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Postmodern Moments In Modern Economics
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Book Synopsis Postmodern Moments in Modern Economics by : David F. Ruccio
Download or read book Postmodern Moments in Modern Economics written by David F. Ruccio and published by Princeton University Press. This book was released on 2016-06-28 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Of all the areas of contemporary thought, economics seems the most resistant to the destabilizing effects of postmodernism. Yet, David Ruccio and Jack Amariglio argue that one can detect, within the diverse schools of thought that comprise the discipline of economics, "moments" that defy the modernist ideas to which many economists and methodologists remain wedded. This is the first book to document the existence and to explore the implications of the postmodern moments in modern economics. Ruccio and Amariglio begin with a powerful argument for the general relevance of postmodernism to contemporary economic thought. They then conduct a series of case studies in six key areas of economics. From the idea of the "multiple self" and notions of uncertainty and information, through market anomalies and competing concepts of value, to analytical distinctions based on gender and academic standing, economics is revealed as defying the modernist frame of a singular science. The authors conclude by showing how economic theory would change if the postmodern elements were allowed to flourish. A work of daring analysis sure to be vigorously debated, Postmodern Moments in Modern Economics is both accessible and relevant to all readers concerned about the modernist straightjacket that has been imposed on the way economics is thought about and practiced in the world today.
Book Synopsis Postmodernism, Economics and Knowledge by : Stephen Cullenberg
Download or read book Postmodernism, Economics and Knowledge written by Stephen Cullenberg and published by Psychology Press. This book was released on 2001 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt: It should serve as a useful reference tool for all those studying postmodernism and the history of economic thought.
Book Synopsis Postmodern Portfolio Theory by : James Ming Chen
Download or read book Postmodern Portfolio Theory written by James Ming Chen and published by Springer. This book was released on 2016-07-26 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: This survey of portfolio theory, from its modern origins through more sophisticated, “postmodern” incarnations, evaluates portfolio risk according to the first four moments of any statistical distribution: mean, variance, skewness, and excess kurtosis. In pursuit of financial models that more accurately describe abnormal markets and investor psychology, this book bifurcates beta on either side of mean returns. It then evaluates this traditional risk measure according to its relative volatility and correlation components. After specifying a four-moment capital asset pricing model, this book devotes special attention to measures of market risk in global banking regulation. Despite the deficiencies of modern portfolio theory, contemporary finance continues to rest on mean-variance optimization and the two-moment capital asset pricing model. The term postmodern portfolio theory captures many of the advances in financial learning since the original articulation of modern portfolio theory. A comprehensive approach to financial risk management must address all aspects of portfolio theory, from the beautiful symmetries of modern portfolio theory to the disturbing behavioral insights and the vastly expanded mathematical arsenal of the postmodern critique. Mastery of postmodern portfolio theory’s quantitative tools and behavioral insights holds the key to the efficient frontier of risk management.
Book Synopsis Postmodern Moments in Modern Economics by : David F. Ruccio
Download or read book Postmodern Moments in Modern Economics written by David F. Ruccio and published by Princeton University Press. This book was released on 2016-06-28 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: Of all the areas of contemporary thought, economics seems the most resistant to the destabilizing effects of postmodernism. Yet, David Ruccio and Jack Amariglio argue that one can detect, within the diverse schools of thought that comprise the discipline of economics, "moments" that defy the modernist ideas to which many economists and methodologists remain wedded. This is the first book to document the existence and to explore the implications of the postmodern moments in modern economics. Ruccio and Amariglio begin with a powerful argument for the general relevance of postmodernism to contemporary economic thought. They then conduct a series of case studies in six key areas of economics. From the idea of the "multiple self" and notions of uncertainty and information, through market anomalies and competing concepts of value, to analytical distinctions based on gender and academic standing, economics is revealed as defying the modernist frame of a singular science. The authors conclude by showing how economic theory would change if the postmodern elements were allowed to flourish. A work of daring analysis sure to be vigorously debated, Postmodern Moments in Modern Economics is both accessible and relevant to all readers concerned about the modernist straightjacket that has been imposed on the way economics is thought about and practiced in the world today.
Book Synopsis Postmodernism, or, The Cultural Logic of Late Capitalism by : Fredric Jameson
Download or read book Postmodernism, or, The Cultural Logic of Late Capitalism written by Fredric Jameson and published by Duke University Press. This book was released on 1992-01-06 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now in paperback, Fredric Jameson’s most wide-ranging work seeks to crystalize a definition of ”postmodernism”. Jameson’s inquiry looks at the postmodern across a wide landscape, from “high” art to “low” from market ideology to architecture, from painting to “punk” film, from video art to literature.
Book Synopsis Marxism in the Postmodern Age by : Antonio Callari
Download or read book Marxism in the Postmodern Age written by Antonio Callari and published by Guilford Press. This book was released on 1994-10-01 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diverse Marxian intellectual cultures are having important effects on political struggles over the subjects of history and knowledge, international law, television, the state, democratic theories and institutions, bodies, sexuality, masculinity, environmentalism, postmodernism, labor, the meanings of the end of the USSR, children, archaeology, the meanings of Columbus, cartography, the North American economy, welfare, NAFTA, the Gulf War, higher education, and the many other topics discussed by the contributors to this important volume. These essays show readers how Marxism's continuing vitality derives from its profound allegiance to diverse struggles for social justice. At this moment we need progressive imaginaries alternative to the tired and ineffectual ones that have left us with enormous challenges and compelling questions on every aspect of contemporary social relations. Here, well-known thinkers are joined by important new voices in exploring fruitful directions for vision, analysis, and political action. This is without question the best collection of mediations so far on postorthodox Marxian tendencies in contemporary global cultures.
Book Synopsis The Postmodern Turn by : Steven Best
Download or read book The Postmodern Turn written by Steven Best and published by Guilford Press. This book was released on 1997-01-01 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a groundbreaking analysis of the emergence of a pos tmodern paradigm in theory, the arts, science, and politics. From the authors of Postmodern Theory, the much-acclaimed introduction to key p ostmodern thinkers and themes, The Postmodern Turn ranges over diverse intellectual and artistic terrain--from architecture, painting, liter ature, music, and politics, to the physical and biological sciences. C ritically engaging postmodern theory and culture, Steven Best and Doug las Kellner illuminate our momentous transition between a modernist pa st and a future struggling to define itself.
Book Synopsis The Postmodern Condition by : Jean-François Lyotard
Download or read book The Postmodern Condition written by Jean-François Lyotard and published by U of Minnesota Press. This book was released on 1984 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book it explores science and technology, makes connections between these epistemic, cultural, and political trends, and develops profound insights into the nature of our postmodernity.
Book Synopsis Everything, All the Time, Everywhere by : Stuart Jeffries
Download or read book Everything, All the Time, Everywhere written by Stuart Jeffries and published by Verso Books. This book was released on 2021-10-26 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: A radical new history of a dangerous idea Post-Modernity is the creative destruction that has shattered our present times into fragments. It dynamited modernism which had dominated the western world for most of the 20th century. Post-modernism stood for everything modernism rejected: fun, exuberance, irresponsibility. But beneath its glitzy surface, post-modernism had a dirty secret: it was the fig leaf for a rapacious new kind of capitalism. It was also the forcing ground of the 'post truth', by means of which western values got turned upside down. But where do these ideas come from and how have they impacted on the world? In his brilliant history of a dangerous idea, Stuart Jeffries tells a narrative that starts in the early 1970s and continue to today. He tells this history through a riotous gallery that includes David Bowie, the Ipod, Frederic Jameson, the demolition of Pruit-Igoe, Madonna, Post-Fordism, Jeff Koon's 'Rabbit', Deleuze and Guattari, the Nixon Shock, The Bowery series, Judith Butler, Las Vegas, Margaret Thatcher, Grand Master Flash, I Love Dick, the RAND Corporation, the Sex Pistols, Princess Diana, the Musee D'Orsay, Grand Theft Auto, Perry Anderson, Netflix, 9/11 We are today scarcely capable of conceiving politics as a communal activity because we have become habituated to being consumers rather than citizens. Politicians treat us as consumers to whom they must deliver. Can we do anything else than suffer from buyer's remorse?
Book Synopsis Postmodernism and China by : Xudong Zhang
Download or read book Postmodernism and China written by Xudong Zhang and published by Duke University Press. This book was released on 2000-10-27 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few countries have been so transformed in recent decades as China. With a dynamically growing economy and a rapidly changing social structure, China challenges the West to understand the nature of its modernization. Using postmodernism as both a global frame of periodization and a way to break free from the rigid ideology of westernization as modernity, this volume’s diverse group of contributors argues that the Chinese experience is crucial for understanding postmodernism. Collectively, these essays question the implications of specific phenomena, like literature, architecture, rock music, and film, in a postsocialist society. Some essays address China’s complicity in—as well as its resistance to—the culture of global capitalism. Others evaluate the impact of efforts to redefine national culture in terms of enhanced freedoms and expressions of the imagination in everyday life. Still others discuss the general relaxation of political society in post-Mao China, the emergence of the market and its consumer mass culture, and the fashion and discourse of nostalgia. The contributors make a clear case for both the historical uniqueness of Chinese postmodernism and the need to understand its specificity in order to fully grasp the condition of postmodernity worldwide. Although the focus is on mainland China, the volume also includes important observations on social and cultural realities in Hong Kong and Taiwan, whose postmodernity has so far been confined—in both Chinese and English-speaking worlds—to their economic and consumer activities instead of their political and cultural dynamism. First published as a special issue of boundary 2, Postmodernism and China includes seven new essays. By juxtaposing postmodernism with postsocialism and by analyzing China as a producer and not merely a consumer of the culture of the postmodern, it will contribute to critical discourses on globalism, modernity, and political economics, as well as to cultural and Asian studies. Contributors. Evans Chan, Arif Dirlik, Dai Jinhua, Liu Kang, Anthony D. King, Jeroen de Kloet, Abidin Kusno, Wendy Larson, Chaoyang Liao, Ping-hui Liao, Sebastian Hsien-hao Liao, Sheldon Hsiao-peng Lu, Wang Ning, Xiaobing Tang, Xiaoying Wang, Chen Xiaoming, Xiaobin Yang, Zhang Yiwu, Xudong Zhang
Book Synopsis Economics As Discourse by : Warren J. Samuels
Download or read book Economics As Discourse written by Warren J. Samuels and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1 Warren J. Samuels The study of economics as discourse requires a perspective that focuses on the relationships among knowledge (or truth), discourse (or lan guage), and meaning. Central to this task is the recognition that the con duct of economic analysis uses words and that words embody meanings that are applied to the object of study, but do not necessarily derive from that object although they define that object for us. Knowledge Economists are engaged in efforts to understand and explain the econ omy. In the pursuit of this knowledge they have attempted to make coherent the respect(s) in which belief is to be accepted as knowledge, or the sense(s) in which this knowledge has the quality of "truth. " The field of methodology in economics parallels the fields of epistemology and philosophy of science in the attempt to make sense of and to prescribe the terms on which efforts at knowledge may be accepted as "true," or the terms on which statements can be accepted as "knowledge. " The conduct of such methodological inquiry typically treats economics as a science 1 2 ECONOMICS AS DISCOURSE engaged in the pursuit of truth as an epistemological category - though there have almost always been economists who were skeptical of the status of economics as a science, and the pursuit of knowledge is only one of three putative function of economics, the other two being psychic balm and social control.
Book Synopsis Post-Postmodernism by : Jeffrey Nealon
Download or read book Post-Postmodernism written by Jeffrey Nealon and published by Stanford University Press. This book was released on 2012-08-01 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: Post-Postmodernism begins with a simple premise: we no longer live in the world of "postmodernism," famously dubbed "the cultural logic of late capitalism" by Fredric Jameson in 1984. Far from charting any simple move "beyond" postmodernism since the 1980s, though, this book argues that we've experienced an intensification of postmodern capitalism over the past decades, an increasing saturation of the economic sphere into formerly independent segments of everyday cultural life. If "fragmentation" was the preferred watchword of postmodern America, "intensification" is the dominant cultural logic of our contemporary era. Post-Postmodernism surveys a wide variety of cultural texts in pursuing its analyses—everything from the classic rock of Black Sabbath to the post-Marxism of Antonio Negri, from considerations of the corporate university to the fare at the cineplex, from reading experimental literature to gambling in Las Vegas, from Badiou to the undergraduate classroom. Insofar as cultural realms of all kinds have increasingly been overcoded by the languages and practices of economics, Nealon aims to construct a genealogy of the American present, and to build a vocabulary for understanding the relations between economic production and cultural production today—when American-style capitalism, despite its recent battering, seems nowhere near the point of obsolescence. Post-postmodern capitalism is seldom late but always just in time. As such, it requires an updated conceptual vocabulary for diagnosing and responding to our changed situation.
Book Synopsis Society Of The Spectacle by : Guy Debord
Download or read book Society Of The Spectacle written by Guy Debord and published by Bread and Circuses Publishing. This book was released on 2012-10-01 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Das Kapital of the 20th century,Society of the Spectacle is an essential text, and the main theoretical work of the Situationists. Few works of political and cultural theory have been as enduringly provocative. From its publication amid the social upheavals of the 1960's, in particular the May 1968 uprisings in France, up to the present day, with global capitalism seemingly staggering around in it’s Zombie end-phase, the volatile theses of this book have decisively transformed debates on the shape of modernity, capitalism, and everyday life in the late 20th century. This ‘Red and Black’ translation from 1977 is Introduced by Notting Hill armchair insurrectionary Tom Vague with a galloping time line and pop-situ verve, and given a more analytical over view by young upstart thinker Sam Cooper.
Book Synopsis Consumer Culture and Postmodernism by : Mike Featherstone
Download or read book Consumer Culture and Postmodernism written by Mike Featherstone and published by SAGE. This book was released on 1991 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Implicit within claims that society itself is in some sense postmodern is an argument about the priority of consumption as a determinant of everyday life. In this view, mass media advertising and market dynamics lead to a constant search for new fashions, new styles, new sensations and experiences. Material goods are consumed as `communicators'; they are valued as signifiers of taste and of lifestyle. This volume examines the viability of this portrait of contemporary society. Mike Featherstone explores the roots of consumer culture, how it is defined and differentiated and the extent to which it represents the arrival of a `postmodern' world. He examines the theories of consumption and postmodernism among contemporary social theorists such
Book Synopsis Speaking of Economics by : Arjo Klamer
Download or read book Speaking of Economics written by Arjo Klamer and published by Routledge. This book was released on 2007-01-25 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: Making sense of economists and their world in a persuasive and entertaining style, Arjo Klamer, the author of a number of influential books including Conversation with Economists and The Consequences of Economic Rhetoric, shows that economics is as much about how people interact as it is about the models, the mathematics, the econometrics, the theories and the ideas that come from the enormous aggregate of economics literature. Knowing and understanding economics requires both bookwork and mingling with other economists. Viewing the subject as a collection of conversations, Klamer examines fundamental disagreements over the nature and purpose of the discipline, addressing how it is that a discipline that so permeates daily life is at once ‘soft’ and scientific, powerful and ignored, noble and disdained and in a reader-friendly style – without eschewing academic methodology demonstrates economics to be a living, breathing discipline rooted in the real world. Whether you are a student, academician, journalist, practising economist or interested outsider, Speaking of Economics will get you interested in a conversation about economics.
Book Synopsis Explaining Postmodernism by : Stephen R. C. Hicks
Download or read book Explaining Postmodernism written by Stephen R. C. Hicks and published by Scholargy Publishing, Inc.. This book was released on 2004 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Socialism after Hayek by : Theodore A. Burczak
Download or read book Socialism after Hayek written by Theodore A. Burczak and published by University of Michigan Press. This book was released on 2006-10-12 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Socialism after Hayek recasts and reinvigorates the socialist quest for class justice by rendering it compatible with Hayek's social and economic theories. Theodore A. Burczak puts forth a conception of socialism from a postmodern perspective, drawing from the apparently opposing ideas of Marx and Hayek (the latter of whom achieved worldwide recognition in the twentieth century as a champion of the free market and fierce opponent of government interference in markets). Burczak sketches an institutional structure that would promote a democratic socialist notion of distributive justice and his own interpretation of Marx's notion of freely associated labor, while avoiding Hayek's criticisms of centrally planned socialism. Burczak's version of market socialism is one in which privately owned firms are run democratically by workers, governments engage in ongoing redistribution of wealth to support human development, and markets are otherwise unregulated. Burczak poses this model of "free market socialism" against other models of socialism, especially those developed by John Roemer, Michael Albert, and Robin Hahnel. "Burczakian socialism = (Hayek + Nussbaum + Sen + Ackerman + Resnick and Wolff) = Ellerman = legal-economic democracy. Brilliant! Burczak takes Hayek, his critics, and other social theorists and produces the foundations of a legal-economic order in which the concerns of most current thinkers are provided for. It is a deep, sustained, and brilliant achievement." —Warren J. Samuels, Professor Emeritus, Economics Department, Michigan State University; former President of the History of Economics Society and the Association for Social Economics; coeditor of the Journal of Income Distribution; and author of over 40 books "Theodore A. Burczak's Socialism after Hayek is a thoroughly researched and thoughtful examination not only of the ideological debate that framed the twentieth century, but of Hayek's intellectual framework. Burczak hopes for an economic framework that is both humanistic in its approach and humanitarian in its concern while being grounded in good reasons. The book should be on the reading list of every comparative political economist and in particular anyone who wants to take Hayek seriously, including those who would like to push Hayek's classical liberal politics toward the left in the twenty-first century. Burczak has made an outstanding contribution to the fields of political and economic thought and to Hayek studies in particular." —Peter J. Boettke, Professor and Director of Graduate Studies, Department of Economics, George Mason University, Fairfax "An advance well beyond the great 'socialist calculation debate.' Socialism after Hayek is both novel and challenging to contemporary Hayekian scholars. Burczak is the only scholar working in the post-Marxist tradition that thoroughly understands and appreciates the Hayekian critique of socialism. He is on his way to answering many of our long-held objections." —Dave Prychitko, Department of Economics, Northern Michigan University "One does not have to agree with all of Burczak's arguments to accept that he has developed a bold, creative and challenging response to the powerful Hayekian critique of socialism. Burczak wisely rejects the agoraphobia—literally the fear of markets—of many socialists, and focuses instead on the socialist goal of the abolition of exploitation. If this important book is read by both socialists and Hayekians, then there is a chance that debates on the viability of socialism may avoid some past pitfalls." —Geoffrey M. Hodgson, University of Hertfordshire, UK "Provocative and expansive. An excellent book that deals in depth with the relevant literature, incorporating it into a new analysis of the question of socialism. . . . The scholarship is superior: Burczak integrates the works of Hayek and Marx to develop a new theory of justice and to provide a new way to think through the problems of a socialist economy." —Stephen Cullenberg, Department of Economics, University of California, Riverside "A brilliant, fair-minded approach to Marx, Hayek, Sen, and Nussbaum yields a needed socialist vision for the twenty-first century." —Stephen Resnick, Department of Economics, University of Massachusetts Theodore A. Burczak is Associate Professor of Economics at Denison University.
