Universal Economics

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Universal Economics

Author : Armen Albert Alchian
Publisher : Liberty Fund
ISBN 13 : 9780865979055
Total Pages : 0 pages
Book Rating : 4.9/5 (79 download)

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Book Synopsis Universal Economics by : Armen Albert Alchian

Download or read book Universal Economics written by Armen Albert Alchian and published by Liberty Fund. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Universal Economics is a new work that bears a strong resemblance to its two predecessors, University Economics (1964, 1967, 1972) and Exchange and Production (1969, 1977, 1983). Collaborating again, Professors Alchian and Allen have written a fresh presentation of the analytical tools employed in the economic way of thinking. More than any other principles textbook, Universal Economics develops the critical importance of property rights to the existence and success of market economies. The authors explain the interconnection between goods prices and productive-asset prices and how market-determined interest rates bring about the allocation of resources toward the satisfaction of consumption demands versus saving/investment priorities. They show how the crucial role of prices in a market economy cannot be well understood without a firm grasp of the role of money in a modern world. The Alchian and Allen application of information and search-cost analysis to the subject of money, price determination, and inflation is unique in the teaching of economic principles. No one has ever done price theory better than Alchian -- that is, no one has ever excelled Alchians ability to explain the reason, role, and nuances of prices, of competition, and of property rights. And only a precious few -- I can count them on my fingers -- have a claim for being considered to have done price theory as well as he did it. -- Donald Boudreaux, George Mason University. Armen A. Alchian (19142013), one of the twentieth centurys great teachers of economic science, taught at UCLA from 1958 to 1984. Founder of the UCLA tradition in economics, he has become recognized as one of the most influential voices in the areas of market structure, property rights, and the theory of the firm. William R. Allen taught at Washington University prior to joining the UCLA faculty in 1952. Along with research primarily in international economics and the history of economic theory, he has concentrated on teaching economics. Universal Economics is his third textbook collaboration with Armen Alchian. Jerry L. Jordan wrote his doctoral dissertation under the direction of Armen Alchian. He was Dean of the School of Management at the University of New Mexico, a member of President Reagans Council of Economic Advisors and of the U.S. Gold Commission, Director of Research of the Federal Reserve Bank of Saint Louis, and President and CEO of the Federal Reserve Bank of Cleveland.

The Case for Universal Basic Services

Author : Anna Coote
Publisher : John Wiley & Sons
ISBN 13 : 1509539840
Total Pages : 84 pages
Book Rating : 4.5/5 (95 download)

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Book Synopsis The Case for Universal Basic Services by : Anna Coote

Download or read book The Case for Universal Basic Services written by Anna Coote and published by John Wiley & Sons. This book was released on 2020-02-13 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: The idea that healthcare and education should be provided as universal public services to all who need them is widely accepted. But why leave it there? Why not expand it to more of life’s essentials? In their bold new book, Anna Coote and Andrew Percy argue that this transformational new policy – Universal Basic Services – is exactly what we need to save our societies and our planet. The old argument that free markets and individual choice are the best way to solve pressing problems of poverty, inequality and environmental degradation has led us to catastrophe, and must be abandoned. The authors show that expanding the principle of collective universal service provision to everyday essentials like transport, childcare and housing is not only the best way of tackling many of the biggest problems facing the contemporary world: it’s also efficient, practical and affordable. Anyone who cares about fighting for a fairer, greener and more democratic world should read this book.

What Should Economists Do?

Author : James M. Buchanan
Publisher : Indianapolis : Liberty Press
ISBN 13 :
Total Pages : 300 pages
Book Rating : 4.4/5 (91 download)

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Book Synopsis What Should Economists Do? by : James M. Buchanan

Download or read book What Should Economists Do? written by James M. Buchanan and published by Indianapolis : Liberty Press. This book was released on 1979 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a collection of sixteen essays on three general topics: the methodology of economics, the applicability of economic reasoning to political science and other social sciences, and the relevance of economics as moral philosophy. Several essays are published here for the first time, including "Professor Alchian on Economic Method," "Natural and Artifactual Man," and "Public Choice and Ideology." This book provides relatively easy access to a wide range of work by a moral and legal philosopher, a welfare economist who has consistently defended the primacy of the contractarian ethic, a public finance theorist, and a founder of the burgeoning subdiscipline of public choice. Buchanan's work has spawned a methodological revolution in the way economists and other scholars think about government and government activity. As a measure of recognition for his significant contribution, Dr. Buchanan was awarded the 1986 Nobel Prize in Economics.

Economics Rules: The Rights and Wrongs of the Dismal Science

Author : Dani Rodrik
Publisher : W. W. Norton & Company
ISBN 13 : 0393246426
Total Pages : 161 pages
Book Rating : 4.3/5 (932 download)

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Book Synopsis Economics Rules: The Rights and Wrongs of the Dismal Science by : Dani Rodrik

Download or read book Economics Rules: The Rights and Wrongs of the Dismal Science written by Dani Rodrik and published by W. W. Norton & Company. This book was released on 2015-10-13 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A hugely valuable contribution. . . . In setting out a defence of the best in economics, Rodrik has also provided a goal for the discipline as a whole.” —Martin Sandbu, Financial Times In the wake of the financial crisis and the Great Recession, economics seems anything but a science. In this sharp, masterfully argued book, Dani Rodrik, a leading critic from within, takes a close look at economics to examine when it falls short and when it works, to give a surprisingly upbeat account of the discipline. Drawing on the history of the field and his deep experience as a practitioner, Rodrik argues that economics can be a powerful tool that improves the world—but only when economists abandon universal theories and focus on getting the context right. Economics Rules argues that the discipline's much-derided mathematical models are its true strength. Models are the tools that make economics a science. Too often, however, economists mistake a model for the model that applies everywhere and at all times. In six chapters that trace his discipline from Adam Smith to present-day work on globalization, Rodrik shows how diverse situations call for different models. Each model tells a partial story about how the world works. These stories offer wide-ranging, and sometimes contradictory, lessons—just as children’s fables offer diverse morals. Whether the question concerns the rise of global inequality, the consequences of free trade, or the value of deficit spending, Rodrik explains how using the right models can deliver valuable new insights about social reality and public policy. Beyond the science, economics requires the craft to apply suitable models to the context. The 2008 collapse of Lehman Brothers challenged many economists' deepest assumptions about free markets. Rodrik reveals that economists' model toolkit is much richer than these free-market models. With pragmatic model selection, economists can develop successful antipoverty programs in Mexico, growth strategies in Africa, and intelligent remedies for domestic inequality. At once a forceful critique and defense of the discipline, Economics Rules charts a path toward a more humble but more effective science.

Liberty & Prosperity: Liberal economics for achieving universal prosperity

Author : Gopi Krishna Suvanam
Publisher : Vernon Press
ISBN 13 : 1648892116
Total Pages : 158 pages
Book Rating : 4.6/5 (488 download)

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Book Synopsis Liberty & Prosperity: Liberal economics for achieving universal prosperity by : Gopi Krishna Suvanam

Download or read book Liberty & Prosperity: Liberal economics for achieving universal prosperity written by Gopi Krishna Suvanam and published by Vernon Press. This book was released on 2021-06-01 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: ‘Liberty & Prosperity: Liberal Economics for Achieving Universal Prosperity’ aims to illuminate alternative policy framework using liberal economic policies. The evolution of this book is grounded in the author’s personal and professional experience investigating economies around the world and therefore takes a global view. The ideas discussed are intended for countries currently under different stages of development and are not restricted to only developed countries or emerging economies. This book examines what we as a society can do to achieve universal prosperity with the recurring topic of the intertwining nature of liberty and prosperity; without prosperity, man cannot have true liberty, and the best way to achieve universal prosperity is by providing liberty to all. It identifies the appropriate measures from existing liberal theories that could help achieve this long-term goal, while also introducing contrarian ideas, including the elimination of income tax, denationalization of money, and the reduction in the role of central banks. The central theme is that liberty in all aspects of economic activity, coupled with universal basic income, could create universal prosperity. This book will particularly appeal to those with a general interest in the economy and business, as well as students who seek an overview of classical macroeconomic principles; however, the book’s innovative ideas may also be of interest to professional economists.

Raising the Floor

Author : Andy Stern
Publisher : PublicAffairs
ISBN 13 : 161039626X
Total Pages : 270 pages
Book Rating : 4.6/5 (13 download)

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Book Synopsis Raising the Floor by : Andy Stern

Download or read book Raising the Floor written by Andy Stern and published by PublicAffairs. This book was released on 2016-06-14 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Raising the Floor confronts America's biggest economic challenge-the fundamental restructuring of the economy and the emerging disruptive technology that threaten secure jobs and income. Andy Stern convincingly shows why it is time to consider a universal basic income as the nation's twenty-first-century solution to increasing inequality. In 2010, troubled by watching families chase the now-elusive American Dream, Andy Stern began a five-year journey to investigate how technology will impact jobs and the future of work. Stern, formerly the head of the nation's most influential and fastest-growing union, the Service Employees International Union, investigated these issues with a wide range of CEOs, futurists, economists, workers, entrepreneurs, and investment bankers who are shaping the future. The sobering assessment that emerged from his research-across the political spectrum, from libertarians at the CATO Institute to the leaders of the progressive left-is that this time is different: there will be meager benefits that come with full-time work and fewer good jobs overall. Facing such a challenging moment, Stern's solution is fittingly bold: to establish a universal basic income by eliminating many current government programs and adding new resources. At once vivid, provocative, and pragmatic, Raising the Floor will spark a national conversation about creating the new American Dream.

Economic Dignity

Author : Gene Sperling
Publisher : Penguin
ISBN 13 : 198487988X
Total Pages : 384 pages
Book Rating : 4.9/5 (848 download)

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Book Synopsis Economic Dignity by : Gene Sperling

Download or read book Economic Dignity written by Gene Sperling and published by Penguin. This book was released on 2020-05-05 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Timely and important . . . It should be our North Star for the recovery and beyond.” —Hillary Clinton “Sperling makes a forceful case that only by speaking to matters of the spirit can liberals root their belief in economic justice in people’s deepest aspirations—in their sense of purpose and self-worth.” —The New York Times When Gene Sperling was in charge of coordinating economic policy in the Obama White House, he found himself surprised when serious people in Washington told him that the Obama focus on health care was a distraction because it was “not focused on the economy.” How, he asked, was the fear felt by millions of Americans of being one serious illness away from financial ruin not considered an economic issue? Too often, Sperling found that we measured economic success by metrics like GDP instead of whether the economy was succeeding in lifting up the sense of meaning, purpose, fulfillment, and security of people. In Economic Dignity, Sperling frames the way forward in a time of wrenching change and offers a vision of an economy whose guiding light is the promotion of dignity for all Americans.

Exploring Universal Basic Income

Author : Ugo Gentilini
Publisher : World Bank Publications
ISBN 13 : 1464815119
Total Pages : 325 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Exploring Universal Basic Income by : Ugo Gentilini

Download or read book Exploring Universal Basic Income written by Ugo Gentilini and published by World Bank Publications. This book was released on 2019-11-25 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: Universal basic income (UBI) is emerging as one of the most hotly debated issues in development and social protection policy. But what are the features of UBI? What is it meant to achieve? How do we know, and what don’t we know, about its performance? What does it take to implement it in practice? Drawing from global evidence, literature, and survey data, this volume provides a framework to elucidate issues and trade-offs in UBI with a view to help inform choices around its appropriateness and feasibility in different contexts. Specifically, the book examines how UBI differs from or complements other social assistance programs in terms of objectives, coverage, incidence, adequacy, incentives, effects on poverty and inequality, financing, political economy, and implementation. It also reviews past and current country experiences, surveys the full range of existing policy proposals, provides original results from micro†“tax benefit simulations, and sets out a range of considerations around the analytics and practice of UBI.

Principles

Author : Ray Dalio
Publisher : Simon and Schuster
ISBN 13 : 1982112387
Total Pages : 560 pages
Book Rating : 4.9/5 (821 download)

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Book Synopsis Principles by : Ray Dalio

Download or read book Principles written by Ray Dalio and published by Simon and Schuster. This book was released on 2018-08-07 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: #1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.

Basic Income

Author : Philippe Van Parijs
Publisher : Harvard University Press
ISBN 13 : 0674978099
Total Pages : 395 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis Basic Income by : Philippe Van Parijs

Download or read book Basic Income written by Philippe Van Parijs and published by Harvard University Press. This book was released on 2017-03-20 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Powerful as well as highly engaging—a brilliant book.” —Amartya Sen A Times Higher Education Book of the Week It may sound crazy to pay people whether or not they’re working or even looking for work. But the idea of providing an unconditional basic income to everyone, rich or poor, active or inactive, has long been advocated by such major thinkers as Thomas Paine, John Stuart Mill, and John Kenneth Galbraith. Now, with the traditional welfare state creaking under pressure, it has become one of the most widely debated social policy proposals in the world. Basic Income presents the most acute and fullest defense of this radical idea, and makes the case that it is our most realistic hope for addressing economic insecurity and social exclusion. “They have set forth, clearly and comprehensively, what is probably the best case to be made today for this form of economic and social policy.” —Benjamin M. Friedman, New York Review of Books “A rigorous analysis of the many arguments for and against a universal basic income, offering a road map for future researchers.” —Wall Street Journal “What Van Parijs and Vanderborght bring to this topic is a deep understanding, an enduring passion and a disarming optimism.” —Steven Pearlstein, Washington Post

God's Universal Economy

Author : Charif Noureddine
Publisher : Dorrance Publishing
ISBN 13 :
Total Pages : 480 pages
Book Rating : 4.8/5 (912 download)

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Book Synopsis God's Universal Economy by : Charif Noureddine

Download or read book God's Universal Economy written by Charif Noureddine and published by Dorrance Publishing. This book was released on 2024-06-06 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economy is a need and priority in human life that is governed by cosmic norms based on supply and demand, scarcity and abundance, production, consumption and rotation, with the rotation of planets and galaxies in the universe. It is the economy of interdependence, sharing and circulation. It’s indispensable in terms of the wisdom and appreciation and management of God in distributing the resources of His wealth, treasures, and people on the planet. God’s Universal Economy refers and clarifies the wealth of the universe or the sky and the earth, being from God. It is the right of all people on the planet, regardless of the names and affiliations, how and where they were born. They have a country, a continent, and a planet. Therefore, the book emphasizes the rights of the individual and society in terms of equality, consolation, and justice in distributing God's wealth to all people on earth, calling for love and unity of peoples, the end of conflicts, the beginning of a hot era of civilization, protection of the planet from its ruin and destruction, and the emphasis on freedoms that end at the limits of the freedom. About the Author Originally from Lebanon, Charif Noureddine attended Belarusian State Technological University, Minsk-Belarus, and he received a Ph.D. in Economics and National Economic Management (2011) from the American University for Culture and Education and his Master of Business Administration (2009). Charif and his wife have a daughter and a son, who each have given them grandchildren. They reside in the State of Cyprus, the city of Larnaca, since obtaining permanent residence.

The Economics of Belonging

Author : Martin Sandbu
Publisher : Princeton University Press
ISBN 13 : 0691204527
Total Pages : 296 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis The Economics of Belonging by : Martin Sandbu

Download or read book The Economics of Belonging written by Martin Sandbu and published by Princeton University Press. This book was released on 2020-06-16 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This is a proposal for a short book (of around 50,000 words) that speaks directly to the state we are in. The populist insurgency on both sides of the Atlantic and in Europe has deep roots in decades of mismanagement of economic and cultural change and as a result there are large groups of people who feel they no longer belong to the societies they live in, the disinfranchised, the left behind. The appeal of the anti-liberal populists who have emerged is that they convince those who feel left behind that national leaders are no longer working in their interests hence the rhetoric of 'putting America first' and 'making America great again' or the Brexiteers claining that they are 'taking back control.' In undemocractic regimes elsewhere populists play on people's feelings of insecurity in an unpredictable and fast changing world, promising security and order in exchange for democratic freedom. Liberal openness has been put on the defensive so it is up to us, electorates, politicians and policy makers, to show how an open and liberal economic system can once again belong to everyone. In the second part of the book Martin Sandbu outlines four key areas of economic policy that he believes will address not just the symptoms but the underlying causes of the current inequality which has led to so many people, especially the young and the most vulnerable being left behind. These include productivity, regional development, improved access to business finance for SMEs, and increaed representation for workers. He makes a number of other recommendaitons regarding housing, education for all, universal basic income and taxation. He concludes by saying that while these proposals add up to a radical package in total they are necessary reforms to ensure a sense of belonging and without them we could be opening the door to a radicalism which is both illiberal and undemocratic"--

Principles of Economics

Author : Alfred Marshall
Publisher :
ISBN 13 :
Total Pages : 866 pages
Book Rating : 4.A/5 ( download)

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Book Synopsis Principles of Economics by : Alfred Marshall

Download or read book Principles of Economics written by Alfred Marshall and published by . This book was released on 1898 with total page 866 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Give People Money

Author : Annie Lowrey
Publisher : Crown
ISBN 13 : 1524758787
Total Pages : 274 pages
Book Rating : 4.5/5 (247 download)

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Book Synopsis Give People Money by : Annie Lowrey

Download or read book Give People Money written by Annie Lowrey and published by Crown. This book was released on 2018-07-10 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: A New York Times Book Review Editors' Choice Shortlisted for the 2018 FT & McKinsey Business Book of the Year Award A brilliantly reported, global look at universal basic income—a stipend given to every citizen—and why it might be necessary in an age of rising inequality, persistent poverty, and dazzling technology. Imagine if every month the government deposited $1,000 into your bank account, with nothing expected in return. It sounds crazy. But it has become one of the most influential and hotly debated policy ideas of our time. Futurists, radicals, libertarians, socialists, union representatives, feminists, conservatives, Bernie supporters, development economists, child-care workers, welfare recipients, and politicians from India to Finland to Canada to Mexico—all are talking about UBI. In this sparkling and provocative book, economics writer Annie Lowrey examines the UBI movement from many angles. She travels to Kenya to see how a UBI is lifting the poorest people on earth out of destitution, India to see how inefficient government programs are failing the poor, South Korea to interrogate UBI’s intellectual pedigree, and Silicon Valley to meet the tech titans financing UBI pilots in expectation of a world with advanced artificial intelligence and little need for human labor. Lowrey explores the potential of such a sweeping policy and the challenges the movement faces, among them contradictory aims, uncomfortable costs, and, most powerfully, the entrenched belief that no one should get something for nothing. In the end, she shows how this arcane policy has the potential to solve some of our most intractable economic problems, while offering a new vision of citizenship and a firmer foundation for our society in this age of turbulence and marvels.

Economics Rules

Author : Dani Rodrik
Publisher : Oxford University Press, USA
ISBN 13 : 0198736894
Total Pages : 268 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis Economics Rules by : Dani Rodrik

Download or read book Economics Rules written by Dani Rodrik and published by Oxford University Press, USA. This book was released on 2015 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: A leading economist trains a lens on his own discipline to uncover when it fails and when it works.

Good Economics for Hard Times

Author : Abhijit V. Banerjee
Publisher : PublicAffairs
ISBN 13 : 1541762878
Total Pages : 398 pages
Book Rating : 4.5/5 (417 download)

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Book Synopsis Good Economics for Hard Times by : Abhijit V. Banerjee

Download or read book Good Economics for Hard Times written by Abhijit V. Banerjee and published by PublicAffairs. This book was released on 2019-11-12 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: The winners of the Nobel Prize show how economics, when done right, can help us solve the thorniest social and political problems of our day. Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Much greater than space travel or perhaps even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it. Immigration and inequality, globalization and technological disruption, slowing growth and accelerating climate change--these are sources of great anxiety across the world, from New Delhi and Dakar to Paris and Washington, DC. The resources to address these challenges are there--what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us. If we succeed, history will remember our era with gratitude; if we fail, the potential losses are incalculable. In this revolutionary book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge, building on cutting-edge research in economics explained with lucidity and grace. Original, provocative, and urgent, Good Economics for Hard Times makes a persuasive case for an intelligent interventionism and a society built on compassion and respect. It is an extraordinary achievement, one that shines a light to help us appreciate and understand our precariously balanced world.

"Are Economists Basically Immoral?"

Author : Paul T. Heyne
Publisher :
ISBN 13 :
Total Pages : 516 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis "Are Economists Basically Immoral?" by : Paul T. Heyne

Download or read book "Are Economists Basically Immoral?" written by Paul T. Heyne and published by . This book was released on 2008 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: ""Art Economists Basically Immoral?" and Other Essays on Economics, Ethics, and Religion is a collection of Heyne's essays focused on an issue that preoccupied him throughout his life and which concerns many free-market skeptics - namely, how to reconcile the apparent selfishness of a free-market economy with ethical behavior." "Written with the nonexpert in mind, and in a highly engaging style, these essays will interest students of economics, professional economists with an interest in ethical and theological topics, and Christians who seek to explore economic issues."--BOOK JACKET.