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Limits of Economic and Social Knowledge
Beschreibung:
The book aims to show that the deterministic vision embodied in conventional economic modelling is neither consistent with nor supported by the state of the art in mathematics, logic, and physical science. DeCanio recognizes that economic agents are intrinsically free and somewhat unpredictable, which is essential for economic and social theory.
1. Introduction and Overview 2. Consequences of computational limits 3. Simulating Simple Societies 4. Economics and Natural Science 5. Economics, Behaviorism, and Utilitarianism 6. A Case Study and Cautionary Tale: Climate Policy 7. Politics and Governance 8. The Gift of Freedom
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