Economism

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Economism

Author : James Kwak
Publisher : Vintage
ISBN 13 : 1101871202
Total Pages : 258 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis Economism by : James Kwak

Download or read book Economism written by James Kwak and published by Vintage. This book was released on 2017-01-10 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is a bracing deconstruction of the framework for understanding the world that is learned as gospel in Economics 101, regardless of its imaginary assumptions and misleading half-truths. Economism: an ideology that distorts the valid principles and tools of introductory college economics, propagated by self-styled experts, zealous lobbyists, clueless politicians, and ignorant pundits. In order to illuminate the fallacies of economism, James Kwak first offers a primer on supply and demand, market equilibrium, and social welfare: the underpinnings of most popular economic arguments. Then he provides a historical account of how economism became a prevalent mode of thought in the United States—focusing on the people who packaged Econ 101 into sound bites that were then repeated until they took on the aura of truth. He shows us how issues of moment in contemporary American society—labor markets, taxes, finance, health care, and international trade, among others—are shaped by economism, demonstrating in each case with clarity and élan how, because of its failure to reflect the complexities of our world, economism has had a deleterious influence on policies that affect hundreds of millions of Americans.

Egypt's Occupation

Author : Aaron G. Jakes
Publisher : Stanford University Press
ISBN 13 : 1503612627
Total Pages : 485 pages
Book Rating : 4.5/5 (36 download)

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Book Synopsis Egypt's Occupation by : Aaron G. Jakes

Download or read book Egypt's Occupation written by Aaron G. Jakes and published by Stanford University Press. This book was released on 2020-08-25 with total page 485 pages. Available in PDF, EPUB and Kindle. Book excerpt: The history of capitalism in Egypt has long been synonymous with cotton cultivation and dependent development. From this perspective, the British occupation of 1882 merely sealed the country's fate as a vast plantation for European textile mills. All but obscured in such accounts, however, is Egypt's emergence as a colonial laboratory for financial investment and experimentation. Egypt's Occupation tells for the first time the story of that financial expansion and the devastating crises that followed. Aaron Jakes offers a sweeping reinterpretation of both the historical geography of capitalism in Egypt and the role of political-economic thought in the struggles that raged over the occupation. He traces the complex ramifications and the contested legacy of colonial economism, the animating theory of British imperial rule that held Egyptians to be capable of only a recognition of their own bare economic interests. Even as British officials claimed that "economic development" and the multiplication of new financial institutions would be crucial to the political legitimacy of the occupation, Egypt's early nationalists elaborated their own critical accounts of boom and bust. As Jakes shows, these Egyptian thinkers offered a set of sophisticated and troubling meditations on the deeper contradictions of capitalism and the very meaning of freedom in a capitalist world.

Enter Economism, Exit Politics

Author : Teivo Teivainen
Publisher : Zed Books
ISBN 13 :
Total Pages : 260 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Enter Economism, Exit Politics by : Teivo Teivainen

Download or read book Enter Economism, Exit Politics written by Teivo Teivainen and published by Zed Books. This book was released on 2002 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: All over the world, public participation in democratic politics is declining sharply. Why and how has democracy come to be undermined in this way? This volume explores this redefinition of the boundaries of the economic and the political spheres.

The Economists' Hour

Author : Binyamin Appelbaum
Publisher : Little, Brown
ISBN 13 : 0316512273
Total Pages : 473 pages
Book Rating : 4.3/5 (165 download)

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Book Synopsis The Economists' Hour by : Binyamin Appelbaum

Download or read book The Economists' Hour written by Binyamin Appelbaum and published by Little, Brown. This book was released on 2019-09-03 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this "lively and entertaining" history of ideas (Liaquat Ahamed, The New Yorker), New York Times editorial writer Binyamin Appelbaum tells the story of the people who sparked four decades of economic revolution. Before the 1960s, American politicians had never paid much attention to economists. But as the post-World War II boom began to sputter, economists gained influence and power. In The Economists' Hour, Binyamin Appelbaum traces the rise of the economists, first in the United States and then around the globe, as their ideas reshaped the modern world, curbing government, unleashing corporations and hastening globalization. Some leading figures are relatively well-known, such as Milton Friedman, the elfin libertarian who had a greater influence on American life than any other economist of his generation, and Arthur Laffer, who sketched a curve on a cocktail napkin that helped to make tax cuts a staple of conservative economic policy. Others stayed out of the limelight, but left a lasting impact on modern life: Walter Oi, a blind economist who dictated to his wife and assistants some of the calculations that persuaded President Nixon to end military conscription; Alfred Kahn, who deregulated air travel and rejoiced in the crowded cabins on commercial flights as the proof of his success; and Thomas Schelling, who put a dollar value on human life. Their fundamental belief? That government should stop trying to manage the economy.Their guiding principle? That markets would deliver steady growth, and ensure that all Americans shared in the benefits. But the Economists' Hour failed to deliver on its promise of broad prosperity. And the single-minded embrace of markets has come at the expense of economic equality, the health of liberal democracy, and future generations. Timely, engaging and expertly researched, The Economists' Hour is a reckoning -- and a call for people to rewrite the rules of the market. A Wall Street Journal Business BestsellerWinner of the Porchlight Business Book Award in Narrative & Biography

The Power of Economists within the State

Author : Johan Christensen
Publisher : Stanford University Press
ISBN 13 : 1503601854
Total Pages : 290 pages
Book Rating : 4.5/5 (36 download)

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Book Synopsis The Power of Economists within the State by : Johan Christensen

Download or read book The Power of Economists within the State written by Johan Christensen and published by Stanford University Press. This book was released on 2017-04-11 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: The spread of market-oriented reforms has been one of the major political and economic trends of the late twentieth and early twenty-first centuries. Governments have, to varying degrees, adopted policies that have led to deregulation: the liberalization of trade; the privatization of state entities; and low-rate, broad-base taxes. Yet some countries embraced these policies more than others. Johan Christensen examines one major contributor to this disparity: the entrenchment of U.S.-trained, neoclassical economists in political institutions the world over. While previous studies have highlighted the role of political parties and production regimes, Christensen uses comparative case studies of New Zealand, Ireland, Norway, and Denmark to show how the influence of economists affected the extent to which each nation adopted market-oriented tax policies. He finds that, in countries where economic experts held powerful positions, neoclassical economics broke through with greater force. Drawing on revealing interviews with 80 policy elites, he examines the specific ways in which economists shaped reforms, relying on an activist approach to policymaking and the perceived utility of their science to drive change.

Capitalist Development and Economism in East Asia

Author : Kui-Wai Li
Publisher : Routledge
ISBN 13 : 1134492707
Total Pages : 316 pages
Book Rating : 4.1/5 (344 download)

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Book Synopsis Capitalist Development and Economism in East Asia by : Kui-Wai Li

Download or read book Capitalist Development and Economism in East Asia written by Kui-Wai Li and published by Routledge. This book was released on 2003-08-29 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author challenges current literature by providing an analysis of the differing views of Asian economic development, and providing an innovative alternative conceptual framework for the understanding of the Asian 'dragon' economies Takes a longer term view of the countries' economic development than many of the books on the Asian crisis Will be of importance to all interested in modern economic development - as well as Japan and East Asia, it should have a strong market in the US and Australia

The Earthist Challenge to Economism

Author : J. Cobb
Publisher : Springer
ISBN 13 : 0230374255
Total Pages : 202 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis The Earthist Challenge to Economism by : J. Cobb

Download or read book The Earthist Challenge to Economism written by J. Cobb and published by Springer. This book was released on 1998-10-30 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: Western society moved from a period in which Christianity was the dominant spiritual force to one of nationalism and then to making the economy the object of public devotion. Today this is challenged by those seeking the health of the Earth including all its inhabitants. The World Bank is the economistic institution most open to Earthist concerns. The book evaluates the Bank's potential for leadership in broadening public goals from narrowly economic goods to inclusive ones.

The Armchair Economist

Author : Steven E. Landsburg
Publisher : Simon and Schuster
ISBN 13 : 1471112233
Total Pages : 364 pages
Book Rating : 4.4/5 (711 download)

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Book Synopsis The Armchair Economist by : Steven E. Landsburg

Download or read book The Armchair Economist written by Steven E. Landsburg and published by Simon and Schuster. This book was released on 2012-05-10 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Air bags cause accidents, because well-protected drivers take more risks. This well-documented truth comes as a surprise to most people, but not to economists, who have learned to take seriously the proposition that people respond to incentives. In The Armchair Economist, Steven E. Landsburg shows how the laws of economics reveal themselves in everyday experience and illuminate the entire range of human behavior. Why does popcorn cost so much at the cinema? The 'obvious' answer is that the owner has a monopoly, but if that were the whole story, there would also be a monopoly price to use the toilet. When a sudden frost destroys much of the Florida orange crop and prices skyrocket, journalists point to the 'obvious' exercise of monopoly power. Economists see just the opposite: If growers had monopoly power, they'd have raised prices before the frost. Why don't concert promoters raise ticket prices even when they are sure they will sell out months in advance? Why are some goods sold at auction and others at pre-announced prices? Why do boxes at the football sell out before the standard seats do? Why are bank buildings fancier than supermarkets? Why do corporations confer huge pensions on failed executives? Why don't firms require workers to buy their jobs? Landsburg explains why the obvious answers are wrong, reveals better answers, and illuminates the fundamental laws of human behavior along the way. This is a book of surprises: a guided tour of the familiar, filtered through a decidedly unfamiliar lens. This is economics for the sheer intellectual joy of it.

Hayek and Popper

Author : Mark Notturno
Publisher : Routledge
ISBN 13 : 1317594215
Total Pages : 199 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Hayek and Popper by : Mark Notturno

Download or read book Hayek and Popper written by Mark Notturno and published by Routledge. This book was released on 2014-10-30 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: Karl Popper and Friedrich von Hayek are remembered as two of the twentieth century’s greatest proponents of open society. However, over the years, Hayek’s ideas have tended to be favoured over Popper’s in both academic and political discussions. This book aims to improve understanding of Popper’s and Hayek’s philosophies by explaining their differences, and whilst doing so, to encourage liberal political philosophers to take a better-informed and more sympathetic look at Popper’s ideas about open society. Popper and Hayek differed in subtle but fundamental ways about rationality, economism, and democracy. They thus differed about whether and to what extent society is well served by deliberate attempts at social engineering and government intervention in the economy. They also differed about whether democracy is better served by institutions designed to elect the best leaders, or by institutions designed to protect us against the leaders we elect. And they differed, perhaps most importantly, about whether we should value freedom as a means to prosperity or an end-in-itself. This book argues that Hayek’s views about rationality, economism, and democracy are fundamentally at odds with Popper’s3⁄4 and perhaps even with open society itself—and that the unintended consequences of Hayek’s views may actually pose a threat to Popper’s vision of a liberal and free open society.

Humanistic Management

Author : Michael Pirson
Publisher : Cambridge University Press
ISBN 13 : 1107160723
Total Pages : 311 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis Humanistic Management by : Michael Pirson

Download or read book Humanistic Management written by Michael Pirson and published by Cambridge University Press. This book was released on 2017-09-14 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a humanistic science-based framework for management, promoting an ethical and responsible approach to addressing current global societal problems.

Adam Smith’s America

Author : Glory M. Liu
Publisher : Princeton University Press
ISBN 13 : 0691240868
Total Pages : 384 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Adam Smith’s America by : Glory M. Liu

Download or read book Adam Smith’s America written by Glory M. Liu and published by Princeton University Press. This book was released on 2024-04-02 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: The unlikely story of how Americans canonized Adam Smith as the patron saint of free markets Originally published in 1776, Adam Smith’s The Wealth of Nations was lauded by America’s founders as a landmark work of Enlightenment thinking about national wealth, statecraft, and moral virtue. Today, Smith is one of the most influential icons of economic thought in America. Glory Liu traces how generations of Americans have read, reinterpreted, and weaponized Smith’s ideas, revealing how his popular image as a champion of American-style capitalism and free markets is a historical invention. Drawing on a trove of illuminating archival materials, Liu tells the story of how an unassuming Scottish philosopher captured the American imagination and played a leading role in shaping American economic and political ideas. She shows how Smith became known as the father of political economy in the nineteenth century and was firmly associated with free trade, and how, in the aftermath of the Great Depression, the Chicago School of Economics transformed him into the preeminent theorist of self-interest and the miracle of free markets. Liu explores how a new generation of political theorists and public intellectuals has sought to recover Smith’s original intentions and restore his reputation as a moral philosopher. Charting the enduring fascination that this humble philosopher from Scotland has held for American readers over more than two centuries, Adam Smith’s America shows how Smith continues to be a vehicle for articulating perennial moral and political anxieties about modern capitalism.

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.

The Romantic Economist

Author : William Nicolson
Publisher : Simon and Schuster
ISBN 13 : 1476730415
Total Pages : 208 pages
Book Rating : 4.4/5 (767 download)

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Book Synopsis The Romantic Economist by : William Nicolson

Download or read book The Romantic Economist written by William Nicolson and published by Simon and Schuster. This book was released on 2014-01-07 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: A wise and humorous memoir about a young economist trying to apply the rules of the market to his own floundering love life. A wise and humorous memoir about a young economist trying to apply the rules of the market to his own floundering dating life. "I know that this sounds like a bit of a clich , but really, it's not you..." The woman who said this to William Nicolson was funny, talented and unbearably beautiful. His mother said he ought to marry that girl. And he lost her in a personal best time of six weeks. It was when he found himself being dumped like this yet again that he decided something had to be done. William is an economist, which means he's good at reducing an infinitely complex world into a set of clear, rational principles about the way people and markets behave. Unfortunately, he has never been able to replicate this in the world of romance. Girls confuse him; they're the very definition of infinite complexity. In this book, he sets out to apply the rules of economics to his shaky love life. For a time, everything seems to be clearer. Want to play hard to get? Reduce your supply. Want a girlfriend? Find an undervalued asset. Why are all the good ones taken? That'll be the Efficient Market Hypothesis. But things don't work out quite as he'd hoped, and he's more isolated than ever. Can he find the perfect economic theory to rescue him from a future of lonely nights, or is the dating game too intricate to be won by logical, rational thinking?

The Moral Economists

Author : Tim Rogan
Publisher : Princeton University Press
ISBN 13 : 0691191492
Total Pages : 276 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis The Moral Economists by : Tim Rogan

Download or read book The Moral Economists written by Tim Rogan and published by Princeton University Press. This book was released on 2019-03-19 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fresh look at how three important twentieth-century British thinkers viewed capitalism through a moral rather than material lens What’s wrong with capitalism? Answers to that question today focus on material inequality. Led by economists and conducted in utilitarian terms, the critique of capitalism in the twenty-first century is primarily concerned with disparities in income and wealth. It was not always so. The Moral Economists reconstructs another critical tradition, developed across the twentieth century in Britain, in which material deprivation was less important than moral or spiritual desolation. Tim Rogan focuses on three of the twentieth century’s most influential critics of capitalism—R. H. Tawney, Karl Polanyi, and E. P. Thompson. Making arguments about the relationships between economics and ethics in modernity, their works commanded wide readerships, shaped research agendas, and influenced public opinion. Rejecting the social philosophy of laissez-faire but fearing authoritarianism, these writers sought out forms of social solidarity closer than individualism admitted but freer than collectivism allowed. They discovered such solidarities while teaching economics, history, and literature to workers in the north of England and elsewhere. They wrote histories of capitalism to make these solidarities articulate. They used makeshift languages of “tradition” and “custom” to describe them until Thompson patented the idea of the “moral economy.” Their program began as a way of theorizing everything economics left out, but in challenging utilitarian orthodoxy in economics from the outside, they anticipated the work of later innovators inside economics. Examining the moral cornerstones of a twentieth-century critique of capitalism, The Moral Economists explains why this critique fell into disuse, and how it might be reformulated for the twenty-first century.

Marxian Economics

Author : John Eatwell
Publisher : Springer
ISBN 13 : 1349205729
Total Pages : 394 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Marxian Economics by : John Eatwell

Download or read book Marxian Economics written by John Eatwell and published by Springer. This book was released on 1990-02-23 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an excerpt, concentrating on Marxian economics, from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory.

Twenty-First Century Inequality & Capitalism: Piketty, Marx and Beyond

Author :
Publisher : BRILL
ISBN 13 : 9004357041
Total Pages : 412 pages
Book Rating : 4.0/5 (43 download)

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Book Synopsis Twenty-First Century Inequality & Capitalism: Piketty, Marx and Beyond by :

Download or read book Twenty-First Century Inequality & Capitalism: Piketty, Marx and Beyond written by and published by BRILL. This book was released on 2018-01-03 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twenty-First Century Inequality & Capitalism: Piketty, Marx and Beyond is a collection that begins with economist Thomas Piketty’s 2014 book. Most chapters critique Piketty from the perspective of critical theory, global political economy or public sociology, drawing on the work of Karl Marx or the Marxist tradition. The emphasis focuses on elements that are under-theorized or omitted entirely from the economists’ analysis. This includes the importance of considering class and labor dynamics, the recent rise of finance capitalism, insights from feminism, demography, and conflict studies, the Frankfurt School, the world market and the world-system, the rise of a transnational capitalist class, the coming environmental catastrophe, etc. Our goal is to fully understand and suggest action to address today’s capitalist inequality crisis. Contributors are: Robert J. Antonio, J.I. (Hans) Bakker, Roslyn Wallach Bologh, Alessandro Bonanno, Christopher Chase-Dunn, Harry F. Dahms, Eoin Flaherty, Daniel Krier, Basak Kus, Lauren Langman, Dana Marie Louie, Peter Marcuse, Sandor Nagy, Charles Reitz, William I. Robinson, Saskia Sassen, David A. Smith, David N. Smith, Tony Smith, Michael Thompson, Sylvia Walby, Erik Olin Wright.

An Alternative Philosophy of Development

Author : Birendra Prasad Mathur
Publisher : Taylor & Francis
ISBN 13 : 1315388723
Total Pages : 232 pages
Book Rating : 4.3/5 (153 download)

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Book Synopsis An Alternative Philosophy of Development by : Birendra Prasad Mathur

Download or read book An Alternative Philosophy of Development written by Birendra Prasad Mathur and published by Taylor & Francis. This book was released on 2016-11-25 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: While development has been the foremost agenda before successive governments in India, it has been viewed narrowly – from the perspective of economic development and particularly in terms of gross domestic product (GDP). This book questions such an approach. It breaks from the conventional wisdom of GDP growth as being a definitive measure of the success of a country’s policies and offers an alternative development philosophy. The author contends that people’s economic and social welfare, life satisfaction, self-fulfilment and happiness should be treated as indicators of real development. The book underlines that in a successful model of development, the country’s economic policies will have to synergize with its cultural ethos and that the objective of development should be gross national happiness and well-being of the people. This book will be useful to scholars and researchers of development studies, economics, public policy and administration, governance, political science and sociology, as well as to policymakers.