Institutes Of Economics

Author : Anwar Shaikh
Publisher : Oxford University Press
ISBN 13 : 0199390657
Total Pages : 1019 pages
Book Rating : 4.56/5 ( download)

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Download or read book Capitalism written by Anwar Shaikh and published by Oxford University Press. This book was released on 2016-01-15 with total page 1019 pages. Available in PDF, EPUB and Kindle. Book excerpt: Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.

Author : Eric A. Hanushek
Publisher : MIT Press
ISBN 13 : 026254895X
Total Pages : 275 pages
Book Rating : 4.53/5 ( download)

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Download or read book The Knowledge Capital of Nations written by Eric A. Hanushek and published by MIT Press. This book was released on 2023-08-15 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: A rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related in the long run to the skills of its population. In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population—which they term the “knowledge capital” of a nation—are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the “Latin American growth puzzle” and the “East Asian miracle” can be explained by these regions' knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance.

Author : Sandy Baum
Publisher : Princeton University Press
ISBN 13 : 0691229929
Total Pages : 168 pages
Book Rating : 4.28/5 ( download)

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Download or read book Campus Economics written by Sandy Baum and published by Princeton University Press. This book was released on 2023-02-14 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: An invaluable primer on the role economic reasoning plays in campus debate and decision making Campus Economics provides college and university administrators, trustees, and faculty with an essential understanding of how college finances actually work. Sandy Baum and Michael McPherson explain the concepts needed to analyze the pros, the cons, and the trade-offs of difficult decisions, and offer a common language for discussing the many challenges confronting institutions of higher learning today, from COVID-19 to funding cuts and declining enrollments. Emphasizing the unique characteristics of the academic enterprise and the primacy of the institutional mission, Baum and McPherson use economic concepts such as opportunity cost and decisions at the margin to facilitate conversations about how best to ensure an institution’s ongoing success. The problems facing higher education are more urgent than ever before, but the underlying issues are the same in good times and bad. Baum and McPherson give nontechnical, user-friendly guidance for navigating all kinds of economic conditions and draw on real-world examples of campus issues to illustrate both institutional constraints and untapped opportunities. Campus Economics helps faculty, administrators, trustees, and government policymakers engage in constructive dialogue that can lead to decisions that align finite resources with the pursuit of the institutional mission.

Author : Stephen A. Hoenack
Publisher : State University of New York Press
ISBN 13 : 1438406835
Total Pages : 296 pages
Book Rating : 4.31/5 ( download)

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Download or read book The Economics of American Universities written by Stephen A. Hoenack and published by State University of New York Press. This book was released on 1990-06-01 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the adjustment of universities to the changing financial environment. Its authors analyze the relationship between higher education inputs and outputs, assess the available information about the determinants of university costs, survey the influence of market conditions and pricing strategies on students' demands for attendance at institutions of higher education, summarize research on the objectives for institutions of higher education held by different participants and funders, analyze how universities determine their priorities and relative funding for different activities and disciplines, and explore the economics of universities' research functions. In addition, the book addresses three questions regarding the external fiscal environment facing American universities. What are the recent and emerging changes in the key economic variables affecting these institutions? What mechanisms have universities used in the past to cope with tighter financial constraints? What are the implications for university research activities as these institutions adjust to their fiscal constraints?

Author : Gary Clyde Hufbauer
Publisher : Peterson Institute
ISBN 13 : 9780881321364
Total Pages : 338 pages
Book Rating : 4.62/5 ( download)

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Download or read book Economic Sanctions Reconsidered: History and current policy written by Gary Clyde Hufbauer and published by Peterson Institute. This book was released on 1990 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Jeremie Cohen-Setton
Publisher : Peterson Institute for International Economics
ISBN 13 : 0881327344
Total Pages : 494 pages
Book Rating : 4.42/5 ( download)

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Download or read book Sustaining Economic Growth in Asia written by Jeremie Cohen-Setton and published by Peterson Institute for International Economics. This book was released on 2018-12-01 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth, inflation, and interest rates have declined in Asia, just as they have in the United States and Europe. This volume explores the relevance to several Asian economies of the diagnosis known as “secular stagnation.” Leading experts on the region discuss the fiscal and monetary policy challenges of reviving growth without generating domestic financial imbalances. The essays on innovation, demographics, spillovers, and various policy proposals are accompanied by case studies focusing on Japan, South Korea, China, India, and Indonesia.

Author : Elisha Benjamin Andrews
Publisher : Legare Street Press
ISBN 13 : 9781019511497
Total Pages : 0 pages
Book Rating : 4.94/5 ( download)

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Download or read book Institutes of Economics written by Elisha Benjamin Andrews and published by Legare Street Press. This book was released on 2023-07-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a comprehensive textbook on economics. From the principles of supply and demand to the role of government in the economy, this book provides a clear and accessible introduction to the field. A must-read for students and professionals in the field. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Author : Elisha Benjamin Andrews
Publisher :
ISBN 13 :
Total Pages : 227 pages
Book Rating : 4.37/5 ( download)

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Download or read book Institutes of Economics written by Elisha Benjamin Andrews and published by . This book was released on 1892 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Elisha Benjamin 1844-1917 Andrews
Publisher : Wentworth Press
ISBN 13 : 9781373642653
Total Pages : 254 pages
Book Rating : 4.53/5 ( download)

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Download or read book INSTITUTES OF ECONOMICS A SUCC written by Elisha Benjamin 1844-1917 Andrews and published by Wentworth Press. This book was released on 2016-08-29 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Author : Carl Menger
Publisher : Cosimo Classics
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4./5 ( download)

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Download or read book On the Origin of MONEY written by Carl Menger and published by Cosimo Classics. This book was released on 2015-11-17 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: On the Origins of Money is a discussion of the history of money and currency, from its crudest form as cowrie shells, animal pelts, and salt in early societies to the coin and paper money we use today. Rather than focusing on the type or shape of the money, author and economist Carl Menger looks at the reasons behind monetary exchange and why money is so valuable (or where it gets its inherent value). His argument centers on the "saleableness" of the goods or commodities being sold-in other words, the more "saleable" (or valuable or in demand) an item is, the more money it is worth. Hence, money gets its value from the objects it pays for. This short work is an insightful look into the history and value of money for any student or professional economist.