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Persistent link: https://www.econbiz.de/10005823927
authors unite economic theory with a workable econometrics while going beyond and beneath demand and supply curves for dynamic …
Persistent link: https://www.econbiz.de/10010681133
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
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
anticipate later “neoclassical” ideas, such as Schumpeter’s theory of the entrepreneur, Marshall’s partial price analysis and the …
Persistent link: https://www.econbiz.de/10004976574
Begins by focusing on the rise of formalism in the post-war period leading to virtual monopoly as far as the method of economic analysis is concerned, and on the main consequences of this process. After mounting criticism of formalism, internal as well as external, it is acknowledged that some...
Persistent link: https://www.econbiz.de/10004976592
forerunners of the Marginal Revolution, it was only in 1879 that Jevons mentioned him in the second edition of the Theory of …
Persistent link: https://www.econbiz.de/10004976606
. Second, he formulated the law of want equalization which was later elaborated in the Austrian theory of overinvestment or … better theory of wrong investment. He was the first to point to the fact that time is a crucial element of value. In this … Bohm-Bawerk). He was also one of the first to use (simple) mathematics in economics. …
Persistent link: https://www.econbiz.de/10004976610
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