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The Limits of Economic Science

The Limits of Economic Science
Author: R.B. McKenzie
Publisher: Springer Science & Business Media
Total Pages: 135
Release: 2012-12-06
Genre: Business & Economics
ISBN: 9400974213

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The essays in this volume were a challenge to me to write. I am an economist to the core, inclined to evaluate most observed behavior and public policies with conventional neoclassical theory. The essays represent my attempt to come to grips with the meaning and importance of what I try to do as a professional economist. They reflect my attempt to acquire a new and improved understanding of the usefulness and limitations of the writings of professional economists, especially my own. In this regard, although I hope others will find the thoughts useful, the volume represents a personal statement of how one economist views his and others' work. For that reason the discussion is often openly normative, tinged with the conviction that social discourse is more than costs and benefits and that economics cannot be fully evaluated by the methods - economic methods - that are the subject of the evaluation. These essays could not have been written without considerable encouragement and help from colleagues and friends. The following people are recognized for having read one or more chapters and for having contributed critical, substantive comments: Diana Bailey, Wilfred Beckerman, Geoffrey Brennan, William Briet, James Buchanan, Delores Martin, David Maxwell, Mary Ann McKenzie, Warren Samuels, Robert Staaf, Richard Wagner, Karen Vaughn, and Bruce Yandle. I am very much in their debt. However, they should not be held accountable for any of the positions taken and any errors that may remain.


The Limits of Economic Science

The Limits of Economic Science
Author: Richard B. McKenzie
Publisher:
Total Pages: 127
Release: 1983
Genre: Economics
ISBN: 9780631129684

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The Limits of Economics

The Limits of Economics
Author: Oskar Morgenstern
Publisher: London : W. Hodge
Total Pages: 174
Release: 1937
Genre: Economic policy
ISBN:

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"As compared with the German edition ... which appeared in 1934, the present edition has been revised to a considerable extent."--Foreword, signed: Oskar Morgenstern. "Appendix" (chiefly bibliographical): p. 153-160.


Economic Theory and Cognitive Science

Economic Theory and Cognitive Science
Author: Don Ross
Publisher: MIT Press
Total Pages: 466
Release: 2005
Genre: Business & Economics
ISBN: 9780262182461

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A hilariously funny cookbook–cum–how–I–did–it memoir by the chef/restaurateur who created New York's dazzling Ápizz restaurant. At the age of thirty–seven, John LaFemina left a lucrative career as a jeweler to become a chef. Instead of going back to school, or getting on–the–job training, he did it the hard way: he bought the restaurant and then taught himself to cook. Today he owns two of New York's great Italian restaurants–Ápizz and Peasant–and is one of the city's most–talked–about chefs, earning rave reviews from fans and critics. In this gorgeous cookbook, he not only shares scores of recipes, but describes his life as a Canarsie boy learning about meatballs and macaroni in his mother's kitchen–and reveals how he drew on a lifetime of Italian cooking, and his own hard work and exquisite taste to create his dream restaurant from scratch. LaFemina takes us step–by–step through the process of finding the perfect location (and figuring out how many meatballs you have to sell to pay the rent), designing a restaurant, procuring all the necessary permits and licenses, and creating the menu. And this is just the first part of running a restaurant. He shares his experiences in dealing with the public and the press, unexpected disasters, and finally, basking in the glory of a popular restaurant. Along with his inspiring story, John LaFemina also shares 100 mouthwatering recipes, including: Lasagna with Braised Wild Boar Mushroom Risotto Veal, Beef, and Pork Meatballs with Ricotta Filling Open Ravioli with Roasted Butternut Squash Creamsicle Panna Cotta Chocolate Banana Bread Pudding


Physical Limits to Economic Growth

Physical Limits to Economic Growth
Author: Roberto Burlando
Publisher: Routledge
Total Pages: 246
Release: 2017-12-22
Genre: Business & Economics
ISBN: 1315314940

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The debate on the physical limits and constraints to the economic growth of globalized society is now widespread. This book explores the physical and economic aspects of the conflict between humans, with their thoughtless focus on growth through material production, and environmental constraints. In the context of the looming shortage of material resources and the latest science on climate change, Physical Limits to Economic Growth offers new insights which provide a broad and comprehensive picture of the conflict between humans and environmental constraints. The authors’ approach goes beyond the boundaries of specialized disciplines to explore climate change, resource depletion, technical innovation and the interactions between these within the socio-economic-institutional systems we live in. This volume looks at opportunities for rethinking these systems if we moved away from fossil fuel dependence, while considering the status of current mainstream economic thinking around this subject. Physical Limits to Economic Growth provides a genuine interdisciplinary examination of the physical limits to economic growth. It will be of interest to both students and academics in various disciplines in the areas of natural sciences, climate change and economics.


The Limits to Growth

The Limits to Growth
Author: Donella H. Meadows
Publisher: Universe Pub
Total Pages: 0
Release: 1972
Genre: Economic development.
ISBN: 9780876632222

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Examines the factors which limit human economic and population growth and outlines the steps necessary for achieving a balance between population and production. Bibliogs


Economics Rules

Economics Rules
Author: Dani Rodrik
Publisher: Oxford University Press, USA
Total Pages: 268
Release: 2015
Genre: Business & Economics
ISBN: 0198736894

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A leading economist trains a lens on his own discipline to uncover when it fails and when it works.


The Limits of Public Choice

The Limits of Public Choice
Author: Lars Udehn
Publisher: Routledge
Total Pages: 468
Release: 2002-09-11
Genre: Business & Economics
ISBN: 1134802021

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Public choice has been one of the most important developments in the social sciences in the last twenty years. However there are many people who are frustrated by the uncritical importing of ideas from economics into political science. Public Choice uses both empirical evidence and theoretical analysis to argue that the economic theory of politics is limited in scope and fertility. In order to arrive at a more comprehensive understanding of political life, political scientists must learn from both economists and sociologists.


The Limits of Rationality

The Limits of Rationality
Author: Karen Schweers Cook
Publisher: University of Chicago Press
Total Pages: 436
Release: 2008-10-03
Genre: Political Science
ISBN: 0226742415

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Prevailing economic theory presumes that agents act rationally when they make decisions, striving to maximize the efficient use of their resources. Psychology has repeatedly challenged the rational choice paradigm with persuasive evidence that people do not always make the optimal choice. Yet the paradigm has proven so successful a predictor that its use continues to flourish, fueled by debate across the social sciences over why it works so well. Intended to introduce novices to rational choice theory, this accessible, interdisciplinary book collects writings by leading researchers. The Limits of Rationality illuminates the rational choice paradigm of social and political behavior itself, identifies its limitations, clarifies the nature of current controversies, and offers suggestions for improving current models. In the first section of the book, contributors consider the theoretical foundations of rational choice. Models of rational choice play an important role in providing a standard of human action and the bases for constitutional design, but do they also succeed as explanatory models of behavior? Do empirical failures of these explanatory models constitute a telling condemnation of rational choice theory or do they open new avenues of investigation and theorizing? Emphasizing analyses of norms and institutions, the second and third sections of the book investigate areas in which rational choice theory might be extended in order to provide better models. The contributors evaluate the adequacy of analyses based on neoclassical economics, the potential contributions of game theory and cognitive science, and the consequences for the basic framework when unequal bargaining power and hierarchy are introduced.


The Limitations of Marginal Utility (Essential Economics Series: Celebrated Economists)

The Limitations of Marginal Utility (Essential Economics Series: Celebrated Economists)
Author: Thorstein Veblen
Publisher: Read Books Ltd
Total Pages: 23
Release: 2015-02-10
Genre: Business & Economics
ISBN: 1473399114

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Originally published in 1909, this is a work by Thorstein Veblen, an American economist and sociologist. It is an article written for the Journal of Political Economy publication outlining some of his theories on economics. We are republishing this work with a brand new introductory biography of the author with the aim of placing it in the context of his other writings and achievements. The following passage is an extract from the article: 'The limitations of the marginal-utility economics are sharp and characteristic. It is from first to last a doctrine of value, and in point of form and method it is a theory of valuation. The whole system, therefore, lies within the theoretical field of distribution, and it has but a secondary bearing on any other economic phenomena than those of distribution -- the term being taken in its accepted sense of pecuniary distribution, or distribution in point of ownership.'