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Standard histories of economics usually treat the "marginal revolution" of the midnineteenth century as both supplanting the "classical" economics of Smith and Ricardo and as advancing the idea of economics as a mathematical science. The marginalists - especially Jevons and Walras - viewed...
Persistent link: https://www.econbiz.de/10011761426
In the 1870s and 1880s, the scientist, logician, and pragmatist philosopher Charles S. Peirce possessed an advanced knowledge of mathematical economics, having mastered and criticized Cournot as early as 1871. In 1884 he engaged in a multi-round debate with the editors of The Nation over the...
Persistent link: https://www.econbiz.de/10011761427
Standard histories of economics usually treat the "marginal revolution" of the midnineteenth century as both supplanting the "classical" economics of Smith and Ricardo and as advancing the idea of economics as a mathematical science. The marginalists - especially Jevons and Walras - viewed...
Persistent link: https://www.econbiz.de/10011695287
In the 1870s and 1880s, the scientist, logician, and pragmatist philosopher Charles S. Peirce possessed an advanced knowledge of mathematical economics, having mastered and criticized Cournot as early as 1871. In 1884 he engaged in a multi-round debate with the editors of The Nation over the...
Persistent link: https://www.econbiz.de/10011695498
Standard histories of economics usually treat the “marginal revolution” of the midnineteenth century as both supplanting the “classical” economics of Smith and Ricardo and as advancing the idea of economics as a mathematical science. The marginalists – especially Jevons and Walras –...
Persistent link: https://www.econbiz.de/10012933369
In the 1870s and 1880s, the scientist, logician, and pragmatist philosopher Charles S. Peirce possessed an advanced knowledge of mathematical economics, having mastered and criticized Cournot as early as 1871. In 1884 he engaged in a multi-round debate with the editors of The Nation over the...
Persistent link: https://www.econbiz.de/10014120111
The paper provides a careful, analytical account of Trygve Haavelmo's unsystematic, but important, use of the analogy between controlled experiments common in the natural sciences and econometric techniques. The experimental analogy forms the linchpin of the methodology for passive observation...
Persistent link: https://www.econbiz.de/10013098334
Modern growth theory derives mostly from Robert Solow’s “A Contribution to the Theory of Economic Growth” (1956). Solow’s own interpretation locates the origins of his “Contribution” in his view that the growth model of Roy Harrod implied a tendency toward progressive collapse of the...
Persistent link: https://www.econbiz.de/10010691213
Modern growth theory derives mostly from Robert Solow’s “A Contribution to the Theory of Economic Growth” (1956). Solow’s own interpretation locates the origins of his “Contribution” in his view that the growth model of Roy Harrod implied a tendency toward progressive collapse of the...
Persistent link: https://www.econbiz.de/10010720649
Samuelson and Solow in their 1960 paper in the American Economic Review: Papers and Proceedings were among the first economists to engage with Phillips’ famous unemployment/wage-inflation analysis, now referred to as the Phillips curve. They addressed the question of the relevance of...
Persistent link: https://www.econbiz.de/10010887051