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This volume contains the correspondence between G.L.S. Shackle and S.F. Frowen from the time Shackle took up his first post-war academic appointment until his death in 1992. The correspondence, partly personal and partly professional, reveals a vital insight into Shackle both as a man and as an outstanding economist. His letters illuminate his thoughts on issues occupying his mind but also show the warmth and tremendous generosity he felt towards his friends. The centenary of Shackle's birth in 2003 seems an appropriate time for the publication of his letters.
This volume contains the correspondence between G.L.S. Shackle and S.F. Frowen from the time Shackle took up his first post-war academic appointment until his death in 1992. The correspondence, partly personal and partly professional, reveals a vital insight into Shackle both as a man and as an outstanding economist.
The turbulent 1980s and 1990s have seen important developments in the area of money and banking; these are discussed in this volume, focusing on the ones that will shape issues in this area as the twenty-first century approaches. The following issues are treated at some greater length: financial innovations; the European Monetary System and international monetary systems; certain issues in monetary policy arising from recent developments in monetary economics such as monetary policy in an interdependent world; liquidity constraints and monetary policy; and monetary problems of developing countries which emanate from attempts to introduce 'financial liberalisation' types of policies in these countries. These different aspects are brought together in a consistent and coherent manner.
This volume provides a critical assessment of the wide spectrum of Hayek's celebrated work as economist and social philosopher. Included are papers on Hayek's early writings in the field of monetary economics, on which his later campaign against inflation, his controversial proposal for competing currencies, and his negative view of the impact of trade unions on the economy are based. Hayek's social philosophy, often regarded as the centre piece of his famous work, and the fundamental findings about human thinking, society, the market system and social rules of conduct it is based on, is evaluated by leading contemporary social philosophers. The volume leaves little doubt as to the considerable impact of Hayek's thinking on economic policy and social philosophy.
This volume, along with its companion volume, Methodology, Microeconomics and Keynes is published in honour of Victoria Chick, inspired by her own contributions to knowledge in all of these areas and their interconnections. It represents both consolidation and the breaking of new ground in Keynesian monetary theory and macroeconomics by leading figures in these fields.
A collection of papers dicussing unknowledge and choice in economics. The topics focus especially on G.L.S.Shackle's theories and his place in subjectivist thought but also include time, choice and dynamics in economics and interest rates and investment decisions.
The dominant approach to evaluating the law on evidence and proof focuses on how the trial system should be structured to guard against error. This book argues instead that complex and intertwining moral and epistemic considerations come into view when departing from the standpoint of a detached observer and taking the perspective of the person responsible for making findings of fact. Ho contends that it is only by exploring the nature and content of deliberative responsibility that the role and purpose of much of the law can be fully understood. In many cases, values other than truth have to be respected, not simply as side-constraints, but as values which are internal to the nature and pur...
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.
This interdisciplinary collection of essays takes a hard look at the gap between increasingly costs expectations of welfare including other social needs and available revenues. It shows that the issue is not a purely economic and certainly not a party-political one, but that it has significant ethical, some call it spiritual, components. From providing initially a broad account of welfare economics it presents contributions from political philosophers and theologians as well as accounts of successful initiatives to indicate the direction for solutions which will correspond to the complex realities of post-modern society.