A Companion to the History of Economic Thought - Chapter 33 potx

... putatively scalar, aggregative magnitudes. Another explanation that locates the problem in the historian rather than in the data sees the motive for mathematical exegesis as a desire to confirm and ... that a paraphrase of the former in the language of mathematics might be a useful “exegetical tool.” Quine’s objection holds against all forms of translation and therefo...

Ngày tải lên: 06/07/2014, 03:20

... 326). That Marshall was an inveterate collector of “facts” was ignored by Cunningham, as were the early chapters of Marshall’s Principles, devoted as they were to a historical account of economic ... Polit- ical Economy was the convenient stopgap. (Ashley, 1888, p. 10) But at Harvard Ashley now spoke of the work of Ingram and Leslie as belong- ing to the past, that t...

Ngày tải lên: 06/07/2014, 02:20

... both by the Chicago school, which reinstated a free-market approach both to micro- and macro-issues and, surprisingly, also as a result of the lukewarm acceptance of the mark-up pricing approach ... approach rather than a reason to discard it. Perfect competition was shown to be a special case, rather than the general case prevailing in actual markets, when supply an...

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... Waterman, deal with the basic historiographic issues that have generated and are revealed by the many research styles found in the literature of the history of economic thought. Research in the ... Historians have followed the ideas of economists as they passed into and through the hands of – and were often trans- formed by – popularizers, intellectuals-at-large, l...

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... 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...

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... 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 ... Arab-Islamic inappropriate. Writing in Arabic, the language of theology, the Prophet and the Caliphs until the Ottoman days, and the medieval international language...

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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. ... “national economist” was the American Alexander Hamilton, the first finance minister of the USA. At the American Congress in 1790, he presented a “Report on Manufacture...

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... that the latter could pay all of the taxes to the king and the Church. Then farmers would no longer fear the tax administrators and their capital would be free of any threat, as would be the agricultural ... while also claiming to have examined in detail the formation and the working of capital and the interest rate. As a matter of fact, while the physiocrats...

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... but this is a misleading way to categorize them. Trade had always been taxed and regulated, and there was no established notion of free trade to act as a benchmark. What was new in the seventeenth ... by any of the varied factors that he thought relevant) could lead to unemployment. It was the duty of the states- man to ensure that the people were employed. Steua...

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... turn, the capital of the wholesale merchant replaces, together with their profits, the capitals of the farmers and manufacturers of whom he purchases the rude and manufactured products that he deals ... not easily attainable in an age in which the division of labor has increased the quantity of science through special- ization. Smith was aware of the division of l...

Ngày tải lên: 06/07/2014, 02:20