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If any single characteristic differentiates current, neoclassical economics from the classical economics of Adam Smith and David Ricardo, it is the use of mathematics. Pointing to the critical role of William Stanley Jevons (1835-1882), Margaret Schabas demonstrates that the advent of mathematical economics in late Victorian England resulted more from new currents in logic and the philosophy of science than from problems specific to the classical theory of value and distribution.
Jevons's Principles of Science (1874) was the first book to take issue with John Stuart Mill's faith in inductive reasoning, to assimilate George Boole's mathematical logic, and to discern many of the limitations that beset scientific inquiry. Together with a renewed appreciation for Bentham's utility calculus, these philosophical insights served to convince Jevons and his followers that the economic world is fundamentally quantitative and thus amenable to mathematical analysis.
Originally published in 1990.
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Margaret Schabas is professor and head of philosophy at the University of British Columbia. She is the author of "The Natural Origins of Economics" and the co-editor, with Neil de Marchi, of" Economies in the Age of Newton".Review:
"Schabas has argued cogently that Jevons's economic theory was shaped by his views on logic and scientific method, and A World Ruled by Number constitutes a strong demonstration that the investigation of the development of economics gains much from a broadened perspective." (Economics and Philosophy)
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Book Description Princeton University Press, 1990. Hardcover. Condition: BRAND NEW. Seller Inventory # 0691085439_abe_bn
Book Description Princeton Univ Pr, 1990. Hardcover. Condition: New. First. Seller Inventory # DADAX0691085439
Book Description Princeton University Press, Princeton, New Jersey, 1990. Hardcover. Condition: New. Dust Jacket Condition: New. 1st Edition. First edition 1990, first printing, numbers line starts with 1. Hardcover in full cloth with DJ. Condition new, square tight and crisp book, no edgewear, sharp corners, no markings of any kind, no names no underlinings no highlights no bent page corners, Not a reminder. DJ new, bright and shiny, no tears no chips no edgewear, Not clipped. 8vo, 208 pages, bibliography, index. Seller Inventory # 003508
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Book Description Hardcover. Condition: Brand New. New. Seller Inventory # DH29pg1222to1521-37725