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The Progressive Era is generally regarded as a period of
extraordinary social, political, and economic change, affecting
virtually every aspect of American life. In the last decades of the
nineteenth century, American social scientists, drawing on their
experiences with the German social welfare system, became
increasingly interested not merely in identifying problems, but in
prescribing means by which to effect social change. This book is an
effort to identify the various influences upon critical thinkers,
and to examine their approaches to solving the social problems of
the time.
The Progressive Era is generally regarded as a period of
extraordinary social, political, and economic change, affecting
virtually every aspect of American life. In the last decades of the
nineteenth century, American social scientists, drawing on their
experiences with the German social welfare system, became
increasingly interested not merely in identifying problems, but in
prescribing means by which to effect social change. This book is an
effort to identify the various influences upon critical thinkers,
and to examine their approaches to solving the social problems of
the time.
Liberalism is typically misconceived as a philosophy of
individualism, which cannot accept that man exists in society and
that man's values are shaped by that society.
This book attempts to identify the role of community and society in
the political and social thought of leading liberal social
philosophers of the nineteenth and twentieth centuries including
John Stuart Mill, Herbert Spencer and Friedrich A. von Hayek. While
differing as to the nature of man and society, each thinker
examined holds the basic premise that man is not an isolated
creature whole life is "nasty, brutish and short" but rather that
his motivations are dependent upon his place in a social order.
Charles R. McCann has produced an interesting work that mixes
communitarianism and economics and will surprise and intrigue in
equal measure. Students and academics involved in the history of
economic thought, philosophy and libertarianism will find this book
to be a useful addition to their reading list.
Concepts of probability are an integral component of economic
theory. However there are many theories of probability and these
are manifested in different approaches to economic theory itself.
This text offers a clear and informative survey of the area serving
to standardize terminology, and so to integrate probability into a
discussion of the foundations of economic theory. Having summarized
the three main, competing interpretations of probability, the
author explains its fundamental importance in economics, and
illustrates this with a comparison of Knight's and Keynes's very
different conceptions. Finally, he examines the Austrian, Keynesian
and New Classical/Rational Expectation schools of thought.
First published in 1994. Concepts of probability are an integral
component of economic theory. However there are a wide range of
theories of probability and these are manifested in different
approaches to economic theory itself. In this book Charles McCann,
Jr provides a clear and informative survey of the area which serves
to standardize terminology and so integrate probability into a
discussion of the foundations of economic theory. This is
illustrated by examples from Austrian, Keynesian and New Classical
Economics.
In exploring the microfoundations of economic growth, the
contributors to Microfoundations of Economic Growth focus on three
subjects that were of profound interest to the great Austrian and
Harvard economist, Joseph A. Schumpeter: innovation, technological
change, and economic growth. Here economic growth is approached
from the vantage point of individual firms and industries. Most
analysis of innovation takes place at the firm or industry level,
while discussion of economic growth takes place at an economy-wide
level. The first part of the volume examines institutions, markets,
and entrepreneurs, without which analysis of the firm makes little
or no sense. The second part focuses on the firm as innovator,
placing heavy emphasis on the role of knowledge formation. The
subjects of innovation and knowledge formation are approached from
three perspectives: theoretical; industry (case) studies; and
empirical (cross section and panel data) analysis. In the third
part of the book the action moves from the firm to the ""macro"" or
economy-wide level. The volume's unique feature is in combining a
look at institutions and the innovative behavior of firms with an
intuitively dynamic, macroeconomic analysis, all from a
Schumpeterian perspective. The contributors argue that the study of
microinstitutions, such as firms and the evolving nature of
markets, is necessary for understanding macro-oriented phenomena
such as economic growth. It is in this sense, then, that the book
is concerned with microfoundations. Sixth in a series of volumes to
spring from the biennial meeting of the International Schumpeter
Society, this collection draws together the main themes of the
sixth meeting held in Stockholm, Sweden, in June 1996. The society,
founded in 1986, is a group of economists who work to promote the
scientific study of the problems of economic development and
innovation along the lines suggested by Joseph Alois Schumpeter.
Liberalism is typically misconceived as a philosophy of
individualism, which cannot accept that man exists in society and
that man's values are shaped by that society. This book attempts to
identify the role of community and society in the political and
social thought of leading liberal social philosophers of the 19th
and 20th centuries including John Stuart Mill, Herbert Spencer and
Friedrich A. von Hayek. While differing as to the nature of man and
society, each thinker examined holds the basic premise that man is
not an isolated creature whose life is 'nasty, brutish and short'
but rather that his motivations are dependent upon his place in a
social order.
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