The Mathematical Groundwork of Economics
Author : Arthur Lyon Bowley
Publisher :
Page : 118 pages
File Size : 48,61 MB
Release : 1960
Category : Econometrics
ISBN :
Author : Arthur Lyon Bowley
Publisher :
Page : 118 pages
File Size : 48,61 MB
Release : 1960
Category : Econometrics
ISBN :
Author : Arthur L. Bowley
Publisher :
Page : 98 pages
File Size : 20,46 MB
Release : 1965
Category :
ISBN :
Author : Arthur L. Bowley
Publisher :
Page : 98 pages
File Size : 50,53 MB
Release : 1965
Category :
ISBN :
Author : Kaushik Basu
Publisher : Princeton University Press
Page : 292 pages
File Size : 11,71 MB
Release : 2010-10-25
Category : Business & Economics
ISBN : 1400836271
Why economics needs to focus on fairness and not just efficiency One of the central tenets of mainstream economics is Adam Smith's proposition that, given certain conditions, self-interested behavior by individuals leads them to the social good, almost as if orchestrated by an invisible hand. This deep insight has, over the past two centuries, been taken out of context, contorted, and used as the cornerstone of free-market orthodoxy. In Beyond the Invisible Hand, Kaushik Basu argues that mainstream economics and its conservative popularizers have misrepresented Smith's insight and hampered our understanding of how economies function, why some economies fail and some succeed, and what the nature and role of state intervention might be. Comparing this view of the invisible hand with the vision described by Kafka—in which individuals pursuing their atomistic interests, devoid of moral compunction, end up creating a world that is mean and miserable—Basu argues for collective action and the need to shift our focus from the efficient society to one that is also fair. Using analytic tools from mainstream economics, the book challenges some of the precepts and propositions of mainstream economics. It maintains that, by ignoring the role of culture and custom, traditional economics promotes the view that the current system is the only viable one, thereby serving the interests of those who do well by this system. Beyond the Invisible Hand challenges readers to fundamentally rethink the assumptions underlying modern economic thought and proves that a more equitable society is both possible and sustainable, and hence worth striving for. By scrutinizing Adam Smith's theory, this impassioned critique of contemporary mainstream economics debunks traditional beliefs regarding best economic practices, self-interest, and the social good.
Author : Sir Arthur Lyon Bowley
Publisher :
Page : 98 pages
File Size : 18,7 MB
Release : 1934
Category :
ISBN :
Author : Arthur Lyon Bowley
Publisher :
Page : pages
File Size : 50,58 MB
Release : 1924
Category :
ISBN :
Author : Samuel Kotz
Publisher : World Scientific
Page : 542 pages
File Size : 10,81 MB
Release : 2011-04-15
Category : Mathematics
ISBN : 9814469718
Arthur Lyon Bowley, the founding father of modern statistics, was an important and colorful figure and a leader in cementing the foundations of statistical methodology, including survey methodology, and of the applications of statistics to economical and social issues during the late 19th and early 20th centuries. In many respects, he was ahead of his time.The giants in this field around that time were largely concentrated in the British Isles and Scandinavian countries; among these contributors, Arthur Bowley was one of the most active in revolutionizing statistical methodology and its economic applications. However, Bowley has been vastly undervalued by subsequent commentators — while hundreds of articles and books have been written on Karl Pearson, those on Arthur Bowley amount to a dozen or less. This book seeks to remedy this and fill in an important omission in the monographical literature on the history of statistics. In particular, the recent resurgence of interest in poverty research has led to a renewed interest in Bowley's legacy.
Author : Charles Franklin Dunbar
Publisher :
Page : 698 pages
File Size : 18,98 MB
Release : 1924
Category : Economics
ISBN :
Vols. 1-22 include the section "Recent publications upon economics".
Author : E. Roy Weintraub
Publisher : Duke University Press
Page : 332 pages
File Size : 14,54 MB
Release : 2002-05-28
Category : Business & Economics
ISBN : 9780822328711
DIVDiscusses the history of 20th century economics, and how it has become dominated by mathematical approaches./div
Author : PierCarlo Nicola
Publisher : Springer Science & Business Media
Page : 552 pages
File Size : 33,9 MB
Release : 2000-04-05
Category : Business & Economics
ISBN : 9783540670841
To write everything about nothing, or to write nothing about everything: this is the problem. (Anonym, circa 1996-97) The first idea to write a book on M athematical Economics, more or less ordered in a historical sequence, occurred to me in 1995, when I was asked, by Istituto delta Enciclopedia Italiana, to write the entry "Storia dell'economia 1 2 matematica" , for the collective work "Storia deI XX Secolo". I thought that it would be interesting to elaborate on the text presented to the editors, to turn it into a book aiming at giving a panorama of what, in my opinion, are the main 20th century contributions to mathematical eco nomics. Of course, only a narrow set of the contributions made by economic theorists could be included, both for space limitations and necessity, because 3 of the limited competence of any single author. For instance, I have paid very limited attention to what is now called Macroeconomics, and also to Game Theory, which actually has grown so much as to acquire scientific in dependence as a living branch of applied mathematics. For the same reason, I have also left completely untouched such fields as Mathematical Finance, Public Economics, Theory of Taxation, etc. I have always based my presentation on published material only, assuming that what is contained in working papers still waits to be confirmed, possibly in the first years of the 21th century.