|
Economic Methodology
Economic methodology is the study of methods, especially the scientific method, in relation to economics, including principles underlying economic reasoning. In contemporary English, 'methodology' may reference theoretical or systematic aspects of a method (or several methods). Philosophy and economics also takes up methodology at the intersection of the two subjects. Scope General methodological issues include similarities and contrasts to the natural sciences and to other social sciences and, in particular, to: * the definition of economics * the scope of economics as defined by its methods * fundamental principles and operational significance of economic theory * methodological individualism versus holism in economics * the role of simplifying assumptions such as rational choice and profit maximizing in explaining or predicting phenomena * descriptive/ positive, prescriptive/normative, and applied uses of theory * the scientific status and expanding domain of econ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scientific Method
The scientific method is an empirical method for acquiring knowledge that has characterized the development of science since at least the 17th century (with notable practitioners in previous centuries; see the article history of scientific method for additional detail.) It involves careful observation, applying rigorous skepticism about what is observed, given that cognitive assumptions can distort how one interprets the observation. It involves formulating hypotheses, via induction, based on such observations; the testability of hypotheses, experimental and the measurement-based statistical testing of deductions drawn from the hypotheses; and refinement (or elimination) of the hypotheses based on the experimental findings. These are ''principles'' of the scientific method, as distinguished from a definitive series of steps applicable to all scientific enterprises. Although procedures vary from one field of inquiry to another, the underlying process is frequentl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edward J
Edward is an English given name. It is derived from the Anglo-Saxon name ''Ēadweard'', composed of the elements '' ēad'' "wealth, fortune; prosperous" and '' weard'' "guardian, protector”. History The name Edward was very popular in Anglo-Saxon England, but the rule of the Norman and Plantagenet dynasties had effectively ended its use amongst the upper classes. The popularity of the name was revived when Henry III named his firstborn son, the future Edward I, as part of his efforts to promote a cult around Edward the Confessor, for whom Henry had a deep admiration. Variant forms The name has been adopted in the Iberian peninsula since the 15th century, due to Edward, King of Portugal, whose mother was English. The Spanish/Portuguese forms of the name are Eduardo and Duarte. Other variant forms include French Édouard, Italian Edoardo and Odoardo, German, Dutch, Czech and Romanian Eduard and Scandinavian Edvard. Short forms include Ed, Eddy, Eddie, Ted, Teddy and Ned. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Improving Decisions About Health, Wealth, And Happiness
Improvement is the process of a thing moving from one state to a state considered to be better, usually through some action intended to bring about that better state. The concept of improvement is important to governments and businesses, as well as to individuals. History of the concept The term "improvement" in general means "gradual, piecemeal, but cumulative betterment", which can refer to both individuals and societies as a whole. The term "improvement" historically referred to land improvement, the process of making wildland more suitable for human uses, particularly the cultivation of crops.Alan Craig Houston, ''Benjamin Franklin and the Politics of Improvement'' (2008), p. 12. Agricultural writers contrasted "improvement" with the traditional custom that governed farming practices at the time. The belief in agricultural "improvement" was the belief that the earth could be made more fruitful. More specifically, it was the belief that "the knowledge of nature would allow the b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cass R
Cass may refer to: People and fictional characters * Cass (surname), a list of people * Cass (given name), a list of people and fictional characters * Big Cass, ring name of wrestler William Morrissey * Cass, in British band Skunk Anansie * Cass, British singer, artist name of Brian Casser * Henri Cassini (1781–1832), French botanist, standard author abbreviation "Cass." * Kevin Cassidy (born 1981), Gaelic footballer often referred to as "Cass" Places United States * Cass, Indiana, an unincorporated community * Cass, West Virginia, a census-designated place ** Cass Scenic Railroad State Park, in West Virginia * Cass County (other) * Bartow County, Georgia, formerly Cass County * Cass Township (other) * Fort Cass, in present-day Tennessee, 19th century US Army fortification New Zealand * Cass, New Zealand, a locality Greenland * Cass Fjord Multiple countries * Cass Lake (other) * Cass River (other) Schools * Cass Business School, London * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richard H
Richard is a male given name. It originates, via Old French, from Old Frankish and is a compound of the words descending from Proto-Germanic ''*rīk-'' 'ruler, leader, king' and ''*hardu-'' 'strong, brave, hardy', and it therefore means 'strong in rule'. Nicknames include "Richie", "Dick", "Dickon", " Dickie", " Rich", "Rick", " Rico", " Ricky", and more. Richard is a common English, German and French male name. It's also used in many more languages, particularly Germanic, such as Norwegian, Danish, Swedish, Icelandic, and Dutch, as well as other languages including Irish, Scottish, Welsh and Finnish. Richard is cognate with variants of the name in other European languages, such as the Swedish "Rickard", the Catalan "Ricard" and the Italian "Riccardo", among others (see comprehensive variant list below). People named Richard Multiple people with the same name * Richard Andersen (other) * Richard Anderson (other) * Richard Cartwright (other) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James M
James is a common English language surname and given name: *James (name), the typically masculine first name James * James (surname), various people with the last name James James or James City may also refer to: People * King James (other), various kings named James * Saint James (other) * James (musician) * James, brother of Jesus Places Canada * James Bay, a large body of water * James, Ontario United Kingdom * James College, a college of the University of York United States * James, Georgia, an unincorporated community * James, Iowa, an unincorporated community * James City, North Carolina * James City County, Virginia ** James City (Virginia Company) ** James City Shire * James City, Pennsylvania * St. James City, Florida Arts, entertainment, and media * ''James'' (2005 film), a Bollywood film * ''James'' (2008 film), an Irish short film * ''James'' (2022 film), an Indian Kannada-language film * James the Red Engine, a character in ''Thomas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George J
George may refer to: People * George (given name) * George (surname) * George (singer), American-Canadian singer George Nozuka, known by the mononym George * George Washington, First President of the United States * George W. Bush, 43rd President of the United States * George H. W. Bush, 41st President of the United States * George V, King of Great Britain, Ireland, the British Dominions and Emperor of India from 1910-1936 * George VI, King of Great Britain, Ireland, the British Dominions and Emperor of India from 1936-1952 * Prince George of Wales * George Papagheorghe also known as Jorge / GEØRGE * George, stage name of Giorgio Moroder * George Harrison, an English musician and singer-songwriter Places South Africa * George, Western Cape ** George Airport United States * George, Iowa * George, Missouri * George, Washington * George County, Mississippi * George Air Force Base, a former U.S. Air Force base located in California Characters * George (Peppa Pig), a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Individualism And Economic Order
''Individualism and Economic Order'' is a book written by Friedrich Hayek. It is a collection of essays originally published in the 1930s and 1940s, discussing topics ranging from moral philosophy to the methods of the social sciences and economic theory to contrast free markets with planned economies. Essays :I. "Individualism: True and False" ::Delivered at University College, Dublin, December 17, 1945. :II. "Economics and Knowledge" ::Delivered at the London Economic Club, November 1936. :III. "The Facts of the Social Sciences" ::Delivered at the Cambridge University Moral Science Club, November 1942. :IV. "The Use of Knowledge in Society" ::Published in the ''American Economic Review'', September 1945. :V. "The Meaning of Competition" ::Derived from a paper delivered at Princeton University, May 1946. :VI. "'Free' Enterprise and Competitive Order" ::Derived from a paper delivered to the Mont Pelerin Society, April 1947. :VII. "Socialist Calculation I: The Nature and History of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kaushik Basu
Kaushik Basu (born 9 January 1952) is an Indian economist who was Chief Economist of the World Bank from 2012 to 2016. He is the C. Marks Professor of International Studies and Professor of Economics at Cornell University, and academic advisory board member of upcoming Plaksha University. He began a three-year term as President of the International Economic Association in June 2017. From 2009 to 2012, during the United Progressive Alliance's second term, Basu served as the Chief Economic Adviser to the Government of India. Kaushik Basu is winner of the Humboldt Research Award 2021. Early life and education Kaushik Basu was born in Kolkata, India, where he attended St. Xavier's Collegiate School. In an autobiographical essay he noted that finishing school in 1969 he was caught in a dilemma. His father wanted him to study physics. But those were revolutionary times and he wanted to study nothing. They settled on economics as half-way compromise between physics and nothing. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holism
Holism () is the idea that various systems (e.g. physical, biological, social) should be viewed as wholes, not merely as a collection of parts. The term "holism" was coined by Jan Smuts in his 1926 book '' Holism and Evolution''."holism, n." OED Online, Oxford University Press, September 2019, www.oed.com/view/Entry/87726. Accessed 23 October 2019. While his ideas had racist connotations, the modern use of the word generally refers to treating a person as an integrated whole, rather than as a collection of separate systems. For example, well-being may be regarded as not merely physical health, but also psychological and spiritual well-being. Meaning The exact meaning of "holism" depends on context. Jan Smuts originally used "holism" to refer to the tendency in nature to produce wholes from the ordered grouping of unit structures. However, in common usage, "holism" usually refers to the idea that a whole is greater than the sum of its parts.J. C. Poynton (1987) SMUTS'S HOLISM AND EV ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Methodological Individualism
In the social sciences, methodological individualism is the principle that subjective individual motivation explains social phenomena, rather than class or group dynamics which are illusory or artificial and therefore cannot truly explain market or social phenomena. This concept was introduced as an assumption in the social sciences by Max Weber, and discussed in his book '' Economy and Society''. Methodological individualism is often contrasted with methodological holism and methodological pluralism. In economics In neoclassical economics, people's behavior is explained in terms of rational choices as constrained by prices and incomes. The neoclassical economist accepts individuals' preferences as given. Gary Becker and George Stigler provide a forceful statement of this view: :On the traditional view, an explanation of economic phenomena that reaches a difference in tastes between people or times is the terminus of the argument: the problem is abandoned at this point ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lawrence A
Lawrence may refer to: Education Colleges and universities * Lawrence Technological University, a university in Southfield, Michigan, United States * Lawrence University, a liberal arts university in Appleton, Wisconsin, United States Preparatory & high schools * Lawrence Academy at Groton, a preparatory school in Groton, Massachusetts, United States * Lawrence College, Ghora Gali, a high school in Pakistan * Lawrence School, Lovedale, a high school in India * The Lawrence School, Sanawar, a high school in India Research laboratories * Lawrence Berkeley National Laboratory, United States * Lawrence Livermore National Laboratory, United States People * Lawrence (given name), including a list of people with the name * Lawrence (surname), including a list of people with the name * Lawrence (band), an American soul-pop group * Lawrence (judge royal) (died after 1180), Hungarian nobleman, Judge royal 1164–1172 * Lawrence (musician), Lawrence Hayward (born 1961), British musi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
