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Author: P. Earl Publisher: Palgrave Macmillan ISBN: 9781137281852 Category : Business & Economics Languages : en Pages : 0
Book Description
This is an intellectual biography of G.L.S. Shackle, economic theorist, philosopher, and historian of economic theory. It explores how Shackle challenged the aims, methods and assumptions of mainstream economics. He stressed macroeconomic instability, and developed a radically subjectivist theory for behavioural economics and business planning.
Author: P. Earl Publisher: Palgrave Macmillan ISBN: 9781137281852 Category : Business & Economics Languages : en Pages : 0
Book Description
This is an intellectual biography of G.L.S. Shackle, economic theorist, philosopher, and historian of economic theory. It explores how Shackle challenged the aims, methods and assumptions of mainstream economics. He stressed macroeconomic instability, and developed a radically subjectivist theory for behavioural economics and business planning.
Author: Peter Earl Publisher: Routledge ISBN: 113563355X Category : Business & Economics Languages : en Pages : 451
Book Description
This volume unites scholars from all over the world, and with very different theoretical perspectives. Their chapters probe into typical Shacklean themes of time and money, uncertainty and expectation, and into the roots of G.L.S. Shackle's philosophical and methodological stance.
Author: G.L.S. Shackle Publisher: Routledge ISBN: 1136518134 Category : Business & Economics Languages : en Pages : 161
Book Description
G.L.S. Shackle made numerous, pioneering contributions to the study of uncertainty in economic life. This volume studies the production process, where resources must be committed to specific technological purposes long in advance of the ultimate sale of goods to the consumer. The problems of such a system rest on the durability of the instruments it uses, whose huge expense can only be recouped if they can be used for many years. Yet at the time of investment, those years of use are in the future and uncertain. The firm is the essential institutional means of confronting this uncertainty. Expectation, Enterprise and Profit is concerned with the nature and mode of life of the firm as a means of policy formation in the face of uncertainty. Chapters include: The Nature and Matrix of Production, Investment and Expectation, Interdependent Decision-Making and Profit and Equilibrium.
Author: G. L. S. Shackle Publisher: Routledge ISBN: 135131162X Category : Business & Economics Languages : en Pages : 398
Book Description
It is Shackle's view that human conduct is chosen with a view to its consequences. But these are in the future, which cannot be directly known. Expectation will confine itself to what is deemed possible, but this leaves it free to entertain widely diverse and rival hypotheses. How can such skeins of mutually conflicting ideas serve the formation of individual or institutional policy? This is the chief question this book examines.
Author: J. L. Ford Publisher: Edward Elgar Publishing ISBN: Category : Business & Economics Languages : en Pages : 568
Book Description
A biography of the 20th-century economist, George Shackle, whose contributions to issues of time, expectations and uncertainty made his reputation. Shackle opposed equilibrium-centred orthodoxy, concentrating on a concept of time-uncertainty which emphasized the degree of potential surprise.
Author: G. L. S. Shackle Publisher: Cambridge University Press ISBN: 9780521062794 Category : Business & Economics Languages : en Pages : 342
Book Description
Even a decade after the end of the 1914-1918 war, economic theory assumed that the world was tranquil and orderly. By 1939 an economic slump without parallel, allied to the re-emergence of military ambition in Europe, had brought economic theorists face to face with reality. In this classic book, first published in 1967, Professor Shackle provides a study, in exact and professional language, of the precise nature, structure, presuppositions, language and inter-relations of the theories which were formulated in these fourteen years - unparalleled in the whole history of economics except perhaps by the years of the Physiocrats and Adam Smith. These theories are not prototypes on the way to something better but are of essential and permanent importance.
Author: G. L. S. Shackle Publisher: Cambridge University Press ISBN: 9780521153317 Category : Business & Economics Languages : en Pages : 292
Book Description
This book is a collection of some of Professor Shackle's papers written between 1939 and 1953 is largely concerned with the problems of 'expectation' and 'uncertainty' and with reducing these universal factors to some sort of plausible rules. Also included are essays on interest rates, on investment and employment, and on the philosophy of economics. This book, by one of the finest economic writers of his time, will appeal to anyone with an interest in the history of economics.
Author: Jesper Jespersen Publisher: Edward Elgar Publishing ISBN: 1788119886 Category : Languages : en Pages : 200
Book Description
This book is devoted to the progression of Post-Keynesian economics, taking stock of the previous 10 years of persistent imbalances in many dimensions of macroeconomic ‘reality’. This has given inspiration to Post-Keynesian scholars to make innovative contributions in areas like methodology, macroeconomic modelling and teaching. One challenge discussed in several chapters is how to model a complex macro-system where microeconomic uncertainty is increasing? This aspect is elaborated in a number of contributions which focus on the role of the financial sector and financialization for macroeconomic disruptions. Additional chapters deal with teaching and the use of case-studies for a better understanding of the real world economy.
Author: P. Earl
Author: P. Earl
Author: Peter Earl
Author: G.L.S. Shackle
Author: G. L. S. Shackle
Author: J. L. Ford
Author: G. L. S. Shackle
Author: G. L. S. Shackle
Author: G. L. S. Shackle
Author: George Lennox Sharman Shackle
Author: Jesper Jespersen