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In this book the author develops a new approach to uncertainty in economics, which calls for a fundamental change in … uncertainty and shows that uncertainty was originally conceptualized both as an epistemic and an ontological problem. As a result … uncertainty has been neglected and the subjective probability approach to uncertainty became dominant in economic theory. A …
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The renowned institutionalist Geoffrey Hodgson has claimed inter alia that heterodox economics has failed to define its nature and scope, does not take pluralism seriously, and lacks expertise concentration to ensure quality which means it has made limited progress and is held in variable...
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And Epistemology -- 3. From Physiocratic School To Neoclassical Economy -- 4. The Different Epistemological Trajectories … Neoclassical Macroeconomics From The Neo-Ricardian Approach -- 6 Hayek And The Neoclassical Economy: Some Dangerous Liaisons? -- 7 …This book aims to study, from an approach linked to epistemology and the history of ideas, the evolution of economic …
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-based economy? -- Part 5. The Legacy of Keynes: Liquidity, Method and Laissez-faire -- Chapter 16. Keynes, Schumpeter, Mercantilism …
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"The ""Two Minds"" noted economist Roger Frantz explores in this landmark book are, first, the analytical mind and, second, the intuitive mind. In part one he presents the leading theories on intuition, discusses recent developments in cognitive science, and borrows from such non-economist...
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