Puzzles and Paradoxes in Economics

Puzzles and Paradoxes in Economics PDF Author: Mark Skousen
Publisher: Edward Elgar Publishing
ISBN: 1800886489
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
Economics is full of puzzles and paradoxes that often frustrate and challenge everyone, including economists. This engaging book includes fifty puzzles and focuses on three types of paradox. First, everyday observations that appear to belie common sense (such as why some supermarket items sell for more per ounce in larger sizes). Secondly, those paradoxes which have perplexed economists in the past but have since been fairly resolved (such as the diamond–water paradox). Finally, empirical or conceptual anomalies that remain unresolved and present a challenge to today’s economists (such as the voting paradox).

Puzzles and Paradoxes in Economics

Puzzles and Paradoxes in Economics PDF Author: Mark Skousen
Publisher: Edward Elgar Publishing
ISBN: 1800886489
Category : Business & Economics
Languages : en
Pages : 232

Get Book

Book Description
Economics is full of puzzles and paradoxes that often frustrate and challenge everyone, including economists. This engaging book includes fifty puzzles and focuses on three types of paradox. First, everyday observations that appear to belie common sense (such as why some supermarket items sell for more per ounce in larger sizes). Secondly, those paradoxes which have perplexed economists in the past but have since been fairly resolved (such as the diamond–water paradox). Finally, empirical or conceptual anomalies that remain unresolved and present a challenge to today’s economists (such as the voting paradox).

Puzzles, Paradoxes, Controversies, and the Global Economy

Puzzles, Paradoxes, Controversies, and the Global Economy PDF Author: Charles Wolf Jr.
Publisher: Hoover Press
ISBN: 0817918566
Category : Business & Economics
Languages : en
Pages : 272

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Book Description
In this wide-ranging collection of essays first published between 2007 and 2014, Charles Wolf Jr. shares his insights on the world's economies, including those of China, the United States, Japan, Korea, India, and others. First appearing in such periodicals as in Forbes, the Wall Street Journal, and the Weekly Standard, among others, these chapters take on a range of questions about the global economy. Wolf discusses the paradoxes and puzzles within China's political economy and in its interactions with the United States. He analyzes the shortcomings of Keynesian economics as a response to the 2008 recession, as well as the weaknesses of policies and actions inferred from the theory, and compares those weaknesses with those of austerity policies intended to limit government spending and indebtedness. He also offers his views on economic inequality and where its principal sources may truly lay, China's currency and the continuing controversy about whether and when it may become a major international reserve currency, and many more insights on key economic issues affecting the global economy. Bringing these essays together for the first time in a single volume, including two essays not yet published elsewhere, this book enables the reader to absorb the author's expert perspective during the years in a collection in which the whole is truly greater than the sum of its parts. Each chapter includes a brief "postaudit" in which the author attempts to grade how well or ill the essay seems in retrospect.

Puzzle and Paradox

Puzzle and Paradox PDF Author: Mireille Razafindrakoto
Publisher: Cambridge University Press
ISBN: 1108488331
Category : Business & Economics
Languages : en
Pages : 303

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Book Description
Analyses the economic and political history of Madagascar from independence to the early twenty-first century.

Controversies in Economics and Finance

Controversies in Economics and Finance PDF Author: Imad A. Moosa
Publisher: Edward Elgar Publishing
ISBN: 1839105623
Category : Business & Economics
Languages : en
Pages : 352

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Book Description
In this fascinating book, Imad A. Moosa challenges existing preconceptions surrounding normative economics, arguing that what some economists see as undisputed facts of life may be myths caused by dogmatic thinking. Plausible explanations are suggested for puzzles in various areas of economics and finance, such as the home bias puzzle, the PPP puzzle and the presidential puzzle. Controversies in Economics and Finance is a thought-provoking and stimulating read that exposes common flaws in economic analysis. It will be of great benefit to academics, graduate students and policy-makers looking to understand the limits of economic analysis.

A Panorama of Statistics

A Panorama of Statistics PDF Author: Eric Sowey
Publisher: John Wiley & Sons
ISBN: 1119075823
Category : Mathematics
Languages : en
Pages : 338

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Book Description
Dieses Buch nimmt den Leser mit auf eine anregende Reise rund um die Welt der Statistik. Auf eine ganz andere Art werden Theorie und Praxis Dozenten, Studenten und Praktikern nahe gebracht. Auf jeder Etappe dieser Reise untersuchen die Autoren ungewöhnliche und skurille Aspekte der Statistik, stellen historische, biographische und philosophische Dimensionen heraus. Die einzelnen Kapitel beginnen mit einem Ausblick auf das Thema, oftmals aus unterschiedlichen Blickwinkeln. Darauf folgen fünf Fragen, die zum Nachdenken anregen. Ziel ist es, die Kenntnisse der Leser zu erweitern und zu vertiefen. Zu den Fragen gibt es auch immer wieder unterhaltsame Rätsel, mit denen spannende Paradoxa aufgelöst werden. Die Leser können ihre eigenen Entdeckungen in der Welt der Statistik mit den ausführlichen Antworten der Autoren auf die jeweiligen Fragen vergleichen.

China Into Its Second Rise

China Into Its Second Rise PDF Author: James Chieh Hsiung
Publisher: World Scientific
ISBN: 981432471X
Category : Business & Economics
Languages : en
Pages : 340

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Book Description
This book seeks to demystify the re-ascendancy of China as a civilization state. China's politics and society are examined in the light of its living civilization, which is the only one of the ancient civilizations that has survived to this day. The book also contrasts China's development with that of the West and Japan. By combining the impact of internal political and socio-economic developments in China and its external relations (from the silk routes, the tribute system, to the modern day), it unravels the existing myths, puzzles, and paradoxes surrounding China and questions the adequacy of most of the Western political theories (such as realism in international relations) in an attempt to explicate China's re-emergence as a world power. It attempts to tackle squarely the question: Is China a threat to world order?The book traces the rationale for contemporary developments in China to the roots in the country's tradition as well as foreign influences and seeks to unravel the puzzle about the unique China Model that defies conventional thinking in political economy, with its sustained and incredibly rapid economic growth over the past three decades. This study on China's second rise provides a broad background that includes a meaningful scrutiny of the country's behavior during its first rise (713-1820) and beyond. In comparing China's ongoing second rise with its first ascent, the book not only refocuses on and reinterprets the example set during its first rise, but also takes into account the crucial lessons it learned during its century in eclipse in the interregnum, for the effects they have on the country's current orientation and behavior. The book follows an interdisciplinary approach, combining the cultural, intellectual-historical, normative-ideological, and social-scientific perspectives, to lend a more solid grasp of the present-day China. It ends with an educated speculation, based on the foregoing analyses, on the contours of a Pax Sinica that is likely to result from the impact of China's second rise as a world power.

The Prosperity Paradox

The Prosperity Paradox PDF Author: Clayton M. Christensen
Publisher: HarperCollins
ISBN: 0062851837
Category : Business & Economics
Languages : en
Pages : 415

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Book Description
Clayton M. Christensen, the author of such business classics as The Innovator’s Dilemma and the New York Times bestseller How Will You Measure Your Life, and co-authors Efosa Ojomo and Karen Dillon reveal why so many investments in economic development fail to generate sustainable prosperity, and offers a groundbreaking solution for true and lasting change. Global poverty is one of the world’s most vexing problems. For decades, we’ve assumed smart, well-intentioned people will eventually be able to change the economic trajectory of poor countries. From education to healthcare, infrastructure to eradicating corruption, too many solutions rely on trial and error. Essentially, the plan is often to identify areas that need help, flood them with resources, and hope to see change over time. But hope is not an effective strategy. Clayton M. Christensen and his co-authors reveal a paradox at the heart of our approach to solving poverty. While noble, our current solutions are not producing consistent results, and in some cases, have exacerbated the problem. At least twenty countries that have received billions of dollars’ worth of aid are poorer now. Applying the rigorous and theory-driven analysis he is known for, Christensen suggests a better way. The right kind of innovation not only builds companies—but also builds countries. The Prosperity Paradox identifies the limits of common economic development models, which tend to be top-down efforts, and offers a new framework for economic growth based on entrepreneurship and market-creating innovation. Christensen, Ojomo, and Dillon use successful examples from America’s own economic development, including Ford, Eastman Kodak, and Singer Sewing Machines, and shows how similar models have worked in other regions such as Japan, South Korea, Nigeria, Rwanda, India, Argentina, and Mexico. The ideas in this book will help companies desperate for real, long-term growth see actual, sustainable progress where they’ve failed before. But The Prosperity Paradox is more than a business book; it is a call to action for anyone who wants a fresh take for making the world a better and more prosperous place.

Paradoxes and Puzzles in Our Globalized World

Paradoxes and Puzzles in Our Globalized World PDF Author: James W. Dean
Publisher:
ISBN:
Category : Free trade
Languages : en
Pages : 0

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Book Description


Eminent Economists II

Eminent Economists II PDF Author: Michael Szenberg
Publisher: Cambridge University Press
ISBN: 1107040531
Category : Business & Economics
Languages : en
Pages : 491

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Book Description
This book presents the ideas of some of the most outstanding economists of the past half century.

Paradoxes of Belief and Strategic Rationality

Paradoxes of Belief and Strategic Rationality PDF Author: Robert C. Koons
Publisher: Cambridge University Press
ISBN: 0521412692
Category : Mathematics
Languages : en
Pages : 192

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Book Description
The author argues that a logical paradox lies at the root of a number of persistent puzzles in game theory, in particular those concerning rational agents who seek to establish some kind of reputation. This analysis provides an understanding of how the rational agent model can account for the emergence of rules, practices and institutions.