with empirical patterns, but most feel that economic activities are too complex to be described by a simple and coherent mathematical theory. While social systems are indeed complex, all life systems, including social systems, satisfy two principles. First, all systems need to extract resources from the external environment to compensate for their consumption. Second, for a system to be viable, the amount of resource extraction has to be no less than the level of consumption. From these two principles, we derive a quantitative theory of major factors in economic activities, such as fixed cost, variable cost, discount rate, uncertainty and duration. The mathematical theory enables us to systematically measure the effectiveness of different policies and institutional structures at varying levels of resource abundance and cost.The theory presented in this book shows that there do not exist universally optimal policies or institutional structures. Instead, the impacts of different policies or social structures have to be measured within the context of existing levels of resource abundance. As the physical costs of extracting resources rise steadily, many policy assumptions adopted in mainstream economic theories, and workable in times of cheap and abundant energy supplies and other resources, need to be reconsidered. In this rapidly changing world, the theory presented here provides a solid foundation for examining the long-term impacts of today's policy decisions.
Download or read book Economic Science and the Austrian Method written by Hans-Hermann Hoppe and published by Ludwig von Mises Institute. This book was released on 1995 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on The Nature and State of Modern Economics written by Tony Lawson and published by Routledge. This book was released on 2015-04-17 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: What do modern academic economists do? What currently is mainstream economics? What is neoclassical economics? And how about heterodox economics? How do the central concerns of modern economists, whatever their associations or allegiances, relate to those traditionally taken up in the discipline? And how did economics arrive at its current state? These and various cognate questions and concerns are systematically pursued in this new book by Tony Lawson. The result is a collection of previously published and new papers distinguished in providing the only comprehensive and coherent account of these issues currently available. The financial crisis has not only revealed weaknesses of the capitalist economy but also highlighted just how limited and impoverished is modern academic economics. Despite the failings of the latter being more widely acknowledged now than ever, there is still an enormous amount of confusion about their source and true nature. In this collection, Tony Lawson also identifies the causes of the discipline’s failings and outlines a transformative solution to its deficiencies. Amongst other things, Lawson advocates for the adoption of a more historical and philosophical orientation to the study of economics, one that deemphasizes the current focus on mathematical modelling while maintaining a high level of analytical rigour. In so doing Lawson argues for a return to long term systematic and sustained projects, in the manner pursued by the likes of Marx, Veblen, Hayek and Keynes, concerned first and foremost with advancing our understanding of social reality. Overall, this forceful and persuasive collection represents a major intervention in the on-going debates about the nature, state and future direction of economics.
Download or read book A Brain Focused Foundation for Economic Science written by Richard B. McKenzie and published by Springer. This book was released on 2018-06-06 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that Lionel Robbins’s construction of the economics field’s organizing cornerstone, scarcity—and all that has been derived from it from economists in Robbins’s time to today—no longer can generate general consent among economists. Since Robbins’ Essay, economists have learned more than Robbins and his cohorts could have imagined about human decision making and about the human brain that is the lynchpin of human decision making. This book argues however that behavioral economists and neuroeconomists, in pointing to numerous ways people fall short of perfectly rational decisions (anomalies, biases, and downright errors), have saved conventional economics from such self-contradictions in what could be viewed as a wayward approach. This book posits that the human brain is the ultimate scarce resource, and that a focus on the brain can bring a new foundation for economics and can save the discipline from hostile criticisms from a variety of non-economists (many psychologists).
Download or read book The Ultimate Foundation of Economic Science written by Ludwig von Mises and published by . This book was released on 2013-10 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a new release of the original 1962 edition.
Download or read book Careful Economics written by Maren A. Jochimsen and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much like their authors, the ideas behind books can grow and change on the way from proposal to manuscript. I originally planned to join the discussion on care and economics at a different, more policy-oriented level, hoping to identify the conditions under which caring services are taken to the market. In approaching the task, however, I realized that economic science lacked an overall concept of caring. Economists' notions of caring and their knowledge of its basic elements and structural characteristics were fragmented. Caring activities were treated in the context of household work, unpaid work, or subsistence and informal work. None of the different approaches shared a common frame of reference. This has made it impossible to study caring activities across the various realms of the economy, independent of whether provided in a family setting, purchased on the market, or supplied by the state or society. I therefore found I had to begin my questioning earlier, at the level of basic understandings and concepts.
Download or read book The State of Economics the State of the World written by Kaushik Basu and published by MIT Press. This book was released on 2020-01-07 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading economists address the ongoing challenges to economics in theory and practice in a time of political and economic crises. More than a decade of financial crises, sovereign debt problems, political conflict, and rising xenophobia and protectionism has left the global economy unsettled and the ability of economics as a discipline to account for episodes of volatility uncertain. In this book, leading economists consider the state of their discipline in a world of ongoing economic and political crises. The book begins with three sweeping essays by Nobel laureates Kenneth Arrow (in one of his last published works), Amartya Sen, and Joseph Stiglitz that offer a summary of the theoretical foundations of modern economics—the twin pillars of general equilibrium theory and welfare economics. Contributors then turn to macroeconomic stabilization and growth and, finally, new areas of research that depart from traditional theory, methodology, and concerns: climate change, behavioral economics, and evolutionary game theory. The 2019 Nobel Prize laureates, Abhijit Banerjee, Esther Duflo, and Michael Kremer, contribute a paper on the use of randomized control trials indevelopment economics. Contributors Philippe Aghion, Ingela Alger, Kenneth Arrow, Abhijit Banerjee, Kaushik Basu, Lawrence Blume, Guillermo Calvo, Francesco Caselli, Asli Demirgüç-Kunt, Shantayanan Devarajan, Esther Duflo, Samuel Fankhauser, James Foster, Varun Gauri, Xavier Gine, Gäel Giraud, Gita Gopinath, Robert Hockett, Karla Hoff, Ravi Kanbur, Aart Kraay, Michael Kremer, David McKenzie, Célestin Monga, Maurice Obstfeld, Hamid Rashid, Martin Ravallion, Amartya Sen, Luis Servén, Hyun Song Shin, Nicholas Stern, Joseph Stiglitz, Cass Sunstein, Michael Toman, Jörgen Weibull
Download or read book Economists and the State written by Timothy P. Roth and published by Edward Elgar Publishing. This book was released on 2014-05-30 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will appeal to scholars and students of political economy, political thought, public choice economics and Austrian economics as well as to practitioners and policy-makers interested in how economics should support those serving the public.ø &
Download or read book The Science of Economics written by Raymond Makewell and published by Shepheard-Walwyn. This book was released on 2013-06-01 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on a three-year course prepared by Leon MacLaren for the School of Economic Science in London in the late 1960s, this book reassesses the first principles of economics. Leon MacLaren (1910–1994) was a barrister, politician, philosopher, and the founder of the School of Economic Science. In his view, science is a study of laws that exist in nature, while economics is a study of the humanities with the interaction between human nature and the natural universe at its heart. With original subject matter from his economic course and introducing more recent examples and statistics from Australia, Canada, New Zealand, the UK, and the United States, the study examines the major characteristics of the modern economy—such as banking, taxation, and international trade—and considers the role of the government in economic affairs. It concludes with an examination of society's structure as a whole, the part economic activity plays in the bigger picture, and the social and cultural influences that shape the production and distribution of wealth.
Download or read book Complex Economic Dynamics written by Richard H. Day and published by . This book was released on 2000-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: V. 1. An introduction to dynamical systems and market mechanisms -- v. 2. An introduction to macroeconomics dynamics.
