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Uncertainty in Economics, 1st ed. 2017 A New Approach Contributions to Economics Series

Langue : Anglais

Auteur :

Couverture de l’ouvrage Uncertainty in Economics
In this book the author develops a new approach to uncertainty in economics, which calls for a fundamental change in the methodology of economics. It provides a comprehensive overview and critical appraisal of the economic theory of uncertainty and shows that uncertainty was originally conceptualized both as an epistemic and an ontological problem. As a result of the economic professions? attempt to become acknowledged as a science, the more problematic aspect of ontological uncertainty has been neglected and the subjective probability approach to uncertainty became dominant in economic theory. A careful analysis of ontological theories of uncertainty explains the blindness of modern economics to economic phenomena such as instability, slumps or excessive booms. Based on these findings the author develops a new approach that legitimizes a New Uncertainty Paradigm in economics.
Part I: Uncertainty in economic thought.- Uncertainty in the history of economic thought.- Truth, probability and uncertainty.- The principles of economics.- Probability and neoclassical uncertainty.- Part II: Philosophies of uncertainty.- The origin of the profit.- Uncertainty and economic instability.-The division of knowledge and unknowledge.-  The nature of economics.- Part III: Methodology of uncertainty.- Extending the boundaries of economics.- Uncertainty and fiction.- Human after all.

 

Julia Köhn studied Business, Economics & Philosophy at Witten/Herdecke University and at the Erasmus Institute for Economics and Philosophy at the Erasmus University Rotterdam. She is scholar of the Konrad-Adenauer Foundation and member of the Think Thank “New Social Market Economy” as well as the Young Scholars Initiative of the Institute for New Economic Thinking in New York.

Develops a completely new approach to uncertainty in economics

Discusses comprehensively the problem of uncertainty in economics

Analyses the philosophical fundamentals of uncertainty theories

Includes supplementary material: sn.pub/extras

Date de parution :

Ouvrage de 199 p.

15.5x23.5 cm

Disponible chez l'éditeur (délai d'approvisionnement : 15 jours).

126,59 €

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