The History And Future Of Economics

Author : Robert Skidelsky
Publisher : Yale University Press
ISBN 13 : 030024424X
Total Pages : 496 pages
Book Rating : 4.43/5 ( download)

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Download or read book Money and Government written by Robert Skidelsky and published by Yale University Press. This book was released on 2018-11-13 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: A critical examination of economics' past and future, and how it needs to change, by one of the most eminent political economists of our time The dominant view in economics is that money and government should play only minor roles in economic life. Economic outcomes, it is claimed, are best left to the "invisible hand" of the market. Yet these claims remain staunchly unsettled. The view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any market economy. Since Adam Smith, classical economics has espoused non-intervention in markets. The Great Depression brought Keynesian economics to the fore; but stagflation in the 1970s brought a return to small-state orthodoxy. The 2008 global financial crash should have brought a reevaluation of that stance; instead the response has been punishing austerity and anemic recovery. This book aims to reintroduce Keynes’s central insights to a new generation of economists, and embolden them to return money and government to the starring roles in the economic drama that they deserve.

Author : Robert U. Ayres
Publisher : Springer Nature
ISBN 13 : 3031262085
Total Pages : 405 pages
Book Rating : 4.81/5 ( download)

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Download or read book The History and Future of Economics written by Robert U. Ayres and published by Springer Nature. This book was released on 2023-04-29 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is three-fold. The first purpose is to posit that the fundamental substance of the universe is energy, and that energy is required (consumed) for any material transformation, or information transmission. The labor theory of value, articulated by the physiocrats and elaborated by Adam Smith, David Ricardo, J.B. Say and Karl Marx was a rough first approximation of the value creation process, in the 17th and 18th centuries, but is now obsolete. Labor is now (mostly) performed by machines, not by humans (or animals). The second aim of the book is to argue that the economy is a living (open) system -- an “island of order” –that exists far from both thermodynamic and economic equilibrium. Order is achieved by dissipating a flux of exergy. Economists frequently emphasize the equilibrium assumption, introduced originally by Leon Walras in 1854. But in reality, biological systems and human social systems are dissipative cycles, far from both thermodynamic equilibrium, and economic equilibrium, yet stable and capable of evolution, driven by the solar exergy flux. The third aim of the book is to re-emphasize, that – being open – the economic system cannot be regarded as a collection of individual competitive utility-maximizing transactions. There are, increasingly, important possibilities for cooperation instead of competition. Moreover third party effects, both “bads” (externalities) and the “public good” (happiness) – need to be incorporated into the socio-economic decision making process.

Author : Christian Gollier
Publisher : Princeton University Press
ISBN 13 : 0691148767
Total Pages : 244 pages
Book Rating : 4.62/5 ( download)

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Download or read book Pricing the Planet's Future written by Christian Gollier and published by Princeton University Press. This book was released on 2013 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today, the judge, the citizen, the politician, and the entrepreneur are concerned with the sustainability of our development.

Author : Roger E. Backhouse
Publisher :
ISBN 13 : 9781911116691
Total Pages : 0 pages
Book Rating : 4.9X/5 ( download)

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Download or read book The History of Economics written by Roger E. Backhouse and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Roger E. Backhouse and Keith Tribe present a broad introduction to the history of economic thought based upon courses they have taught for many years. Its main purpose is to provide an overview for students and teachers who have not had the opportunity of taking a course in the subject. The book is presented as a series of twenty-four lectures. Each lecture presents an outline of aims, a select bibliography, a chronology, an overview of between 3,000 and 4,000 words, and questions for further study or reflection. Contemporary understanding of economic principles sheds little light on the manner in which past thinkers thought, so the student is provided with the much-needed context behind the development of ideas as well as being guided through the original writings of economists such as Smith, Jevons, Marshall, Robbins, Keynes, and others. The emphasis is on the broad developing stream of economic argument from the seventeenth century to the present, seeking to emphasize a diversity that is sometimes suppressed in more conventional textbooks, which tend to organize their histories into sequences of schools of thought. With many years of experience teaching economic thought, the authors have honed their presentation to the needs of those with no previous background in the subject, without sacrificing analysis or rigor. The book will be warmly welcomed by students and teachers alike.

Author : Alexander J. Field
Publisher : Springer Science & Business Media
ISBN 13 : 9400932693
Total Pages : 363 pages
Book Rating : 4.92/5 ( download)

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Download or read book The Future of Economic History written by Alexander J. Field and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection represents a modest attempt to chart a new course for the intellectual discipline known as economic history. (The book is not about productivity growth in the 1990s, lest the title give rise to any confusion.) As a group, these essays suggest new and potentially fruitful areas or approaches for research and at the same time address weaknesses in past efforts. One important audience will be graduate students attempting to decide whether to write a dissertation in economic history, or trying to select or refine dissertation topics in the area, and determine how to approach them. Some of the essays will most certainly be appropriate additions to the or semester courses in economic history that remain a fixture in quarter graduate economics training programs. A second audience should be established scholars who are now or have in the past done research in economic history and are interested in the perspectives of a relatively younger group of scholars. The term "younger" is used here advisedly to describe a group of scholars born between 1943 and 1954. Nevertheless, the authors of these essays can on at least one dimension be distinguished from the pathbreaking new economic his torians who established their academic reputations in the early 1960s. Indeed, the contributors to this volume include students of such pioneers as Richard Easterlin, Albert Fishlow, William Parker, and Jeffrey Williamson.

Author : Paul A. David
Publisher : Oxford University Press
ISBN 13 : 9780197263471
Total Pages : 548 pages
Book Rating : 4.7X/5 ( download)

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Download or read book The Economic Future in Historical Perspective written by Paul A. David and published by Oxford University Press. This book was released on 2006-02-23 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, leading modern economic historians show how analysis of past experiences contributes to a better understanding of present-day economic conditions; they offer important insights into major challenges that will occupy the attention of policy makers in the coming decades. The seventeen essays are organised around three major themes, the first of which is the changing constellation of forces sustaining long-run economic growth in market economies. The second major theme concerns the contemporary challenges posed by transitions in economic and political regimes, and by ideologies that represent legacies from past economic conditions that still affect policy responses to new 'crises'. The third theme is modern economic growth's diverse implications for human economic welfare - in terms of economic security, nutritional and health status, and old age support - and the institutional mechanisms communities have developed to cope with the risks that individuals are exposed to by the concomitants of rising prosperity.

Author : John Kenneth Galbraith
Publisher :
ISBN 13 : 9780140153958
Total Pages : 324 pages
Book Rating : 4.50/5 ( download)

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Download or read book A History of Economics written by John Kenneth Galbraith and published by . This book was released on 1991 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: A book explaining the history of economics; including the powerful and vested interests which moulded the theories to their financial advantage; as a means of understanding modern economics.

Author : T. Negishi
Publisher : Elsevier
ISBN 13 : 0080508154
Total Pages : 410 pages
Book Rating : 4.53/5 ( download)

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Download or read book History of Economic Theory written by T. Negishi and published by Elsevier. This book was released on 2014-06-28 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume aims to interest students of modern economic theory in the history of economics. For this purpose, past economic theories are considered from the point of view of current economic theories and translated, if possible and necessary, into mathematical models. It is emphasized that the currently dominating mainstream theory is not the only possible theory, and that there are many past theories which have important significance to the advancement of economic theory in the present situation, or will have it in the near future. After a brief discussion on the history of economics from the point of view of contemporary economic theory, a bird's-eye view of the historical development of economics is given so that readers can see the significance of topics to be discussed in subsequent chapters in a proper historical perspective. These topics are carefully chosen to show not only what great economists in the past contributed to the development of economics, but also what suggestions for solving our own current problems we can obtain by reworking problems they had to face. The book can be used in advanced undergraduate as well as graduate classes on the history of economics. Mathematical techniques used can easily be understood by advanced undergraduates of economics major, since some models constructed originally by contemporary mathematical economists are carefully reformulated without losing the essence, basic calculus and the rudiments of linear algebra being sufficient for understanding.

Author : Jacques Attali
Publisher : Skyhorse Publishing Inc.
ISBN 13 : 1611450136
Total Pages : 332 pages
Book Rating : 4.32/5 ( download)

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Download or read book A Brief History of the Future written by Jacques Attali and published by Skyhorse Publishing Inc.. This book was released on 2011-07 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prescient and convincing, this book is a must-read for anyone concerned about the future.

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264214267
Total Pages : 273 pages
Book Rating : 4.62/5 ( download)

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Download or read book How Was Life? Global Well-being since 1820 written by OECD and published by OECD Publishing. This book was released on 2014-10-02 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the first systematic evidence on long-term trends in global well-being since 1820 for 25 major countries and 8 regions in the world covering more than 80% of the world’s population.