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Author: Ajit Sinha Publisher: ISBN: Category : Economic history Languages : en Pages : 601
Book Description
This book presents a substantial collection of essays from a wide range of well respected scholars addressing several aspects of Piero Sraffa’s economics in light of continuing controversies over the interpretation that should be placed on his work. It moves beyond extant scholarship with an added emphasis on the philosophical dimension of Sraffa’s seminal work, Production of Commodities by Means of Commodities. Contributors probe new ways of thinking about the political economy of Sraffa and in doing so, alongside the comments to each contribution by other scholars, provide a cutting edge debate and discussion on non-mainstream economic theory. This book will be of interest to academics and advanced graduate students in economics, with additional interest from scholars in philosophy and the methodology of science.
Author: Ajit Sinha Publisher: ISBN: Category : Economic history Languages : en Pages : 601
Book Description
This book presents a substantial collection of essays from a wide range of well respected scholars addressing several aspects of Piero Sraffa’s economics in light of continuing controversies over the interpretation that should be placed on his work. It moves beyond extant scholarship with an added emphasis on the philosophical dimension of Sraffa’s seminal work, Production of Commodities by Means of Commodities. Contributors probe new ways of thinking about the political economy of Sraffa and in doing so, alongside the comments to each contribution by other scholars, provide a cutting edge debate and discussion on non-mainstream economic theory. This book will be of interest to academics and advanced graduate students in economics, with additional interest from scholars in philosophy and the methodology of science.
Author: Ajit Sinha Publisher: Springer Nature ISBN: 303047206X Category : Business & Economics Languages : en Pages : 611
Book Description
This book presents a substantial collection of essays from a wide range of well respected scholars addressing several aspects of Piero Sraffa’s economics in light of continuing controversies over the interpretation that should be placed on his work. It moves beyond extant scholarship with an added emphasis on the philosophical dimension of Sraffa’s seminal work, Production of Commodities by Means of Commodities. Contributors probe new ways of thinking about the political economy of Sraffa and in doing so, alongside the comments to each contribution by other scholars, provide a cutting edge debate and discussion on non-mainstream economic theory. This book will be of interest to academics and advanced graduate students in economics, with additional interest from scholars in philosophy and the methodology of science.
Author: Ajit Sinha Publisher: Springer ISBN: 3319306162 Category : Business & Economics Languages : en Pages : 255
Book Description
This book draws on the work of one of the sharpest minds of the 20th century, Piero Sraffa. Ludwig Wittgenstein credited him for 'the most consequential ideas' of the Philosophical Investigations (1953) and put him high on his short list of geniuses. Sraffa's revolutionary contribution to economics was, however, lost to the world because economists did not pay attention to the philosophical underpinnings of his economics. Based on exhaustive archival research, Sinha presents an exciting new thesis that shows how Sraffa challenged the usual mode of theorizing in terms of essential and mechanical causation and, instead, argued for a descriptive or geometrical theory based on simultaneous relations. A consequence of this approach was a complete removal of 'agent's subjectivity' and 'marginal method' or counterfactual reasoning from economic analysis – the two fundamental pillars of orthodox economic theory.
Author: Ragupathy Venkatachalam Publisher: Springer Nature ISBN: 3031152948 Category : Science Languages : en Pages : 331
Book Description
This book presents frontier research on the use of computational methods to model complex interactions in economics and finance. Artificial Intelligence, Machine Learning and simulations offer effective means of analyzing and learning from large as well as new types of data. These computational tools have permeated various subfields of economics, finance, and also across different schools of economic thought. Through 16 chapters written by pioneers in economics, finance, computer science, psychology, complexity and statistics/econometrics, the book introduces their original research and presents the findings they have yielded. Theoretical and empirical studies featured in this book draw on a variety of approaches such as agent-based modeling, numerical simulations, computable economics, as well as employing tools from artificial intelligence and machine learning algorithms. The use of computational approaches to perform counterfactual thought experiments are also introduced, which help transcend the limits posed by traditional mathematical and statistical tools. The book also includes discussions on methodology, epistemology, history and issues concerning prediction, validation, and inference, all of which have become pertinent with the increasing use of computational approaches in economic analysis.
Author: Stratos Myrogiannis Publisher: Taylor & Francis ISBN: 1000629643 Category : Art Languages : en Pages : 228
Book Description
Drawing on an interdisciplinary panel of contributors, this book presents a stimulating dialogue between economics and art theory and considers how this might aid our understanding of both areas of research. The collection explores themes which both fields share, including rationality, abstraction and model building, the nature of social reality, representation and transformation. The contributions employ a broad range of methods to investigate the links between economics and art, and their coverage includes architecture, history of ideas, art theory, literature studies and beyond. This innovative volume will be of interest to advanced students and scholars of economic theory, cultural economics, literary and art theory and it intends to be a starting point for new avenues of interdisciplinary research.
Author: Kumaraswamy Velupillai Publisher: Springer Nature ISBN: 3030581314 Category : Business & Economics Languages : en Pages : 447
Book Description
This book explores an alternative approach to the conventional, market-based, view of economic theory and economic policy, at theoretical, numerical and applicable levels. The chapters provide a theoretical, empirical, and algorithmic approach to marcodynamics, Sraffian economics, and current policy issues. Post-Keynesian macroeconomics, business cycle theory, the trade cycle, microfoundations, and the Philips Machine are also covered. This book aims to challenge orthodox ideas and provide a lens through which to honour the work of Stefano Zambelli. It will be of relevant to students and academics interested in economics.
Author: Sara Hsu Publisher: Edward Elgar Publishing ISBN: 1800377363 Category : Business & Economics Languages : en Pages : 509
Book Description
Beginning with the 2008 global crisis in the United States, and particularly after the COVID-19 pandemic shook economies around the world, academics, practitioners, and other experts have become increasingly sensitised to the potential for financial and economic fragility to result in a systemic breakdown. Presenting a synopsis of lessons learnt from financial crises arising out of the 19th, 20th and 21st centuries, each entry examines a unique past issue to help to develop future outcomes, operating as a touchstone for further research.
Author: Scott Carter Publisher: Springer ISBN: 1137034327 Category : Business & Economics Languages : en Pages : 257
Book Description
This book provides fresh insights on Piero Sraffa's work, by examining previously unpublished papers from Sraffa archives. It offers new perspectives on the connection between Sraffa amd Marx, and examines Sraffa's approach to money, the role of equilibrium and of the surplus in economic theory.
Author: Anna M. Carabelli Publisher: Springer Nature ISBN: 3030756653 Category : Business & Economics Languages : en Pages : 188
Book Description
Most economists who read the General Theory candidly admitted that they could not understand the theoretical apparatus and found it easy to recast it in traditional terms. This book provides a masterful guide to the generally unrecognized methodological revolution that supported the new theoretical concepts -- a veritable lodestone that complements and expands understanding on the treatment of the economic magnitudes appropriate to the ideal of generality in the social sciences, to the applicability of probability, to the formulation of decision-making under uncertainty, and the foundations of economic policy in interdependent economic systems. _Jan Kregel, Levy Economics Institute Anna Carabelli sets out Keynes’s understanding of economics as a way of thinking, encompassing method and morals, rather than as a doctrine. She does so with her customary admirable scholarship and also her willingness to take controversial positions. I commend the volume most highly to Keynes scholars as a drawing-together and development of the themes that Carabelli has pursued since the publication of her 1988 classic, On Keynes’s Method. Further Keynes’s approach was designed to be applied to different contexts, so I enthusiastically recommend the volume also as a foundation and guide for anyone open to such a ‘new way of reasoning in economics’ for the modern era. _Sheila Dow, University of Stirling This book examines the philosophy and methodology of Keynes, highlighting its novelty and how it presented a new form of economic reasoning. Exploring Keynes’s use of non-demonstrative logic, based on probability, commonalities are found in his economics, ethics, aesthetics, and international relations. Insights are provided into his reasoning and his approach to uncertainty, rationality, measurability of complex magnitudes, moral and rational dilemmas, and irreducible conflicts. This book investigates methodological continuity within Keynes’s work, in particular in relation to uncertainty, complexity, incommensurability, happiness and openness. It will be relevant to students and researchers interested in Keynes, probability, ambiguity, ethics and the history of economic thought.
Author: Ajit Sinha
Author: Ajit Sinha
Author: Ajit Sinha
Author: Ajit Sinha
Author: Ragupathy Venkatachalam
Author: Stratos Myrogiannis
Author: Kumaraswamy Velupillai
Author: Sara Hsu
Author: Enrico Bellino
Author: Scott Carter
Author: Anna M. Carabelli