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Genre/Form: | Electronic books |
---|---|
Material Type: | Document, Internet resource |
Document Type: | Internet Resource, Computer File |
All Authors / Contributors: |
Philip Mirowski; Edward M Nik-Khah |
ISBN: | 9780190270063 9780190270087 019027008X 0190270063 |
OCLC Number: | 994058253 |
Notes: | Includes index. |
Description: | 1 online resource |
Contents: | ContentsList of Tables and FiguresChapter 1 It's Not RationalChapter 2 The Standard Narrative and the Bigger PictureChapter 3 Natural Science InspirationsChapter 4 The Nobels and the NeoliberalsChapter 5 The Socialist Calculation Controversy as the Starting Point of the Economics of InformationChapter 6 Hayek Changes his MindChapter 7 The Neoclassical Economics of Information was incubated at CowlesChapter 8 Three Different Modalities of Information in Neoclassical TheoryChapter 9 Going the Market One BetterChapter 10 The History of Markets and the Theory of Market DesignChapter 11 The Walrasian School of DesignChapter 12 The Bayes-Nash School of DesignChapter 13 The Experimentalist School of DesignChapter 14 Hayek and the Schools of DesignChapter 15 Designs on the Market: The FCC Spectrum AuctionsChapter 16 Private Intellectuals and Public Perplexity: The TARPChapter 17 Artificial Ignorance |
Responsibility: | Philip Mirowski and Edward Nik-Khah. |
Reviews
Publisher Synopsis
"Mirowski and Nik-Khah ask questions of current economics and its direction that no one else is asking. What is information for economists, and does its production and transformation in markets bear any relation to Truth and Knowledge? Does an economics of information have any need for economic 'agents'? Do people only get in the way when economists design markets? If the market is the only source of Truth, what is the role of the economist? This book ishighly recommended for all hoping to make sense of economics today. " -- John B. Davis, Marquette University and University of Amsterdam"The Knowledge We Lost in Information reveals how many concepts familiar to the average microeconomist have surprising intellectual roots. It tells the fascinating history of how the concept of information made its way into economics, emphasizing the way Friedrich Hayek used it to argue against the feasibility of socialism. The book will help self-reflective economists understand the history and implicit connotations of ideas that are too often takenfor granted." -- Thomas Vass, Manager of The Young Scholars Initiative, Institute for New Economic Thinking"Mirowski's and Nik-Khah's book provides an entirely new reconstruction of the intellectual history of Post-World War II economics centered on the construction of the notion of information. The Knowledge We Have Lost in Information is an innovative and inspiring essay, built as a modern spy novel." -- Annie L. Cot, University Paris 1 Pantheon-Sorbonne"A blazing jeremiad, a cage-shaking roar, a flaming bolt across the bow of market design and the confused, often self-serving notions of "information" on which it is based. Mirowski and Nik-Khah have written an Emperor's New Clothes for post-World War II economics, exhuming deep history to expose incoherencies and shatter the mirror-hall of "agents" who know nothing, everything, or something -- somehow all at once." -- Paul N. Edwards, Paul N. Edwards, Professor of Information and History, University of Michigan Read more...

