Hahn And Economic Methodology
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Author | : Thomas Boylan |
Publisher | : Routledge |
Total Pages | : 160 |
Release | : 2012-03-15 |
Genre | : Business & Economics |
ISBN | : 1136462023 |
Hahn on Methodology: The Quest for Understanding addresses two fundamental questions: (i) what is distinctive about economic theorising?; (ii) what is the cognitive value of the outcome of this activity of economic theorising, i.e. economic theory. We will argue that for Hahn, economic theorising is distinctive with respect to four dimensions. Firstly, the aim of economic theory is neither to describe nor explain the real economic world, as in the physical sciences. Rather the aim is to achieve objective, but non-scientific, understanding. Secondly, the central question for economic theory remains for Hahn how to understand, but not to predict as in physics for instance, how decentralised choices interact and perhaps get co-ordinated. Thirdly, Hahn identifies ‘three commitments’ without which, he argues, economic theorising for him is not possible. Finally, economic theorising has a distinctive approach, which Hahn calls its ‘grammar of argumentation’ .
Author | : Thomas A. Boylan |
Publisher | : Psychology Press |
Total Pages | : 165 |
Release | : 2012 |
Genre | : Business & Economics |
ISBN | : 9780203127346 |
Frank Hahn's powerful critiques of current economic methodology and innovative reconstructions of economic theorizing have long challenged the views of practising economists. This is the first book-length study of Hahn's methodological writings, and is essential reading for any scholar with an interest in the philosophy of economics.
Author | : Barbara Hahn |
Publisher | : Cambridge University Press |
Total Pages | : 239 |
Release | : 2020-01-23 |
Genre | : Business & Economics |
ISBN | : 1107186803 |
Places the British Industrial Revolution in global context, providing a fresh perspective on the relationship between technology and society.
Author | : L. Albert Hahn |
Publisher | : Oxford University Press |
Total Pages | : 260 |
Release | : 2015-10-08 |
Genre | : Business & Economics |
ISBN | : 0191034754 |
L. Albert Hahn published the first edition of the Economic Theory of Bank Credit in 1920 and a radically revised third edition in 1930. Economic Theory of Bank Credit is a clear exposition of a theory of credit and stands in the tradition of Harley Withers, Henry Macleod, and Knut Wicksell. A theory of credit recognizes that banks are not only intermediaries of savings but in fact create money themselves. This idea is paired with a detailed account of the technical processes of the banking sector. In Part Two, Hahn provides an economic account of the effects of credit creation on the economy: banks vary their credit creation activity for various reasons and cause fluctuations in overall economic activity. Hahn therefore develops a monetary theory of the business cycle in the spirit of Schumpeter. The first and third editions draw different conclusions about central bank policy. The first edition is optimistic that an ever-lasting boom could be achieved, whilst the third edition sees the core function of central bank policy as smoothing economic fluctuations. This edition, translated into English for the first time, enables the reader to revisit this classic contribution to monetary theory. It features a complete translation of the first edition, key elements of the third edition, and a new introduction by Professor Harald Hagemann.
Author | : Lawrence Boland |
Publisher | : Routledge |
Total Pages | : 319 |
Release | : 2005-08-18 |
Genre | : Business & Economics |
ISBN | : 1134778090 |
Lawrence Boland takes issue with both economic methodologists and practicing economists. He argues that there has been too much 'methodology for methodology's sake' and that mainstream economics might benefit by using methodology to take a critical look at economic theory.
Author | : Luca Fiorito |
Publisher | : Emerald Group Publishing |
Total Pages | : 178 |
Release | : 2024-01-19 |
Genre | : Business & Economics |
ISBN | : 1804559326 |
Research in the History of Economic Thought and Methodology (RHETM) is a book series dedicated to an interdisciplinary approach to a broad range of topics related to the history and methodology of economics.
Author | : Brian J. Loasby |
Publisher | : Edward Elgar Publishing |
Total Pages | : 272 |
Release | : 1989 |
Genre | : Biography & Autobiography |
ISBN | : |
This major book comprises amongst other essays critical appraisals of major economists including Alfred Marshall, Joan Robinson, G.B. Richardson, W.J. Baumol, Frank Hahn and Herbert Simon and of Austrian economics and diverse approaches to co-ordination failure in macroeconomics.
Author | : Uskali Mäki |
Publisher | : Psychology Press |
Total Pages | : 332 |
Release | : 1993 |
Genre | : Business & Economics |
ISBN | : 9780415092081 |
First published in 1993. Routledge is an imprint of Taylor & Francis, an informa company.
Author | : Roger Backhouse |
Publisher | : Psychology Press |
Total Pages | : 404 |
Release | : 1994 |
Genre | : Economics |
ISBN | : 0415096375 |
While work on economic methodology has increased this has been coupled with a lack of consensus about the direction and content of the discipline. This book reflects this growing diversity with contributions from the leading methodologists.
Author | : Patrick O'Sullivan |
Publisher | : Taylor & Francis |
Total Pages | : 285 |
Release | : 2012-07-26 |
Genre | : Business & Economics |
ISBN | : 1136736905 |
First published in 1987, Professor O'Sullivan's work provides an in depth philosophical examination of the foundations of method in Economics and other human sciences. The argument is unabashedly dialectical in the great Socratic-Platonic tradition, and the reissue will be very welcome to all students of methodology, in particular those students of economic methodology seeking a refreshing alternative to yet more mathematical game playing. In an age dominated and perhaps to an extent perplexed by an ultimately non-committal postmodernism the book provides a root and branch critique of the epistemological relativism which must lie at the root of the whole post-modernist approach; and in reasserting the fundamental importance not only for the methods of science but also for European civilisation of the pursuit of truth it takes a stance which is very much against the tide of the times. A heterodox perspective is also provided and defended in detail regarding the real nature of economic methodology whereby it is shown that Economics epitomises a teleological mode of explanation which is significantly different from the efficient causal modes of explanation of the natural sciences. In fact Economics is the ultimate subjectivist/interpretative discipline in the methodological sense of Max Weber and Alfred Schutz, a fact which has only been recognised (and welcomed) in the Austrian school of Economics.