Philosophy of Economics Book

Philosophy of Economics


  • Author : Julian Reiss
  • Publisher : Routledge
  • Release Date : 2013-07-15
  • Genre: Philosophy
  • Pages : 352
  • ISBN 10 : 9781136763328

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Philosophy of Economics Excerpt :

Philosophy of Economics: A Contemporary Introduction is the first systematic textbook in the philosophy of economics. It introduces the epistemological, metaphysical and ethical problems that arise in economics, and presents detailed discussions of the solutions that have been offered. Throughout, philosophical issues are illustrated by and analysed in the context of concrete cases drawn from contemporary economics, the history of economic ideas, and actual economic events. This demonstrates the relevance of philosophy of economics both for the science of economics and for the economy. This text will provide an excellent introduction to the philosophy of economics for students and interested general readers alike.

Philosophy of Economics Book

Philosophy of Economics


  • Author : Dov M. Gabbay
  • Publisher : Elsevier
  • Release Date : 2012-06-12
  • Genre: Business & Economics
  • Pages : 929
  • ISBN 10 : 9780444516763

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Philosophy of Economics Excerpt :

Part of the Handbook of the Philosophy of Science Series edited by: Dov M. Gabbay King's College, London, UK; Paul Thagard University of Waterloo, Canada; and John Woods University of British Columbia, Canada. Philosophy of Economics investigates the foundational concepts and methods of economics, the social science that analyzes the production, distribution and consumption of goods and services. This groundbreaking collection, the most thorough treatment of the philosophy of economics ever published, brings together philosophers, scientists and historians to map out the central topics in the field. The articles are divided into two groups. Chapters in the first group deal with various philosophical issues characteristic of economics in general, including realism and Lakatos, explanation and testing, modeling and mathematics, political ideology and feminist epistemology. Chapters in the second group discuss particular methods, theories and branches of economics, including forecasting and measurement, econometrics and experimentation, rational choice and agency issues, game theory and social choice, behavioral economics and public choice, geographical economics and evolutionary economics, and finally the economics of scientific knowledge. This volume serves as a detailed introduction for those new to the field as well as a rich source of new insights and potential research agendas for those already engaged with the philosophy of economics. Provides a bridge between philosophy and current scientific findings Encourages multi-disciplinary dialogue Covers theory and applications

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The Philosophy of Economics


  • Author : Daniel M. Hausman
  • Publisher : Cambridge University Press
  • Release Date : 2008
  • Genre: Business & Economics
  • Pages : 11
  • ISBN 10 : 9780521883504

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The Philosophy of Economics Excerpt :

This volume, explores the nature of economics as a science, including classic texts and newer essays.

Philosophy of Economics Book

Philosophy of Economics


  • Author : Oliver Schlaudt
  • Publisher : Routledge
  • Release Date : 2021-10-28
  • Genre: Business & Economics
  • Pages : 228
  • ISBN 10 : 9781000465761

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Philosophy of Economics Excerpt :

Philosophy of Economics: A Heterodox Introduction provides an introduction to the philosophy of economics through the prism of heterodoxy. Heterodox economics covers a range of approaches and schools of thought but what they have as a common denominator is the conviction that economic phenomena cannot be understood, and thus must not be studied, in isolation from their relevant context. Conversely, the current form of neoclassical economics emerged from the conviction that there is something like economic rationality sui generis which can be treated independently from all other aspects of our world, social or natural. Heterodox approaches challenge this conviction, from a variety of angles: the economic actor is not isolated, but lives in society which shapes him; market goods are only one kind of goods among others, constituting a larger set with ambiguous and shifting inner frontiers; production of goods takes place within nature, is subjected to physical laws and induces in most cases ecologically problematic fluxes of matter (e.g. waste); finally, the whole economic process in general is not in equilibrium, but shows secular trends through which it is connected to the historical world. This book demonstrates the vitality of these heterodox challenges from a philosophical point of view because not only do they formulate new hypotheses within economics, but they challenge economic theory on a much more fundamental level: how is the economy situated in the world, and which are the right methods for its investigation? This book is an ideal introduction for anyone seeking alternative or critical perspectives on the philosophy of economics and economic theory.

The Future of the Philosophy of Economics Book

The Future of the Philosophy of Economics


  • Author : Constanze Binder
  • Publisher : Routledge
  • Release Date : 2018-04-19
  • Genre: Business & Economics
  • Pages : 154
  • ISBN 10 : 9781315462035

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The Future of the Philosophy of Economics Excerpt :

Originating from the International Network for Economic Method conference, hosted by the Erasmus Institute for Economics and Philosophy (EIPE) at the Erasmus University Rotterdam in 2013, this book chooses key themes that reflect on fascinating new developments in the philosophy of economics. Contributions discuss new avenues and debates in important and upcoming areas, such as the philosophy of economic policy making, decision theory, ethics, and new questions in economic methodology. The book offers an excellent insight into cutting edge research in these fields that are about to shape the future of the philosophy of economics. This book was originally published as a special issue of The Journal of Economic Methodology.

The Oxford Handbook of Philosophy of Economics Book

The Oxford Handbook of Philosophy of Economics


  • Author : Harold Kincaid
  • Publisher : Oxford Handbooks
  • Release Date : 2009-03-26
  • Genre: Business & Economics
  • Pages : 689
  • ISBN 10 : 9780195189254

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The Oxford Handbook of Philosophy of Economics Excerpt :

This volume is the first comprehensive, cohesive, and accessible reference source to the philosophy of economics, presenting important new scholarship by top scholars.

A Modern Guide to Philosophy of Economics Book

A Modern Guide to Philosophy of Economics


  • Author : Kincaid, Harold
  • Publisher : Edward Elgar Publishing
  • Release Date : 2021-08-27
  • Genre: Business & Economics
  • Pages : 384
  • ISBN 10 : 9781788974462

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A Modern Guide to Philosophy of Economics Excerpt :

This insightful Modern Guide offers a broad coverage of questions and controversies encountered by contemporary economists. A refreshing approach to philosophy of economics, chapters comprise a range of methodological and theoretical perspectives, from lab and field experiments to macroeconomics and applied policy work, written using a familiar, accessible language for economists.

Philosophy of Mathematics and Economics Book

Philosophy of Mathematics and Economics


  • Author : Thomas A. Boylan
  • Publisher : Routledge
  • Release Date : 2018-04-09
  • Genre: Business & Economics
  • Pages : 334
  • ISBN 10 : 9781351124546

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Philosophy of Mathematics and Economics Excerpt :

With the failure of economics to predict the recent economic crisis, the image of economics as a rigorous mathematical science has been subjected to increasing interrogation. One explanation for this failure is that the subject took a wrong turn in its historical trajectory, becoming too mathematical. Using the philosophy of mathematics, this unique book re-examines this trajectory. Philosophy of Mathematics and Economics re-analyses the divergent rationales for mathematical economics by some of its principal architects. Yet, it is not limited to simply enhancing our understanding of how economics became an applied mathematical science. The authors also critically evaluate developments in the philosophy of mathematics to expose the inadequacy of aspects of mainstream mathematical economics, as well as exploiting the same philosophy to suggest alternative ways of rigorously formulating economic theory for our digital age. This book represents an innovative attempt to more fully understand the complexity of the interaction between developments in the philosophy of mathematics and the process of formalisation in economics. Assuming no expert knowledge in the philosophy of mathematics, this work is relevant to historians of economic thought and professional philosophers of economics. In addition, it will be of great interest to those who wish to deepen their appreciation of the economic contours of contemporary society. It is also hoped that mathematical economists will find this work informative and engaging.

Economic Philosophy Book

Economic Philosophy


  • Author : Joan Robinson
  • Publisher : Routledge
  • Release Date : 2021-03-29
  • Genre: Business & Economics
  • Pages : 140
  • ISBN 10 : 9781000358087

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Economic Philosophy Excerpt :

Joan Robinson (1903-1983) was one of the greatest economists of the twentieth century and a fearless critic of free-market capitalism. A major figure in the controversial ‘Cambridge School’ of economics in the post-war period, she made fundamental contributions to the economics of international trade and development. In Economic Philosophy Robinson looks behind the curtain of economics to reveal a constant battle between economics as a science and economics as ideology, which she argued was integral to economics. In her customary vivid and pellucid style, she criticizes early economists Adam Smith and David Ricardo, and neo-classical economists Alfred Marshall, Stanley Jevons and Leon Walras, over the question of value. She shows that what they respectively considered to be the generators of value - labour-time, marginal utility or preferences - are not scientific but ‘metaphysical’, and that it is frequently in ideology, not science, that we find the reason for the rejection of economic theories. She also weighs up the implications of the Keynesian revolution in economics, particularly whether Keynes’s theories are applicable to developing economies. Robinson concludes with a prophetic lesson that resonates in today’s turbulent and unequal economy: that the task of the economist is to combat the idea that the only values that count are those that can be measured in terms of money. This Routledge Classics edition includes a new foreword by Sheila Dow.

The Philosophy of Keynes s Economics Book

The Philosophy of Keynes s Economics


  • Author : Jochen Runde
  • Publisher : Psychology Press
  • Release Date : 2003
  • Genre: Business & Economics
  • Pages : 284
  • ISBN 10 : 9780415281539

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The Philosophy of Keynes s Economics Excerpt :

John Maynard Keynes is undoubtedly the most influential Western economist of the twentieth century. His emphasis on the nature and role of uncertainty in economic thought is a dominant theme in his writings. This book brings together a wide array of experts on Keynes' thought such as Gay Tulip Meeks, Sheila Dow and John Davis who discuss, analyse and criticise such themes as Keynesian probability and uncertainty, the foundations of Keynes' economics and the relationship between Keynes' earlier and later thought. The Philosophy of Keynes' Economics is a readable and comprehensive book that will interest students and academics interested in the man and his thought.

The Philosophy of Causality in Economics Book

The Philosophy of Causality in Economics


  • Author : Mariusz Maziarz
  • Publisher : Routledge
  • Release Date : 2020-05-13
  • Genre: Business & Economics
  • Pages : 208
  • ISBN 10 : 9781000069105

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The Philosophy of Causality in Economics Excerpt :

Approximately one in six top economic research papers draws an explicitly causal conclusion. But what do economists mean when they conclude that A ‘causes’ B? Does ‘cause’ say that we can influence B by intervening on A, or is it only a label for the correlation of variables? Do quantitative analyses of observational data followed by such causal inferences constitute sufficient grounds for guiding economic policymaking? The Philosophy of Causality in Economics addresses these questions by analyzing the meaning of causal claims made by economists and the philosophical presuppositions underlying the research methods used. The book considers five key causal approaches: the regularity approach, probabilistic theories, counterfactual theories, mechanisms, and interventions and manipulability. Each chapter opens with a summary of literature on the relevant approach and discusses its reception among economists. The text details case studies, and goes on to examine papers which have adopted the approach in order to highlight the methods of causal inference used in contemporary economics. It analyzes the meaning of the causal claim put forward, and finally reconstructs the philosophical presuppositions accepted implicitly by economists. The strengths and limitations of each method of causal inference are also considered in the context of using the results as evidence for policymaking. This book is essential reading to those interested in literature on the philosophy of economics, as well as the philosophy of causality and economic methodology in general.

The Routledge Handbook of the Philosophy of Economics Book

The Routledge Handbook of the Philosophy of Economics


  • Author : Conrad Heilmann
  • Publisher : Routledge
  • Release Date : 2021-11-30
  • Genre: Philosophy
  • Pages : 532
  • ISBN 10 : 9781317578055

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The Routledge Handbook of the Philosophy of Economics Excerpt :

The most fundamental questions of economics are often philosophical in nature, and philosophers have, since the very beginning of Western philosophy, asked many questions that current observers would identify as economic. The Routledge Handbook of Philosophy of Economics is an outstanding reference source for the key topics, problems, and debates at the intersection of philosophical and economic inquiry. It captures this field of countless exciting interconnections, affinities, and opportunities for cross-fertilization. Comprising 35 chapters by a diverse team of contributors from all over the globe, the Handbook is divided into eight sections: I. Rationality II. Cooperation and Interaction III. Methodology IV. Values V. Causality and Explanation VI. Experimentation and Simulation VII. Evidence VIII. Policy The volume is essential reading for students and researchers in economics and philosophy who are interested in exploring the interconnections between the two disciplines. It is also a valuable resource for those in related fields like political science, sociology, and the humanities.

Philosophy in the Time of Economic Crisis Book

Philosophy in the Time of Economic Crisis


  • Author : Kenneth W. Stikkers
  • Publisher : Routledge
  • Release Date : 2017-08-23
  • Genre: Business & Economics
  • Pages : 192
  • ISBN 10 : 9781351687232

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Philosophy in the Time of Economic Crisis Excerpt :

For over 2000 years, economics was studied in the West as a branch of ethics, or moral philosophy. Presently, though, few economists and no textbook in economic orthodoxy claim any close connection between economic science and philosophy. However, might the current ‘crises’ in economics, and in the economics profession have their deep roots in the separation of economics from philosophy and ethics? American pragmatism, among the various contemporary philosophic traditions, lends itself specially to dialogue with economics because of its view of philosophy as an instrument for solving the real, concrete problems of human life, both personal and social. The essays in this volume, drawing heavily on the tradition of pragmatism, suggest that the economic crises of our time (the 2008 collapse of real estate and finance markets) might not be merely technical in nature - that is, the result of faulty applications of economic tools by politicians and policy makers, based up conventional economic models - but also due to the faulty philosophical assumptions underlying those models. These essays suggest that the overcoming of our current economic crises requires that economists once again become moral philosophers, or that philosophers once again engage themselves in economic matters. In either case, this volume aims to foster dialogue between the two disciplines and in that way, contribute to the improvement of contemporary economic life. This book is suitable for those who study political economy, economic theory and economic philosophy.

Philosophical Problems of Behavioural Economics Book

Philosophical Problems of Behavioural Economics


  • Author : Stefan Heidl
  • Publisher : Routledge
  • Release Date : 2016-05-05
  • Genre: Business & Economics
  • Pages : 176
  • ISBN 10 : 9781317267843

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Philosophical Problems of Behavioural Economics Excerpt :

The goal of behavioural economics is to improve the explanatory and predictive power of economics. This can be achieved by using theoretical and methodological resources of psychology. Its fundamental idea is that the relationship between psychology and economics cannot be subsumed under standard philosophical accounts of intertheoretical relations. Philosophical Problems of Behavioural Economics argues that behavioural economics is best understood as an attempt to deidealize economic theory guided by psychological research. Behavioural economics deconstructs the model of decision-making by adding different elements. Based on this understanding behavioural economics has a number of tasks: first, it has to identify which economic theory needs to be challenged; second it aims to identify factors which need to be modelled within economic theories of choice and modify the theory accordingly; and finally, it has to create models that explain economic phenomena based on the new theory. This book analyses the different stages of this deconstruction process and shows how the scientific disciplines of economics and psychology are connected by it. This volume develops a new account of intertheoretical relations based on the idea of deidealization and thus contributes to debates within the philosophy of social science. It is suitable for those who are interested in or study economic theory and philosophy, economic psychology and philosophy of social science.

Examining the Relationship Between Economics and Philosophy Book

Examining the Relationship Between Economics and Philosophy


  • Author : Akansel, Ilkben
  • Publisher : IGI Global
  • Release Date : 2019-10-25
  • Genre: Business & Economics
  • Pages : 338
  • ISBN 10 : 9781799810391

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Examining the Relationship Between Economics and Philosophy Excerpt :

In today’s data-driven world, certain infrastructures of society have begun to lose their anthropological traits. Economics, specifically, has started placing importance on quantity over quality, excluding its philosophical perspective. Scientists and associates of economics need to be reacquainted with the psychological aspect of commerce and its significance to humanity. Examining the Relationship Between Economics and Philosophy is an essential reference source that discusses the psychological view of economics as well as its philosophical background. Featuring research on topics such as cognitive science, neoliberalism, and neuroeconomics, this book is ideally designed for scientists, economists, managers, executives, academicians, researchers, and students seeking coverage on the philosophy of the financial system and its impact on competitive markets.