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The Nature of Economic Thought G. L. S. Shackle

The Nature of Economic Thought By G. L. S. Shackle

The Nature of Economic Thought by G. L. S. Shackle


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Summary

Originally published in 1966, this volume contains a collection of Professor Shackle's articles, all concerned in some way to show his approach to economic thought, which was his belief that economics is not pure logic but is part of the endeavour to describe the integral nature of man.

The Nature of Economic Thought Summary

The Nature of Economic Thought: Selected Papers 1955-1964 by G. L. S. Shackle

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.

Table of Contents

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.

Additional information

NLS9780521147590
9780521147590
052114759X
The Nature of Economic Thought: Selected Papers 1955-1964 by G. L. S. Shackle
New
Paperback
Cambridge University Press
2010-06-24
338
N/A
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