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Edward J. Nell
Edward J. Nell (born July 16, 1935) is an American economist and a former professor at the New School for Social Research. Nell was a member of the New School faculty from 1969 to 2014. He achieved the rank of Malcolm B. Smith Professor of Economics in 1990. Nell's contributions are in the fields of macroeconomic theory, monetary analysis and finance, economic methodology and philosophy, and development. His articles on economic theory and methodology have appeared in leading journals like the American Economic Review, the Journal of Political Economy, the Journal of Economic Literature, Cambridge Journal of Economics, Eastern Economic Journal, Review of Political Economy, Economic Development and Cultural Change, Analysis, and Social Research. Nell is known for his critical view of the methodological and philosophical foundations of neoclassical economics, examined in his best known book ''Rational Economic Man'' (Cambridge University Press, 1975) and coauthored with English rat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Post-Keynesian Economics
Post-Keynesian economics is a Schools of economic thought, school of economic thought with its origins in ''The General Theory of Employment, Interest and Money, The General Theory'' of John Maynard Keynes, with subsequent development influenced to a large degree by Michał Kalecki, Joan Robinson, Nicholas Kaldor, Sidney Weintraub (economist born 1914), Sidney Weintraub, Paul Davidson (economist), Paul Davidson, Piero Sraffa, Jan Kregel and Marc Lavoie. Historian Robert Skidelsky, Baron Skidelsky, Robert Skidelsky argues that the post-Keynesian school has remained closest to the spirit of Keynes' original work. It is a heterodox approach to economics based on a non-equilibrium economics, non-equilibrium approach. Introduction The term "post-Keynesian" was first used to refer to a distinct school of economic thought by Alfred Eichner, Eichner and Kregel (1975) and by the establishment of the ''Journal of Post Keynesian Economics'' in 1978. Prior to 1975, and occasionally in more ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rhodes Scholar
The Rhodes Scholarship is an international Postgraduate education, postgraduate award for students to study at the University of Oxford in Oxford, United Kingdom. The scholarship is open to people from all backgrounds around the world. Established in 1902, it is one of the oldest graduate scholarships in the world and one of the most prestigious international scholarship programs. Its founder, Cecil Rhodes, Cecil John Rhodes, wanted to promote unity among English-speaking nations and instill a sense of civic-minded leadership and moral fortitude in future leaders, irrespective of their chosen career paths. The scholarship committee selects candidates based on a combination of literary and academic achievements, athletic involvement, character traits like truth and courage, and leadership potential, originally assessed on a 200-point scale. In 2018, the criteria were revised to emphasize using one's talents and caring for others. The American Rhodes Scholarship is highly com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wassily Leontief
Wassily Wassilyevich Leontief (; August 5, 1905 – February 5, 1999) was a Soviet-American economist known for his research on input–output analysis and how changes in one economic sector may affect other sectors. Leontief won the Nobel Memorial Prize in Economic Sciences in 1973, and four of his doctoral students have also been awarded the prize (Paul Samuelson 1970, Robert Solow 1987, Vernon L. Smith 2002, Thomas Schelling 2005). Biography Early life Wassily Leontief was born on August 5, 1905, in Munich, German Empire, the son of Wassily W. Leontief (professor of Economics) and Zlata (German spelling ''Slata''; later Evgenia) Leontief (née Becker). Wassily Leontief Sr. belonged to a family of Russian old-believer merchants living in St. Petersburg since 1741. Evgenia (Genya) Becker belonged to a wealthy Jewish family from Odessa. At 15 in 1921, Wassily Jr. entered Petrograd State University in present-day St. Petersburg. He earned his Learned Economist degree (equiv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Georgist
Georgism, in modern times also called Geoism, and known historically as the single tax movement, is an economic ideology holding that people should own the value that they produce themselves, while the economic rent derived from land—including from all natural resources, the commons, and urban locations—should belong equally to all members of society. Developed from the writings of American economist and social reformer Henry George, the Georgist paradigm seeks solutions to social and ecological problems based on principles of land rights and public finance that attempt to integrate economic efficiency with social justice. Georgism is concerned with the distribution of economic rent caused by land ownership, natural monopolies, pollution rights, and control of the commons, including title of ownership for natural resources and other contrived privileges (e.g., intellectual property). Any natural resource that is inherently limited in supply can generate economic rent, bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rational Agent
A rational agent or rational being is a person or entity that always aims to perform optimal actions based on given premises and information. A rational agent can be anything that makes decisions, typically a person, firm, machine, or software. The concept of rational agents can be found in various disciplines such as artificial intelligence, cognitive science, decision theory, economics, ethics, game theory, and the study of practical reason. Economics In reference to economics, rational agent refers to hypothetical consumers and how they make decisions in a free market. This concept is one of the assumptions made in neoclassical economic theory. The concept of economic rationality arises from a tradition of marginal analysis used in neoclassical economics. The idea of a rational agent is important to the philosophy of utilitarianism, as detailed by philosopher Jeremy Bentham's theory of the felicific calculus, also known as the hedonistic calculus. The action a rational ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neoclassical Economics
Neoclassical economics is an approach to economics in which the production, consumption, and valuation (pricing) of goods and services are observed as driven by the supply and demand model. According to this line of thought, the value of a good or service is determined through a hypothetical maximization of utility by income-constrained individuals and of profits by firms facing production costs and employing available information and factors of production. This approach has often been justified by appealing to rational choice theory. Neoclassical economics is the dominant approach to microeconomics and, together with Keynesian economics, formed the neoclassical synthesis which dominated mainstream economics as "neo-Keynesian economics" from the 1950s onward. Classification The term was originally introduced by Thorstein Veblen in his 1900 article "Preconceptions of Economic Science", in which he related marginalists in the tradition of Alfred Marshall ''et al.'' to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cambridge University
The University of Cambridge is a Public university, public collegiate university, collegiate research university in Cambridge, England. Founded in 1209, the University of Cambridge is the List of oldest universities in continuous operation, world's third-oldest university in continuous operation. The university's founding followed the arrival of scholars who left the University of Oxford for Cambridge after a dispute with local townspeople. The two ancient university, ancient English universities, although sometimes described as rivals, share many common features and are often jointly referred to as Oxbridge. In 1231, 22 years after its founding, the university was recognised with a royal charter, granted by Henry III of England, King Henry III. The University of Cambridge includes colleges of the University of Cambridge, 31 semi-autonomous constituent colleges and List of institutions of the University of Cambridge#Schools, Faculties, and Departments, over 150 academic departm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Columbia University
Columbia University in the City of New York, commonly referred to as Columbia University, is a Private university, private Ivy League research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church (Manhattan), Trinity Church in Manhattan, it is the oldest institution of higher education in New York (state), New York and the fifth-First university in the United States, oldest in the United States. Columbia was established as a Colonial colleges, colonial college by royal charter under George II of Great Britain. It was renamed Columbia College (New York), Columbia College in 1784 following the American Revolution, and in 1787 was placed under Trustees of Columbia University in the City of New York, a private board of trustees headed by former students Alexander Hamilton and John Jay. In 1896, the campus was moved to its current location in Morningside Heights and renamed Columbia University. Columbia is organized into twenty schoo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New School
The New School is a private research university in New York City. It was founded in 1919 as The New School for Social Research with an original mission dedicated to academic freedom and intellectual inquiry and a home for progressive thinkers. Since then, the school has grown to house five divisions within the university. These include the Parsons School of Design, the Eugene Lang College of Liberal Arts, the College of Performing Arts (which includes the Mannes School of Music), The New School for Social Research, and the Schools of Public Engagement. In addition, the university maintains the Parsons Paris campus and has also launched or housed a range of institutions, such as the international research institute World Policy Institute, the Vera List Center for Art and Politics, the India China Institute, the Observatory on Latin America, and the Center for New York City Affairs. It is classified among "R2: Doctoral Universities – High research activity". Approximate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economics And Philosophy
''Economics & Philosophy'' is a triannual peer-reviewed academic journal covering different aspects of philosophy and economics. It was established in 1985 and is published by Cambridge University Press. The editors-in-chief are Zvi Safra (Warwick University), Itai Sher (University of Massachusetts), Katie Steele (Australian National University), and Peter Vanderschraaf (University of Arizona). Abstracting and indexing The journal is abstracted and indexed in: *Current Contents/Social and Behavioral Sciences *EconLit *Philosopher's Index *ProQuest databases *Scopus *Social Sciences Citation Index According to the ''Journal Citation Reports'', the journal has a 2021 impact factor of 1.615. See also *List of economics journals *List of philosophy journals This is a list of academic journals pertaining to the field of philosophy. Journals in Catalan * '' Filosofia, ara!'' Journals in Chinese * '' Waiguo Zhexue'' Journals in Czech * '' Filosofický časopis'' * '' Reflexe'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of East Anglia
The University of East Anglia (UEA) is a Public university, public research university in Norwich, England. Established in 1963 on a campus university, campus west of the city centre, the university has four faculties and twenty-six schools of study. It is one of five Biotechnology and Biological Sciences Research Council, BBSRC funded research campuses with forty businesses, four independent research institutes (John Innes Centre, Quadram Institute, Earlham Institute and Sainsbury Laboratory, The Sainsbury Laboratory) and a teaching hospital (Norfolk and Norwich University Hospital) on site. The university is a member of Norwich Research Park, which has one of Europe's largest concentrations of researchers in the fields of agriculture, genomics, health and the Natural environment, environment. UEA is also one of the nation's most-cited research institutions worldwide. The postgraduate UEA Creative Writing Course, Master of Arts in creative writing, founded by Malcolm Bradbury ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
