Philosophy Intersections
Momentous Economics: Thresholds, Cliffs, Paradigm Shifts, and Crises
| When |
Feb 12, 2013 from 07:00 pm to 09:00 pm |
|---|---|
| Where | TAY 228 |
| Contact Name | Anthony Miccoli |
| Contact Phone | 970-943-3004 |
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Economics is rife with dramatic shifts in theorizing, within models, and in the state of the economy. We examine financial bubbles, environmental thresholds, “fiscal cliffs,” global crises, hyperinflations, and revolutions in thought of all kinds. Just as much, however, we focus on elements of stability and continuity (equilibrium, marginalism, synthesis, cycles, and rationality). What is the significance of the moment in economics? Moments pose critical issues of interpretation. What is the conception of time that underlies such change? Are they reversible? Are they the result of changes in behavior, policy shifts, institutions, or longer term structural factors? What is the balance between continuity and discontinuity? When exactly is the moment?
Presented by:
Dr. Sally Hays, Professor of Economics
Dr. Scott Lazerus, Professor of Economics
Dr. David Plante, Professor of Economics
