J Barkley Rosser
Biographic Data
| ID | 712633 |
|---|---|
| NAME | J Barkley Rosser |
| GIVEN NAMES | J Barkley |
| FAMILY NAME | Rosser |
| SIGNATURE | ROSSER J B |
| AFFILIATIONS | James Madison University |
| VERIFIED | No |
| TOTAL WORKS | 17 |
| TOTAL CITATIONS | 26 |
| AUTHOR COUNT | 17 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1954 |
| LATEST PUBLICATION YEAR | 2019 |
| H-INDEX | 3 |
Knowledge We Have Lost in Information: The History of Information in Modern Economics by Philip Mirowski and Edward Nik-Khah
Book Review| April 01 2019 Knowledge We Have Lost in Information: The History of Information in Modern Economics by Philip Mirowski and Edward Nik-Khah Knowledge We Have Lost in Information: The History of Information in Modern Economics. By Mirowski, Philip; Nik-Khah, Edward. New York: Oxford University Press, 2017. 312 pp. $34.95. J. Barkley Rosser, Jr J. Barkley Rosser, Jr James Madison University Search for other works by this author on: This…
The Economist Watcher: Economic Contributions of David Colander
This article gives an appraisal of the work of David Colander. After a brief biographical summary, we look at his work in methodology and the role that institutions and ‘vision’ play in his economic analysis. A crucial part of his work in this area is viewing not only the economy but also the economic profession as an adaptive complex system. This leads us to his major contributions to macroeconomics and economic education. We conclude with an ov…
Complexity and Austrian Economics
There is a deep link between complexity economics and Austrian economics. Ideas of complexity were foundational in the work of Austrian economics from its generally recognized beginnings in the work of Carl Menger to the modern day, with Friedrich Hayek being probably the most important carrier of this theme in the school. Although interest in complexity economics among Austrians has waxed and waned over time, today such ideas are quite influenti…
Special problems of forests as ecologic–economic systems
The Complexity Era in Economics
This article argues that the neoclassical era in economics has ended and is being replaced by a new era. What best characterizes the new era is its acceptance that the economy is complex, and thus that it might be called the complexity era. The complexity era has not arrived through a revolution. Instead, it has evolved out of the many strains of neoclassical work, along with work done by less orthodox mainstream and heterodox economists. It is o…
A Nobel Prize for Asymmetric Information: The economic contributions of George Akerlof, Michael Spence and Joseph Stiglitz
This paper reviews the research related to the asymmetric information of George Akerlof, Michael Spence and Joseph Stiglitz, for which they jointly received the 2001 Nobel Prize in Economics. After recounting their overall careers, the history of the asymmetric information idea is presented and their key papers are discussed. This is followed by an examination of various applications of the concept, including in industrial organization and microe…
Keynesian Comparative Economics: The Iconoclastic Vision of Lynn Turgeon (1920-1999)
The authors of this article review the late E. Lynn Turgeon's contributions to economics, including his studies of the Soviet economy, use of qualitative and demographic analyses, his Keynesian critique of U.S. economic performance, and his critique of international financial markets. Turgeon's comparative approach led to unique insights about the challenges that confronted planned economies, including the differential impact of military spending…
Complex ecologic–economic dynamics and environmental policy
Risk and Austrian business‐cycle theory: Rejoinder to Cowen
Cowen and I agree that rational‐expectations theory is unrealistic and that risk is difficult to quantify. However, we continue to disagree about the riskiness of consumption as opposed to investment. Since more investment might lead to a recession if investment is relatively risky, Cowen's use of rational‐expectations theory to buttress the Austrian school's claim that market economies can shift toward relatively more investment without experien…
Between Vienna and Cambridge: The risky business of new Austrian business‐cycle theory
Tyler Cowen's “New Austrian” theory of business cycles is based on risk analysis and the assumption of rational expectations. This contrasts with the Old Austrian view, which questions the feasibility of measuring economic risk. Despite Cowen's admirable eclecticism, the way he applies risk analysis to business cycles suffers from serious inconsistencies, and his use of rational expectations is mistaken in the face of economic complexity—a phenom…
On the Complexities of Complex Economic Dynamics
Complex economic nonlinear dynamics endogenously do not converge to a point, a limit cycle, or an explosion. Their study developed out of earlier studies of cybernetic, catastrophic, and chaotic systems. Complexity analysis stresses interactions among dispersed agents without a global controller, tangled hierarchies, adaptive learning, evolution, and novelty, and out-of-equilibrium dynamics. Complexity methods include interacting particle systems…
Schumpeterian Evolutionary Dynamics and the Collapse of Soviet-Bloc Socialism
The problem of the collapse of socialism within the former Soviet bloc is examined from the perspective of a Schumpeterian view of technological change and discontinuous evolutionary dynamics. The Schumpeterian mechanism of 'creative destruction' was frustrated in the traditional socialist system with revolutionary technological changes tending not to be adopted. In largely capitalist economies Schumpeter saw these as being adopted in clusters at…
A Comparison of Comparative Economic Anthropologies
Additional informationNotes on contributorsMarina Vcherashnaya Rosser* Department of Economics, James Madison University, Harrisonburg, Virginia 22807. We wish to acknowledge receipt of useful comments and material from Anne Mayhew, Linda Seligmann, and James Stodder
From Catastrophe to Chaos: A General Theory of Economic Discontinuities
Journal Article From Catastrophe to Chaos: A General Theory of Economic Discontinuities Get access From Catastrophe to Chaos: A General Theory of Economic Discontinuities. By J. Barkley Rosser JR. (Dordrecht and London: Kluwer Academic Publishers, 1991. Pp. xi + 402. £41.50 hardback, US $69.95 hardback. ISBN 0 7923 9157 8.) Wulf Gaertner Wulf Gaertner University of Osnabrück Search for other works by this author on: Oxford Academic Google Scholar…
Belief: Its Role in Economic Thought and Action
The important role of belief in economic theorizing, ideology formation, and individual behavior is examined. Its role in the making of unrealistic assumptions in economic theory is considered. The extent to which this derives from ideological predispositions and the relationship of ideology to theology is analyzed. The role of selfilling prophecies is examined as an example of belief driving economic action
The Dynamics of Ghetto Boundary Movement and Ghetto Shape
Many-valued Logics
Book Reviews Many-valued Logics. By J. B. Rogge and A. R. Torquette. (Amsterdam: North Holland Publishing Co.. 1952. Pp. 124). Leonard Goddard Leonard Goddard Search for other works by this author on: Oxford Academic Google Scholar The Philosophical Quarterly, Volume 4, Issue 15, April 1954, Pages 188–189, https://doi.org/10.2307/2216395 Published: 01 April 1954
On the Complexities of Complex Economic Dynamics
Complex economic nonlinear dynamics endogenously do not converge to a point, a limit cycle, or an explosion. Their study developed out of earlier studies of cybernetic, catastrophic, and chaotic systems. Complexity analysis stresses interactions among dispersed agents without a global controller, tangled hierarchies, adaptive learning, evolution, and novelty, and out-of-equilibrium dynamics. Complexity methods include interacting particle systems…
Special problems of forests as ecologic–economic systems
Between Vienna and Cambridge: The risky business of new Austrian business‐cycle theory
Tyler Cowen's “New Austrian” theory of business cycles is based on risk analysis and the assumption of rational expectations. This contrasts with the Old Austrian view, which questions the feasibility of measuring economic risk. Despite Cowen's admirable eclecticism, the way he applies risk analysis to business cycles suffers from serious inconsistencies, and his use of rational expectations is mistaken in the face of economic complexity—a phenom…
The Complexity Era in Economics
This article argues that the neoclassical era in economics has ended and is being replaced by a new era. What best characterizes the new era is its acceptance that the economy is complex, and thus that it might be called the complexity era. The complexity era has not arrived through a revolution. Instead, it has evolved out of the many strains of neoclassical work, along with work done by less orthodox mainstream and heterodox economists. It is o…
Risk and Austrian business‐cycle theory: Rejoinder to Cowen
Cowen and I agree that rational‐expectations theory is unrealistic and that risk is difficult to quantify. However, we continue to disagree about the riskiness of consumption as opposed to investment. Since more investment might lead to a recession if investment is relatively risky, Cowen's use of rational‐expectations theory to buttress the Austrian school's claim that market economies can shift toward relatively more investment without experien…
Schumpeterian Evolutionary Dynamics and the Collapse of Soviet-Bloc Socialism
The problem of the collapse of socialism within the former Soviet bloc is examined from the perspective of a Schumpeterian view of technological change and discontinuous evolutionary dynamics. The Schumpeterian mechanism of 'creative destruction' was frustrated in the traditional socialist system with revolutionary technological changes tending not to be adopted. In largely capitalist economies Schumpeter saw these as being adopted in clusters at…
Belief: Its Role in Economic Thought and Action
The important role of belief in economic theorizing, ideology formation, and individual behavior is examined. Its role in the making of unrealistic assumptions in economic theory is considered. The extent to which this derives from ideological predispositions and the relationship of ideology to theology is analyzed. The role of selfilling prophecies is examined as an example of belief driving economic action
The Dynamics of Ghetto Boundary Movement and Ghetto Shape
Many-valued Logics
Book Reviews Many-valued Logics. By J. B. Rogge and A. R. Torquette. (Amsterdam: North Holland Publishing Co.. 1952. Pp. 124). Leonard Goddard Leonard Goddard Search for other works by this author on: Oxford Academic Google Scholar The Philosophical Quarterly, Volume 4, Issue 15, April 1954, Pages 188–189, https://doi.org/10.2307/2216395 Published: 01 April 1954
The Dynamics of Ghetto Boundary Movement and Ghetto Shape
From Catastrophe to Chaos: A General Theory of Economic Discontinuities
Journal Article From Catastrophe to Chaos: A General Theory of Economic Discontinuities Get access From Catastrophe to Chaos: A General Theory of Economic Discontinuities. By J. Barkley Rosser JR. (Dordrecht and London: Kluwer Academic Publishers, 1991. Pp. xi + 402. £41.50 hardback, US $69.95 hardback. ISBN 0 7923 9157 8.) Wulf Gaertner Wulf Gaertner University of Osnabrück Search for other works by this author on: Oxford Academic Google Scholar…
Belief: Its Role in Economic Thought and Action
The important role of belief in economic theorizing, ideology formation, and individual behavior is examined. Its role in the making of unrealistic assumptions in economic theory is considered. The extent to which this derives from ideological predispositions and the relationship of ideology to theology is analyzed. The role of selfilling prophecies is examined as an example of belief driving economic action
A Comparison of Comparative Economic Anthropologies
Additional informationNotes on contributorsMarina Vcherashnaya Rosser* Department of Economics, James Madison University, Harrisonburg, Virginia 22807. We wish to acknowledge receipt of useful comments and material from Anne Mayhew, Linda Seligmann, and James Stodder
Schumpeterian Evolutionary Dynamics and the Collapse of Soviet-Bloc Socialism
The problem of the collapse of socialism within the former Soviet bloc is examined from the perspective of a Schumpeterian view of technological change and discontinuous evolutionary dynamics. The Schumpeterian mechanism of 'creative destruction' was frustrated in the traditional socialist system with revolutionary technological changes tending not to be adopted. In largely capitalist economies Schumpeter saw these as being adopted in clusters at…
Between Vienna and Cambridge: The risky business of new Austrian business‐cycle theory
Tyler Cowen's “New Austrian” theory of business cycles is based on risk analysis and the assumption of rational expectations. This contrasts with the Old Austrian view, which questions the feasibility of measuring economic risk. Despite Cowen's admirable eclecticism, the way he applies risk analysis to business cycles suffers from serious inconsistencies, and his use of rational expectations is mistaken in the face of economic complexity—a phenom…
On the Complexities of Complex Economic Dynamics
Complex economic nonlinear dynamics endogenously do not converge to a point, a limit cycle, or an explosion. Their study developed out of earlier studies of cybernetic, catastrophic, and chaotic systems. Complexity analysis stresses interactions among dispersed agents without a global controller, tangled hierarchies, adaptive learning, evolution, and novelty, and out-of-equilibrium dynamics. Complexity methods include interacting particle systems…
Risk and Austrian business‐cycle theory: Rejoinder to Cowen
Cowen and I agree that rational‐expectations theory is unrealistic and that risk is difficult to quantify. However, we continue to disagree about the riskiness of consumption as opposed to investment. Since more investment might lead to a recession if investment is relatively risky, Cowen's use of rational‐expectations theory to buttress the Austrian school's claim that market economies can shift toward relatively more investment without experien…
Complex ecologic–economic dynamics and environmental policy
A Nobel Prize for Asymmetric Information: The economic contributions of George Akerlof, Michael Spence and Joseph Stiglitz
This paper reviews the research related to the asymmetric information of George Akerlof, Michael Spence and Joseph Stiglitz, for which they jointly received the 2001 Nobel Prize in Economics. After recounting their overall careers, the history of the asymmetric information idea is presented and their key papers are discussed. This is followed by an examination of various applications of the concept, including in industrial organization and microe…
Keynesian Comparative Economics: The Iconoclastic Vision of Lynn Turgeon (1920-1999)
The authors of this article review the late E. Lynn Turgeon's contributions to economics, including his studies of the Soviet economy, use of qualitative and demographic analyses, his Keynesian critique of U.S. economic performance, and his critique of international financial markets. Turgeon's comparative approach led to unique insights about the challenges that confronted planned economies, including the differential impact of military spending…
The Complexity Era in Economics
This article argues that the neoclassical era in economics has ended and is being replaced by a new era. What best characterizes the new era is its acceptance that the economy is complex, and thus that it might be called the complexity era. The complexity era has not arrived through a revolution. Instead, it has evolved out of the many strains of neoclassical work, along with work done by less orthodox mainstream and heterodox economists. It is o…
Special problems of forests as ecologic–economic systems
Complexity and Austrian Economics
There is a deep link between complexity economics and Austrian economics. Ideas of complexity were foundational in the work of Austrian economics from its generally recognized beginnings in the work of Carl Menger to the modern day, with Friedrich Hayek being probably the most important carrier of this theme in the school. Although interest in complexity economics among Austrians has waxed and waned over time, today such ideas are quite influenti…
The Economist Watcher: Economic Contributions of David Colander
This article gives an appraisal of the work of David Colander. After a brief biographical summary, we look at his work in methodology and the role that institutions and ‘vision’ play in his economic analysis. A crucial part of his work in this area is viewing not only the economy but also the economic profession as an adaptive complex system. This leads us to his major contributions to macroeconomics and economic education. We conclude with an ov…
Knowledge We Have Lost in Information: The History of Information in Modern Economics by Philip Mirowski and Edward Nik-Khah
Book Review| April 01 2019 Knowledge We Have Lost in Information: The History of Information in Modern Economics by Philip Mirowski and Edward Nik-Khah Knowledge We Have Lost in Information: The History of Information in Modern Economics. By Mirowski, Philip; Nik-Khah, Edward. New York: Oxford University Press, 2017. 312 pp. $34.95. J. Barkley Rosser, Jr J. Barkley Rosser, Jr James Madison University Search for other works by this author on: This…
Economics (14 works) · Economic theories and models (9 works) · Economic Theory and Institutions (9 works) · Sociology (7 works) · Computer Science (6 works) · Neoclassical economics (6 works) · Political science (6 works) · Positive economics (6 works) · Complex Systems and Time Series Analysis (5 works) · Law (5 works)