The Unity Of Science And Economics
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Author | : Jing Chen |
Publisher | : Springer |
Total Pages | : 148 |
Release | : 2015-11-06 |
Genre | : Science |
ISBN | : 149393466X |
This book presents a new economic theory developed from physical and biological principles. It explains how technology, social systems and economic values are intimately related to resources. Many people have recognized that mainstream (neoclassical) economic theories are not consistent with physical laws and often not consistent with empirical patterns, but most feel that economic activities are too complex to be described by a simple and coherent mathematical theory. While social systems are indeed complex, all life systems, including social systems, satisfy two principles. First, all systems need to extract resources from the external environment to compensate for their consumption. Second, for a system to be viable, the amount of resource extraction has to be no less than the level of consumption. From these two principles, we derive a quantitative theory of major factors in economic activities, such as fixed cost, variable cost, discount rate, uncertainty and duration. The mathematical theory enables us to systematically measure the effectiveness of different policies and institutional structures at varying levels of resource abundance and cost.The theory presented in this book shows that there do not exist universally optimal policies or institutional structures. Instead, the impacts of different policies or social structures have to be measured within the context of existing levels of resource abundance. As the physical costs of extracting resources rise steadily, many policy assumptions adopted in mainstream economic theories, and workable in times of cheap and abundant energy supplies and other resources, need to be reconsidered. In this rapidly changing world, the theory presented here provides a solid foundation for examining the long-term impacts of today's policy decisions.
Author | : Olga Pombo |
Publisher | : Springer Science & Business Media |
Total Pages | : 296 |
Release | : 2012-02-01 |
Genre | : Science |
ISBN | : 9400720300 |
Science is a dynamic process in which the assimilation of new phenomena, perspectives, and hypotheses into the scientific corpus takes place slowly. The apparent disunity of the sciences is the unavoidable consequence of this gradual integration process. Some thinkers label this dynamical circumstance a ‘crisis’. However, a retrospective view of the practical results of the scientific enterprise and of science itself, grants us a clear view of the unity of the human knowledge seeking enterprise. This book provides many arguments, case studies and examples in favor of the unity of science. These contributions touch upon various scientific perspectives and disciplines such as: Physics, Computer Science, Biology, Neuroscience, Cognitive Psychology, and Economics.
Author | : Bruce Nevin Shortt |
Publisher | : |
Total Pages | : 556 |
Release | : 1983 |
Genre | : Economics |
ISBN | : |
Author | : Lansana Keita |
Publisher | : BRILL |
Total Pages | : 164 |
Release | : 2022-07-18 |
Genre | : Philosophy |
ISBN | : 9004495150 |
On account of the impressive yield of empirical science since the dawn of modern era, theorists of human behavior have sought eagerly to adopt its methodology to explain and predict behavior in the same way that natural science does with respect to natural phenomena. Thus, the positivist principle endorsed the unity of science approach to both the natural and social worlds. Modern social science, in its specific forms of sociology, economics, and so on, confidently embraced the positivist principle. In a short period of time, political economy was transformed into economic science. The goal was to purge the social sciences of their supposedly evaluative content. In due course, the idea of objective scientific truth came to be questioned along with the positivist paradigm. Epistemological relativism à la Kuhn is to be credited with this intellectual shift. But this novel theoretical approach was more easily accommodated by epistemologists of science than scientists themselves. Scientists hardly questioned their methodologies of research and the cognitive field of successful theories. Similarly, in the social sciences, neoclassical economics remained dominant. The neoclassical motto was that economics as science answered only questions of efficiency, not evaluative questions of social justice. The Human Project and the Temptations of Science argues that the model of epistemological unity, at one time embracing positivism, at another time supporting epistemological relativism, is questionable. While empirical science does yield knowledge of the natural world, knowledge of the social world - the world of humans - is necessarily value-laden. Despite the quantitative veneer of neoclassical economics - the dominant paradigm in economics - economic analysis cannot avoid questions of value. The reason is that its foundational concepts, such as rationality and the maximization of expected utility, reflect the necessary value-oriented nature of human behavior. The question posed, then, by The Human Project and the Temptations of Science is what sort of optimal values should humans adopt.
Author | : Académie internationale de philosophie des sciences. Meeting |
Publisher | : World Scientific |
Total Pages | : 212 |
Release | : 2001 |
Genre | : Science |
ISBN | : 9812799591 |
The unity of science has been a widely discussed issue both in the philosophy of science and within several sciences. Reductionism has often been seen as the means of bringing the different sciences to a fundamental unity by reference to some basic science, but it shows many limitations. Multidisciplinarity and interdisciplinarity have also been proposed as methodologies for attaining unity without underestimating the diversity of the sciences. This volume starts with a clarification of the possible meanings of this unity and then discusses the features of the mentioned approaches to unity, evaluating the success and the shortcomings of the unification programme among different sciences and within a single science. Contents: The General Framework: What Does ''The Unity of Science'' Mean? (E Agazzi); The Unity of Disunity (J Faye); Sciences of Nature and Sciences of Man: On a Difference between Natural Science and the Interpretive Sciences of Man (F Collin); Natural Sciences and Human Sciences (G M Prosperi); Overcoming Reductionism: Complexity, Reductionism, and the Unity of Science (J Ricard); The Consilience Approach to the Unity of Science (B Kanitscheider); The Unity Within a Single Science: The Problem of Unity in a Single Field of Science (A Cordero); The Unity of Particle Physics and Cosmology? The Case of the Cosmological Constant (J Mosterin); Is Quantum Mechanics a Universal Theory ? (B d''Espagnat); and other papers. Readership: Graduate students and academics in the philosophy of science.
Author | : Keith Langford Dougherty |
Publisher | : |
Total Pages | : 124 |
Release | : 1988 |
Genre | : Economics |
ISBN | : |
Author | : Rudolf Carnap |
Publisher | : Routledge |
Total Pages | : 107 |
Release | : 2013-05-13 |
Genre | : Philosophy |
ISBN | : 1136654291 |
As a leading member of the Vienna Circle, Rudolph Carnap's aim was to bring about a "unified science" by applying a method of logical analysis to the empirical data of all the sciences. This work, first published in English in 1934, endeavors to work out a way in which the observation statements required for verification are not private to the observer. The work shows the strong influence of Wittgenstein, Russell, and Frege.
Author | : Robert L. Causey |
Publisher | : Springer Science & Business Media |
Total Pages | : 200 |
Release | : 2012-12-06 |
Genre | : Science |
ISBN | : 9401011885 |
The first section of this chapter describes the major goals of this investiga tion and the general strategy of my presentation. The remaining three sections review some requisite background material and introduce some terminology and notation used in the book. Section B contains a brief review of some of the ideas and notation of elementary logic and set theory. Section C contains an introductory discussion of kinds and at tributes. Section D presents some basic ideas about laws and law sentences. A. GENERAL PLAN OF THE BOOK Basic scientific research is directed towards the goals of increasing our knowledge of the wor1d and our understanding of the wor1d. Knowledge increases through the discovery and confirmation of facts and laws. Understanding results from the explanation of known facts and laws, and through the formulation of general, systematic theories. Other things being equal, we tend to feeI that our understanding of a c1ass of phenomena increases as we develop increasingly general and intuitively unified theories of that c1ass of phenomena. It is therefore natural to consider the possibility of one very general, unified theory which, at least in principle, governs all known phenomena. The dream of obtaining such a theory, and the understanding that it would provide, has motivated an enormous amount of research by both scientists and philosophers.
Author | : Bernt P. Stigum |
Publisher | : MIT Press |
Total Pages | : 1068 |
Release | : 1990 |
Genre | : Business & Economics |
ISBN | : 9780262192842 |
Consumer Law and Practice provides undergraduate students and those studying the LPC with concise yet comprehensive guidance. It is also a useful aid for practitioners (including those advising businesses) and non-lawyers requiring information which can be quickly understood. Using an innovative problem-solving approach to the subject, we focus on situations in which clients may find themselves and explain how the law deals with such situations. "Between the covers is a mine of information clearly and accurately set out ... a valuable tool for non-specialist and specialist alike." The Law Society's Gazette
Author | : Geert Reuten |
Publisher | : Historical Materialism |
Total Pages | : 727 |
Release | : 2020-09 |
Genre | : Business & Economics |
ISBN | : 9781642593730 |
Geert Reuten offers a systematic exposition of the capitalist system, showing that the capitalist economy and the capitalist state constitute a unity.