Transforming Economics: Theodore W. Schultz, 1902 ± 1998 In Memoriam  

Oleh:

Nerlove, Marc

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 109 no. 459 (Nov. 1999), page 726-748.
Topik: transforming; economics; economic; theodore W schultz
Fulltext: 726.pdf (248.57KB)

Isi artikel

Well-reasoned doubts are good for economics. Neither theory, nor data, nor mathematics can fully resolve them. . . .Economic behavior is more complex than our thoughts about it; our thoughts, however, are more comprehensive than standard theory; and standard theory is more comprehensive than mathematical economics. Each of these has its advantages. What is known from all of them is nevertheless subject to doubts. Economics would be better if we would substitute reasoned doubts for our parochial economic doctrines.

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