Conceptual Anomalies In Economics And Statistics


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Conceptual Anomalies in Economics and Statistics


Conceptual Anomalies in Economics and Statistics

Author: Leland Gerson Neuberg

language: en

Publisher: Cambridge University Press

Release Date: 1989-05-26


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Do economics and statistics succeed in explaining human social behaviour? To answer this question. Leland Gerson Neuberg studies some pioneering controlled social experiments. Starting in the late 1960s, economists and statisticians sought to improve social policy formation with random assignment experiments such as those that provided income guarantees in the form of a negative income tax. This book explores anomalies in the conceptual basis of such experiments and in the foundations of statistics and economics more generally. Scientific inquiry always faces certain philosophical problems. Controlled experiments of human social behaviour, however, cannot avoid some methodological difficulties not evident in physical science experiments. Drawing upon several examples, the author argues that methodological anomalies prevent microeconomics and statistics from explaining human social behaviour as coherently as the physical sciences explain nature. He concludes that controlled social experiments are a frequently overrated tool for social policy improvement.

Evolutionary Concepts in Contemporary Economics


Evolutionary Concepts in Contemporary Economics

Author: Richard W. England

language: en

Publisher: University of Michigan Press

Release Date: 1994


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This anthology reports on a number of contemporary attempts to introduce evolutionary concepts into economic analysis.

The Bankruptcy of Economics: Ecology, Economics and the Sustainability of the Earth


The Bankruptcy of Economics: Ecology, Economics and the Sustainability of the Earth

Author: Joseph Wayne Smith

language: en

Publisher: Springer

Release Date: 2016-07-27


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We live in times of uncertainty and insecurity, at a personal, national and global level. Writers such as Samuel P. Huntington and Robert D. Kaplan, respectively, have spoken of an emerging 'clash of civilizations' and of 'coming anarchy'. This book is also concerned with the future of civilization, in particular with the conflict between economic growth and the sustainability of the biophysical lifesupport systems of the planet, arguing that the flawed system of orthodox neo-classical economics has justified the modernist belief in the necessity of unending economic growth and the ceaseless exploitation of nature.