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It is Shackle's view that human conduct is chosen with a view to its consequences
Production is a complex system of interdependent activities, necessary to the system as a whole, which itself depends on the continuance of each individual activity that composes it
It is Shackle's view that human conduct is chosen with a view to its consequences
Economics is as wholly entangled with time as is history. It is within this framework that Professor Shackle takes a critical look at business decisions and in so doing brings the philosophical problems right into the market place.
First published in 1952, as the second edition of a 1949 original, this book contains a discussion of the role of expectation in relation to the workings of the economy. It will be of value to anyone with an interest in economic theory and methods of dealing with economic uncertainty.
Professor Shackle's book is written along the lines of a Greek dialogue which presents an extremely condensed version of a mass of accepted economic insights. The author aims questions at the undefended sectors of the economist's fortress, and the result is an introduction to economic theory which it is a pleasure to read.
Economics is very much a part of our lives; yet most of us know little of the meaning of 'inflation' or 'productivity'. In this 1968 book, Professor Shackle bridges the gulf between the economist and the ordinary man. Each chapter presents a situation typifying some aspects of economic theory and comments upon this, explaining relevant technical terms.
In this classic book, first published in 1967, Professor Shackle provides a study, in exact and professional language, of the precise nature, structure, presuppositions, language and inter-relations of the theories formulated between 1926 and 1939, when the post-war notion of a tranquil world was shattered by economic crisis.
Originally published in 1966, this volume contains a collection of Professor Shackle's articles, all concerned in some way to show his approach to economic thought, which was his belief that economics is not pure logic but is part of the endeavour to describe the integral nature of man.
Professor Shackle seeks a single, unified and coherent basis which would serve for all economic theories, particularly in regard to their treatment of time and to the possibility of acquiring the knowledge on which these theories are based. This book will interest economists who want to find coherence in the diversity of economic theory.
Originally published in 1969, Professor Shackle's book examines how a decision is made by exploiting the best present effect, the scope afforded to imagination by what is known and by the gaps in that knowledge. This second edition has a fresh preface, an extra chapter and a number of additions to its bibliography.
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