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This paper reviews one of the crucial issues in the recent growth literature concerning the hypothesis of cross country convergence of levels and growth rates of income per capita implied by the neo‐classical growth model, both in the Solow‐Swan and Rampsey‐Cass‐Koopmans versions. The...
Persistent link: https://www.econbiz.de/10014863547
Claims Kuznets is a quantification economist, e.g. a statistician who used the theory of models to find answers to problems. Covers, in depth, Kuznets’ early Russian‐Jewish upbringing to his further development in the USA. Concludes that Kuznets recognized what was missing rather than what...
Persistent link: https://www.econbiz.de/10014805173
Focuses on Wassily Leontif’s early upbringing in St Petersburg (Leningrad), and his education at the university there. Continues with his various overseas postings that followed with time. Mentions his famous connection with the formulation and application of the input‐output method.
Persistent link: https://www.econbiz.de/10014805176
Argues preliminarily that quantitative‐mathematical social science, including economics, is not possible because it …
Persistent link: https://www.econbiz.de/10014862944
Surveys the use of mathematics in what are now commonly called the social sciences up to the time of the earliest use … and proceeds to reason for the broad definition of mathematics as it relates to the social sciences. The introduction also … sciences in the late 1700s. This is followed by a brief description of the state of mathematics at that time. Then follow …
Persistent link: https://www.econbiz.de/10014862946
, 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
economics is associated with the use of mathematics. Based on Francis Bacon’s criticism of scholasticism, it is argued here that … 1769 essay, economics has come “full circle”. The problem for economics is not then mathematics per se – mathematics is … scholasticism. A rational, quantified and mechanised world picture emerged. In 1769 an essay questioned why economics benefited so …
Persistent link: https://www.econbiz.de/10014862952
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