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which there was a striking resurgence of interest, which came with rising attention to economics and more frequent … government intervention and the retreat from leftist economics and politics since the late 1970s. Although many debates from 200 …
Persistent link: https://www.econbiz.de/10009224802
Most people believe economists are more selfish than noneconomists. The reasons for such belief and for the related moral condemnation of economists remain confused. Both charges and evidence are insufficient to support substantial judgements. Further elaboration would be welcome before drawing...
Persistent link: https://www.econbiz.de/10004972528
Nearly all journal rankings in economics use some weighted average of citations to calculate a journal's impact. These …
Persistent link: https://www.econbiz.de/10004973903
Sketches the history of economic thought regarding the self-expanding growth of investments through the accrual of compound interest. Exercises that calculate such growth in terms of “doubling times” have already been found in Babylonian textbooks from c. 2000?BC. Although compound interest...
Persistent link: https://www.econbiz.de/10004976541
scholasticism. A rational, quantified and mechanised world picture emerged. In 1769 an essay questioned why economics benefited so … economics is associated with the use of mathematics. Based on Francis Bacon’s criticism of scholasticism, it is argued here that … strong parallels exist between the decay of scholasticism and the decay of modern economics. From being a science of practice …
Persistent link: https://www.econbiz.de/10004976542
New evidence is presented on the degree of aggregate and sectoral labour productivity convergence among 11 EU countries between 1970 and 1990. As with studies for other groups of countries, it is found that there is a greater degree of aggregate than sectoral convergence. Aggregate productivity...
Persistent link: https://www.econbiz.de/10004976545
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 … engineering, but also of economics and, in particular, to those parts in economics which can be treated fruitfully with …
Persistent link: https://www.econbiz.de/10004976546
Econometrics labours under the same limitations as economics: it rests on unrealistic hypotheses (and non …
Persistent link: https://www.econbiz.de/10004976549
Heinrich von Storch (1766-1835) can claim a very specific position in the history of political economy. Clearly steeped in Camaralist thought, due to his upbringing and later scholarly work in Russia, he was primarily interested in the nature and the causes of the wealth of a nation that he...
Persistent link: https://www.econbiz.de/10004976551
In 1926, at the age of only 22, da Empoli wrote two remarkable, original books, both of which have aroused much interest. Later da Empoli improved and developed their analysis. Other publications followed, such as his lessons in economic science. Others still were in preparation, but his...
Persistent link: https://www.econbiz.de/10004976552