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Author: Donald Stabile
Publisher: Edward Elgar Publishing
ISBN: 1847207162
Category : Education
Languages : en
Pages : 157
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Book Description
There is much to be praised in this book. It is interesting and compelling reading. . . Economics, Competition and Academia is a well written book and well worth reading. It provides a coherent perspective of the main avenues by which societies have provided resources for higher education over many centuries. The views of prominent philosophers and economists on the economics of higher education have been highlighted as well. I recommend that it be read by anyone interested in the economics of higher education. James R. Wible, History of Economic Ideas In this exceptionally well written and highly perceptive book, Stabile has provided a unique perspective on the continuing debate over whether universities should be funded from non-fee sources (endowments, public funding) or from fees. He locates the philosophical roots of that debate in ancient Greece, with the sophists selling their services as teachers for fees and Plato and Aristotle virtuously teaching without fees (made possible by personal wealth). He then traces how virtue and sophism became entangled and morphed into various hybrid arrangements throughout the development of modern universities. As universities continue to evolve in their perceptions of how to match their functions to the ever-changing sets of financial constraints and opportunities, the relevance of this book will continue to grow. It should be on the must read list for all who are involved in modern higher education. Charles G. Leathers, University of Alabama, US Anyone interested in the important, current debate over assessing educational outcomes should read this book. It offers important historical perspectives on the value of education. Understanding the different points of view on the value of education is the first step in assessing what outcomes one wants to achieve with current education policies. Andrew F. Kozak, St. Mary s College of Maryland, US Stabile pulls together in one study of reasonable size the threads of higher education that span the centuries from ancient Greece to the twenty-first century United States. While readers may or may not agree with his conclusions, they will discover links between the past and the present and clues to the future of American higher education. David O. Whitten, Auburn University, US Donald Stabile places current concerns over the commercialization of academia in a historical context by describing the long-standing question of the extent to which market economics can and should be applied to higher education. The debate between Plato and Aristotle on one side and sophists on the other provides a foundation for the modern debate of endowment versus tuition models. The author tackles the intellectual discourse over the mission of higher education and the effect markets and competition might have on it. The discussion encompasses the ideas on higher education of leading economic thinkers such as Adam Smith, Jeremy Benthan, John Stuart Mill, Alfred Marshall, Thorstein Veblen and John K. Galbraith and identifies them as supporters of either sophism or virtue. Included, too, are the thoughts of educators and policymakers influenced by free market ideas, such as Benjamin Rush, Francis Wayland and Charles W. Eliot, as well as those opposed to them. In addition, the author explores the development of collegiate business schools in the US and how they were justified on the basis of virtue. The book concludes with a section on for-profit colleges and their relationship to sophism. This fascinating study of the centuries-old intellectual debate over the mission of academia will appeal to all those involved with higher education. Historians of economic thought will find the influence of economic ideas on this debate of great interest.
Author: Donald Stabile
Publisher: Edward Elgar Publishing
ISBN: 1847207162
Category : Education
Languages : en
Pages : 157
Get Book
Book Description
There is much to be praised in this book. It is interesting and compelling reading. . . Economics, Competition and Academia is a well written book and well worth reading. It provides a coherent perspective of the main avenues by which societies have provided resources for higher education over many centuries. The views of prominent philosophers and economists on the economics of higher education have been highlighted as well. I recommend that it be read by anyone interested in the economics of higher education. James R. Wible, History of Economic Ideas In this exceptionally well written and highly perceptive book, Stabile has provided a unique perspective on the continuing debate over whether universities should be funded from non-fee sources (endowments, public funding) or from fees. He locates the philosophical roots of that debate in ancient Greece, with the sophists selling their services as teachers for fees and Plato and Aristotle virtuously teaching without fees (made possible by personal wealth). He then traces how virtue and sophism became entangled and morphed into various hybrid arrangements throughout the development of modern universities. As universities continue to evolve in their perceptions of how to match their functions to the ever-changing sets of financial constraints and opportunities, the relevance of this book will continue to grow. It should be on the must read list for all who are involved in modern higher education. Charles G. Leathers, University of Alabama, US Anyone interested in the important, current debate over assessing educational outcomes should read this book. It offers important historical perspectives on the value of education. Understanding the different points of view on the value of education is the first step in assessing what outcomes one wants to achieve with current education policies. Andrew F. Kozak, St. Mary s College of Maryland, US Stabile pulls together in one study of reasonable size the threads of higher education that span the centuries from ancient Greece to the twenty-first century United States. While readers may or may not agree with his conclusions, they will discover links between the past and the present and clues to the future of American higher education. David O. Whitten, Auburn University, US Donald Stabile places current concerns over the commercialization of academia in a historical context by describing the long-standing question of the extent to which market economics can and should be applied to higher education. The debate between Plato and Aristotle on one side and sophists on the other provides a foundation for the modern debate of endowment versus tuition models. The author tackles the intellectual discourse over the mission of higher education and the effect markets and competition might have on it. The discussion encompasses the ideas on higher education of leading economic thinkers such as Adam Smith, Jeremy Benthan, John Stuart Mill, Alfred Marshall, Thorstein Veblen and John K. Galbraith and identifies them as supporters of either sophism or virtue. Included, too, are the thoughts of educators and policymakers influenced by free market ideas, such as Benjamin Rush, Francis Wayland and Charles W. Eliot, as well as those opposed to them. In addition, the author explores the development of collegiate business schools in the US and how they were justified on the basis of virtue. The book concludes with a section on for-profit colleges and their relationship to sophism. This fascinating study of the centuries-old intellectual debate over the mission of academia will appeal to all those involved with higher education. Historians of economic thought will find the influence of economic ideas on this debate of great interest.
Author: Fabienne Ilzkovitz
Publisher: Kluwer Law International B.V.
ISBN: 9403512822
Category : Law
Languages : en
Pages : 546
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Book Description
Competition authorities are increasingly interested in understanding the impact of their activities on markets and consumers. The goal is to improve competition policy rules and decision-making practices and to get robust evidence on the benefits of competition and competition policy for society as a whole. Discussions with competition authorities, practitioners and academics have shown the need to take stock of the experience gained in this field by the European Commission and to present it in an easily accessible way. The studies collected in this volume – prepared by senior Commission officials and competition policy experts – range from the ex post evaluation of specific policy interventions to the assessment of the broader impact of competition policy. The issues and topics examined include the following: objectives and scope of evaluations by the European Commission; description of counterfactual evaluation techniques used; conditions for a successful ex post evaluation of a competition policy intervention; a wide selection of individual cases covering a variety of economic sectors; applications in merger control, antitrust and State aid; direct benefits of competition policy interventions for consumers; deterrent effects of such interventions on market participants; and macroeconomic outcomes in terms of job creation, productivity and GDP growth. This matchless book assembles within a single volume all that is needed for competition policy analysts and practitioners to undertake ex post economic evaluations. While its collection of state-of-the-art ex post evaluation studies has a clear value for competition authorities, it is sure to be welcomed as well by competition law practitioners in the private sector, who will greatly appreciate the effort made to cast a critical eye on decisions taken in the past. Moreover, it allows for addressing some of the new challenges facing competition policymakers. Fabienne Ilzkovitz is Principal Advisor responsible for the economic evaluation of competition policy within the Directorate-General for Competition of the European Commission, and since 2014, she has coordinated various ex post evaluation projects in the Directorate-General. She is also Associate Professor of Economics in the Solvay Brussels School of Economics and Management at the Université Libre de Bruxelles, Belgium. Adriaan Dierx is Senior Expert on ex post economic evaluation within the Directorate-General for Competition of the European Commission. He has managed a number of studies aimed at assessing the economic impact of the European Commission’s competition policy interventions.
Author: Damien Geradin
Publisher: OUP Oxford
ISBN: 0191637491
Category : Law
Languages : en
Pages : 600
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Book Description
This is the first EU competition law treatise that fully integrates economic reasoning in its treatment of the decisional practice of the European Commission and the case-law of the European Court of Justice. Since the European Commission's move to a "more economic approach" to competition law reasoning and decisional practice, the use of economic argument in competition law cases has become a stricter requirement. Many national competition authorities are also increasingly moving away from a legalistic analysis of a firm's conduct to an effect-based analysis of such conduct, indeed most competition cases today involve teams composed of lawyers and industrial organisation economists. Competition law books tend to have either only cursory coverage of economics, have separate sections on economics, or indeed are far too technical in the level of economic understanding they assume. Ensuring a genuinely integrated approach to legal and economic analysis, this major new work is written by a team combining the widely recognised expertise of two competition law practitioners and a prominent economic consultant. The book contains economic reasoning throughout in accessible form, and, more pertinently for practitioners, examines economics in the light of how it is used and put to effect in the courts and decision-making institutions of the EU. A general introductory section sets EU competition law in its historical context. The second chapter goes on to explore the economics foundations of EU competition law. What follows then is an integrated treatment of each of the core substantive areas of EU competition law, including Article 101 TFEU, Article 102 TFEU, mergers, cartels and other horizontal agreements and vertical restraints.
Author: Gunnar Niels
Publisher: Oxford University Press, USA
ISBN: 0199588511
Category : Business & Economics
Languages : en
Pages : 637
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Book Description
Economics for Competition Lawyers provides a comprehensive explanation of the economic principles most relevant for competition law. Written specifically for competition lawyers, it uses real-world examples, is non-technical, and explains the key points from first principles.
Author: Jan Broulík
Publisher: Bloomsbury Publishing
ISBN: 1509959246
Category : Law
Languages : en
Pages : 379
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Book Description
The gap between the rich and poor is widening across the globe. This book explores whether this major societal challenge of our time can be addressed by the means of competition law. The primary goal of today's competition law is to ensure that market power does not lead to an inefficient production of goods and services. Nevertheless, even such efficiency-oriented curbing of market power may arguably contribute to the reduction of differences in how much people own and earn. Furthermore, many competition law regimes do take into account distributive considerations too. The chapters investigate the relationship between competition law and economic (in)equality from philosophical, historical, and economic perspectives. Their inquiries concern the conceptual foundations of competition law and doctrinal frameworks of individual jurisdictions, as well as specific problems and markets. As such, the book provides a novel and comprehensive overview of whether and how competition law can contribute to more equality in both developed and developing countries. The book is a must-read for researchers, public officials, judges, and practitioners within the competition law community. It will also appeal to anyone more broadly interested in issues of inequality and economic policy.
Author: Frank Machovec
Publisher: Routledge
ISBN: 1134820224
Category : Business & Economics
Languages : en
Pages : 408
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Book Description
Frank Machovec argues that the assumption of perfect information has done untold economic damage. It has provided the rationale for active state intervention and has obscured the extent to which entrepreneurial activity depends upon the exploitation of asymmetric information.
Author: C. A. Tisdell
Publisher: Edward Elgar Publishing
ISBN: 1781002398
Category : Business & Economics
Languages : en
Pages : 336
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Book Description
'Ecological and economic systems share some fundamental characteristics that Clem Tisdell has beautifully illuminated. He has given us a much better handle on the roles of competition, diversity, evolution and sustainability in complex, interdependent ecological and economic systems. Our ability to build a sustainable and desirable future fundamentally depends on this integrated understanding.' – Robert Costanza, Portland State University, US This thought-provoking book explores the influences of market competition and diverse behaviours of economic agents on economic performance, particularly dynamic economic performance. Clem Tisdell illustrates – within evolutionary, dynamic and static contexts – how diversity can improve or impede economic performance. He addresses the fact the role of diversity in improving economic performance has been neglected by economic theorists by making economic diversity a focal point of economic analysis. In particular, special attention is given to the value of economic diversity and economic imperfections in improving the performance of economic processes in particular identified situations. Limitations of using market-like mechanisms for managing public bodies and business firms are discussed and the value of business cooperation (economic mutualism) as a means for improving economic performance is examined. It is also observed that as economies develop, different forms of economic competition and business cooperation evolve. Challenging yet accessible, this book will prove a stimulating read for academics and students in the fields of economics, industrial organization and business and management.
Author: Klaus Mathis
Publisher: Springer
ISBN: 3030116115
Category : Law
Languages : en
Pages : 358
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Book Description
This book further develops both the traditional and the behavioural approach to competition law, and applies these approaches to a variety of timely issues. It discusses several fundamental questions regarding competition law and economics, and explores the applications of competition law and economics. In turn, the book analyses the interplay of intellectual property rights and patents in various aspects of competition law, and investigates the impacts that developments in information technology, such as big data analytics, have on competition law. The book also discusses the impact of energy law reforms on energy markets from a competition law perspective. Competition law is a classic field of economic analysis. This is largely due to the fact that competition law uses terms such as market, price, and competition and must therefore rely on economic know-how and analyses. In the United States, economic analysis has greatly influenced not just the scholarship on antitrust law, but also judicial decisions and agency enforcement. Antitrust law and economics are based on the traditional paradigm of neoclassical economics, which relies on the assumption that the market players, i.e. consumers and producers, are rational. This approach to competition law was later received in Europe under the banner of a “more economic approach”. For the past two decades, behavioural law and economics, which seeks to generate better insights into legal phenomena by providing more realistic psychological foundations for economic models, and to offer a multitude of applications in legislation and legal adjudication, has challenged the traditional economic approach to law in general and, more recently, to competition law specifically.
Author: George R. Feiwel
Publisher: Springer
ISBN: 1349086304
Category : Business & Economics
Languages : en
Pages : 823
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Book Description
This study and its companion, "Joan Robinson and Economic Theory" looks at Joan Robinson, her impact upon modern economics, her challenges and critiques, and the advances made in the science and art of economics. It studies her ideas, themes and concerns from many different perspectives.
Author: Peter Bernholz
Publisher: Routledge
ISBN: 1134086563
Category : Business & Economics
Languages : en
Pages : 294
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Book Description
Organized, readable, technically sound and comprehensive from both theoretical and empirical standpoints, this book summarizes a vast amount of institutional, historical and descriptive detail. Using case studies from the US, Canada, Germany and Switzerland as well as the European Union and the global economy, this is the first book of its kind to examine historical evidence on how competition among states – or the lack of it – affects regulation, especially labour market regulation. Edited by internationally respected scholars of economics and containing contributions from eminent economists, this book reveals important implications as to whether European political integration leads to more regulation and whether globalization restrains regulation. It will be of great interest to both economists and students engaged with political economy, public choice and regulation.
