An Economist In The Real World

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An Economist in the Real World

Author : Kaushik Basu
Publisher : MIT Press
ISBN 13 : 0262029626
Total Pages : 257 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis An Economist in the Real World by : Kaushik Basu

Download or read book An Economist in the Real World written by Kaushik Basu and published by MIT Press. This book was released on 2015-10-02 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Basu writes from a unique perspectiveneither that of the career bureaucrat nor that of the traditional researcher. Plunged into the deal-making, non-hypothetical world of policymaking, Basu suffers from a kind of culture shock and views himself at first as an anthropologist or scientist, gathering observations of unfamiliar phenomena. He addresses topics that range from the macroeconomicfiscal and monetary policiesto the granulardesigning grain auctions and policies to assure everyone has access to basic food. Basu writes about globalization and India's period of unprecedented growth, and he reports that at a dinner hosted by Prime Minister Manmohan Singh, President Obama joked to him, {28}You should give this guy some tips.

Economics of the Real World

Author : Peter Donaldson
Publisher : Penguin UK
ISBN 13 :
Total Pages : 244 pages
Book Rating : 4.:/5 (43 download)

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Book Synopsis Economics of the Real World by : Peter Donaldson

Download or read book Economics of the Real World written by Peter Donaldson and published by Penguin UK. This book was released on 1984 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economics and the Real World

Author : Andrew M. Kamarck
Publisher : University of Pennsylvania Press
ISBN 13 : 1512809462
Total Pages : 176 pages
Book Rating : 4.5/5 (128 download)

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Book Synopsis Economics and the Real World by : Andrew M. Kamarck

Download or read book Economics and the Real World written by Andrew M. Kamarck and published by University of Pennsylvania Press. This book was released on 2016-11-11 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on a lifetime of distinguished work in economic research and policymaking, Andrew Kamarck details how his profession can more usefully analyze and solve economic problems by changing its basic approach to research. Kamarck contends that most economists today strive for a mathematical precision in their work that neither stems from nor leads to an accurate view of economic reality. He develops elegant critiques of key areas of economic analysis based on appreciation of scientific method and knowledge of the limitations of economic data. Concepts such as employment, market, and money supply must be seen as loose, not exact. Measurement of national income becomes highly problematic when taking into account such factors as the so-called underground economy and currency differences. World trade analysis is based on inconsistent and often inaccurate measurements. Subtle realities of the individual, social, and political worlds render largely ineffective both large-scale macroeconomics models and micro models of the consumer and the firm. Fashionable cost-benefit analysis must be recognized as inherently imprecise. Capital and investment in developing countries tend to be measured in easy but irrelevant ways. Kamarck concludes with a call for economists to involve themselves in data collection, to insist on more accurate and reliable data sources, to do analysis within the context of experience, and to take a realistic, incremental approach to policymaking. Kamarck's concerns are shared by many economists, and his eloquent presentation will be essential reading for his colleagues and for those who make use of economic research.

Economics and the Real World

Author : Joaquim Vergés
Publisher : Ethics International Press
ISBN 13 : 1804410578
Total Pages : 423 pages
Book Rating : 4.8/5 (44 download)

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Book Synopsis Economics and the Real World by : Joaquim Vergés

Download or read book Economics and the Real World written by Joaquim Vergés and published by Ethics International Press. This book was released on 2022-09-21 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics should schematically explain the key elements and main strands of this core part of social life: the actual workings of our economies. This book argues that orthodox, modern neoclassical economics does not fulfil this core task. Standard economic models do not address the real functioning of our market economies, but rather an imagined economy. While a number of books have presented a critique of traditional economic models, this book also seeks to develop an alternative model of economics inferred from observational empirical evidence. The book will be of interest to economics students and researchers; to economists; and particularly to universities and business schools teaching and researching non-traditional and ‘post-crash’ economics.

Real World Economics

Author : Edward Fullbrook
Publisher : Anthem Press
ISBN 13 : 1843312476
Total Pages : 513 pages
Book Rating : 4.8/5 (433 download)

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Book Synopsis Real World Economics by : Edward Fullbrook

Download or read book Real World Economics written by Edward Fullbrook and published by Anthem Press. This book was released on 2007 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: An engaging, important text calling for the reform of economics and pushing for the discipline to become an honest and effective tool for democracy.

Foundations of Real-World Economics

Author : John Komlos
Publisher : Taylor & Francis
ISBN 13 : 1000847853
Total Pages : 421 pages
Book Rating : 4.0/5 (8 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 Taylor & Francis. This book was released on 2023-03-20 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: • Presents many of the microeconomic and macroeconomic theories and schools of thought not generally covered in mainstream principles of economics textbooks • Each chapter starts with a short "refresher" of standard neoclassical economic modelling before demonstrating how that model is distorted by people, problems and events in the real world to provide students with a more realistic picture of how the economy works • Updates throughout and new material on populism, racism, inequality, climate change and the covid-19 pandemic • Now has online supplements: quiz questions for students and PowerPoint slides for instructors

An Economist in the Real World

Author : Kaushik Basu
Publisher : MIT Press
ISBN 13 : 026253455X
Total Pages : 257 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis An Economist in the Real World by : Kaushik Basu

Download or read book An Economist in the Real World written by Kaushik Basu and published by MIT Press. This book was released on 2017-09-08 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: An economist's perspective on the nuts and bolts of economic policymaking, based on his experience as the Chief Economic Adviser in India. In December 2009, the economist Kaushik Basu left the rarefied world of academic research for the nuts and bolts of policymaking. Appointed by the then Prime Minister of India, Manmohan Singh, to be chief economic adviser (CEA) to the Government of India, Basu—a theorist, with special interest in development economics, and a professor of economics at Cornell University—discovered the complexity of applying economic models to the real world. Effective policymaking, Basu learned, integrates technical knowledge with political awareness. In this book, Basu describes the art of economic policymaking, viewed through the lens of his two and a half years as CEA. Basu writes from a unique perspective—neither that of the career bureaucrat nor that of the traditional researcher. Plunged into the deal-making, non-hypothetical world of policymaking, Basu suffers from a kind of culture shock and views himself at first as an anthropologist or scientist, gathering observations of unfamiliar phenomena. He addresses topics that range from the macroeconomic—fiscal and monetary policies—to the granular—designing grain auctions and policies to assure everyone has access to basic food. Basu writes about globalization and India's period of unprecedented growth, and he reports that at a dinner hosted by Prime Minister Manmohan Singh, President Obama joked to him, “You should give this guy some tips”—“this guy” being Timothy Geithner. Basu describes the mixed success of India's anti-poverty programs and the problems of corruption, and considers the social norms and institutions necessary for economic development. India is, Basu argues, at an economics crossroad. As CEA from 2009 to 2012, he was present at the creation of a potential economic powerhouse.

The Economist and the Real World

Author : Arnold C. Harberger
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Economist and the Real World by : Arnold C. Harberger

Download or read book The Economist and the Real World written by Arnold C. Harberger and published by . This book was released on 1989 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Life in the Real World

Author : Charles Stafford
Publisher : Cambridge University Press
ISBN 13 : 1108483216
Total Pages : 213 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis Economic Life in the Real World by : Charles Stafford

Download or read book Economic Life in the Real World written by Charles Stafford and published by Cambridge University Press. This book was released on 2020-01-02 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brings anthropology, psychology and economics together through real examples to explore economic life and the human experience.

Nicholas Kaldor and the Real World

Author : Marjorie Shepherd Turner
Publisher : Routledge
ISBN 13 : 1315485516
Total Pages : 237 pages
Book Rating : 4.3/5 (154 download)

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Book Synopsis Nicholas Kaldor and the Real World by : Marjorie Shepherd Turner

Download or read book Nicholas Kaldor and the Real World written by Marjorie Shepherd Turner and published by Routledge. This book was released on 2016-09-16 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 1994. Nicholas Kaldor was born in Hungary in 1908 and died as Baron Kaldor of Newnham in the City of Cambridge, England, in 1986. The years between revealed no hint of scandal or psychological problems that might make Kaldor the subject of a novel. His life was, instead, a straight line of growth and achievement, of intellectual enjoyment and strong values. Kaldor's struggles were intellectual-namely, his efforts to comprehend the economics of the real world, to fit this understanding into economic theory, and to convince his fellow citizens and economists of the accuracy of his perceptions. Kaldor forces us to ponder what the relationship between economic theory and practice should be.

Foundations of Real-World Economics

Author : John Komlos
Publisher : Routledge
ISBN 13 : 1351584715
Total Pages : 292 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 292 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.

Real-World Decision Making

Author : Morris Altman
Publisher : Bloomsbury Publishing USA
ISBN 13 : 1440828164
Total Pages : 532 pages
Book Rating : 4.4/5 (48 download)

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Book Synopsis Real-World Decision Making by : Morris Altman

Download or read book Real-World Decision Making written by Morris Altman and published by Bloomsbury Publishing USA. This book was released on 2015-06-23 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first and only encyclopedia to focus on the economic and financial behaviors of consumers, investors, and organizations, including an exploration of how people make good—and bad—economic decisions. Traditional economic theories speculate how and when people should spend money. But consumers don't always behave as expected and often adopt strategies that might appear unorthodox yet are, at times, more effective than the rule prescribed by conventional wisdom. This groundbreaking text examines the ways in which people make financial decisions, whether it is because they are smart but atypical in their choices ... or just irrational decision makers. A leading authority on behavioral economics, Morris Altman and more than 150 expert contributors delve into key concepts in behavioral economics, economic psychology, behavioral finance, neuroeconomics, experimental economics, and institutional economics to help inform economic models based on reality, not theory. Through 250 informative entries, the book explores various aspects of the subject including decision making, economic analysis, and public policy. In addition to introducing concepts to readers new to the subject, the book sheds light on more advanced financial topics in a manner that is objective, comprehensive, and accessible.

Economics and the Left

Author : C.J. Polychroniou
Publisher : Verso Books
ISBN 13 : 1839763817
Total Pages : 433 pages
Book Rating : 4.8/5 (397 download)

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Book Synopsis Economics and the Left by : C.J. Polychroniou

Download or read book Economics and the Left written by C.J. Polychroniou and published by Verso Books. This book was released on 2022-03-08 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twenty-four economists discuss how they promote egalitarianism, democracy and ecological sanity through research, activism, and policy engagement Economics and the Left presents interviews with twenty-four leading progressive economists. All of these practitioners of the “dismal science” are dedicated to both interpreting the world and changing it for the better. The result is a combustible brew of ideas and reflections on major historical events, including the Covid-19 pandemic and its impact on the global economy. Interviewed are: Michael Ash, Nelson Henrique Barbosa Filho, James K. Boyce, Ha-Joon Chang, Jane D’Arista, Diane Elson, Gerald Epstein, Nancy Folbre, James K. Galbraith, Teresa Ghilarducci, Jayati Ghosh, Ilene Grabel, Costas Lapavitsas, Zhongjin Li, William Milberg, Léonce Ndikumana, Ozlem Onaran, Robert Pollin, Malcolm Sawyer, Juliet Schor, Anwar Shaikh, William Spriggs, Fiona Tregenna and Thomas Weisskopf.

Economics in the real world

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (14 download)

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Book Synopsis Economics in the real world by :

Download or read book Economics in the real world written by and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

An Economist’s Miscellany

Author : Kaushik Basu
Publisher : Oxford University Press
ISBN 13 : 0190990104
Total Pages : 385 pages
Book Rating : 4.1/5 (99 download)

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Book Synopsis An Economist’s Miscellany by : Kaushik Basu

Download or read book An Economist’s Miscellany written by Kaushik Basu and published by Oxford University Press. This book was released on 2019-10-10 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: ‘Philosophy has to be deductive, poetry romantic, plays and fiction humorous, and politics intriguing if they are to catch my attention,’ writes Kaushik Basu. All these interests are on display in An Economist’s Miscellany, which brings together an eclectic collection of writings on the world of academe, politics, policy, travel, and more. This book offers unique glimpses of the author’s engagement with the world: his opinions on contemporary policies and economic issues; his exploration of different parts of the world; and his reflections on people, ideas, and books that have influenced him. An Economist’s Miscellany also puts on display his literary forays—translations of two hilarious Bengali short stories and a four-act play on academe, love, and cultural misunderstandings. This second and much-expanded edition of the book features a new set of essays that reflects the author’s dual perspective of the world: one from the groves of academe and one from the olicymaker’s perch. In the world of policymaking, he was not just an observer but an active participant, and many of the new essays dwell on ideas gathered from this hands-on engagement.

Real World Economics

Author : Christopher Huhne
Publisher : MacMillan Publishing Company
ISBN 13 :
Total Pages : 352 pages
Book Rating : 4.:/5 (44 download)

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Book Synopsis Real World Economics by : Christopher Huhne

Download or read book Real World Economics written by Christopher Huhne and published by MacMillan Publishing Company. This book was released on 1990 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of economic essays, arranged thematically into chapters, on key issues of public concern and policy. This book explains the economics of the National Health Service and the top rate tax cuts, the education reforms, the house price boom, the poll tax and the balance of payments crisis.

Principles of Microeconomics

Author : Mateer, Dirk
Publisher : W.W. Norton & Company
ISBN 13 : 0393872300
Total Pages : 14 pages
Book Rating : 4.3/5 (938 download)

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Book Synopsis Principles of Microeconomics by : Mateer, Dirk

Download or read book Principles of Microeconomics written by Mateer, Dirk and published by W.W. Norton & Company. This book was released on 2021-05-01 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Students and instructors are living through a pandemic that has changed how and what they teach, and how and where they learn. The COVID-19 Update of Principles of Economics, Third Edition, provides the information that students need to make sense of the impacts COVID-19 has had on the economy. The Update Edition has been completely revised to include new examples, new data, new policies, and more. All of NortonÕs digital resources fully integrate with most learning management systems, providing the flexibility instructors need in this changed world.