Alternative Ideas from 10 (Almost) Forgotten Economists

Alternative Ideas from 10 (Almost) Forgotten Economists PDF Author: Irene van Staveren
Publisher:
ISBN: 9783030576103
Category :
Languages : en
Pages : 0

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Book Description
"Irene van Staveren's latest book is a perfect blend of theoretical economics, history of thought and contemporary policy making. Van Steveren mixes biographical details and theoretical contributions from ten notable economists with a focus on present day economic problems, especially those that have arisen since the financial crisis-cum-recession of 2008-09. The book is perfect for students who want to learn non-mainstream approaches to economics while also focusing on problems that exist in the here and now." - Philip Pilkington, Macroeconomist at GMO LLC and author of The Reformation in Economics How should we address today's big problems, and what we can take from icons of economics past? How would John Maynard Keynes have resolved today's debt problem, or how would Adam Smith have assessed the European carbon emission trading market? This book applies the ideas of ten renowned economists (Marx, Minsky, Keynes, Knight, Bergmann, Veblen, Sen, Myrdal, Smith, Robinson) to real world economic problems, directly or indirectly related to the causes and consequences of the 2008 financial crisis. Each chapter presents an economist, and structures the 'problem', the 'insight' (the economist's idea), the 'economist' (short bio), and two 'practices' offering real-world alternatives.This book presents a lively and original approach that will be of interest to economists and non-economists alike, discussing key elements of an economics for a postcapitalist economy and connecting policy insights to real-world problems of today.

Alternative Ideas from 10 (Almost) Forgotten Economists

Alternative Ideas from 10 (Almost) Forgotten Economists PDF Author: Irene van Staveren
Publisher:
ISBN: 9783030576103
Category :
Languages : en
Pages : 0

Get Book

Book Description
"Irene van Staveren's latest book is a perfect blend of theoretical economics, history of thought and contemporary policy making. Van Steveren mixes biographical details and theoretical contributions from ten notable economists with a focus on present day economic problems, especially those that have arisen since the financial crisis-cum-recession of 2008-09. The book is perfect for students who want to learn non-mainstream approaches to economics while also focusing on problems that exist in the here and now." - Philip Pilkington, Macroeconomist at GMO LLC and author of The Reformation in Economics How should we address today's big problems, and what we can take from icons of economics past? How would John Maynard Keynes have resolved today's debt problem, or how would Adam Smith have assessed the European carbon emission trading market? This book applies the ideas of ten renowned economists (Marx, Minsky, Keynes, Knight, Bergmann, Veblen, Sen, Myrdal, Smith, Robinson) to real world economic problems, directly or indirectly related to the causes and consequences of the 2008 financial crisis. Each chapter presents an economist, and structures the 'problem', the 'insight' (the economist's idea), the 'economist' (short bio), and two 'practices' offering real-world alternatives.This book presents a lively and original approach that will be of interest to economists and non-economists alike, discussing key elements of an economics for a postcapitalist economy and connecting policy insights to real-world problems of today.

Alternative Ideas from 10 (Almost) Forgotten Economists

Alternative Ideas from 10 (Almost) Forgotten Economists PDF Author: Irene van Staveren
Publisher: Springer Nature
ISBN: 3030576094
Category : Business & Economics
Languages : en
Pages : 214

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Book Description
How should we address today’s big problems, and what we can take from icons of economics past? How would John Maynard Keynes have resolved today’s debt problem, or how would Adam Smith have assessed the European carbon emission trading market? This book applies the ideas of ten renowned economists (Marx, Minsky, Keynes, Knight, Bergmann, Veblen, Sen, Myrdal, Smith, Robinson) to real world economic problems, directly or indirectly related to the causes and consequences of the 2008 financial crisis. Each chapter presents an economist, and structures the ‘problem’, the ‘insight’ (the economist’s idea), the ‘economist’ (short bio), and two ‘practices’ offering real-world alternatives. This book presents a lively and original approach that will be of interest to economists and non-economists alike, discussing key elements of an economics for a postcapitalist economy and connecting policy insights to real-world problems of today.

History of Economic Ideas

History of Economic Ideas PDF Author: Panayotis G. Michaelides
Publisher: Springer Nature
ISBN: 303119697X
Category : Business & Economics
Languages : en
Pages : 190

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Book Description
This book examines the history of economic thought and of political economy over the past 250 years. It presents an accessible introduction to the lives and ideas of some of economics' most prominent theoreticians, including at least one representative of each major school of economic thought. Additionally, learning objectives, summaries, key takeaways, and revision questions are included to facilitate learning and self-assessment. The concise nature of this book makes it an easy-to-use guide to the early pioneers of political economy (Smith, Ricardo, Marx, Walras), the 20th century innovators of economics (Keynes, Schumpeter, Hayek, Friedman, Solow), or the more recent research in the discipline (Nash, Sen, Stiglitz, Krugman). Those interested in the history of economic thought will find this book to be an invaluable resource.

Economic Ideas You Should Forget

Economic Ideas You Should Forget PDF Author: Bruno S. Frey
Publisher: Springer
ISBN: 3319474588
Category : Business & Economics
Languages : en
Pages : 166

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Book Description
Reporting on cutting-edge advances in economics, this book presents a selection of commentaries that reveal the weaknesses of several core economics concepts. Economics is a vigorous and progressive science, which does not lose its force when particular parts of its theory are empirically invalidated; instead, they contribute to the accumulation of knowledge. By discussing problematic theoretical assumptions and drawing on the latest empirical research, the authors question specific hypotheses and reject major economic ideas from the “Coase Theorem” to “Say’s Law” and “Bayesianism.” Many of these ideas remain prominent among politicians, economists and the general public. Yet, in the light of the financial crisis, they have lost both their relevance and supporting empirical evidence. This fascinating and thought-provoking collection of 71 short essays written by respected economists and social scientists from all over the world will appeal to anyone interested in scientific progress and the further development of economics.

Economic Stories For Undergrads

Economic Stories For Undergrads PDF Author: Annavajhula J. C. Bose
Publisher: OrangeBooks Publication
ISBN:
Category : Business & Economics
Languages : en
Pages : 332

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Book Description
Economics is the strangest and most dubious as also frustrating animal of social sciences and humanities. The debate on what it is and what its strengths and weaknesses are in understanding and changing the economy and society for the better, is never ending. This book cuts through this noise for econ-undergrads with social concerns. It is crafted to be stuffed with peripatetic hops, skips and intellectual and emotional jumps about the nature and character of the brain circuits of economics in terms of its methodological, political, sociological, anthropological, historical, feminist, ethical, ecological, spiritual, literary, technical, corporate and other underpinnings. Diverse stories are told as alerts or nudges for the undergrads, who as aspirant youth have, in general, hyperbolic discounting attitude towards social change. The mind and heart of the undergrad reading this book will hopefully be ignited so as to endeavour to find out the purpose of economic education and how economics should be learnt in order to rectify the failures of our current socio-economic system. The seriously academic undergrad may also be inspired to pursue the long-range objective of doing integrated studies and research for maximised understanding and holistic policy making, which is, of course, easier to say than do.

When More Is Not Better

When More Is Not Better PDF Author: Roger L. Martin
Publisher: Harvard Business Press
ISBN: 1647820073
Category : Business & Economics
Languages : en
Pages : 206

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Book Description
American democratic capitalism is in danger. How can we save it? For its first two hundred years, the American economy exhibited truly impressive performance. The combination of democratically elected governments and a capitalist system worked, with ever-increasing levels of efficiency spurred by division of labor, international trade, and scientific management of companies. By the nation's bicentennial celebration in 1976, the American economy was the envy of the world. But since then, outcomes have changed dramatically. Growth in the economic prosperity of the average American family has slowed to a crawl, while the wealth of the richest Americans has skyrocketed. This imbalance threatens the American democratic capitalist system and our way of life. In this bracing yet constructive book, world-renowned business thinker Roger Martin starkly outlines the fundamental problem: We have treated the economy as a machine, pursuing ever-greater efficiency as an inherent good. But efficiency has become too much of a good thing. Our obsession with it has inadvertently shifted the shape of our economy, from a large middle class and smaller numbers of rich and poor (think of a bell-shaped curve) to a greater share of benefits accruing to a thin tail of already-rich Americans (a Pareto distribution). With lucid analysis and engaging anecdotes, Martin argues that we must stop treating the economy as a perfectible machine and shift toward viewing it as a complex adaptive system in which we seek a fundamental balance of efficiency with resilience. To achieve this, we need to keep in mind the whole while working on the component parts; pursue improvement, not perfection; and relentlessly tweak instead of attempting to find permanent solutions. Filled with keen economic insight and advice for citizens, executives, policy makers, and educators, When More Is Not Better is the must-read guide for saving democratic capitalism.

The Guest Lecture

The Guest Lecture PDF Author: Martin Riker
Publisher: Grove Press
ISBN: 0802160425
Category : Fiction
Languages : en
Pages : 189

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Book Description
With “a voice as clear, sincere, and wry as any I’ve read in current American fiction” (Joshua Cohen), Martin Riker’s poignant and startlingly original novel asks how to foster a brave mind in anxious times, following a newly jobless academic rehearsing a speech on John Maynard Keynes for a surprising audience In a hotel room in the middle of the night, Abby, a young feminist economist, lies awake next to her sleeping husband and daughter. Anxious that she is grossly underprepared for a talk she is presenting tomorrow on optimism and John Maynard Keynes, she has resolved to practice by using an ancient rhetorical method of assigning parts of her speech to different rooms in her house and has brought along a comforting albeit imaginary companion to keep her on track—Keynes himself. Yet as she wanders with increasing alarm through the rooms of her own consciousness, Abby finds herself straying from her prepared remarks on economic history, utopia, and Keynes’s pragmatic optimism. A lapsed optimist herself, she has been struggling under the burden of supporting a family in an increasingly hostile America after being denied tenure at the university where she teaches. Confronting her own future at a time of global darkness, Abby undertakes a quest through her memories to ideas hidden in the corners of her mind—a piecemeal intellectual history from Cicero to Lewis Carroll to Queen Latifah—as she asks what a better world would look like if we told our stories with more honest and more hopeful imaginations. With warm intellect, playful curiosity, and an infectious voice, Martin Riker acutely animates the novel of ideas with a beating heart and turns one woman’s midnight crisis into the performance of a lifetime.

New Ideas from Dead Economists

New Ideas from Dead Economists PDF Author: Todd G. Buchholz
Publisher: Plume Books
ISBN: 9780452280526
Category : Biography & Autobiography
Languages : en
Pages : 356

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Book Description
This witty, entertaining, accessible Introduction to the great economic thinkers throughout history-Adam Smith, John Stuart Mill, Karl Marx, John Maynard Keynes, and more-shows how their ideas apply to our modern world. In this revised edition, renowned economist Todd Buchholz offers an insightful and informed perspective on key economic issues in the new millennium: increasing demand for energy, the rise of China, international trade, aging populations, health care, and the effects of global warming. New Ideas from Dead Economists is a fascinating guide to understanding both the evolution of economic theory and our complex contemporary economy. Book jacket.

Economics of Good and Evil

Economics of Good and Evil PDF Author: Tomas Sedlacek
Publisher: Oxford University Press
ISBN: 9780199831906
Category : Business & Economics
Languages : en
Pages : 376

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Book Description
Tomas Sedlacek has shaken the study of economics as few ever have. Named one of the "Young Guns" and one of the "five hot minds in economics" by the Yale Economic Review, he serves on the National Economic Council in Prague, where his provocative writing has achieved bestseller status. How has he done it? By arguing a simple, almost heretical proposition: economics is ultimately about good and evil. In The Economics of Good and Evil, Sedlacek radically rethinks his field, challenging our assumptions about the world. Economics is touted as a science, a value-free mathematical inquiry, he writes, but it's actually a cultural phenomenon, a product of our civilization. It began within philosophy--Adam Smith himself not only wrote The Wealth of Nations, but also The Theory of Moral Sentiments--and economics, as Sedlacek shows, is woven out of history, myth, religion, and ethics. "Even the most sophisticated mathematical model," Sedlacek writes, "is, de facto, a story, a parable, our effort to (rationally) grasp the world around us." Economics not only describes the world, but establishes normative standards, identifying ideal conditions. Science, he claims, is a system of beliefs to which we are committed. To grasp the beliefs underlying economics, he breaks out of the field's confines with a tour de force exploration of economic thinking, broadly defined, over the millennia. He ranges from the epic of Gilgamesh and the Old Testament to the emergence of Christianity, from Descartes and Adam Smith to the consumerism in Fight Club. Throughout, he asks searching meta-economic questions: What is the meaning and the point of economics? Can we do ethically all that we can do technically? Does it pay to be good? Placing the wisdom of philosophers and poets over strict mathematical models of human behavior, Sedlacek's groundbreaking work promises to change the way we calculate economic value.

The Tyranny of Experts

The Tyranny of Experts PDF Author: William Easterly
Publisher: Basic Books
ISBN: 0465080901
Category : Political Science
Languages : en
Pages : 479

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Book Description
In this "bracingly iconoclastic” book (New York Times Book Review), a renowned economics scholar breaks down the fight to end global poverty and the rights that poor individuals have had taken away for generations. In The Tyranny of Experts, renowned economist William Easterly examines our failing efforts to fight global poverty, and argues that the "expert approved" top-down approach to development has not only made little lasting progress, but has proven a convenient rationale for decades of human rights violations perpetrated by colonialists, postcolonial dictators, and US and UK foreign policymakers seeking autocratic allies. Demonstrating how our traditional antipoverty tactics have both trampled the freedom of the world's poor and suppressed a vital debate about alternative approaches to solving poverty, Easterly presents a devastating critique of the blighted record of authoritarian development. In this masterful work, Easterly reveals the fundamental errors inherent in our traditional approach and offers new principles for Western agencies and developing countries alike: principles that, because they are predicated on respect for the rights of poor people, have the power to end global poverty once and for all.