What happens to people, places and objects that do not fit the ordering regimes and progressive narratives of modernity? Conventional understandings imply that progress leaves such things behind, and excludes them as though they were valueless waste. This volume uses the concept of indeterminacy to explore how conditions of exclusion and abandonment may give rise to new values, as well as to states of despair and alienation. Drawing upon ethnographic research about a wide variety of contexts, the chapters here explore how indeterminacy is created and experienced in relationship to projects of classification and progress.

Optimal growth theory studies the problem of efficient resource allocation over time, a fundamental concern of economic research. Since the 1970s, the techniques of nonlinear dynamical systems have become a vital tool in optimal growth theory, illuminating dynamics and demonstrating the possibility of endogenous economic fluctuations. Kazuo Nishimura's seminal contributions on business cycles, chaotic equilibria and indeterminacy have been central to this development, transforming our understanding of economic growth, cycles, and the relationship between them. The subjects of Kazuo's analysis remain of fundamental importance to modern economic theory. This book collects his major contributions in a single volume. Kazuo Nishimura has been recognized for his contributions to economic theory on many occasions, being elected fellow of the Econometric Society and serving as an editor of several major journals. Chapter “Introduction” is available open access under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License via link.springer.com.

This volume is the first comprehensive, cohesive, and accessible reference source to the philosophy of economics, presenting important new scholarship by top scholars.

This book deals with the oft-neglected tensions between perspicuity and fuzziness in specialised communication. It describes the manifestations, functions and implications of indeterminacy phenomena in a range of LSP specialisations where it has been customary to expect precision and consistency. The volume presents case studies and methodological frameworks that draw on theoretical, anthropological and cognitive linguistics, safety-critical translating, history and theory of terminology studies, development of ontologies, software localisation, jurisprudence, macroeconomics and interoperability of digital knowledge representation resources. With chapters by leading scholars drawn from eleven countries, this book contributes to the benchmarking of indeterminacy scholarship in LSP studies and is a fitting tribute to its dedicatee, Professor Heribert Picht who, even in retirement, remains a constant presence in LSP and terminology studies. The book should be of interest to scholars of the aforementioned areas.

This volume is a collection of some of the best and most influential work of Yanis Varoufakis. The chapters all address the issue of economic indeterminacy, and the place of a socialized Homo Economicus within the economy. The book addresses Varoufakis’ key interpretation regarding the way in which neoclassical economics deals with the twin problems of complexity and indeterminacy. He argues that all neoclassical modelling revolves around three meta-axioms: Methodological individualism, Methodological instrumentalism and the Methodological Imposition of Equilibrium. Each chapter is preceded by an introduction, which explains its place within the overarching theme of the book. The volume also includes a lengthy introduction, plus a concluding chapter focusing on the future of economics. It will be a key work for all students and researchers in the field of political economy and economic methodology.

Over the past two decades, the issue of equilibrium indeterminacy has been one of the major research concerns in macroeconomic dynamics. Growth and Business Cycles with Equilibrium Indeterminacy discusses the main topics in this literature. Based on comprehensive surveys and the author’s original research, this book explores sunspot-driven fluctuations in real business cycle models, multiple equilibria in endogenous growth models, and the stabilization effects of fiscal and monetary policy rules. The book also considers equilibrium indeterminacy in open economy models.

Three original models which explain business cycles as a result of self-fulfilling expectations are presented. The models are founded on the structure of dynamic general equilibrium theory. Market power and increasing returns to scale are introduced which allow indeterminancy of the Rational Expectations equilibria to be obtained. Unlike the majority of existing literature on this subject, the departures from perfect markets and constant returns presented in these models are very low and, more importantly, at a realistic level to achieve the respective results. It is demonstrated in all of the presented models that stylized facts of the business cycle can be reproduced.