The responses to questions such as 'What is the explanation for changes in the unemployment rate?' frequently involve the presentation of a mathematical relationship, a function that relates one set of variables to another set of variables. It should become apparent that as one's understanding of functions, relationships, and variables becomes richer and more detailed, one's ability to provide explanations for economic phenomena becomes stronger and more sophisticated. The author believes that a student's intuition should be involved in the study of mathematical techniques in economics and...
The responses to questions such as 'What is the explanation for changes in the unemployment rate?' frequently involve the presentation of a mathematic...
This is the first full-length survey of current work which examines the compatibility of microeconomics and macroeconomics. Its particular distinction is that it makes accessible, to non-specialists, those extensive modern refinements of general equilibrium theory which are linked to macroeconomics and monetary theory. Part I traces the development and interlocking nature of two scientific research prgrams, macroeconomics and neo-Walrasian analysis. The five chapters in this part examine general equilibrium theory, Keynes' contribution, the 'neoclassical synthesis', and the Clower...
This is the first full-length survey of current work which examines the compatibility of microeconomics and macroeconomics. Its particular distinction...
In "How Economics Became a Mathematical Science" E. Roy Weintraub traces the history of economics through the prism of the history of mathematics in the twentieth century. As mathematics has evolved, so has the image of mathematics, explains Weintraub, such as ideas about the standards for accepting proof, the meaning of rigor, and the nature of the mathematical enterprise itself. He also shows how economics itself has been shaped by economists' changing images of mathematics. Whereas others have viewed economics as autonomous, Weintraub presents a different picture, one in which changes...
In "How Economics Became a Mathematical Science" E. Roy Weintraub traces the history of economics through the prism of the history of mathematics in t...
In "How Economics Became a Mathematical Science" E. Roy Weintraub traces the history of economics through the prism of the history of mathematics in the twentieth century. As mathematics has evolved, so has the image of mathematics, explains Weintraub, such as ideas about the standards for accepting proof, the meaning of rigor, and the nature of the mathematical enterprise itself. He also shows how economics itself has been shaped by economists' changing images of mathematics. Whereas others have viewed economics as autonomous, Weintraub presents a different picture, one in which changes...
In "How Economics Became a Mathematical Science" E. Roy Weintraub traces the history of economics through the prism of the history of mathematics in t...
M. Norton Wise Barbara Herrnstein Smith E. Roy Weintraub
This collection addresses a post-WWII shift in the hierarchy of scientific explanations, where the highest goal moves from reductionism towards some understanding of how elementary objects get built up, or "grown up," into complex, objects whose
This collection addresses a post-WWII shift in the hierarchy of scientific explanations, where the highest goal moves from reductionism towards some u...
Philip Mirowski Barbara Herrnstein Smith E. Roy Weintraub
A leading scholar of the history and philosophy of economic thought, Philip Mirowski argues that there has been a top-to-bottom transformation in how scientific research is organized and funded in Western countries over the past two decades and that these changes necessitate a reexamination of the ways that science and economics interact. Mirowski insists on the need to bring together the insights of economics, science studies, and the philosophy of science in order to understand how and why particular research programs get stabilized through interdisciplinary appropriation, controlled...
A leading scholar of the history and philosophy of economic thought, Philip Mirowski argues that there has been a top-to-bottom transformation in how ...
For much of the twentieth century scientists sought to explain objects and processes by reducing them to their components--nuclei into protons and neutrons, proteins into amino acids, and so on--but over the past forty years there has been a marked turn toward explaining phenomena by building them up rather than breaking them down. This collection reflects on the history and significance of this turn toward "growing explanations" from the bottom up. The essays show how this strategy--based on a widespread appreciation for complexity even in apparently simple processes and on the capacity of...
For much of the twentieth century scientists sought to explain objects and processes by reducing them to their components--nuclei into protons and neu...
The age of the contemplative economist-scholar at home equally in classical languages, economic history, the history of ideas, and mathematical theory, has passed. The history of economics as a subdiscipline has lost touch with the mainstream study of economics. In The Future of the History of Economics, internationally known scholars from ten countries provide a comparative assessment of the subdiscipline. The 26 chapters address different national traditions, journals, professional meetings, graduate and undergraduate education, the socialization of new members of the disciplinary...
The age of the contemplative economist-scholar at home equally in classical languages, economic history, the history of ideas, and mathematical theory...
Finding Equilibrium explores the post-World War II transformation of economics by constructing a history of the proof of its central dogma--that a competitive market economy may possess a set of equilibrium prices. The model economy for which the theorem could be proved was mapped out in 1954 by Kenneth Arrow and Gerard Debreu collaboratively, and by Lionel McKenzie separately, and would become widely known as the "Arrow-Debreu Model." While Arrow and Debreu would later go on to win separate Nobel prizes in economics, McKenzie would never receive it. Till Duppe and E. Roy Weintraub...
Finding Equilibrium explores the post-World War II transformation of economics by constructing a history of the proof of its central dogma--...
New disorders require new polices, says economist Sidney Weintraub. In this book he draws together many of his shorter writings to deal with economic problems that have defied orthodox monetary and fiscal remedies.
Weintraub has long been noted for his vigorous criticism of both monetarist and Keynesian schools of thought for their failure to cope with disorders in our economy involving unemployment and inflation. "Keynes, Keynesians, and Monetarists" contains the original article on TIP, written in collaboration with Henry Wallich, outlining a tax-based incomes policy to combat...
New disorders require new polices, says economist Sidney Weintraub. In this book he draws together many of his shorter writings to deal with econom...