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Economic Cybernetics
Economics is one domain in which cybernetics has had application and influence. In the Soviet Union The Great Soviet Encyclopaedia defines Economic cybernetics as a scientific field wherein cybernetic approaches are applied to economics. It facilitates a dialogue between microsystems and macrosystems. The design of self-regulating control systems for a real-time planned economy was explored by economist Oskar Lange, cyberneticist Viktor Glushkov, and other Soviet cyberneticists during the 1960s. By the time information technology was developed enough to enable feasible economic planning based on computers, the Soviet Union and eastern bloc countries began moving away from planning and eventually collapsed. Project cybersyn Hayek Friedrich Hayek attended the 1960 Symposium on Principles of Self-Organization, organised by Heinz von Foerster. Hayek mentions cybernetics as a discipline that could help economists understand the "self-organizing or self-generating systems" called m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cybernetics
Cybernetics is a wide-ranging field concerned with circular causality, such as feedback, in regulatory and purposive systems. Cybernetics is named after an example of circular causal feedback, that of steering a ship, where the helmsperson maintains a steady course in a changing environment by adjusting their steering in continual response to the effect it is observed as having. Cybernetics is concerned with circular causal processes such as steering however they are embodied,Ashby, W. R. (1956). An introduction to cybernetics. London: Chapman & Hall, p. 1. including in ecological, technological, biological, cognitive, and social systems, and in the context of practical activities such as designing, learning, managing, conversation, and the practice of cybernetics itself. Cybernetics' transdisciplinary and "antidisciplinary" character has meant that it intersects with a number of other fields, leading to it having both wide influence and diverse interpretations. Cybernetics ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market (economics)
In economics, a market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services (including labour power) to buyers in exchange for money. It can be said that a market is the process by which the prices of goods and services are established. Markets facilitate trade and enable the distribution and allocation of resources in a society. Markets allow any tradeable item to be evaluated and priced. A market emerges more or less spontaneously or may be constructed deliberately by human interaction in order to enable the exchange of rights (cf. ownership) of services and goods. Markets generally supplant gift economies and are often held in place through rules and customs, such as a booth fee, competitive pricing, and source of goods for sale (local produce or stock registration). Markets can dif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Towards A New Socialism
''Towards a New Socialism'' is a 1993 non-fiction book written by Scottish computer scientist Paul Cockshott, co-authored by Scottish economics professor Allin F. Cottrell. The book outlines in detail a proposal for a complex planned socialist economy, taking inspiration from cybernetics, the works of Karl Marx, and British operations research scientist Stafford Beer's 1973 model of a distributed decision support system dubbed Project Cybersyn. Aspects of a socialist society such as direct democracy, foreign trade and property relations are also explored. The book is, in the authors' words, "our attempt to answer the idea that socialism is dead and buried after the demise of the Soviet Union." The book was covered in an article in ''Süddeutsche Zeitung'' in 2017, as well as reviewed by Leonard Brewster in the Spring 2004 issue of the ''Quarterly Journal of Austrian Economics.'' Contents The book is divided into 15 chapters, excluding the introduction: # Inequality # Eliminat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allin Cottrell
Allin is both a surname and a given name. Notable people with the name include: Surname: *Buddy Allin (1944–2007), American golfer *GG Allin (1956–1993), punk rock singer-songwriter and musician *Merle Allin (born 1953), American bassist *Norman Allin (1884–1973), British bass singer *Roger Allin (1848–1936), American politician *Rosena Allin-Khan, British politician *Sir Thomas Allin, 1st Baronet (17th century), English naval officer Given name: * Allin Braund (1915–2004), British artist *Eric Allin Cornell (born 1961), American physicist *Allin Kempthorne (born 1973), British actor and magician See also *Alan (other) *Alen (given name) *Allan (other) *Alleine *Allen (other) * Allín *Allin baronets There have been two Baronetcies created for persons with the surname Allin, both in the Baronetage of England. Both creations are extinct. The Allin Baronetcy, of Blundeston in the County of Suffolk, was created in the Baronetage of England on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Cockshott
William Paul Cockshott (born 16 March 1952) is a Scottish computer scientist, Marxian economist and a reader at the University of Glasgow. Since 1993 he has authored multiple works in the tradition of scientific socialism, most notably ''Towards a New Socialism'' and ''How the World Works''. Scientific career Cockshott earned a BA in Economics (1974) from Manchester University, an MSc (1976) in Computer Science from Heriot Watt University and a PhD in Computer Science from Edinburgh University (1982). He has made contributions in the fields of image compression, 3D television, parallel compilers and medical imaging, but became known to a wider audience for his proposals in the multi-disciplinary area of economic computability, most notably as co-author, along the economist , of the book ''Towards a New Socialism'', in which they strongly advocate the use of cybernetics for efficient and democratic planning of a complex socialist economy. He proposes a moneyless socialist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Semiotics
Semiotics (also called semiotic studies) is the systematic study of sign processes ( semiosis) and meaning making. Semiosis is any activity, conduct, or process that involves signs, where a sign is defined as anything that communicates something, usually called a meaning, to the sign's interpreter. The meaning can be intentional such as a word uttered with a specific meaning, or unintentional, such as a symptom being a sign of a particular medical condition. Signs can also communicate feelings (which are usually not considered meanings) and may communicate internally (through thought itself) or through any of the senses: visual, auditory, tactile, olfactory, or gustatory (taste). Contemporary semiotics is a branch of science that studies meaning-making and various types of knowledge. The semiotic tradition explores the study of signs and symbols as a significant part of communications. Unlike linguistics, semiotics also studies non-linguistic sign systems. Semiotics includes th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Communication Theory
Communication theory is a proposed description of communication phenomena, the relationships among them, a storyline describing these relationships, and an argument for these three elements. Communication theory provides a way of talking about and analyzing key events, processes, and commitments that together form communication. Theory can be seen as a way to map the world and make it navigable; communication theory gives us tools to answer empirical, conceptual, or practical communication questions. Communication is defined in both commonsense and specialized ways. Communication theory emphasizes its symbolic and social process aspects as seen from two perspectives—as exchange of information (the transmission perspective), and as work done to connect and thus enable that exchange (the ritual perspective). Sociolinguistic research in the 1950s and 1960s demonstrated that the level to which people change their formality of their language depending on the social context that the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Systems Theory
Systems theory is the interdisciplinary study of systems, i.e. cohesive groups of interrelated, interdependent components that can be natural or human-made. Every system has causal boundaries, is influenced by its context, defined by its structure, function and role, and expressed through its relations with other systems. A system is "more than the sum of its parts" by expressing synergy or emergent behavior. Changing one component of a system may affect other components or the whole system. It may be possible to predict these changes in patterns of behavior. For systems that learn and adapt, the growth and the degree of adaptation depend upon how well the system is engaged with its environment and other contexts influencing its organization. Some systems support other systems, maintaining the other system to prevent failure. The goals of systems theory are to model a system's dynamics, constraints, conditions, and relations; and to elucidate principles (such as purpose, measure ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ludwig Von Bertalanffy
Karl Ludwig von Bertalanffy (19 September 1901 – 12 June 1972) was an Austrian biologist known as one of the founders of general systems theory (GST). This is an interdisciplinary practice that describes systems with interacting components, applicable to biology, cybernetics and other fields. Bertalanffy proposed that the classical laws of thermodynamics might be applied to closed systems, but not necessarily to "open systems" such as living things. His mathematical model of an organism's growth over time, published in 1934, is still in use today. Bertalanffy grew up in Austria and subsequently worked in Vienna, London, Canada, and the United States. Biography Ludwig von Bertalanffy was born and grew up in the little village of Atzgersdorf (now Liesing) near Vienna. The Bertalanffy family had roots in the 16th century nobility of Hungary which included several scholars and court officials.T.E. Weckowicz (1989). Ludwig von Bertalanffy (1901-1972): A Pioneer of General Systems T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Law, Legislation And Liberty
''Law, Legislation and Liberty'' is a work in three volumes by Nobel laureate economist and political philosopher Friedrich Hayek. In it, Hayek further develops the philosophical principles he discussed earlier in ''The Road to Serfdom'', ''The Constitution of Liberty'', and other writings. ''Law, Legislation and Liberty'' is more abstract than Hayek's earlier work, and it focuses on the conflicting views of society as either a design, a made order ("taxis"), on the one hand, or an emergent system, a grown order ("cosmos"), on the other. These ideas are then connected to two different forms of law: law proper, or "nomos" coinciding more or less with the traditional concept of natural law, which is an emergent property of social interaction, and legislation, or "thesis", which is properly confined to the administration of non-coercive government services, but is easily confused with the occasional acts of legislature that do actually straighten out flaws in the nomos. Contents '' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Invisible Hand
The invisible hand is a metaphor used by the British moral philosopher Adam Smith that describes the unintended greater social benefits and public good brought about by individuals acting in their own self-interests. Smith originally mentioned the term in his work ''Theory of Moral Sentiments'' in 1759, but it has actually become known from his main work ''The Wealth of Nations'', where the word itself is mentioned only once, in connection with import restrictions. Similar ideas had already been presented before Smith by other Enlightenment thinkers, such as Anders Chydenius in his work ''The National Gain'' (1765) and Bernard Mandeville. Liberal thinkers wanted to show that society functions without collapsing even without the old hierarchical order of the feudal era. The concept was first introduced by Adam Smith in ''The Theory of Moral Sentiments'', written in 1759. The exact phrase is used just three times in Smith's writings. Smith may have come up with the two mea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adam Smith
Adam Smith (baptized 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment. Seen by some as "The Father of Economics"——— or "The Father of Capitalism",———— he wrote two classic works, ''The Theory of Moral Sentiments'' (1759) and ''The Wealth of Nations, An Inquiry into the Nature and Causes of the Wealth of Nations'' (1776). The latter, often abbreviated as ''The Wealth of Nations'', is considered his ''magnum opus'' and the first modern work that treats economics as a comprehensive system and as an academic discipline. Smith refuses to explain the distribution of wealth and power in terms of God's will, God’s will and instead appeals to natural, political, social, economic and technological factors and the interactions between them. Among other economic theories, the work introduced Smith's idea of absolute advantage. Smith studied social philos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
