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Author: Steven G. Medema
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 328
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Book Description
In 21 prescriptive rather than descriptive treatments, well known academic economists set out how they think the discipline should be practiced both internally and in relation to other fields and arenas of society. They explore economics as a historical process and as a public science, realism in model buildings, social science, normative and positive aspects, extracting information from data, and worthwhile economics. Annotation copyright by Book News, Inc., Portland, OR.
Author: Steven G. Medema
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 328
Get Book
Book Description
In 21 prescriptive rather than descriptive treatments, well known academic economists set out how they think the discipline should be practiced both internally and in relation to other fields and arenas of society. They explore economics as a historical process and as a public science, realism in model buildings, social science, normative and positive aspects, extracting information from data, and worthwhile economics. Annotation copyright by Book News, Inc., Portland, OR.
Author: Walter Eucken
Publisher: Springer Science & Business Media
ISBN: 3642773184
Category : Business & Economics
Languages : en
Pages : 357
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Book Description
THE FIRST GERMAN edition of this book appeared in 1940. Since then the book has gone through five more editions and has been translated into Spanish and Italian. The present English translation is based on the sixth German edition. The author was Professor of Economics at the University of Freiburg, Germany. Professor Eucken was a student at a time when the Historical School dominated the teaching of econo mics at the German universities. Although, at the beginning of his career, he did some work along the lines of the Historical School, neither the ~ims nor the methods of historical research the field of economics as practised by the representatives in of the Historical School satisfied him; and the fact that the members of this school were unable to explain the causes of economic events such as the German inflation after World War I was an added reason for him to turn to economic theory. He became, among German economists, the foremost opponent of the Historical School, which he criticised in several publica tions. Through his wrItings and his teaching he contributed his share to the revival of interest in economic theory which was noticeable in the 'twenties. And he was one of the few economists left in Germany who helped to keep this interest alive during the 'thirties and during World War II. During this time he published Kapitaltheoretische Untersuchungen (1936), and the present volume, which immediately gave rise to an extensive discussion in German economic journals.
Author: Joseph T. Mahoney
Publisher: SAGE
ISBN: 1412905435
Category : Business & Economics
Languages : en
Pages : 273
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Book Description
The theoretical foundations of management strategy are identified and outlined in this text. Five theories are considered in the light of questions about how organisations operate efficiently, cost minimization, wealth creation, individual self-interest, and continued growth.
Author: Andrew Gillespie
Publisher: Oxford University Press, USA
ISBN: 0199586543
Category : Business & Economics
Languages : en
Pages : 589
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Book Description
Assuming no prior knowledge, the second edition of Foundations of Economics introduces students to both microeconomic and macroeconomic principles. This is the ideal text for foundation degrees and non-specialist courses for first year undergraduates.
Author: John Komlos
Publisher: Routledge
ISBN: 1351584715
Category : Business & Economics
Languages : en
Pages : 292
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Book Description
The 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization. This textbook demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in the mainstream models. Bringing together the work of key scholars, such as Kahneman, Minsky, and Schumpeter, this book demonstrates how we should take into account the inefficiencies that arise due to asymmetric information, mental biases, unequal distribution of wealth and power, and the manipulation of demand. This textbook offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists. A must-have for students studying the principles of economics as well as micro- and macroeconomics, this textbook redresses the existing imbalance in economic teaching. Instead of clinging to an ideology that only enriched the 1%, Komlos sketches the outline of a capitalism with a human face, an economy in which people live contented lives with dignity instead of focusing on GNP.
Author: Alberto M. Piedra
Publisher: Lexington Books
ISBN: 0739158074
Category : Religion
Languages : en
Pages : 219
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Book Description
Author Alberto M. Piedra lucidly illustrates the notion of 'natural law' through the examination of economic, social, political, and cultural issues. In this work Piedra draws on classical and Christian sources as well as his personal experience as an economist, diplomat, and lecturer on world politics to address philosophical views in a constructive and morally guided exegesis of natural law and economics. This innovative book shows the value of appeals to a governing, natural law and attendant principles such as the common good, subsidiarity, hierarchy, spiritual welfare, the reciprocity of freedom and authority, and the cultivation of personal moral and intellectual virtue. Natural Law will appeal to scholars, professionals, and others interested in the cultivation of personal moral and intellectual virtue.
Author: Wolfgang Buchholz
Publisher: Springer
ISBN: 3030162680
Category : Business & Economics
Languages : en
Pages : 172
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Book Description
This textbook provides a solid introduction to the theoretical and empirical aspects of environmental economics, and their links to environmental policy. It advocates drawing on the economist’s toolbox as a powerful means of finding solutions to environmental problems by addressing the conflict between the societal costs of pollution on the one hand, and the financial costs of emissions reduction on the other. The book presents the main economic theory approaches to handling environmental problems and assessing the monetary value of environmental quality; the most relevant environmental policy instruments and challenges involved in their effective real-world application; and both national and global environmental problems addressed by environmental negotiations and agreements. Given its scope, the book offers a valuable basis of information for students, and for policymakers pursuing effective environmental policies.
Author: Thorsten Hens
Publisher: Springer Nature
ISBN: 3030054276
Category : Business & Economics
Languages : en
Pages : 178
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Book Description
This book provides readers with essential concepts from financial economics for an integrated study of the financial system and the real economy. It discusses how long-term market prices are determined and affected by population growth, technological progress and non-renewable resources. The meaning of market prices is examined from the perspective of households and from the perspective of firms. The book therefore connects different fields of finance, which usually focus only on either the households’ side or the firms’ side.
Author: Kaushik Basu
Publisher: Oxford University Press, USA
ISBN: 0198296711
Category : Economics
Languages : en
Pages : 305
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Book Description
This volume aims to understand why some economies succeed and some fail, and why some communities prosper while others stagnate, so economics must be seen as embedded in politics and society. It is a study of this embeddedness.
Author: Jing Chen
Publisher: Springer
ISBN: 149393466X
Category : Science
Languages : en
Pages : 136
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Book Description
This book presents a new economic theory developed from physical and biological principles. It explains how technology, social systems and economic values are intimately related to resources. Many people have recognized that mainstream (neoclassical) economic theories are not consistent with physical laws and often not consistent with empirical patterns, but most feel that economic activities are too complex to be described by a simple and coherent mathematical theory. While social systems are indeed complex, all life systems, including social systems, satisfy two principles. First, all systems need to extract resources from the external environment to compensate for their consumption. Second, for a system to be viable, the amount of resource extraction has to be no less than the level of consumption. From these two principles, we derive a quantitative theory of major factors in economic activities, such as fixed cost, variable cost, discount rate, uncertainty and duration. The mathematical theory enables us to systematically measure the effectiveness of different policies and institutional structures at varying levels of resource abundance and cost.The theory presented in this book shows that there do not exist universally optimal policies or institutional structures. Instead, the impacts of different policies or social structures have to be measured within the context of existing levels of resource abundance. As the physical costs of extracting resources rise steadily, many policy assumptions adopted in mainstream economic theories, and workable in times of cheap and abundant energy supplies and other resources, need to be reconsidered. In this rapidly changing world, the theory presented here provides a solid foundation for examining the long-term impacts of today's policy decisions.
