Inside the economist s mind phần 9 ppt

... theory. statistics GAME THEORY chemistry psychology economics . . . . . biology political science . . . mathematics computer science law of the aspects and understands less and less of the others. ... this in the game-theoretic sociology, just as there was no justification for it in the mathematics sociology. Each one of these branches of the discipline makes its contribution. In man...

Ngày tải lên: 09/08/2014, 19:21

... by Keynes s flippancies about Marshall and the classics”), handsomely acknowledged wisdoms in The General Theory s approaches in his 195 0 Keynes s General Theory: A Retrospective View. I belabor this ... flows, as well as the Marxian transformation problem ( 197 1), and other issues in Classical economics ( 195 7, 197 8). In macroeconomics, Samuelson s multiplier–accelerator macrodyna...

Ngày tải lên: 09/08/2014, 19:21

... fund theory is an example, where economists confused a fund with a flow. My instructor, Shorey Peterson, at Michigan, stressed this, but it was also my physics professors that stressed to me the ... his life has been well documented in newspapers and maga- zines: While at the IMF, he was on the front lines during the Mexican crisis, the Russian crisis, the Asian crises, and many ot...

Ngày tải lên: 09/08/2014, 19:21

... cetera. The entire course consisted of his assigning exercises and then calling on the students to present the solutions on the blackboard. It s called the Moore method—no lectures, only exercises. ... 15a, and the list can be made much longer. But of course, all these discussions are only the barest of hints. We still need the game theory to understand these matters. The T...

Ngày tải lên: 10/08/2014, 07:21

... established him as the economists’ economist by raising the standards of the entire profession. Paul Samuelson s classic textbook, Economics, first published in 194 8, is among the most successful ... to see that the history of economics is not just the history told by the research scientists themselves, but it is a history of the import and impact of ideas (see Bernstein 2001...

Ngày tải lên: 09/08/2014, 19:21

... overlapping- generations model, as two classes of households. One class can trade assets against the state of the world, while the other can’t because it is born later, so it has to trade just on the spot market. ... militant Marxist economist. When I developed input–output analysis it was as a response to the weaknesses of classical–neoclassical supply-and-demand analysis. It was...

Ngày tải lên: 09/08/2014, 19:21

... Economics, is now writing a paper analyzing the East Asian crisis using the same concept to explain the situation there. The relation- ship between the government, banks, and enterprises show signs ... laboriously in about 30 pages. The reason for the laboriousness was in part because the theorem was so much against the grain of the teachings of corporate finance the art a...

Ngày tải lên: 09/08/2014, 19:21

... career? Friedman: So far as your questions about economics versus statistics is concerned, you should note that, for the two years before I went to the Statistical Research Group, I was at the U .S. Treasury ... tested and I derived its implications. I tested those implications and, on the whole, they tended to confirm the hypothesis. I suggested additional tests that should be made...

Ngày tải lên: 09/08/2014, 19:21

... but also that they should have smooth time paths. The data show the slow and smooth cross-variable responses, but not the correspondingly smooth time paths. The stickiness paper showed how you could ... and his influence got the work some attention, but it s true that most economists found these methods hard to follow. Hansen: Your first job was as an assistant professor at Harvard....

Ngày tải lên: 09/08/2014, 19:21

... Pierre Dehez, set the standards! One of the indicators of success is that EDP has been copied and emulated by several others. These joint degrees, with obligation for the students to spend time at two institutions, ... discussions between Jean Gabzsewicz and Jacques Thisse. Then, Louis Phlips convened the first meeting of about 30 economists from different European countries where the...

Ngày tải lên: 09/08/2014, 19:21