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Comments on: Conceptions of economics: Comment from Dr Doyle http://www.tvhe.co.nz/2008/11/04/conceptions-of-economics-comment-from-dr-doyle/ The Visible Hand in Economics Mon, 17 Nov 2008 00:39:34 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Matt Nolan http://www.tvhe.co.nz/2008/11/04/conceptions-of-economics-comment-from-dr-doyle/#comment-3286 Mon, 17 Nov 2008 00:39:34 +0000 http://tvhe.wordpress.com/?p=1731#comment-3286 “Another article questioning modern economic methodology and the importance (or lack of) it places in understanding energy availability and EROI”

Again, this is an issue of the application of economic ideas – not of economic methodology. The method we use to analyse scaracity is very good – it is the application of the method where there might be problems.

Fundamentally, with oil there is a debate surrounding the ability of the price to reflect scarcity (because of limited information surrounding reserves) and the degree of substitutability away from oil – these are debates about the value judgments involved.

]]> By: Andrew W http://www.tvhe.co.nz/2008/11/04/conceptions-of-economics-comment-from-dr-doyle/#comment-3285 Fri, 14 Nov 2008 18:10:30 +0000 http://tvhe.wordpress.com/?p=1731#comment-3285 Another article questioning modern economic methodology and the importance (or lack of) it places in understanding energy availability and EROI. http://eroi.theoildrum.com/node/4762#more

]]> By: At Bravo, ‘Polishing the Genre of Reality Tv To a High Sheen’ - Tv … http://www.tvhe.co.nz/2008/11/04/conceptions-of-economics-comment-from-dr-doyle/#comment-3284 Tue, 04 Nov 2008 04:45:31 +0000 http://tvhe.wordpress.com/?p=1731#comment-3284 […] Conceptions of economics: Comment from Dr Doyle « The visible hand … […]

]]> By: » Conceptions of economics: Comment from Dr Doyle « The visible hand … http://www.tvhe.co.nz/2008/11/04/conceptions-of-economics-comment-from-dr-doyle/#comment-3283 Tue, 04 Nov 2008 01:56:57 +0000 http://tvhe.wordpress.com/?p=1731#comment-3283 […] … the individualistic methodological process in economics – he is attacking the “economic unit” used when we study scarcity, something that is constantly occurring and is a healthy part of any discipline. « Credit Crunch jokes .. More […]

]]> By: ezineaerticles » Blog Archive » Conceptions of economics: Comment from Dr Doyle « The visible hand … http://www.tvhe.co.nz/2008/11/04/conceptions-of-economics-comment-from-dr-doyle/#comment-3282 Tue, 04 Nov 2008 01:50:14 +0000 http://tvhe.wordpress.com/?p=1731#comment-3282 […] Original unknown […]

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