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This is a unique and detailed book which surveys the diffusion and reception of Alfred Marshall’s ideas and the ways they have influenced the development of economic science up to the present day.
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Emergence is a unifying theme of both evolutionary economics and complex systems theory. In spite of this centrality, emergence in economics has not been subject to an extensive critical analysis. This paper remedies this deficit. We identify several conditions that economic patterns (i.e....
Persistent link: https://www.econbiz.de/10011048163
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Purpose – This paper aims to assess the main sources, key propositions and empirical methods available to researchers taking a “subjectivist” perspective on the creation of opportunities by entrepreneurs. Design/methodology/approach – Subjectivist research is defined behaviourally: it...
Persistent link: https://www.econbiz.de/10014769694
The case made for market-determined, flexible exchange rates by Princeton economist Frank D. Graham between the 1920s and the late 1940s is examined. It is argued that Graham's case embodied all essential elements of a monetary approach to exchange rates and the balance of payments. Exchange...
Persistent link: https://www.econbiz.de/10010569531
Indicators of economic and social phenomena can be useful descriptive and analytical inputs for public policy. The “social indicators movement” has emerged in the last decade and is devoted to the measurement of widely‐ranging dimensions of human welfare. For the most part, questions of...
Persistent link: https://www.econbiz.de/10014806493