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Theoretical study identifying one modality with conditions necesary for the financial stabilization of an inherently unstable system; and 5040 other unstable dynamic modes. It draws on knowledge made available by the academic field of Control Engineering.
Persistent link: https://www.econbiz.de/10005125628
A szerző Ronald Harry Coase módszertani nézeteit igyekszik bemutatni. Érzékelteti, hogy a chicagói iskolán belül is komoly véleménykülönbségeket figyelhetünk meg a közgazdaságtan módszertanát illetően. A két Nobeldíjas chicagói közgazdász - Friedman és Coase - közötti...
Persistent link: https://www.econbiz.de/10010963516
Based on the ontological and epistemological problems and solutions exposed in the previous paper, we scrutinize the philosophical grounds of three main schools of economics. They are not opposing one another as solid blocks of incompatible ideas and theories, but each school contains...
Persistent link: https://www.econbiz.de/10010965556
According to Sohn-Rethel there is a “secret identity” between commodity form and thought form. Commodity exchange is a real abstraction – embodied in money – and constitutes a social a priori which reflects itself in the conceptual abstraction, i.e., in the abstract thought typical of...
Persistent link: https://www.econbiz.de/10011260486
This volume – Predicting Crisis: Five Essays on the Mathematic Prediction of Economic and Social Crises – is the first of three sets of essays. In this first set the economic and social history of the United States is shown to be a “system of movement,” i.e. a logical and mathematic...
Persistent link: https://www.econbiz.de/10011260672
This article aims to discuss an evaluation of the concept of paradigm of T. Kuhn in his representative work: The Structure of Scientific Revolutions ERC, [Ku96] and the complementary version by W. Stegmüller, Structure and dynamics of theories EDT, [Steg83]. This refined interpretation of the...
Persistent link: https://www.econbiz.de/10009369176
Today, Alchian's "Uncertainty, evolution and economic theory" (1950) is hailed by evolutionary economists as a most important piece, which resumed an evolutionary brand of theorizing in economics after the eclipse of the interwar period. On the other hand, Alchian's article is also cherished by...
Persistent link: https://www.econbiz.de/10010730866
Hayek regards complexity as specific to spontaneous orders or self-organizing structures. These orders are characterized by the phenomena of irreducible ignorance and emergence (of new properties of the whole which its separate parts do not possess) and by the incapacity to handle them. Their...
Persistent link: https://www.econbiz.de/10008632709
The received idea is that he could not miss the science of modernity. But if we investigate what can be considered as the economic thought of Rousseau, we must be distinguish two different lines of thought: one which has to do with the division of labour (to be mostly found in Emile and the...
Persistent link: https://www.econbiz.de/10004962241
Milton Friedman’s “The Methodology of Positive Economies” is still one of the most widely read pieces on economic methodology. One reason for this might be Friedman’s attractive proposal that economists use theories and hypotheses as pragmatic devices to summarize data and make...
Persistent link: https://www.econbiz.de/10005837057