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Topic: Economic subjectivism

Related Topics

Marxian economics

Austrian School

Neoclassical economics

Historical School

Friedrich Hayek

Joseph Schumpeter

Carl Menger

Pareto efficiency

Marxism

Jane Jacobs

David Ricardo

	Neoclassical economics: Definition and Links by Encyclopedian.com
		Neoclassical economics is conventionally dated from William Stanley Jevons' Theory of Political Economy (1871), Carl Menger's Principles of Economics (1871), and Leon Walras's Elements of Pure Economics (1874-1877).
		Economic rents exist in short period equilibrium for fixed factors, and the rate of profit is not equated across sectors.
		Neoclassical economics is also often seen as relying too heavily on complex mathematical models, such as those used in general equilibrium theory, without enough regard to whether these actually describe the real economy.
	www.encyclopedian.com /ne/Neo-classical-economics.html (1800 words)

	Government: Creator of Uncertainty
		One of the pillars of the Austrian school of economics is the principle that in explaining economic events, objective entities and quantities in themselves don’t count.
		Subjectivism in economics should not be confused with subjectivism in philosophy.
		Subjectivism in economics means that human choice is what drives “the economy.” This should be uncontroversial, but it has been a source of confusion, even among some libertarians.
	www.fff.org /freedom/0700d.asp (1232 words)

	neoclassical economics - Article and Reference from OnPedia.com
		Neoclassical economics is the grouping of a number of schools of thought in economics.
		Neoclassical economics is conventionally dated from William Stanley Jevons' Theory of Political Economy (1871), Carl Menger's Principles of Economics (1871), and Leon Walras's Elements of Pure Economics (1874 – 1877).
		The interwar period in American economics has been argued to have been pluralistic, with neoclassical economics and institutionalism competing for allegiance.
	www.onpedia.com /encyclopedia/neoclassical-economics (1622 words)

	Truth in Economic Subjectivism (Site not responding. Last check: 2007-10-19)
		Subjectivism is commonly predicated on normative expressions of beliefs, attitudes, and emotions by a judging subject.
		Economic agents might be fooled by the token objects they believe to be genuine members of the type-category "money." One way to analyze this problem is to attribute the cause to subjectivism.
		Epistemically speaking, economic judgments are distinct from moral judgments in the sense that while the former is an interested judgment, the latter is not.
	www.acton.org /publicat/m_and_m/1998_oct/zuniga.html (4128 words)

	Putting the Self Into Self-Interest: An Economist Looks at Values
		Economics, with its wide array of explanatory successes, is justifiably regarded as the queen of the social sciences.
		The economic hypothesis is that parents base their decisions upon the expected flow of utility that the children will produce for the parent.
		My hope is to erect a wall around economics to protect those who use it from taking methodological individualism to illogical ends, from translating economic subjectivism into value subjectivism more generally, and from turning a deterministic explanatory strategy into a comprehensive determinism.
	www.heritage.org /Research/PoliticalPhilosophy/HL575.cfm (8664 words)

	Austrian Economics Can Be Compatible With Objectivist Ethics, by Professor Edward W. Younkins (Site not responding. Last check: 2007-10-19)
		Menger's economic object is thus a subject-dependent entity in the sense that the manner of its existence depends upon it being perceived as economic by the agent.
		The economic character of a good cannot be determined in the absence of a mind judging or perceiving the significance of an object in relation to an end.
		Although the truth or falsity of an economic judgment can be settled objectively based on facts in the world about the object in its role as an economic good and their correspondence to the agent's expectations, it is clear that no one except the acting subject could make the verdict.
	www.libertarian.co.uk /lapubs/philn/philn070.htm (6993 words)

	Net Worth or Material Goods
		The particular characteristics of economics are represented by the functional categories of consuming, saving, producing and supplying factors, which are associated with the roles of the consumer-saver, producer, and factor supplier.
		To demonstrate the subjectivity of economic analysis, he contrasts (a) an image of an economy in which robots who behave according to algorithms ("maximizers") occupy the roles of consumer, producer and factors supplier with (b) an image of a market economy, in which these behaviors are performed as a consequence of entrepreneurship.
		Subjectivism is an approach to the study of phenomena that places subjects' perceptions, expectations, and plans about the phenomena above the study of the phenomena the mselves.
	www.gunning.cafeprogressive.com /subjecti/workpape/networth.htm (10230 words)

	Peter Boettke Publications
		Lachmann's Policy Activism: An Austrian critique of Keynesian proclivities, in Roger Koppl and Gary Mongiovi, eds., Subjectivism and Economic Analysis: Essays in Memory of Ludwig Lachmann (London: Routledge, 1998): 163-182.
		Credibility, the Monetary Regime, and Economic Reform in the former Soviet Union, in James Dorn and Roustem Noureev, eds., Monetary Reform in the Post-Communist Countries (Moscow: Catallaxy Press, 1995): 64-72.
		The Use and Abuse of History of Economic Thought: The Case of the Austrian School of Economics, History of Political Economy, 34 (2002): 337-360.
	www.gmu.edu /departments/economics/pboettke/pubs_sub.html (3902 words)

	CARL MENGER, INDIVIDUALISM, MARGINAL UTILITY, AND THE REVIVAL OF ECONOMICS (Site not responding. Last check: 2007-10-19)
		His methodological subjectivism refuted the labor theory of value and showed that economic value is formed on the basis of acting subjects' needs and preferences.
		Smith and his followers held that an object's economic value is intrinsic to it and is determined externally to the considerations, valuations, and expectations of economically acting subjects: purchasers and sellers.
		The marginalist revolution in economics during the 1870s provided a solution to the water-diamond paradox and an entirely new theory of economic value based on the concept of marginal utility.
	www.quebecoislibre.org /06/060430-6.htm (1977 words)

	The Methodology of the Austrian School Economists, Introduction
		Until recently the Austrian School of Economics was a topic studied almost solely by historians of economic thought interested in the development of marginal utility theory in the late nineteenth century.
		If the Austrians continue to stand apart from mainstream neoclassical economics, the reason lies in their methodological orientation and the implications this has for their theoretical and applied work.
		In tracing the development of Austrian economics, we shall concentrate on six authors who have been most notable for their use and defense of the subjectivist approach, and on the themes running through their theoretical and methodological writings.
	www.mises.org /mofase/ch1.asp (595 words)

	GalbraithandFeudalism (Site not responding. Last check: 2007-10-19)
		Neo-liberalism is a certain type of pro-market economic policy that arguably rose from the liberal tradition.
		Economic subjectivism is the theory that value is a feature of the appraiser and not of the thing being valued.
		This argument would be rejected by opponents of economic subjectivism, who would see the determining factor in the value of the candy bar as being the amount of labour or effort that went into producing it.
	dks.thing.net /GalbraithandFeudalism.html (7455 words)

	History of economics - Wikipedia, the free encyclopedia
		Green economists, a loose group of theories associated with feminism, postmodernism, and the ecology movement.
		David Ricardo, one of the most influential classical economists, is often credited with systematising economics.
		Smith was by the era of Classical Economics, whose main contributors were John Stuart Mill and David Ricardo.
	en.wikipedia.org /wiki/History_of_economic_thought (2391 words)

	List of economics topics - Wikipedia, the free encyclopedia
		This aims to be a complete list of the articles on economics.
		It does not include articles about economists, who are listed in the list of economists.
		Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel
	en.wikipedia.org /wiki/List_of_economics_topics (160 words)

	The Austrian Economics Study Guide
		The first of ten lectures from the Introduction to Austrian Economic Analysis seminar with Joseph Salerno, recorded at the Mises Institute, 06-12-2006.
		The Quarterly Journal of Austrian Economics, Spring 2003, 6(1), pp.
		"Subjectivism and Economic Analysis: Essays in Memory of Ludwig Lachmann, edited by Roger Kopp and Gary Mongiovi"
	www.mises.org /StudyGuideDisplay.asp?SubjID=4 (675 words)

	Peter Lewin's home page
		Neoclassical economic theory works with formal models of representative firms, that is, firms that are, in all essential respects, identical.
		The Economics of QWERTY: History, Theory and Policy, Essays by Stan J. Liebowitz and Stephen E. Margolis, Edited with an Introduction and Conclusion by Peter Lewin (New York: New York University Press; and London: Palgrave (formerly Macmillan) 2002).
		Subjectivism and Economic Analysis: Essays in Memory of Ludwig M. Lachmann, Edited by Roger Koppl and Gary Mongiovi (London and New York: Routledge, 1998) Quarterly Journal of Austrian Economics, 2000 Spring 4 (1): 75-80.
	www.utdallas.edu /~plewin (1252 words)

	REVIEWS by Roger W. Garrison
		Karen I. Vaughn, Austrian Economics in America: The Migration of a Tradition.
		Steele, The Economics of Friedrich Hayek, Southern Economic Journal, vol.
		Patrick Gunning, The New Subjectivist Revolution: An Elucidation and Extension of Ludwig von Mises's Contributions to Economic Theory, Journal of Economic Literature, vol.
	www.auburn.edu /~garriro/reviews.htm (550 words)

	subjectivism - OneLook Dictionary Search
		Subjectivism : Online Plain Text English Dictionary [home, info]
		Subjectivism : The Ism Book A Field Guide to the Nomenclature of Philosophy [home, info]
		SUBJECTIVISM : Irivng Hexham's Concise Dictionary of Religion [home, info]
	www.onelook.com /?w=subjectivism (247 words)

	Dr. Gloria Zúñiga - Academic Interests (Site not responding. Last check: 2007-10-19)
		“The Economic Thought of John Paul II,” Austrian Scholars Conference, Ludwig von Mises Institute, Auburn, Alabama, April 3–4, 1998.
		“Truth in Economic Subjectivism,” Eastern Division meeting of the American Philosophical Association, Philadelphia, PA, December 27–30, 1997.
		“Polish Phenomenology: Bridging Moral Objectivism and Economic Subjectivism,” presented at the Poland: Philosophy, Economics and Politics conference, sponsored by The Windsor Group, Warsaw, Poland, February 28–March 1, 1997.
	faculty.gvsu.edu /zunigag/presentations.html (294 words)

	ECONOMICSnetBASE: Routledge Economics References Online
		Economic Growth and Environmental Sustainability: The prospects for green growth
		Economic Transformation in East and Central Europe: Legacies from the Past and Policies for the Future
		Evolution of Austrian Economics: From Menger to Lachmann, The
	www.economicsnetbase.com /ejournals/search/advsearch.asp (2190 words)

	THE FAILURE OF THE NEW SUBJECTIVISTREVOLUTION
		Economics and Other Branches of the Study of Human Action
		Applied Economics or the Study of Economic History
		Subjectivism in the Method of Contrasting Images of Functions
	www.gunning.cafeprogressive.com /subjecti/newscont.htm (735 words)

	Dr. Gloria Zúñiga - Academic Interests (Site not responding. Last check: 2007-10-19)
		“An Ontology of Economic Objects,” The American Journal of Economics and Sociology, Vol.
		“Economic Models of Human Nature,” in Human Nature and the Discipline of Economics, Foundations of Economic Personalism Series, Vol.
		“Economic Value and Moral Value,” and “Human Action: The Market,” The Free Person and The Free Economy, Foundations of Economic Personalism Series, Vol.
	faculty.gvsu.edu /zunigag/publications.html (345 words)

	AUSTRIAN ECONOMICS CAN BE COMPATIBLE WITH OBJECTIVIST ETHICS (Site not responding. Last check: 2007-10-19)
		He is the author of Capitalism and Commerce.
		« Menger seems to want to find a basis for economic value in biology.
		Gunning, Patrick J. "Ludwig von Mises' Transformation of the Austrian Theory of Value and Cost," History of Economics Review, Winter-Summer 1997, No.
	www.quebecoislibre.org /030927-2.htm (7006 words)

	BrothersJudd Blog: SPEAKING RELATIVELY OF RELATIVISM:
		I thought it might be of use to your readers to have my own reflections on that matter as well.
		One of the insights of the Austrian school of economics has been to clarify the subjective nature of prices in a market economy operating relatively freely, along with the critical information and economic coordination that result from such free prices.
		One need not look far to see the deleterious effects in societies that attempt to regulate or controls prices.
	www.brothersjudd.com /blog/archives/2005/11/speaking_relati.html (336 words)

	Philosophers of Capitalism
		Description: This is a collection of essays discussing the economic and political ideas of Carl Menger, Ludwig von Mises, and Ayn Rand.
		Ludwig von Mises and the Austrian School of Economics (Jeffrey M. Herbener)
		Aristotle, Menger, Mises: An Essay in the Metaphysics of Economics (Barry Smith)
	www.noblesoul.com /orc/books/other/philcap.html (365 words)

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