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Superintelligent Machines & the Dismal Science is a short essay that explores the intersection of empirical economic methodology and future advances in artificial intelligence. Pointing out theoretical weaknesses of the empirical approach, it is argued that the emergence of superintelligence...
Persistent link: https://www.econbiz.de/10014081678
This is the first of two essays on the influences of Peter Drucker’s exposure to proponents of the Austrian School of economics on his writing and philosophical views. In this essay, I review the major influences that appear to have shaped much of his thinking, focusing mainly on post-World...
Persistent link: https://www.econbiz.de/10014046296
In the field of business ethics, Adam Smith has generally been viewed with a measure of suspicion. Smith's famous invocation of the invisible hand - according to which self-interest promotes the greater good - has generally been seen as a fundamental challenge to a discipline committed to the...
Persistent link: https://www.econbiz.de/10014207470
This essay gives an overview of a set of selected articles published between 2016 and 2017 in the major journals that cover the history of economic thought. In surveying the literature, we focus on three major aspects - the scope, the sources, and the methods - with reference to which we discuss...
Persistent link: https://www.econbiz.de/10011843347
This paper tells the development of economics at MIT between 1940 and 1972. The recruitment of Samuelson in 1940 fostered the establishment of a small community of economists within an engineering institute which was itself undergoing major transformations. A “new economics” was then shaped...
Persistent link: https://www.econbiz.de/10013029562
The sciences tell us that fears are physical feelings and mental emotions that play a key role in any society. Not many issues related to fear are explored by economists today. The aim of this paper is to go backwards through the history of economic thought, and examine if and how Adam Smith...
Persistent link: https://www.econbiz.de/10011774172
In this essay, I seek to provide an overview of André Gorz's conception of modern capitalism, considering different moments of his intellectual production. From his initial criticism of the concept of the proletariat between the 1970s and 1980s until his last theoretical work that addresses the...
Persistent link: https://www.econbiz.de/10013237174
Persistent link: https://www.econbiz.de/10012008571
In the evaluation of research quality conducted under ERA 2010 the sub-disciplines of econometrics and theory were rated more highly than the sub-disciplines of applied economics and other economics. The rating in each sub-discipline was benchmarked against a world standard, so the results...
Persistent link: https://www.econbiz.de/10013081513