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Essay On Economy Value
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Book Synopsis There's No Such Thing as "The Economy" by : Samuel A. Chambers
Download or read book There's No Such Thing as "The Economy" written by Samuel A. Chambers and published by punctum books. This book was released on 2018 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every Economics textbook today teaches that questions of values and morality lie outside of, are in fact excluded from, the field of Economics and its proper domain of study, "the economy." Yet the dominant cultural and media narrative in response to major economic crisis is almost always one of moral outrage. How do we reconcile this tension or explain this paradox by which Economics seems to have both everything and nothing to do with values? The discipline of modern economics hypostatizes and continually reifies a domain it calls "the economy"; only this epistemic practice makes it possible to falsely separate the question of value from the broader inquiry into the economic. And only if we have first eliminated value from the domain of economics can we then transform stories of financial crisis or massive corporate corruption into simple tales of ethics. But if economic forces establish, transform, and maintain relations of value then it proves impossible to separate economics from questions of value, because value relations only come to be in the world by way of economic logics. This means that the "positive economics" spoken of so fondly in the textbooks is nothing more than a contradiction in terms, and as this book demonstrates, there's no such thing as "the economy." To grasp the basic logic of capital is to bring into view the unbreakable link between economics and value.
Book Synopsis Economic Point of View by : Israel M. Kirzner
Download or read book Economic Point of View written by Israel M. Kirzner and published by Ludwig von Mises Institute. This book was released on 1960 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays in Positive Economics by : Milton Friedman
Download or read book Essays in Positive Economics written by Milton Friedman and published by University of Chicago Press. This book was released on 1953 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper is concerned primarily with certain methodological problems that arise in constructing the "distinct positive science" that John Neville Keynes called for, in particular, the problem how to decide whether a suggested hypothesis or theory should be tentatively accepted as part of the "body of systematized knowledge concerning what is."
Book Synopsis Essay on Economic Theory, An by : Richard Cantillon
Download or read book Essay on Economic Theory, An written by Richard Cantillon and published by Ludwig von Mises Institute. This book was released on 2010 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Institutional Economics and the Theory of Social Value: Essays in Honor of Marc R. Tool by : Charles M.A. Clark
Download or read book Institutional Economics and the Theory of Social Value: Essays in Honor of Marc R. Tool written by Charles M.A. Clark and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marc R. Tool, both through his writings and his editorship of the Journal of Economic Issues, has had a profound influence on institutional economics. Tool's efforts, in his own words, "has been to keep values on the agenda of economic inquiry," which is another way of saying "keep economic inquiry relevant. " Tool's work on the theory of social value and instrumental valuation has helped to keep institutional economics focused on the core economic and social issues facing society, providing both a perspective from which to analyze the economy and a criteria for evaluating outcomes. This collection of essays is a testament to this legacy. Although these 15 chapters cover a wide and diverse range of topics, it is the common themes which are most striking: the inescapable necessity of values in economic discourse; the central role of valuation in economic activity; and most importantly, the requirement of democratic participation to achieve "efficient" solutions to the economic problem. These essays are offered to honor a body of work, a set of ideas, but mostly a man who, by directing economic inquiry to these core issues, has promoted "the continuity of human life and the noninvidious recreation of community through the instrumental use of knowledge.
Download or read book Economic Dignity written by Gene Sperling and published by Penguin. This book was released on 2021-10-12 with total page 385 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.
Book Synopsis Essays on Marx's Theory of Value by : Isaak Ilyich Rubin
Download or read book Essays on Marx's Theory of Value written by Isaak Ilyich Rubin and published by Pattern Books. This book was released on 2020-10-22 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: Isaak Ilyich Rubin (1886-1937) was a Soviet economist who participated in the Russian Revolution and was a researcher at the Marx-Engels Institute Though his ideas were suppressed by the Soviet Union and he was eventually killed after being accused of Trotskyism, his ideas have since been rehabilitated within modern Marxism. Essays on Marx's Theory of Value (1924) emphasizes the importance of Marx's theory of commodity fetishism within the labor theory of value. It also argues that Marx's mature economic work represented the culmination of his lifetime project to understand how human creative power is shaped by social structures. He also discusses commodity production as a mere theoretical abstraction that only explains one aspect of a developed capitalist economy. The concept of value, as understood by Rubin, cannot exist without the other elements of a full-blown capitalist economy: money, capital, the existence of a proletariat, and so on. This Radical Reprint by Pattern Books is made to be accessible and as close to only manufacturing cost as possible.
Book Synopsis Essays on Marx's Theory of Value by : Isaak Ilʹich Rubin
Download or read book Essays on Marx's Theory of Value written by Isaak Ilʹich Rubin and published by . This book was released on 1973 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political economy, defined in the study of social relations and culture. Originally published in the former Soviet Union, was suppressed and after 1928 it was never re-issued. This is the first English-language edition. Includes an outstanding introductory essay on "Commodity Fetishism" by Freddy Perlman.
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 Essays in Economic Theory by : Simon Nelson Patten
Download or read book Essays in Economic Theory written by Simon Nelson Patten and published by . This book was released on 1924 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economy of Esteem:An Essay on Civil and Political Society by : Geoffrey Brennan
Download or read book The Economy of Esteem:An Essay on Civil and Political Society written by Geoffrey Brennan and published by OUP Oxford. This book was released on 2005-12-15 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: However much people want esteem, it is an untradable commodity-- there is no way that you can buy the good opinion of another or sell to others your good opinion of them. And yet esteem is allocated in society according to systematic determinants: people's performance, publicity, and presentation relative to others will help to fix how much esteem they enjoy and how much disesteem they avoid. In turn, rational individuals are bound to compete with one another, however tacitly, inthe attempt to increase their chances of winning esteem and avoiding disesteem. And this competition shapes the environments in which they each pursue esteem, setting relevant comparators and benchmarks, and determining the cost that a person must bear for obtaining a given level of esteem.Hidden in the multifarious interactions and exchanges of social life, then, there is a quiet force at work -- a force as silent and powerful as gravity -- which molds the basic form of people's relationships and associations. This force was more or less routinely invoked in the writings of classical theorists like Aristotle and Plato, Locke and Montesquieu, Mandeville and Hume and Madison. Although Adam Smith himself gave it great credence, however, the rise of economics proper coincided with asudden decline in the attention devoted to the economy of esteem. What had been a topic of compelling interest for earlier authors fell into relative neglect throughout the nineteenth and twentieth centuries.This book is designed to reverse the trend. It begins by outlining the psychology of esteem and the way the working of that psychology can give rise to an economy. It then shows how a variety of social patterns that are otherwise anomalous come to make a lot of sense within an economics of esteem. And it looks, finally, at the ways in which the economy of esteem may be reshaped to improve overall social outcomes. While making connections with older patterns of social theorising, it offers anovel orientation for contemporary thought about how society works and how it may be made to work. It puts the economy of esteem firmly on the agenda of economics and social science and of moral and political theory.
Download or read book Economic Essays written by David Ricardo and published by New York : Kelley. This book was released on 1923 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Value and Prices in Russian Economic Thought by : François Allisson
Download or read book Value and Prices in Russian Economic Thought written by François Allisson and published by Routledge. This book was released on 2015-05-15 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores Russian synthesis that occurred in Russian economic thought between 1890 and 1920. This includes all the attempts at synthesis between classical political economy and marginalism; the labour theory of value and marginal utility; and value and prices. The various ways in which Russian economists have approached these issues have generally been addressed in a piecemeal fashion in history of economic thought literature. This book returns to the primary sources in the Russian language, translating many into English for the first time, and offers the first comprehensive history of the Russian synthesis. The book first examines the origins of the Russian synthesis by determining the condition of reception in Russia of the various theories of value involved: the classical theories of value of Ricardo and Marx on one side; the marginalist theories of prices of Menger, Walras and Jevons on the other. It then reconstructs the three generations of the Russian synthesis: the first (Tugan-Baranovsky), the second, the mathematicians (Dmitriev, Bortkiewicz, Shaposhnikov, Slutsky, etc.) and the last (Yurovsky), with an emphasis on Tugan-Baranovsky’s initial impetus. This volume is suitable for those studying economic theory and philosophy as well as those interested in the history of economic thought.
Book Synopsis Essays on Piero Sraffa by : Krishna Bharadwaj
Download or read book Essays on Piero Sraffa written by Krishna Bharadwaj and published by Routledge. This book was released on 2017-02-03 with total page 628 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers collected in this book, first published in 1990, represent the edited proceedings of a conference held to celebrate the 25th anniversary of the publication of Piero Sraffa’s Production of Commodities by Means of Commodities. In arranging the conference, and subsequently during the editing of the papers, great care has been taken to invite scholars of different schools of thought to contribute. The result of this collection of ideas has resulted in a most promising critique and provides an extensive alternative to modern Neo-Classical theory, of interest to all students of economic thought.
Book Synopsis Essays in Economics by : Edwin Robert Anderson Seligman
Download or read book Essays in Economics written by Edwin Robert Anderson Seligman and published by . This book was released on 1925 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Essays on MarxÕs Value Theory by : Samir Amin
Download or read book Three Essays on MarxÕs Value Theory written by Samir Amin and published by NYU Press. This book was released on 2013-10-01 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this slim, insightful volume, noted economist Samir Amin returns to the core of Marxian economic thought: Marx’s theory of value. He begins with the same question that Marx, along with the classical economists, once pondered: how can every commodity, including labor power, sell at its value on the market and still produce a profit for owners of capital? While bourgeois economists attempted to answer this question according to the categories of capitalist society itself, Marx sought to peer through the surface phenomena of market transactions and develop his theory by examining the actual social relations they obscured. The debate over Marx’s conclusions continues to this day. Amin defends Marx’s theory of value against its critics and also tackles some of its trickier aspects. He examines the relationship between Marx’s abstract concepts—such as “socially necessary labor time”—and how they are manifested in the capitalist marketplace as prices, wages, rents, and so on. He also explains how variations in price are affected by the development of “monopoly- capitalism,” the abandonment of the gold standard, and the deepening of capitalism as a global system. Amin extends Marx’s theory and applies it to capitalism’s current trajectory in a way that is unencumbered by the weight of orthodoxy and unafraid of its own radical conclusions.
Book Synopsis Essays in Political Economy by : Cairnes
Download or read book Essays in Political Economy written by Cairnes and published by . This book was released on 1873 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt:
