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G.L.S. Shackle
This is an intellectual biography of G.L.S. Shackle, economic theorist, philosopher, and historian of economic theory. It explores how Shackle challenged the aims, methods and assumptions of mainstream economics. He stressed macroeconomic instability, and developed a radically subjectivist theory for behavioural economics and business planning.
G.L.S. Shackle
A biography of the 20th-century economist, George Shackle, whose contributions to issues of time, expectations and uncertainty made his reputation. Shackle opposed equilibrium-centred orthodoxy, concentrating on a concept of time-uncertainty which emphasized the degree of potential surprise.
Economics as an Art of Thought
This volume unites scholars from all over the world, and with very different theoretical perspectives. Their chapters probe into typical Shacklean themes of time and money, uncertainty and expectation, and into the roots of G.L.S. Shackle's philosophical and methodological stance.
Business, Time and Thought
Economics is as wholly entangled with time as is history. It is within this framework that Professor Shackle takes a critical look at business decisions and in so doing brings the philosophical problems right into the market place.
Expectation, Enterprise and Profit
G.L.S. Shackle made numerous, pioneering contributions to the study of uncertainty in economic life. This volume studies the production process, where resources must be committed to specific technological purposes long in advance of the ultimate sale of goods to the consumer. The problems of such a system rest on the durability of the instruments it uses, whose huge expense can only be recouped if they can be used for many years. Yet at the time of investment, those years of use are in the future and uncertain. The firm is the essential institutional means of confronting this uncertainty. Expectation, Enterprise and Profit is concerned with the nature and mode of life of the firm as a means of policy formation in the face of uncertainty. Chapters include: The Nature and Matrix of Production, Investment and Expectation, Interdependent Decision-Making and Profit and Equilibrium.
Epistemics and Economics
It is Shackle's view that human conduct is chosen with a view to its consequences. But these are in the future, which cannot be directly known. Expectation will confine itself to what is deemed possible, but this leaves it free to entertain widely diverse and rival hypotheses. How can such skeins of mutually conflicting ideas serve the formation of individual or institutional policy? This is the chief question this book examines.
GLS Shackle (Weight of the Evidence, W
In 1938, GLS Shackle had ...
