Showing 1 - 10 of 1,240
, as opposed to concentrating on only one, is the best framework for the progress of economics. In particular, it increases …
Persistent link: https://www.econbiz.de/10014862949
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/10014862950
Considers a Wirkungsgeschichte of Hermann Heinrich Gossen, focusing on the reactions of the three stars of the Marginal Revolution: William Stanley Jevons, Léon Walras and Carl Menger. Although Hermann Heinrich Gossen is today known as one of the forerunners of the Marginal Revolution, it was...
Persistent link: https://www.econbiz.de/10014862954
Böhm‐Bawerk). He was also one of the first to use (simple) mathematics in economics.  …
Persistent link: https://www.econbiz.de/10014862955
particular way in which mathematics has been applied? To describe “bad” mathematical economics, one must state what kinds of …Seeks to define the proper role for mathematics to play in economic theorizing by spelling out its limits. Specifically …, has the mathematization of economics contributed to its narrowing of scope since the anti‐classical reaction of the 1870s …
Persistent link: https://www.econbiz.de/10014862947
Discusses the economic thought of Hans von Mangoldt (1824‐1868). We discuss how this German classical author seems to anticipate later “neoclassical” ideas, such as Schumpeter’s theory of the entrepreneur, Marshall’s partial price analysis and the graphical representation of supply and...
Persistent link: https://www.econbiz.de/10014862953
issue of whether mathematics is or is not an adequate language to express economic relationships. First, Menger’s and Jevons …’s thinking about mathematics. Third, these two “monogenetic” views are contrasted with Gustav Schmoller’s “polygenetic” approach … which holds that a purely deductive economics, based on a small number of self‐evident principles, is inadequate for social …
Persistent link: https://www.econbiz.de/10014862958
pioneered the area of micro‐foundation of macro‐economics. The great missing link in economic theory, both of micro‐economics … and macro‐economics, is the inability to methodologically integrate ethical and moral values through preference mapping …
Persistent link: https://www.econbiz.de/10014805231
Argues preliminarily that quantitative‐mathematical social science, including economics, is not possible because it …
Persistent link: https://www.econbiz.de/10014862944
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/10014862945