Description: World Ruled by Number : William Stanley Jevons and the Rise of Mathematical Economics, Paperback by Schabas, Margaret, ISBN 0691605947, ISBN-13 9780691605944, Like New Used, Free shipping in the US
If any single characteristic differentiates current, neoclassical economics from the classical economics of Adam Smith and David Ricardo, it is the use of mathematics. Pointing to the critical role of William Stanley Jevons (1), Margaret Schabas demonstrates that the advent of mathematical economics in late Victorian England resulted more from new currents in logic and the philosophy of science than from problems specific to the classical theory of value and distribution.
Jevonss Principles of Science (1874) was the first book to take issue with John Stuart Mills faith in inductive reasoning, to assimilate George Booles mathematical logic, and to discern many of the limitations that beset scientific inquiry. Together with a renewed appreciation for Benthams utility calculus, these philosophical insights served to convince Jevons and his followers that the economic world is fundamentally quantitative and thus amenable to mathematical analysis.
Originally published in 1990.
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Book Title: World Ruled by Number : William Stanley Jevons and the Rise of Ma
Number of Pages: 206 Pages
Language: English
Publication Name: World Ruled by Number : William Stanley Jevons and the Rise of Mathematical Economics
Publisher: Princeton University Press
Item Height: 0.7 in
Publication Year: 2014
Subject: Economic History, Economics / General, Economics / Theory
Type: Textbook
Item Weight: 1 Oz
Author: Margaret Schabas
Item Length: 9.2 in
Subject Area: Business & Economics
Series: Princeton Legacy Library
Item Width: 6.1 in
Format: Trade Paperback