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The Structure Of Production
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Book Synopsis The Structure of Production by : Mark Skousen
Download or read book The Structure of Production written by Mark Skousen and published by NYU Press. This book was released on 2017-12-12 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2014, the U. S. government adopted a new quarterly statistic called gross output (GO), the most significance advance in national income accounting since gross domestic product (GDP) was developed in the 1940s. The announcement came as a triumph for Mark Skousen, who advocated GO nearly 25 years ago as an essential macroeconomic tool and a better way to measure the economy and the business cycle. Now it has become an official statistic issued quarterly by the Bureau of Economic Analysis at the U. S. Department of Commerce. In this new revised edition of Structure of Production, Skousen shows why GO is a more accurate and comprehensive measure of the economy because it includes business-to-business transactions that move the supply chain along to final use. (GDP measures the value of finished goods and services only, and omits B-to-B activity.) GO is an attempt to measure spending at all stages of production. Using GO, Skousen demonstrates that the supply-side of the business spending is far more important than consumer spending, is more consistent with economic growth theory, and a better measure of the business cycle.
Book Synopsis Economic Hierarchies, Organization and the Structure of Production by : Gordon Tullock
Download or read book Economic Hierarchies, Organization and the Structure of Production written by Gordon Tullock and published by Springer Science & Business Media. This book was released on 1992-04-30 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics has been basically a study of the interactions between organizations, with some organizations being so small we only have one person in them. The internal organization of the largest hierarchies has indeed been looked at, but a good reason for working less on these organizations is that the internal reactions are much harder to understand. It is sensible to solve the problems we can solve and put the others off until later. The author's basic purpose here is to look at these larger hierarchical organizations, and develop a scientific account of them. In Economic Hierarchies, Organization and the Structure of Production Gordon Tullock examines the internal functioning and organization of the corporation. In the author's personal tradition, the book relies on narrative analysis rather than mathematical complexity to convey insights into the functioning of the corporation.
Book Synopsis The Structure of World History by : Kojin Karatani
Download or read book The Structure of World History written by Kojin Karatani and published by Duke University Press. This book was released on 2014-03-28 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this major, paradigm-shifting work, Kojin Karatani systematically re-reads Marx's version of world history, shifting the focus of critique from modes of production to modes of exchange. Karatani seeks to understand both Capital-Nation-State, the interlocking system that is the dominant form of modern global society, and the possibilities for superseding it. In The Structure of World History, he traces different modes of exchange, including the pooling of resources that characterizes nomadic tribes, the gift exchange systems developed after the adoption of fixed-settlement agriculture, the exchange of obedience for protection that arises with the emergence of the state, the commodity exchanges that characterize capitalism, and, finally, a future mode of exchange based on the return of gift exchange, albeit modified for the contemporary moment. He argues that this final stage—marking the overcoming of capital, nation, and state—is best understood in light of Kant's writings on eternal peace. The Structure of World History is in many ways the capstone of Karatani's brilliant career, yet it also signals new directions in his thought.
Book Synopsis Economic Growth of Nations by : Simon Kuznets
Download or read book Economic Growth of Nations written by Simon Kuznets and published by . This book was released on 1976 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Production written by Pol Antràs and published by Princeton University Press. This book was released on 2020-10-13 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global Production is the first book to provide a fully comprehensive overview of the complicated issues facing multinational companies and their global sourcing strategies. Few international trade transactions today are based on the exchange of finished goods; rather, the majority of transactions are dominated by sales of individual components and intermediary services. Many firms organize global production around offshoring parts, components, and services to producers in distant countries, and contracts are drawn up specific to the parties and distinct legal systems involved. Pol Antràs examines the contractual frictions that arise in the international system of production and how these frictions influence the world economy. Antràs discusses the inevitable complications that develop in contract negotiation and execution. He provides a unified framework that sheds light on the factors helping global firms determine production locations and other organizational choices. Antràs also implements a series of systematic empirical tests, based on recent data from the U.S. Customs and Census Offices, which demonstrate the relevance of contractual factors in global production decisions. Using an integrated approach, Global Production is an excellent resource for researchers, graduate students, and advanced undergraduates interested in the inner workings of international economics and trade.
Book Synopsis The Structure of Production by : Mark Skousen
Download or read book The Structure of Production written by Mark Skousen and published by . This book was released on 1990-01-01 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Production of Houses by : Christopher Alexander
Download or read book The Production of Houses written by Christopher Alexander and published by . This book was released on 1985 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: As an innovative thinker about building and planning, Christopher Alexander has attracted a devoted following. His seminal books--The Timeless Way of Building, A Pattern Language, and The Oregon Experiment--defined a radical and fundamently new process of environmental design. Alexander now gives us the latest book in his series--a book that puts his theories to the test and shows what sort of production system can create the kind of environment he has envisioned. The Production of Houses centers around a group of buildings which Alexander and his associates built in 1976 in northern Mexico. Each house is different and the book explains how each family helped to lay out and construct its own home according to the family's own needs and in the framework of the pattern language. Numerous diagrams and tables as well as a variety of anecdotes make the day-today process clear. The Mexican project, however, is only the starting point for a comprehensive theory of housing production. The Production of Houses describes seven principles which apply to any system of production in any part of the world for housing of any cost in any climate or culture or at any density. In the last part of the book, "The Shift of Paradigm," Alexander describes, in detail, the devastating nature of the revolution in world view which is contained in his proposal for housing construction, and its overall implications for deep-seated cultural change.
Book Synopsis Input-Output Analysis and the Structure of Income Distribution by : K. Miyazawa
Download or read book Input-Output Analysis and the Structure of Income Distribution written by K. Miyazawa and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this study is in keeping with the shift in concern over the eco nomic problems of growth to those of income distribution in recent years. Income distribution problems may be analyzed by not only the traditional procedures, but also by some extensions of the input-output technique as I shall demonstrate in this volume of the Lecture Notes. Some fruitful results are obtained by applying the extended input-output technique to income analysis as well as to output analysis. This volume consists of three parts. These parts may be viewed along two veins, with some overlapping unavoidable: (1) Parts One and Two contain extensions of the input-output analysis and (2) Parts One and Three contain studies of the effects of the structure of income distribution on some other economic relationships. First, as an extension of the input-output analysis, we present a synthesis of the Leontief interindustry matrix multiplier and the Keynesian income multiplier in disaggregated form, and introduce a new concept which may be called the "Interrela tional Income Multiplier" as a matrix. It is designed to analyze the interrelation ships among various income-groups in the process of income formation through the medium of industrial production activity. Although this multi-sector multiplier follows from Leontief's interindustry matrix multiplier, it is formulated by the inclusion of the income generation process, which is omitted in the usual input output open model, and by projecting the multiplier process into not only the output determination side, but also into the income-determination side.
Book Synopsis Plough, Sword, and Book by : Ernest Gellner
Download or read book Plough, Sword, and Book written by Ernest Gellner and published by University of Chicago Press. This book was released on 1989 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Elucidates and argues for the author's concept of human history from the past to the present.
Book Synopsis Economic Hierarchies, Organization and the Structure of Production by : Gordon Tullock
Download or read book Economic Hierarchies, Organization and the Structure of Production written by Gordon Tullock and published by Springer. This book was released on 2012-09-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics has been basically a study of the interactions between organizations, with some organizations being so small we only have one person in them. The internal organization of the largest hierarchies has indeed been looked at, but a good reason for working less on these organizations is that the internal reactions are much harder to understand. It is sensible to solve the problems we can solve and put the others off until later. The author's basic purpose here is to look at these larger hierarchical organizations, and develop a scientific account of them. In Economic Hierarchies, Organization and the Structure of Production Gordon Tullock examines the internal functioning and organization of the corporation. In the author's personal tradition, the book relies on narrative analysis rather than mathematical complexity to convey insights into the functioning of the corporation.
Book Synopsis Man, Economy, and State with Power and Market by : Murray N. Rothbard
Download or read book Man, Economy, and State with Power and Market written by Murray N. Rothbard and published by Bubok. This book was released on 2012-10-23 with total page 1506 pages. Available in PDF, EPUB and Kindle. Book excerpt: The era of modern economics emerged with the publication of Carl Menger?s seminal work, Principles of Economics, in 1871. In this slim book, Menger set forth the correct approach to theoretical research in economics and elaborated some of its immediate implications. In particular, Menger sought to identify the causal laws determining the prices that he observed being paid daily in actual markets.4 His stated goal was to formulate a realistic price theory that would provide an integrated explanation of the formation of market phenomena valid for all times and places.5 Menger?s investigations led him to the discovery that all market prices, wage rates, rents, and interest rates could ultimately be traced back to the choices and actions of consumers striving to satisfy their most important wants by ?economizing? scarce means or ?economic goods.? Thus, for Menger, all prices, rents, wage, and interest rates were the outcome of the value judgments of individual consumers who chose between concrete units of different goods according to their subjective values or ?marginal utilities? to use the term coined by his student Friedrich Wieser. With this insight was born modern economics.
Book Synopsis Spatial Divisions of Labour by : Doreen Massey
Download or read book Spatial Divisions of Labour written by Doreen Massey and published by Bloomsbury Publishing. This book was released on 1995-06-28 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first edition of Spatial Divisions of Labour rapidly became a classic. It had enormous influence on thinking about uneven development, the nature of economic space, and the conceptualisation of place arguing for an approach embedding all these issues in a notion of spatialised social relations. This second edition includes a new first chapter and an extensive additional concluding essay addressing key issues in the debates and controversies which followed initial publication.
Book Synopsis Sectoral Systems of Innovation and Production in Developing Countries by : Franco Malerba
Download or read book Sectoral Systems of Innovation and Production in Developing Countries written by Franco Malerba and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade there has been a dramatic increase in the quantity and quality of research focused on the processes through which technological capabilities are acquired by countries significantly behind the economic frontier, and the institutions that effectively support the catching up process. This book is a splendid contribution to this literature. The concept of a sectoral innovation system is well suited for framing studies of these kinds of questions, and serves well to unify the many interesting empirical studies in the book. Some of those studies are success stories, others of less successful cases. Readers new to this body of research will find this book a great introduction. All readers will learn a lot from it about what is required for and involved in economic development. Richard R. Nelson, Columbia Earth Institute, US and University of Manchester, UK This book examines in detail the features and dynamics of sectoral systems of innovation and production in developing countries. Processes of rapid growth are usually associated with specific sectors such as automobiles, electronics or software, as well as with the transformation of traditional sectors such as agriculture and food. The book shows, however, that the variations across all these sectors in terms of structure and dynamics is so great that a full understanding of these differences is necessary if innovation is to be encouraged and growth sustained. The expert contributors promote this understanding by drawing upon empirical evidence from a wide range of sectoral systems, from traditional to high technology, and across a number of countries. They explore how these systems change and evolve, highlighting policy lessons to be drawn from the analysis. Case studies include the Brazilian aeronautical, pulp and paper industries, the Korean machine tool sector, motorbike manufacture in Thailand and Vietnam, pharmaceuticals and telecommunication equipment in India, ICT in Taiwan, the biofuels sector in Tanzania, salmon farming in Chile and software in Uruguay. Scholars and researchers in the fields of economics development economics in particular and innovation will find this book to be of great interest. Policymakers and managers focussing on innovation and growth in developing countries will also warmly welcome the book.
Book Synopsis Stabilizing an Unstable Economy by : Hyman Minsky
Download or read book Stabilizing an Unstable Economy written by Hyman Minsky and published by McGraw Hill Professional. This book was released on 2008-05-01 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Mr. Minsky long argued markets were crisis prone. His 'moment' has arrived.” -The Wall Street Journal In his seminal work, Minsky presents his groundbreaking financial theory of investment, one that is startlingly relevant today. He explains why the American economy has experienced periods of debilitating inflation, rising unemployment, and marked slowdowns-and why the economy is now undergoing a credit crisis that he foresaw. Stabilizing an Unstable Economy covers: The natural inclination of complex, capitalist economies toward instability Booms and busts as unavoidable results of high-risk lending practices “Speculative finance” and its effect on investment and asset prices Government's role in bolstering consumption during times of high unemployment The need to increase Federal Reserve oversight of banks Henry Kaufman, president, Henry Kaufman & Company, Inc., places Minsky's prescient ideas in the context of today's financial markets and institutions in a fascinating new preface. Two of Minsky's colleagues, Dimitri B. Papadimitriou, Ph.D. and president, The Levy Economics Institute of Bard College, and L. Randall Wray, Ph.D. and a senior scholar at the Institute, also weigh in on Minsky's present relevance in today's economic scene in a new introduction. A surge of interest in and respect for Hyman Minsky's ideas pervades Wall Street, as top economic thinkers and financial writers have started using the phrase “Minsky moment” to describe America's turbulent economy. There has never been a more appropriate time to read this classic of economic theory.
Book Synopsis Capital and Its Structure by : Ludwig M. Lachmann
Download or read book Capital and Its Structure written by Ludwig M. Lachmann and published by Ludwig von Mises Institute. This book was released on 1956 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Nature of the Firm by : Oliver E. Williamson
Download or read book The Nature of the Firm written by Oliver E. Williamson and published by Oxford University Press, USA. This book was released on 1993 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume features a series of essays which arose from a conference on economics, addressing the question: what is the nature of the firm in economic analysis? This paperback edition includes the Nobel Lecture of R.N. Case.
Book Synopsis Money, Interest, and the Structure of Production by : Mateusz Machaj
Download or read book Money, Interest, and the Structure of Production written by Mateusz Machaj and published by Lexington Books. This book was released on 2017-10-05 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is macroeconomic equilibrium possible under capitalism? How do economic bubbles develop? How does a monetary system influence the market mechanism? Is the return on capital a beneficial feature of the economic system? How does complexity of a capitalist organization influence the market process? Can output under capitalism be easily measured and modeled? Such questions and many others relate to the central concept discussed in the book: heterogeneous structure of production, an envisioned theoretical connection between stages of the capitalist process. An inquiry into the functioning of a capital structure is necessary to understand the workings of the interest rate, savings, aggregate demand, and economic growth. Additionally it provides a theoretical framework to recognize consequences of monetary regimes and interest rate policies performed by the central banks. Capital structure concepts have their place at the center of economic theory as they can provide a broad range of insights into our understanding of the real world. Money, Interest, and the Structure of Production offers key insights in that direction.
