G.L.S. Shackle
by Jefferson, Michael, Littleboy, Bruce, Earl, Peter
fromGreat thinkers in economics
Because macroeconomics is grounded in microeconomics and uses mathematical models to simplify and illustrate complex processes, learning it can be difficult. Traditional macroeconomic-principles textbooks fail to connect topics and models in a concise, cohesive, and meaningful w…
Learning macroeconomic principles using MAPLE
Economics has been dubbed the "dismal science" since Thomas Carlyle coined the phrase in 1849. The 2008 presidential candidate who said, "Economics is something that I've really never understood," probably sides with this view. So, why is economics so dismal to so many? Is it be…
This volume critically explore and extend Hayek's Nobel Prize-winning work on knowledge and social interconnectedness from the disciplines of law, economics, philosophy, anthropology, political science, and history. Hayek's insights about knowledge become even more important onc…
Few economists can claim the influence - or fame - of F.A. Hayek. Winner of the Nobel Prize, Hayek was one of the most consequential thinkers of the twentieth century, his views on the free market echoed by such major figures as Ronald Reagan and Margaret Thatcher. Yet even amon…
This work addresses economics from the perspective of real men and women - how they assess things, decide and act. It looks at the choices they make, and calls for the assumptions which make up the foundations of economic theory to be consistent with the mechanisms which guide t…
Following the dissolution of the Federal Republic of Central America in 1838, Costa Rica and Honduras were highly underdeveloped politically and economically, while at the same time lacking a strong conservative presence found in the more politically established and economically…
One of the central elements of the contemporary Austrian School, usually taken to begin with the South Royalton conference, has been extension and critical examination of the theory of the market process. One theme of those investigations has been trying to understand the nature…
