Added by: sohel07 | Karma: 85.43 | Non-Fiction, Economics and Management, Maths | 15 February 2011
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The Essential John Nash
This is a faithful publication of the original John Nash Econometrica articles on game theory, as well as contributions by Harold Kuhn, Sylvia Nasar, and others that review Nash's work and his struggle with schizophrenia. It has a new retrospective introduction by John Nash well worth reading for his insights. In case you have been captivated by "A beautiful mind", and be disposed to know more about the controversial existence of John Nash, pick up this book, that surely will catch your entire attention.
In The Natural Origins of Economics, Margaret Schabas traces the emergence and transformation of economics in the eighteenth and nineteenth centuries from a natural to a social science. Focusing on the works of several prominent economists—David Hume, Adam Smith, Thomas Malthus, David Ricardo, and John Stuart Mill—Schabas examines their conceptual debt to natural science and thus locates the evolution of economic ideas within the history of science. An ambitious study, The Natural Origins of Economics will be of interest to economists, historians, and philosophers alike.
Information and Entropy Econometrics - A Review and Synthesis
Added by: sohel07 | Karma: 85.43 | Economics and Management, Maths | 15 February 2011
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Information and Entropy Econometrics - A Review and Synthesis
Information and Entropy Econometrics - A Review and Synthesis summarizes the basics of information theoretic methods in econometrics and the connecting theme among these methods. The sub-class of methods that treat the observed sample moments as stochastic is discussed in greater details. I Information and Entropy Econometrics - A Review and Synthesis · focuses on inter-connection between information theory, estimation and inference. provides a detailed survey of information theoretic concepts and quantities used within econometrics and then show how these quantities are used within IEE.
Economics is "the study of how society uses its scarce resources" or, more snappily, "the science of choices" that helps people make decisions about how to use such scarce things as land, labour, raw materials, capital, entrepreneurial spirit and time. An understanding of economics can therefore help people in politics and public service, in business and the professions, and even in their private life make decisions that will produce the results they are seeking to achieve. For anyone who wants a better understanding of this far from dismal science, which has such a powerful influence on world affairs, business, and the way we live, this clear and entertaining guide will prove invaluable.
John Mills provides a critical survey of the way economics has developed. He argues that the main goal of economics ought to be to show how to achieve a combination of economic growth, full employment, low inflation, avoidance of extreme poverty, and sustainability. That it has failed to do so is neither inevitable nor accidental. It has failed because of a combination of intellectual error and the effects of social and political pressure, which Mills claims could and should have been avoided.
