Economics and Reality

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Publisher : Psychology Press
ISBN 13 : 9780415154208
Total Pages : 388 pages
Book Rating : 4.1/5 (542 download)

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Book Synopsis Economics and Reality by : Tony Lawson

Download or read book Economics and Reality written by Tony Lawson and published by Psychology Press. This book was released on 1997 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses and critiques the current practice of economics.

Modern Classical Economics and Reality

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Publisher : Springer
ISBN 13 : 4431550046
Total Pages : 242 pages
Book Rating : 4.4/5 (315 download)

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Book Synopsis Modern Classical Economics and Reality by : Theodore Mariolis

Download or read book Modern Classical Economics and Reality written by Theodore Mariolis and published by Springer. This book was released on 2016-01-13 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an in-depth, novel, and mathematically rigorous treatment of the modern classical theory of value based on the spectral analysis of the price–profit–wage rate system. The classical theory is also subjected to empirical testing to show its logical consistency and explanatory content with respect to observed phenomena and key economic policy issues related to various multiplier processes. In this context, there is an examination of the trajectories of relative prices when the distributive variables change, both theoretically and empirically, using actual input–output data from a number of quite divers e economies. It is suggested that the actual economies do not behave like the parable of a one-commodity world of the traditional neoclassical theory, which theorizes the relative scarcities of “goods and production factors” as the fundamental determinants of relative prices and their movement. By contrast, the results of the empirical analysis are fully consistent with the modern classical theory, which makes the intersectoral structure of production and the way in which net output is distributed amongst its claimants the fundamental determinants of price magnitudes. At the same time, however, these results indicate that only a few vertically integrated industries (“industry core” or “hyper-basic industries”) are enough to shape the behaviour of the entire economy in the case of a disturbance. This fact is reduced to the skew distribution of the eigenvalues of the matrices of vertically integrated technical coefficients and reveals that, across countries and over time, the effective dimensions of actual economies are surprisingly low. Normal 0 false false false EN-US JA X-NONE />

The Foundations of Economics

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Publisher : Springer Science & Business Media
ISBN 13 : 3642773184
Total Pages : 357 pages
Book Rating : 4.6/5 (427 download)

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Book Synopsis The Foundations of Economics by : Walter Eucken

Download or read book The Foundations of Economics written by Walter Eucken and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: THE FIRST GERMAN edition of this book appeared in 1940. Since then the book has gone through five more editions and has been translated into Spanish and Italian. The present English translation is based on the sixth German edition. The author was Professor of Economics at the University of Freiburg, Germany. Professor Eucken was a student at a time when the Historical School dominated the teaching of econo mics at the German universities. Although, at the beginning of his career, he did some work along the lines of the Historical School, neither the ~ims nor the methods of historical research the field of economics as practised by the representatives in of the Historical School satisfied him; and the fact that the members of this school were unable to explain the causes of economic events such as the German inflation after World War I was an added reason for him to turn to economic theory. He became, among German economists, the foremost opponent of the Historical School, which he criticised in several publica tions. Through his wrItings and his teaching he contributed his share to the revival of interest in economic theory which was noticeable in the 'twenties. And he was one of the few economists left in Germany who helped to keep this interest alive during the 'thirties and during World War II. During this time he published Kapitaltheoretische Untersuchungen (1936), and the present volume, which immediately gave rise to an extensive discussion in German economic journals.

Reorienting Economics

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Publisher : Routledge
ISBN 13 : 113452594X
Total Pages : 406 pages
Book Rating : 4.1/5 (345 download)

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Book Synopsis Reorienting Economics by : Tony Lawson

Download or read book Reorienting Economics written by Tony Lawson and published by Routledge. This book was released on 2012-08-21 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contemporary economics is characterized by a mismatch between its methods of analysis and the nature of the world it seeks to interpret. Despite regular economic crises and ongoing critique of the discipline, the drift from political economy into applied mathematics appears to continue unabated. In this book, Tony Lawson advocates a relignment of economics with social reality. In analyzing mainstream economists' misplaced universality, the author places ontology at the heart of a reoriented future in which economics is integrated within the wider human and social sciences.

Reason and Reality in the Methodologies of Economics

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Reason and Reality in the Methodologies of Economics by : Glenn Fox

Download or read book Reason and Reality in the Methodologies of Economics written by Glenn Fox and published by Edward Elgar Publishing. This book was released on 1997 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to the major schools of thought in economics. Examines the scientific status of economics from the perspective of practicing economists, studying how economists evaluate theories, the relationship between theories and the phenomena they are supposed to represent, and the philosophy, methodology, and scientific credentials of economics. Surveys five influential schools of thought in the methodology of economics, and discusses the purposes of economic inquiry and legitimate sources of economic knowledge. For students and scholars of economics, philosophy, and economic methodology. Annotation copyrighted by Book News, Inc., Portland, OR

Reality and Rhetoric

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Publisher : Harvard University Press
ISBN 13 : 9780674749474
Total Pages : 200 pages
Book Rating : 4.7/5 (494 download)

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Book Synopsis Reality and Rhetoric by : P. T. Bauer

Download or read book Reality and Rhetoric written by P. T. Bauer and published by Harvard University Press. This book was released on 1984 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reality and Rhetoric is the culmination of P. T. Bauer's observations and reflections on Third World economies over a period of thirty years. He critically examines the central issues of market versus centrally planned economies, industrial development, official direct and multinational resource transfers to the Third World, immigration policy in the Third World, and economic methodology. In addition, he has written a fascinating account of recent papal doctrine on income inequality and redistribution in the Third World. The major themes that emerge are the importance of non-economic variables, particularly people's aptitudes and mores, to economic growth; the unfortunate results of some current methods of economics; the subtle but important effects of the exchange economy on development; and the politicization of economic life in the Third World. As in Bauer's previous writings, this book is marked by elegant prose, apt examples, a broad economic-historical perspective, and the masterful use of informal reasoning.

Platform Economics

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Publisher : Emerald Group Publishing
ISBN 13 : 1787439852
Total Pages : 216 pages
Book Rating : 4.7/5 (874 download)

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Book Synopsis Platform Economics by : Cristiano Codagnone

Download or read book Platform Economics written by Cristiano Codagnone and published by Emerald Group Publishing. This book was released on 2018-11-23 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Platform Economics tackles head on the rhetoric surrounding the so-called 'sharing economy' which has muddied public debate and has contributed to a lack of policy and regulatory intervention.

Economics Unmasked

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Publisher : Bloomsbury Publishing
ISBN 13 : 0857840320
Total Pages : 304 pages
Book Rating : 4.8/5 (578 download)

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Book Synopsis Economics Unmasked by : Manfred Max-Neef

Download or read book Economics Unmasked written by Manfred Max-Neef and published by Bloomsbury Publishing. This book was released on 2011-08-30 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: An inspiring outline of a new economics system, where justice, human dignity, compassion and reverence for life are the guiding values. The economic system under which we live not only forces the great majority of humankind to live their lives in indignity and poverty but also threatens all forms of life on Earth. Economics Unmasked presents a cogent critique of the dominant economic system, showing that the theoretical constructions of mainstream economics work mainly to bring about injustice. The merciless onslaught on the global ecosystem of recent decades, brought about by the massive increase in the production of goods and the consequent depletion of nature's reserves, is not a chance property of the economic system. It is a direct result of neoliberal economic thinking, which recognizes value only in material things. The growth obsession is not a mistaken conception that mainstream economists can unlearn, it is inherent in their view of life. But a socio-economic system based on the growth obsession can never be sustainable. This book outlines the foundations of a new economics, where we are not ruled by greed and injustice. Contrary to the absurd assumption of mainstream economists that economics is a value-free science, a new economics must make its values explicit.

Economic Theory Vs Economic Reality

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Publisher :
ISBN 13 :
Total Pages : 226 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Economic Theory Vs Economic Reality by : Helmut Arndt

Download or read book Economic Theory Vs Economic Reality written by Helmut Arndt and published by . This book was released on 1984 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economics versus Reality

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Publisher : Routledge
ISBN 13 : 1351295675
Total Pages : 337 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Economics versus Reality by : John Legge

Download or read book Economics versus Reality written by John Legge and published by Routledge. This book was released on 2017-09-08 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: John M. Legge shows the many ways in which the real world diverges from economics textbooks. He argues that mainstream economic theory took a disastrous turn 140 years ago, when it attempted to use calculus to explain human behaviour. A real economy involves people who are not variables in equations. This error led to a second, mainstream economics becoming obsessed with equilibrium. However, constant change is the reality and one cannot explain the present without understanding the path taken to get here. This book presents economics in historical context. It includes a short account of the contributions by some of the key figures in economic theory, starting with Adam Smith. Smith placed great weight on morality: he believed that economic activity took place in a society and could not be justified except insofar as it advanced the interests of that society. Too many economists have come to believe that the interests of society can be measured by a number: that if a policy change raises GDP it is justified, whatever its impact on people.Legge places the economy within society, and society within the environment, explaining that every significant decision has a social and environmental impact, as well as an economic dimension. Seeking to provide answers to students, professional business managers, and those interested in the political process, this work addresses the gap between theory and reality.

J Is for Junk Economics

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Publisher :
ISBN 13 : 9783981484250
Total Pages : pages
Book Rating : 4.4/5 (842 download)

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Book Synopsis J Is for Junk Economics by : Michael Hudson

Download or read book J Is for Junk Economics written by Michael Hudson and published by . This book was released on 2017-02-21 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A companion and follow-up to KILLING THE HOST: HOW FINANCIAL PARASITES AND DEBT DESTROY THE GLOBAL ECONOMY. J IS FOR JUNK ECONOMICS pulls back the curtain on the vocabulary and terms of today's tunnel-visioned, overly-mathematized economic lexicon.

The End of Growth

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Publisher : Rudolf Steiner Press
ISBN 13 : 1905570511
Total Pages : 404 pages
Book Rating : 4.9/5 (55 download)

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Book Synopsis The End of Growth by : Richard Heinberg

Download or read book The End of Growth written by Richard Heinberg and published by Rudolf Steiner Press. This book was released on 2012-07-09 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists insist that recovery is at hand, yet unemployment remains high, real estate values continue to drop, and governments stagger under record deficits. The End of Growth proposes a startling diagnosis: humanity has reached a fundamental turning point in its economic history. The expansionary trajectory of industrial civilization is colliding with non-negotiable, natural limits. Richard Heinberg's latest landmark work goes to the heart of the ongoing financial crisis, explaining how and why it occurred, and what we must do to avert the worst potential outcomes. Written in an engaging, highly readable style, it shows why growth is being blocked by three factors: Resource depletion; Environmental impacts, and; Crushing levels of debt. These converging limits will force us to re-evaluate cherished economic theories, and to reinvent money and commerce. The End of Growth describes what policy makers, communities and families can do to build a new economy that operates within Earth's budget of energy and resources. We can thrive during the transition if we set goals that promote human and environmental well-being, rather than continuing to pursue the now-unattainable prize of ever-expanding Gross Domestic Product.

Models and Reality in Economics

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Publisher :
ISBN 13 : 9781858985756
Total Pages : 236 pages
Book Rating : 4.9/5 (857 download)

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Book Synopsis Models and Reality in Economics by : Steven Rappaport

Download or read book Models and Reality in Economics written by Steven Rappaport and published by . This book was released on 1998 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work addresses philosophy in economics and the conduct of inquiry into economics (What do economists do, and what is economics about?). It opens with a discussion of the work of McCloskey and rhetorical approaches to understanding economics, going on to ask, Is economics a science'.

Critical Realism in Economics

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Publisher : Psychology Press
ISBN 13 : 9780415195683
Total Pages : 292 pages
Book Rating : 4.1/5 (956 download)

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Book Synopsis Critical Realism in Economics by : Steve Fleetwood

Download or read book Critical Realism in Economics written by Steve Fleetwood and published by Psychology Press. This book was released on 1999 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a collection of articles previously published in the Review of Social Economy (1996) and in Ekonomia (1997). These articles extend insights from critical realism into the fields of economic methodology and economic theory in such a way as to open up new forms of investigation in economics and transform the nature of economic reasoning. It is argued that the specific value of this approach is that it directs attention to the structures and capacities that explain the observed phenomena of economic life. This volume includes papers from authors critical of this approach, as well as from those who discuss its full implications for contemporary economics. Paper edition (19568-3), $27.99. Annotation copyrighted by Book News, Inc., Portland, OR

Energy and the Wealth of Nations

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Publisher : Springer
ISBN 13 : 3319662198
Total Pages : 511 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Energy and the Wealth of Nations by : Charles A.S. Hall

Download or read book Energy and the Wealth of Nations written by Charles A.S. Hall and published by Springer. This book was released on 2018-03-05 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this updated edition of a groundbreaking text, concepts such as energy return on investment (EROI) provide powerful insights into the real balance sheets that drive our “petroleum economy.” Hall and Klitgaard explore the relation between energy and the wealth explosion of the 20th century, and the interaction of internal limits to growth found in the investment process and rising inequality with the biophysical limits posed by finite energy resources. The authors focus attention on the failure of markets to recognize or efficiently allocate diminishing resources, the economic consequences of peak oil, the high cost and relatively low EROI of finding and exploiting new oil fields, including the much ballyhooed shale plays and oil sands, and whether alternative energy technologies such as wind and solar power can meet the minimum EROI requirements needed to run society as we know it. For the past 150 years, economics has been treated as a social science in which economies are modeled as a circular flow of income between producers and consumers. In this “perpetual motion” of interactions between firms that produce and households that consume, little or no accounting is given of the flow of energy and materials from the environment and back again. In the standard economic model, energy and matter are completely recycled in these transactions, and economic activity is seemingly exempt from the Second Law of Thermodynamics. As we enter the second half of the age of oil, when energy supplies and the environmental impacts of energy production and consumption are likely to constrain economic growth, this exemption should be considered illusory at best. This book is an essential read for all scientists and economists who have recognized the urgent need for a more scientific, empirical, and unified approach to economics in an energy-constrained world, and serves as an ideal teaching text for the growing number of courses, such as the authors’ own, on the role of energy in society.

The Reformation in Economics

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Publisher : Springer
ISBN 13 : 3319407570
Total Pages : 368 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 368 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.

Blockchain Economics: Implications Of Distributed Ledgers - Markets, Communications Networks, And Algorithmic Reality

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Author :
Publisher : World Scientific
ISBN 13 : 1786346400
Total Pages : 320 pages
Book Rating : 4.7/5 (863 download)

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Book Synopsis Blockchain Economics: Implications Of Distributed Ledgers - Markets, Communications Networks, And Algorithmic Reality by : Swan Melanie

Download or read book Blockchain Economics: Implications Of Distributed Ledgers - Markets, Communications Networks, And Algorithmic Reality written by Swan Melanie and published by World Scientific. This book was released on 2019-01-29 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This practical introduction explains the field of Blockchain Economics, the economic models emerging with the implementation of distributed ledger technology. These models are characterized by three factors: open platform business models, cryptotoken money supplies, and Initial Coin Offerings as a new and official form of financing. The book covers a variety of approaches from a business and academic perspective, ranging from financial theory, complexity, and open innovation networks to behavioral economics, self-determination theory, public policy, and financial inclusion.Unlike existing titles, this book draws on worldwide blockchain industry experts to define the new discipline of Blockchain Economics and provide novel theoretical and conceptual resources for the future of this fast-developing economy. The primer also highlights the wider theme of blockchain as an institutional technology, in that many value transfer interactions might be shifted to automated networks, decreasing the number of human-operated institutions.As well as stimulating further research, and implementation by business innovators and public policy strategists, the book can also be used as a foundational textbook in courses on Blockchain Economics. remove