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Economic Principles and Problems: A Pluralistic Introduction offers a comprehensive introduction to the major perspectives in modern economics, including mainstream and heterodox approaches. Through providing multiple views of markets and how they work, it leaves readers better able to understand and analyze the complex behaviors of consumers, firms, and government officials, as well as the likely impact of a variety of economic events and policies.Most principles of economics textbooks cover only mainstream economics, ignoring rich heterodox ideas. They also lack material on the great economists, including the important ideas of Adam Smith, Karl Marx, Thorstein Veblen, John Maynard Keynes, and Friedrich Hayek. Mainstream books tend to neglect the kind of historical analysis that is crucial to understanding trends that help us predict the future. Moreover, they focus primarily on abstract models more than existing economic realities. This engaging book addresses these inadequacies. Including explicit coverage of mainstream economics and the major heterodox schools of economic thought—institutionalists, feminists, radical political economists, post-Keynesians, Austrians, and social economists—it allows the reader to choose which ideas they find most compelling in explaining modern economic realities.Written in an engaging style and focused on real-world examples, this textbook brings economics to life. Multiple examples of how each economic model works, coupled with critical analysis of the assumptions behind them, enable students to develop a sophisticated understanding of the material. Digital supplements are also available for students and instructors. Economic Principles and Problems offers the most contemporary and complete package for any pluralist economics class.

Defining markets has never been an easy task. Despite their importance for economic theory and practice, they are hard to pin down as a concept and economists have tended to adopt simplified axiomatic models or rely on piecemeal case studies. This book argues that an extended range of theory, social as well as economic, can provide a better foundation for the portrayal of markets.The book first looks at the definition of markets, their inadequate treatment in orthodox economic theory, and their historical background in the pre-capitalist and capitalist eras. It then assesses various alternatives to orthodox theory, categorised as social/cultural, structural, functional and ethical approaches. Among the alternatives considered are institutionalist accounts, Marxian views, network models, performativity arguments, field theories, Austrian views and ethical notions of fair trade. A key finding of the book is that these diverse approaches, valuable as they are, could present a more effective challenge to orthodoxy if they were less disparate. Possibilities are investigated for a more unified theoretical alternative to orthodoxy. Unlike most studies of markets, this book adopts a fully interdisciplinary viewpoint expressed in accessible, non-technical language. Ideas are brought together from heterodox economics, social theory, critical realism, as well as other social sciences such as sociology, anthropology and geography. Anybody seeking a broad critical survey of the theoretical analysis of markets will find this book useful and it will be of great interest to economists, social scientists, students and policy-makers.

This book is set against the assumption that humans'unique feature is their infinite creativity, their ability to reflect on their deeds and to control their actions. These skills give rise to genuine uncertainty in society and hence in the economy. Here, the author sets out that uncertainty must take centre stage in all analyses of human decision making and therefore in economics. Uncertainty and Economics carefully defines a taxonomy of uncertainty and argues that it is only uncertainty in its most radical form which matters to economics. It shows that uncertainty is a powerful concept that not only helps to resolve long-standing economic puzzles but also unveils serious contradictions within current, popular economic approaches. It argues that neoclassical, real business cycle, or new-Keynesian economics must be understood as only one way to circumvent the analytical challenges posed by uncertainty. Instead, embracing uncertainty offers a new analytical paradigm which, in this book, is applied to standard economic topics such as institutions, money, the Lucas critique, fiscal policy and asset pricing. Through applying a concise uncertainty paradigm, the book sheds new light on human decision making at large. Offering policy conclusions and recommendations for further theoretical and applied research, it will be of great interest to postgraduate students, academics and policy makers.

Economics is a science that can contribute substantial powerful and fresh insights! This book collects essays by leading academics that evaluate the scholarly importance of contemporary economic ideas and concepts, thus providing valuable knowledge about the present state of economics and its progress. This compilation of short essays helps readers interested in economics to identify 21st century economic ideas that should be read and remembered. The authors state their personal opinion on what matters most in contemporary economics and reveal its fascinating and creative sides.

Wohnen gilt als die neue soziale Frage. Schließlich haben Kauf- und Mietpreise schon Niveaus erreicht, die noch vor wenigen Jahren unvorstellbar waren und nun das Leben in Großstädten und begehrten Universitätsstädten immer teurer machen. Das Thema gewinnt vor diesem Hintergrund an sozialpolitischer Brisanz. Doch was hilft wirklich, um die Lage im Wohnungsmarkt wieder zu entspannen?Der Immobilienökonom Michael Voigtländer erläutert die wirtschaftlichen Hintergründe in allgemein verständlicher Weise und wendet sich damit an alle am Thema Interessierten. Er widmet sich unter anderem den Fragen, ob es sich um eine spekulative Blase oder einen echten Wohnungsmangel handelt und weshalb die Bautätigkeit nicht zur Nachfrage aufschließt. Wie sollte die Wohnungspolitik reagieren? Um das Gleichgewicht zwischen Angebot und Nachfrage wieder herzustellen, schlägt er zehn Maßnahmen vor, die den Markt wieder in Schwung bringen können.Für die 2. Auflage wurde das Werk vollständig aktualisiert, u. a. um die Themen Grundsteuerreform und Baukindergeld erweitert und mit digitalem Zusatzmaterial per App angereichert. Laden Sie einfach die Springer Nature More Media App kostenlos herunter und scannen Sie die gekennzeichneten Abbildungen im Buch, um Videos zu streamen und interaktive Grafiken abzurufen.

Was unterscheidet erfolgreiche Speaker, Beraterinnen, Coachs, Therapeutinnen oder andere Spezialisten von weniger erfolgreichen? Sie haben ein Sach- oder Fachbuch geschrieben. Ein Buch ist die wohl edelste aller Visitenkarten für Experten und Wissende. Und heute, in Zeiten des Content-Marketing, lässt es sich auch noch gekonnt in die Kommunikations- und Marketingstrategie einfügen.Damit dies gelingt, braucht es im Wesentlichen zweierlei: Das Buch muss professionell geschrieben und publiziert werden und es muss die Expertise des Autors inhaltlich und persönlich repräsentieren, um als Marketinginstrument perfekt einsetzbar zu sein.Wie Sie das bewerkstelligen?Lesen Sie dieses Buch. Mit vielen launigen Geschichten aus der langjährigen Erfahrung als Autorenberaterin und Ghostwriterin gibt Daniela Pucher Einblick hinter die Kulissen des Buchkonzipierens, -schreibens und -vermarktens. Mit Hilfe ihrer 10-Schritte-Anleitung haben Sie am Ende ein erfolgreiches Buch in Händen, das bestmöglichen Absatz verspricht. Für all jene gedacht, die ihren Bekanntheitsgrad erhöhen, neue Kunden gewinnen oder sich als Experte einen Namen machen möchten.

Since the Global Financial Crisis, economics has been under greater public scrutiny, revealing a crisis in the discipline. This represented a potential turning point on how economics should be thought and taught. Heterodox economics has played a prominent role in these discussions revolving around new economics thinking and pluralism in economics. Yet, its identity, aspirations, and pedagogy remain underexplored, contested, and somewhat opaque.This volume brings together sixteen interviews with leading economists to understand what heterodox economics is. How and why does an economist become heterodox? In which way do heterodox economists see themselves as ‘different'from mainstream economics? The interviews shed light on what problems heterodox economists perceive in the mainstream; elucidate the different contexts under which they operate in higher education; and provide insights on their ontology and methodology. The reader will also find answers to the following questions about the nature and state of heterodox economics: Do heterodox economists have particular intellectual journeys, motives and aspirations? Is this reflected in their teaching practices and strategies to achieve social change? What is the relation between heterodox economics and the humanities and arts?Appealing to a diverse audience, including philosophers, sociologists and historians of economic thought, the book will be of great interest to anyone keen to find out more about the internal discussions in the economics discipline.

The 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization. This textbook demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in the mainstream models. Bringing together the work of key scholars, such as Kahneman, Minsky, and Schumpeter, this book demonstrates how we should take into account the inefficiencies that arise due to asymmetric information, mental biases, unequal distribution of wealth and power, and the manipulation of demand. This textbook offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists. A must-have for students studying the principles of economics as well as micro- and macroeconomics, this textbook redresses the existing imbalance in economic teaching. Instead of clinging to an ideology that only enriched the 1%, Komlos sketches the outline of a capitalism with a human face, an economy in which people live contented lives with dignity instead of focusing on GNP.

Economists have long grappled with the problem of how economic theories relate to empirical evidence: how can abstract mathematized theories be used to produce empirical claims? How are such theories applied to economic phenomena? What does it mean to “test” economic theories? This book introduces, explains, and develops a structural philosophy of economics which addresses these questions and provides a unifying philosophical/logical basis for a general methodology of economics.The book begins by introducing a rigorous view of the logical foundations and structure of scientific theories based upon the work of Alfred Tarski, Patrick Suppes, Karl Marx, and others. Using and combining their methods, the book then goes on to reconstruct important economic theories – including utility theory, game theory, Marxian economics, Sraffian economic theory, and econometrics – proving all the main theorems and discussing the key claims and the empirical applicability of each theory. Through these discussions, this book presents, in a systematic fashion, a general philosophy of economics grounded in the structural view.Offering rigorous formulations of important economic theories, A Structuralist Theory of Economics will be invaluable to all readers interested in the logic, philosophy, and methodology of economics. It will also appeal particularly to those interested in economic theory.

Le « Mankiw-Taylor » est un manuel de référence dans l'enseignement des principes de l'économie. Régulièrement actualisé et enrichi, il conserve dans cette 5e édition la clarté, la progressivité et la grande qualité pédagogique qui incitent les étudiants à s'initier par eux-mêmes au raisonnement économique et qui ont fait le succès de l'édition originale. L'ouvrage passe en revue tous les grands thèmes et les problématiques de la microéconomie, puis de la macroéconomie. Les 38 chapitres traitent des questions au cœur de l'analyse économique standard et abordent les principes et les pratiques de l'économie comportementale. Forts de ces bases solides, les étudiants sont prêts à aborder une approche plus formalisée des concepts économiques. Ils sont aussi appelés à développer leur esprit critique. Cette 5e édition européenne suit la structure d'un enseignement universitaire d'économie en Europe. Elle présente les idées, les concepts et les variables clés de l'analyse économique. Les éléments essentiels de la formalisation mathématique sont présentés, de manière accessible et efficace. En marge de l'exposition de la « théorie économique standard », l'ouvrage réalise des incursions dans le domaine de l'économie comportementale, des théories non orthodoxes, de la théorie du choix public et des sciences politiques. Ainsi, il reste à ce jour un ouvrage sans égal. Les études de cas faisant référence aux économies émergentes et à l'Union économique et monétaire européenne et les articles issus de la presse économique ont été renouvelés en quasi-totalité et les statistiques conjoncturelles ont été mises à jour. Un nouveau chapitre est consacré à l'analyse des causes de la crise financière. La progression du raisonnement économique est ponctuée de questions qui permettent aux étudiants de faire le point sur ce qu'ils ont compris et sur ce qu'ils doivent encore travailler. Principes de l'économie réussit le tour de force de sensibiliser le lecteur novice en économie à l'importance des hypothèses sous-jacentes aux mécanismes économiques, telles que celles portant sur l'information préalable aux décisions individuelles, ou bien la référence aux situations d'équilibre. En cela, cet ouvrage complète et approfondit les développements de la version originale. Cet ouvrage constitue la version révisée, enrichie et mise à jour d'un best-seller mondial. Il s'adresse aux étudiants de premier cycle universitaire, d'écoles de commerce ou de MBA qui souhaitent comprendre comment il est possible d'analyser de manière objective le fonctionnement de l'économie mondiale contemporaine.

In its pursuit to equip the reader with a basic knowledge of Islamic economics, this book divulges the micro-foundations of the discipline, and highlights the predominant schools of thought that exist in the field. It explains, in simple terms, what Islamic economics entails and how it can be studied as a science in relation to the Holy Quran, the Sunnah and the Islamic intellectual tradition based on these two sources. The book familiarizes the reader with knowledge of the basic maxims of the discipline. It then establishes the arguments that are presented by the proponents of religion-based economics, specifically Islam, and apprises readers about the aforementioned schools as they exist. A number of chapters consider the dimension of the dilemmas the discipline is facing, and the chronological progress of the field is reviewed, hence providing a comprehensive overview of the topic. The book deals with the issues about the origins of Islamic economics, the basic methodological questions, the use of the opportunities offered by fiqh in the methodological discussions and the main problems arising from the encounter with other cultures and civilizations. It offers practical solutions, despite the differing schools of thought, not unlike the development of conventional Economics where radical differences between Keynesian, Classical and Monetarist approaches existed. It concludes by incorporating some of the finest works that explain to the reader how Islamic economics may progress as a discipline. This guide will provide both students and researchers in Comparative Economic Studies, Islamic Economics and Islamic Finance with an essential overview of the field.

This collection brings together articles written by Gardiner C. Means, a leading institutionalist and post-Keynesian economist. Means studies the modern corporation and its implications for the institution on private property and the economic systems as a whole. The selections illuminate Means'analysis of the corporate revolution, the role of administered pricing and the consequences for macro-economic instability in the American economy. The book includes the controversial theoretical chapters for his proposed Harvard dissertation, his essay on industrial prices and their inflexibility, the causes of depression, administered prices and the risk of inflation, his analysis of stagflation and the control of inflation. An essay by his widow, Caroline F. Ware, examines the resistance of the American economics profession to Means'theory of administered prices.

This narrative recounts the 18th and 19th century'shipping out'of Pacific islanders aboard European and American vessels, a kind of'counter-exploring', that echoed the ancient voyages of settlement of their island ancestors.

In diesem Buch erfahren Sie alles über einen gesunden Umgang mit Geld und wie sie von seinen positiven Seiten profitieren In diesem Buch über Geld erforschen die beiden Autoren Martin Sauerland und Johanna Höhs, wie man denken, fühlen und handeln muss, um reich zu werden – oder anders ausgedrückt: wie man vom Sein zum Schein gelangt! Gleichzeitig beschäftigen sie sich in ihrem Werk mit zentralen Fragen wie:Lohnt sich das Streben nach Geld überhaupt? Macht Geld glücklich, frei und sexy?Entleert Geld das Leben von jedem wahren Sinn?Ihr Buch über Geld ergründet auf wissenschaftlich fundierte Weise, wie man mit realistischen Mitteln reich werden kann und wie man mit Geld in gesunder Weise umgehen muss, um seine positiven Seiten genießen zu können. Der Inhalt im kurzen ÜberblickIn ihrem Buch über Geld behandeln die Autoren Sauerland und Höhs folgende Kapitel:Die Macht des Geldes – Wie man Geld macht und was Geld mit einem machtReden ist Silber, Schweigen ist Geld? – Tabuthema GeldSein und Schein – Einsam sein, frei sein, man selbst seinMacht Geld glücklich?Eine ernst gemeinte Anleitung zum ReichwerdenDas interessante Buch über Geld richtet sich an alle, die ihre persönlichen Möglichkeiten ausloten wollen, um finanziell erfolgreich zu sein – und gleichzeitig die negativen Auswirkungen von Geld auf die Persönlichkeit direkt im Keim ersticken möchten.

‘This is essential reading for anybody interested in global history.'—Professor Ugo Panizza, The Graduate Institute of Geneva, SwitzerlandThis illuminating book offers a compact survey and new interpretation of trends and policies in the US economy from the end of the nineteenth century to the initial period of the Trump administration. Valli maps three stages in this period of US economic history: first, the economic and demographic consequences of the frontier; second, the Fordist model of growth; and third, the attempt to build an economic empire through economic and financial globalization, military and political power and rapid technological progress.Examining pivotal moments from the Wall Street Crash and the World Wars to the recent Great Recession, Obamacare and Trump's electoral promises and first controversial decisions, this book is essential reading for all those interested in American economic power and its future.

Thomas Robert Malthus (1766-1834) was a leading figure in the British classical school of economics, best-known for extending the insights of Adam Smith at a time of revolutionary improvements in agriculture and industry. This book explores the way in which he accounted for the tendency to overpopulation, the exhaustion of arable land and the deficiency of effective demand.Malthus relied on historical and empirical evidence in the spirit of Bacon and Hume, but also backed up his data with a priori hypotheses that link him to his contemporary, David Ricardo. Malthus was strongly in favour of free trade, the minimal State, the gold standard and the abolition of poverty relief. Always a pragmatist, however, he was just as much in favour of public education, contra-cyclical public works and a safety net of tariffs and bounties to encourage national self-sufficiency with regard to food. He was both an economist and a clergyman and saw the two roles as interconnected. Malthus believed that a benevolent Deity had created vice and misery in order to shake human beings out of their natural indolence that would otherwise have condemned them to still greater distress. This title provides a clear and comprehensive examination of Malthus's economic and social thought. It will be of interest to students and scholars alike.

This book provides a framework for understanding the economics that drive markets, enabling investment professionals to understand the reality of markets and models, and to ‘be where the profits are'. Economics is about the allocation of resources, so it is at the heart of markets. And yet to many, economics is a field that feels far removed from the realities of what they see trading. Common sense, some entrepreneurial intuition and a decent dose of luck might seem like the only tools one needs to navigate a profitable course, especially when approaching a new financial market. This is, however, a weak framework. It is one where inconsistencies can thrive, cancelling out the rewards of erstwhile successful views or leaving no protection when risks crystallize. Of course, luck is always welcome, but there is no accounting for it. Relying on luck for returns is to make those returns completely un-replicable and thus unstable – a recipe for an unintentionally short relationship with real markets. A robust framework is needed instead.Split into three parts, Real Market Economics first builds the core framework of economic concepts, starting with real levels of activity before turning to growth in it and then prices, ending with the dynamics of business cycles. Part two adds on the stabilizing crossbeams, including the new macroprudential policies next to the more conventional monetary and fiscal ones. It then addresses how we might watch and anticipate policy changes. Finally, part three liberally coats the framework with financial markets, thereby making the completed framework's robust structure truly useful for investing in real markets.

Dieses Buch liest sich über weite Strecken wie ein Enthüllungsroman. Enthüllt werden kaum bekannte Fakten zur Krise der Europäischen Union. Der Untersuchung liegen umfangreiche Recherchen zugrunde. Roland Vaubel versucht zu erklären, weshalb die'Euromantik'einer weit verbreiteten Ernüchterung gewichen ist. Er kritisiert die Politik der Europäischen Zentralbank, den Marsch in die Haftungsunion, die Verletzung des Rechts und die Zuwanderungspolitik. Er zeigt anhand von Umfragen, dass die europapolitischen Akteure andere Zielvorstellungen als die Bürger haben, und fordert eine stärkere demokratische Kontrolle. Die Kritik mündet in konkrete Vorschläge, wie Europa wieder ein Erfolgsmodell werden kann.

L'économie est une discipline dont la nature et les méthodologies sont l'objet de nombreux débats. Pour les aborder de la meilleure façon, une vision globale est nécessaire. Cet ouvrage, respectant le pluralisme des écoles de pensée, propose une vue d'ensemble de l'économie en tant que connaissance à caractère scientifique, pour permettre au lecteur de mieux comprendre de nombreuses questions contemporaines. Il a aussi pour objet d'utiliser les concepts et méthodes de cette discipline pour interpréter les données factuelles et statistiques de nos économies de marché à partir d'un double parcours de lecture (droit et économie) : un premier niveau laisse de côté le formalisme mathématique, qui est abordé à un second niveau sous forme d'encadrés. Cette 5e édition a été entièrement actualisée, revue et complétée. Elle propose en particulier de nouveaux développements sur des questions d'actualité comme le Brexit, la stagnation séculaire, la robotisation, l'économie collaborative, les mouvements migratoires ou les politiques monétaires non conventionnelles. Rédigé dans un esprit didactique, l'ouvrage s'adresse aux étudiants de 1er et 2e cycles en économie, ainsi qu'aux élèves de classes préparatoires et de grandes écoles ou encore à tous ceux qui préparent un concours dans lequel des connaissances économiques sont demandées. Il est également accessible à tout lecteur souhaitant acquérir une culture économique de bon niveau, désormais indispensable dans le cadre de nombreuses formations de niveau supérieur, mais aussi pour tout professionnel qui aspire à un rôle de manager.

Da economia à ecossocioeconomia: compreender para transformar, de Luís Miguel Luzio dos Santos, tem excelente e atualizada biografia, com as preocupações da Ecossocioeconomia, enfatizando os conceitos de como alcançar os objetivos de proporcionar maior grau de liberdade real e dignidade para todos na sociedade e de como garantir o desenvolvimento humano com efetiva equidade, as formas de melhor compartilhar a prosperidade, a sustentabilidade, a garantia do equilíbrio ambiental, a economia verde includente.De forma didática, expõe o pensamento das principais correntes econômicas: o liberalismo, o neoliberalismo e o estruturalismo. Para enfrentar os problemas dos desequilíbrios tão pronunciados, que têm levado tantas economias no mundo a dificuldades políticas crescentes, o autor dá ênfase à necessidade de aprofundamento das formas efetivamente democráticas de participação da população nas decisões dos governantes, analisando bem o quão significativo é o funcionamento da economia de mercado, assim como as suas limitações, que devem, justamente, ser objeto de correções por meio de instrumentos que a análise econômica e política recomendam que sejam, instituídos para a resolução dos principais problemas encontrados.

This book presents a positive account of Aristotle's theory of political economy, arguing that it contains elements that may help us better understand and resolve contemporary social and economic problems.The book considers how Aristotle's work has been utilized by scholars including Marx, Polanyi, Rawls, Nussbaum and Sen to develop solutions to the problem of injustice. It then goes on to present a new Social Welfare Function (SWF) as an application of Aristotle's theory. In exploring how Aristotle's theories can be applied to contemporary social welfare analysis, the book offers a study that will be of relevance to scholars of the history of economic thought, political theory and the philosophy of economics.

The television talks which constitute the main content of this book were delivered in late June and early July 1968. Barely had the series been completed when Soviet tanks turned up in the streets of Prague. Publication in book form had to be scrapped, and it was not until 1969 that a German edition was published. The introduction to that edition still contains much that is relevant and therefore it has been retained in the present book. However, this book is not merely about things past, but also about processes presently reappearing in Czechoslovakia's economic life. This title was first published in 1972.

O atualíssimo trabalho MANDA QUEM PODE, OBEDECE QUEM TEM PREJUÍZO, esclarece como o mercado financeiro funciona e qual a relação das ditas'ciências econômicas'com a política. Apresenta ainda, por meio da revisão do pensamento de economistas contemporâneos e clássicos, como é construído o discurso sobre a crise econômica no Brasil e no mundo. Valendo-se de refinada ironia, já demonstrada no título da obra, os autores demonstram que o poder real em uma economia capitalista não reside no poder representativo, mas sim nas articulações econômicas e financeiras que estão no interior da sociedade.

Dieses China-Buch gewährt Ihnen einen tiefen Einblick in die Wirtschaft und Kultur des LandesChina entwickelt sich mehr und mehr zur stärksten Macht auf dem Weltmarkt. Der Wissensdruck steigt für viele deutsche Betriebe, da es in Zeiten von Internationalisierung und Globalisierung fast unumgänglich ist, Geschäftsbeziehungen mit chinesischen Unternehmen einzugehen. Dabei hilft dieses Buch über China, indem es fachkundig wichtige Informationen über Kultur, Politik und Wirtschaft des Landes gibt. Die Autoren kombinieren dabei persönliche Erfahrungsberichte mit objektiven Analysen und schaffen so einen interessanten Mix aus Fakten und eigener Sachkenntnis. Dabei konzentrieren sie sich unter anderem auf die folgenden Inhalte: Wirtschaftswachstum im Reich der MitteDeutsch-chinesische WirtschaftsbeziehungenKomplexität und Vielfalt in der GesellschaftMängel des chinesischen BildungssystemInnovationen aus ChinaGleichzeitig geben Agten und König wertvolle Tipps im Umgang mit der Kultur Chinas, was unerlässlich für Geschäftsbesuche, Meetings und private Beziehungen ist. So lernen Unternehmer, Führungskräfte und Mitarbeiter nicht nur wirtschaftliche Fakten über das Land, sondern auch die Voraussetzungen für ein erfolgreiches kulturell-soziales Miteinander kennen.Für Unternehmen, aber auch für Privatpersonen geeignetDieses Buch über China richtet sich hauptsächlich an Unternehmer, da es die Geschäftsbeziehungen zwischen deutschen und chinesischen Betrieben aufgreift und wichtige Tipps liefert, die das Verständnis zwischen beiden Nationen fördern. Gleichzeitig ist es aber auch für Privatpersonen und Reisende geeignet, die einen Urlaub ins Land der Mitte planen oder sich einfach generell dafür interessieren.

“Bongiovanni's message should be heeded, especially in Brussels, Berlin and Paris” – John Peet, Political Editor, The EconomistFrancesco Bongiovanni returns with a sequel to The Decline and the Fall of Europe, a book Guardian journalist Nils Pratley labelled'a wake-up call for the twenty-first century'. Since 2012 Europe has been confronted with new, unexpected game-changing challenges such as the refugee crisis and its human tsunami, the surprise of Brexit and the explosion of'alternative'politics. Europeans have finally come to realize that the open-societies that they have been comfortably living in are under threat and fragmenting, leaving their survival uncertain. Minorities are falling prey to an Islamist ideology that conveys values and customs diametrically opposed to European ones. Terrorist acts have become the'new normal', part of daily life. The North-South cleavage brought aboutby the eurozone crisis is now completed by a deep East-West cleavage born from the refugee crisis. Against this backdrop, a Germany that is not all that it seems has become Europe's de-facto ruler, but is unfit to lead, while Trump's America cannot be counted on as it once used to be, forcing Europe to fend for itself. A beacon of stability and prosperity in the past, a naive and unprepared Europe, facing new and terrifying challenges is today more than ever torn apart, increasingly unstable and adrift.

You can save money when purchasing bundled products. This package includes BUSN, 11th and MindTap, 1 term Printed Access Card.

This file includes the book'An Essay on the Principle of Population', plus the essays'Observations on the Effects of the Corn Laws','The Grounds of an Opinion on the Policy of Resrticting the Importation of Foreign Corn', and'An Inquiry into the Nature and Progress of Rent'. According to Wikipedia:'The Reverend Thomas Robert Malthus (13 or 14 February 1766 – 23 or 29 December 1834) was an English scholar, influential in political economy and demography. Malthus popularized the economic theory of rent. Malthus has become widely known for his theories about population and its increase or decrease in response to various factors. The six editions of his An Essay on the Principle of Population, published from 1798 to 1826, observed that sooner or later population gets checked by famine and disease. He wrote in opposition to the popular view in 18th-century Europe that saw society as improving and in principle as perfectible.'

Published in 1998. In spite of spectacular improvements in market flexibility, the characteristics of the past twenty years are slow growth and high unemployment. Economics Through the Looking-Glass exposes the theoretical fallacy at the heart of the New Economic Orthodoxy. The fallacy lies in treating the economy as a'single-gear'machine guaranteed to operate at its full employment potential as long as it benefits from the lubricant of perfectly flexible markets (in a Walrasian Utopia of continuous market-clearing equilibrium). Unemployment is thereby reduced to a structural problem of market imperfection. As a cure for unemployment, market flexibility is presumed to be adequate; as a cure for inflation, monetary restriction is presumed to be safe. The flaw in Orthodox logic is exposed by a demonstration that a monetary economy operates as a'multi-gear'machine. Unless it is in'top-gear', market flexibility (even of Utopian perfection) is not sufficient for full employment.'Single-gear'Economic Orthodoxy is shown to have developed, not as a science, but as a religion beginning with Adam Smith's revelation of the Law of Competition. A Looking-Glass journey backwards in time from Adam Smith uncovers his suppression of the Law of Circulation and exposes the dangerous delusion of Orthodox economic policy. As a weapon against unemployment, market flexibility is inadequate; as a weapon against inflation, monetary restriction is unsafe. The'multi-gear'alternative heralds the final stage of economic liberalisation: deregulation of the market for money. The rescue of interest rates from political or central bank interference and the control of inflation by a mechanism triggered by market forces would put an end to the Orthodox policy of maintaining unemployment above its natural market rate by misguided monetary intervention.

Published in 1997, this postmodern critique provides a discourse on internal dynamics of the economics world view, suggesting for future societal wellbeing that we simply do not criticize economics but dispense it altogether. It argues that in the modern era economics have become obsolete as we live in a society riddled with corruption.

In diesem Buch wird eine klare Analyse der BREXIT-Widersprüche von Premierministerin Theresa Mays Global Britain-Politik und der Rolle der Finanzmärkte - bei Bankenaufsicht in einem Umfeld mit drohendem ITALEXIT und transatlantischen Trump-Handelskonflikten - durchgeführt. Es beantwortet ganz aktuell die wichtigsten Fragen zum BREXIT: Wie ist das historische BREXIT-Referendum in Großbritannien abgelaufen, welches sind die Hintergründe des anstehenden EU-Austritts und welche Folgen für Deutschland, Europa und die Weltwirtschaft sind absehbar? Die BREXIT-Entscheidung ist für Europa ein Jahrhundertereignis, das die EU schwächt und die Machtgewichte global verschiebt. Die EU hat an Anziehungskraft verloren, sie ist nicht im Einklang mit dem 21. Jahrhundert, das asiatisch, digital und innovationsstark ist. Es zeigt sich, dass indirekt ein Weg von der Bankenkrise zur Anti-Immigrationswelle und zum EU-Austritt führte. Zudem war das Referendumsergebnis stark verzerrt von einer grob fehlerhaften Infobroschüre der Cameron-Regierung, die den zu erwartenden Einkommensverlust als Effekt eines EU-Austritts verschwieg – mit dieser Information hätte sich eine klare Pro-EU-Mehrheit ergeben. Ein zweites Referendum? EU-Reformen? Nötig ist eine Neo-EU, die besser konstruiert ist. Die 2., erweiterte Auflage mit dem aktuellen Stand der Diskussion zum BREXIT.

The argument of this book is addressed to those who desire to order their daily lives, in the homme, in the shop, in the factory, or on the farm, in conformity with the highest ethical standards, or in more familiar words, to live according to the will of God; and to them only. They constitute, I hope, a large proportion of mankind but be that as it ma, I know that there are at present among them many who are sorely perplexed in mind, and gravely disturbed in conscience, by the apparent contradiction between the precepts of ethics and the laws of economics. It is my earnest hope that in this book they mind some help towards the solution of their difficulties

In diesem Buch wird erläutert, warum aktuelle theoretische Modelle der Wirtschaftswissenschaften in der Praxis scheitern (müssen) und von welchen Annahmen stattdessen ausgegangen werden sollte.In den ökonomischen Theorien wird vom rational denkenden und rational handelnden Menschen, dem Homo Oeconomicus, ausgegangen. Dabei wird von vornherein festgelegt, was rationales Handeln ist - ohne die Umstände des Handelns zu berücksichtigen. In der Praxis jedoch entscheidet und handelt der Mensch belegbar nicht immer'rational'nach der vorgegebenen Definition, sondern meistens emotional und immer im Kontext der Umstände. Der Autor belegt diesen Widerspruch anhand von Beispielen und gibt auch Handlungsempfehlungen, um ökonomische Krisen zu verhindern.

Since the days of Lev Pontryagin and his associates, the discipline of Optimal Control has enjoyed a tremendous upswing – not only in terms of its mathematical foundations, but also with regard to numerous fields of application, which have given rise to highly active research areas. Few scholars, however, have been able to make contributions to both the mathematical developments and the (socio-)economic applications; Vladimir Veliov is one of them. In the course of his scientific career, he has contributed highly influential research on mathematical aspects of Optimal Control Theory, as well as applications in Economics and Operations Research. One of the hallmarks of his research is its impressive breadth. This volume, published on the occasion of his 65th birthday, accurately reflects that diversity. The mathematical aspects covered include stability theory for difference inclusions, metric regularity, generalized duality theory, the Bolza problem from a functional analytic perspective, and fractional calculus. In turn, the book explores various applications of control theory, such as population dynamics, population economics, epidemiology, optimal growth theory, resource and energy economics, environmental management, and climate change. Further topics include optimal liquidity, dynamics of the firm, and wealth inequality.

Originally published in 1989. Professor Robinson begins by examining natural resource classification and the nature of return in mining, giving particular emphasis to different sources of long-run price changes in mining and their relevance for user cost and the economic treatment for exhaustible resources. He then traces the development of the economic theory of exhaustible resources from the last quarter of the eighteenth century to the first quarter of the twentieth, documenting the differing views of various authors about the future availability of mineral resources and the extent of user cost involved in their exploitation. He identifies a link between the perceived availability of exhaustible resources and the nature of the economic theory used to explain their exploitation. This book should be of interest to students and researchers of Economic Theory and Policy.

The text contains no explicit reference to mathematical apparatus which has rendered eminient service in economics, especially in recent years. Some of the simpler applications of algebraic symbols and geometrical diagrams to econcomic problems are presented in an appendix. Those to whom these forms of expression tend rather to confuse than to clarify the reasoning which they embody, may thus readily spare themselves this confusion; while those to whom symbols are familiar and helpful will not be deprived of the aid to precision of conception and of argument which can hardly be afforded in equal degree by any other means.

What does the movie Lion tell us about why some societies grow rich and others remain poor? What can the global box office juggernaut, Jurassic World tell us about entrepreneurs and the ethics of business? Can the movie Passengers give us insight into human motivation and decision making? This book surveys more than 40 movies to answer these questions and much more.Movies do more than entertain. They project important insights, often unintentional, into the way the world works and the values society cares about. Indeed, their stories are often grounded in the real-world experiences of everyday people. As part of this, movies also provide a window into understanding and evaluating economic behavior. Economics is, after all, the study of how scarce resources like labor, capital, and technology are used to improve (or reduce) our welfare. It also helps us to more fully understand the consequences in our lives that result from those choices and decisions. Through exploring a wide range of films from Passengers to Victoria and Abdul, this book delves into economic concepts such as opportunity costs, profit maximization, greed, business ethics, monopoly, economic growth, and entrepreneurship.Contemporary Film and Economics is a must read for anyone interested in how movies project and interpret economic ideas, craft popular narratives for how economies operate, and explore motivations for economic behavior. Economists will find it useful in starting discussions on key concepts, while filmmakers will find the discussions of economic concepts a provocative way of thinking about how to craft engaging stories that are grounded in practical experience.

William Petty (1623-1687), long recognised as a founding father of English political economy, was actively involved in the military-colonial administration of Ireland following its invasion by Oliver Cromwell, and to the end of his days continued to devise schemes for securing England's continued domination of that country. It was in that context that he elaborated his economic ideas, which consequently reflect the world of military-bureaucratic officialdom, neo-feudalism and colonialism he served. This book shows that much of the theory and methodology in use within the economics discipline of today has its roots in the writings of Petty and his contemporaries, rather than in the supposedly universalistic and enlightened ideals of Adam Smith a century later. Many of the fundamental ideas of today's development economics, for example, are shown to have been deployed by Petty explicitly for the purpose of furthering England's colonialist objectives, while his pioneering writings on fiscal issues and national accounting theory were equally explicitly directed towards the raising of funds for England's predatory colonial and commercial wars. This book argues that exploring the historical roots of economic ideas and methods in this way is an essential aspect of assessing their appropriateness and analytical power today, and that this is more relevant than ever. It will be of interest to advanced students and researchers in the history of economic thought, early modern economic history, development economics and economic geography.

Government collapsing? Zombies hunting you down? Everyone you know killed by a global epidemic? Not to worry! Economics holds the keys to survival. Often known as'the dismal science', it is particularly equipped to reveal order in what seems like chaos.Economists observe human behaviour: what leads us to take action, and the subsequent consequences. However, the choices made by individuals are not made in isolation; they influence and are influenced by the actions of others. A set of rules, even if unwritten, guides human behaviour. Foundational economic principles stand firmly in place, even when society is breaking down, and an understanding of these basic tenets of societies is essential to surviving the end of the world as we know it.In this book, the authors draw from popular culture to show economic principles at work in the dystopian societies depicted in The Walking Dead, Mad Max: Fury Road, The Hunger Games, Divergent, A Clockwork Orange, and Last Man on Earth. In each society, its members face resource and social constraints that incentivize particular behaviours and lead to predictable outcomes. How does human behaviour change when resources are severely limited, the legal system breaks down, or individual freedom is stifled? The examples presented here shed an eerie light on the principles that guide our actions every day.Dystopia and Economics: A Guide to Surviving Everything from the Apocalypse to Zombies provides a user-friendly introduction to economics suitable for a general audience as well as devoted students of the discipline.

This book examines how contemporary financial economy evolved as the predominant economic system, and why unabated accumulation of financial capital takes place in such systems. It reviews the mechanics of accumulation of wealth by tracing the historical roots of financial capital. Traversing the evolutions of capitalist systems since the 1850s till recent times, Financial Economy provides a lucid and logical explanation of the phenomenon. It uses a new methodology based on economic circuit of stocks and flows following the early ideas of the French economists of the 18th century and the contemporary Circuit school. It provides an alternative framework for studying economic systems design, keeping aside the orthodox neoclassical analysis of equilibrium market exchange. Further, it highlights the global financial circuit, the state of the current digitalised economy with electronic money transfers, consumer's decision-making and expected future earnings, and questions the relevance of some fundamental concepts of economics as well as economic policies. Using a notion of sequential economy, it also shows how present economic activities are treading upon the future. This book will interest students and researchers of advanced macroeconomics, political economy, heterodox economics, economic history, and evolutionary economics. The historical account of the evolutions of capital, interest, and corporate structures will also be of interest to general readers.

Lionel Robbins (1898–1984) is best known to economists for his Essay on the Nature and Significance of Economic Science (1932 and 1935). To the wider public he is well known for the'Robbins Report'of the 1960s on Higher Education, which recommended a major expansion of university education in Britain. However, throughout his academic career – at Oxford and the London School of Economics in the 1920s, and as Professor of Economics at the School from 1929 to 1961 – he was renowned as an exceptionally gifted teacher. Generations of students remember his lectures for their clarity and comprehensiveness and for his infectious enthusiasm for his subject. Besides his famous graduate seminar his most important and influential courses at LSE were the Principles of Economic Analysis, which he gave in the 1930s and again in the late 1940s and 1950s, as well as the History of Economic Thought, from 1953 until long after his official retirement. This book publishes for the first time the manuscript notes Robbins used for his lectures on the Principles of Economic Analysis from 1929/30 to 1934/40. At the outset of his career he took the advice of a senior colleague to prepare his lectures by writing them out fully before he presented them; the full notes for most of his pre-war lectures survive and are eminently decipherable.Since he made two major revisions of the lectures in the 1930s the Principles notes show both the development of his own thought and the way he incorporated the major theoretical innovations made by younger economists at LSE, such as John Hicks and Nicholas Kaldor, or elsewhere, notably Joan Robinson. He intended to turn his lecture notes into a book, abandoning the project only when he was asked to chair the Committee on Higher Education in 1960. This volume is not exactly the book he wanted to write, but it is a unique record of what was taught to senior undergraduate and graduate economists in those'years of high theory'. It will be of interest to all economists interested in the development of economics in the twentieth century.

First published in 1997, this volume was undertaken to provide a means to introduce new thinking in economics which have been considered a counter-revolution with regards to the core framework of economic analysis. Stanley Bober explores areas including the theory of household income, the role of prices, growth analysis and Keynesian economics. The book pays particular attention to the Kaldor-Pasinetti income distribution models as they relate to aggregate saving along with the Harrod-Domar macro-dynamic growth paths.

Adam Smith's contribution to economics is well recognised, but scholars have recently been exploring anew the multidisciplinary nature of his works. The Adam Smith Review is a rigorously refereed annual review that provides a unique forum for interdisciplinary debate on all aspects of Adam Smith's works, his place in history, and the significance of his writings to the modern world. It is aimed at facilitating debate between scholars working across the humanities and social sciences, thus emulating the reach of the Enlightenment world which Smith helped to shape.This tenth volume brings together leading scholars from across several disciplines, and offers a particular focus on Smith's continuing impact on the history of economics. There is also an emphasis throughout the volume on the relationship between Smith's work and that of other key thinkers.

Il existe un véritable conflit, entre le capital et le travail, autrement dit entre économie et société, qui peut être dépassé par la coévolution. Ce concept comprend plusieurs points-clés : vivre, avec les clients et les collaborateurs, une culture du sens et de l'estime humaine ; respecter les ressources de la société et de la nature, et les gérer dans une perspective à long terme. L'expérience a prouvé maintes fois que ces entreprises sont plus robustes et rentables que la moyenne.

Der Markt diktiert unsere Wirtschaft: Er zwingt Unternehmen zu Entlassungen, scheucht die Politik vor sich her oder reagiert nervös. Doch existiert dieser „Markt“ überhaupt? Und was verbirgt sich dahinter? Peter Seele und Lucas Zapf räumen auf mit dieser Vergötterung eines bewährten Tauschmechanismus zwischen Individuen, Unternehmen und öffentlichen Akteuren. In diesem Buch betrachten sie den Marktbegriff unter logischen Aspekten und untersuchen seine Bedeutung und Verwendung in der Sprache. Mit diesem logischen Blickwinkel fällen sie keine Aussage über ein wahrhaftiges Dasein des Marktes – vielmehr weisen sie darauf hin, wie die Marktvergötterung genutzt wird, um beispielsweise unangenehme Entscheidungen zu legitimieren und die Verantwortung auf einen ominösen Markt abzuwälzen. Sie entwerfen einen freien und aufgeklärten Marktbegriff, der diese riskanten Verzerrungen verhindert.

Nearly 85 years ago, Wesley Clair Mitchell, the acknowledged leader of American economists during the first half of this century, wrote:'Important as the art of spending is, we have developed less skill in its practice than in the practice of making money. Common sense forbids our wasting dollars earned by irksome efforts; and yet we are notoriously extravagant. Ignorance of qualities, uncertainty of taste, lack of accounting, carelessness about pricesà. Many of us scarcely know what becomes of our moneyà.'More than ever, in our world of ever-increasing credit card debt, lenient bankruptcy laws, and runaway consumption, these words still ring true. This collection of Mitchell's essays, makes it easier for today's and tomorrow's economists and social scientists to become acquainted with Mitchell's many contributions to the study of the American economy.Regrettably, the passage of time can blur and even obliterate the reputation and achievements of yesterday's leaders of ideas and actions. Although the National Bureau of Economic Research, which Mitchell helped to found and which he led in the 1920s and 1930s, remains a leading research institution, relatively few of its associates, who represent the elite among U.S. academic economists, have any first-hand acquaintance with Mitchell's work. Eli Ginzberg rounds out this edition with Mitchell's comprehensive analysis of'Business Cycles,'first published in 1929, an area that commanded most of his scholarly efforts. Ginzberg's essay on Mitchell, written in 1931 and published for the first time in 1997, serves as an appropriate introduction to this new edition. His afterword contains remarks delivered at the 50th anniversary of Mitchell's death at the meeting of the Allied Social Sciences Association held in Chicago early in 1998, a telling tribute to this undisputed giant in the field.Wesley Clair Mitchell (1874û1948) held major teaching posts at the University of California and Columbia University. One of the most eminent U.S. economists, Mitchell focused much of his research on the statistical investigation of business cycles. His two major works are Business Cycles (1913) and Business Cycles: The Problem at its Setting, (1927).Eli Ginzberg is A. Barton Hepburn Professor Emeritus at the Graduate School of Business, and Director of the Eisenhower Center for the Conservation of Human Resources at Columbia University.

This edited collection provides a comprehensive examination of multidimensional poverty for a wide variety of economies and societies, with a general focus on multidimensional poverty in developed countries, where poverty is often overlooked. Arguing that income- and consumption-based poverty measures cannot provide a full picture of the presence and extent of poverty, the contributors suggest new ways to structure assessment indexes. Complementing the discussion of new rubrics, a series of single-country and comparative examples from Europe and the United States examine variation in multidimensional poverty incidence and the extent of deprivation. This combination of methodology and application will appeal to academics, researchers, and policymakers alike.

This book analyzes how the EU referendum in the United Kingdom came to pass and what the foreseeable consequences are for the UK, Europe, US and world economy. The Brexit decision represents a momentous event for Europe, which weakens the EU and shifts the global balance of power. Welfens argues the EU has lost its appeal and is not in keeping with the twenty-first century, which is being shaped by Asia and digital innovations. The subject of immigration from EU countries played a key role in the Brexit decision, with an anti-EU campaign that was profoundly biased. The estimated impact of the referendum was deeply distorted by the broadly inadequate information produced by the Cameron government, which omitted the expected 10 percent loss in income caused by leaving the EU. With this this information, there could have been a clear pro-EU majority. In the absence of a second referendum, one cannot know what the British electorate really wants. Both the Brexit decision and new Presidentof the United States Donald Trump's approach to European disintegration dynamics also raise serious questions about the future of transatlantic relations.

The book explains the basic ideas of economics along with their historical context. It includes the events and traditions of the era of mentors—Smith, Ricardo, Marx, Walras, Keynes—with the economics they developed and controversies around them.

Though Cannan, in his early years as an economist, was a critic of classical economics and an ally of interventionists, he moved sharply to the side of classical liberalism in the early 20th century. In this book, originally published in 1929 Edwin Cannan discussed in comparative terms the general problems of economics and in particular the theories of production, value and distribution and the attempts that had been made to solve them. Examining key principles of economics in historical terms, the author draws his own conclusions only after a full discussion of various viewpoints.