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A Critical Assessment of Pure Economics
In their path-breaking and highly cited work, Frank et al. (J Econ Perspect 7(2):159–171, 1993), demonstrates that the more economists study, the...
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Great Theoretical Controversies
The chapter deals with some of the major controversies of the period between the end of the war and the mid-Seventies. Firstly, the methodological...
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Economics at Harvard and MIT
The chapter deals with economics in the American Cambridge, at Harvard and MIT, with the rise to prominence of the MIT Department of Economics where...
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Nonlinear Programming Problems
When discussing optimization problems in economics, most cases, whether static or dynamic analysis, are attributed to nonlinear programming theory....
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Application to Economics
Eigenvalues and nonlinear programming, which are the title of this book, are both important tools or analysis in many fields. This chapter describes...
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Stochastic Methods from the Simplest Transaction Dynamics to the Complex Networks
In previous chapters we have seen the advent of a new society, with the growing complexity of the market and technological innovations. We...
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Resource Agent Map** of Healthcare and Pharmaceutical Systems
Healthcare and pharmaceutical markets are composed of multiple interdependent resources and agents who adapt their behaviours in response to one...
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Managerial Dynamic Cognitive Capabilities in a Complex Market Environment
This chapter demonstrates how simulation modelling of complex adaptive systems can enhance managerial dynamic cognitive capabilities. SAFE ARCS...
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Socio-Economic Systems as Complex Adaptive Systems
This chapter provides an introduction to the theoretical lenses and methodological framework applied consistently throughout the practical examples...
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Intergenerational Transformation of Empirical Research in Economics
This chapter outlines the evolution of empirical economicsEmpirical economics across three generations. Initially, the conventional...
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Conclusion
One of the clear findings of this book is the diversity of empirical analysis challenges faced by various fields of economics, as can be seen from...
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Dwight Heald Perkins (1934–)
Dwight Perkins’ illustrious career initially focused on China’s planned economy of the 1950s and 1960s, then broadened, first to incorporate work on...
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Alvin H. Hansen (1887–1975)
Alvin Hansen was the consummate teacher, his intellectual curiosity communicated to students and colleagues alike. He was open to new ideas but...
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Martin Feldstein (1939–2019)
Martin Feldstein was a Harvard economics professor from 1967 to 2019. He was a leading public finance scholar, public servant and chief executive of...
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Edward S. Mason (1899–1992)
Edward S. Mason (1899–1992) was a leading figure in Harvard’s Economics Department from 1923 until 1969, serving also as a US government official and...
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Richard B. Freeman (1943–)
For over five decades, Richard B. Freeman has been one of the world’s most influential, innovative and prolific labour economists. He has made...
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Joseph P. Newhouse (1942–)
Joseph P. Newhouse graduated from Harvard University with both undergraduate and graduate degrees. His primary research field is health economics....
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Harvard’s Contributions to Development Economics
In this chapter on Harvard University’s contributions to development economics, Harvard and the Massachusetts Institute of Technology (MIT) are...
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Economic History and Economic Historians at Harvard
Harvard is one of the foundational institutions in the fields of political economy, economic history, financial history and business history,...
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Richard A. Musgrave (1910–2007)
Richard Musgrave was one of those rare scholars of whom it could be said that he literally “wrote the book” on his field of expertise. Musgrave spent...