Dismal Science

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The Dismal Science

Author : Stephen A. Marglin
Publisher : Harvard University Press
ISBN 13 : 9780674026544
Total Pages : 384 pages
Book Rating : 4.0/5 (265 download)

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Book Synopsis The Dismal Science by : Stephen A. Marglin

Download or read book The Dismal Science written by Stephen A. Marglin and published by Harvard University Press. This book was released on 2008 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: See "Stephen Marglin on the Future of Capitalism" at FORA.tv. Economists celebrate the market as a device for regulating human interaction without acknowledging that their enthusiasm depends on a set of half-truths: that individuals are autonomous, self-interested, and rational calculators with unlimited wants and that the only community that matters is the nation-state. However, as Stephen Marglin argues, market relationships erode community. In the past, for example, when a farm family experienced a setback--say the barn burned down--neighbors pitched in. Now a farmer whose barn burns down turns, not to his neighbors, but to his insurance company. Insurance may be a more efficient way to organize resources than a community barn raising, but the deep social and human ties that are constitutive of community are weakened by the shift from reciprocity to market relations. Marglin dissects the ways in which the foundational assumptions of economics justify a world in which individuals are isolated from one another and social connections are impoverished as people define themselves in terms of how much they can afford to consume. Over the last four centuries, this economic ideology has become the dominant ideology in much of the world. Marglin presents an account of how this happened and an argument for righting the imbalance in our lives that this ideology has fostered.

The Dismal Science

Author : Peter Mountford
Publisher : Tin House Books
ISBN 13 : 1935639722
Total Pages : 281 pages
Book Rating : 4.9/5 (356 download)

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Book Synopsis The Dismal Science by : Peter Mountford

Download or read book The Dismal Science written by Peter Mountford and published by Tin House Books. This book was released on 2014-01-28 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Dismal Science tells of a middle-aged vice president at the World Bank, Vincenzo D’Orsi, who publicly quits his job over a seemingly minor argument with a colleague. A scandal inevitably ensues, and he systematically burns every bridge to his former life. After abandoning his career, Vincenzo, a recent widower, is at a complete loss as to what to do with himself. The story follows his efforts to rebuild his identity without a vocation or the company of his wife. An exploration of the fragile nature of identity, The Dismal Science reveals the terrifying speed with which a person’s sense of self can be annihilated. It is at once a study of a man attempting to apply his reason to the muddle of life and a book about how that same ostensible rationality, and the mathematics of finance in particular, operates—with similarly dubious results—in our world.

Economics Rules: The Rights and Wrongs of the Dismal Science

Author : Dani Rodrik
Publisher : W. W. Norton & Company
ISBN 13 : 0393246426
Total Pages : 272 pages
Book Rating : 4.3/5 (932 download)

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Book Synopsis Economics Rules: The Rights and Wrongs of the Dismal Science by : Dani Rodrik

Download or read book Economics Rules: The Rights and Wrongs of the Dismal Science written by Dani Rodrik and published by W. W. Norton & Company. This book was released on 2015-10-13 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A hugely valuable contribution. . . . In setting out a defence of the best in economics, Rodrik has also provided a goal for the discipline as a whole.” —Martin Sandbu, Financial Times In the wake of the financial crisis and the Great Recession, economics seems anything but a science. In this sharp, masterfully argued book, Dani Rodrik, a leading critic from within, takes a close look at economics to examine when it falls short and when it works, to give a surprisingly upbeat account of the discipline. Drawing on the history of the field and his deep experience as a practitioner, Rodrik argues that economics can be a powerful tool that improves the world—but only when economists abandon universal theories and focus on getting the context right. Economics Rules argues that the discipline's much-derided mathematical models are its true strength. Models are the tools that make economics a science. Too often, however, economists mistake a model for the model that applies everywhere and at all times. In six chapters that trace his discipline from Adam Smith to present-day work on globalization, Rodrik shows how diverse situations call for different models. Each model tells a partial story about how the world works. These stories offer wide-ranging, and sometimes contradictory, lessons—just as children’s fables offer diverse morals. Whether the question concerns the rise of global inequality, the consequences of free trade, or the value of deficit spending, Rodrik explains how using the right models can deliver valuable new insights about social reality and public policy. Beyond the science, economics requires the craft to apply suitable models to the context. The 2008 collapse of Lehman Brothers challenged many economists' deepest assumptions about free markets. Rodrik reveals that economists' model toolkit is much richer than these free-market models. With pragmatic model selection, economists can develop successful antipoverty programs in Mexico, growth strategies in Africa, and intelligent remedies for domestic inequality. At once a forceful critique and defense of the discipline, Economics Rules charts a path toward a more humble but more effective science.

Gender and the Dismal Science

Author : Ann Mari May
Publisher : Columbia University Press
ISBN 13 : 0231550049
Total Pages : 147 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Gender and the Dismal Science by : Ann Mari May

Download or read book Gender and the Dismal Science written by Ann Mari May and published by Columbia University Press. This book was released on 2022-07-05 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economics profession is belatedly confronting glaring gender inequality. Women are systematically underrepresented throughout the discipline, and those who do embark on careers in economics find themselves undermined in any number of ways. Women in the field report pervasive biases and barriers that hinder full and equal participation—and these obstacles take an even greater toll on women of color. How did economics become such a boys’ club, and what lessons does this history hold for attempts to achieve greater equality? Gender and the Dismal Science is a groundbreaking account of the role of women during the formative years of American economics, from the late nineteenth century into the postwar period. Blending rich historical detail with extensive empirical data, Ann Mari May examines the structural and institutional factors that excluded women, from graduate education to academic publishing to university hiring practices. Drawing on material from the archives of the American Economic Association along with novel data sets, she details the vicissitudes of women in economics, including their success in writing monographs and placing journal articles, their limitations in obtaining academic positions, their marginalization in professional associations, and other hurdles that the professionalization of the discipline placed in their path. May emphasizes the formation of a hierarchical culture of status seeking that stymied women’s participation and shaped what counts as knowledge in the field to the advantage of men. Revealing the historical roots of the homogeneity of economics, this book sheds new light on why biases against women persist today.

A Not-so-dismal Science

Author : Mancur Olson
Publisher : OUP Oxford
ISBN 13 : 0191522147
Total Pages : 287 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis A Not-so-dismal Science by : Mancur Olson

Download or read book A Not-so-dismal Science written by Mancur Olson and published by OUP Oxford. This book was released on 2000-01-06 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern economics is like a metropolitan area. Economists' ideas about business and markets are like the magnificent buildings of the city centre. Yet most growth and prosperity is in the suburbs — lately many of economics' greatest successes have been outside the traditional boundaries of the discipline. In the study of law, economic ideas have been the intellectual focus and `law and economics' has become a major field. In the study of politics, economists and political scientists using economics-type methods are uniquely influential. In sociology and history, economics has had a smaller but growing influence through `rational choice sociology' and `cliometrics'. The influence of the economists type thinking in other social sciences is bringing about a theoretical integration of all the social sciences under one overarching paradigm. The chapters of the book illustrate the intellectual advances that account for this unified view of economies and societies.

Naked Economics: Undressing the Dismal Science (Fully Revised and Updated)

Author : Charles Wheelan
Publisher : W. W. Norton & Company
ISBN 13 : 0393337642
Total Pages : 385 pages
Book Rating : 4.3/5 (933 download)

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Book Synopsis Naked Economics: Undressing the Dismal Science (Fully Revised and Updated) by : Charles Wheelan

Download or read book Naked Economics: Undressing the Dismal Science (Fully Revised and Updated) written by Charles Wheelan and published by W. W. Norton & Company. This book was released on 2010-04-19 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seeks to provide an engaging and comprehensive primer to economics that explains key concepts without technical jargon and using common-sense examples.

Economics Rules

Author : Dani Rodrik
Publisher : Oxford University Press, USA
ISBN 13 : 0198736894
Total Pages : 268 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis Economics Rules by : Dani Rodrik

Download or read book Economics Rules written by Dani Rodrik and published by Oxford University Press, USA. This book was released on 2015 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: A leading economist trains a lens on his own discipline to uncover when it fails and when it works.

An Economist’s Lessons on Happiness

Author : Richard A. Easterlin
Publisher : Springer Nature
ISBN 13 : 3030619621
Total Pages : 184 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis An Economist’s Lessons on Happiness by : Richard A. Easterlin

Download or read book An Economist’s Lessons on Happiness written by Richard A. Easterlin and published by Springer Nature. This book was released on 2021-03-01 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Once called the “dismal science,” economics now offers prescriptions for improving people’s happiness. In this book Richard Easterlin, the “father of happiness economics,” draws on a half-century of his own research and that conducted by fellow economists and psychologists to answer in plain language questions like: Can happiness be measured? Will more money make me happier? What about finding a partner? Getting married? Having a baby? More exercise? Does religion help? Who is happier—women or men, young or old, rich or poor? How does happiness change as we go through different stages of life? Public policy is also in the mix: Can the government increase people’s happiness? Should the government increase their happiness? Which countries are the happiest and why? Does a country need to be rich to be happy? Does economic growth improve the human lot? Some of the answers are surprising (no, more money won’t do the trick; neither will economic growth; babies are a mixed blessing!), but they are all based on reason and well-vetted evidence from the fields of economics and psychology. In closing, Easterlin traces the genesis of the ongoing “Happiness Revolution” and considers its implications for people’s lives down the road.

How the Dismal Science Got Its Name

Author : David M. Levy
Publisher : University of Michigan Press
ISBN 13 : 9780472089055
Total Pages : 340 pages
Book Rating : 4.0/5 (89 download)

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Book Synopsis How the Dismal Science Got Its Name by : David M. Levy

Download or read book How the Dismal Science Got Its Name written by David M. Levy and published by University of Michigan Press. This book was released on 2001 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: A shocking account of how economics became known as the dismal science

Entrepreneurial Economics

Author : Alexander Tabarrok
Publisher : Oxford University Press, USA
ISBN 13 : 0195150287
Total Pages : 329 pages
Book Rating : 4.1/5 (951 download)

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Book Synopsis Entrepreneurial Economics by : Alexander Tabarrok

Download or read book Entrepreneurial Economics written by Alexander Tabarrok and published by Oxford University Press, USA. This book was released on 2002 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: This intriguing collection is designed to show how economists can play a more active role in designing and directing the nation's social institutions. By taking the task of political economy seriously, the contributors (including some of today's most distinguished economists) reveal the power of economic thought to offer innovative solutions to some of the most difficult problems facing society today. By creating markets where none existed before, the authors propose efficient, reliable, and profitable improvements to current systems of health insurance, financial markets, human organ distribution, judicial practice, bankruptcy and securities regulation, patenting, and transportation. Written in the entrepreneurial spirit, these essays show economics to be an ambitious, dynamic, and far-from-dismal science.

Buddhist Economics

Author : Clair Brown
Publisher : Bloomsbury Publishing USA
ISBN 13 : 1632863669
Total Pages : 225 pages
Book Rating : 4.6/5 (328 download)

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Book Synopsis Buddhist Economics by : Clair Brown

Download or read book Buddhist Economics written by Clair Brown and published by Bloomsbury Publishing USA. This book was released on 2017-02-21 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the tradition of E. F. Schumacher's Small Is Beautiful, renowned economist Clair Brown argues persuasively for a new economics built upon equality, sustainability, and right living. "Buddhist Economics will give guidance to all those who seek peace, fairness, and environmental sustainability." —Jeffrey Sachs, author of The Age of Sustainable Development. Traditional economics measures the ways in which we spend our income, but doesn't attribute worth to the crucial human interactions that give our lives meaning. Clair Brown, an economics professor at U.C. Berkeley and a practicing Buddhist, has developed a holistic model, one based on the notion that quality of life should be measured by more than national income. Brown advocates an approach to organizing the economy that embraces rather than skirts questions of values, sustainability, and equity. Complementing the award-winning work of Jeffrey Sachs and Bill McKibben, and the paradigm-breaking spirit of Amartya Sen, Robert Reich, and Thomas Piketty, Brown incorporates the Buddhist emphasis on interdependence, shared prosperity, and happiness into her vision for a sustainable and compassionate world. Buddhist economics leads us to think mindfully as we go about our daily activities, and offers a way to appreciate how our actions affect the well-being of those around us. By replacing the endless cycle of desire with more positive collective activities, we can make our lives more meaningful as well as happier. Inspired by the popular course Professor Brown teaches at U.C. Berkeley, Buddhist Economics represents an enlightened approach to our modern world infused with ancient wisdom, with benefits both personal and global, for generations to come.

What's the Use of Economics?

Author : Diane Coyle
Publisher : London School of Economics and Political Science
ISBN 13 : 9781907994043
Total Pages : 197 pages
Book Rating : 4.9/5 (94 download)

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Book Synopsis What's the Use of Economics? by : Diane Coyle

Download or read book What's the Use of Economics? written by Diane Coyle and published by London School of Economics and Political Science. This book was released on 2012 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: The gap between important real-word problems and the workhorse mathematical model-based economics being taught to students has become a chasm. This book examines what economists need to bring to their jobs, and the way in which economics education in universities could be improved to fit them better for the real world.

The Accidental Theorist: And Other Dispatches from the Dismal Science

Author : Paul Krugman
Publisher : W. W. Norton & Company
ISBN 13 : 0393071111
Total Pages : 204 pages
Book Rating : 4.3/5 (93 download)

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Book Synopsis The Accidental Theorist: And Other Dispatches from the Dismal Science by : Paul Krugman

Download or read book The Accidental Theorist: And Other Dispatches from the Dismal Science written by Paul Krugman and published by W. W. Norton & Company. This book was released on 2010-02-18 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Everything Mr. Krugman has to say is smart, important and even fun to read . . . he is one of a handful of very bright, relatively young economists who do everything well." — Peter Passell, New York Times Book Review In this wonderfully cohesive set of sharp and witty essays, Paul Krugman tackles bad economic ideas from across the political spectrum. In plain English, he enlightens us on the Asian crisis, corporate downsizing, and the globalization of the American economy, among other topics. The writing here brilliantly combines the acerbic style and clever analysis that has made Krugman famous. Imagine declaring New York its own country and you get a better picture of our trade balance with China and Hong Kong. Try reducing the economy to the production of hot dogs and buns and you’ll understand why common beliefs about the impact of production efficiency on labor demand are wrong. This is a collection that will amuse, provoke, and enlighten, in classic Paul Krugman style. "[Paul Krugman] writes better than any economist since John Maynard Keynes." — Rob Norton, Fortune "[Paul Krugman is] probably the most creative economist of his generation." — The Economist Winner of the John Bates Clark Medal

Economics of the Undead

Author : Glen Whitman
Publisher : Rowman & Littlefield
ISBN 13 : 1442235039
Total Pages : 299 pages
Book Rating : 4.4/5 (422 download)

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Book Synopsis Economics of the Undead by : Glen Whitman

Download or read book Economics of the Undead written by Glen Whitman and published by Rowman & Littlefield. This book was released on 2014-07-17 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether preparing us for economic recovery after the zombie apocalypse, analyzing vampire investment strategies, or illuminating the market forces that affect vampire-human romances, Economics of the Undead: Zombies, Vampires, and the Dismal Science gives both seasoned economists and layman readers something to sink their teeth into. Undead characters have terrified popular audiences for centuries, but when analyzed closely, their behaviors and stories—however farfetched—mirror our own in surprising ways. The essays collected in this book are as humorous as they are thoughtful, as culturally relevant as they are economically sound, and provide an accessible link between a popular culture phenomenon and the key concepts necessary to building one’s understanding of economic systems big and small. It is the first book to apply and combine economics and our society’s fascination with the undead, and is an invaluable resource for those looking to learn economic fundamentals in a fun and innovative way. Contributions by: Kyle William Bishop, Eleanor Brown, Ian Chadd, Darwynn Deyo, Steven Horwitz, Daniel Farhat, Jean-Baptiste Fleury, Enrique Guerra-Pujol, Brian Hollar, Sebastien Lecou, Joseph Mandarino, Alain Marciano, Fabien Medvecky, David T. Mitchell, Michael O’Hara, M. Christine Phillips, A. Lynn Phillips, G. Michael Phillips, Lorna Piatti-Farnell, Robert Prga, Hollis Robbins, Sarah Skwire, Ilya Somin, David Tufte, Mary Jo Tufte, and Charlotte Weil

Bettering Humanomics

Author : Deirdre Nansen McCloskey
Publisher : University of Chicago Press
ISBN 13 : 0226826511
Total Pages : 158 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis Bettering Humanomics by : Deirdre Nansen McCloskey

Download or read book Bettering Humanomics written by Deirdre Nansen McCloskey and published by University of Chicago Press. This book was released on 2023-06-05 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deirdre Nansen McCloskey's latest meticulous work examines how economics can become a more "human" science. Economic historian Deirdre Nansen McCloskey has distinguished herself through her writing on the Great Enrichment and the betterment of the poor—not just materially but spiritually. In Bettering Humanomics she continues her intellectually playful yet rigorous analysis with a focus on humans rather than the institutions. Going against the grain of contemporary neo-institutional and behavioral economics which privilege observation over understanding, she asserts her vision of “humanomics,” which draws on the work of Bart Wilson, Vernon Smith, and most prominently, Adam Smith. She argues for an economics that uses a comprehensive understanding of human action beyond behaviorism. McCloskey clearly articulates her points of contention with believers in “imperfections,” from Samuelson to Stiglitz, claiming that they have neglected scientific analysis in their haste to diagnose the ills of the system. In an engaging and erudite manner, she reaffirms the global successes of market-tested betterment and calls for empirical investigation that advances from material incentives to an awareness of the human within historical and ethical frameworks. Bettering Humanomics offers a critique of contemporary economics and a proposal for an economics as a better human science.

Naked Economics: Undressing the Dismal Science

Author : Charles Wheelan
Publisher : W. W. Norton & Company
ISBN 13 : 0393324869
Total Pages : 385 pages
Book Rating : 4.3/5 (933 download)

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Book Synopsis Naked Economics: Undressing the Dismal Science by : Charles Wheelan

Download or read book Naked Economics: Undressing the Dismal Science written by Charles Wheelan and published by W. W. Norton & Company. This book was released on 2003-09-17 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seeks to provide an engaging and comprehensive primer to economics that explains key concepts without technical jargon and using common-sense examples.

Cogs and Monsters

Author : Diane Coyle
Publisher : Princeton University Press
ISBN 13 : 0691231044
Total Pages : 272 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Cogs and Monsters by : Diane Coyle

Download or read book Cogs and Monsters written by Diane Coyle and published by Princeton University Press. This book was released on 2023-04-11 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: How economics needs to change to keep pace with the twenty-first century and the digital economy Digital technology, big data, big tech, machine learning, and AI are revolutionizing both the tools of economics and the phenomena it seeks to measure, understand, and shape. In Cogs and Monsters, Diane Coyle explores the enormous problems—but also opportunities—facing economics today and examines what it must do to help policymakers solve the world’s crises, from pandemic recovery and inequality to slow growth and the climate emergency. Mainstream economics, Coyle says, still assumes people are “cogs”—self-interested, calculating, independent agents interacting in defined contexts. But the digital economy is much more characterized by “monsters”—untethered, snowballing, and socially influenced unknowns. What is worse, by treating people as cogs, economics is creating its own monsters, leaving itself without the tools to understand the new problems it faces. In response, Coyle asks whether economic individualism is still valid in the digital economy, whether we need to measure growth and progress in new ways, and whether economics can ever be objective, since it influences what it analyzes. Just as important, the discipline needs to correct its striking lack of diversity and inclusion if it is to be able to offer new solutions to new problems. Filled with original insights, Cogs and Monsters offers a road map for how economics can adapt to the rewiring of society, including by digital technologies, and realize its potential to play a hugely positive role in the twenty-first century.