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Economic Methodology
Economic methodology is the study of methods, especially the scientific method, in relation to economics, including principles underlying economic reasoning. In contemporary English, 'methodology' may reference theoretical or systematic aspects of a method (or several methods). Philosophy and economics also takes up methodology at the intersection of the two subjects. Scope General methodological issues include similarities and contrasts to the natural sciences and to other social sciences and, in particular, to: * the definition of economics * the scope of economics as defined by its methods * fundamental principles and operational significance of economic theory * methodological individualism versus holism in economics * the role of simplifying assumptions such as rational choice and profit maximizing in explaining or predicting phenomena * descriptive/ positive, prescriptive/normative, and applied uses of theory * the scientific status and expanding domain of econo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scientific Method
The scientific method is an Empirical evidence, empirical method for acquiring knowledge that has been referred to while doing science since at least the 17th century. Historically, it was developed through the centuries from the ancient and medieval world. The scientific method involves careful observation coupled with rigorous skepticism, because Philosophy of science#Observation inseparable from theory, cognitive assumptions can distort the interpretation of the Perception#Process and terminology, observation. Scientific inquiry includes creating a testable hypothesis through inductive reasoning, testing it through experiments and statistical analysis, and adjusting or discarding the hypothesis based on the results. Although procedures vary across Branches of science, fields, the underlying #Process, process is often similar. In more detail: the scientific method involves making conjectures (hypothetical explanations), predicting the logical consequences of hypothesis, then ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edward J
Edward is an English male name. It is derived from the Anglo-Saxon name ''Ēadweard'', composed of the elements '' ēad'' "wealth, fortunate; prosperous" and '' weard'' "guardian, protector”. History The name Edward was very popular in Anglo-Saxon England, but the rule of the Norman and Plantagenet dynasties had effectively ended its use amongst the upper classes. The popularity of the name was revived when Henry III named his firstborn son, the future Edward I, as part of his efforts to promote a cult around Edward the Confessor, for whom Henry had a deep admiration. Variant forms The name has been adopted in the Iberian peninsula since the 15th century, due to Edward, King of Portugal, whose mother was English. The Spanish/Portuguese forms of the name are Eduardo and Duarte. Other variant forms include French Édouard, Italian Edoardo and Odoardo, German, Dutch, Czech and Romanian Eduard and Scandinavian Edvard. Short forms include Ed, Eddy, Eddie, Ted, Teddy a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Improving Decisions About Health, Wealth, And Happiness
Improvement is the process of a thing moving from one state to a state considered to be better, usually by a change or addition that improves. The concept of improvement is important to governments and businesses, as well as to individuals. History of the concept The term "improvement" in general means "gradual, piecemeal, but cumulative betterment", which can refer to both individuals and societies as a whole. The term "improvement" historically referred to land improvement, the process of making wildland more suitable for human uses, particularly the cultivation of crops.Alan Craig Houston, ''Benjamin Franklin and the Politics of Improvement'' (2008), p. 12. Agricultural writers contrasted "improvement" with the traditional custom that governed farming practices at the time. The belief in agricultural "improvement" was the belief that the earth could be made more fruitful. More specifically, it was the belief that "the knowledge of nature would allow the best possible use of r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cass R
Cass may refer to: People and fictional characters * Cass (surname), a list of people * Cass (given name), a list of people and fictional characters * Big Cass, ring name of wrestler William Morrissey * Cass, in British band Skunk Anansie * Cass, British singer, artist name of Brian Cassar * Henri Cassini (1781–1832), French botanist, standard author abbreviation "Cass." * Kevin Cassidy (born 1981), Gaelic footballer often referred to as "Cass" Places United States * Cass, Indiana, an unincorporated community * Cass, Michigan, a ghost town * Cass, West Virginia, a census-designated place ** Cass Scenic Railroad State Park, in West Virginia * Cass County (other) * Bartow County, Georgia, formerly Cass County * Cass Township (other) * Fort Cass, in present-day Tennessee, 19th century US Army fortification New Zealand * Cass, New Zealand, a locality * Cass (painting), a painting by Rita Angus Greenland * Cass Fjord Multiple countries * Cass Lake (d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richard H
Richard is a male given name. It originates, via Old French, from Old Frankish and is a compound of the words descending from Proto-Germanic language">Proto-Germanic ''*rīk-'' 'ruler, leader, king' and ''*hardu-'' 'strong, brave, hardy', and it therefore means 'strong in rule'. Nicknames include " Richie", " Dick", " Dickon", " Dickie", " Rich", " Rick", "Rico (name), Rico", " Ricky", and more. Richard is a common English (the name was introduced into England by the Normans), German and French male name. It's also used in many more languages, particularly Germanic, such as Norwegian, Danish, Swedish, Icelandic, and Dutch, as well as other languages including Irish, Scottish, Welsh and Finnish. Richard is cognate with variants of the name in other European languages, such as the Swedish "Rickard", the Portuguese and Spanish "Ricardo" and the Italian "Riccardo" (see comprehensive variant list below). People named Richard Multiple people with the same name * Richard Ander ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James M
James may refer to: People * James (given name) * James (surname) * James (musician), aka Faruq Mahfuz Anam James, (born 1964), Bollywood musician * James, brother of Jesus * King James (other), various kings named James * Prince James (other) * Saint James (other) Places Canada * James Bay, a large body of water * James, Ontario United Kingdom * James College, a college of the University of York United States * James, Georgia, an unincorporated community * James, Iowa, an unincorporated community * James City, North Carolina * James City County, Virginia ** James City (Virginia Company) ** James City Shire * James City, Pennsylvania * St. James City, Florida Film and television * ''James'' (2005 film), a Bollywood film * ''James'' (2008 film), an Irish short film * ''James'' (2022 film), an Indian Kannada-language film * "James", a television episode of ''Adventure Time'' Music * James (band), a band from Manchester ** ''James'', ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George J
George may refer to: Names * George (given name) * George (surname) People * George (singer), American-Canadian singer George Nozuka, known by the mononym George * George Papagheorghe, also known as Jorge / GEØRGE * George, stage name of Giorgio Moroder * George, son of Andrew I of Hungary Places South Africa * George, South Africa, a city ** George Airport United States * George, Iowa, a city * George, Missouri, a ghost town * George, Washington, a city * George County, Mississippi * George Air Force Base, a former U.S. Air Force base located in California Computing * George (algebraic compiler) also known as 'Laning and Zierler system', an algebraic compiler by Laning and Zierler in 1952 * GEORGE (computer), early computer built by Argonne National Laboratory in 1957 * GEORGE (operating system), a range of operating systems (George 1–4) for the ICT 1900 range of computers in the 1960s * GEORGE (programming language), an autocode system invented by Charles L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Individualism And Economic Order
''Individualism and Economic Order'' is a book written by Friedrich Hayek. It is a collection of essays originally published in the 1930s and 1940s, discussing topics ranging from moral philosophy to the methods of the social sciences and economic theory to contrast free markets with planned economies. It contains several of his major contribution to the fields of economics, philosophy, and political science. Published in 1948, the book is widely considered a classic of libertarian thought. Hayek presents his vision of individualism as a cornerstone of economic and social theory. The book's chapters have had a major impact on both economics and political philosophy. His arguments have been cited by many leading economists, including Nobel laureates like Elinor Ostrom, James M. Buchanan, and Milton Friedman, who have used Hayek's theories to shape their own work in these fields. It has also shaped the thinking of many libertarians who continue to use his concepts when arguing for the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kaushik Basu
Kaushik Basu (born 9 January 1952) is an Indian economist who was Chief Economist of the World Bank from 2012 to 2016 and Chief Economic Adviser to the Government of India from 2009 to 2012. He is the C. Marks Professor of International Studies and Professor of Economics at Cornell University, and academic advisory board member of upcoming Plaksha University. He began a three-year term as President of the International Economic Association in June 2017. From 2009 to 2012, during the United Progressive Alliance's second term, Basu served as the Chief Economic Adviser to the Government of India. Basu is winner of the Humboldt Research Award 2021. Early life and education Kaushik Basu was born in Kolkata, India, where he attended St. Xavier's Collegiate School. In an autobiographical essay he noted that finishing school in 1969 that his father wanted him to study physics, but in revolutionary times he wanted to study nothing. They settled on economics as a compromise. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holism
Holism is the interdisciplinary idea that systems possess properties as wholes apart from the properties of their component parts. Julian Tudor Hart (2010''The Political Economy of Health Care''pp.106, 258 The aphorism "The whole is greater than the sum of its parts", typically attributed to Aristotle, is often given as a summary of this proposal. The concept of holism can inform the methodology for a broad array of scientific fields and lifestyle practices. When applications of holism are said to reveal properties of a whole system beyond those of its parts, these qualities are referred to as emergent properties of that system. Holism in all contexts is often placed in opposition to reductionism, a dominant notion in the philosophy of science that systems containing parts contain no unique properties beyond those parts. Proponents of holism consider the search for emergent properties within systems to be demonstrative of their perspective. Background The term "holism" was coined ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Methodological Individualism
In the social sciences, methodological individualism is a method for explaining social phenomena strictly in terms of the decisions of individuals, each being moved by their own personal motivations. In contrast, explanations of social phenomena which assume that cause and effect acts upon whole classes or groups are deemed illusory, and thus rejected according to this approach. Or to put it another way, only group dynamics which can be explained in terms of individual subjective motivations are considered valid. With its bottom-up micro-level approach, methodological individualism is often contrasted with methodological holism, a top-down macro-level approach, and methodological pluralism. History within the Social Sciences This framework was introduced as a foundational assumption within the social sciences by Max Weber, and discussed in his book '' Economy and Society''. Within later schools of economic thought, such as the Austrian School, strict adherence to methodologic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lawrence A
Lawrence may refer to: Education Colleges and universities * Lawrence Technological University, a university in Southfield, Michigan, United States * Lawrence University, a liberal arts university in Appleton, Wisconsin, United States Preparatory & high schools * Lawrence Academy at Groton, a preparatory school in Groton, Massachusetts, United States * Lawrence College, Ghora Gali, a high school in Pakistan * Lawrence School, Lovedale, a high school in India * The Lawrence School, Sanawar, a high school in India Research laboratories * Lawrence Berkeley National Laboratory, United States * Lawrence Livermore National Laboratory, United States People * Lawrence (given name), including a list of people with the name * Lawrence (surname), including a list of people with the name * Lawrence (band), an American soul-pop group * Lawrence (judge royal) (died after 1180), Hungarian nobleman, Judge royal 1164–1172 * Lawrence (musician), Lawrence Hayward (born 1961), Briti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
