The Cambridge controversies in capital theory :: a study in the logic of theory development /
"A controversy in capital theory dominated economics in the 1960s and 1970s. Economists based in Cambridge, England detected flaws in the production model of neoclassical economics, associated with Cambridge, America. This debate established that the aggregate measure K for capital could not be...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
London ; New York :
Routledge,
2002.
|
| Schriftenreihe: | Routledge studies in the history of economics ;
47. |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | "A controversy in capital theory dominated economics in the 1960s and 1970s. Economists based in Cambridge, England detected flaws in the production model of neoclassical economics, associated with Cambridge, America. This debate established that the aggregate measure K for capital could not be used except in very special cases despite its still common usage in real business cycle theory today." "The Cambridge Controversies in Capital Theory discusses the main contributions to the controversy in a series of case studies. It gradually develops a methodological model of idealizations that explains both the process of the debate and the historical ironies surrounding it, revealing that the surrounding confusion was due to the internal dynamics of the debate rather than to ideological differences. Economists were mainly engaged in attempts to solve local problems, often of a highly technical nature. This, plus the use of mathematics, led them to confuse different kinds of idealizations and to drift away from the global problems that were at stake. The main methodological result is a model describing the development of theories by a particular type of generalization: correspondence. The direction in which theories are expanded is ruled by the logical presupposition relationship between the core of a research programme and its corresponding models. This framework is used to assess Cartwright's account of scientific explanation, to solve Friedman's problem of assumptions and the problem of methodological pluralism." "This book will be of use to academics and advanced students with an interest in theoretical economics, history of economic thought, economic methodology and the philosophy of science."--Jacket |
| Beschreibung: | 1 online resource (xviii, 206 pages) : illustrations |
| Bibliographie: | Includes bibliographical references (pages 188-201) and index. |
| ISBN: | 0203416686 9780203416686 9781134906543 1134906544 9781134906499 1134906498 9781134906536 1134906536 9781138006614 1138006610 0429231261 9780429231261 1280321105 9781280321108 |
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| 100 | 1 | |a Birner, Jack, |d 1951- |1 https://id.oclc.org/worldcat/entity/E39PCjB63y8JCkhyqTqHmcyPQq |0 http://id.loc.gov/authorities/names/no94038782 | |
| 245 | 1 | 4 | |a The Cambridge controversies in capital theory : |b a study in the logic of theory development / |c Jack Birner. |
| 246 | 3 | 0 | |a Controversies in capital theory |
| 260 | |a London ; |a New York : |b Routledge, |c 2002. | ||
| 300 | |a 1 online resource (xviii, 206 pages) : |b illustrations | ||
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| 490 | 1 | |a Routledge studies in the history of economics ; |v 47 | |
| 504 | |a Includes bibliographical references (pages 188-201) and index. | ||
| 588 | 0 | |a Print version record. | |
| 505 | 0 | 0 | |t The K that wouldn't go away -- |t The sleepwalker effect -- |t Levels and problems -- |t Idealizations and the method of economics: some historical background -- |t The way forward -- |t A brief exposition of reswitching and capital reversing -- |t The model -- |t Characteristic propositions of neoclassical production theory -- |t Perversities and anomalies -- |t The background of the debate: some history -- |t Robinson's research programme -- |t Discontinuities in the recent history of economic thought -- |t Clouds in the neoclassical sky -- |t Robinson defines the problem -- |t Champernowne's solution -- |t Robinson returns to the problem -- |t Taking methodological stock (I) -- |t The Polish idealization model -- |t Back to the capital theory debate -- |t Correspondence and factualization -- |t An excursion into the philosophy of science -- |t Better roughly right than precisely wrong? -- |t An example of correspondence -- |t Triumph and crisis of the neoclassical production model -- |t Neoclassical triumph -- |t Crisis for the neoclassical model -- |t Taking methodological stock (II) -- |t The antipodean idealization model -- |t Aiming at a complete model of idealizations -- |t From curiosum to issue -- |t A little theorem with big consequences -- |t The symposium -- |t Neoclassical reactions -- |t Hicks hunts the snark -- |t Brown pursues the trail -- |t More neoclassical resources are mobilized -- |t Taking methodological stock (III) -- |t Tactics and moves -- |t Strategies and likelihoods -- |t AIM and PIM reconsidered -- |t Weapons -- |t The role of mathematics -- |t Mathematics as a neutral instrument. |
| 520 | 1 | |a "A controversy in capital theory dominated economics in the 1960s and 1970s. Economists based in Cambridge, England detected flaws in the production model of neoclassical economics, associated with Cambridge, America. This debate established that the aggregate measure K for capital could not be used except in very special cases despite its still common usage in real business cycle theory today." | |
| 520 | 8 | |a "The Cambridge Controversies in Capital Theory discusses the main contributions to the controversy in a series of case studies. It gradually develops a methodological model of idealizations that explains both the process of the debate and the historical ironies surrounding it, revealing that the surrounding confusion was due to the internal dynamics of the debate rather than to ideological differences. Economists were mainly engaged in attempts to solve local problems, often of a highly technical nature. This, plus the use of mathematics, led them to confuse different kinds of idealizations and to drift away from the global problems that were at stake. | |
| 520 | 8 | |a The main methodological result is a model describing the development of theories by a particular type of generalization: correspondence. The direction in which theories are expanded is ruled by the logical presupposition relationship between the core of a research programme and its corresponding models. This framework is used to assess Cartwright's account of scientific explanation, to solve Friedman's problem of assumptions and the problem of methodological pluralism." "This book will be of use to academics and advanced students with an interest in theoretical economics, history of economic thought, economic methodology and the philosophy of science."--Jacket | |
| 546 | |a English. | ||
| 650 | 0 | |a Capital. |0 http://id.loc.gov/authorities/subjects/sh85019929 | |
| 650 | 0 | |a Neoclassical school of economics. |0 http://id.loc.gov/authorities/subjects/sh85090746 | |
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| adam_text | |
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| contents | The K that wouldn't go away -- The sleepwalker effect -- Levels and problems -- Idealizations and the method of economics: some historical background -- The way forward -- A brief exposition of reswitching and capital reversing -- The model -- Characteristic propositions of neoclassical production theory -- Perversities and anomalies -- The background of the debate: some history -- Robinson's research programme -- Discontinuities in the recent history of economic thought -- Clouds in the neoclassical sky -- Robinson defines the problem -- Champernowne's solution -- Robinson returns to the problem -- Taking methodological stock (I) -- The Polish idealization model -- Back to the capital theory debate -- Correspondence and factualization -- An excursion into the philosophy of science -- Better roughly right than precisely wrong? -- An example of correspondence -- Triumph and crisis of the neoclassical production model -- Neoclassical triumph -- Crisis for the neoclassical model -- Taking methodological stock (II) -- The antipodean idealization model -- Aiming at a complete model of idealizations -- From curiosum to issue -- A little theorem with big consequences -- The symposium -- Neoclassical reactions -- Hicks hunts the snark -- Brown pursues the trail -- More neoclassical resources are mobilized -- Taking methodological stock (III) -- Tactics and moves -- Strategies and likelihoods -- AIM and PIM reconsidered -- Weapons -- The role of mathematics -- Mathematics as a neutral instrument. |
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code="a">data file</subfield></datafield><datafield tag="490" ind1="1" ind2=" "><subfield code="a">Routledge studies in the history of economics ;</subfield><subfield code="v">47</subfield></datafield><datafield tag="504" ind1=" " ind2=" "><subfield code="a">Includes bibliographical references (pages 188-201) and index.</subfield></datafield><datafield tag="588" ind1="0" ind2=" "><subfield code="a">Print version record.</subfield></datafield><datafield tag="505" ind1="0" ind2="0"><subfield code="t">The K that wouldn't go away --</subfield><subfield code="t">The sleepwalker effect --</subfield><subfield code="t">Levels and problems --</subfield><subfield code="t">Idealizations and the method of economics: some historical background --</subfield><subfield code="t">The way forward --</subfield><subfield code="t">A brief exposition of reswitching and capital reversing --</subfield><subfield code="t">The model --</subfield><subfield code="t">Characteristic propositions of neoclassical 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code="t">Strategies and likelihoods --</subfield><subfield code="t">AIM and PIM reconsidered --</subfield><subfield code="t">Weapons --</subfield><subfield code="t">The role of mathematics --</subfield><subfield code="t">Mathematics as a neutral instrument.</subfield></datafield><datafield tag="520" ind1="1" ind2=" "><subfield code="a">"A controversy in capital theory dominated economics in the 1960s and 1970s. Economists based in Cambridge, England detected flaws in the production model of neoclassical economics, associated with Cambridge, America. This debate established that the aggregate measure K for capital could not be used except in very special cases despite its still common usage in real business cycle theory today."</subfield></datafield><datafield tag="520" ind1="8" ind2=" "><subfield code="a">"The Cambridge Controversies in Capital Theory discusses the main contributions to the controversy in a series of case studies. It gradually develops a methodological model of idealizations that explains both the process of the debate and the historical ironies surrounding it, revealing that the surrounding confusion was due to the internal dynamics of the debate rather than to ideological differences. Economists were mainly engaged in attempts to solve local problems, often of a highly technical nature. 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| illustrated | Illustrated |
| indexdate | 2024-11-27T13:15:19Z |
| institution | BVB |
| isbn | 0203416686 9780203416686 9781134906543 1134906544 9781134906499 1134906498 9781134906536 1134906536 9781138006614 1138006610 0429231261 9780429231261 1280321105 9781280321108 |
| language | English |
| oclc_num | 50679332 |
| open_access_boolean | |
| owner | MAIN DE-863 DE-BY-FWS |
| owner_facet | MAIN DE-863 DE-BY-FWS |
| physical | 1 online resource (xviii, 206 pages) : illustrations |
| psigel | ZDB-4-EBA |
| publishDate | 2002 |
| publishDateSearch | 2002 |
| publishDateSort | 2002 |
| publisher | Routledge, |
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| series | Routledge studies in the history of economics ; |
| series2 | Routledge studies in the history of economics ; |
| spelling | Birner, Jack, 1951- https://id.oclc.org/worldcat/entity/E39PCjB63y8JCkhyqTqHmcyPQq http://id.loc.gov/authorities/names/no94038782 The Cambridge controversies in capital theory : a study in the logic of theory development / Jack Birner. Controversies in capital theory London ; New York : Routledge, 2002. 1 online resource (xviii, 206 pages) : illustrations text txt rdacontent computer c rdamedia online resource cr rdacarrier data file Routledge studies in the history of economics ; 47 Includes bibliographical references (pages 188-201) and index. Print version record. The K that wouldn't go away -- The sleepwalker effect -- Levels and problems -- Idealizations and the method of economics: some historical background -- The way forward -- A brief exposition of reswitching and capital reversing -- The model -- Characteristic propositions of neoclassical production theory -- Perversities and anomalies -- The background of the debate: some history -- Robinson's research programme -- Discontinuities in the recent history of economic thought -- Clouds in the neoclassical sky -- Robinson defines the problem -- Champernowne's solution -- Robinson returns to the problem -- Taking methodological stock (I) -- The Polish idealization model -- Back to the capital theory debate -- Correspondence and factualization -- An excursion into the philosophy of science -- Better roughly right than precisely wrong? -- An example of correspondence -- Triumph and crisis of the neoclassical production model -- Neoclassical triumph -- Crisis for the neoclassical model -- Taking methodological stock (II) -- The antipodean idealization model -- Aiming at a complete model of idealizations -- From curiosum to issue -- A little theorem with big consequences -- The symposium -- Neoclassical reactions -- Hicks hunts the snark -- Brown pursues the trail -- More neoclassical resources are mobilized -- Taking methodological stock (III) -- Tactics and moves -- Strategies and likelihoods -- AIM and PIM reconsidered -- Weapons -- The role of mathematics -- Mathematics as a neutral instrument. "A controversy in capital theory dominated economics in the 1960s and 1970s. Economists based in Cambridge, England detected flaws in the production model of neoclassical economics, associated with Cambridge, America. This debate established that the aggregate measure K for capital could not be used except in very special cases despite its still common usage in real business cycle theory today." "The Cambridge Controversies in Capital Theory discusses the main contributions to the controversy in a series of case studies. It gradually develops a methodological model of idealizations that explains both the process of the debate and the historical ironies surrounding it, revealing that the surrounding confusion was due to the internal dynamics of the debate rather than to ideological differences. Economists were mainly engaged in attempts to solve local problems, often of a highly technical nature. This, plus the use of mathematics, led them to confuse different kinds of idealizations and to drift away from the global problems that were at stake. The main methodological result is a model describing the development of theories by a particular type of generalization: correspondence. The direction in which theories are expanded is ruled by the logical presupposition relationship between the core of a research programme and its corresponding models. This framework is used to assess Cartwright's account of scientific explanation, to solve Friedman's problem of assumptions and the problem of methodological pluralism." "This book will be of use to academics and advanced students with an interest in theoretical economics, history of economic thought, economic methodology and the philosophy of science."--Jacket English. Capital. http://id.loc.gov/authorities/subjects/sh85019929 Neoclassical school of economics. http://id.loc.gov/authorities/subjects/sh85090746 École néoclassique d'économie politique. BUSINESS & ECONOMICS Finance. bisacsh Capital fast Neoclassical school of economics fast Print version: Birner, Jack, 1951- Cambridge controversies in capital theory. London ; New York : Routledge, 2002 0415073480 (DLC) 00047059 (OCoLC)45002220 Routledge studies in the history of economics ; 47. http://id.loc.gov/authorities/names/n94114149 FWS01 ZDB-4-EBA FWS_PDA_EBA https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=71389 Volltext |
| spellingShingle | Birner, Jack, 1951- The Cambridge controversies in capital theory : a study in the logic of theory development / Routledge studies in the history of economics ; The K that wouldn't go away -- The sleepwalker effect -- Levels and problems -- Idealizations and the method of economics: some historical background -- The way forward -- A brief exposition of reswitching and capital reversing -- The model -- Characteristic propositions of neoclassical production theory -- Perversities and anomalies -- The background of the debate: some history -- Robinson's research programme -- Discontinuities in the recent history of economic thought -- Clouds in the neoclassical sky -- Robinson defines the problem -- Champernowne's solution -- Robinson returns to the problem -- Taking methodological stock (I) -- The Polish idealization model -- Back to the capital theory debate -- Correspondence and factualization -- An excursion into the philosophy of science -- Better roughly right than precisely wrong? -- An example of correspondence -- Triumph and crisis of the neoclassical production model -- Neoclassical triumph -- Crisis for the neoclassical model -- Taking methodological stock (II) -- The antipodean idealization model -- Aiming at a complete model of idealizations -- From curiosum to issue -- A little theorem with big consequences -- The symposium -- Neoclassical reactions -- Hicks hunts the snark -- Brown pursues the trail -- More neoclassical resources are mobilized -- Taking methodological stock (III) -- Tactics and moves -- Strategies and likelihoods -- AIM and PIM reconsidered -- Weapons -- The role of mathematics -- Mathematics as a neutral instrument. Capital. http://id.loc.gov/authorities/subjects/sh85019929 Neoclassical school of economics. http://id.loc.gov/authorities/subjects/sh85090746 École néoclassique d'économie politique. BUSINESS & ECONOMICS Finance. bisacsh Capital fast Neoclassical school of economics fast |
| subject_GND | http://id.loc.gov/authorities/subjects/sh85019929 http://id.loc.gov/authorities/subjects/sh85090746 |
| title | The Cambridge controversies in capital theory : a study in the logic of theory development / |
| title_alt | Controversies in capital theory The K that wouldn't go away -- The sleepwalker effect -- Levels and problems -- Idealizations and the method of economics: some historical background -- The way forward -- A brief exposition of reswitching and capital reversing -- The model -- Characteristic propositions of neoclassical production theory -- Perversities and anomalies -- The background of the debate: some history -- Robinson's research programme -- Discontinuities in the recent history of economic thought -- Clouds in the neoclassical sky -- Robinson defines the problem -- Champernowne's solution -- Robinson returns to the problem -- Taking methodological stock (I) -- The Polish idealization model -- Back to the capital theory debate -- Correspondence and factualization -- An excursion into the philosophy of science -- Better roughly right than precisely wrong? -- An example of correspondence -- Triumph and crisis of the neoclassical production model -- Neoclassical triumph -- Crisis for the neoclassical model -- Taking methodological stock (II) -- The antipodean idealization model -- Aiming at a complete model of idealizations -- From curiosum to issue -- A little theorem with big consequences -- The symposium -- Neoclassical reactions -- Hicks hunts the snark -- Brown pursues the trail -- More neoclassical resources are mobilized -- Taking methodological stock (III) -- Tactics and moves -- Strategies and likelihoods -- AIM and PIM reconsidered -- Weapons -- The role of mathematics -- Mathematics as a neutral instrument. |
| title_auth | The Cambridge controversies in capital theory : a study in the logic of theory development / |
| title_exact_search | The Cambridge controversies in capital theory : a study in the logic of theory development / |
| title_full | The Cambridge controversies in capital theory : a study in the logic of theory development / Jack Birner. |
| title_fullStr | The Cambridge controversies in capital theory : a study in the logic of theory development / Jack Birner. |
| title_full_unstemmed | The Cambridge controversies in capital theory : a study in the logic of theory development / Jack Birner. |
| title_short | The Cambridge controversies in capital theory : |
| title_sort | cambridge controversies in capital theory a study in the logic of theory development |
| title_sub | a study in the logic of theory development / |
| topic | Capital. http://id.loc.gov/authorities/subjects/sh85019929 Neoclassical school of economics. http://id.loc.gov/authorities/subjects/sh85090746 École néoclassique d'économie politique. BUSINESS & ECONOMICS Finance. bisacsh Capital fast Neoclassical school of economics fast |
| topic_facet | Capital. Neoclassical school of economics. École néoclassique d'économie politique. BUSINESS & ECONOMICS Finance. Capital Neoclassical school of economics |
| url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=71389 |
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