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Papers in Economics and Sociology is a compilation of materials authored by the Polish economist Oskar Lange. The coverage of the essays covers the interrelations between economic and social issues. The text first covers the Marxist and socialist theory, and then proceeds to tackling political economy and socialism. Next, the selection deals with economic theory, along with the mathematical models, econometrics, and statistics utilized in economic analysis. The text also covers the economic science in the service of practice. The book will be of great use to political scientists, sociologists, behavioral scientists, and economists.

This volume, originally published in 1958, contains a selection of the most important and interesting articles by Knut Wicksell, which had hitherto only been published in Swedish. They cover Wicksell's views on Economics and monetary theory, his theory of production and distribution, some review articles on the works of Pareto, Böhm-Bawerk, Carl Menger and Bowley and some papers on foreign trade problems, written after the First World War. Erik Lindahl's introductory essay gives a picture of Wicksell the social reformer, who radical opinions often brought him into conflict with the authorities and the general public.

Title from PDF title page (viewed on Feb. 10, 2010).

First Published in 2004. This is Volume III of four on the collected papers of James Meade and looks at International Economics. James Meade was Professor of Commerce London School of Economics from February 1948.

Articles and essays by the late Nobel Prize-winning economist on the life-cycle hypothesis, unemployment and monetary policy in the European Union, and other topics.This volume of papers, articles, and essays by the late Nobel Prize-winning economist Franco Modigliani contains writings published during the last decade of his life as well as three seminal earlier papers on the life-cycle hypothesis. As in the previous Collected Papers, the writings are organized by topic; within each topic, the order is chronological. Part I treats the life-cycle hypothesis. Beginning with his important essay from 1954 (written with Richard Brumberg), which laid down the foundation of the life-cycle model, and ending with the last paper Modigliani completed before his death in September 2003, this section presents his research on this topic as a coherent whole. Part II deals with unemployment and monetary policy in the European Union during the last decade of the twentieth century and includes a manifesto on EU unemployment written with six other economists. Part III contains essays on a variety of topics, among them inflation, financial risk, legal institutions, and unemployment. This section includes'The Keynesian Gospel According to Modigliani,'which revisits the topic of the general theory of employment, interest, and money and its implications for mass unemployment sixty years after his first ground-breaking paper on the topic. Many of the articles in volume 6 are the product of collaboration; coauthors include Richard Brumberg, Albert Ando, Shi Larry Cao, Jean Paul Fitoussi, Tullio Jappelli, Beniamino Moro, Denis Snower, Robert Solow, Alfred Steinherr, Paolo Sylos Labinia, and Modigliani's granddaughter Leah Modigliani. The volume concludes with an interview of Modigliani by William A. Barnett and Robert Solow from 2000.

This volume collects published papers and essays from widely scattered and inaccessible sources, some of which appeared for the first time when this book was originally published. In the first part of the book the subjects range from the theory of wages and recent trends in economic theory to economists'criticism of capitalism and socialism, investment-policy in under-developed countries, and economic growth under the Soviet Five Year Plans. The second part includes papers on Lenin and Marx, a study of the economic ideas of Bernard Shaw, and an essay on historical materialism.

Au sommaire de ce numéro 70 : « L'économie contre le politique. La dette, son amortissement et son financement chez de jeunes et vieux saint-simoniens (1825-1880) », « Fétichisme de la marchandise et ontologie sociale chez Marx. Interprétation essentialiste versus interprétation constructiviste », « La causalité cumulative de l'institutionnalisme économique de J.R. Commons. Une perspective pragmatiste-instrumentaliste » et « L'influence du monétarisme sur la politique monétaire de la Réserve fédérale dans les années 1980 ».

L'économie occupe une place importante dans la société, au point de cristalliser un ensemble de questions socialement vives. Cet ouvrage aborde les enjeux de société à partir de l'œuvre de Léon Walras (1834-1910). Ce dernier est souvent présenté comme l'un des pères fondateurs de la Science économique. On oublie toutefois que Léon Walras était également un humaniste, qui a cherché à populariser ses travaux au nom de la paix dans le monde. Les différentes contributions de cet ouvrage reviennent ainsi, à l'occasion du centenaire de la mort de Léon Walras, sur son analyse économique et philosophique qui continue encore aujourd'hui à alimenter de nombreux débats.

Allyn Young is one of the central figures in the development of American economic thought, and is one of the originators of modern endogenous growth theory. This book allows full appreciation of the full extent of Young's work because many of his most significant contributions are buried in obscure journals and unsigned articles. This volume addres

This work comprises the major papers of this extraordinary Nobel Laureate in economics. The common concern of the papers included in this volume is economic theory, its structure, uses, and abuses. As the late Harry G. Johnson said:'No one reading this volume can fail to be struck by the depth of scholarship Professor Leontief is capable of deploying and the profundity of his understanding of methodological problems of economic theory, and his critique of the work of other economists.'

This compilation begins by discussing the connection between perceived employability and job insecurity on psychological health and job-related outcome variables. A study testing this correlation is presented, with results suggesting that perceived employability and job insecurity facilitates the effects of self-efficacy on psychological health, job satisfaction, and dedication. Additionally, research on productivity growth in 55 major Australian urban water utilities over a four-year period is described. In this study, productivity growth was broken-down into technical efficiency and technological change by way of Malmquist indices. Later, price dynamics are investigated to determine market integration, market efficiency and spatial arbitrage. Based on empirical investigations, several policy implications are derived in terms of efficacy and effectiveness of policy measures, or interventions on trade policies. The authors provide a review of federal-level regulation of the U.S. interstate natural gas pipeline industry, placing modern rules and regulations into their appropriate historical context by reviewing the evolution of gas pipeline regulation over the course of the 20th Century. The authors also examine the question of the creation of global government and global currency, especially analyzing the current unstable financial system and the threat of war resulting from unstable intergovernmental relationships. The use of global currency is imagined under the surveillance of a Global Central Bank, which would consist of representatives of national governments with voting rights determined by the share of national GNP in total gross product in the community of participating nations. A paper exploring restaurant bankruptcy in the U.S. between 1980 and 2014 is included, with the goal of developing a bankruptcy prediction model and explaining that restaurateurs should be more cautious in selecting their operation types to aid in financial stability. The active relationship between economic growth, inflation, stock market development, and globalization is studied using the panel VAR methodology, with the objective of determining the behavior of certain variables and observing how these elements interact with one another. Another paper studies whether or not the financial market of China is integrated with the financial market of the U.S., with its data converted into cumulative partial sums by using a software component created by the authors in Octave language. By estimating the asymmetric generalized impulse response functions, the authors suggest that these financial markets are linked interactively when the markets are falling. A final paper is presented investigating the nature of dependence between stock prices and exchange rate in Nigeria from January of 2000 to December of 2015. Overall, the evidence indicates the dominance of the portfolio balance effect, with stock prices leading the exchange rate. This leads the authors to determine that stabilizing the stock market is imperative for exchange rate management to minimize the transmission of systemic risk and contagion between both markets.

Bertram Schefold is recognized internationally as an outstanding economist. He has made major contributions to the development of economic theory and particularly to economic thought. His contributions to economic theory include his work on Sraffian economics and its implications for the theory of value and distribution, capital theory, growth and technical progress. This book consists of ten papers by distinguished economists from Europe, the United States and Japan. The papers cover a range of topics chosen according to Bertram Schefolds main fields of research, from Wicksell's principle of just taxation to Sraffa and the Universal Basic Income to Marx's Theory of Value.Covering Schefold's main areas of academic interest, this is an important and comprehensive volume which is a fitting tribute to one of the foremost economic thinkers of our age.

The series'International Symposia in Economic Theory and Econometrics'publishes quality proceedings of conferences and symposia. Since all articles published in these volumes are refereed relative to the standards of the best journals, not all papers presented at the symposia are published in these proceedings volumes. Occasionally these volumes include articles that were not presented at a symposium or conference, but are of high quality and are relevant to the focus of the volume. The topics chosen for these volumes are those of particular research importance at the time of the selection of the topic. Each volume has different co-editors, chosen to have particular expertise relevant to the focus of that particular volume. Most of the chapters in this volume were delivered as papers in two sessions that William Barnett organized at a conference held in Vigo (Spain) in July 2005, sponsored by the Society for the Advancement of Economic Theory. The volume brings together fundamental new research in economics, including relevant significant innovations in microeconometrics, macroeconomics, and monetary and financial economics, thereby making substantive contributions to the literature. This book: presents original, innovative research; covers a number of issues in macroeconomics, monetary economics, and financial economics; and is part of the ISETE series.

This book explores the under-researched sources of the consumerist culture and the environmental damage it has brought about. The book is an outcome of the symposium on “The Ethics of Consumption” organised and hosted by the Las Casas Institute at the Blackfriars Hall, University of Oxford as part of its Economics as a Moral Science Programme. It takes on two contemporary problems: the human weakness and capacity for wrong-doing, and the failure of modern economic theory to account for the moral character of human behaviour and its implicit encouragement of gluttonous life-styles. In a time when grand political schemes are proposed to revive sustainability of global economy, the authors of the papers collected in this book highlight the need for moral renewal without which the most revolutionary structural reforms are bound to fail at producing the desired outcome. Topics of the book include the meaning and sources of avarice, the attempt to define what is enough, exploration of philosophical and theological perspectives which can serve as building blocks for the ethics of consumption. This makes the book of great interest to a broad readership of economists, social scientists and philosophers.

'Structural Models of Wage and Employment Dynamics'contains selected papers from a conference held in honour of Professor Dale T. Mortensen upon the occasion of his 65th birthday. The papers are on some of Professor Dale T. Mortensen's current research topics: the development of equilibrium dynamic models designed to account for wage dispersion and the time series behaviour of job and worker flows. The conference is the sixth in a series. From the beginning there has been a close interplay among economic theorists, econometricians, and applied economists. This book also has a section with theoretical papers as well as sections with micro- and macro-econometric papers. These conferences have had significant influence on how we think about public policy in the labour market, and what kinds of data would be needed to answer questions about these policies. Contributions to Economic Analysis was established in 1952. The series purpose is to stimulate the international exchange of scientific information. The series includes books from all areas of macroeconomics and microeconomics.

For twenty years since the publication of his seminal paper'The Market for'Lemons'', George A. Akerlof's work has changed the way we see economics, and the economics of information in particular. In abandoning the perfect-competition benchmarks of classical economics, the pragmatic modern economics championed by Akerlof has provided deep insights into markets, identity, discrimination, motivation, and work, and into behavioural economics in general. This collection of Akerlof's most important papers provide both an introduction to Akerlof's work and a grounding in modern economics. Divided into two broad areas, micro- and macroeconomics, they cover the economics of information; the theory of unemployment; macroeconomic equilibria; the demand for money; psychology and economics; and the nature of discrimination and other social issues. The collection closes with Akerlof's 2001 Nobel Lecture, in which he argues that it is imperative that macroeconomics be considered inherently behavioural. Akerlof's substantial introduction to this volume tells the story of these papers, connecting them and showing how his later work has built upon his early contributions, in many cases improving their arguments, their subtlety, and their usefulness today.

Across seventeen volumes to date, the Collected Works of F. A. Hayek series has anthologized the diverse and prolific writings of the Austrian economist synonymous with classical liberalism. Essays on Liberalism and the Economy traces the author's long and evolving writings on the cluster of beliefs he championed most: liberalism, its core tenets, and how its tradition represents the best hope for Western civilization. This deft selection includes some of Hayek's most important and famous essays as well as unpublished and lesser-known works. It contains material from almost the entire span of Hayek's career, the earliest from 1931 and the last from 1984. The works were written for a variety of purposes and audiences, and they include—along with conventional academic papers—encyclopedia entries, after-dinner addresses, a lecture for graduate students, a book review, newspaper articles, and letters to the editors of national newspapers. While many are available elsewhere, two have never appeared in print, and two others have not been published in English. The varied formats collected here are enriched by Hayek's changing voice at different stages of his life. Some of the pieces resonate as high-minded and noble; others are less formal. Some see Hayek focus on expounding his own views; others are primarily critiques of the ideas of other prominent thinkers like John Maynard Keynes and John Kenneth Galbraith. All serve to distill important aspects of Hayek's worldview.

A deft selection of unpublished and little-known works by F. A. Hayek that will serve to enlighten and enliven debates around the ever-changing face of Western liberalism Across seventeen volumes to date, the University of Chicago Press's Collected Works of F. A. Hayek series has anthologized the diverse and prolific writings of the Austrian economist synonymous with classical liberalism. Essays on Liberalism and the Economy traces the author's long and evolving writings on the cluster of beliefs he championed most: liberalism, its core tenets, and how its tradition represents the best hope for Western civilization. This volume contains material from almost the entire span of Hayek's career, the earliest from 1931 and the last from 1984. The works were written for a variety of purposes and audiences, and they include—along with conventional academic papers—encyclopedia entries, after-dinner addresses, a lecture for graduate students, a book review, newspaper articles, and letters to the editors of national newspapers. While many are available elsewhere, two have never appeared in print, and two others have not been published in English. The varied formats collected here are enriched by Hayek's changing voice at different stages of his life. Some of the pieces resonate as high-minded and noble; some are meant as cuts to “intellectuals” (a pejorative term when used by Hayek) like Keynes and Galbraith. All serve to distill important threads of his worldview.

This compilation explores the unique form of Dutch government taken at the time, and its relationship with trade policy successes of the most prosperous semi-gubernatorial body of the early modern period – the Dutch East India Company (VOC). By examining the unique form of government taken by the Dutch Republic, the authors work out the nature of the relationship between the Dutch polity and the VOC, attempting to discern the link between the successes of the company and government policies. Afterwards, the authors analyse the main contributions of scientific literature so as to demonstrate that tourism, although having certain limitations as an instrument of economic development in some countries, may be an interesting tool for the improvement of a population's living conditions under specific circumstances. This book compiles the world's main tourist destinations according to the growth of the economic performance of the tourist activity and of the tourist and economic development experienced during the last decade. With this objective, the authors combine information from a set of tourist and economic indicators for the main 45 tourist destinations over the period between 2000 and 2010. Destinations are ranked with respect to their average growth rate over the sample period. A paper is included which focuses on competitiveness research and examines the nature of tourism to provide a rationale for a Tourism Destination Competitiveness (TDC) model specific to tourism by evaluating the literature on the meaning of competitiveness and different perspectives of the concept. An assessment of the main arguments for and against comparative advantage and competitive advantage aids in building a better understanding on tourism flows on the basis of an integrated TDC model. Afterwards, the export structure and export performance of Macedonian economy is analysed, as a less developed transitional CEE country, in order to identify the main export opportunities for future economic growth by applying new structural economics and product space theory. In order to better inform related resource allocation and policy-level decisions, as well as to generate a rationale for continued support for health and development programs in Papua New Guinea, the book examines a range of related development constraints and develops a series of recommendations for their resolution based on smart intervention design, with a specific focus on monitoring and evaluation (M&E) components. Lastly, this collection examines the effect of financial development on economic growth conditions at the level of institutional quality for a panel of 21 Sub-Saharan African countries in the period of 1986-2010. This evidence suggest the existing institutions has not enhanced the finance-growth relationship in the region.

From Nobel Prize–winning economist Jean Tirole, a bold new agenda for the role of economics in societyWhen Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics, far from being a'dismal science,'is a positive force for the common good.Economists are rewarded for writing technical papers in scholarly journals, not joining in public debates. But Tirole says we urgently need economists to engage with the many challenges facing society, helping to identify our key objectives and the tools needed to meet them.To show how economics can help us realize the common good, Tirole shares his insights on a broad array of questions affecting our everyday lives and the future of our society, including global warming, unemployment, the post-2008 global financial order, the euro crisis, the digital revolution, innovation, and the proper balance between the free market and regulation.Providing a rich account of how economics can benefit everyone, Economics for the Common Good sets a new agenda for the role of economics in society.

Milton Friedman was one of the most influential economists of all time – and his ideas had a huge impact on the economic policies of governments across the world. A key theorist of capitalism and its relationship to democratic freedoms, Friedman remains one of the most cited authorities in both academic economics and government economic policy. His work remains striking not just for its brilliant grasp of economic laws and realities, but also for its consistent application of high-level evaluation and reasoning skills to produce arguments that can convince experts and laypeople alike. Friedman's 1968 essay ‘The Role of Monetary Policy'is a key example of how Friedman's critical thinking skills helped to cement his influence and reputation. The paper addressed the question of how a government's monetary policy affects the economy – from employment levels to inflation and so on. At its heart lies an evaluation and critique of the most widely accepted conception of monetary policy at the time – the ‘Phillips Curve'– which argued that increased inflation leads naturally to increased employment. Systematically noting the flaws and weaknesses of the Phillips Curve theory, Friedman showed why this is not, in fact, the case. He then drew up a systematic alternative argument for what governmental monetary policy could and should aim to do. Though economists now consider Friedman's ideas to have considerable limitations, ‘The Role of Monetary Policy'remains a masterclass in evaluating and countering faulty arguments.

James Mill was the consummate utilitarian economist and theorist: his numerous intellectual interests and practical pursuits shatter the net boundaries of modern specialist scholarship in social science.Mill's many-sided genius was primarily a product of the age in which he lived. The late eighteenth and early nineteenth centuries saw a remarkable flowering of intellectual genius in Scotland in all of the arts and sciences, which gave the country a leading place in the broad European movement known as the Enlightenment, Mill being in fact only one of many brilliant men Scotland produced at that time.Mill's writings in this volume, first published in 1966, cover his development as an economist and are an attempt to assess his contribution to classic political economy. Particular attention is paid to the formative but less well-known pre-Benthamite period of his life. The volume opens with a substantial biographical assessment of Mill's life and work. The selections are specifically divided into four groups consisting of: early economic writings (''An Essay of the Impolicy of a Bounty on the Exportation of Grain,''''Commerce Defended,''and''Smith on Money and Exchange''); James Mill and David Ricardo (''Elements of Political Economy''); Mill on scope and method (''Whether Political Economy is Useful''); and Mill and India (''History of British India''). Donald Winch provides an introduction to each section that contextualizes the essays in Mill's own work and the economic thought of the time.James Mill: Selected Economic Writings is sure to be of interest to students of economic theory and social policy. One of the founders of utilitarianism, he adopted that doctrine to both British conditions and Britain's broader imperial pursuits.Donald Winch is professor of economics at the University of Sussex. He has authored and edited many books and papers on economics, economic theory, economic policy and economic history.

The world of economics is changing. Years of turmoil in the global economy mean that nothing will ever be quite the same again. This is the starting point and theme of this radically revised Economist books classic, now available for the first time in America. Richard Davies, economics editor of The Economist, takes us on a journey through the paper's own analysis of the state of the world's economies, how we reached this point and what to expect in the next decade. He explores: what's gone wrong since 2008, why it's happened and how we can stop it happening again; the shifting focus of economics from banking to labor economics; the future hopes and challenges for the world economy. Along the way, we encounter the global economy laid bare, from banks, panics, and crashes to innovative new policies to improve how markets function; from discussions around jobs, pay, and inequality to the promise of innovation and productivity; from the implications of emerging markets and the globalization of trade through to the sharing economy and the economics of Google and eBay. The result is a fascinating review of the global economy and the changing role of economics in the new world order.

The world of economics is changing. Years of turmoil in the global economy mean that nothing will ever be quite the same again. This is the starting point and theme of this radically revised Economist books classic. Richard Davies takes us on a journey through the paper's own analysis of the state of the world's economies, how we reached this point and what to expect in the next decade. He explores: • what's gone wrong since 2008, why it's happened and how we can stop it happening again • the shifting focus of economics from banking to labour economics• a new breed of firm with economics at their operational core • the future hopes and challenges for the world economy Along the way, we encounter the global economy laid bare, from banks, panics and crashes to innovative new policies to improve how markets function; from discussions around jobs, pay and inequality to the promise of innovation and productivity; and from the implications of emerging markets and the globalisation of trade through to the sharing economy and the economics of Google and eBay. The result is a fascinating review of the global economy and the changing role of economics in the new world order.

What do modern academic economists do? What currently is mainstream economics? What is neoclassical economics? And how about heterodox economics? How do the central concerns of modern economists, whatever their associations or allegiances, relate to those traditionally taken up in the discipline? And how did economics arrive at its current state? These and various cognate questions and concerns are systematically pursued in this new book by Tony Lawson. The result is a collection of previously published and new papers distinguished in providing the only comprehensive and coherent account of these issues currently available. The financial crisis has not only revealed weaknesses of the capitalist economy but also highlighted just how limited and impoverished is modern academic economics. Despite the failings of the latter being more widely acknowledged now than ever, there is still an enormous amount of confusion about their source and true nature. In this collection, Tony Lawson also identifies the causes of the discipline's failings and outlines a transformative solution to its deficiencies.Amongst other things, Lawson advocates for the adoption of a more historical and philosophical orientation to the study of economics, one that deemphasizes the current focus on mathematical modelling while maintaining a high level of analytical rigour. In so doing Lawson argues for a return to long term systematic and sustained projects, in the manner pursued by the likes of Marx, Veblen, Hayek and Keynes, concerned first and foremost with advancing our understanding of social reality.Overall, this forceful and persuasive collection represents a major intervention in the on-going debates about the nature, state and future direction of economics.

Whilst it is impossible to argue that the earth is flat without fearing ridicule, fallacies in economics are widespread. Such fallacies pervade the intellectual sphere and even influence policy. Professor Geoffrey Wood of the University of Buckingham exposes such popular economic fallacies in this revised edition of Fifty Economic Fallacies Exposed. Professor Wood looks at, for example, the supposed dangers of free trade, the abilities of governments to control the economy, the effects of government regulation and whether millions of jobs depend on our continued membership of the European Union. These lucid and stimulating articles are invaluable to students struggling to master some of the complexities of economic theory and its applications, who often find that the most effective way to learn economic analysis is to see such fallacies exposed. It is a text particularly suitable for first-year economic students, complementing existing textbooks as it does, and clarifying basic concepts in economics while demonstrating the practical uses of economic theory.

Why do societies benefit differently from knowledge? How exactly does social interaction interfere with knowledge acquisition and diffusion? This original Handbook brings together a wide range of differing approaches to shed light on these questions and others relating to the role and relevance of knowledge in economic analysis. By illuminating the philosophical roots of the various notions of knowledge employed by economists, this Handbook helps to disentangle conceptual and typological issues surrounding the debate on knowledge among economists. Wide-ranging in scope, it explores fundamental aspects of the relationship between knowledge and economics - such as the nature of knowledge, knowledge acquisition and knowledge diffusion. This important compendium embraces various fields and traditions of economic analysis and discusses the role of knowledge in 21 papers from outstanding international scholars. Advanced scholars and postgraduate students interested in cross-fertilization between different fields of economic analysis will find this Handbook of considerable importance. Contributors: A. Amin, R. Arena, M. Augier, M.C. Becker, T. Brenner, T. Broekel, P. Cohendet, G. Dosi, J. Durieu, V. Dutraive, M. Egidi, A. Festre, D. Foray, T. Knudsen, N. Lazaric, B.J. Loasby, B.-A. Lundvall, P. Nightingale, B. Nooteboom, A. Orlean, R. Patalano, L. Ragni, S. Rizzello, P.P. Saviotti, P. Solal, A. Spada, U. Witt

Following Amartya Sen's insistence to expand the framework of rational choice theory by taking into account ‘non-utility information,'economists, political scientists and philosophers have recently concentrated their efforts in analysing the issues related to rights, freedom, diversity intentions and equality. Thomas Boylan and Ruvin Gekker have gathered essays that reflect this trend.The particular themes addressed in this volume include: the measurement of diversity and freedom, formal analysis of individual rights and intentions, judgment aggregation under constraints and strategic manipulation in fuzzy environments. Some papers in the volume also deal with philosophical aspects of normative social choice.

What is the worth of the social economy? What worth does the social economy produce? Co-operatives, not-for-profit and mutual benefits organizations as well as foundations share common values that colour the way they perform and how they manage to do so. Yet, little is known about how the social economy is actually being evaluated, and how evaluation may reinforce or weaken this specificity. This book fills a gap in the literature about the social economy. It seeks to make a critical assessment of the interests to which the social economy of today must cater and for which questions of evaluation appear to be the most telling. A first set of contributions is made up of four theoretical papers inspired by various disciplinary fields: management, economy, sociology, philosophy. A second set of contributions is composed of seven national analyses of how the social economy is evaluated in different institutional contexts: France, Québec (Canada), United Kingdom, United States, Brazil, Portugal and Japan. The conclusion of the book summarizes the findings of this study and formulates some questions addressed to policy designers, evaluation specialists and social economy actors.

Included in this volume are papers which are recognized as some of the foundations of post-Keynesian Economics, analysing problems set in historical time and starting from'real world'observations. The book reflects Geoff Harcourt's contribution to economic debate over more than three decades. It also includes intellectual biographies of some of the most prominent and leading unorthodox economists, such as Kenneth Boulding, Eric Russell and Lorie Tarshis.

This fourth volume in the series of Nobel laureate James Tobin's classic papers represents his work since 1980.This fourth volume in the series of Nobel laureate James Tobin's classic papers represents his work since 1980. Both national and international views are intermingled among the 36 chapters on macroeconomics and fiscal policy, savings, stabilization policy, international coordination of macroeconomic policy, monetary policy, and exchange rates. Several tributes to colleagues—including Walter Heller and Seymour Harris—round out the collection.

This volume draws on Hayek's shorter articles for weeklies, and his reviews, as well as academic papers and articles. It also includes a substantial introduction, providing full background and outlining the significance of this period for Hayek's intellectual development. The material is divided into three sections: Hayek's contributions to the famous market socialism debate; Hayek's responses to the onset of war, including his response to Keynes'How to Pay for the War; his papers on the relationship between economic planning and freedom.

Through an examination of the work of great scholars from fields including philosophy, literature, philology, semiology, quantum physics, history, and anthropology, this book argues that building on the contribution of non-economists can open new areas of reflection in economics beyond the usual schools of thought. The purpose of the book is twofold. First, it offers a critique and discussion of the limits of contemporary economic discourse, both mainstream and self-styled alternative theories. The central theme on which the book is built is that the discipline of economics fails to examine the nature of social reality in a systematic way. This prompts the economists to become fully aware of the methodology on which they base their representation, analysis, and argumentation in a way that economists currently are not. Second, the book proposes alternative ways of thinking that can help readers of economics to overcome the current limitations of their discipline. This means going beyond various dominant dualities – orthodox/heterodox, micro/ macro, epistemology/ontology – because it is not a question of doing ‘the economy'differently, but of overcoming the economy as a representation of the world that strives to submit everything to its realm. Thus, the book does not simply propose a broader conceptual framework than that portrayed by mainstream economists or those who propose an alternative approach but raises questions that do not usually come from the minds of economists at all. The book will be of particular interest to readers of economic methodology and pluralism, philosophers of science, and other social scientists interested in methodological issues.

This book will sharpen the core decision-making skills of budding managers and entrepreneurs through the concepts, logic, and principles of microeconomics used in the book with suitable examples and cases from multiple industries from across the world. By placing strong emphasis on the fundamental theories, concepts, and their application in real-life business scenarios, the book presents chapters infused with relevant case-lets, snippets, and exercises. Written in simple and engaging conversational style, this book makes complex topics easily comprehensible to the readers who have virtually no background in economics.This book will be useful to students, researchers, and teachers from the field of economics, applied economics, and business studies. Additionally, this book would also be an invaluable companion to aspiring business managers and corporate leaders.

“Few people can communicate how the economy actually works better than Kyla Scanlon.”—Morgan Housel, author of The Psychology of MoneyAn illustrated guide to the mad math and terrible terminology of economics, from one of the internet's favorite financial educatorsIs our national debt really a threat? What is a “mild” recession, exactly? If you're worried about your bank account balance, job security, or mortgage rate, what data should you be keeping tabs on? For anyone trying to make sense of disorienting headlines, there's no better interpreter than Kyla Scanlon. Through her trademark blend of witty illustrations, creative analogies, and insights from behavioral economics, literature, and philosophy, Scanlon breaks down everything you need to know about how money and markets really work. This indispensable handbook reveals the hidden forces driving key economic outcomes, the most common myths to steer clear of, and the dusty, outdated assumptions that constrain our political imagination, offering a bold new path to building a prosperous society that works for everyone.

This book analyses the emergence and growth of the creative sector in Naples between the early modern and modern eras, focusing particularly on the development of music markets in the city. From the seventeenth century, Naples became one of the most culturally enriched regions in the Italian peninsula, with internationally known music schools, theatres and opera venues attracting visitors from across Europe in a burgeoning tourist market. This book sheds light on the driving economic factors and political contexts behind this key case study for the early growth of the opera and music sector in Europe. Starting with a discussion of the value of economic history to understanding cultural industries, the chapters approach this analysis through multiple lenses: the formation of human capital as the result of Naples'institutional urban welfare system; the role of cultural consumption as it evolved from a primarily religious activity to growing popular demand; and the rolethat central city authorities played in encouraging cultural activity through private investment and public policy. The book also draws on fascinating archival research to examine the contribution of Naples'music conservatories in the local creative economy. This book is a valuable resource to a broad range of readers, including those working in economic history, tourism history, the history of music and theatre, Italian social history and more.

In diesem Buch wird ein interdisziplinärer Ansatz für die Welt des Konsums gewählt, der verschiedene Themen abdeckt und soziologische, wirtschaftliche und marketingbezogene Aspekte einbezieht. Der Begriff'Konsum'ist vage, und selbst in den akademischen Disziplinen wird der Begriff auf unterschiedliche Weise verwendet. Die Konsumforschung fragt, wie Einkommen und Ausgaben miteinander zusammenhängen. Ganz allgemein untersucht die Konsumforschung, wie Menschen, soziale Schichten oder Gesellschaften ihre Konsumgewohnheiten realisieren. Häufig wird die Frage gestellt, wie konsistent Präferenzstrukturen aufgrund wechselnder empirischer Hintergründe von Zeit, Raum und damit verbundener Kultur sind. Welche Kontextvariablen (historischer Zeitpunkt, geographischer Rahmen, kultureller Hintergrund) spezifizieren die Praxis des Konsums und in welcher Weise haben Merkmale wie Alter, Geschlecht, Klasse, Beruf und Lebensstil eigene Auswirkungen auf die Art und Weise, wie Konsum realisiert wird?Das Buch ist für Forscher aus den Bereichen Ökonomie, Soziologie, Marketing, Ästhetik und Design, Anthropologie und Kommunikationswissenschaft von Interesse.

The classical economic theory fails to truly describe the economies of prosperous societies. This is because traditional economics deals with the allocation of resources in conditions of shortage, while the urgent economic problems of a prosperous society are mainly associated with conditions of abundance.This book presents the hallmarks of a prosperous society and analyzes the special problems that it faces. It differentiates between the two types of economies: the traditional one which is based on scarcity, and the prosperous economy which is able to fulfill almost everyone's needs. The book analyzes what motivates these two types of economies, what challenges them, and what features or manifestations of success and failures characterize their current statuses and their futures.This book is an original and pioneering work. It analyzes the economy of the prosperous society from the perspective of the third decade of the 21st century. It is an interesting, engaging text on a theme that we seldom see and read about.

Learn the basics of economics and keep up to date on our ever-changing economy Whether you're studying economics in high school or college, or you're just interested in taking a peek into the complexities of how money moves, Economics For Dummies is the go-to reference that transforms complex economic concepts into easy-to-understand reading. With the simple explanations in this book, you'll master key topics like supply and demand, consumer behavior, and how governments and central banks attempt to avoid—or at least ameliorate—business downturns and recessions. Plus, you'll learn what's going on these days with inflation, interest rates, labor shortages, and the Federal Reserve. Studying for an exam? This Dummies guide has your back, with online practice and chapter quizzes to help you get the score you need. It's time to recon econ, the Dummies way. Get a grasp on the unchanging fundamentals of economics Dive into behavioral economics and consumer decision making Learn what drives economic growth and inequality Solidify your knowledge with practice questions and quizzes Economics For Dummies is an approachable reference book for students, as well as an informative guide for anyone interested in learning more about today's economy.

This volume explores the political economy and social philosophy of F. A. Hayek as they relate to social change. Arguably one limitation of Hayek's social philosophy is that he, as some of his contemporaries quipped, does not know the words “for example.” This means that much of his work on social philosophy is relatively abstract and hard to approach. This might also explain why it has taken so long for scholars to fully appreciate the breadth and depth of his social philosophy. Toward a Hayekian Theory of Social Change remedies the lack of more practical studies of Hayek's theory of social change by bringing together several scholars from different social science disciplines who relate Hayek's theory of social change to empirical phenomena and methodological debates within their respective disciplines.

An economist examines three modern forces that have redefined what'money'means, who controls it, and what the future of finance might look like. Money is increasingly cheap, digital, and mobile. In Money in the Twenty-First Century, economist Richard Holden examines the virtues and risks of low interest rates, mobile money, and cryptocurrencies, and explains how these three elemental forces will continue to play out—in our wallets, on the blockchain, and throughout major economies—in the decades to come. Holden weaves in the stories of three people who have exerted massive influence over the future of modern money: US treasury secretary Janet Yellen, Ethereum cofounder Vitalik Buterin, and Raghuram Rajan, former governor of the Reserve Bank of India and chief economist at the International Monetary Fund. Moving from micro to macro, Holden investigates the infrastructure that permits digital transactions, the currencies that underpin them, the race for control of those currencies, shifts in policy and the international monetary system, and the impact on our politics of money in the digital age. Ultimately, Money in the Twenty-First Century asks if governments can keep these three tectonic powers of low interest rates, mobile money, and decentralized finance under control.

Dieses Buch untersucht die Trennung von'populärer'und'ernsthafter'Kunst über einen Zeitraum von fast zwei Jahrhunderten, indem es eine ökonomische Perspektive mit soziologischen und historischen Einsichten kombiniert. Während die Grenzen zwischen etablierter Kunst und populärer Kunst immer durchlässiger werden, stellt Abbing Fragen wie: Wer profitierte von der Trennung? Warum ist Exklusivität in den etablierten Künsten so wichtig? Führte Exklusivität zu hohen Kosten, hohen Subventionen und hohen Preisen? Wurden und werden benachteiligte Gruppen vom Kunstkonsum und der Kunstproduktion ausgeschlossen? Wie wurde populäre Musik in der zweiten Hälfte des 20. Jahrhunderts so erfolgreich? Warum bleibt der Kunstberuf trotz geringer Einkommen außergewöhnlich attraktiv für Jugendliche? Das Buch diskutiert auch die Entwicklung der Kunst im 21. Jahrhundert, indem es beispielsweise untersucht, wie die Plattformökonomie die Künste beeinflusst, ob sich die etablierten Künste der Unterhaltungsindustrie anschließen, und das aktuelle Maß an Vielfalt in der Kunst betrachtet. Aus der doppelten Perspektive des Autors als Künstler und Sozialwissenschaftler geschrieben, wird das Buch für Kulturökonomen und Akademiker sowie Künstler und allgemein kunstinteressierte Leser von Interesse sein.

Algemene economische basisprincipes behandelt kort en bondig de beginselen van de algemene economie en dan met name die principes die relevant zijn voor het bedrijfsleven. Het boek laat studenten kennismaken met micro- en macro-economie, monetaire economie en internationale economie. Met deze methode ontwikkelen studenten een goed overzicht van de kansen en bedreigingen die vanuit de economische omgeving op bedrijven afkomen. Door de brede opzet is het boek in het bijzonder geschikt voor de opleidingen waarin een beperkt aantal credits voor algemene economie beschikbaar is. Deze vernieuwde, zesde editie is volledig up-to- date. De voorbeelden zijn geactualiseerd en de inhoud is gebaseerd op de laatste economische ontwikkelingen. Zo is er onder andere volop aandacht voor de duurzame en de circulaire economie en worden oorzaken en gevolgen van de plotselinge stijging van de inflatie benoemd en geanalyseerd. Ook de steeds belangrijker wordende rol van de overheid om fundamentele vraagstukken als energietransitie, achteruitgang van natuur, huisvesting en toenemende ongelijkheid zowel nationaal als internationaal aan te pakken komt aan de orde.

This book explains complex scientific concepts using simple and understandable illustrations and practical examples. For example, the competition between countries in the world economy is compared to motor racing, time savings are illustrated through the example of a masquerade ball, and the cyclical effect of time on the economy is reflected through the prism of changing seasons. It presents amazing phenomena and processes of economic time, including'economic vintage','the time machine in the economy','youth'and'old age'of the economy, its'growing up','the economic calendar','catching up', and'forward-looking'development. This book will therefore be interesting not only to members of the scientific community but also to non-academic readers — to everyone who wants to understand the nature of economic time.

The book explores the concept of ‘intimate capitalism'within the context of the rising cultural and creative industries. The assimilation of culture with capitalism has produced a mass culture that socialises people with the culture of capitalism, effectively domesticating and controlling the masses by establishing an intimate relationship between labor and working conditions. Intimate capitalism is a new form of capitalism where workers invest their labor and work overtime due to an affective connection to the cultural product they are working on or an intimacy with the cultural working conditions. It critically examines the narratives surrounding the creative economy, as well as digital innovations within cultural industries, to highlight how they are reinforcing and perpetuating exploitative working conditions. The erosion of workers'rights under intimate capitalism is examined to show how cultural industries seek to dominate the lives of those working within them, leading to an increased commodification of culture and institutionalisation of creative assets in the name of economic growth and development. This book offers a critical framework for understanding intimate capitalism and outlines its impact on workers, particularly those within developing economies. It will be relevant to students and researchers interested in cultural economics, the political economy, and labour economics.

Wenn Sie die Zukunft der wirtschaftlichen und gesellschaftlichen Entwicklung angesichts der Digitalisierung verstehen wollen, ist dieses Buch genau die richtige Lektüre für Sie! Mathias Binswanger diskutiert in seinem neuen Buch die Digitalisierung in Zusammenhang mit der Funktionsweise der kapitalistischen Wirtschaft. Es eröffnet so einen anderen Zugang zur Thematik der Digitalisierung, der erstmals aufzeigt, warum diese die Wirtschaft zunehmend vom Menschen abkoppelt, die Produktivität in der Produktion weiter steigert, gleichzeitig aber zu immer mehr Bürokratie führt und dadurch weiterhin Vollbeschäftigung garantiert. Damit verbunden ist immer mehr Bequemlichkeit, aber auch immer mehr Überwachung und Kontrolle der Menschen und ein erhöhter Zwang zu konformem Verhalten. Der Autor befasst sich mit grundlegenden Fragen, wie: Wollen wir eine solche Entwicklung tatsächlich? Ist es klug, sich von bestimmten digitalen Lösungen, Systemen oder Prozessen abhängig zu machen, die wir gar nicht mehr durchschauen? Und wie können wir gegensteuern? Die Antwort lautet: Wir müssen analoge Systeme und Prozesse erhalten, damit Wirtschaft und Gesellschaft resilient bleiben. Es muss weiterhin möglich sein, mit Bargeld zu bezahlen, in selbstgesteuerten Fahrzeugen ohne Überwachungselektronik zu fahren, in nicht smarten Häusern zu leben, oder auf die Verwendung von Gesundheitsapps zu verzichten. Die Aufrechterhaltung solcher analogen Lösungen ist aber gegen die Logik des Systems. Denn jeder nicht systemkonforme Akt stört die digitalen Optimierungsprozesse. Das wird in nicht allzu ferner Zukunft für erhebliche Konflikte sorgen.

After the Great Financial Crisis, economic theory was fiercely criticized from both outside and inside the discipline for being incapable of explaining a crisis of such magnitude. Slowly but persistently, new strands of economic thought are developing, to replace the old-fashioned neoclassical economic theory, which have a common characteristic: they are better suited to help understand the real-world economy. This book explores the key tenets and applications of these. This book opens with an explanation of the “real world” approach to economics in which theoretical models resemble real-world situations, realistic assumptions are made, and factors such as uncertainty, coordination problems, and bounded rationality are incorporated. Additionally, this book explores the ramifications of considering the economy as both a dynamic system - with a past, present, and future - and a complex one. These theoretical precepts of the real-world economy are then applied to some of the most pressing economic issues facing the world today including ecological sustainability, the rise of corporate power, the growing dominance of the financial world, and rising unemployment, poverty, and inequality. In each case, this book reveals the insights of the shortcomings of the neoclassical approach which fails to illuminate the complexities behind each issue. It is demonstrated that, by contrast, adopting an approach grounded in the real world has the power to produce policy proposals to help tackle these problems. This book is essential reading for anyone seeking a deeper understanding of the economy, including readers from economics and across the social sciences.

This book is a collection of contributions related to India–China relationship beyond the issue of borders. It focuses on those elements that play important role in defining, continuing, and strengthening the interaction between the two countries. In doing so, it explores roles of language and linguistics, history and culture, politics and economy, and philosophy and sociology that mediated ancient and modern interfaces. The book observes the role of silk route in the economic, political, and scholarly exchanges between ancient civilizations and in the movement of Buddhism to China and other Asian nations. The contributors highlight how the two countries have co-existed in various eras and tackled issues of conflict and cooperation during lows and highs in the past and present. It pays special attention to the role of language and linguistic competence as an important component of socio-cultural comprehension of a society and introduces major innovations and challenges inteaching and learning the Chinese language. The wide-ranging contributions make the book an attractive resource for academics, think-tanks, diplomats, and researchers working on Asian/India–China studies across the globe.

In diesem Buch werden die gesellschaftlichen Funktionen von Sportvereinen anhand eines breiten Spektrums an empirischen Daten einer vergleichenden Studie näher beleuchtet. Es gibt nur wenige aktuelle Erkenntnisse über die Funktionen von Sportvereinen und ihr Potenzial, die öffentliche Gesundheit, den sozialen Zusammenhalt und die demokratische Teilhabe durch freiwilliges Engagement zu fördern und damit zum Gemeinwohl in den europäischen Gesellschaften beizutragen. Die meisten der vorhandenen Studien sind länderspezifisch und erlauben daher keine Vergleiche aus einer länderübergreifenden Perspektive. Vor diesem Hintergrund hat das Projekt'Social Inclusion and Volunteering in Sports Clubs in Europe'(SIVSCE) vergleichbare Daten und Erkenntnisse in zehn europäischen Ländern gesammelt, analysiert und diskutiert und dieses Wissen an Politiker, Sportfachleute und Freiwillige im Sport in Europa weitergegeben.Das SIVSCE-Projekt enthält vergleichende Daten von Vereinen sowie von Mitgliedern in ausgewählten Sportvereinen. In jedem Länderkapitel werden die vergleichenden Daten aus dem SIVSCE-Projekt in kohärenter Weise zusammengestellt. Insbesondere die Daten der Mitgliederbefragung geben detailliert Auskunft über die Erfüllung der verschiedenen Funktionen von Sportvereinen (z.B. Erweiterung der demokratischen Teilhabe, soziale Integration). Dieses Buch liefert detaillierte Daten zu politischen Fragen, zur Struktur und zum Management von Vereinen sowie zu individuellen Mitgliederbefragungen und ist damit sowohl für Studierende - insbesondere in Sportmanagement-Studiengängen - als auch für Forscher und Praktiker in den Sozial- und Wirtschaftswissenschaften von Nutzen.

Economics – macro, micro and mysterious – is integral to everyday life. But despite its importance for personal and collective decision making, it is a discipline often viewed as technical, arcane and inaccessible and thus overlooked in public discourse. This book is a call to arms to bring the discipline of economics more into the public domain. It calls on economists to think about how to make their knowledge of the economics public. And it calls on those who specialise in communicating expert knowledge to help us learn to communicate about economics. The book brings together scholars and practitioners working at the early stages of an emerging field: the public communication of, and public engagement with, economics. Through a series of short essays from academics and practitioners, the book has two key goals: first and foremost, it will make a case for why we need to make economics public and for the importance of having a clear vision of what it means to make economics public. Secondly, it suggests some ways that this can be done featuring contributions from practitioners, including economists, who are engaging audiences in newspapers, museums and beyond. This book is essential reading for those in economics with an interest in making economics public and those already in the many fields dedicated to communicating expert knowledge in public spaces who have an interest in where economics can fit.More information about the book can be found here: https://www.makingeconomicspublic.org/