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The Unity of Science and Economics

The Unity of Science and Economics PDF Author: Jing Chen
Publisher: Springer
ISBN: 149393466X
Category : Science
Languages : en
Pages : 148

Book Description
This book presents a new economic theory developed from physical and biological principles. It explains how technology, social systems and economic values are intimately related to resources. Many people have recognized that mainstream (neoclassical) economic theories are not consistent with physical laws and often not consistent with empirical patterns, but most feel that economic activities are too complex to be described by a simple and coherent mathematical theory. While social systems are indeed complex, all life systems, including social systems, satisfy two principles. First, all systems need to extract resources from the external environment to compensate for their consumption. Second, for a system to be viable, the amount of resource extraction has to be no less than the level of consumption. From these two principles, we derive a quantitative theory of major factors in economic activities, such as fixed cost, variable cost, discount rate, uncertainty and duration. The mathematical theory enables us to systematically measure the effectiveness of different policies and institutional structures at varying levels of resource abundance and cost.The theory presented in this book shows that there do not exist universally optimal policies or institutional structures. Instead, the impacts of different policies or social structures have to be measured within the context of existing levels of resource abundance. As the physical costs of extracting resources rise steadily, many policy assumptions adopted in mainstream economic theories, and workable in times of cheap and abundant energy supplies and other resources, need to be reconsidered. In this rapidly changing world, the theory presented here provides a solid foundation for examining the long-term impacts of today's policy decisions.

The Unity of Science and Economics

The Unity of Science and Economics PDF Author: Jing Chen
Publisher: Springer
ISBN: 149393466X
Category : Science
Languages : en
Pages : 148

Book Description
This book presents a new economic theory developed from physical and biological principles. It explains how technology, social systems and economic values are intimately related to resources. Many people have recognized that mainstream (neoclassical) economic theories are not consistent with physical laws and often not consistent with empirical patterns, but most feel that economic activities are too complex to be described by a simple and coherent mathematical theory. While social systems are indeed complex, all life systems, including social systems, satisfy two principles. First, all systems need to extract resources from the external environment to compensate for their consumption. Second, for a system to be viable, the amount of resource extraction has to be no less than the level of consumption. From these two principles, we derive a quantitative theory of major factors in economic activities, such as fixed cost, variable cost, discount rate, uncertainty and duration. The mathematical theory enables us to systematically measure the effectiveness of different policies and institutional structures at varying levels of resource abundance and cost.The theory presented in this book shows that there do not exist universally optimal policies or institutional structures. Instead, the impacts of different policies or social structures have to be measured within the context of existing levels of resource abundance. As the physical costs of extracting resources rise steadily, many policy assumptions adopted in mainstream economic theories, and workable in times of cheap and abundant energy supplies and other resources, need to be reconsidered. In this rapidly changing world, the theory presented here provides a solid foundation for examining the long-term impacts of today's policy decisions.

Special Sciences and the Unity of Science

Special Sciences and the Unity of Science PDF Author: Olga Pombo
Publisher: Springer Science & Business Media
ISBN: 9400720300
Category : Science
Languages : en
Pages : 296

Book Description
Science is a dynamic process in which the assimilation of new phenomena, perspectives, and hypotheses into the scientific corpus takes place slowly. The apparent disunity of the sciences is the unavoidable consequence of this gradual integration process. Some thinkers label this dynamical circumstance a ‘crisis’. However, a retrospective view of the practical results of the scientific enterprise and of science itself, grants us a clear view of the unity of the human knowledge seeking enterprise. This book provides many arguments, case studies and examples in favor of the unity of science. These contributions touch upon various scientific perspectives and disciplines such as: Physics, Computer Science, Biology, Neuroscience, Cognitive Psychology, and Economics.

The Problem of the Unity of Science

The Problem of the Unity of Science PDF Author: Académie internationale de philosophie des sciences. Meeting
Publisher: World Scientific
ISBN: 9812799591
Category : Science
Languages : en
Pages : 212

Book Description
The unity of science has been a widely discussed issue both in the philosophy of science and within several sciences. Reductionism has often been seen as the means of bringing the different sciences to a fundamental unity by reference to some basic science, but it shows many limitations. Multidisciplinarity and interdisciplinarity have also been proposed as methodologies for attaining unity without underestimating the diversity of the sciences. This volume starts with a clarification of the possible meanings of this unity and then discusses the features of the mentioned approaches to unity, evaluating the success and the shortcomings of the unification programme among different sciences and within a single science. Contents: The General Framework: What Does ''The Unity of Science'' Mean? (E Agazzi); The Unity of Disunity (J Faye); Sciences of Nature and Sciences of Man: On a Difference between Natural Science and the Interpretive Sciences of Man (F Collin); Natural Sciences and Human Sciences (G M Prosperi); Overcoming Reductionism: Complexity, Reductionism, and the Unity of Science (J Ricard); The Consilience Approach to the Unity of Science (B Kanitscheider); The Unity Within a Single Science: The Problem of Unity in a Single Field of Science (A Cordero); The Unity of Particle Physics and Cosmology? The Case of the Cosmological Constant (J Mosterin); Is Quantum Mechanics a Universal Theory ? (B d''Espagnat); and other papers. Readership: Graduate students and academics in the philosophy of science.

Individualism and the Unity of Science

Individualism and the Unity of Science PDF Author: Harold Kincaid
Publisher: Rowman & Littlefield
ISBN: 9780847686636
Category : Philosophy
Languages : en
Pages : 182

Book Description
In this original and important book, Harold Kincaid defends a view of the special sciences -- all sciences outside physics -- as autonomous and nonreducible. He argues that the biological and social sciences provide explanations that cannot be captured by explanations at the level of their constituent parts, and yet that this does not commit us to mysterious, nonphysical entities like vital forces or group minds. A look at real scientific practice shows that the many different sciences can be unified in a way that leaves them each an autonomous explanatory role. This book will be of great interest to philosophers of science and social scientists.

The Human Project and the Temptations of Science

The Human Project and the Temptations of Science PDF Author: Lansana Keita
Publisher: BRILL
ISBN: 9004495150
Category : Philosophy
Languages : en
Pages : 164

Book Description
On account of the impressive yield of empirical science since the dawn of modern era, theorists of human behavior have sought eagerly to adopt its methodology to explain and predict behavior in the same way that natural science does with respect to natural phenomena. Thus, the positivist principle endorsed the unity of science approach to both the natural and social worlds. Modern social science, in its specific forms of sociology, economics, and so on, confidently embraced the positivist principle. In a short period of time, political economy was transformed into economic science. The goal was to purge the social sciences of their supposedly evaluative content. In due course, the idea of objective scientific truth came to be questioned along with the positivist paradigm. Epistemological relativism à la Kuhn is to be credited with this intellectual shift. But this novel theoretical approach was more easily accommodated by epistemologists of science than scientists themselves. Scientists hardly questioned their methodologies of research and the cognitive field of successful theories. Similarly, in the social sciences, neoclassical economics remained dominant. The neoclassical motto was that economics as science answered only questions of efficiency, not evaluative questions of social justice. The Human Project and the Temptations of Science argues that the model of epistemological unity, at one time embracing positivism, at another time supporting epistemological relativism, is questionable. While empirical science does yield knowledge of the natural world, knowledge of the social world - the world of humans - is necessarily value-laden. Despite the quantitative veneer of neoclassical economics - the dominant paradigm in economics - economic analysis cannot avoid questions of value. The reason is that its foundational concepts, such as rationality and the maximization of expected utility, reflect the necessary value-oriented nature of human behavior. The question posed, then, by The Human Project and the Temptations of Science is what sort of optimal values should humans adopt.

Neoclassical Economics and the Unity of Science

Neoclassical Economics and the Unity of Science PDF Author: Bruce Nevin Shortt
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 556

Book Description


Economic Methodology

Economic Methodology PDF Author: Keith Langford Dougherty
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 124

Book Description


The Unity of the Capitalist Economy and State

The Unity of the Capitalist Economy and State PDF Author: Geert Reuten
Publisher: Historical Materialism
ISBN: 9781642593730
Category : Business & Economics
Languages : en
Pages : 727

Book Description
Geert Reuten offers a systematic exposition of the capitalist system, showing that the capitalist economy and the capitalist state constitute a unity.

Unity Of Nature, The: Wholeness And Disintegration In Ecology And Science

Unity Of Nature, The: Wholeness And Disintegration In Ecology And Science PDF Author: Alan Marshall
Publisher: World Scientific
ISBN: 1783261161
Category : Science
Languages : en
Pages : 289

Book Description
The idea behind The Unity of Nature is a strong theoretical theme in a number of scientific and environmental fields from ecosystems ecology, through quantum physics to environmental philosophy and ecopolitics giving rise to an inspiring, optimistic, socially-responsive and environment-friendly worldview. The fields of science and environmentalism have inherited this theme of natural unity through an intellectual lineage that encompasses many non-scientific and non-environmental fields such as sociology, theology and political philosophy. Many of these fields have used natural unity in a way which is in stark opposition to the metaphysical and political desires of those who promulgate the unity of nature for progressive social change.This book discusses how this has transpired and examines the social and intellectual processes that have been at work. These include the social construction of the Organicism versus Mechanicism debate in ecology, the intellectual links between neo-classical economic principles and the ‘New Sciences’, the techno-scientific background of Gaia theory, and the social conservatism of ecological functionalism.

Special Sciences and the Unity of Science

Special Sciences and the Unity of Science PDF Author: Olga Pombo
Publisher: Springer Science & Business Media
ISBN: 9400720297
Category : Science
Languages : en
Pages : 296

Book Description
Science is a dynamic process in which the assimilation of new phenomena, perspectives, and hypotheses into the scientific corpus takes place slowly. The apparent disunity of the sciences is the unavoidable consequence of this gradual integration process. Some thinkers label this dynamical circumstance a ‘crisis’. However, a retrospective view of the practical results of the scientific enterprise and of science itself, grants us a clear view of the unity of the human knowledge seeking enterprise. This book provides many arguments, case studies and examples in favor of the unity of science. These contributions touch upon various scientific perspectives and disciplines such as: Physics, Computer Science, Biology, Neuroscience, Cognitive Psychology, and Economics.