The Methodology of Economic ThoughtMarc Reed Tool, Warren J. Samuels Transaction Publishers, 01/01/1989 - 590 من الصفحات This collection of articles taken from the Journal of Economic Issues offers both a fresh perspective and a persuasive diagnosis on economic methodology. It simultaneously presents institutional economists' approaches to economic inquiry and policy, as well as a running critique of conceptual flaw and inadequacies of the traditional orthodox neoclassical approach that dominates college curriculums and media. |
عبارات ومصطلحات مألوفة
action Adam Smith allocation analytical applied argued assumptions Ayres basic behavior capital cardinal utility causal choice Commons Commons's concept concern culture decision economic analysis Economic Issues economic theory Economic Thought economists efficiency elements empirical equilibrium example fact federal firm free trade function holistic human income individual industrial inquiry Institutional Economics institutionalists Journal of Economic labor language linguistic logical major marginal cost mathematical maximization means ment method methodological nature neoclassical neoclassical economics neoclassicism neoinstitutionalists nomic normative normative economics optimal orthodox paradigm Pareto Pareto efficiency Pareto optimal percent perfect competition philosophical political economy position prediction preferences principle problem production propositions public sector question reality relation relationships relevant role scientific significance Smith social science society statement structure tax expenditures theoretical tion transaction transfers University utility value theory Veblen welfare yellow dog contracts York
مقاطع مشهورة
الصفحة 94 - Nature has placed mankind under the governance of two sovereign masters, pain and pleasure. It is for them alone to point out what we ought to do, as well as to determine what we shall do.
الصفحة 286 - By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention, v Nor is it always the worse for the society that it was no part of it.
الصفحة 285 - How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it except the pleasure of seeing it.
الصفحة 94 - By the principle of utility is meant that principle which approves or disapproves of every action whatsoever, according to the tendency which it appears to have to augment or diminish the happiness of the party whose interest is in question: or, what is the same thing in other words, to promote or to oppose that happiness.
الصفحة 563 - Lionel Robbins, An Essay on the Nature and Significance of Economic Science (London: Macmillan and Company, 1946), p.
الصفحة 291 - In the same class must be ranked, some both of the gravest and most important, and some of the most frivolous professions: churchmen, lawyers, physicians, men of letters of all kinds; players, buffoons, musicians, opera-singers, opera-dancers, &c.
الصفحة 217 - Consider what effects, that might conceivably have practical bearings, we conceive the object of our conception to have. Then, our conception of these effects is the whole of our conception of the object.
الصفحة 218 - The opinion which is fated to be ultimately agreed to by all who investigate, is what we mean by the truth, and the object represented in this opinion is the real.
الصفحة 217 - What the habit is depends on when and how it causes us to act. As for the when, every stimulus to action is derived from perception ; as for the how, every purpose of action is to produce some sensible result.