... . The Therapeutic Quality of Frank H. Knight's Risk, Uncertainty and Profit. Paper presented at History of Economics Society meeting, University of Richmond, Richmond, Va. Emmett , Ross B. 1997 . Reflections on “Breaking Away”: Economics as Science and the History of Economics as the History of Science...

... . Turin: UTET. Baccini, A. 1995 . Edgeworth sui fondamenti della probabilità e delle decisioni in condizioni di incertezza. Ph.D. diss. , University of Florence. ____. 1997 . Edgeworth on the Fundamentals of Choice under Uncertainty. History of Economic Ideas 2 : 7 -31. ____. 2001...

...E. Roy Weintraub Copyright © 1975 by Duke University Press 1975 Roy Weintraub is Associate Professor of Economics, Duke University. [HOPE Vol. 7 (1975) No. 41 “Uncertainty’’ and the Keynesian Revolution E. Roy Weintraub...

...Mark Stohs Copyright © 1980 by Duke University Press 1980 History of Political Economy 12:3 @ 1980 by Duke University Press ‘Uncertainty’ in Keynes’ General Theory Mark Stohs , University of Nebraska-Lincoln...

...Antonella Rancan This article reconstructs Franco Modigliani’s and Herbert Simon’s close collaboration over the 1950s on implementation of a decision theory under uncertainty that partly contributed to the genesis of behavioral economics and rational expectations theory. Their collaboration reveals...

...John H. Crockett, Jr. History of Political Economy I2:I o 1980 by Duke University Press Irving Fisher on the financial economics of uncertainty John H. Crockett, Jr., University of Houston...

... ‘Uncertainty’ in Keynes’ General theory: a comment C.Alan Garner In a recent article, Stohs discussed the concept of uncertainty in Keynes’ General theory.‘ Keynes, he argued, did not deny that we can calculate the prospective yields of investment projects, but he did assert that we cannot put...

... ‘Uncertainty’ in Keynes’ General theory: a rejoinder Mark Stohs Controversy in the philosophy of the social sciences centers, in large part, around the logical structure of the social sciences. There are two basic approaches. The first, the Cartesian-Euclidian approach, is “the familiar...

... analysis, time, uncertainty, and indivisibility are crucial differentiating factors. These elements distinguish the economics of Menger and Weber from that of Walras, Jevons, and Edgeworth; the last three used the concept of the margin in a different way. Weber rejected the use of mathematics...

... Journals. Journal of Economic Perspectives 15.3 : 183 -98. Heaven Can Wait: Gatekeeping in an Age of Uncertainty, Innovation, and Commercialization Steven G. Medema, José Luís Cardoso, and John Lodewijks The position of journal editor provides a unique vantage point from which to view...

... : 45 –54. Sraffa, P. 1926 . The Laws of Returns under Competitive Conditions. Economic Journal 86 : 535 –50. ———. 1960 . Production of Commodities by Means of Commodities . Cambridge: Cambridge University Press. More Cobwebs? Robert Solow, Uncertainty, and the Theory...

...Ivan Moscati Risk, Choice, and Uncertainty: Three Centuries of Economic Decision-Making . By Szpiro George . New York : Columbia University Press , 2020 . xii; 250 pp. $32.00 . Copyright 2021 by Duke University Press 2021 Book Reviews 367 Risk, Choice, and Uncertainty: Three...

...David Andrews [email protected] Keynes on Uncertainty and Tragic Happiness: Complexity and Expectations . By Anna M. Carabelli . Cham : Palgrave Macmillan , 2021 . vii; 182 pp. $59.99 . Copyright 2023 by Duke University Press 2023 In The General Theory...

...Sylvie Lupton This article highlights the contributions of early economic thought to quality uncertainty. Both Roman law regarding fraud and medieval thinkers (such as Vacarius, Thomas Aquinas, Henry of Ghent, and Astesanus of Asti) scrutinized asymmetric information and shared uncertainty...

...Angus Burgin In 1977 John Kenneth Galbraith hosted the documentary series The Age of Uncertainty on public television; three years later Milton Friedman hosted a competing series, Free to Choose . This essay examines the development of these two projects, examining both the institutions...

...Clément Levallois Today, Alchian's “Uncertainty, Evolution, and Economic Theory” (1950) is hailed by evolutionary economists as a most important piece that resumed an evolutionary brand of theorizing in economics after the eclipse of the interwar period. On the other hand, Alchian's article...

... on mathematization, experimentation, and interdisciplinarity as the proper methodology; his view of uncertainty as the main characteristic of the social environment; and his claim that economists should be “social engineers.” The development of such a vision is studied against the background of Marschak's biography...

... and prospects for future speculative investments in the mines. However, while political economists blamed the financial crisis on the uncertainty generated by the actions of the Bank of England and private banks, the commercial travelers focused on other sources of observational and representational error...

... and uncertainty have been rejected by the mainstream of their fellow economists. Correspondence may be addressed to John H. Wood, Department of Economics, Wake Forest University, 1834 Wake Forest Drive, Winston-Salem, NC 27109; e-mail: [email protected] . I am grateful for comments by J. Daniel Hammond, David...

... individuals to keep idle balances in times of uncertainty: a precautionary motive, the lack of good investment opportunities, and the lack of information. For Say, the demand for money for precautionary motive rose during depressions, indicating that hoarding was a symptom rather than a cause of disturbance...