Common Mistakes In Economics By The Public Students Economists And Nobel Laureates
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Common Mistakes in Economics by the Public, Students, Economists, and Nobel Laureates by Yew-Kwang Ng Pdf
This book presents and discusses the most common mistakes in economics made by a vast majority of people in every aspect of society. Discussed herein are common misconceptions on economic issues, including such perennial issues like 'technical progress destroys jobs', 'immigration harms the domestic economy', 'population growth is undesirable', 'globalisation is bad'. Such misconceptions by a significant section of the general public do not just reflect inadequate understanding of how the economy functions, but may actually lead to unnecessary conflicts and impede progress and liberalisation. Understanding our mistakes on these issues may thus contribute to the advancement of our society and the progress towards a more harmonious world.
Frontier Topics in Banking by Elisabetta Gualandri,Valeria Venturelli,Alex Sclip Pdf
The aim of this book is twofold: Firstly to focus on the development of new instruments and topics in the financial industry. Secondly to analyze the development of “old” themes applied to different international contexts, such as cross-border banking and the role of government financial resources in China. With these goals in mind, the book explores the investigation of new instruments for the financing of SMEs and new ventures, such as mini bonds and equity crowdfunding. Additionally, it covers the field of corporate governance and corporate social responsibility including financial inclusion, gender roles, disclosure, social media roles and litigation. The book also investigates the choices followed by the Royal Swedish Academy in the selection of Nobel laureates in economics science to analyze their influence on the financial industry. Geared to banking academics, researchers and students, this book uncovers the most prominent issues within the banking industry today.
Reclaiming Individualism reviews the scope of individualist approaches to public policy, considering how they shape contemporary policy practices. It argues for a concept of individualism based on rights, human dignity, shared interests, and social protection, providing a thorough analysis and classification of individualism as applied to social and public policy. An important resource for those working or studying in these fields, it is a powerful restatement of some of the key values that led to the establishment of individualism as such a strong social force.
Public Policy and the Public Interest by Lok-sang Ho Pdf
As a book on public policy, this book is unique in addressing explicitly the role of human nature. Only with a good understanding of human nature can policy makers address their foremost needs and anticipate how people may respond to specific designs in policy. This way policy makers can avoid "unintended consequences." The book also provides a new perspective on the meaning of public interest, which is based on intellectual roots dating back to J.S.Mill and more recently Harsanyi and Rawls. Traditionally, economists have referred to either the Hicksian criterion or the Kaldorian criterion as the yardstick to whether a policy is welfare enhancing, not realizing that both of these criteria fail abjectly in producing a convincing test for welfare improvement. This is because ex post, typically some people will gain and some people will lose from any policy. The author argues for an alternative, ex ante welfare increase criterion that is based on how people would assess a policy if they were completely impartial and totally ignored their personal interests. It applies the principles to key policy concerns such as health policy, tort law reform, education and cultural policy, and pension reform. The healthcare reform proposals in the book illustrate the application of the principles. The author proposes a basic protection plan under which standard basic healthcare services are priced the same whether they are provided by public or private caregivers—at levels that can contain both demand side and supply side moral hazard. Annual eligible healthcare expenses are capped to alleviate worries. A "Lifetime Healthcare Supplement" that includes an element of risk sharing adds to patients’ choice and protection without compromising fiscal sustainability.
The book is researched and written with strong academic rigor and persuasive argument that also makes it accessible to the general public. Considering efficiency, equality, and morality, it argues for market expansion, particularly in legalizing kidney sales and prostitution. These are highly controversial issues with important public policy significance.
Relations. Beyond Anthropocentrism, 3.2 - November 2015 by AA. VV. Pdf
Relations. Beyond Anthropocentrism is a peer-refereed journal of trans-anthropocentric ethics and related inquires. The main aim of the journal is to create a professional interdisciplinary forum in Europe to discuss moral and scientific issues that concern the increasing need of going beyond narrow anthropocentric paradigms in all fields of knowledge. The journal accepts submissions on all topics which promote European research adopting a non-anthropocentric ethical perspective on both interspecific and intraspecific relationships between all life species – humans included – and between these and the abiotic environment.
This book answers fundamental questions not answered by either science or religion. How did our universe originate? Science says, “from the Big Bang”, but how did this come about? Religion says that it was created by God, but how did God originate? Our universe, with its relativity nature and quantum physics peculiarities, cannot exist by itself. Using five compelling axioms, this book proves that God evolved in the wider universe and created our sub-universe. Further questions like how did the wider universe come about are also answered logically.
What is Mesoeconomics The study of economic arrangements that are not based on the microeconomics of buying and selling as well as supply and demand, nor on the macroeconomic reasoning of aggregate totals of demand, but rather on the significance of the structures under which these forces play out, and how to measure the effects of these structures, is referred to as mezzoeconomics or mesoeconomics. This is a neologism that is used to describe the study of economic arrangements. Back in the 19th century, the field of study known as mesoeconomics first started to take shape. Long-term planning and economic zoning were topics that were investigated by Soviet researchers in the first half of the 20th century. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Mesoeconomics Chapter 2: Keynesian economics Chapter 3: Microeconomics Chapter 4: Macroeconomics Chapter 5: Neoclassical economics Chapter 6: General equilibrium theory Chapter 7: Post-Keynesian economics Chapter 8: Index of economics articles Chapter 9: Fiscal policy Chapter 10: Demand management Chapter 11: Kurt Dopfer Chapter 12: Long run and short run Chapter 13: Economics education Chapter 14: Dynamic stochastic general equilibrium Chapter 15: Microfoundations Chapter 16: New classical macroeconomics Chapter 17: Yew-Kwang Ng Chapter 18: Jason Potts (economist) Chapter 19: History of macroeconomic thought Chapter 20: New neoclassical synthesis Chapter 21: Richard Curtin (economist) (II) Answering the public top questions about mesoeconomics. (III) Real world examples for the usage of mesoeconomics in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of mesoeconomics Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of mesoeconomics.
What makes economies work—or not work? This concise overview of the field’s great thinkers offers a wealth of information. Paul Heyne, one of the nation’s best-selling economists, provides an accessible overview of the discipline of economics. Economic knowledge, he contends, is not complete without reference to the totality of human society—a realization essential to a proper understanding of the fundamental principles of economics. The sweep of economic thinking is presented here with reference to the great economists and important schools of thought.
Should Wealth Be Redistributed? by Steven McMullen,James R. Otteson Pdf
A central contested issue in contemporary economics and political philosophy is whether governments should redistribute wealth. In this book, a philosopher and an economist debate this question. James Otteson argues that respect for individual persons requires that the government should usually not alter the results of free exchanges, and so redistribution is usually wrong. Steven McMullen argues that governments should substantially redistribute wealth in order to ensure that all have a minimal opportunity to participate in economic life. Over the course of the exchange, the authors investigate a number of important questions. Is redistribution properly a question of justice, and what is the appropriate standard? Has the welfare state been effective at fighting poverty? Can we expect government intervention in the economy to be helpful or counterproductive? Are our obligations to help the poor best met through government action, or through private philanthropy and individual charity? The book features clear statements of each argument, responses to counterarguments, in-text definitions, a glossary of key terms, and section summaries. Scholars and students alike will find it easy to follow the debate and learn the key concepts from philosophy, politics, and economics necessary to understand each position. Key Features: Offers clear arguments written to be accessible to readers and students without a deep background in economics, philosophy, or political theory. Fosters a deep exchange of ideas with responses from each author to the main arguments. Provides in-text definitions and a glossary with definitions of key terms. Includes section summaries that give an overview of the main arguments and a comprehensive bibliography for further reading.
What can the ideas of history's greatest economists tell us about the most important issues of our time? 'The best place to start to learn about the very greatest economists of all time' Professor Tyler Cowen, author of The Complacent Class and The Great Stagnation Since the days of Adam Smith, economists have grappled with a series of familiar problems - but often their ideas are hard to digest, before we even try to apply them to today's issues. Linda Yueh is renowned for her combination of erudition, as an accomplished economist herself, and accessibility, as a leading writer and broadcaster in this field; and in The Great Economists she explains the key thoughts of history's greatest economists, how their lives and times affected their ideas, how our lives have been influenced by their work, and how they could help with the policy challenges that we face today. In the light of current economic problems, and in particular economic growth, Yueh explores the thoughts of economists from Adam Smith and David Ricardo through Joan Robinson and Milton Friedman to Douglass North and Robert Solow. Along the way she asks, for example: what do the ideas of Karl Marx tell us about the likely future for the Chinese economy? How does the work of John Maynard Keynes, who argued for government spending to create full employment, help us think about state investment? And with globalization in trouble, what can we learn about handling Brexit and Trumpism? In one accessible volume, this expert new voice provides an overarching guide to the biggest questions of our time. The Great Economists includes: Adam Smith David Ricardo Karl Marx Alfred Marshall Irving Fisher John Maynard Keynes Joseph Schumpeter Friedrich Hayek Joan Robinson Milton Friedman Douglass North Robert Solow 'Economics students, like others, can learn a lot from this book' - Professor Paul Collier, author of The Bottom Billion 'Not only a great way to learn in an easily readable manner about some of the greatest economic influences of the past, but also a good way to test your own a priori assumptions about some of the big challenges of our time.' - Lord Jim O'Neill, former Chairman at Goldman Sachs Asset Management, former UK Treasury Minister, and author of The Growth Map 'An extremely engaging survey of the lifetimes and ideas of the great thinkers of economic history.' - Professor Kenneth Rogoff, author of The Curse of Cash and co-author of This Time is Different 'This book is a very readable introduction to the lives and thinking of the greats.' - Professor Raghuram Rajan, former Governor of the Reserve Bank of India, and author of I Do What I Do and Fault Lines 'Read it not only to learn about the world's great economists, but also to see how consequential thought innovations can be, and have been.' - Mohamed el-Erian, Chief Economic Adviser at Allianz, former CEO of PIMCO
Economics is today among the most influential of all professions. Economists alter the course of economic affairs and deeply affect the lives of current and future generations. Yet, virtually alone among the major professions, economics lacks a body of professional ethics to guide its practitioners. Over the past century the profession consistently has refused to adopt or even explore professional economic ethics. As a consequence, economists are largely unprepared for the ethical challenges they face in their work. The Economist's Oath challenges the economic orthodoxy. It builds the case for professional economic ethics step by step-first by rebutting economists' arguments against and then by building an escalating positive case for professional economic ethics. The book surveys what economists do and demonstrates that their work is ethically fraught. It explores the principles, questions, and debates that inform professional ethics in other fields, and identifies the lessons that economics can take from the best established bodies of professional ethics. George DeMartino demonstrates that in the absence of professional ethics, well-meaning economists have committed basic, preventable ethical errors that have caused severe harm for societies across the globe. The book investigates the reforms in economic education that would be necessary to recognize professional ethical obligations, and concludes with the Economist's Oath, drawing on the book's central insights and highlighting the virtues that are required of the "ethical economist." The Economist's Oath seeks to initiate a serious conversation among economists about the ethical content of their work. It examines the ethical entailments of the immense influence over the lives of others that the economics profession now enjoys, and proposes a framework for the new field of professional economic ethics.
United States. Congress. Senate. Committee on Environment and Public Works
Author : United States. Congress. Senate. Committee on Environment and Public Works Publisher : Unknown Page : 382 pages File Size : 44,7 Mb Release : 2015 Category : Energy conservation ISBN : STANFORD:36105050687396
A Recent History of Recognized Economic Thought: Contributions of the Nobel Laureates to Economic Science by Lee H. Dymond Pdf
Since 1969, 75 people have been awarded the Nobel Prize in Economics. Recent Recognized "A History of Economic Thought - Contributions of the Nobel Laureates to Economic Science" describes their major accomplishments in a manner so all readers, regardless of their knowledge of economics, can appreciate the efforts of these scholars and their impact on the development and progress of economic science. Begin with a brief tour of economic thought and the factors that have influenced economic doctrine from the 16th through the 20th century. Then, for each Nobel Laureate, learn about their background and professional affiliations. Complete your understanding of each Laureate's accomplishments with a concise, relatively non-technical summary of their Nobel Prize Lecture.
