Thursday, June 12, 2014

HET in mathematical context: an outline

NOTICE
  • DO NOT TRUST THE FOLLOWING
INTRODUCTION
  • In my blog post in Nov 2010, I proposed yet another view in HET (history of economic thought) focused on mathematical context rather than contexts of ideology and social value: (in Japanese) http://d.hatena.ne.jp/TuvianNavy/20101102/1288723212
  • it is partly motivated from Philip Mirowski's HET works aiming at similar target
  • another source of motivation is the long-run controversy about Japan's economical slump over decades and the way out of it
  • later I came to be aware of "non-separable" nature of technological knowledge and economic growth path
  • parallelism between foundation of monetary theory and quantum gravity is concerned
THEMES TO BE EXAMINED
  • Reality and Closed Economic Systems
  • Reproduction and Iteration
  • Tatonnement: Search for Self-Consistency
  • Economy as Propagator, Growth as Scattering
  • Utility, as Metric and Topology
  • Beyond Finite Dimensions
  • Homogeneity, Stability and Conservation of Wealth
  • Relativity and Relaxation of Individual Values
  • Logic, Knowledge and Intertemporal Substitution
  • Economic Potential and Geographical Agglomeration
  • Justifing Say's Law: Entropy and Demand
PARTICULAR TOPICS (very incomplete)
  • Scarf's effective proof of Edgeworth conjecture
  • Uzawa Equivalence
  • Okishio's theorem
  • Samuelson's non-substitution theorem
  • Hicks' stability condition
  • Arrow Impossibility
  • Barro's Ricardian equivalence
  • Instability of global economy / Indefinability of excess demand (SMD theorem)
CONTROVERSIES (still in Japanese)
  • 重商主義に対するスミスの批判(会計的等価=古典経済学における均衡理論)。
  • 穀物法論争(リカードのグローバリズム、自由貿易に対するマルサスの批判)。
  • 労働価値説(広くは生産費説)に対するオーストリア学派の批判。
  • マルクスによる主観価値説への反批判。
  • 社会主義計算論争。
  • 失業をめぐるピグーとケインズの論争。
  • ケンブリッジ資本論争。
  • 変動相場制、固定相場制、金本位制
  • 構造モデルと誘導モデルの乖離についてのルーカス批判。
  • CAPMに対するロルの批判。