William Ν Butos
Datos Biográficos
| ID | 4419387 |
|---|---|
| NOMBRE | William Ν Butos |
| NOMBRES | William Ν |
| APELLIDO | Butos |
| FIRMA | BUTOS W Ν |
| AFILIACIONES | Hartford Financial Services (United States) |
| VERIFICADO | No |
| TOTAL DE OBRAS | 6 |
| TOTAL DE CITAS | 22 |
| TOTAL COMO AUTOR | 6 |
| TOTAL COMO EDITOR | 0 |
| PRIMER AÑO DE PUBLICACIÓN | 1993 |
| AÑO MÁS RECIENTE DE PUBLICACIÓN | 2015 |
| ÍNDICE H | 2 |
The Sensory Order, Neuroeconomics, and Austrian Economics
In the social science literature spawned by Friedrich Hayek’s “The Sensory Order,” the questions asked were: (1) In what ways does Hayek’s cognitive theory fit with his social theory and with Austrian economics in general? (2) Do we need “The Sensory Order” at all to do our social science, and how does it make a difference in providing insight toward understanding the social realm? This chapter surveys this literature and, by drawing out the rami…
Carabelli & de Vecchi on Keynes and Hayek
Carabelli & De Vecchi dispute competing interpretations of Keynes and Hayek, including ours. They mistakenly impute to us the view that Keynes was inconsistent. They deny that Keynes had a subjectivist theory of expectations by noting his rationalist philosophy. We agree that Keynes had a rationalist philosophy, but deny that this implies an objectivist theory of economic expectations. We persist in viewing Keynes as a subjectivist regarding expe…
Confidence in Keynes and Hayek
We agree with Burczak's identification of the crucial issues. We disagree with his interpretation of them. We expand our defense of the claim that Keynes was a rationalist. We introduce the "horizon principle" to critize Keynes' dichotomy between short-term and long-term expectations. We question the statistical simile guiding some Post Keynesian dsiscussions of uncertainty. We point to the role of evolution in shaping conventions that fit the ec…
The Varieties of Subjectivism
Research Article| June 01 1997 The Varieties of Subjectivism: Keynes and Hayek on Expectations William N. Butos; William N. Butos 1 Search for other works by this author on: This Site Google Roger G. Koppl Roger G. Koppl 2 Search for other works by this author on: This Site Google History of Political Economy (1997) 29 (2): 327–359. https://doi.org/10.1215/00182702-29-2-327 Cite Icon Cite Share Icon Share Facebook Twitter LinkedIn MailTo Permissi…
Hayekian expectations
The recession and Austrian business cycle theory
How well is Austrian business cycle theory corroborated by empirical evidence? This question is addressed by examining the contraction of 1990–1991 and the expansion leading up to it. An overview of the Austrian theory of the business cycle permits the identification of several empirical propositions implied by the theory. Empirical data for several economic variables are examined for consistency with the patterns suggested by the theory. The evi…
The Varieties of Subjectivism
Research Article| June 01 1997 The Varieties of Subjectivism: Keynes and Hayek on Expectations William N. Butos; William N. Butos 1 Search for other works by this author on: This Site Google Roger G. Koppl Roger G. Koppl 2 Search for other works by this author on: This Site Google History of Political Economy (1997) 29 (2): 327–359. https://doi.org/10.1215/00182702-29-2-327 Cite Icon Cite Share Icon Share Facebook Twitter LinkedIn MailTo Permissi…
Hayekian expectations
The recession and Austrian business cycle theory
How well is Austrian business cycle theory corroborated by empirical evidence? This question is addressed by examining the contraction of 1990–1991 and the expansion leading up to it. An overview of the Austrian theory of the business cycle permits the identification of several empirical propositions implied by the theory. Empirical data for several economic variables are examined for consistency with the patterns suggested by the theory. The evi…
Carabelli & de Vecchi on Keynes and Hayek
Carabelli & De Vecchi dispute competing interpretations of Keynes and Hayek, including ours. They mistakenly impute to us the view that Keynes was inconsistent. They deny that Keynes had a subjectivist theory of expectations by noting his rationalist philosophy. We agree that Keynes had a rationalist philosophy, but deny that this implies an objectivist theory of economic expectations. We persist in viewing Keynes as a subjectivist regarding expe…
Hayekian expectations
The recession and Austrian business cycle theory
How well is Austrian business cycle theory corroborated by empirical evidence? This question is addressed by examining the contraction of 1990–1991 and the expansion leading up to it. An overview of the Austrian theory of the business cycle permits the identification of several empirical propositions implied by the theory. Empirical data for several economic variables are examined for consistency with the patterns suggested by the theory. The evi…
The Varieties of Subjectivism
Research Article| June 01 1997 The Varieties of Subjectivism: Keynes and Hayek on Expectations William N. Butos; William N. Butos 1 Search for other works by this author on: This Site Google Roger G. Koppl Roger G. Koppl 2 Search for other works by this author on: This Site Google History of Political Economy (1997) 29 (2): 327–359. https://doi.org/10.1215/00182702-29-2-327 Cite Icon Cite Share Icon Share Facebook Twitter LinkedIn MailTo Permissi…
Confidence in Keynes and Hayek
We agree with Burczak's identification of the crucial issues. We disagree with his interpretation of them. We expand our defense of the claim that Keynes was a rationalist. We introduce the "horizon principle" to critize Keynes' dichotomy between short-term and long-term expectations. We question the statistical simile guiding some Post Keynesian dsiscussions of uncertainty. We point to the role of evolution in shaping conventions that fit the ec…
Carabelli & de Vecchi on Keynes and Hayek
Carabelli & De Vecchi dispute competing interpretations of Keynes and Hayek, including ours. They mistakenly impute to us the view that Keynes was inconsistent. They deny that Keynes had a subjectivist theory of expectations by noting his rationalist philosophy. We agree that Keynes had a rationalist philosophy, but deny that this implies an objectivist theory of economic expectations. We persist in viewing Keynes as a subjectivist regarding expe…
The Sensory Order, Neuroeconomics, and Austrian Economics
In the social science literature spawned by Friedrich Hayek’s “The Sensory Order,” the questions asked were: (1) In what ways does Hayek’s cognitive theory fit with his social theory and with Austrian economics in general? (2) Do we need “The Sensory Order” at all to do our social science, and how does it make a difference in providing insight toward understanding the social realm? This chapter surveys this literature and, by drawing out the rami…
Economic Theory and Institutions (5 obras) · Economics (5 obras) · Positive economics (5 obras) · Epistemology (4 obras) · Philosophy (4 obras) · Political science (4 obras) · Complex Systems and Time Series Analysis (3 obras) · Law (3 obras) · Law (3 obras) · Neoclassical economics (3 obras)