Showing 1 - 10 of 31
little from the use of mathematics and quantification. Today the opposite may be argued – the increasing loss of relevance of … economics is associated with the use of mathematics. Based on Francis Bacon’s criticism of scholasticism, it is argued here that … 1769 essay, economics has come “full circle”. The problem for economics is not then mathematics per se – mathematics is …
Persistent link: https://www.econbiz.de/10004976542
mathematics. Launhardt developed his work independently from the French engineers, but based it squarely on the work of the …, it is the purpose of this paper to show how Launhardt used mathematics in his engineering-based approach to the economics …
Persistent link: https://www.econbiz.de/10004976546
methods could play. In this short article, his view on the use of mathematics or algebraic methods in particular is discussed. …
Persistent link: https://www.econbiz.de/10004976551
Describes how mathematics enjoyed a virtual monopoly as the privileged method of economic inquiry in the post … change, offering an insight into the role of mathematics. …
Persistent link: https://www.econbiz.de/10004976554
Surveys the use of mathematics in what are now commonly called the social sciences up to the time of the earliest use … and proceeds to reason for the broad definition of mathematics as it relates to the social sciences. The introduction also … sciences in the late 1700s. This is followed by a brief description of the state of mathematics at that time. Then follow …
Persistent link: https://www.econbiz.de/10004976558
Argues preliminarily that quantitative-mathematical social science, including economics, is not possible because it applies a method useful in other areas to a field to which it cannot be applied and because the truth claim of science so conceived is self-referential to begin with. The argument...
Persistent link: https://www.econbiz.de/10004976561
Seeks to define the proper role for mathematics to play in economic theorizing by spelling out its limits. Specifically …? If so, is mathematics inherently narrow? Or does the modern, and often other-worldly, treatment follow from the … particular way in which mathematics has been applied? To describe “bad” mathematical economics, one must state what kinds of …
Persistent link: https://www.econbiz.de/10004976572
Discusses the economic thought of Hans von Mangoldt (1824-1868). We discuss how this German classical author seems to anticipate later “neoclassical” ideas, such as Schumpeter’s theory of the entrepreneur, Marshall’s partial price analysis and the graphical representation of supply and...
Persistent link: https://www.econbiz.de/10004976574
Provides a comment on Reiss’ “Mathematics in economics: Schmoller, Menger and Jevons”. …
Persistent link: https://www.econbiz.de/10004976575
After having summarized the connections with psychology, philosophy and history, the conclusion of the article is that the application of mathematical models in economics is permissible only in cases when the authors display clearly the time and space limits and other conditions of validity of...
Persistent link: https://www.econbiz.de/10004976585