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Study in historical perspective of developments in economic policy in the USSR - covers economic structures and economic administration prior to and during the 1st world war, the position during the 50 years of the communist regime, political leadership of the country, the collective economy, industrialization, political problems, economic growth, etc. Bibliography pp. 389 to 391, and statistical tables.
In Consistency, Choice, and Rationality, economic theorists Walter Bossert and Kotaro Suzumura present a thorough mathematical treatment of Suzumura consistency, an alternative to established coherence properties such as transitivity, quasi-transitivity, or acyclicity. Applications in individual and social choice theory, fields important not only to economics but also to philosophy and political science, are discussed. Specifically, the authors explore topics such as rational choice and revealed preference theory, and collective decision making in an atemporal framework as well as in an intergenerational setting.
This short book introduces the field of bounded rationality to a beginning readership in economics. It is intended to be a tour of the key concepts involved in the modelling of bounded rationality, the approaches that have been adopted and some of the most revealing, and at times surprising, findings that have been generated. The book explores how bounded rationality has been used in economic models to shed light on real life behaviour and how doing so has led to specific policy implications that would otherwise have gone unappreciated. The exposition is intended to be non-technical and free from any mathematical expressions and workings and the focus throughout is primarily on the behaviour of individuals or organisations within given situations rather than on macroeconomic concerns. How the field has evolved since the 1950s and the strengths and weaknesses of its current research programme, including its relationship with behavioural economics, are assessed.
In the United States at the height of the Cold War, roughly between the end of World War II and the early 1980s, a new project of redefining rationality commanded the attention of sharp minds, powerful politicians, wealthy foundations, and top military brass. Its home was the human sciences—psychology, sociology, political science, and economics, among others—and its participants enlisted in an intellectual campaign to figure out what rationality should mean and how it could be deployed. How Reason Almost Lost Its Mind brings to life the people—Herbert Simon, Oskar Morgenstern, Herman Kahn, Anatol Rapoport, Thomas Schelling, and many others—and places, including the RAND Corporation, the Center for Advanced Study in the Behavioral Sciences, the Cowles Commission for Research and Economics, and the Council on Foreign Relations, that played a key role in putting forth a “Cold War rationality.” Decision makers harnessed this picture of rationality—optimizing, formal, algorithmic, and mechanical—in their quest to understand phenomena as diverse as economic transactions, biological evolution, political elections, international relations, and military strategy. The authors chronicle and illuminate what it meant to be rational in the age of nuclear brinkmanship.
This book examines the history of the relationship between these two centuries during the past twenty years and attempts to dispel the misconception that the Soviet Union has enjoyed undue influence over Iraq.
Despite the restrictions on their work and actions, the economists of the Soviet period produced a great deal of bold and important work. With the erosion of the old Stalinist controls, economists in the Soviet Union themselves became very interested in the history of their profession, not least in order to find authentic voices that might offer reinforcement or counterpoint to the policy analyses and recommendations with which policy makers in the transition countries are today being bombarded. This major new reference work pulls together many years of research in order to present a bio-bibliographic dictionary of Russian and Soviet economists, many of whom have previously had no coherent record compiled of their careers, achievements and wider significance. Through exploring this rich tradition of economic thought, we can go some way in understanding the role of economists in the functioning of the Soviet system, as well as bringing previously forgotten work to light, raising new questions, and providing a memorial to those who suffered as a result of the system. This hugely detailed and important new volume takes into account all the nuances of the story of Russian and Soviet economic thought, such as regional issues, the reform and transition to a market economy, and the economic output of non-economists. Featuring nearly 500 entries, and including a detailed contextual introduction, this landmark volume will be a vitally important reference work for all those with an interest in the history of economic thought, the history of economics and Russian and Soviet history more generally.
First Published in 2017. Routledge is an imprint of Taylor & Francis, an Informa company.