Abstract

Theoretical work in linguistics, mathematics, and physics has created changes in academic problem formulation. This meta-analysis presents the nature of the new academic environment using precepts from “New Historicism” to suggest connections with “the New Economy.” The marketplace is often the court of last appeal in conflict resolution. This can be as basic as determining a fair price for a goose in a farmers' market to the disposition of pension funds in an international merger. Economist Lawrence Summers provides insights into theory and practice. Game theory leads from John Nash's “equilibrium point” to modeling in economics. A University of Chicago economist discusses the application of market reforms to Chile. He worked with Chilean economists called “The Chicago Boys.” A call for unification, which includes economics, follows.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.