»Jahrhundertkrise«, »Bankencrash«, »Systemkollaps« - markige Worte wurden bemüht, um die Wirtschaftskrise zu beschreiben, die in den letzten Jahren zum Bankrott ganzer Länder geführt hat. Markige Worte, die nach grundlegenden Änderungen schreien. Doch als wäre nichts geschehen, geht alles weiter wie bisher: Die neoliberale Wirtschaft beginnt erneut heiß zu laufen und schon sieht man wieder die ersten Spekulationsblasen wachsen. Angesichts dies...
Discussing economic theory and English economic history from the eighteenth century until the late 1970s this volume discusses among other things fixed capital and problems with the definition of the premodern economy as well as providing a chronology of 18th century business cycles.
Among the early neo-classical economists, Francis Edgeworth is known as one of the most brilliant. Mirowski has created an intellectual biography of this key figure that is unprecedented in scope.
This collection of interdisciplinary essays is the first to investigate how images in the history of the natural and physical sciences have been used to shape the history of economic thought. The contributors, historians of science and economics alike, document the extent to which scholars have drawn on physical and natural science to ground economic ideas and evaluate the role and importance of metaphors in the structure and content of econom...
This is the first cross-over book in the history of science written by an historian of economics, combining a number of disciplinary and stylistic orientations. In it Philip Mirowshki shows how what is conventionally thought to be "history of technology" can be integrated with the history of economic ideas. His analysis combines Cold War history with the history of the postwar economics profession in America and later elsewhere, revealing that...
At the onset of the Great Recession, as house prices sank and joblessness soared, many commentators concluded that the economic convictions behind the disaster would now be consigned to history. And yet, in the harsh light of a new day, we've awoken to a second nightmare more ghastly than the first: a political class still blaming government intervention, a global drive for austerity, stagflation, and an international sovereign debt crisis. Ph...
Introduction: Paradigms, Hard Cores, and Fuglemen in Modern Economic Theory.- Reconceptualizing Classical Economics.- Property Appropriation and Economic Theory.- Time and Equilibrium.- The Role of Formalism in Economic Thought, with Illustration Drawn from the Analysis of Social Interaction in the Firm.- Mathematical Formalism and Economic Explanation.- Institutions as a Solution Concept in a Game Theory Context.
A serious reconsideration of the 'economics of science' is long overdue, " say Philip Mirowski and Esther-Mirjam Sent in the introduction to "Science Bought and Sold." Indeed, it is only recently that one could speak of a field of economics of science at all. Although it has long been accepted that economics can provide useful tools with which to understand science, economics has only lately begun to be recognized as a fundamental component th...
This trenchant study analyzes the rise and decline in the quality and format of science in America since World War II. "Science-Mart" attributes this decline to a powerful neoliberal ideology in the 1980s which saw the fruits of scientific investigation as commodities that could be monetized, rather than as a public good.