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Social and Behavioral Sciences Commons™
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Articles 1 - 4 of 4
Full-Text Articles in Social and Behavioral Sciences
How Useful Are Forecasts Of Corporate Profits, Dean D. Croushore
How Useful Are Forecasts Of Corporate Profits, Dean D. Croushore
Economics Faculty Publications
If forecasters predict higher earnings for corporations, the stock market will rise. Stock prices will drop with a forecast of lower earnings. But are such forecasts on the money? Dean Croushore uses data from the Survey of Professional Forecasters to check the accuracy of forecasts of corporate profits. The results show that, despite the volatility of corporate profits, the forecasts are rational.
(Review) The Myth Of Adam Smith, Spencer J. Pack
(Review) The Myth Of Adam Smith, Spencer J. Pack
Economics Faculty Publications
The Myth of Adam Smith, By Salim Rashid. Cheltenham, UK: Edward Elgar, 1998. Pp. X, 227. $80.00
Will The Real Adam Smith Please Stand Up?: Teaching Social Economics In The Principles Course, Jonathan B. Wight
Will The Real Adam Smith Please Stand Up?: Teaching Social Economics In The Principles Course, Jonathan B. Wight
Economics Faculty Publications
Part of the difficulty of introducing social economics into the principles course is the perception that social economics is anathema to mainstream economics. As noted by Warren Samuels, however, "neoclassical economics is already a form of social economics" despite its "pretensions of methodological individualism and value-neutrality". Heilbroner also makes the case that the " ... the preponderance of great economists were aware of economics as explanation systems of particular socio-economic formations." Like it or not, economists err in omitting from their models what McCloskey calls "S" variables--variables representing the "social embeddedness" of values which direct human choices.
Courts As Casinos? An Empirical Investigation Of Randomness And Efficiency In Civil Litigation, Evan W. Osborne
Courts As Casinos? An Empirical Investigation Of Randomness And Efficiency In Civil Litigation, Evan W. Osborne
Economics Faculty Publications
No abstract provided.