Complexity and the History of Economic Thought
Perspectives on the History of Economic Thought : Selected Papers from the History of Economics Society Conference
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Complexity and the History of Economic Thought by David C. Colander
Book DescriptionA new approach to science has recently developed. It is called the complexity approach. A number of researchers, such as Brian Arthur and Buz Brock, have used this approach to consider issues in economics. This volume considers the complexity approach to economics from a history of thought and methodological perspectives. It finds that the ideas underlying complexity have been around for a long time, and that this new work in complexity has many precursors in the history of economic thought. This book consists of twelve studies on the issue of complexity and the history of economic thought. The studies relate complexity to the ideas of specific economists such as Adam Smith, Karl Marx, Alfred Marshall and Ragnar Frisch, as well as to specific schools of thought such as the Austrian and Institutionalist schools. The result of looking a the history of economic thought from a complexity perspective not only gives us additional insight into the complexity vision, it also gives insight into the history of economic thought. When that history is viewed from a complexity perspective, the rankings of past economists change. Smith and Hayek move up in the rankings while Ricardo moves down.
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Book DetailsISBN: 9780415133562
(234mm x 156mm x 25mm)
Publisher: Taylor & Francis Ltd
Publish Date: 13-Apr-2000
Country of Publication: United Kingdom
Books By Author David C. Colander
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Economics, Hardback (February 2013)
Helps students succeed in the principles of economics course. This title offers trademark colloquial approach that focuses on modern economics, institutions, history, and modeling, and is organized around learning objectives to make it easier for students to understand the material and for instructors to build assignments within Connect Plus.
Microeconomics, Paperback (February 2013)» View all books by David C. Colander
Helps students succeed in the principles of economics course. This book focuses on modern economics, institutions, history, and modeling, and is organized around learning objectives to make it easier for students to understand the material and for instructors to build assignments within Connect Plus.
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