Karl Menger was born in Vienna on January 13, 1902, the only child of two gifted parents. His mother Hermione, nee Andermann (1870-1922), in addition to her musical abilities, wrote and published short stories and novelettes, while his father Carl (1840-1921) was the noted Austrian economist, one of the founders of marginal utility theory. A highly cultured man, and a liberal rationalist in the nine teenth century sense, the elder Menger had witnessed the defeat and humiliation of the old Austrian empire by Bismarck's Prussia, and the subsequent establishment under Prussian leadership of a militaristic, mystically nationalistic, state-capitalist German empire - in effect, the first modern "military-industrial complex. " These events helped frame in him a set of attitudes that he later transmitted to his son, and which included an appreciation of cultural attainments and tolerance and respect for cultural differences, com bined with a deep suspicion of rabid nationalism, particularly the German variety. Also a fascination with structure, whether artistic, scientific, philosophical, or theological, but a rejection of any aura of mysticism or mumbo-jumbo accompanying such structure. Thus the son remarked at least once that the archangels' chant that begins the Prolog im Himmel in Goethe's Faust was perhaps the most viii INTRODUCTION beautiful thing in the German language "but of course it doesn't mean anything.
A dazzling group biography of the early twentieth-century thinkers who transformed the way the world thought about math and science Inspired by Albert Einstein's theory of relativity and Bertrand Russell and David Hilbert's pursuit of the fundamental rules of mathematics, some of the most brilliant minds of the generation came together in post-World War I Vienna to present the latest theories in mathematics, science, and philosophy and to build a strong foundation for scientific investigation. Composed of such luminaries as Kurt Gö and Rudolf Carnap, and stimulated by the works of Ludwig Wittgenstein and Karl Popper, the Vienna Circle left an indelible mark on science. Exact Thinking in Demented Times tells the often outrageous, sometimes tragic, and never boring stories of the men who transformed scientific thought. A revealing work of history, this landmark book pays tribute to those who dared to reinvent knowledge from the ground up.
EPUB and EPDF available Open Access under CC-BY-NC-ND licence. Economic theory relies heavily on the idea of rational action, but how are we to understand the empirical content of rational choice when we can only observe the outcome, not what goes into making the choice? With contributions from Alan Kirman and Rod O'Donnell, Karl Mittermaier's posthumously published work establishes a new conceptual framework that will enable economic theorists to forge new paths of empirical analysis. Introducing readers to the work of a profound thinker who was not recognized in his lifetime, this book, featuring previously unpublished material, is poised to become a seminal text in the philosophy of social sciences.
Some people save and others with similar incomes and wealth do not. Why? Whilst psychology has devoted little attention to the forward looking dimension of human behavior, it contributes theories and techniques for studying the cognitive, motivational, and social factors that affect saving. The book examines the assumption that man is forward looking and desires to provide for the future. It summarizes theories and behavioral research in the area of saving and explores the psychological insights and findings of economists and interprets them in terms of modern psychology. The Psychology of Saving will be welcomed as a major contribution to economic psychology which brings together research and analysis, developing our understanding about rationality, expectations, and consumer behavior.
Realism and the Aim of Science is one of the three volumes of Karl Popper’s Postscript to the Logic of scientific Discovery. The Postscript is the culmination of Popper’s work in the philosophy of physics and a new famous attack on subjectivist approaches to philosophy of science. Realism and the Aim of Science is the first volume of the Postcript. Popper here formulates and explains his non-justificationist theory of knowledge: science aims at true explanatory theories, yet it can never prove, or justify, any theory to be true, not even if is a true theory. Science must continue to question and criticise all its theories, even those that happen to be true. Realism and the Aim of Science presents Popper’s mature statement on scientific knowledge and offers important insights into his thinking on problems of method within science.
In The Magic of Concepts Rebecca E. Karl interrogates "the economic" as concept and practice as it was construed historically in China in the 1930s and again in the 1980s and 1990s. Separated by the Chinese Revolution and Mao's socialist experiments, each era witnessed urgent discussions about how to think about economic concepts derived from capitalism in modern China. Both eras were highly cosmopolitan and each faced its own global crisis in economic and historical philosophy: in the 1930s, capitalism's failures suggested that socialism offered a plausible solution, while the abandonment of socialism five decades later provoked a rethinking of the relationship between history and the economic as social practice. Interweaving a critical historiography of modern China with the work of the Marxist-trained economist Wang Yanan, Karl shows how "magical concepts" based on dehistoricized Eurocentric and capitalist conceptions of historical activity that purport to exist outside lived experiences have erased much of the critical import of China's twentieth-century history. In this volume, Karl retrieves the economic to argue for a more nuanced and critical account of twentieth-century Chinese and global historical practice.
Described by the philosopher A.J. Ayer as a work of 'great originality and power', this book revolutionized contemporary thinking on science and knowledge. Ideas such as the now legendary doctrine of 'falsificationism' electrified the scientific community, influencing even working scientists, as well as post-war philosophy. This astonishing work ranks alongside The Open Society and Its Enemies as one of Popper's most enduring books and contains insights and arguments that demand to be read to this day.
At the age of eight, Karl Popper was puzzling over the idea of infinity and by fifteen was beginning to take a keen interest in his father's well-stocked library of books. Unended Quest recounts these moments and many others in the life of one of the most influential thinkers of the twentieth century, providing an indispensable account of the ideas that influenced him most. As an introduction to Popper's philosophy, Unended Quest also shines. Popper lucidly explains the central ideas in his work, making this book ideal for anyone coming to Popper's life and work for the first time.
Available Open Access under CC-BY-NC-ND Made famous by the Enlightenment thinker Adam Smith, the concept of an ‘invisible hand’ might be taken to imply that a government that governs least governs the best, from the viewpoint of society. Here an invisible hand appears to represent unfettered market forces. Drawing from this much-contested notion, Mittermaier indicates why such a view represents only one side of the story and distinguishes between what he calls pragmatic and dogmatic free marketeers. Published posthumously, with new contributions by Daniel Klein, Rod O’Donnell and Christopher Torr, this book outlines Mittermaier’s main thesis and his relevance for ongoing debates within economics, politics, sociology and philosophy.
First published in English in 1924 this ambitious work, by the famous Marxist theoretician Karl Kautsky, aims to provide nothing less than an "exposition of the methods to introduce socialism" amongst the capitalist economies of Europe in the post-World War One era. Looking back on the experiences of the German socialist movement and looking forwards to the likelihood of a Labour government in Great Britain, he discusses the problems facing a labour revolution in Europe, with particular reference to the role of the middle classes, the transitional period between capitalism and socialism, and the economic impact of a socialist revolution.
K. William Kapp was one of the leading 20 th century institutionalists and a founding member of the Association for Evolutionary Economics. This book was developed by Kapp and is his attempt to present the foundations of institutional economics though has remained unfinished and unpublished during the last 30 years since his death. Carefully edited with additional material from some of Kapp' s other major works and with a full introduction from Sebasitan Berger and Rolf Steppacher, this book represents a major reappraisal of Kapp' s contribution ...
In a letter of 1932, Karl Popper described Die beiden Grundprobleme der Erkenntnistheorie – The Two Fundamental Problems of the Theory of Knowledge – as ‘...a child of crises, above all of ...the crisis of physics.’ Finally available in English, it is a major contribution to the philosophy of science, epistemology and twentieth century philosophy generally. The two fundamental problems of knowledge that lie at the centre of the book are the problem of induction, that although we are able to observe only a limited number of particular events, science nevertheless advances unrestricted universal statements; and the problem of demarcation, which asks for a separating line between empirical science and non-science. Popper seeks to solve these two basic problems with his celebrated theory of falsifiability, arguing that the inferences made in science are not inductive but deductive; science does not start with observations and proceed to generalise them but with problems, which it attacks with bold conjectures. The Two Fundamental Problems of the Theory of Knowledge is essential reading for anyone interested in Karl Popper, in the history and philosophy of science, and in the methods and theories of science itself.
When first published in 1959, this book revolutionized contemporary thinking about science and knowledge. It remains one of the most widely read books about science to come out of the 20th century.
One of the twentieth century's most original mathematicians and thinkers, Karl Menger taught students of many backgrounds. In this, his radical revision of the traditional calculus text, he presents pure and applied calculus in a unified conceptual frame, offering a thorough understanding of theory as well as of the methodology underlying the use of calculus as a tool. The most outstanding feature of this text is the care with which it explains basic ideas, a feature that makes it equally suitable for beginners and experienced readers. The text begins with a "mini-calculus" which brings out the fundamental results without recourse to the notions of limit and continuity. The standard subject matter is then presented as a pure and unambiguous calculus of functions. The issues surrounding the applications of pure calculus to problems in the sciences are faced in a forthright manner by carefully analyzing the meaning of "variable quantity" and clarified by resuscitating Newton's concept of fluents. The accompanying exercises are original, insightful and an integral part of the text. This Dover edition features a new Preface and Guide to Further Reading by Bert Schweizer and Abe Sklar.
Karl Menger was born in Vienna on January 13, 1902, the only child of two gifted parents. His mother Hermione, nee Andermann (1870-1922), in addition to her musical abilities, wrote and published short stories and novelettes, while his father Carl (1840-1921) was the noted Austrian economist, one of the founders of marginal utility theory. A highly cultured man, and a liberal rationalist in the nine teenth century sense, the elder Menger had witnessed the defeat and humiliation of the old Austrian empire by Bismarck's Prussia, and the subsequent establishment under Prussian leadership of a militaristic, mystically nationalistic, state-capitalist German empire - in effect, the first modern "military-industrial complex. " These events helped frame in him a set of attitudes that he later transmitted to his son, and which included an appreciation of cultural attainments and tolerance and respect for cultural differences, com bined with a deep suspicion of rabid nationalism, particularly the German variety. Also a fascination with structure, whether artistic, scientific, philosophical, or theological, but a rejection of any aura of mysticism or mumbo-jumbo accompanying such structure. Thus the son remarked at least once that the archangels' chant that begins the Prolog im Himmel in Goethe's Faust was perhaps the most viii INTRODUCTION beautiful thing in the German language "but of course it doesn't mean anything.
Few figures are more crucial to understanding the upheavals of our contemporary era than Karl Polanyi. In a world riven by social and economic crises, from rising inequality to the decay of democratic institutions and profound technological disruption, Polanyi’s path-breaking account of the dynamics of market capitalism and his defence of society and nature against the dangerous tendencies of the market capitalist system are more relevant than ever. This book brings together Polanyi’s most important articles and essays to give a unique selection of his essential shorter writings, mixing classic texts with significant but previously little-known pieces. It highlights the coherence and richness of Polanyi’s theoretical and political approach, making it indispensable for understanding his overarching intellectual contribution. The volume includes his interwar writings, which deal with the world economic crisis and the socialist alternative to conservative and fascist developments; his reflection on political theory and the international situation after the war; and his comparative studies of economic institutions. Polanyi’s political writings are complemented and supported by the critique of economic determinism and what he termed ‘our obsolete market mentality’. This book is an invaluable companion to Polanyi’s masterpiece, The Great Transformation, and an essential resource for students and scholars of political economy, sociology, history and political philosophy.
This volume contains an annotated reprint of Wittgenstein's "Zeitungsartikel und Vorträge", edited by J. C. Nyíri. The writings are preceded by an extensive introduction by J. C. Nyíri and Brian McGuinness. English summaries and notes have been provided by Barry Smith.
First published in 1867, Capital, or Das Kapital, is the infamous treatise on economics and capitalism by Prussian revolutionary KARL MARX (1818-1883), who changed history with his 1848 book The Communist Manifesto. In this work, edited by Marx's friend, German philosopher FRIEDRICH ENGELS (1820-1895), Marx systematically analyzes the way the capitalist machine functions. In this academic work written for students and serious thinkers, he explores wages, competition, banking, rent, and the natural laws that seem to govern the development of capitalism without any oversight by the society in which it developed. Originally published in three volumes, Capital is here presented in five volumes. Volume III, Part 1 covers: . The Conversion of Surplus-Value into Profit and of the Rate of Surplus-Value into the Rate of Profit . Conversion of Profit into Average Profit . The Law of the Falling Tendency of the Rate of Profit . Transformation of Commodity-Capital and Money-Capital Into Commercial Capital and Financial Capital . Division of Profit Into Interest and Profits of Enterprise
Karl Menger, one of the founders of dimension theory, belongs to the most original mathematicians and thinkers of the twentieth century. He was a member of the Vienna Circle and the founder of its mathematical equivalent, the Viennese Mathematical Colloquium. Both during his early years in Vienna, and after his emigration to the United States, Karl Menger made significant contributions to a wide variety of mathematical fields, and greatly influenced some of his colleagues. The "Selecta Mathematica” contain Menger's major mathematical papers, based on a personal selection by himself out of his extensive writings. They deal with topics as diverse as topology, geometry, analysis and algebra, as well as writings on economics, sociology, logic, philosophy and mathematical results. The two volumes are a monument to the diversity and originality of Menger's ideas.
One of the twentieth century's most original mathematicians and thinkers, Karl Menger taught students of many backgrounds. In this, his radical revision of the traditional calculus text, he presents pure and applied calculus in a unified conceptual frame, offering a thorough understanding of theory as well as of the methodology underlying the use of calculus as a tool. The most outstanding feature of this text is the care with which it explains basic ideas, a feature that makes it equally suitable for beginners and experienced readers. The text begins with a "mini-calculus" which brings out the fundamental results without recourse to the notions of limit and continuity. The standard subject matter is then presented as a pure and unambiguous calculus of functions. The issues surrounding the applications of pure calculus to problems in the sciences are faced in a forthright manner by carefully analyzing the meaning of "variable quantity" and clarified by resuscitating Newton's concept of fluents. The accompanying exercises are original, insightful and an integral part of the text. This Dover edition features a new Preface and Guide to Further Reading by Bert Schweizer and Abe Sklar.
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