Hahn and Economic Methodology

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Release : 2012-03-15
Genre : Business & Economics
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Book Rating : 023/5 ( reviews)

Hahn and Economic Methodology - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Hahn and Economic Methodology write by Thomas Boylan. This book was released on 2012-03-15. Hahn and Economic Methodology available in PDF, EPUB and Kindle. Hahn on Methodology: The Quest for Understanding addresses two fundamental questions: (i) what is distinctive about economic theorising?; (ii) what is the cognitive value of the outcome of this activity of economic theorising, i.e. economic theory. We will argue that for Hahn, economic theorising is distinctive with respect to four dimensions. Firstly, the aim of economic theory is neither to describe nor explain the real economic world, as in the physical sciences. Rather the aim is to achieve objective, but non-scientific, understanding. Secondly, the central question for economic theory remains for Hahn how to understand, but not to predict as in physics for instance, how decentralised choices interact and perhaps get co-ordinated. Thirdly, Hahn identifies ‘three commitments’ without which, he argues, economic theorising for him is not possible. Finally, economic theorising has a distinctive approach, which Hahn calls its ‘grammar of argumentation’ .

Hahn and Economic Methodology

Download Hahn and Economic Methodology PDF Online Free

Author :
Release : 2012-03-15
Genre : Business & Economics
Kind :
Book Rating : 015/5 ( reviews)

Hahn and Economic Methodology - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Hahn and Economic Methodology write by Thomas Boylan. This book was released on 2012-03-15. Hahn and Economic Methodology available in PDF, EPUB and Kindle. Hahn on Methodology: The Quest for Understanding addresses two fundamental questions: (i) what is distinctive about economic theorising?; (ii) what is the cognitive value of the outcome of this activity of economic theorising, i.e. economic theory. We will argue that for Hahn, economic theorising is distinctive with respect to four dimensions. Firstly, the aim of economic theory is neither to describe nor explain the real economic world, as in the physical sciences. Rather the aim is to achieve objective, but non-scientific, understanding. Secondly, the central question for economic theory remains for Hahn how to understand, but not to predict as in physics for instance, how decentralised choices interact and perhaps get co-ordinated. Thirdly, Hahn identifies ‘three commitments’ without which, he argues, economic theorising for him is not possible. Finally, economic theorising has a distinctive approach, which Hahn calls its ‘grammar of argumentation’ .

Economic Theory of Bank Credit

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Release : 2015-10-08
Genre : Business & Economics
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Book Rating : 754/5 ( reviews)

Economic Theory of Bank Credit - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Theory of Bank Credit write by L. Albert Hahn. This book was released on 2015-10-08. Economic Theory of Bank Credit available in PDF, EPUB and Kindle. L. Albert Hahn published the first edition of the Economic Theory of Bank Credit in 1920 and a radically revised third edition in 1930. Economic Theory of Bank Credit is a clear exposition of a theory of credit and stands in the tradition of Harley Withers, Henry Macleod, and Knut Wicksell. A theory of credit recognizes that banks are not only intermediaries of savings but in fact create money themselves. This idea is paired with a detailed account of the technical processes of the banking sector. In Part Two, Hahn provides an economic account of the effects of credit creation on the economy: banks vary their credit creation activity for various reasons and cause fluctuations in overall economic activity. Hahn therefore develops a monetary theory of the business cycle in the spirit of Schumpeter. The first and third editions draw different conclusions about central bank policy. The first edition is optimistic that an ever-lasting boom could be achieved, whilst the third edition sees the core function of central bank policy as smoothing economic fluctuations. This edition, translated into English for the first time, enables the reader to revisit this classic contribution to monetary theory. It features a complete translation of the first edition, key elements of the third edition, and a new introduction by Professor Harald Hagemann.

Hahn and Economic Methodology

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Author :
Release : 2012
Genre : Business & Economics
Kind :
Book Rating : 486/5 ( reviews)

Hahn and Economic Methodology - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Hahn and Economic Methodology write by Thomas A. Boylan. This book was released on 2012. Hahn and Economic Methodology available in PDF, EPUB and Kindle. Hahn on Methodology: The Quest for Understanding addresses two fundamental questions: (i) what is distinctive about economic theorising?; (ii) what is the cognitive value of the outcome of this activity of economic theorising, i.e. economic theory. We will argue that for Hahn, economic theorising is distinctive with respect to four dimensions. Firstly, the aim of economic theory is neither to describe nor explain the real economic world, as in the physical sciences. Rather the aim is to achieve objective, but non-scientific, understanding. Secondly, the central question for economic theory remains for Hahn how to understand, but not to predict as in physics for instance, how decentralised choices interact and perhaps get co-ordinated. Thirdly, Hahn identifies 'three commitments' without which, he argues, economic theorising for him is not possible. Finally, economic theorising has a distinctive approach, which Hahn calls its 'grammar of argumentation' .

Critical Economic Methodology

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Release : 2005-08-18
Genre : Business & Economics
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Book Rating : 090/5 ( reviews)

Critical Economic Methodology - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Critical Economic Methodology write by Lawrence Boland. This book was released on 2005-08-18. Critical Economic Methodology available in PDF, EPUB and Kindle. Lawrence Boland takes issue with both economic methodologists and practicing economists. He argues that there has been too much 'methodology for methodology's sake' and that mainstream economics might benefit by using methodology to take a critical look at economic theory.