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Canonizing Economic Theory

How Theories and Ideas are Selected in Economics

By: Christopher D. Mackie

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Canonizing Economic Theory

How Theories and Ideas are Selected in Economics

By: Christopher D. Mackie

Historians of economic thought traditionally summarize, critique, and trace the development of existing theory. History of thought literature provides information about the authors, chronology, and relative importance of influential works. Generally missing from the literature, however, are answers to questions about why economic theory exists in its current form: Why have economists chosen the theories they have to represent the discipline's formal content? What are the criteria that determine the value of a theory, or of research in general; and, how have these criteria changed over time? In this insightful and well-written work, Christopher Mackie analyzes how ideas and theories are accepted in economics, from the pre-publication phase to the point at which, once written, a theory enters the accepted body of professional literature. Drawing from economics, the history of science, and philosophy, Mackie shows how both empirical and non-empirical criteria determine how theory will actually evolve.

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Page Count

212

Publisher

Routledge

Published Date

ISBN 10

1315502321

ISBN 13

9781315502328

Strategies for a BEA Satellite Health Care Account

Summary of a Workshop

By: National Research Council,Division of Behavioral and Social Sciences and Education,Committee on National Statistics

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Strategies for a BEA Satellite Health Care Account

Summary of a Workshop

By: National Research Council,Division of Behavioral and Social Sciences and Education,Committee on National Statistics

In March 2008, the Committee on National Statistics of the National Academies held a workshop to assist the Bureau of Economic Analysis (BEA) with next steps as it develops plans to produce a satellite health care account. This account, designed to improve its measurement of economic activity in the medical care sector, will benefit health care policy. The purpose of the workshop, summarized in this volume, was to elicit expert guidance on strategies to implement the objectives of the BEA program. The ultimate objectives of the program are to: compile medical care spending information by type of disease-a system more directly useful for measuring health care inputs, outputs, and productivity than current estimates of spending by type of provider; produce a comprehensive set of accounts for health care-sector income, expenditure, and product; develop medical care price and real output measures that will help analysts to break out changes in the delivery of health care from changes in the prices of that care; and coordinate BEA and Centers for Medicare and Medicaid Services (CMS) health expenditure statistics.

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Page Count

108

Publisher

National Academies Press

Published Date

ISBN 10

0309127173

ISBN 13

9780309127172