Economics, Philosophy and Physics

Economics, Philosophy and Physics

by Ching-Yao Hsieh, Meng-Hua Ye
     
 

ISBN-10: 0873327594

ISBN-13: 9780873327596

Pub. Date: 03/31/1992

Publisher: Taylor & Francis

This book traces the relationship between ideas and methodological perspectives in economics to the fields of philosophy and the physical sciences. It is aimed at students of economics who want to learn about the philosophical underpinnings and scientific foundations of contemporary economic theory. The authors show how advances in scientific knowledge have had an

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Overview

This book traces the relationship between ideas and methodological perspectives in economics to the fields of philosophy and the physical sciences. It is aimed at students of economics who want to learn about the philosophical underpinnings and scientific foundations of contemporary economic theory. The authors show how advances in scientific knowledge have had an impact on philosophy that in turn influenced the development of economic thought.

Product Details

ISBN-13:
9780873327596
Publisher:
Taylor & Francis
Publication date:
03/31/1992
Pages:
208
Product dimensions:
5.80(w) x 9.00(h) x 0.80(d)

Table of Contents

List of Figures
Acknowledgments
Introduction
The Classical Greek World View
Philosophy
Science
Economics
The World View of Saint Thomas Aquinas
St. Thomas's Philosophy
The Scholastic Approach to Science
St. Thomas's Economics
The Disintegration of the Medieval World View
Ch. 1Newtonian Physics, Philosophy, and Economics3
Newton's Grand Synthesis6
Newton's Influence on the Enlightenment10
The Newtonian Heritage of Contemporary Economics14
Reductionism14
Linearity17
Deterministic Prediction and Newtonian Absolute Time27
Ch. 2The Romantic Protest against the Newtonian Mechanistic World View41
Romanticism and Philosophy42
Romanticism and Science44
Romanticism and Economics47
Ch. 3Thermodynamics and the Newtonian World View55
The Second Law of Thermodynamics55
Thermodynamics and Economics58
Thermodynamics and Philosophy60
Ch. 4Relativity, Philosophy, and Economics67
Einstein's Special Theory of Relativity (1905)70
The General Theory of Relativity (1915)76
Philosophical Consequences of Relativity Theory77
Relativity and Economics80
Ch. 5Quantum Mechanics, Philosophy, and Economics85
Main Features of Quantum Mechanics87
The Inherent Wholeness of Atomic Process88
The Copenhagen Interpretation of Quantum Mechanics92
The Post-Copenhagen-Interpretation Synthesis96
Quantum Mechanics and Economics103
Quantum Mechanics and Philosophy104
Ch. 6Chaos Theory, Philosophy, and Economics113
From Laplacian Determinism to Fundamental Uncertainty114
Fractals, and Fractals and Chaos119
Chaos and Philosophy124
Chaos and Economics129
Ch. 7The Revolutions in Physics and the Future of Economics133
Bibliography155
Index162

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