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Attempts to throw some light on the sensible use of mathematics in economic theory. Argues that mathematics is a …
Persistent link: https://www.econbiz.de/10004976588
This paper reviews one of the crucial issues in the recent growth literature concerning the hypothesis of cross country convergence of levels and growth rates of income per capita implied by the neo-classical growth model, both in the Solow-Swan and Rampsey-Cass-Koopmans versions. The...
Persistent link: https://www.econbiz.de/10005003229
This paper reviews one of the crucial issues in the recent growth literature concerning the hypothesis of cross country convergence of levels and growth rates of income per capita implied by the neo‐classical growth model, both in the Solow‐Swan and Rampsey‐Cass‐Koopmans versions. The...
Persistent link: https://www.econbiz.de/10014863547
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 … scholasticism. A rational, quantified and mechanised world picture emerged. In 1769 an essay questioned why economics benefited so …
Persistent link: https://www.econbiz.de/10004976542
, it is the purpose of this paper to show how Launhardt used mathematics in his engineering-based approach to the economics …Wilhelm Launhardt (1832-1918) is a founder of mathematical economics. His main work, Mathematical Foundations of … Economics, published in 1885, was translated into English in 1993. As an engineer, he contributed to the field of not only …
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 …
Persistent link: https://www.econbiz.de/10004976561
Provides a comment on Reiss’ “Mathematics in economics: Schmoller, Menger and Jevons”. …
Persistent link: https://www.econbiz.de/10004976575