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Modeling Rational Agents
"This book explores the evolution, through the first half of the 20th century, of the key neoclassical concept of rationality. The analysis begins with the development of modern decision theory, covers the interwar debates over the role of perfect foresight and analyzes the first game-theoretic solution concepts of von Neumann and Nash. The author's proposition is that the notion of rationality suffered a profound transformation that reduced it to a formal property of consistency. Such a transformation paralleled that of neoclassical economics as a whole from a discipline dealing with real economic processes to one investigating issues of logical consistency between mathematical relationships."
Research in the History of Economic Thought and Methodology
A collection that includes both refereed articles and review essays of recently published books in the history of economic thought and methodology. It also includes articles that highlight the work of founding editor Warren J Samuels, American economists' role in the creation of federal trade acts, and Islamic economic methodology.
A Research Annual
Includes refereed articles on topics in economic methodology and the history of economics, including Austrian economic methodology and Wesley Mitchell. This collection covers such topics as Adam Smith, John Kenneth Galbraith, Friedrich Nietzsche, Joseph Schumpeter, Janos Kornai, the Chicago School, French econometrics, and financial economics.
Hayek: A Collaborative Biography
This tenth part of Robert Leeson's collaborative biography of Friedrich August von Hayek explores Hayek’s thought on the free market and democracy. Using an unparalleled array of archival materials, Leeson reconstructs Hayek’s thinking as the notorious economist and his acolytes set about reshaping the post-war economic order. Darker areas of Hayek’s thought are also explored, including the influence of eugenics on his thought and his support for radical right-wing dictatorships in South America. Leeson concludes this volume with a collection of chapters written by eminent scholars of Hayek. These chapters cover subjects as diverse as Hayek’s influence on scholars of Darwinian evolution, his views on psychology, and cultural evolution.
A Research Annual
Contains refereed articles on constrasting relational conceptions of the individual in economics. This book also covers the development of Adam Smith's style of lecturing; a comparison of problems encountered in the historian's work as editor, based upon editing Harrod's papers and Haberler's "Prosperity and Depression".
The Institutionalist Movement in American Economics, 1918–1947
This book provides a detailed picture of the institutionalist movement in American economics concentrating on the period between the two World Wars. The discussion brings a new emphasis on the leading role of Walton Hamilton in the formation of institutionalism, on the special importance of the ideals of 'science' and 'social control' embodied within the movement, on the large and close network of individuals involved, on the educational programs and research organizations created by institutionalists and on the significant place of the movement within the mainstream of interwar American economics. In these ways the book focuses on the group most closely involved in the active promotion of the movement, on how they themselves constructed it, on its original intellectual appeal and promise and on its institutional supports and sources of funding.
Crises and Cycles in Economic Dictionaries and Encyclopaedias
This book aims at investigating from the perspective of the major economic dictionaries the notions of economic crisis and cycle. The project consists in giving an extensive summary of a number of significant entries on this subject, with an introductory essay to each entry placing them (and the dictionary to which they belong) in their context, giving some details on the author of the dictionary entry, and assessing the entry’s (and its author’s) contribution. The broad picture (including the history of these encyclopedic tools) will be examined in the introductory essays.
Half-Earth Socialism
A plan to save the earth and bring the good life to all In this thrilling and capacious book, Troy Vettese and Drew Pendergrass challenge the inertia of capitalism and the left alike and propose a radical plan to address climate disaster and guarantee the good life for all. Consumption in the Global North can’t continue unabated, and we must give up the idea that humans can fully control the Earth through technological “fixes” which only wreak further havoc. Rather than allow the forces of the free market to destroy the planet, we must strive for a post-capitalist society able to guarantee the good life the entire planet. This plan, which they call Half-Earth Socialism, means we must: ...
The Protestant Ethic or the Spirit of Capitalism
Since the publication of Max Weber's classic, The Protestant Ethic and the Spirit of Capitalism, it has long been assumed that a distinctly Protestant ethos has shaped the current global economic order. Against this common consensus, Kathryn D. Blanchard argues that the theological thought of John Calvin and the Protestant movement as a whole has much to say that challenges the current incarnation of the capitalist order. This book develops an approach to Christian economic ethics that celebrates God's gift of human freedom, while at the same time acknowledging necessary, and indeed vital, limitations in the context of material and social life. Through sustained interaction with such unlikel...
