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Economics Through The Looking Glass
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Book Synopsis Economics Through the Looking-Glass by : R.A. Rayman
Download or read book Economics Through the Looking-Glass written by R.A. Rayman and published by Routledge. This book was released on 2019-06-04 with total page 571 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published in 1998. In spite of spectacular improvements in market flexibility, the characteristics of the past twenty years are slow growth and high unemployment. Economics Through the Looking-Glass exposes the theoretical fallacy at the heart of the New Economic Orthodoxy. The fallacy lies in treating the economy as a "single-gear" machine guaranteed to operate at its full employment potential as long as it benefits from the lubricant of perfectly flexible markets (in a Walrasian Utopia of continuous market-clearing equilibrium). Unemployment is thereby reduced to a structural problem of market imperfection. As a cure for unemployment, market flexibility is presumed to be adequate; as a cure for inflation, monetary restriction is presumed to be safe. The flaw in Orthodox logic is exposed by a demonstration that a monetary economy operates as a 'multi-gear' machine. Unless it is in 'top-gear', market flexibility (even of Utopian perfection) is not sufficient for full employment. 'Single-gear' Economic Orthodoxy is shown to have developed, not as a science, but as a religion beginning with Adam Smith's revelation of the Law of Competition. A Looking-Glass journey backwards in time from Adam Smith uncovers his suppression of the Law of Circulation and exposes the dangerous delusion of Orthodox economic policy. As a weapon against unemployment, market flexibility is inadequate; as a weapon against inflation, monetary restriction is unsafe. The 'multi-gear' alternative heralds the final stage of economic liberalisation: deregulation of the market for money. The rescue of interest rates from political or central bank interference and the control of inflation by a mechanism triggered by market forces would put an end to the Orthodox policy of maintaining unemployment above its natural market rate by misguided monetary intervention.
Book Synopsis Economics Through the Looking Glass by : Mark Blaug
Download or read book Economics Through the Looking Glass written by Mark Blaug and published by . This book was released on 1988 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economics Through the Looking-Glass by : R.A. Rayman
Download or read book Economics Through the Looking-Glass written by R.A. Rayman and published by Routledge. This book was released on 2019-06-04 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published in 1998. In spite of spectacular improvements in market flexibility, the characteristics of the past twenty years are slow growth and high unemployment. Economics Through the Looking-Glass exposes the theoretical fallacy at the heart of the New Economic Orthodoxy. The fallacy lies in treating the economy as a "single-gear" machine guaranteed to operate at its full employment potential as long as it benefits from the lubricant of perfectly flexible markets (in a Walrasian Utopia of continuous market-clearing equilibrium). Unemployment is thereby reduced to a structural problem of market imperfection. As a cure for unemployment, market flexibility is presumed to be adequate; as a cure for inflation, monetary restriction is presumed to be safe. The flaw in Orthodox logic is exposed by a demonstration that a monetary economy operates as a 'multi-gear' machine. Unless it is in 'top-gear', market flexibility (even of Utopian perfection) is not sufficient for full employment. 'Single-gear' Economic Orthodoxy is shown to have developed, not as a science, but as a religion beginning with Adam Smith's revelation of the Law of Competition. A Looking-Glass journey backwards in time from Adam Smith uncovers his suppression of the Law of Circulation and exposes the dangerous delusion of Orthodox economic policy. As a weapon against unemployment, market flexibility is inadequate; as a weapon against inflation, monetary restriction is unsafe. The 'multi-gear' alternative heralds the final stage of economic liberalisation: deregulation of the market for money. The rescue of interest rates from political or central bank interference and the control of inflation by a mechanism triggered by market forces would put an end to the Orthodox policy of maintaining unemployment above its natural market rate by misguided monetary intervention.
Book Synopsis Economics Through the Looking Glass by : Elbert V. Bowden
Download or read book Economics Through the Looking Glass written by Elbert V. Bowden and published by . This book was released on 1974 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Global Economic Crisis Through an Indian Looking Glass by : Adarsh Kishore
Download or read book The Global Economic Crisis Through an Indian Looking Glass written by Adarsh Kishore and published by . This book was released on 2011-07-29 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Economic Crisis through an Indian Looking Glass is about the onset and unfolding of the global financial crisis and the great recession of 2008-2009, tracing its origin and causes, dimensions and impact, policy responses, lessons and the way forward from an Indian perspective. A significant feature of the book is the analysis of the four facets of the crisis: (i) genesis, (ii) impact on the world and India, (iii) the response, and (iv) the aftermath. The objective is to capture the specific aspects of the onset of the crisis and the policy responses, with particular emphasis on the sequencing thereof. The authors underscore the gaps in the international financial architecture that allow the recurrence of crises with global ramifications and emphasize the importance of cooperation, coordination and collective action to secure and sustain macroeconomic and financial stability across the globe. The book is a testament to the powerful values of global interconnectedness.
Book Synopsis Economics through the looking glass by :
Download or read book Economics through the looking glass written by and published by . This book was released on 1996 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Investing Through the Looking Glass by : Tim Price
Download or read book Investing Through the Looking Glass written by Tim Price and published by Harriman House Limited. This book was released on 2016-11-07 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: The investment markets have never been more dangerous. Interest rates are at all-time lows; the sanctity of cash deposits is under threat; government bonds are expensive and offer ultra-low or negative yields; equity markets are largely detached from reality after years of loose monetary policy. Investors need to calibrate themselves to the realities of this extraordinary new environment so that they can protect their wealth and, ideally, prosper. In Investing Through the Looking Glass, longstanding portfolio manager and investment columnist Tim Price identifies and shatters a number of investment myths and misconceptions. He questions whether stock markets inevitably rise over the longer term, whether bonds continue to be relevant as a failsafe low-risk asset, whether professional fund managers represent "smart money", and much more besides. But this is not just a counsel of despair. Having identified the problems besetting today's investor, the focus then moves on to practical guidance to help investors preserve and grow their capital in this age of inflationary and deflationary uncertainty. Tim Price provides ideas on how to find attractive investments in distorted equity markets, on what might be the best-kept secret in finance, and how best to insure portfolios in an environment of heightened systemic risk. Investing Through the Looking Glass presents a route map for navigating one of the most challenging financial environments that anyone has ever seen. For the sake of your wealth, can you afford not to read it?
Book Synopsis Economics Through the Looking-glass by : R. A. Rayman
Download or read book Economics Through the Looking-glass written by R. A. Rayman and published by Routledge. This book was released on 2020-04-02 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published in 1998. In spite of spectacular improvements in market flexibility, the characteristics of the past twenty years are slow growth and high unemployment. Economics Through the Looking-Glass exposes the theoretical fallacy at the heart of the New Economic Orthodoxy. The fallacy lies in treating the economy as a "single-gear" machine guaranteed to operate at its full employment potential as long as it benefits from the lubricant of perfectly flexible markets (in a Walrasian Utopia of continuous market-clearing equilibrium). Unemployment is thereby reduced to a structural problem of market imperfection. As a cure for unemployment, market flexibility is presumed to be adequate; as a cure for inflation, monetary restriction is presumed to be safe. The flaw in Orthodox logic is exposed by a demonstration that a monetary economy operates as a 'multi-gear' machine. Unless it is in 'top-gear', market flexibility (even of Utopian perfection) is not sufficient for full employment. 'Single-gear' Economic Orthodoxy is shown to have developed, not as a science, but as a religion beginning with Adam Smith's revelation of the Law of Competition. A Looking-Glass journey backwards in time from Adam Smith uncovers his suppression of the Law of Circulation and exposes the dangerous delusion of Orthodox economic policy. As a weapon against unemployment, market flexibility is inadequate; as a weapon against inflation, monetary restriction is unsafe. The 'multi-gear' alternative heralds the final stage of economic liberalisation: deregulation of the market for money. The rescue of interest rates from political or central bank interference and the control of inflation by a mechanism triggered by market forces would put an end to the Orthodox policy of maintaining unemployment above its natural market rate by misguided monetary intervention.
Book Synopsis Blindness Through the Looking Glass by : Gili Hammer
Download or read book Blindness Through the Looking Glass written by Gili Hammer and published by University of Michigan Press. This book was released on 2019-10-03 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern Western culture is saturated with images, imprinting visual standards of concepts such as beauty and femininity onto our collective consciousness. Blindness Through the Looking Glass examines how gender and femininity are performed and experienced in everyday life by women who do not rely on sight as their dominant mode of perception, identifying the multiple senses involved in the formation of gender identity within social interactions. Challenging visuality as the dominant mode to understand gender, social performance, and visual culture, the book offers an ethnographic investigation of blindness (and sight) as a human condition, putting both blindness and vision “on display” by discussing people’s auditory, tactile, and olfactory experiences as well as vision and sight, and by exploring ways that individuals perform blindness and “sightedness” in their everyday lives. Based on in-depth interviews with 40 blind women in Israel and anthropological fieldwork, the book investigates the social construction and daily experience of blindness in a range of domains. Uniquely, the book brings together blind symbolism with the everyday experiences of blind and sighted individuals, joining in mutual conversation the fields of disability studies, visual culture, anthropology of the senses, and gender studies.
Book Synopsis North Korea Through the Looking Glass by : Kong Dan Oh
Download or read book North Korea Through the Looking Glass written by Kong Dan Oh and published by Brookings Inst Press. This book was released on 2000 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploiting domestic and international news broadcasts and international news broadcasts and defector testimony, this book explores what the leadership and masses believe about their current predicament and why they refuse to adopt more pragmatic responses to the post-Cold War environment.
Book Synopsis Through the Looking Glass by : John W. Kestner
Download or read book Through the Looking Glass written by John W. Kestner and published by . This book was released on 1999 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Handbook of Environmental Economics by :
Download or read book Handbook of Environmental Economics written by and published by Elsevier. This book was released on 2018-10-17 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook in Environmental Economics, Volume 4, the latest in this ongoing series, highlights new advances in the field, with this new volume presenting timely chapters on Modeling Ecosystems and Economic Systems, Framing Sustainability Policy Questions: Who Leads – Ecology or Economics?, Valuing Natural Capital Within an Integrated Economic Ecological, Developing Economies, Urbanization, Climate Change and Health, Viewing Environmental Policy Instruments for Domestic and International Perspective, Quasi experimental Estimation of Environmental Policies, Environment Macro, The Rules for Formal and Informal Institutions in Managing Environmental Resources, and How Should Uncertainty Be Integrated into the Methods for Policy Evaluation? Answers key policy questions facing environmental agencies in developed and developing economies Integrates insights from economics and ecology as part of several key chapters Presents the latest on efforts to review and evaluate the new literatures on field and quasi experiments in environmental economics Provides the first substantive review of environmental macro economics
Book Synopsis Alice's Adventures in Wonderland by : Lewis Carroll
Download or read book Alice's Adventures in Wonderland written by Lewis Carroll and published by . This book was released on 1899 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Wind Done Gone by : Alice Randall
Download or read book The Wind Done Gone written by Alice Randall and published by Houghton Mifflin Harcourt. This book was released on 2001 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: A parody of Gone with the wind, this novel tells the story of Cynara, the mulatto half-sister born into slavery who eventually triumphs.
Book Synopsis Markets in the Looking Glass by : C-Rene Dominique
Download or read book Markets in the Looking Glass written by C-Rene Dominique and published by iUniverse. This book was released on 2003-08 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here the author of Unfettered Globalization (1999) provides a fast-paced primer on how markets contribute to wealth creation by boosting our natural trading instinct, and how the same markets may turn dreadful without a minimum of social oversight. Using simple language and analyses, he debunks the ideological predilection of the theory of markets, dots the i's and crosses the t's. He also shows how the international economic institutions have been corrupted and transformed into markets enforcers, uncovers the political dimension of "free trade," and exposes the potential dangers of an uncontrolled international capital market. More specifically, the author provides a lucid, step-by-step account of the Asian currency debacle of 1997, and argues that the Argentine meltdown in 2001, the dot.com and telecom bubbles, and the debt overhang of developing countries, etc., are simply natural outcomes of unfettered markets. This means that globalization cannot be a viable programme in the absence of a global institution empowered to stabilize, to control, and to legitimize its outcomes.
Book Synopsis The Right to Tell by : Roumeen Islam
Download or read book The Right to Tell written by Roumeen Islam and published by World Bank Publications. This book was released on 2002 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the role of the news media in promoting equitable economic development, and considers the obstacles it faces as a catalyst for change and growth. It examines the capacity of investigative journalism to scrutinise public policy and the activities of the corporate sector, to facilitate public access to information, expose corruption and weak governance and thus promote greater transparency and accountable government. It contains contributions from journalists, television and newspaper editors, economists and academics, as well as the winner of the Nobel Prize for Economics Joseph Stiglitz, and for Literature, Gabriel Garcia Marquez. A number of case studies examine the work of the media and the challenges they face in various countries including Thailand, Bangladesh, Egypt, Zimbabwe and the former Soviet Union.
Author :United Nations. Economic Commission for Europe Publisher :United Nations. Economic Commission for Europe ISBN 13 : Total Pages :162 pages Book Rating :4.F/5 ( download)
Book Synopsis Through the Looking Glass, 2000-2001 by : United Nations. Economic Commission for Europe
Download or read book Through the Looking Glass, 2000-2001 written by United Nations. Economic Commission for Europe and published by United Nations. Economic Commission for Europe. This book was released on 2000 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United Nations Economic Commission for Europe (UN/ECE) and the Central Europe Initiative (CEI) are working together to promote a suitable investment environment where more bankable and feasible business and investment opportunities are identified, designed and presented to appropriate financial sources. This handbook is designed as a practical planning tool. Its objective is create market transparency and unveil potential by offering basic facts, information, statistics, contacts and data to investors and to all those interested in business opportunities in the CEI transition economies. Key facts on each country are followed by statistical country profiles. Cross-country comparisons are also presented. Information is provided on the economy, the labour market, population, infrastructure, education and housing. The main instruments of enterprise development and support to small and medium sized enterprises (SMEs) are presented. A list of project proposals and ideas collected through the CEI Project Opportunity Methodology is also included.
