Professor Shackle (1903-1992) was best known for his extensive and scholarly work on the theory of the making of business decisions in conditions of uncertainty. He also made important contributions to the theory of rates of interest and showed an exceptional ability to combine theoretical work with a practical understanding of the business world. Professor Shackle believed that economics is not pure logic but is part of the endeavour to describe the integral nature of man. Originally published in 1966, this volume contains a collection of his articles, all concerned in some way to show his approach to economic thought.…mehr
Professor Shackle (1903-1992) was best known for his extensive and scholarly work on the theory of the making of business decisions in conditions of uncertainty. He also made important contributions to the theory of rates of interest and showed an exceptional ability to combine theoretical work with a practical understanding of the business world. Professor Shackle believed that economics is not pure logic but is part of the endeavour to describe the integral nature of man. Originally published in 1966, this volume contains a collection of his articles, all concerned in some way to show his approach to economic thought.
Preface Acknowledgements Part I. The Meaning and Method of Economics: 1. The unity of European economic thought 2. The hedgehog and the fox 3. Keynes and the nature of human affairs 4. The ruin of economy 5. The 'Great Theory' in eclipse Part II. Decision Verses Determinism: 6. Time, nature and decision 7. The description of uncertainty 8. Decision and uncertainty 9. The dilemma of history 10. Models of conjecture 11. Brief testament Part III. Business and Psychology: 12. The economist's model of man 13. Theory and the business man 14. Business men on business decisions 15. Business and uncertainty 16. Scale, risk and profit Part IV. Resources and Demands: 17. Resources and demands 18. The nature of inflation Part V. Interest and Investment: 19. Recent theories concerning the nature and role of interest Part VI. Critical Reflections: 20. Battles long ago (review) 21. The stages of economic growth (review) 22. Values and intentions (review) Index.
Preface Acknowledgements Part I. The Meaning and Method of Economics: 1. The unity of European economic thought 2. The hedgehog and the fox 3. Keynes and the nature of human affairs 4. The ruin of economy 5. The 'Great Theory' in eclipse Part II. Decision Verses Determinism: 6. Time, nature and decision 7. The description of uncertainty 8. Decision and uncertainty 9. The dilemma of history 10. Models of conjecture 11. Brief testament Part III. Business and Psychology: 12. The economist's model of man 13. Theory and the business man 14. Business men on business decisions 15. Business and uncertainty 16. Scale, risk and profit Part IV. Resources and Demands: 17. Resources and demands 18. The nature of inflation Part V. Interest and Investment: 19. Recent theories concerning the nature and role of interest Part VI. Critical Reflections: 20. Battles long ago (review) 21. The stages of economic growth (review) 22. Values and intentions (review) Index.
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