scholarly journals Ferdinando Galiani’s Newtonian Social Mathematics

2021 ◽  
Author(s):  
Rosario Patalano
Keyword(s):  
Social Science ◽  
Economic Science ◽  
Scientific Program ◽  
Analytical Basis ◽  
Marquis De Condorcet

The evolution of Ferdinando Galiani’s thought toward social mathematic has been neglected by scholars, and his attempt to establish political arguments on the analytical basis remains unexplored. The non-systematic nature of Galiani’s intuitions, due to his laziness, largely justifies this underestimation of his scientific program. This paper intends to show that the mature abbé Galiani follows an intellectual itinerary autonomous and parallel to that followed by Marquis de Condorcet in the same years. The anti-Physiocratique querelle represents Galiani’s methodological maturation. In contrast with Physiocratic economic doctrine, based on the primacy of deductive methodology, Galiani claims for economic science the realism of circumstance against aprioristic axiomatic hypotheses and rationalist generalizations. Galiani’s project, substantially similar to Marquis de Condorcet’s approach to social science, can be defined as Newtonian social mathematics opposed to Physiocratic Cartesian social mathematics.

scholarly journals FERDINANDO GALIANI’S NEWTONIAN SOCIAL MATHEMATICS

2020 ◽  
Vol 42 (3) ◽  
pp. 357-383
Author(s):  
Rosario Patalano
Keyword(s):  
Social Science ◽  
Economic Science ◽  
Scientific Program ◽  
Analytical Basis ◽  
Marquis De Condorcet

The evolution of Ferdinando Galiani’s thought toward social mathematic has been neglected by scholars, and his attempt to establish political arguments on the analytical basis remains unexplored. The non-systematic nature of Galiani’s intuitions, due to his laziness, largely justifies this underestimation of his scientific program. This paper intends to show that the mature abbé Galiani follows an intellectual itinerary autonomous and parallel to that followed by Marquis de Condorcet in the same years. The anti-Physiocratique querelle represents Galiani’s methodological maturation. In contrast with Physiocratic economic doctrine, based on the primacy of deductive methodology, Galiani claims for economic science the realism of circumstance against aprioristic axiomatic hypotheses and rationalist generalizations. Galiani’s project, substantially similar to Marquis de Condorcet’s approach to social science, can be defined as Newtonian social mathematics opposed to Physiocratic Cartesian social mathematics.

scholarly journals LA FORMALIZZAZIONE MATEMATICA NELLE TEORIE ECONOMICHE: PROBLEMI E PROSPETTIVE

2013 ◽  
pp. 73-89
Author(s):  
Giovanni Marseguerra
Keyword(s):  
Economic Theory ◽  
Social Science ◽  
Quantitative Approach ◽  
Peculiar Feature ◽  
Economic Science ◽  
Real Economy ◽  
The Real ◽  
Mathematical Formalization ◽  
Development Of Economic Theory

Riassunto. – All’interno della comunità degli economisti sembra essere oggi presente un crescente disagio e un diffuso malcontento relativamente alle capacità della modellistica neoclassica di comprendere e spiegare i fenomeni economici. La relazione intende esaminare criticamente il contributo della formalizzazione matematica nelle teorie economiche, mettendo in evidenza sia punti di forza di un tale approccio sia le debolezze insite in un’analisi che rischia spesso di privilegiare la bellezza dello strumento rispetto all’oggetto di studio. Si considerano poi alcune delle moderne prospettive per l’indagine economica offerte dalla modellistica basata sulla simulazione a computer che consente di tener conto della complessità della realtà in misura maggiore di un approccio puramente analitico. Viene infine evidenziata l’importanza di garantire la coesistenza di una pluralità di scuole di pensiero in economia e si esaminano altresì le difficoltà per la valutazione della ricerca provocate dall’esistenza di un paradigma dominante. Nelle conclusioni viene enfatizzata la necessità di considerare l’economia come una vera scienza sociale.***Abstract. – There is today a widespread discontent within the international economists’ community as far as the capacity of the dominant neoclassical paradigm both to enhance our knowledge of economic phenomena and increase our capacity of governing the real economy. Somehow surprisingly, the lack of explicative relevance of the theory went almost hand in hand with the massive use of mathematics to formalize the theory. In order to investigate this peculiar feature of the evolution of economic science, this paper examines the contribution of mathematical formalization to the development of economic theory in the last sixty years pointing out both weaknesses as well as merits of a quantitative approach to economics. Finally, the need to consider economics as a truly social science si strongly emphasized.

scholarly journals Nature and Methodology of Islamic Economics: An Appraisal

1992 ◽  
Vol 31 (4II) ◽  
pp. 1065-1075 ◽  
Author(s):  
Ziaul Haque
Keyword(s):  
Social Science ◽  
Political Process ◽  
The Political ◽  
Economic Science ◽  
General Science ◽  
Moral Ideals ◽  
The Social ◽  
Islamic Religion ◽  
Value Judgements ◽  
Ethical Norms

Islamic economics emerged as a discipline separate from the general science of economics in the wake of the political process of Islamisation of the Pakistani society and economy during 1977-88. In formulating its fundamental principles, Islamic economics seeks to fuse Islamic religion with economic science; that is, it tries to combine the study of economic phenomenon of ordinary business of life with religious beliefs, ethical norms, moral ideals, rules and laws, thus putatively believing that the social science of economics is a secular discipline which does not concern itself with value judgements, and that Islamic economics is a plausible alternative to modern economics since it is based on the values, norms and principles of Islam. [Ahmed (1981), p. xiv; Chapra (1985), pp.19-29).]

scholarly journals The concept of equilibrium in economics

2021 ◽  
pp. 387-396
Author(s):  
Nikola Njegovan
Keyword(s):  
Social Science ◽  
Economic Analysis ◽  
Equilibrium State ◽  
Learning Process ◽  
Economic Science ◽  
Equilibrium Models ◽  
Equilibrium Dynamics ◽  
Equilibrium Approach ◽  
Almost All ◽  
The Voice

Equilibrium models play a central role in modern (micro)economic analysis. They form the basis of almost all our understanding in economics and are increasingly being used in other fields of social science. Yet there are numerous limitations to the equilibrium approach. To name a few: the treatment of time, i.e., the problem of distinguishing between ?time in models? and ?models in time?; learning process, i.e., the problem of knowledge necessary to attain the equilibrium; equilibrium dynamics, i.e. considering the equilibrium attainment process and not just the equilibrium state. Many critics already drew attention to the reach and limitations of the ?engineering approach? in economic science. It seems that the ?voice of reason? has never been loud enough. This paper presents a review of the above-mentioned problems.

scholarly journals Interview with Robert A. Mundell

2006 ◽  
Vol 20 (4) ◽  
pp. 89-110 ◽  
Author(s):  
Howard R Vane ◽  
Chris Mulhearn
Keyword(s):  
New York ◽  
New York City ◽  
Exchange Rate ◽  
Fiscal Policy ◽  
Social Science ◽  
Economic Science ◽  
Columbia University ◽  
University Professor ◽  
Monetary And Fiscal Policy ◽  
Optimum Currency

Robert A. Mundell has been Professor of Economics at Columbia University in New York City, New York, since 1974 and University Professor since 2001. In 1999, he was awarded the Nobel Memorial Prize in Economic Science “for his analysis of monetary and fiscal policy under different exchange rate regimes and his analysis of optimum currency areas.” We interviewed Professor Mundell at his hotel in Boston, Massachusetts, on January 7, 2006, while attending the annual meeting of the Allied Social Science Associations.

scholarly journals Economía como ciencia social, una discusión sobre la metodología del equilibrio general después de la crisis financiera de 2008 / Economics as a Social Science, a Discussion about Methodology of General Equilibrium after Financial Crisis of 2008

2017 ◽  
Vol 6 (1) ◽  
Author(s):  
Isabel Rodríguez Peña
Keyword(s):  
Financial Crisis ◽  
Social Science ◽  
General Equilibrium ◽  
Economic Model ◽  
Economic Science ◽  
Economic Issue ◽  
Financial Crisis Of 2008 ◽  
Modelo Económico ◽  
Ontological Problem

ABSTRACT One repercussion, of financial crisis in 2008 was the debate about the explanatory capacity of orthodox economic model. In this context, the aim of this paper is to contribute to the discussion of the explanatory capacity of orthodox economic model. The focus is the emergence of economics as a science into an axiomatic model and the relevance of it to address the economic issue. The implications of this framework are the inability to respond effectively to the imbalances. The discussion is focused an ontological problem in economics, on what should be subject of analysis by the economic science. RESUMENUna de las repercusiones, entre tantas otras, de la crisis financiera de 2008 fue que se re-abrió la vieja discusión sobre la capacidad explicativa del modelo económico predominante. La discusión se enfocó en por qué no se pudo prever la crisis y, un par de años después, cuáles podrían ser las medidas para salir de ella.  Sin embargo, a pesar de la aplicación de varios planes contra-ciclicos y de las discusiones teóricas que se iniciaron no surgieron respuestas ni alternativas claras.

scholarly journals Interview with Edmund S. Phelps

2009 ◽  
Vol 23 (3) ◽  
pp. 109-124 ◽  
Author(s):  
Howard R Vane ◽  
Chris Mulhearn
Keyword(s):  
New York ◽  
Political Economy ◽  
New York City ◽  
Social Science ◽  
Annual Meeting ◽  
San Francisco ◽  
York City ◽  
Macroeconomic Policy ◽  
Economic Science ◽  
Columbia University

Edmund S. Phelps has been McVickar Professor of Political Economy at Columbia University in New York City, New York, since 1982 and director of the Center on Capitalism and Society at Columbia University's Earth Institute since 2001. In 2006, he was awarded the Nobel Memorial Prize in Economic Science “for his analysis of intertemporal tradeoffs in macroeconomic policy.” We interviewed Professor Phelps at his hotel in San Francisco, on January 3, 2009, while attending the annual meeting of the Allied Social Science Associations.

Integrating Social Science into Managing Herbicide-Resistant Weeds and Associated Environmental Impacts

Weed Science ◽  
2014 ◽  
Vol 62 (2) ◽  
pp. 403-414 ◽  
Author(s):  
David Ervin ◽  
Ray Jussaume
Keyword(s):  
Social Change ◽  
Social Science ◽  
Weed Control ◽  
Herbicide Resistance ◽  
Technical Assistance ◽  
Herbicide Tolerance ◽  
Human Interaction ◽  
Management Approach ◽  
Economic Science ◽  
Short Run

Controlling herbicide resistance (HR) and its associated environmental risks is impossible without integrating social and economic science with biophysical and technology aspects. Herbicide resistance is a dynamically complex and ill-structured problem involving coupled natural–human systems that defy management approaches based on simple scientific and technology applications. The existence of mobile herbicide resistance and/or herbicide tolerance traits add complexity because susceptibility to the herbicide is a resource open to all farmers, impacting the weed population. Weed scientists have extensively researched the biophysical aspects and grower perceptions of HR. They also recognize that the “tragedy of the commons” can appear when herbicide resistance is mobile across farms. However, the human structures and processes, especially private and public institutions that influence individual and group decisions about HR, have received little analysis. To start filling that gap, we discuss an integrative management approach to sustainable weed control that addresses the social complexity of farm heterogeneity. For example, the need for a private or public collective mechanism becomes apparent to address common-pool resource (CPR) aspects when one farmer's weed control actions influence their neighbors' situations. In such conditions, sole reliance on education, technical assistance, and other incentives aimed at changing individual grower behavior likely will fail to stem the advance of HR. Social science theories can be used to enrich the understanding of human interaction with the biophysical environment and identify key actors and social change processes influencing those interactions in the case of HR. The short-run economic advantages of herbicides such as glyphosate work against social change to address HR, including the development of collective actions when mobile HR conditions exist. We discuss seven design principles that can improve the efficacy and cost of such collective approaches and draw insights from CPR approaches outside of HR.

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