36 research outputs found
Against rigid rules: Keynes's economic theory
This paper provides textual evidence of Keynes's position on monetary policy and shaping international monetary relations. One result of my contribution is that the famous dichotomy rules versus discretion is of no relevance to his economic theory, because he used the term rules not in the meaning of a formal brilliantly designed notion.He definitely made a distinction between non-rigidly-fixed-rules and discretion. I give an explanation why his economic theory is not compatible with principles of constructivism, empiricism and ontological realism by referring to a key term of his economic writings, i.e., discretionary decision. --History of economic thought since 1925,Methodology,Central Banking,Inernational monetary arrangements and instititions
Against Rigid Rules - Keynes's Economic Theory
This paper provides textual evidence of Keynes�s position on monetary policy and shaping international monetary relations. One result of my contribution is that the famous dichotomy 'rules versus discretion' is of no relevance to his economic theory, because he used the term 'rules' not in the meaning of a formal brilliantly designed notion. He definitely made a distinction between non-rigidly-fixed-rules and discretion. I give an explanation why his economic theory is not compatible with principles of constructivism, empiricism and ontological realism by referring to a key term of his economic writings, i.e., discretionary decision.Key words: History of Economic Thought since 1925, Methodology, Central Banking, International Monetary Arrangements and Institutions
Anregungen fĂĽr die deutschsprachige Diskussion
This paper provides textual evidence of Keynes’s writing and composing on
issues which are linked to philosophy, moral science and economics. As a
philosopher Keynes was concerned with contemporary discussion on knowledge,
probability, judgment and methods of reasoning. He participated in the
Bloomsbury Group. He developed a distinct view on ethics, egoism, individual
and conventional judgment, animal spirits and responsibility. He denied that
expectations can be reduced to mathematical calculation. He developed ways to
theorize about uncertainty, confidence and the future. The project Keynes as a
philosopher is of great importance in English-and French-speaking discourses.
Unfortunately it has not been received and recognized in German discourses
Die Rezeption der John Maynard Keynes Manuskripte von 1904 bis 1911. Anregungen fĂĽr die deutschsprachige Diskussion
This paper provides textual evidence of Keynes's writing and composing on issues which are linked to philosophy, moral science and economics. As a philosopher Keynes was concerned with contemporary discussion on knowledge, probability, judgment and methods of reasoning. He participated in the Bloomsbury Group. He developed a distinct view on ethics, egoism, individual and conventional judgment, animal spirits and responsibility. He denied that expectations can be reduced to mathematical calculation. He developed ways to theorize about uncertainty, confidence and the future. The project Keynes as a philosopher is of great importance in English-and French-speaking discourses. Unfortunately it has not been received and recognized in German discourses
Metaphern, Begriffe und Bedeutungen – das Beispiel internationale monetäre Institutionen
Das Ziel des Forschungsvorhabens besteht zum einen darin, die
Bedeutungskonstitution zu untersuchen. Zum anderen soll gezeigt werden, dass
nationale und internationale monetäre Institutionen in ihren
Kommunikationsformen nicht einem linear-kausalen Kommunikationsmodell folgen.
Der neue methodische Ansatz versteht sich komplementär zu den formal
analytischen Begriffskonstruktionen. Ă–konomie als Erfahrungswissenschaft
bedarf eines vielfältigen Methodenrepertoires. Die Unabdingbarkeit der
Methodenvielfalt resultiert aus dem Mandat der Preisstabilität der
Zentralbanken, das sie im Kontext von Unsicherheit ĂĽber die Steuerung der
Erwartungen der Finanzmarktakteure zu erfĂĽllen versuchen. Die
Erwartungssteuerung gelingt nicht als lineare Projektion gegebener Erwartungen
oder Bedeutungen. Sie gelingt ĂĽber die Sprachvermitteltheit, die Verwendung
von Metaphern und Begriffen in ökonomischen Interaktionen. Bedeutungen sind
nicht ex ante gegeben. Der innovative Ansatz soll anhand der Entwicklung der
Amerikanischen und Europäischen Zentralbank sowie der Bank für Internationalen
Zahlungsausgleich weiterentwickelt und ĂĽberprĂĽft werden. Das Projekt verbindet
den Forschungsstand zu monetären Institutionen mit der Wissenschaftstheorie
und Analytischen Philosophie
Against rigid rules - Keynes's economic theory
This paper provides textual evidence of Keynes's position on monetary policy
and shaping international monetary relations. One result of my contribution is
that the famous dichotomy "rules versus discretion" is of no relevance to his
economic theory, because he used the term "rules" not in the meaning of a
formal brilliantly designed notion.He definitely made a distinction between
non-rigidly-fixed-rules and discretion. I give an explanation why his economic
theory is not compatible with principles of constructivism, empiricism and
ontological realism by referring to a key term of his economic writings, i.e.,
discretionary decision