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Uneconomic Economics And The Crisis Of The Model World
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Book Synopsis Uneconomic Economics and the Crisis of the Model World by : M. Watson
Download or read book Uneconomic Economics and the Crisis of the Model World written by M. Watson and published by Springer. This book was released on 2014-01-17 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: What has gone wrong with economics? Economists now routinely devise highly sophisticated abstract models that score top marks for theoretical rigour but are clearly divorced from observable activities in the current economy. This creates an 'uneconomic economics', where models explain relationships in blackboard rather than real-life markets.
Book Synopsis From Uneconomic Growth to a Steady-State Economy by : Herman E. Daly
Download or read book From Uneconomic Growth to a Steady-State Economy written by Herman E. Daly and published by Edward Elgar Publishing. This book was released on 2014-11-28 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: øEditorial-style policy essays substantiate Daly�s argument and he provides specific application of steady-state economics to important current issues, including monetary reform, tax reform, international trade and population. The book also includes di
Book Synopsis Beyond Uneconomic Growth by : Joshua Farley
Download or read book Beyond Uneconomic Growth written by Joshua Farley and published by Edward Elgar Publishing. This book was released on 2016 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Daly's contributions to the still emergent field of ecological economics are constant references for our peers throughout the developing world as well as in the North. His courageous tilting at the windmills of mainstream economic nonsense inspire us to continue questioning: in whose interests do we continue on a perpetual search for unlimited material satisfaction? Daly's conception is not only of a world restricted by biophysical limits, but also one in which poverty and deprivation are commonplace, and where Sisyphean efforts to maintain accelerated economic growth only exacerbate inequitable distribution. His vision of sustainable economic welfare shed light on other aspects of our existence which make it worth living. Thanks to Farley, Rees, El Serafy, Goodland and other fellow travelers, we are bestowed with an excellent collection synthesizing Daly's contributions to our work, which will inspire our youth and their children long after we too depart.' - Peter H. May, President, Brazilian Society for Ecological Economics (ECOECO) 'Contributed by several eminent thinkers, the chapters in this book herald the paradigm shift that is needed to save the scientific framework of economics. In spite of the conceptual inconsistencies, GDP continues to be accepted by the nation states as the singular parameter to comprehensively describe the health of their economy. What gets easily hidden behind 'Market Failures ' is actually the success of cost-shifting on the heads of the ignorant and marginalized people as 'price for economic growth'. The chapters eloquently establish the need for moving beyond the religious faith on a paradigm that is facing fundamental conceptual challenges but has not addressed them with due seriousness. What is a greater contribution of this collection is the identification of the gaps in knowledge of economics that need to be filled-up to arrive at some basic articulations of the new paradigm that can throw some light on what is ecologically and socially 'Sustainable Development'.' - Jayanta Bandyopadhyay, Past President, The Indian Society for Ecological Economics 'The title Beyond Uneconomic Growthcaptures both the core of Herman Daly's key message and the linguistic mastery that makes his texts so enjoyable to read. The book forms a great tribute to the work of Herman Daly by gathering a distinguished set of contributors, covering a a wide variety of the topics that Daly has dealt with, and pointing in new directions.' - Inge Røpke, Aalborg University, Denmark This engaging book brings together leading ecological economists to collectively present a definitive case for looking beyond economic growth as the sole panacea for the world's ecological predicament. Grounded in physics, ecology, and the science of human behavior, contributors show how economic growth itself has become ''uneconomic'' and adds to a ravaging of both social and ecological cohesion. Guided by a clear moral vision that prioritizes sustainability and justice over profit, the authors provide a blueprint for an economy that replaces quantitative growth with qualitative improvement to enhance human welfare while restoring degraded ecosystems. They present solutions for many of today's challenges, ranging from global climate change and biodiversity loss to natural resource depletion. This interdisciplinary work not only relates ecological economics theory to the most urgent predicaments of the contemporary world, but also pays tribute to the work of Herman Daly, a leading pioneer of modern ecological economics. Researchers and faculty studying and teaching ecological economics and environmental studies will find value in this unprecedented book. It will also be of interest to practitioners working to solve a variety of global environmental issues.
Book Synopsis Uneconomic Economics and the Crisis of the Model World by : Matthew Watson
Download or read book Uneconomic Economics and the Crisis of the Model World written by Matthew Watson and published by . This book was released on 2014 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: What has gone wrong with economics? Economists now routinely devise highly sophisticated abstract models that score top marks for theoretical rigour but are clearly divorced from observable activities in the current economy. This creates an 'uneconomic economics', where models explain relationships in blackboard rather than real-life markets.
Download or read book Enough Is Enough written by Rob Dietz and published by Routledge. This book was released on 2013 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This powerful book sets out arguments and an agenda of policy proposals for achieving a sustainable and prosperous, but non-growing economy, also known as a steady-state economy. The authors describe a plan for solving the major social and environmental problems which face us today on a finite planet with a rapidly growing population.
Download or read book The Market written by Matthew Watson and published by Economy Key Ideas. This book was released on 2018 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: Matt Watson unpacks the concept of the market to ask what does it really mean to allow ourselves to submit to market forces. This book provides a major contribution to a deeper appreciation of the dominant economic language of our time, challenging the idea that we can simply defer to the "logic of the market."
Book Synopsis Professional Authority After the Global Financial Crisis by : Malcolm Campbell-Verduyn
Download or read book Professional Authority After the Global Financial Crisis written by Malcolm Campbell-Verduyn and published by Springer. This book was released on 2017-08-10 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book challenges amoral views of finance as the leading realm in which mammon – wealth and profit – is pursued with little overt regard for morality. The author details an enhanced ethical emphasis by leading Anglo–American professionals in the aftermath of the 2007–8 global financial crisis. Instead of merely stressing expert knowledge, professionals sought to overcome the alleged impossibility of serving “two masters” – mammon and God – by embracing religious finance, socio-economic inequality, sustainability and other overtly moral issues. Continuities in liberal values and ideas, however, limited the impact of this enhanced ethical emphasis to restoring the professional authority, as well as to more fundamentally reforming of Anglo–American finance following the most severe period of instability since the Great Depression. Providing a nuanced account of post-crisis change and continuity in a crucially important industry, Campbell-Verduyn advances a dynamic, process-based understanding of authority that will appeal to international political economists and sociologists alike.
Book Synopsis Scandalous Economics by : Aida A. Hozic
Download or read book Scandalous Economics written by Aida A. Hozic and published by Oxford University Press. This book was released on 2016 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about the neglect of gender and race in explanations of the Global Financial Crisis. It is also about the sexual scandals and gendered austerity policies that have relegated public debate, and the crisis itself. We need to look at the activities and the privileges of the advantaged - the "TED women" of the crisis -- as much as the victimization of the disadvantaged - to fully grasp the interplay between gender and economy in this age of restoration.
Book Synopsis Global Political Economy by : John Ravenhill
Download or read book Global Political Economy written by John Ravenhill and published by Oxford University Press. This book was released on 2017 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global Political Economy offers a comprehensive introduction to the field by combining theory, history, and contemporary issues and debates. The authos, who are all leading international experts, introduce readers to the diversity of perspectives in GPE through chapters that combine careful analysis with detailed empirical material. New to this edition: A rewritten chapter on the Global Trade Regime by Professor Ann Capling and Dr Silke Trommer. Increased coverage of the rise of new actors, especially the BRICs, and the role of developing economies in global governance. -- from back cover.
Book Synopsis The Office for Budget Responsibility and the Politics of Technocratic Economic Governance by : Ben Clift
Download or read book The Office for Budget Responsibility and the Politics of Technocratic Economic Governance written by Ben Clift and published by Oxford University Press. This book was released on 2023-03-14 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Office for Budget Responsibility and the Politics of Technocratic Economic Governance is about the politics of economic ideas and technocratic economic governance. It is also a book about the changing political economy of British capitalism's relationship to the European and wider global economies. It focuses on the creation in 2010 and subsequent operation of the independent body created to oversee fiscal rectitude in Britain, the Office for Budget Responsibility (OBR). More broadly, it analyses the politics of economic management of the UK's uncertain trajectory, and of British capitalism's restructuring in the 2010s and 2020s in the face of the upheavals of the global financial crisis (GFC), Brexit and COVID. A focus on the intersection between expert economic opinion of the OBR as UK's fiscal watchdog, and the political economy of British capitalism's evolution through and after Brexit, animates a framework for analysing the politics of technocratic economic governance. The technocratic vision of independent fiscal councils fails to grasp a core political economy insight: that economic knowledge and narratives are political and social constructs. The book unpacks the competing constructions of economic reason that underpin models of British capitalism, and through that inform expert economic assessment of the UK economy. It also underlines how contestable political economic assumptions undergird visions of Britain's international economic relations. These were all brought to the fore in economic policy debates about Britain's place in the world, which in the 2010s centred on Brexit. This book analyses OBR forecasting and fiscal oversight in that broader political context, rather than as a narrowly technical pursuit.
Book Synopsis The End of Theory by : Richard Bookstaber
Download or read book The End of Theory written by Richard Bookstaber and published by Princeton University Press. This book was released on 2019-04-02 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: An in-depth look at how to account for the human complexities at the heart of today’s financial system Our economy may have recovered from the Great Recession—but not our economics. The End of Theory discusses why the human condition and the radical uncertainty of our world renders the standard economic model—and the theory behind it—useless for dealing with financial crises. What model should replace it? None. At least not any version we’ve been using for the past two hundred years. Richard Bookstaber argues for a new approach called agent-based economics, one that takes as a starting point the fact that we are humans, not the optimizing automatons that standard economics assumes we are. Sweeping aside the historic failure of twentieth-century economics, The End of Theory offers a novel perspective and more realistic framework to help prevent today's financial system from blowing up again.
Book Synopsis The IMF and the Politics of Austerity in the Wake of the Global Financial Crisis by : Ben Clift
Download or read book The IMF and the Politics of Austerity in the Wake of the Global Financial Crisis written by Ben Clift and published by Oxford University Press. This book was released on 2018-02-14 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the IMF's role within the politics of austerity by providing a path-breaking comprehensive analysis of how the IMF approach to fiscal policy has evolved since 2008, and how the IMF worked to alter advanced economy policy responses to the global financial crisis (GFC) and the Eurozone crisis. It updates and refines our understanding of how the IMF seeks to wield ideational power by analysing the Fund's post-crash their ability to influence what constitutes legitimate knowledge, and their ability fix meanings attached to economic policies within the social process of constructing economic orthodoxy.This book is interested in the politics of economic ideas, focused on the assumptive foundations of different approaches to economic policy, and how the interpretive framework through which authoritative voices evaluate economic policy is an important site of power in world politics. After establishing the internal conditions of possibility for new fiscal policy thinking to emerge and prevail, detailed case studies of IMF interactions with the UK and French governments during the Great Recession drill down into how Fund seeks to shape the policy possibilities of advanced economy policy-makers and account for the scope and limits of Fund influence. The Fund's reputation as a technocratic, scientific source of economic policy wisdom is important to for its intellectual authority. Yet, as this book demonstrates, the Fund makes normatively driven interventions in ideologically charged economic policy debates. The analysis reveals the malleability of conventional wisdoms about economic policy, and the processes of their social construction.
Book Synopsis The Pedagogy of Economic, Political and Social Crises by : Bob Jessop
Download or read book The Pedagogy of Economic, Political and Social Crises written by Bob Jessop and published by Routledge. This book was released on 2018-11-09 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Crises have been studied in many disciplines and from diverse perspectives for at least 150 years. Yet recent decades have seen a marked increase in the crisis literature, reflecting growing awareness of crisis phenomena from the 1970s onwards. Responding to this mainstream literature, this edited collection makes six key innovations. First, it distinguishes between crises as event and crises as process, as well as crises as accidental events or as the result of system-generated processes. Second, it distinguishes crises that can be managed through established crisis-management routines from crises of crisis management. Third, it focuses on the symptomatology of crisis, i.e., the challenge of moving crisis symptoms to understanding underlying causes as a basis for decisive action. Fourth, it goes beyond the cliché that crises are both threat and opportunity by distinguishing valid accounts of the origins and present nature of a crisis, from more speculative accounts of what potentially exists. Fifth, it explores how crises can disorient conventional wisdom, thus provoking efforts to interpret and learn about crises and draw lessons after a crisis has ended. Finally, the sixth element is the move away from the conventional focus on executive authorities and disaster management agencies, instead turning attention towards how other social forces construe crises and attempt to learn from them. Offering important insights into the pedagogy of crisis throughout, this collection will offer excellent reading to both researchers and postgraduate students.
Book Synopsis China’s Renewable Energy Revolution by : John A. Mathews
Download or read book China’s Renewable Energy Revolution written by John A. Mathews and published by Springer. This book was released on 2015-08-13 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors suggest that China's renewable energy system, the largest in the world, will quickly supersede the black energy system that has powered the country's rapid rise as workshop of the world and for reasons that have more to do with fixing environmental pollution and enhancing energy security than with curbing carbon emissions.
Author : Publisher :Oxford University Press ISBN 13 :019266333X Total Pages :531 pages Book Rating :4.1/5 (926 download)
Download or read book written by and published by Oxford University Press. This book was released on with total page 531 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Civic Capitalism written by Colin Hay and published by John Wiley & Sons. This book was released on 2015-04-17 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: As we struggle with the legacy of the crisis and with the prospect of accelerating environmental degradation, it is time to ask not what we can do for capitalism but what capitalism can do for us, as citizens of a democratic society. In Civic Capitalism, Colin Hay and Anthony Payne build on their influential analysis of the crisis of the Anglo-liberal growth model to set out a coherent account of the steps required to build an alternative that is more sustainable socially, economically and environmentally. They argue that it is time to move on from the Anglo-liberal model of capitalism whose failings were so cruelly exposed by the crisis. They outline a new model that will work better in advanced capitalist societies, showing how this might be acheived in Britain today. They call this civic capitalism the governance of the market, by the state, in the name of the people, to deliver collective public goods, equity and social justice. This reverses the long ascendant logic of Anglo-liberalism in which citizens have been made to answer to the perceived logics of the capitalism they have been made to serve. The crisis shows us that we can no longer be driven by the perceived imperatives of the old model and by those who have claimed for far too long and, as it turns out, falsely to be able to discern for us the imperatives of the market. It is now time to ask what capitalism can do for us and not what we can do for capitalism.
Book Synopsis Social Policy in Times of Austerity by : Kevin Farnsworth
Download or read book Social Policy in Times of Austerity written by Kevin Farnsworth and published by Policy Press. This book was released on 2015-09-15 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: The effects of the 2008 financial crisis were ameliorated by large-scale social policy interventions, which both helped limit the depth and duration of the crisis and softened its worst effects on citizens. Yet in the wake of the crisis, those very same social policies and the welfare state they support have come under attack. There is, however, reason to be optimistic, argue the contributors to Social Policy in Times of Austerity. Bringing together leading scholars engaged in the debate over austerity and the future of the welfare state, the book traces the strong currents of resistance to austerity that continue to thrive within organizations, governments, and the citizenry at large.
