Alternative Ideas From 10 Almost Forgotten Economists

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Alternative Ideas from 10 (Almost) Forgotten Economists

Author : Irene van Staveren
Publisher :
ISBN 13 : 9783030576103
Total Pages : 0 pages
Book Rating : 4.5/5 (761 download)

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Book Synopsis Alternative Ideas from 10 (Almost) Forgotten Economists by : Irene van Staveren

Download or read book Alternative Ideas from 10 (Almost) Forgotten Economists written by Irene van Staveren and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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

Author : Irene van Staveren
Publisher : Springer Nature
ISBN 13 : 3030576094
Total Pages : 214 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Alternative Ideas from 10 (Almost) Forgotten Economists by : Irene van Staveren

Download or read book Alternative Ideas from 10 (Almost) Forgotten Economists written by Irene van Staveren and published by Springer Nature. This book was released on 2021-01-18 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Economic Ideas You Should Forget

Author : Bruno S. Frey
Publisher : Springer
ISBN 13 : 3319474588
Total Pages : 168 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Economic Ideas You Should Forget by : Bruno S. Frey

Download or read book Economic Ideas You Should Forget written by Bruno S. Frey and published by Springer. This book was released on 2017-03-08 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

History of Economic Ideas

Author : Panayotis G. Michaelides
Publisher : Springer Nature
ISBN 13 : 303119697X
Total Pages : 190 pages
Book Rating : 4.0/5 (311 download)

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Book Synopsis History of Economic Ideas by : Panayotis G. Michaelides

Download or read book History of Economic Ideas written by Panayotis G. Michaelides and published by Springer Nature. This book was released on 2023-01-28 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Tyranny of Experts

Author : William Easterly
Publisher : Basic Books
ISBN 13 : 0465080901
Total Pages : 479 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis The Tyranny of Experts by : William Easterly

Download or read book The Tyranny of Experts written by William Easterly and published by Basic Books. This book was released on 2014-03-04 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Economics of Good and Evil

Author : Tomas Sedlacek
Publisher : Oxford University Press
ISBN 13 : 0199831904
Total Pages : 366 pages
Book Rating : 4.1/5 (998 download)

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Book Synopsis Economics of Good and Evil by : Tomas Sedlacek

Download or read book Economics of Good and Evil written by Tomas Sedlacek and published by Oxford University Press. This book was released on 2011-07-01 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Economics in One Lesson

Author : Henry Hazlitt
Publisher : Crown Currency
ISBN 13 : 0307760626
Total Pages : 220 pages
Book Rating : 4.3/5 (77 download)

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Book Synopsis Economics in One Lesson by : Henry Hazlitt

Download or read book Economics in One Lesson written by Henry Hazlitt and published by Crown Currency. This book was released on 2010-08-11 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.

Economic Stories For Undergrads

Author : Annavajhula J. C. Bose
Publisher : OrangeBooks Publication
ISBN 13 :
Total Pages : 332 pages
Book Rating : 4./5 ( download)

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Book Synopsis Economic Stories For Undergrads by : Annavajhula J. C. Bose

Download or read book Economic Stories For Undergrads written by Annavajhula J. C. Bose and published by OrangeBooks Publication. This book was released on 2022-05-10 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Foundations of Real-World Economics

Author : John Komlos
Publisher : Routledge
ISBN 13 : 1351584707
Total Pages : 452 pages
Book Rating : 4.3/5 (515 download)

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Book Synopsis Foundations of Real-World Economics by : John Komlos

Download or read book Foundations of Real-World Economics written by John Komlos and published by Routledge. This book was released on 2019-01-11 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Guest Lecture

Author : Martin Riker
Publisher : Grove Press
ISBN 13 : 0802160425
Total Pages : 189 pages
Book Rating : 4.8/5 (21 download)

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Book Synopsis The Guest Lecture by : Martin Riker

Download or read book The Guest Lecture written by Martin Riker and published by Grove Press. This book was released on 2023-01-24 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Global Economic History: A Very Short Introduction

Author : Robert C. Allen
Publisher : OUP Oxford
ISBN 13 : 019162053X
Total Pages : 192 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis Global Economic History: A Very Short Introduction by : Robert C. Allen

Download or read book Global Economic History: A Very Short Introduction written by Robert C. Allen and published by OUP Oxford. This book was released on 2011-09-15 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are some countries rich and others poor? In 1500, the income differences were small, but they have grown dramatically since Columbus reached America. Since then, the interplay between geography, globalization, technological change, and economic policy has determined the wealth and poverty of nations. The industrial revolution was Britain's path breaking response to the challenge of globalization. Western Europe and North America joined Britain to form a club of rich nations by pursuing four polices-creating a national market by abolishing internal tariffs and investing in transportation, erecting an external tariff to protect their fledgling industries from British competition, banks to stabilize the currency and mobilize domestic savings for investment, and mass education to prepare people for industrial work. Together these countries pioneered new technologies that have made them ever richer. Before the Industrial Revolution, most of the world's manufacturing was done in Asia, but industries from Casablanca to Canton were destroyed by western competition in the nineteenth century, and Asia was transformed into 'underdeveloped countries' specializing in agriculture. The spread of economic development has been slow since modern technology was invented to fit the needs of rich countries and is ill adapted to the economic and geographical conditions of poor countries. A few countries - Japan, Soviet Russia, South Korea, Taiwan, and perhaps China - have, nonetheless, caught up with the West through creative responses to the technological challenge and with Big Push industrialization that has achieved rapid growth through investment coordination. Whether other countries can emulate the success of East Asia is a challenge for the future. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

The Reformation in Economics

Author : Philip Pilkington
Publisher : Springer
ISBN 13 : 3319407570
Total Pages : 370 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis The Reformation in Economics by : Philip Pilkington

Download or read book The Reformation in Economics written by Philip Pilkington and published by Springer. This book was released on 2016-12-13 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book carves the beginnings of a new path in the arguably weary discipline of economics. It combines a variety of perspectives – from the history of ideas to epistemology – in order to try to understand what has gone so wrong with economics and articulate a coherent way forward. This is undertaken through a dual path of deconstruction and reconstruction. Mainstream economics is broken down into many of its key component parts and the history of each of these parts is scrutinized closely. When the flaws are thoroughly understood the author then begins the task of reconstruction. What emerges is not a ‘Grand Unified Theory of Everything’, but rather a provisional map outlining a new terrain for economists to explore. The Reformation in Economics is written in a lively and engaging style that aims less at the formalization of dogma and more at the exploration of ideas. This truly groundbreaking work invites readers to rethink their current understanding of economics as a discipline and is particularly relevant for those interested in economic pluralism and alternative economics.

The Economic Consequences of the Peace

Author : John Maynard Keynes
Publisher : Simon Publications LLC
ISBN 13 : 9781931541138
Total Pages : 312 pages
Book Rating : 4.5/5 (411 download)

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Book Synopsis The Economic Consequences of the Peace by : John Maynard Keynes

Download or read book The Economic Consequences of the Peace written by John Maynard Keynes and published by Simon Publications LLC. This book was released on 1920 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes, then a rising young economist, participated in the Paris Peace Conference in 1919 as chief representative of the British Treasury and advisor to Prime Minister David Lloyd George. He resigned after desperately trying and failing to reduce the huge demands for reparations being made on Germany. The Economic Consequences of the Peace is Keynes' brilliant and prophetic analysis of the effects that the peace treaty would have both on Germany and, even more fatefully, the world.

The Years of High Theory

Author : G. L. S. Shackle
Publisher : Cambridge University Press
ISBN 13 : 9780521062794
Total Pages : 342 pages
Book Rating : 4.0/5 (627 download)

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Book Synopsis The Years of High Theory by : G. L. S. Shackle

Download or read book The Years of High Theory written by G. L. S. Shackle and published by Cambridge University Press. This book was released on 1967-08-01 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even a decade after the end of the 1914-1918 war, economic theory assumed that the world was tranquil and orderly. By 1939 an economic slump without parallel, allied to the re-emergence of military ambition in Europe, had brought economic theorists face to face with reality. In this classic book, first published in 1967, Professor Shackle provides a study, in exact and professional language, of the precise nature, structure, presuppositions, language and inter-relations of the theories which were formulated in these fourteen years - unparalleled in the whole history of economics except perhaps by the years of the Physiocrats and Adam Smith. These theories are not prototypes on the way to something better but are of essential and permanent importance.

The Future of Capitalism

Author : Paul Collier
Publisher : HarperCollins
ISBN 13 : 0062748661
Total Pages : 369 pages
Book Rating : 4.0/5 (627 download)

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Book Synopsis The Future of Capitalism by : Paul Collier

Download or read book The Future of Capitalism written by Paul Collier and published by HarperCollins. This book was released on 2018-12-04 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bill Gates's Five Books for Summer Reading 2019 From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it. Deep new rifts are tearing apart the fabric of the United States and other Western societies: thriving cities versus rural counties, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century.

What Would the Great Economists Do?

Author : Linda Yueh
Publisher : Picador USA
ISBN 13 : 1250180538
Total Pages : 369 pages
Book Rating : 4.2/5 (51 download)

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Book Synopsis What Would the Great Economists Do? by : Linda Yueh

Download or read book What Would the Great Economists Do? written by Linda Yueh and published by Picador USA. This book was released on 2018-06-05 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: An "exploration of the life and work of world-changing thinkers--from Adam Smith to John Maynard Keynes--and how their ideas would solve the great economic problems we face today"--Amazon.com.

The Values of Economics

Author : Irene van Staveren
Publisher : Routledge
ISBN 13 : 1134548699
Total Pages : 262 pages
Book Rating : 4.1/5 (345 download)

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Book Synopsis The Values of Economics by : Irene van Staveren

Download or read book The Values of Economics written by Irene van Staveren and published by Routledge. This book was released on 2013-03-07 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his Ethics, Aristotle argued that human beings try to further a variety of values by balancing them, stating that people try to find a middle road between excess and deficiency. The author develops and applies this idea to the values of economics, arguing that in the economy; freedom, justice and care are also balanced to further ends with scarce means. Freedom is furthered through market exchange, justice through a redistributive role of the state, and care through mutual gifts of labour and sharing of resources in the economy. The book argues that economics is, and has always been, about human values, which guide, enable, constrain and change economic behaviour.