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020 _a9781784411015 (electronic bk.) :
_c£72.95 ; È97.95 ; $124.95
040 _aUtOrBLW
050 4 _aHB171
_b.E58 2014
072 7 _aKCP
_2bicssc
072 7 _aPOL024000
_2bisacsh
080 _a330
082 0 4 _a330
_223
245 0 0 _aEntangled political economy
_h[electronic resource] /
_cedited by Roger Koppl, Steven Horwitz.
260 _aBingley, U.K. :
_bEmerald,
_c2014.
300 _a1 online resource (viii, 282 p.)
490 1 _aAdvances in Austrian economics,
_x1529-2134 ;
_vv. 18
505 0 _aIntroduction to "Entangled political economy" / Roger Koppl -- Entangled political economy : a keynote address / Richard E. Wagner -- Adam Smith and entangled political economy / Maria Pia Paganelli -- Carl Menger on states as orders, not organizations : entangled economy into a neo-Mengerian approach / Giandomenica Becchio -- Natural selection versus emergent self-organization in evolutionary political economy / J. Barkley Rosser, Jr. -- Public policy : object of choice or emergent phenomena? Learning from the implementation of the Medical Reimbursement Act in Poland / Marta Podemska-Mikluch -- Dodd-Frank, fiduciary duties, and the entangled political economy of federalism and agency rule-making / Moin A. Yahya -- Has Fritz Machlup stood the test of time? Revisiting his monetary analysis of the stock market / George Bragues -- Synthesizing state and spontaneous order theories of money / Alexander W. Salter, William J. Luther -- Game mining : how to make money from those about to play a game / James W. Bono, David H. Wolpert -- A new algorithmic approach to entangled political economy : insights from the simplest models of complexity / Philip Z. Maymin -- On an extension of Rice's Theorem and its applications in mathematical economics / N.C.A da Costa, Francisco A. Doria -- On ethical and intellectual failures in contemporary economics / Stuart Kauffman.
520 _aThe term the "Entangled political economy" was first coined by economist Richard E. Wagner of George Mason University who challenged the "additive" political economy paradigm with his "entangled political economy," which sees public and private entities as equal and entwined players in exchange relations. This volume examines entangled political economy from several distinct but complementary points of view. The history of entangled political economy is traced to Adam Smith and Carl Menger and its implications are worked out for both theoretical and applied economics. New directions in economic modeling are struck. Finally, entanglement is found to imply complexity, which leads not only to somewhat non-standard mathematical methods in economics, but also principled limits to the explanatory and predictive power of mathematical models in political economy. The volume demonstrates that Wagners notion of entanglement opens new vistas for political economy in all its dimensions.
588 0 _aPrint version record
650 7 _aPolitical Science
_xPublic Policy
_xEconomic Policy.
_2bisacsh
650 7 _aPolitical economy.
_2bicssc
650 0 _aEconomics.
700 1 _aKoppl, Roger,
_d1957-
700 1 _aHorwitz, Steven.
776 1 _z9781784411022
830 0 _aAdvances in Austrian economics ;
_vv. 18.
856 4 0 _uhttps://www.emerald.com/insight/publication/doi/10.1108/S1529-2134201418
999 _c30756
_d30756