The History And Future Of Economics

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The History and Future of Economics

Author : Robert U. Ayres
Publisher : Springer Nature
ISBN 13 : 3031262085
Total Pages : 405 pages
Book Rating : 4.0/5 (312 download)

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Book Synopsis The History and Future of Economics by : Robert U. Ayres

Download or read book The History and Future of Economics written by Robert U. Ayres and published by Springer Nature. This book was released on 2023-04-29 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is three-fold. The first purpose is to posit that the fundamental substance of the universe is energy, and that energy is required (consumed) for any material transformation, or information transmission. The labor theory of value, articulated by the physiocrats and elaborated by Adam Smith, David Ricardo, J.B. Say and Karl Marx was a rough first approximation of the value creation process, in the 17th and 18th centuries, but is now obsolete. Labor is now (mostly) performed by machines, not by humans (or animals). The second aim of the book is to argue that the economy is a living (open) system -- an “island of order” –that exists far from both thermodynamic and economic equilibrium. Order is achieved by dissipating a flux of exergy. Economists frequently emphasize the equilibrium assumption, introduced originally by Leon Walras in 1854. But in reality, biological systems and human social systems are dissipative cycles, far from both thermodynamic equilibrium, and economic equilibrium, yet stable and capable of evolution, driven by the solar exergy flux. The third aim of the book is to re-emphasize, that – being open – the economic system cannot be regarded as a collection of individual competitive utility-maximizing transactions. There are, increasingly, important possibilities for cooperation instead of competition. Moreover third party effects, both “bads” (externalities) and the “public good” (happiness) – need to be incorporated into the socio-economic decision making process.

The History of Economics

Author : Roger E. Backhouse
Publisher :
ISBN 13 : 9781911116691
Total Pages : 0 pages
Book Rating : 4.1/5 (166 download)

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Book Synopsis The History of Economics by : Roger E. Backhouse

Download or read book The History of Economics written by Roger E. Backhouse and published by . This book was released on 2017-11-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Roger E. Backhouse and Keith Tribe present a broad introduction to the history of economic thought that provides much-needed context behind the development of ideas and a guide through the original writings of major economists. They seek to emphasize a diversity that is sometimes suppressed in more conventional textbooks.

The Future of Economic History

Author : Alexander J. Field
Publisher : Springer Science & Business Media
ISBN 13 : 9400932693
Total Pages : 363 pages
Book Rating : 4.4/5 (9 download)

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Book Synopsis The Future of Economic History by : Alexander J. Field

Download or read book The Future of Economic History written by Alexander J. Field and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection represents a modest attempt to chart a new course for the intellectual discipline known as economic history. (The book is not about productivity growth in the 1990s, lest the title give rise to any confusion.) As a group, these essays suggest new and potentially fruitful areas or approaches for research and at the same time address weaknesses in past efforts. One important audience will be graduate students attempting to decide whether to write a dissertation in economic history, or trying to select or refine dissertation topics in the area, and determine how to approach them. Some of the essays will most certainly be appropriate additions to the or semester courses in economic history that remain a fixture in quarter graduate economics training programs. A second audience should be established scholars who are now or have in the past done research in economic history and are interested in the perspectives of a relatively younger group of scholars. The term "younger" is used here advisedly to describe a group of scholars born between 1943 and 1954. Nevertheless, the authors of these essays can on at least one dimension be distinguished from the pathbreaking new economic his torians who established their academic reputations in the early 1960s. Indeed, the contributors to this volume include students of such pioneers as Richard Easterlin, Albert Fishlow, William Parker, and Jeffrey Williamson.

Pricing the Planet's Future

Author : Christian Gollier
Publisher : Princeton University Press
ISBN 13 : 0691148767
Total Pages : 244 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Pricing the Planet's Future by : Christian Gollier

Download or read book Pricing the Planet's Future written by Christian Gollier and published by Princeton University Press. This book was released on 2013 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today, the judge, the citizen, the politician, and the entrepreneur are concerned with the sustainability of our development.

The Economic Future in Historical Perspective

Author : Paul A. David
Publisher : Oxford University Press
ISBN 13 : 9780197263471
Total Pages : 548 pages
Book Rating : 4.2/5 (634 download)

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Book Synopsis The Economic Future in Historical Perspective by : Paul A. David

Download or read book The Economic Future in Historical Perspective written by Paul A. David and published by Oxford University Press. This book was released on 2006-02-23 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, leading modern economic historians show how analysis of past experiences contributes to a better understanding of present-day economic conditions; they offer important insights into major challenges that will occupy the attention of policy makers in the coming decades. The seventeen essays are organised around three major themes, the first of which is the changing constellation of forces sustaining long-run economic growth in market economies. The second major theme concerns the contemporary challenges posed by transitions in economic and political regimes, and by ideologies that represent legacies from past economic conditions that still affect policy responses to new 'crises'. The third theme is modern economic growth's diverse implications for human economic welfare - in terms of economic security, nutritional and health status, and old age support - and the institutional mechanisms communities have developed to cope with the risks that individuals are exposed to by the concomitants of rising prosperity.

Money and Government

Author : Robert Skidelsky
Publisher : Yale University Press
ISBN 13 : 030024424X
Total Pages : 496 pages
Book Rating : 4.3/5 (2 download)

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Book Synopsis Money and Government by : Robert Skidelsky

Download or read book Money and Government written by Robert Skidelsky and published by Yale University Press. This book was released on 2018-11-13 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: A critical examination of economics' past and future, and how it needs to change, by one of the most eminent political economists of our time The dominant view in economics is that money and government should play only minor roles in economic life. Economic outcomes, it is claimed, are best left to the "invisible hand" of the market. Yet these claims remain staunchly unsettled. The view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any market economy. Since Adam Smith, classical economics has espoused non-intervention in markets. The Great Depression brought Keynesian economics to the fore; but stagflation in the 1970s brought a return to small-state orthodoxy. The 2008 global financial crash should have brought a reevaluation of that stance; instead the response has been punishing austerity and anemic recovery. This book aims to reintroduce Keynes’s central insights to a new generation of economists, and embolden them to return money and government to the starring roles in the economic drama that they deserve.

A History of Economics

Author : John Kenneth Galbraith
Publisher :
ISBN 13 : 9780140153958
Total Pages : 324 pages
Book Rating : 4.1/5 (539 download)

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Book Synopsis A History of Economics by : John Kenneth Galbraith

Download or read book A History of Economics written by John Kenneth Galbraith and published by . This book was released on 1991 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: A book explaining the history of economics; including the powerful and vested interests which moulded the theories to their financial advantage; as a means of understanding modern economics.

History of Economic Theory

Author : T. Negishi
Publisher : Elsevier
ISBN 13 : 0080508154
Total Pages : 410 pages
Book Rating : 4.0/5 (85 download)

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Book Synopsis History of Economic Theory by : T. Negishi

Download or read book History of Economic Theory written by T. Negishi and published by Elsevier. This book was released on 2014-06-28 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume aims to interest students of modern economic theory in the history of economics. For this purpose, past economic theories are considered from the point of view of current economic theories and translated, if possible and necessary, into mathematical models. It is emphasized that the currently dominating mainstream theory is not the only possible theory, and that there are many past theories which have important significance to the advancement of economic theory in the present situation, or will have it in the near future. After a brief discussion on the history of economics from the point of view of contemporary economic theory, a bird's-eye view of the historical development of economics is given so that readers can see the significance of topics to be discussed in subsequent chapters in a proper historical perspective. These topics are carefully chosen to show not only what great economists in the past contributed to the development of economics, but also what suggestions for solving our own current problems we can obtain by reworking problems they had to face. The book can be used in advanced undergraduate as well as graduate classes on the history of economics. Mathematical techniques used can easily be understood by advanced undergraduates of economics major, since some models constructed originally by contemporary mathematical economists are carefully reformulated without losing the essence, basic calculus and the rudiments of linear algebra being sufficient for understanding.

History of the Future of Economic Growth

Author : Iris Borowy
Publisher : Taylor & Francis
ISBN 13 : 1134866690
Total Pages : 202 pages
Book Rating : 4.1/5 (348 download)

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Book Synopsis History of the Future of Economic Growth by : Iris Borowy

Download or read book History of the Future of Economic Growth written by Iris Borowy and published by Taylor & Francis. This book was released on 2017-02-24 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: The future of economic growth is one of the decisive questions of the twenty-first century. Alarmed by declining growth rates in industrialized countries, climate change, and rising socio-economic inequalities, among other challenges, more and more people demand to look for alternatives beyond growth. However, so far these current debates about sustainability, post-growth or degrowth lack a thorough historical perspective. This edited volume brings together original contributions on different aspects of the history of economic growth as a central and near-ubiquitous tenet of developmental strategies. The book addresses the origins and evolution of the growth paradigm from the seventeenth century up to the present day and also looks at sustainable development, sustainable growth, and degrowth as examples of alternative developmental models. By focusing on the mixed legacy of growth, both as a major source of expanded life expectancies and increased comfort, and as a destructive force harming personal livelihoods and threatening entire societies in the future, the editors seek to provide historical depth to the ongoing discussion on suitable principles of present and future global development. History of the Future of Economic Growth is aimed at students and academics in environmental, social, economic and international history, political science, environmental studies, and economics, as well as those interested in ongoing discussions about growth, sustainable development, degrowth, and, more generally, the future.

A Brief History of the Future

Author : Jacques Attali
Publisher : Skyhorse Publishing Inc.
ISBN 13 : 1611450136
Total Pages : 332 pages
Book Rating : 4.6/5 (114 download)

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Book Synopsis A Brief History of the Future by : Jacques Attali

Download or read book A Brief History of the Future written by Jacques Attali and published by Skyhorse Publishing Inc.. This book was released on 2011-07 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prescient and convincing, this book is a must-read for anyone concerned about the future.

The Future of Economic History

Author : Alexander J. Field
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis The Future of Economic History by : Alexander J. Field

Download or read book The Future of Economic History written by Alexander J. Field and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essay considers the status of the new economic history from the vantage point of the mid-1980s. It discusses the historical and demographic factors that contributed to the golden age of academics in the United States (1957-1969), and how this, along with various intellectual factors, influenced the growth of Cliometrics. It argues that by the 1980s the subdiscipline had moved substantially beyond its initial self-identified status as an insurgency. The essay includes data on the production of first degrees as well as economics and history Ph.D.s from 1964 through 1981.

The Past and Future of America's Economy

Author : Robert D. Atkinson
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781008836
Total Pages : 374 pages
Book Rating : 4.0/5 (88 download)

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Book Synopsis The Past and Future of America's Economy by : Robert D. Atkinson

Download or read book The Past and Future of America's Economy written by Robert D. Atkinson and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Anyone interested in American history as well as the future contours of our economy will find Dr. Atkinson's analyses a guide to the past and a provocative challenge for the future. Economists, business leaders, scholars, and economic policymakers will find it a necessary addition to the literature on economic cycles and growth economics."--BOOK JACKET.

The Origins, History, and Future of the Federal Reserve

Author : Michael D. Bordo
Publisher : Cambridge University Press
ISBN 13 : 1107013720
Total Pages : 453 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis The Origins, History, and Future of the Federal Reserve by : Michael D. Bordo

Download or read book The Origins, History, and Future of the Federal Reserve written by Michael D. Bordo and published by Cambridge University Press. This book was released on 2013-03-25 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays from the 2010 centenary conference of the 1910 Jekyll Island meeting of American financiers and the US Treasury.

The Future of the History of Economics

Author : E. Roy Weintraub
Publisher :
ISBN 13 :
Total Pages : 442 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Future of the History of Economics by : E. Roy Weintraub

Download or read book The Future of the History of Economics written by E. Roy Weintraub and published by . This book was released on 2002 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: The age of the contemplative economist-scholar—at home equally in classical languages, economic history, the history of ideas, and mathematical theory—has passed. The history of economics as a subdiscipline has lost touch with the mainstream study of economics. InThe Future of the History of Economics, internationally known scholars from ten countries provide a comparative assessment of the subdiscipline. The twenty-six chapters address different national traditions, journals, professional meetings, graduate and undergraduate education, the socialization of new members of the disciplinary community, economic heterodoxy, and connections to other scholarly communities. Contributors. Roger E. Backhouse, Bradley W. Bateman, Mark Blaug, Peter J. Boettke, Anthony Brewer, Derek S. Brown, José Luís Cardoso, John B. Davis, Ghislain Deleplace, Sheila C. Dow, Ross Emmett, Evelyn L. Forget, Ted Gayer, Craufurd D. Goodwin, Aiko Ikeo, Albert Jolink, Matthias Klaes, John Lodewijks, Maria Cristina Marcuzzo, Stephen Meardon, Steven Medema, Philip Mirowski, Annalisa Rosselli, Shauna Saunders, Margaret Schabas, Bertram Schefold, Esther-Mirjam Sent, E. Roy Weintraub The Future of the History of Economicsis the 2002 supplement to the journalHistory of Political Economy. All 2002 subscribers will receive a copy as a part of their annual subscription

Economics and World History

Author : Paul Bairoch
Publisher : University of Chicago Press
ISBN 13 : 0226034631
Total Pages : 200 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Economics and World History by : Paul Bairoch

Download or read book Economics and World History written by Paul Bairoch and published by University of Chicago Press. This book was released on 1995-09 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paul Bairoch deflates twenty commonly held myths about economic history. Among these myths are that free trade and population growth have historically led to periods of economic growth, and that colonial powers in the nineteenth and early twentieth centuries became rich through the exploitation of the Third World. Bairoch shows that these beliefs are based on insufficient knowledge and wrong interpretations of the history of economies of the United States, Europe, and the Third World, and he re-examines the facts to set the record straight. Bairoch argues that until the early 1960s, the history of international trade of the developed countries was almost entirely one of protectionism rather than a "Golden Era" of free trade, and he reveals that, in fact, past periods of economic growth in the Western World correlated strongly with protectionist policy. He also demonstrates that developed countries did not exploit the Third World for raw materials during the nineteenth and early twentieth centuries, as some economists and many politicians have held. Among the many other myths that Bairoch debunks are beliefs about whether colonization triggered the Industrial Revolution, the effects of the economic development of the West on the Third World, and beliefs about the 1929 crash and the Great Depression. Bairoch's lucid prose makes the book equally accessible to economists of every stripe, as well as to historians, political scientists, and other social scientists.

Economics in Perspective

Author : John Kenneth Galbraith
Publisher : Princeton University Press
ISBN 13 : 1400889073
Total Pages : 384 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Economics in Perspective by : John Kenneth Galbraith

Download or read book Economics in Perspective written by John Kenneth Galbraith and published by Princeton University Press. This book was released on 2017-08-29 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Economics in Perspective, renowned economist John Kenneth Galbraith presents a compelling and accessible history of economic ideas, from Aristotle through the twentieth century. Examining theories of the past that have a continuing modern resonance, he shows that economics is not a timeless, objective science, but is continually evolving as it is shaped by specific times and places. From Adam Smith's theories during the Industrial Revolution to those of John Maynard Keynes after the Great Depression, Galbraith demonstrates that if economic ideas are to remain relevant, they must continually adapt to the world they inhabit. A lively examination of economic thought in historical context, Economics in Perspective shows how the field has evolved across the centuries.

The Knowledge Capital of Nations

Author : Eric A. Hanushek
Publisher : MIT Press
ISBN 13 : 026254895X
Total Pages : 275 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis The Knowledge Capital of Nations by : Eric A. Hanushek

Download or read book The Knowledge Capital of Nations written by Eric A. Hanushek and published by MIT Press. This book was released on 2023-08-15 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: A rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related in the long run to the skills of its population. In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population—which they term the “knowledge capital” of a nation—are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the “Latin American growth puzzle” and the “East Asian miracle” can be explained by these regions' knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance.