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Tony Lawson
Tony Lawson is a British philosopher and economist. He is professor of economics and philosophy in the Faculty of Economics at the University of Cambridge. He is a co-editor of the ''Cambridge Journal of Economics'', a former director of the University of Cambridge Centre for Gender Studies, and co-founder of the Cambridge Realist Workshop and the Cambridge Social Ontology Group. Lawson is noted for his contributions to heterodox economics and to philosophical issues in social theorising, most especially to social ontology. Work Economics Lawson's early contributions were on philosophical topics such as uncertainty, knowledge and prediction as well as on substantive analyses of the labour process and the industrial decline of the United Kingdom. Lawson's further work has focussed on achieving greater relevance in social theorising, especially economics. This has involved developing an ontologically informed critique of mainstream economics and elaborating methods more relev ...
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Institute For New Economic Thinking
The Institute for New Economic Thinking (INET) is a New York City–based nonprofit think tank. It was founded in October 2009 as a result of the 2007–2012 global financial crisis, and runs a variety of affiliated programs at major universities such as the Cambridge-INET Institute at the University of Cambridge. History INET was founded with an initial pledge of $50 million from businessman and philanthropist George Soros. Affiliates The Institute has disbursed approximately $4 million annually in research grants to students and professors. The Cambridge-INET Institute (co-funded with William H. Janeway) established an advanced institute for economic thinking at the University of Cambridge, The Cambridge-INET Institute was endowed with $3.75 million grant from the Keynes Fund for Applied Economics, Isaac Newton Trust, and the University of Cambridge Faculty of Economics. In January 2011, the INET partnered with the Centre for International Governance Innovation to support re ...
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Cambridge Journal Of Economics
The ''Cambridge Journal of Economics'' is a peer-reviewed academic journal of economics. The journal was founded in 1977 by the ''Cambridge Political Economy Society'' with the aim of publishing articles that followed the economic traditions established by Karl Marx, J. M. Keynes, Michał Kalecki, Joan Robinson, and Nicholas Kaldor. Luigi Pasinetti has noted the "strong ties" between the Cambridge Journal of Economics and the Cambridge School of Keynesian Economics. Abstracting and indexing The journal is abstracted and indexed in the Social Sciences Citation Index. According to the ''Journal Citation Reports'', the journal has a 2020 impact factor of 2.156. See also * List of economics journals The following is a list of scholarly journals in economics containing most of the prominent academic journals in economics. Popular magazines or other publications related to economics, finance, or business are not listed. A *'' Affilia'' *''A ... References External links ...
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Pluralism In Economics
The pluralism in economics movement is a campaign to change the teaching and research in economics towards more openness in its approaches, topics and standpoints it considers. The goal of the movement is to "reinvigorate the discipline ... nd bringeconomics back into the service of society". Some have argued that economics had greater scientific pluralism in the past compared to the monist approach that is prevalent today. Pluralism encourages the inclusion of a wide variety of neoclassical and heterodox economic theories—including classical, Post-Keynesian, institutional, ecological, evolutionary, feminist, Marxist, and Austrian economics, stating that "each tradition of thought adds something unique and valuable to economic scholarship". History Critics of mainstream economics have called for a reform of the discipline in the past. The movement for pluralism can therefore be traced to wider movements for progressive change in the 1960s and 1970s, with economists like ...
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Mathematical Modelling
A mathematical model is a description of a system using mathematical concepts and language. The process of developing a mathematical model is termed mathematical modeling. Mathematical models are used in the natural sciences (such as physics, biology, earth science, chemistry) and engineering disciplines (such as computer science, electrical engineering), as well as in non-physical systems such as the social sciences (such as economics, psychology, sociology, political science). The use of mathematical models to solve problems in business or military operations is a large part of the field of operations research. Mathematical models are also used in music, linguistics, and philosophy (for example, intensively in analytic philosophy). A model may help to explain a system and to study the effects of different components, and to make predictions about behavior. Elements of a mathematical model Mathematical models can take many forms, including dynamical systems, statistical m ...
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History Of Economic Thought
History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the History of writing#Inventions of writing, invention of writing systems is considered prehistory. "History" is an umbrella term comprising past events as well as the memory, discovery, collection, organization, presentation, and interpretation of these events. Historians seek knowledge of the past using historical sources such as written documents, oral accounts, art and material artifacts, and ecological markers. History is not complete and still has debatable mysteries. History is also an Discipline (academia), academic discipline which uses narrative to describe, examine, question, and analyze past events, and investigate their patterns of cause and effect. Historians often debate which narrative best explains an event, as well as the significance of different causes and effects. Historians also debate the historiography, nature of history as an end in ...
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Methodology
In its most common sense, methodology is the study of research methods. However, the term can also refer to the methods themselves or to the philosophical discussion of associated background assumptions. A method is a structured procedure for bringing about a certain goal. In the context of research, this goal is usually to discover new knowledge or to verify pre-existing knowledge claims. This normally involves various steps, like choosing a sample, collecting data from this sample, and interpreting this data. The study of methods involves a detailed description and analysis of these processes. It includes evaluative aspects by comparing different methods to assess their advantages and disadvantages relative to different research goals and situations. This way, a methodology can help make the research process efficient and reliable by guiding researchers on which method to employ at each step. These descriptions and evaluations of methods often depend on philosophical background ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ...
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Deindustrialization
Deindustrialization is a process of social and economic change caused by the removal or reduction of industrial capacity or activity in a country or region, especially of heavy industry or manufacturing industry. There are different interpretations of what deindustrialization is. Many associate American deindustrialization with the mass closing of automaker plants in the now so-called "Rust Belt" between 1980 and 1990. The US Federal Reserve raised interest and exchange rates beginning in 1979, and continuing until 1984, which automatically caused import prices to fall. Japan was rapidly expanding productivity during this time, and this decimated the US machine tool sector. A second wave of deindustrialization occurred between 2001 and 2009, culminating in the automaker bailout of GM and Chrysler. Research has pointed to investment in patents rather than in new capital equipment as a contributing factor.Kerwin Kofi Charles et al (201The Transformation of Manufacturing an ...
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Labor Process Theory
Labour process theory (LPT) is a Marxist theory of the organization of work under capitalism. Researchers in critical management studies, organization studies, and related disciplines have used LPT to explain antagonistic relationships between employers and employees in capitalist economies, with a particular focus on problems of deskilling, worker autonomy, and managerial control at the point of production. In Marxian economics, the "labour process" refers to the process whereby labour is materialized or objectified in use values. Labour is here an interaction between the person who works and the natural world such that elements of the latter are consciously altered in a purposive manner. Hence, the elements of labour process are three-fold: first, the work itself, a purposive productive activity; second the object(s) on which that work is performed; and third, the instruments which facilitate the process of work. The land (economically speaking this also includes water) in its ...
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Social Ontology
Social ontology is a domain-specific branch of ontology (philosophy) which studies the nature and properties of the social world. Social ontology deals with examining the various entities in the world arising from social interaction. Notable contemporary philosophers who study social ontology include Margaret Gilbert, Amie Thomasson, and Ruth Millikan. Definition General ontology has a number of subfields, domain-specific or regional ontologies. Social ontology is such a domain-specific subfield, which should include the basic entities, properties and kinds studied by the social sciences. There are two kinds of social entities: social individuals and social complexes or collectives. According to Lynne Rudder Baker, taking “social community” as a primitive, we can characterize a social property as a property the instantiation of which requires the existence of a social community. Typically, for human beings that means a linguistic community. Social ontology at a time t conta ...
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Social Theory
Social theories are analytical frameworks, or paradigms, that are used to study and interpret social phenomena.Seidman, S., 2016. Contested knowledge: Social theory today. John Wiley & Sons. A tool used by social scientists, social theories relate to historical debates over the validity and reliability of different methodologies (e.g. positivism and antipositivism), the primacy of either structure or agency, as well as the relationship between contingency and necessity. Social theory in an informal nature, or authorship based outside of academic social and political science, may be referred to as "social criticism" or "social commentary", or "cultural criticism" and may be associated both with formal cultural and literary scholarship, as well as other non-academic or journalistic forms of writing. Definitions Social theory by definition is used to make distinctions and generalizations among different types of societies, and to analyze modernity as it has emerged in the pas ...
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Heterodox Economics
Heterodox economics is any economic thought or theory that contrasts with orthodox schools of economic thought, or that may be beyond neoclassical economics.Frederic S. Lee, 2008. "heterodox economics," ''The New Palgrave Dictionary of Economics'', 2nd Edition, v. 4, pp. 2–65 Abstract. These include institutional, evolutionary, feminist, social, post-Keynesian (not to be confused with New Keynesian), ecological, Austrian, complexity, Marxian, socialist, and anarchist economics. Economics may be called ''orthodox'' or ''conventional'' economics by its critics.C. Barry, 1998. ''Political-economy: A comparative approach''. Westport, CT: Praeger. Alternatively, mainstream economics deals with the "rationality–individualism–equilibrium nexus" and heterodox economics is more "radical" in dealing with the "institutions–history–social structure nexus". A 2008 review documented several prominent groups of heterodox economists since at least the 1990s as working together with ...
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