A Companion to the History of Economic Thought - Chapter 2 ppt

... Platonic absolutism was shaken to the core. It was partially salvaged by Eudoxus’ importation from Chaldea of a dialectical approach to irrationals that became a mathematical image for judicial, ... into a near-mystical formulation of ideal models. This view of a rational perfectible administration is elaborated below in the discussion of analysis. The Platonic theor...

Ngày tải lên: 06/07/2014, 02:20

... translated into the Arabic language. In spite of the significance of the 1964 path-breaking article by Spengler, the real challenge to the Schumpeterian Great Gap thesis came about as a result of ... regional, and international trade all take place (Farabi, 19 82, p. 25 ). The same view is expressed in Kai Kavus’ Qabus Nameh: To benefit the inhabitants of the west...

Ngày tải lên: 06/07/2014, 02:20

... distinct about the Austrian strand. That aspect of Böhm-Bawerk’s capital theory demands distinct attention. Two important advances that were part of Böhm-Bawerk’s capital theory were the idea of the ... one that took the Austrian strand of marginalism away from Menger’s subjectivism and closer to that of Jevons and Walras. 17.4 BÖHM-BAWERK ON CAPITAL A similar story can...

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... (This was written in the late 1930s, but publication was delayed because of the war.) Samuelson later wrote that Value and Capital had prepared the ground for his more mathematical treatment of the subject. ... the standard theory of supply was that of Marshall’s Principles. The main characteristic of this book is that Marshall used a formal mathematical structure as...

Ngày tải lên: 06/07/2014, 02:21

... resulted in a rate of return on capital equal to the sum of the rate of growth of the labor force, the rate of technical progress, and the rate of depreciation. The analysis warned against overinvestment: capital–labor ... collapsed as a result of the instability of the link between the target variable (the monetary base) and the money stock (M1) and...

Ngày tải lên: 06/07/2014, 02:21

... intellectual history, the analyst is the intellectual historian and the agent is the author of the work. Is there symmetry of information between the historian 548 V. BROWN and the author? The author ... as poetry (p. 3). This is an argument about poetic evaluation that is based on an account of meaning as internal to the poem (rather than, say, based on the autho...

Ngày tải lên: 06/07/2014, 03:20

... undergraduate and graduate studies), the relevance and impact of specialized journals, and the themes and areas of basic and applied research, as well as the various association and professionalization ... means that the partial and selective reading of a re- nowned author – that is, the use made of the author as a symbol of authority to guarantee the validity o...

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... since Adam Smith was the first history- of- thought text in the light of the Sraffian revolution. Sraffa’s “corn model” interpretation of Ricardo led to a rational reconstruction of the history of economics ... purposes and hagio- graphy, and that it is too passionate and committed. Murray Rothbard’s treat- ment of Adam Smith is best viewed as a libertarian diatrib...

Ngày tải lên: 06/07/2014, 03:20

... literature of the history of economic thought. Research in the history of economics has for the most part been research in intellectual history; that is, an attempt to understand the ideas of past ... chapters of part II, in particular those of Matthias Klaes and Anthony Waterman, deal with the basic historiographic issues that have generated and are revealed...

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... ideas. As we have seen, many of them were preoccupied with the importance of trade and payment balances, defined either as a positive balance of trade theory or as a positive balance of labor theory. ... ideas propounding the active role of the state in economic modernization and growth. Although the balance of trade theory was perhaps an analytic blind shot, it was r...

Ngày tải lên: 06/07/2014, 02:20