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McCarthyism and the mathematization of economics
Weintraub, Eliot Roy - 2016
Historians of the social sciences and historians of economics have come to agree that, in the United States, the 1940s transformation of economics from political economy to economic science was associated with economists’ engagements with other disciplines – e.g. mathematics, statistics,...
Persistent link: https://www.econbiz.de/10011524191
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Economic pluralism in the study of wage discrimination : a note
Drydakis, Nick - 2018
Economic pluralism proposes that economists and social planners should consider alternative theories to establish a … generate discriminatory wages. Each cause deserves corresponding policy action. Given pluralism, wage discrimination might be … relations towards minority workers. Pluralism might be jeopardised if there is a limited desire to engage with less …
Persistent link: https://www.econbiz.de/10012130653
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Friedrich Hayek and his visits to Chile
Caldwell, Bruce; Montes, Leonidas - 2014
F. A. Hayek took two trips to Chile, the first in 1977, the second in 1981. The visits were controversial. On the first trip he met with Genera l Augusto Pinochet, who had led a coup that overthrew Salvador Allende in 1973. During his 1981 visit, Hayek gave interviews that were published in the...
Persistent link: https://www.econbiz.de/10011617759
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Recent engagements with Adam Smith and the Scottish enlightenment
Paganelli, Maria Pia - 2015
Recent literature on Adam Smith and other 18th Scottish thinkers shows an engaged conversation between the Scots and today's scholars in the sciences that deal with humans - social sciences, humanities, as well as neuroscience and evolutionary psychology. We share with the 18th century Scots...
Persistent link: https://www.econbiz.de/10011602798
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Why and how to teach the history of economic thought : economics as historically produced knowledge
Cohen, Avi Jonathan; Emmett, Ross B. - 2011
This draft chapter for the Elgar International Handbook on Teaching and Learning Economics is intended to give advice to instructors who might be teaching a history of economic thought course to undergraduates for the first time or who have perhaps been teaching for a while but would like to...
Persistent link: https://www.econbiz.de/10011603570
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Macroeconometric modeling as a "photographic description of reality" or as an "engine for the discovery of concrete truth"? : Friedman and Klein on statistical illusions
Pinzón-Fuchs, Erich - 2016
This paper discusses a longstanding debate between two empirical approaches to macroeconomics: the econometrics program represented by Lawrence R. Klein, and the statistical economics program represented by Milton Friedman. I argue that the differences between these two approaches do not consist...
Persistent link: https://www.econbiz.de/10011609690
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Complexities of core-periphery relation : an analysis of the late Raúl Prebisch
Bracarense, Natália - 2016
The work of Raúl Prebisch is typically summarized by two of his important contributions to development economics: the center-periphery paradigm together with his diagnosis of Latin America's development struggles. Recent investigations have, however, shed light on the nature of Prebisch's early...
Persistent link: https://www.econbiz.de/10011609907
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Is equilibrium enough and was Stigler wrong? : value theory in the Böhm-Bawerk/Fisher controversies : comments welcome
Cohen, Avi Jonathan - 2011 - Revised January 2011
The interest-rate controversies between Böhm-Bawerk and Fisher have attracted little attention and, in the opinion of most commentators, justifiably so. Böhm-Bawerk and Fisher argue over what appear to be two minor issues – Böhm-Bawerk's claims that his third cause of interest (productivity...
Persistent link: https://www.econbiz.de/10011642528
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Ricardian inference : Charles S. Peirce, economics, and scientific method
Hoover, Kevin D.; Wible, James R. - 2017 - Revised, 10 July 2017
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
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A Hayekian explanation of Hayek's "epistemic turn"
Scheall, Scott - 2014
The present essay investigates F.A. Hayek's epistemology and his methodology of sciences of complex phenomena for implications relevant to an explanation of Hayek's own socalled "epistemic turn." The thesis defended here is that Hayek's dissatisfaction with his technical economics - in...
Persistent link: https://www.econbiz.de/10011706625