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Philosophy Of Economics
Philosophy and economics studies topics such as public economics, behavioural economics, rationality, justice, history of economic thought, rational choice, the appraisal of economic outcomes, institutions and processes, the status of highly idealized economic models, the ontology of economic phenomena and the possibilities of acquiring knowledge of them. It is useful to divide philosophy of economics in this way into three subject matters which can be regarded respectively as branches of action theory, ethics (or normative social and political philosophy), and philosophy of science. Economic theories of rationality, welfare, and social choice defend substantive philosophical theses often informed by relevant philosophical literature and of evident interest to those interested in action theory, philosophical psychology, and social and political philosophy. Economics is of special interest to those interested in epistemology and philosophy of science both because of its detaile ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Economics
Public economics ''(or economics of the public sector)'' is the study of government policy through the lens of economic efficiency and Equity (economics), equity. Public economics builds on the theory of welfare economics and is ultimately used as a tool to improve social welfare. Welfare can be defined in terms of well-being, prosperity, and overall state of being. Public economics provides a framework for thinking about whether or not the government should participate in economic markets and if so to what extent it should do so. Microeconomic theory is utilized to assess whether the private market (economics), market is likely to provide efficient outcomes in the absence of governmental interference; this study involves the analysis of government taxation and government spending, expenditures. This subject encompasses a host of topics notably market failures such as, Public good (economics), public goods, externalities and Imperfect competition, Imperfect Competition, and the cr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Economics
Financial economics is the branch of economics characterized by a "concentration on monetary activities", in which "money of one type or another is likely to appear on ''both sides'' of a trade".William F. Sharpe"Financial Economics", in Its concern is thus the interrelation of financial variables, such as share prices, interest rates and exchange rates, as opposed to those concerning the real economy. It has two main areas of focus:Merton H. Miller, (1999). The History of Finance: An Eyewitness Account, ''Journal of Portfolio Management''. Summer 1999. asset pricing and corporate finance; the first being the perspective of providers of Financial capital, capital, i.e. investors, and the second of users of capital. It thus provides the theoretical underpinning for much of finance. The subject is concerned with "the allocation and deployment of economic resources, both spatially and across time, in an uncertain environment".See Fama and Miller (1972), ''The Theory of Finance'', ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daniel M
Daniel commonly refers to: * Daniel (given name), a masculine given name and a surname * List of people named Daniel * List of people with surname Daniel * Daniel (biblical figure) * Book of Daniel, a biblical apocalypse, "an account of the activities and visions of Daniel" Daniel may also refer to: Arts and entertainment Literature * ''Daniel'' (Old English poem), an adaptation of the Book of Daniel * ''Daniel'', a 2006 novel by Richard Adams * ''Daniel'' (Mankell novel), 2007 Music * "Daniel" (Bat for Lashes song) (2009) * "Daniel" (Elton John song) (1973) * "Daniel", a song from '' Beautiful Creature'' by Juliana Hatfield * ''Daniel'' (album), a 2024 album by Real Estate Other arts and entertainment * ''Daniel'' (1983 film), by Sidney Lumet * ''Daniel'' (2019 film), a Danish film * Daniel (comics), a character in the ''Endless'' series Businesses * Daniel (department store), in the United Kingdom * H & R Daniel, a producer of English porcelain between 1827 and 18 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alexander Rosenberg
Alexander Rosenberg (who generally publishes as "Alex") is an American philosopher and novelist. He is the R. Taylor Cole Professor of Philosophy at Duke University, well known for contributions to philosophy of biology and philosophy of economics. Rosenberg describes himself as a "naturalist". Education and career Rosenberg graduated from Stuyvesant High School (along with Richard Axel, Bruce Bueno de Mesquita, Ron Silver and Allan Lichtman) in 1963 and from the City College of New York in 1967. He received his Ph.D. from the Johns Hopkins University in 1971. His thesis advisor was Peter Achinstein. He has taught philosophy at Dalhousie University, Syracuse University, University of California, Riverside, University of Georgia and, since 2000, at Duke University. He has been a visiting professor at the University of Minnesota, the University of California, Santa Cruz, Oxford University, the Australian National University and Bristol University. He was a Guggenheim fellow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philosophical Realism
Philosophical realismusually not treated as a position of its own but as a stance towards other subject mattersis the view that a certain kind of thing (ranging widely from abstract objects like numbers to moral statements to the physical world itself) has ''mind-independent existence'', i.e. that it exists even in the absence of any mind perceiving it or that its existence is not just a mere appearance in the eye of the beholder. This includes a number of positions within epistemology and metaphysics which express that a given thing instead exists independently of knowledge, thought, or understanding. This can apply to items such as the physical world, the past and future, other minds, and the self, though may also apply less directly to things such as universals, mathematical truths, moral truths, and thought itself. However, realism may also include various positions which instead reject metaphysical treatments of reality altogether. Realism can also be a view about the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Truth
Truth or verity is the Property (philosophy), property of being in accord with fact or reality.Merriam-Webster's Online Dictionarytruth, 2005 In everyday language, it is typically ascribed to things that aim to represent reality or otherwise correspond to it, such as beliefs, propositions, and declarative sentences. True statements are usually held to be the opposite of false statement, false statements. The concept of truth is discussed and debated in various contexts, including philosophy, art, theology, law, and science. Most human activities depend upon the concept, where its nature as a concept is assumed rather than being a subject of discussion, including journalism and everyday life. Some philosophers view the concept of truth as basic, and unable to be explained in any terms that are more easily understood than the concept of truth itself. Most commonly, truth is viewed as the correspondence of language or thought to a mind-independent world. This is called the correspon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ontological
Ontology is the philosophical study of being. It is traditionally understood as the subdiscipline of metaphysics focused on the most general features of reality. As one of the most fundamental concepts, being encompasses all of reality and every entity within it. To articulate the basic structure of being, ontology examines the commonalities among all things and investigates their classification into basic types, such as the categories of particulars and universals. Particulars are unique, non-repeatable entities, such as the person Socrates, whereas universals are general, repeatable entities, like the color ''green''. Another distinction exists between concrete objects existing in space and time, such as a tree, and abstract objects existing outside space and time, like the number 7. Systems of categories aim to provide a comprehensive inventory of reality by employing categories such as substance, property, relation, state of affairs, and event. Ontologists disagree re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
An Essay On The Nature And Significance Of Economic Science
Lionel Robbins' ''Essay'' (1932, 1935, 2nd ed., 158 pp.) sought to define more precisely economics as a science and to derive substantive implications. Analysis is relative to "accepted solutions of particular problems" based on best modern practice as referenced, especially including the works of Philip Wicksteed, Ludwig von Mises, and other Continental European economists. Robbins disclaims originality but expresses hope to have given expository force on a very few points to some principles "not always clearly stated" (1935, pp. xiv-xvi)Lionel Robbins (1932, 1935, 2nd ed.). ''An Essay on the Nature and Significance of Economic Science'', London: Macmillan. Links fo1932 HTMLan1935 facsimile Major propositions Robbins develops and defends several propositions about the relation of scarcity to economics and of economic theory to science, including the following. * "Economics is the science which studies human behaviour as a relationship between ends and scarce means which h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lionel Robbins
Lionel Charles Robbins, Baron Robbins, (22 November 1898 – 15 May 1984) was a British economist, and prominent member of the economics department at the London School of Economics (LSE). He is known for his leadership at LSE, his proposed definition of economics, and for his instrumental efforts in shifting Anglo-Saxon economics from its Marshallian direction. He is famous for the quote, "Humans want what they can't have." Early life Robbins was born in Sipson, west of London, the son of Rowland Richard Robbins (1872–1960), known as Dick, and his wife Rosa Marion Harris; his father was a farmer, a member of Middlesex County Council involved also in the National Farmers' Union, and the family was Strict Baptist. His sister Caroline became a noted Professor of History at Bryn Mawr College. Robbins was educated at home, at Hounslow College (a preparatory school) and at Southall County School. He went to University College London in October 1915, beginning an Arts ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Stuart Mill
John Stuart Mill (20 May 1806 – 7 May 1873) was an English philosopher, political economist, politician and civil servant. One of the most influential thinkers in the history of liberalism and social liberalism, he contributed widely to social theory, political theory, and political economy. Dubbed "the most influential English-speaking philosopher of the nineteenth century" by the ''Stanford Encyclopedia of Philosophy'', he conceived of liberty as justifying the freedom of the individual in opposition to unlimited state and social control. He advocated political and social reforms such as proportional representation, the emancipation of women, and the development of labour organisations and farm cooperatives. The ''Columbia Encyclopedia'' describes Mill as occasionally coming "close to socialism, a theory repugnant to his predecessors". He was a proponent of utilitarianism, an ethical theory developed by his predecessor Jeremy Bentham. He contributed to the investigation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adam Smith
Adam Smith (baptised 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment. Seen by some as the "father of economics"——— or the "father of capitalism".———— He is known for 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 regarded as his ''magnum opus'', marking the inception of modern economic scholarship as a comprehensive system and an academic discipline. Smith refuses to explain the distribution of wealth and power in terms of divine will and instead appeals to natural, political, social, economic, legal, environmental and technological factors, as well as the interactions among them. The work is notable for its contribution to economic theory, particularly in its exposition o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roger E
Roger is a masculine given name, and a surname. The given name is derived from the Old French personal names ' and '. These names are of Germanic languages">Germanic origin, derived from the elements ', ''χrōþi'' ("fame", "renown", "honour") and ', ' ("spear", "lance") (Hrōþigēraz). The name was introduced into England by the Normans. In Normandy, the Franks, Frankish name had been reinforced by the Old Norse cognate '. The name introduced into England replaced the Old English cognate '. ''Roger'' became a very common given name during the Middle Ages. A variant form of the given name ''Roger'' that is closer to the name's origin is '' Rodger''. Slang and other uses From up to , Roger was slang for the word "penis". In ''Under Milk Wood'', Dylan Thomas writes "jolly, rodgered" suggesting both the sexual double entendre and the pirate term "Jolly Roger". In 19th-century England, Roger was slang for another term, the cloud of toxic green gas that swept through the chlori ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
