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Contemporary Philosophy Of Science And Neoinstitutional Thought, Ann Mari May
Contemporary Philosophy Of Science And Neoinstitutional Thought, Ann Mari May
College of Business: Faculty Publications
Orthodox neoclassical economists as well cannot make sense of economics, but they too can make sense of logic and so they stipulate that economics must be presented in terms of their favorite logical system -logical empiricism-and therein lies one of the fundamental stumbling blocks to progress within the discipline of economics. The neoclassical paradigm that now dominates the profession is purportedly based upon a methodological foundation of logical empiricism, which the neoclassical economists themselves cannot conform to, but which nonetheless has proven to be quite useful in undercutting the legitimacy of those alternative research programs that do not support the …
A Report Card On The Economic Literacy Of U.S. High School Students, William Walstad, John C. Soper
A Report Card On The Economic Literacy Of U.S. High School Students, William Walstad, John C. Soper
College of Business: Faculty Publications
In the 1980's, assessment and critique of American education has taken center stage. A large segment of the public is upset with the educational achievement of precollege students in several content areas. Economics should now be added to the list of failing subjects because the results of our study show a poor performance by many high school students in their knowledge of basic economic concepts.
The study is-based on a large, national sample of students who took the second edition of the Test of Economic Literacy (TEL) (Soper-Walstad, 1987). The TEL is a nationally normed and standardized test of the …
Book Review: Managing Macroeconomic Policy: The Johnson Presidency By James E. Anderson And Jared E. Hazelton, Ann Mari May
Book Review: Managing Macroeconomic Policy: The Johnson Presidency By James E. Anderson And Jared E. Hazelton, Ann Mari May
College of Business: Faculty Publications
The emergence of active countercyclical stabilization policies in the 1960s presented politicians with the problem of formulating economically desirable policies that were politically feasible as well. Economists have traditionally concerned themselves with the technical aspects of stabilization policy, leaving the analysis of actual policy formation to political scientists. James Anderson and Jared Hazelton, in Managing Macroeconomic Policy: The Johnson Presidency, present us with an analysis of macroeconomic policy in the Johnson presidency that bridges this gap by attempting to determine how the "intermixture of economic and political considerations shaped and limited the actions of those involved in the development …