Economics Dictionary of ArgumentsHome
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| Systems, philosophy of science: systems are compilations of rules for the formation of statements on a previously defined subject domain. Apart from the - usually recursive - rules for the combination of expressions or signs, the specification of the vocabulary or sign set of the system is also required. See also axioms, axiom systems, theories, strength of theories, expressiveness, rules, order, recursion, models, structure, system theory._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Jean-Baptiste Say on Systems - Dictionary of Arguments
Rothbard II 15 Systems/method/Say/Rothbbard: (…), in arguments about public policies, when ‘facts’ are allegedly set against the ‘system’ of economic theory, it is actually one theoretical ‘system’ poised against another, and, again, only theoretical refutation can prevail. Thus, said Say, if you talk about how free trade between nations is advantageous to all the participants, this is accused of being a ‘system’, to which is opposed worry about deficits in the balance of trade - itself a system, but a fallacious one. Those who assert (as had the physiocrats) that luxury fuels trade whereas thrift is ruinous, are setting forth a ‘system’, and then, in an exact prefiguring of the Keynesian multiplier, ‘some will assert that circulation enriches a state, and that a sum of money, by passing through twenty different hands, is equivalent to twenty times its own value’ - also a system._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
EconSay I Jean-Baptiste Say Traité d’ Economie Politique Paris 1803 Rothbard II Murray N. Rothbard Classical Economics. An Austrian Perspective on the History of Economic Thought. Cheltenham, UK: Edward Elgar Publishing. Cheltenham 1995 Rothbard III Murray N. Rothbard Man, Economy and State with Power and Market. Study Edition Auburn, Alabama 1962, 1970, 2009 Rothbard IV Murray N. Rothbard The Essential von Mises Auburn, Alabama 1988 Rothbard V Murray N. Rothbard Power and Market: Government and the Economy Kansas City 1977 |
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