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Vienna Chicago Friends Or Foes
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Book Synopsis Vienna & Chicago, Friends or Foes? by : Mark Skousen
Download or read book Vienna & Chicago, Friends or Foes? written by Mark Skousen and published by Simon and Schuster. This book was released on 2016-03-01 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is the bridge between the Austrian and Chicago schools coming together or moving apart? In Vienna and Chicago, Friends or Foes? economist and author Mark Skousen debates the Austrian and Chicago schools of free-market economics, which differ in monetary policy, business cycle, government policy, and methodology. Both have played a successful role in advancing classic free-market economics and countering the critics of capitalism during crucial times and the battle of ideas. But, which of the two is correct in its theories?
Book Synopsis Re-Understanding Entrepreneurship by : Weiying Zhang
Download or read book Re-Understanding Entrepreneurship written by Weiying Zhang and published by Cambridge University Press. This book was released on 2024-05-02 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do entrepreneurs make decisions in the real world? Why are entrepreneurs absent from mainstream economics? What functions do entrepreneurs play in the market? What type of institutional environment is needed for entrepreneurship to play a role? Neoclassical economics is a market theory without entrepreneurship. This misconception distorts our understanding of how the real market works, leading to a theory of market failure that forms the common foundation of various government interventions. The market is not only an allocative process but, more importantly, a discovery and creative process. To understand the real market, Weiying Zhang argues that economics must shift from a price-centric to an entrepreneur-centric paradigm. Blending theory and narrative, Zhang intersects history with the present supporting his theory with relevant case studies. He argues that once entrepreneurship in the market is correctly understood, the foundation for government intervention is undermined and the economy can sustainably flourish.
Book Synopsis Capital in Disequilibrium by : Peter Lewin
Download or read book Capital in Disequilibrium written by Peter Lewin and published by Routledge. This book was released on 1998-12-17 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on the work of the Austrian School and its heirs, Capital in Disequilibrium develops a modern, systematic version of capital theory in order to suggest a new approach to the subject of economics. Original and provocative in his reflection, Lewin offers both a new approach and an accessible discussion of one of the most important, but also one of the most difficult, areas in economics.
Book Synopsis Power and Political Economy from Thatcher to Blair by : Robert Ledger
Download or read book Power and Political Economy from Thatcher to Blair written by Robert Ledger and published by Routledge. This book was released on 2021-03-04 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the policies of the Thatcher, Major and Blair governments and their approaches towards concentration of economic and political power. The 1979–2007 British governments have variously been described as liberal or, to use a political insult and a favourite academic label, neoliberal. One of the stated objectives of the Thatcher, Major and Blair governments—albeit with differing focal points—was to disperse power and to empower the individual. This was also a consistent theme of the first generation of neoliberals, who saw monopolies, vested interests and concentration more generally as the ‘great enemy of democracy’. Under Thatcher and Major, Conservatives sought to liberalize the economy and spread ownership through policies like Right to Buy and privatisation. New Labour dispersed political power with its devolution agenda, granted operational independence to the Bank of England and put in place a seemingly robust antitrust framework. All governments during the 1979–2007 period pursued choice in public services. Yet our modern discourse characterises Britain as beset by endemic power concentration, in markets and politics. What went wrong? How did so-called neoliberal governments, which invoked liberty and empowerment, fail to disperse power and allow concentration to continue, recur or arise? The book will be of interest to students and scholars of contemporary British history, political economy and politics, as well as specific areas of study such as Thatcherism and New Labour.
Download or read book Economic Logic written by Mark Skousen and published by Regnery Publishing. This book was released on 2008-05-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Eureka! Skousen has done the impossible. Students love it! I will never use another textbook again."--Harry Veryser, University of Detroit-Mercy They said it couldn't be done. Austrian economics is so different, they said, that it couldn't be integrated into standard "neo-classical" textbooks. Consequently, college students learn nothing about the great Austrian economists (Mises, Hayek, Schumpeter). Professor Mark Skousen'sEconomic Logic aims to change that. Based on his popular course taught at Columbia University, Skousen starts his "micro" section with Carl Menger's "theory of the good" and the profit-and-loss income statement to explain the dynamics of the market process, entrepreneurship, and the advantages of saving. Then he uses a powerful Hayekian four-stage model of the economy to introduce "macro," including a new Austrian measure of spending at all stages of production (Gross Domestic Expenditures). Economic Logic also offers chapters on the international gold standard, the defects of central banking, and the Mises/Hayek theory of the business cycle. A full critique of the Keynesian Aggregate Supply and Demand (AS-AD) model is provided with a revolutionary Austrian alternative. Entrepreneurship, the financial markets, environmental economics, monetary policy and inflation, federal spending and taxes, and government regulation are all included. Also covered are the leaders of all schools, including Austrian, Keynesians, Marxist, Chicago, and Public Choice.
Book Synopsis Milton Friedman: A Biography by : Lanny Ebenstein
Download or read book Milton Friedman: A Biography written by Lanny Ebenstein and published by St. Martin's Press. This book was released on 2007-01-23 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first biography of one of the twentieth century's greatest economic thinkers, Milton Friedman. Born the son of immigrant parents, Milton Friedman went on to become a major figure during the resurgence of American conservatism. As an advisor to the Reagan administration and a widely read columnist, he played a vital role in shaping government policy and public opinion while he made headlines for his controversial views. Drawing on author Lanny Ebenstein's unprecedented access to personal archives and to Friedman himself, this is the first book to trace his life and development as an economic theorist. With a combination of intimate personal detail and fascinating exploration of economic theory, Milton Friedman: A Biography provides a revealing look at the man regarded by many as a hero of libertarianism and laissez-faire economics.
Book Synopsis Money and Justice by : Leszek Niewdana
Download or read book Money and Justice written by Leszek Niewdana and published by Routledge. This book was released on 2015-02-11 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Money has always represented power. For Aristotle, this power was inseparable from the exercise of justice within a community. This is why issuance of money was the prerogative of the lawful authority (government). Such a view of monetary power was widespread, and includes societies as distant as China. Over the past several centuries, however, private interests increasingly tapped into the exercise of the money power. Through gradual shifts, commercial banks have gained a legally protected right to create money through issuance of debts. The aim of this book is to unravel various layers hiding the real workings of modern money and banking systems and injustices ingrained in them. By asking what money really is, who controls it and for what purpose (why), the book provides insight into understanding of modern money and banking systems, as well as the causes of growing financialization of economies throughout the world, money manias and economic instability. The book also increases the awareness of injustices hidden in the workings of modern money and banking systems and the need for moral underpinnings of such systems. Finally, it suggests a money system which could immensely improve human, economic, and ecological conditions.
Book Synopsis Neoliberal Thought and Thatcherism by : Robert Ledger
Download or read book Neoliberal Thought and Thatcherism written by Robert Ledger and published by Routledge. This book was released on 2017-12-01 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: The premiership of Margaret Thatcher has been portrayed as uniquely ideological in its pursuit of a more market-based economy. A body of literature has been built on how a sharp turn to the right by the Conservative Party during the 1980s - inspired by the likes of Milton Friedman and Friedrich Hayek - acted as one of the key stepping stones to the turbo-charged capitalism and globalization of our modern world. But how ‘neoliberal’ was Thatcherism? The link between ideas and the Thatcher government has frequently been over-generalized and under-specified. Existing accounts tend to characterize neoliberalism as a homogeneous, and often ill-defined, group of thinkers that exerted a broad influence over the Thatcher government. In particular, this study explores how Margaret Thatcher approached special interest groups, a core neoliberal concern. The results demonstrate a willingness to utilize the state, often in contradictory ways, to pursue apparently more market orientated policies. This book - through a combination of archival research, interviews and examination of neoliberal thought itself - defines the dominant strains of neoliberalism more clearly and explores their relationship with Thatcherism.
Book Synopsis Elgar Companion to Hayekian Economics by : Roger W Garrison
Download or read book Elgar Companion to Hayekian Economics written by Roger W Garrison and published by Edward Elgar Publishing. This book was released on 2014-10-31 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Elgar Companion to Hayekian Economics provides an in-depth treatment of Friedrich August von Hayekês economic thought from his technical economics of the 1920s and 1930s to his broader views on the spontaneous order of a free society. Taken togethe
Book Synopsis The Making of Modern Economics by : Mark Skousen
Download or read book The Making of Modern Economics written by Mark Skousen and published by Routledge. This book was released on 2015-01-28 with total page 770 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is a bold history of economics - the dramatic story of how the great economic thinkers built today's rigorous social science. Noted financial writer and economist Mark Skousen has revised and updated this popular work to provide more material on Adam Smith and Karl Marx, and expanded coverage of Joseph Stiglitz, 'imperfect' markets, and behavioral economics.This comprehensive, yet accessible introduction to the major economic philosophers of the past 225 years begins with Adam Smith and continues through the present day. The text examines the contributions made by each individual to our understanding of the role of the economist, the science of economics, and economic theory. To make the work more engaging, boxes in each chapter highlight little-known - and often amusing - facts about the economists' personal lives that affected their work.
Book Synopsis Constructions of Neoliberal Reason by : Jamie Peck
Download or read book Constructions of Neoliberal Reason written by Jamie Peck and published by Oxford University Press. This book was released on 2010-10-28 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the rise and diffusion of free-market thinking, from the early 20th Century through to the age of Obama. It tracks the ascendency of neoliberalism, its key players and decisive moments of reconstruction, including the Chicago School of economics, New York City's bankruptcy, Hurricane Katrina, and the Wall Street crisis of 2008.
Book Synopsis The Great Persuasion by : Angus Burgin
Download or read book The Great Persuasion written by Angus Burgin and published by Harvard University Press. This book was released on 2012-10-30 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Just as today's observers struggle to justify the workings of the free market in the wake of a global economic crisis, an earlier generation of economists revisited their worldviews following the Great Depression. The Great Persuasionis an intellectual history of that project. Angus Burgin traces the evolution of postwar economic thought in order to reconsider many of the most basic assumptions of our market-centered world. Conservatives often point to Friedrich Hayek as the most influential defender of the free market. By examining the work of such organizations as the Mont Pèlerin Society, an international association founded by Hayek in 1947 and later led by Milton Friedman, Burgin reveals that Hayek and his colleagues were deeply conflicted about many of the enduring problems of capitalism. Far from adopting an uncompromising stance against the interventionist state, they developed a social philosophy that admitted significant constraints on the market. Postwar conservative thought was more dynamic and cosmopolitan than has previously been understood. It was only in the 1960s and '70s that Friedman and his contemporaries developed a more strident defense of the unfettered market. Their arguments provided a rhetorical foundation for the resurgent conservatism of Barry Goldwater and Ronald Reagan and inspired much of the political and economic agenda of the United States in the ensuing decades. Burgin's brilliant inquiry uncovers both the origins of the contemporary enthusiasm for the free market and the moral quandaries it has left behind.
Book Synopsis Champions of a Free Society by : Edward Wayne Younkins
Download or read book Champions of a Free Society written by Edward Wayne Younkins and published by Lexington Books. This book was released on 2008-08-25 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is constructed around great thinkers of the past and present who have been influential in developing the philosophy of freedom. Its main purpose is to provide a survey and overview of the ideas of leading individual philosophers and economists of capitalism who have contributed to developing what might be called the classical liberal or libertarian worldview. Champions of a Free Society endeavors to provide a guide to political and economic thinking about the desirability and construction of a free society that is intelligible to the educated layperson. Edward Younkins provides an historical perspective of the pursuit of political and economic truth. The goal of this book is to present the development of ideas in language that permits generally educated readers to understand and appreciate their significance. The book's chronological approach considers the thinkers and their ideas as they have developed over the course of time. There is much unfulfilled illuminative potential to be found in the ideas of the past and Younkins successfully integrates the ideas of past and current thinkers into a logical contemporary worldview.
Download or read book Milton Friedman written by William Ruger and published by Bloomsbury Publishing USA. This book was released on 2013-09-26 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Milton Friedman (1912-2006) was one of the most important 20th century advocates of libertarian and conservative ideas in academia and amongst the wider public. He made a critical contribution to the development of the free market and monetarist economics that challenged the dominant interventionist and Keynesian paradigm throughout the developed world. His books, popular writings, and television programmes, were crucial to the public understanding of the role of the market in the promotion of human freedom and well-being. This outstanding sets out Friedman's intellectual contribution to economic methodology and our understanding of a host of economic phenomena, including the relationship between consumption and income, the workings of flexible exchange rates, and the relationship between inflation and the supply of money in the economy. Dr Ruger also sets out Friedman's contribution to political theory, discussing Friedman's work on the relationship between economic and political freedom, the social responsibilities of business, and the proper relationship between the individual and the state, particularly in the context of conscription, drug prohibition and discrimination.
Book Synopsis Chicagonomics by : Alan O. Ebenstein
Download or read book Chicagonomics written by Alan O. Ebenstein and published by Macmillan. This book was released on 2015-10-06 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: An in-depth look at the history and development of economic ideas emanating from the University of Chicago
Book Synopsis Economic Thinkers by : David A. Dieterle
Download or read book Economic Thinkers written by David A. Dieterle and published by Bloomsbury Publishing USA. This book was released on 2013-08-08 with total page 591 pages. Available in PDF, EPUB and Kindle. Book excerpt: Who are the individuals whose novel ideas, writings, and philosophies have influenced economics throughout history—and in doing so, have helped change the world? This encyclopedia provides a readable study of economics by examining the great economists themselves. This book presents biographies of 200 economic thinkers throughout history, supplying a one-stop reference about the men and women whose ideas, writings, and philosophies created the foundation of our current understanding of economics. Depicting their subjects within the contexts of history, development economics, and econometrics, these biographies provide an insightful overview of the world of economics through the economists of significance and the many subdisciplines, topics, eras, and philosophies they represent. Economic Thinkers: A Biographical Encyclopedia begins by describing economic thinkers in ancient Greece and Rome, moves through history to cover economists in the 15th through 19th centuries, and addresses economic theory in the 20th century and the modern era. Written to be easily accessible and highly readable, the work will appeal to students, scholars, general readers, and anyone interested in learning about the historical and philosophical foundation of economics.
Book Synopsis Markets in the Name of Socialism by : Johanna Bockman
Download or read book Markets in the Name of Socialism written by Johanna Bockman and published by Stanford University Press. This book was released on 2011-07-26 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Challenging conventional accounts, Markets in the Name of Socialism chronicles a transnational dialogue among economists on both sides of the Iron Curtain about democracy, socialism, and markets. These exchanges led to the transformations of 1989 and, unintentionally, the rise of neoliberalism.
