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Services In Economic Thought
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Book Synopsis Services in Economic Thought by : Jean-Claude Delaunay
Download or read book Services in Economic Thought written by Jean-Claude Delaunay and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: Services today account for a major share of employment and national product in the U. S. , with the employment share up from 57 percent immediately post-war to well over 70 percent today (if communications, utilities and transportation are included). This transformation (which is also occurring with varying lags in the othereconomically advanced economies) is driven by a variety of forces : by changes in consumer demand, by the rising demand for health and educational services, by new ways in which businesses are organized and the increasing importance ofcertain functions (e. g. new demands for monitoring, financing, sales promotion, and responding to regulatory agencies), and, closely related, by the continuing advances in electronic technology. Moreover, these multiple transformations have been accompanied by changes in the way work is carried out (e. g. the dramatic increases in the utilization of white collar workers, particularly professionals and managers, and the employment of women and educated workers), and by shifts in the location of work and of the population (e. g. rising importance of key cities within the urban system and of suburbs generally). The role of services in modem capitalistic economies is not yet integrated into the body of economic theory, although the need for such integration, especially as regards theories ofgrowth, market structure, and pricing, is critical. Some economists and sociologists, however, have since the days of Adam Smith, dealt with certain aspects of the role of services.
Download or read book Economic Thought written by Heinz D. Kurz and published by Columbia University Press. This book was released on 2016-05-03 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this concise yet comprehensive history, Heinz D. Kurz traces the long arc of economic thought from its emergence in ancient Greece to its systematic presentation among the classical thinkers of the late eighteenth and early nineteenth centuries to the influential work of scholars such as Paul Samuelson and Kenneth J. Arrow. With a keen eye for how economic insights are acquired, lost, and reborn, Kurz focuses on the dynamic individuals who give old ideas new life and the historical events that provoke different approaches and theories. Over the course of this journey, Kurz explains what Adam Smith meant by the "invisible hand"; how Karl Marx's "law of motion" works in capitalist economies; the roots of the Austrian economists' emphasis on the problems of information, incomplete knowledge, and uncertainty; John Maynard Keynes's principle of effective demand and economic stabilization; and the insights and challenges offered by growth theory, welfare economics, game theory, and more. He concludes with a deft summation of world economists' major concerns today and their critical relation to world events.
Book Synopsis A Companion to the History of Economic Thought by : Warren J. Samuels
Download or read book A Companion to the History of Economic Thought written by Warren J. Samuels and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 736 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assembling contributions from top thinkers in the field, thiscompanion offers a comprehensive and sophisticated exploration ofthe history of economic thought. The volume has a threefold focus:the history of economic thought, the history of economics as adiscipline, and the historiography of economic thought. Provides sophisticated introductions to a vast array oftopics. Focuses on a unique range of topics, including the history ofeconomic thought, the history of the discipline of economics, andthe historiography of economic thought.
Book Synopsis The Role of Government in the History of Economic Thought by : Steven G. Medema
Download or read book The Role of Government in the History of Economic Thought written by Steven G. Medema and published by . This book was released on 2005 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Role of Government in the History of Economic Thought examines a controversial area of economic analysis: the appropriate role of government within the economic system. If the first two-thirds of the twentieth century were dominated by the active involvement of economists in government policymaking, blurring the lines between the spheres of economics and politics, then the last several decades have witnessed something of a reversion to the classical economics of Adam Smith and John Stuart Mill. This volume offers a comprehensive and integrated history of the evolution of the relationship between governments and economies, examining the British classical tradition, the American progressive movement, and corporatist ideology.
Book Synopsis Defending the History of Economic Thought by : Steven Kates
Download or read book Defending the History of Economic Thought written by Steven Kates and published by Edward Elgar Publishing. This book was released on 2013-08-30 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the importance of the history of economic thought in the curriculum of economists, whereas most discussions of this kind are devoted to explaining why such study is of value simply to the individual economist.
Book Synopsis The Experience Economy by : B. Joseph Pine
Download or read book The Experience Economy written by B. Joseph Pine and published by Harvard Business Press. This book was released on 1999 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text seeks to raise the curtain on competitive pricing strategies and asserts that businesses often miss their best opportunity for providing consumers with what they want - an experience. It presents a strategy for companies to script and stage the experiences provided by their products.
Book Synopsis The Crisis of Vision in Modern Economic Thought by : Robert L. Heilbroner
Download or read book The Crisis of Vision in Modern Economic Thought written by Robert L. Heilbroner and published by Cambridge University Press. This book was released on 1996-01-26 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: A deep and widespread crisis affects modern economic theory, a crisis that derives from the absence of a "vision"--a set of widely shared political and social preconceptions--on which all economics ultimately depends. This absence, in turn, reflects the collapse of the Keynesian view that provided such a foundation from 1940 through the early 1970s, comparable to earlier visions provided by Smith, Ricardo, Mill, and Marshall. The "unraveling" of Keynesianism has been followed by a division into discordant and ineffective camps whose common denominator seems to be their shared analytical refinement and lack of practical applicability. This provocative analysis attempts both to describe this state of affairs, and to suggest the direction in which economic thinking must move if it is to regain the relevance and remedial power it now pointedly lacks.
Book Synopsis The Development of Economic Thought by : Joseph R. Cammarosano
Download or read book The Development of Economic Thought written by Joseph R. Cammarosano and published by Lexington Books. This book was released on 2018-05-02 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an overview or an introduction to the development of economic thought from the time of the early Greek and Roman writers to the mid-20th century. It provides a basic, no frills account of how economic ideas which were first cited by the early philosophers were later refined by the writings of the medieval schoolmen and still later by the contributions of the mercantilists and physiocrats. All these ideas were collected and synthesized by Adam Smith in his Wealth of Nations which provided the basis for economics as a formal subject of inquiry. From Smith’s magnum opus emerged the works of the classical economists, most notably, David Ricardo, Thomas Malthus, and John Stuart Mill. Their work was not left unchallenged by the Utopian Socialists, the Associationists, and other social reformers and most importantly by Karl Marx. Nevertheless, classical economics was not to be denied thanks to Alfred Marshall who succeeded in fusing the Austrians’ concept of utility on the demand side with the classicists’ cost of production on the supply side of the market to provide a new theory of value. He gave new life to the classicists with his Neo-Classicism, the basis for microeconomics, to be followed fifty years later by Keynes’ General Theory of Employment, Interest and Money and the ushering in of macroeconomics.
Book Synopsis A Short History of Economic Thought by : Bo Sandelin
Download or read book A Short History of Economic Thought written by Bo Sandelin and published by Routledge. This book was released on 2014-08-08 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, now in its third edition, provides an elementary introduction to the history of economic thought. A chapter is devoted to each of the major developments in the history of the discipline, before a concluding chapter in which the authors draw together some of the key strands and comment on some major works and textbooks in the history of economic ideas. They also reflect on the changes in economic thinking within the general context of the philosophy of science. This new edition continues to offer the clear and concise coverage of the main schools of thought and paradigm shifts in the field that has become the volume’s trademark. The book has been thoroughly updated throughout in order to reflect changes in the landscape of the field. Details on key thinkers, and aspects of the story such as the evolution of scholarship on growth and development, have been added or expanded, whilst not compromising on the book’s concise approach. Key updates include: Biographical- and bibliographical information is brought up to date throughout the text North American economists John Kenneth Galbraith and Kenneth Ewart Boulding make their first appearance in this edition Information on developments in institutional economics, addressing in particular the works of 2009 Nobel prize winner Elinor Ostrom). This book has become well known for its innovative coverage of the economic thinking of mainland Europe, whilst also addressing Anglo-American trends. It provides a short and highly readable overview of the evolution of economic thought, usable in courses where the history of economic thought constitutes only a small part or required background reading. It continues to be an extremely useful, much needed text for all introductory economics courses in the field.
Book Synopsis Economic Theory and Cognitive Science by : Don Ross
Download or read book Economic Theory and Cognitive Science written by Don Ross and published by MIT Press. This book was released on 2007-01-26 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this study, Don Ross explores the relationship of economics to other branches of behavioral science, asking, in the course of his analysis, under what interpretation economics is a sound empirical science. The book explores the relationships between economic theory and the theoretical foundations of related disciplines that are relevant to the day-to-day work of economics—the cognitive and behavioral sciences. It asks whether the increasingly sophisticated techniques of microeconomic analysis have revealed any deep empirical regularities—whether technical improvement represents improvement in any other sense. Casting Daniel Dennett and Kenneth Binmore as its intellectual heroes, the book proposes a comprehensive model of economic theory that, Ross argues, does not supplant, but recovers the core neoclassical insights, and counters the caricaturish conception of neoclassicism so derided by advocates of behavioral or evolutionary economics. Because he approaches his topic from the viewpoint of the philosophy of science, Ross devotes one chapter to the philosophical theory and terminology on which his argument depends and another to related philosophical issues. Two chapters provide the theoretical background in economics, one covering developments in neoclassical microeconomics and the other treating behavioral and experimental economics and evolutionary game theory. The three chapters at the heart of the argument then apply theses from the philosophy of cognitive science to foundational problems for economic theory. In these chapters, economists will find a genuinely new way of thinking about the implications of cognitive science for economics, and cognitive scientists will find in economic behavior, a new testing site for the explanations of cognitive science.
Book Synopsis Handbook of the History of Economic Thought by : Jürgen Backhaus
Download or read book Handbook of the History of Economic Thought written by Jürgen Backhaus and published by Springer Science & Business Media. This book was released on 2011-11-12 with total page 725 pages. Available in PDF, EPUB and Kindle. Book excerpt: This reader in the history of economic thought challenges the assumption that today’s prevailing economic theories are always the most appropriate ones. As Leland Yeager has pointed out, unlike the scientists of the natural sciences, economists provide their ideas largely to politicians and political appointees who have rather different incentives that might prevent them from choosing the best economic theory. In this book, the life and work of each of the founders of economics is examined by the best available expert on that founding figure. These contributors present rather novel and certainly not mainstream interpretations of the founders of modern economics. The primary theme concerns the development of economic thought as this emerged in the various continental traditions including the Islamic tradition. These continental traditions differed substantially, both substantively and methodologically, from the Anglo-Saxon orientation that has been dominant in the last century for example in the study of public finance or the very construct of the state itself. This books maps the various channels of continental economics, particularly from the late-18th through the early-20th centuries, explaining and demonstrating the underlying unity amid the surface diversity. In particular, the book emphasizes the writings of John Stuart Mill, his predecessor David Ricardo and his follower Jeremy Bentham; the theory of Marginalism by von Thünen, Cournot, and Gossen; the legacy of Karl Marx; the innovations in developmental economics by Friedrich List; the economic and monetary contributions and “struggle of escape” by John Maynard Keynes; the formidable theory in public finance and economics by Joseph Schumpeter; a reinterpretation of Alfred Marshall; Léon Walras, Heinrich von Stackelberg, Knut Wicksell, Werner Sombart, and Friedrich August von Hayek are each dealt with in their own right.
Book Synopsis Ethics in Economic Thought by : Joanna Dzionek-Kozłowska
Download or read book Ethics in Economic Thought written by Joanna Dzionek-Kozłowska and published by Jagiellonian University Press. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reformulates the central questions of ethics in economic thought. It reconsiders the purpose of economic activity, the ethical values of entrepreneurs, and the Aristotelian dilemma of differentiating between needs and desires to better understand the rise of consumerism. The book also examines cultural factors, the role of religion, and the significance of informal institutions, ultimately showing how less developed countries can increase opportunities for all of their citizens.
Book Synopsis The Evolution of Economic Thought by : Stanley L. Brue
Download or read book The Evolution of Economic Thought written by Stanley L. Brue and published by Thomson South-Western. This book was released on 2013 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook presents the history of economics and the philosophies that drive the economic way of thinking. It explains the ideas of the great economic thinkers and their logical connections to the world of today and tomorrow.
Book Synopsis Power in Economic Thought by : Manuela Mosca
Download or read book Power in Economic Thought written by Manuela Mosca and published by Springer. This book was released on 2018-10-17 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a pluralistic vision of the way economists have dealt with the question of power in society over the last two centuries. Economists’ ideas about power are examined from political, theoretical and policy-making points of view, with additional discussion of the active participation of economists in the management of power. The book is organized into four main conceptions of power relations: i) Power as embedded in political institutions; ii) Power as emerging from the asymmetric relations caused by the unequal distribution of income and wealth; iii) Power as associated to the monopolistic or oligopolistic position held by some firms in the market; and iv) Power as the management of economic policies by the state. Mosca brings together contributions from a range of scholars to analyse how economists have considered the role of power, putting the discussion into a much needed historical context.
Book Synopsis Freedom and Happiness in Economic Thought and Philosophy by : Ragip Ege
Download or read book Freedom and Happiness in Economic Thought and Philosophy written by Ragip Ege and published by Taylor & Francis. This book was released on 2012-04-27 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Starting from a distinction made by the American philosopher, John Rawls, in 2000 between two kinds of liberalism, "liberalism of freedom" and "liberalism of happiness", this book presents a range of articles by economists and philosophers debating the most fundamental aspects of the subject. These include the exact significance of Rawls’ distinction and how it can be related to European political philosophy on the one hand and to utilitarianism on the other hand; the various definitions of happiness and freedom and their implications and the informational basis of individual preferences. The objectives of the book are twofold: first, it is devoted to a thorough analysis of the founding texts of both liberalisms. It aims to determine the logic of selection of the concepts which these traditions consider as relevant. The Kantian pair "Reasonable"/"Rational" can be seen as the basis on which these concepts are defined, our final concern being to reveal the profound relations of complementarity between them: we call it reconciliation. Secondly, we consider a fundamental issue of welfare economics – how to appraise individual preferences – in light of the Rawlsian distinction. It is emphasized that neither a criterion based on liberalism of freedom by itself, nor an evaluation in terms of liberalism of happiness by itself exhausts the question of utility. One must combine both aspects in order to cope with that issue. To do so, it is claimed that one can resort to the concept of metaranking of preferences. All the contributions included in this book are the outcomes of a collective research project of three years. The contributors come from a variety of backgrounds and yet are unified in developing a specific position about freedom and happiness. This book should be of interest to those focusing on the history of economic thought as well as moral, political and economic philosophy.
Book Synopsis A History of Economic Thought by : John Fred Bell
Download or read book A History of Economic Thought written by John Fred Bell and published by . This book was released on 1967 with total page 768 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Recharting the History of Economic Thought by : Kevin Deane
Download or read book Recharting the History of Economic Thought written by Kevin Deane and published by Bloomsbury Publishing. This book was released on 2020-04-08 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: This ground-breaking new textbook takes a thematic approach to the history of economic thought, introducing current economic issues and examining the relevant arguments of key economists. By taking this innovative approach, the book sets these pivotal ideas in a contemporary context, helping readers to engage with the material and see the applications to today's society and economy. Based on courses developed by the authors, the text introduces a range of perspectives and encourages critical reflection upon neoclassical economics. Through exposure to a broader spectrum of sometimes conflicting propositions, readers are able to evaluate the strengths, weaknesses and relevance of different economic theories. Recharting the History of Economic Thought is an invaluable companion for those taking courses in the History of Economic Thought, the Development of Economic Ideas, Developing Economic Thinking or Economic Thought and Policy. It will also appeal to anyone looking for an introduction to pluralist approaches to economics.
