Economic Essays

Author : R. H. Coase
Publisher : University of Chicago Press
Page : 260 pages
File Size : 55,6 Mb
Release : 2012-11-16
Category : Business & Economics
ISBN : 9780226051345

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Essays on Economics and Economists by R. H. Coase Pdf

Reflections on two centuries of economic history from a Nobel Prize winner in the field: “An accessible collection by a renowned economist.”—Library Journal How do economists decide what questions to address and how to choose their theories? How do they tackle the problems of the economic system and give advice on public policy? With these broad questions, Nobel laureate R. H. Coase, widely recognized for his seminal work on transaction costs, reflects on some of the most fundamental concerns of economists over the past two centuries. In fifteen essays, Coase evaluates the contributions of a number of outstanding figures, including Adam Smith, Alfred Marshall, Arnold Plant, Duncan Black, and George Stigler, as well as economists at the London School of Economics in the 1930s. “Are you looking for a book by an economist who can really write and has insight after insight on free markets vs. government regulation? Would you like it even better if you could get some good laughs from his clever way of putting things? Then Ronald H. Coase’s Essays on Economics and Economists is the book for you.”—Reason

Author : Samuel A. Chambers
Publisher : punctum books
Page : 168 pages
File Size : 52,7 Mb
Release : 2018
Category : Business & Economics
ISBN : 9781947447899

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There's No Such Thing as "The Economy" by Samuel A. Chambers Pdf

Every Economics textbook today teaches that questions of values and morality lie outside of, are in fact excluded from, the field of Economics and its proper domain of study, "the economy." Yet the dominant cultural and media narrative in response to major economic crisis is almost always one of moral outrage. How do we reconcile this tension or explain this paradox by which Economics seems to have both everything and nothing to do with values? The discipline of modern economics hypostatizes and continually reifies a domain it calls "the economy"; only this epistemic practice makes it possible to falsely separate the question of value from the broader inquiry into the economic. And only if we have first eliminated value from the domain of economics can we then transform stories of financial crisis or massive corporate corruption into simple tales of ethics. But if economic forces establish, transform, and maintain relations of value then it proves impossible to separate economics from questions of value, because value relations only come to be in the world by way of economic logics. This means that the "positive economics" spoken of so fondly in the textbooks is nothing more than a contradiction in terms, and as this book demonstrates, there's no such thing as "the economy." To grasp the basic logic of capital is to bring into view the unbreakable link between economics and value.

Author : Lance Taylor,Armon Rezai,Thomas Michl
Publisher : Routledge
Page : 427 pages
File Size : 49,5 Mb
Release : 2013-02-11
Category : Business & Economics
ISBN : 9781136270871

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Social Fairness and Economics by Lance Taylor,Armon Rezai,Thomas Michl Pdf

This volume brings together papers inspired by the work of Duncan Foley, an extraordinarily productive economist who has made seminal contributions to a wide variety of areas. Foley’s work cannot be easily classified, but one thread that runs through it is a critical examination (along both ethical and analytical lines) of conventional neoclassical economic theory, particularly involving general equilibrium theories of value and money. Foley was a pioneer of complexity economics as well, which adopts approaches to these questions drawn from natural sciences, so the collection therefore has an interdisciplinary quality that will interest a wide variety of readers. Some of the chapters are intellectual biographies that contextualize and identify Foley’s contributions to Keynesian macroeconomics, Marxian value theory, and complexity theory in economics. The topics covered include the economics of complexity; the ethics of general equilibrium theory; the economics of climate change; applications of Keynesian, Marxian and Ricardian political economy; and money and financial crises. The collection should be useful to scholars who work in various economic traditions critical of the currently dominant free-market approach, but it also speaks to scholars of critical theory in various disciplines beyond economics such as the mathematicians, physicists, and other natural scientists who are interested in understanding the complexity of social processes using their analytical frameworks. This book should also appeal to graduate students in economics who are working in these traditions, as well as scholars (including current graduate students in orthodox programs) who are dissatisfied with the current state of economic theory and would like to satisfy their intellectual curiosity by sampling the contributions of critical theorists.

Author : Tony Lawson
Publisher : Routledge
Page : 276 pages
File Size : 49,9 Mb
Release : 2015-04-17
Category : Business & Economics
ISBN : 9781317530886

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Essays on: The Nature and State of Modern Economics by Tony Lawson Pdf

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.

Author : Angus Maddison
Publisher : Oxford University Press
Page : 433 pages
File Size : 52,7 Mb
Release : 2007-09-20
Category : Business & Economics
ISBN : 9780199227211

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Contours of the World Economy 1-2030 AD by Angus Maddison Pdf

This book combines qualitative histories with quantitative data.

Author : Joseph E. Stiglitz
Publisher : MIT Press
Page : 722 pages
File Size : 41,7 Mb
Release : 2003
Category : Business & Economics
ISBN : 0262012057

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Economics for an Imperfect World by Joseph E. Stiglitz Pdf

The focus of Joseph Stiglitz's work in economics throughout his long and distinguished career has been on the real world, with all of its imperfections.

Author : G. Harcourt
Publisher : Springer
Page : 361 pages
File Size : 48,6 Mb
Release : 2001-01-26
Category : Business & Economics
ISBN : 9780230510562

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Selected Essays on Economic Policy by G. Harcourt Pdf

This volume contains classic essays on economic policy written by one of its great exponents. The opening essay traces the author's evolving structures of thought about economics and the policy proposals that came from them over this period. Section 2 contains essays which set the background to the policy recommendations. In section 3 the role of investment incentives is analysed. Section 4 is concerned with the influence of accounting conventions on private decision-making and government policy in both capitalist and planned economies. Section 5 contains a number of package deals, all designed to fit within the constraint of the philosophy of governments in power. The last section, general essays, ranges from a scheme for the payment of prisoners to the celebration of the views on policy of great economists, from Colin Clark, through Nicky Kaldor to John Cornwall.

Author : Joan Robinson
Publisher : Springer
Page : 150 pages
File Size : 55,9 Mb
Release : 1965-01-01
Category : Business & Economics
ISBN : 9781349006267

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Essays in the Theory of Economic Growth by Joan Robinson Pdf

Author : Milton Friedman
Publisher : University of Chicago Press
Page : 336 pages
File Size : 51,9 Mb
Release : 1953
Category : Business & Economics
ISBN : 9780226264035

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Essays in Positive Economics by Milton Friedman Pdf

This paper is concerned primarily with certain methodological problems that arise in constructing the "distinct positive science" that John Neville Keynes called for, in particular, the problem how to decide whether a suggested hypothesis or theory should be tentatively accepted as part of the "body of systematized knowledge concerning what is."

Author : M. Kalecki
Publisher : Routledge
Page : 155 pages
File Size : 48,8 Mb
Release : 2013-10-08
Category : Business & Economics
ISBN : 9781136517020

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Essays in the Theory of Economic Fluctuations by M. Kalecki Pdf

These essays, though formally independent, nevertheless constitute a whole, each one preparing the way for the succeeding chapter.

Author : Barrington Moore
Publisher : Cornell University Press
Page : 201 pages
File Size : 43,5 Mb
Release : 2018-03-15
Category : Business & Economics
ISBN : 9781501726422

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Moral Aspects of Economic Growth, and Other Essays by Barrington Moore Pdf

Barrington Moore, Jr., one of the most distinguished thinkers in critical theory and historical sociology, was long concerned with the prospects for freedom and decency in industrial society. The product of decades of reflection on issues of authority, inequality, and injustice, this volume analyzes fluctuating moral beliefs and behavior in political and economic affairs at different points in history, from the early Middle Ages in England to the prospects for liberalism under twentieth-century Soviet socialism. The social sources of antisocial behavior; principles of social inequality; and the origins, enemies, and possibilities of rational discussion in public affairs—these are among the topics Moore considers as he seeks to uncover the historical causes of some accepted forms of morality and to assess their social consequences. The keynote essay examines how moral codes grew out of commercial practices in England from medieval times through the industrial revolution. Moore pays special attention to conceptions of honesty and the temptation to evade that inform the volume as a whole. In the other essays, he considers particular political issues, viewing "political" in its broadest sense as an unequal distribution of power and authority that carries a strong moral charge. Free of preaching and advocacy, his work offers a rare reasonable assessment of the morality of major social institutions over time.

Author : Thomas Edward Cliffe Leslie
Publisher : Unknown
Page : 460 pages
File Size : 49,8 Mb
Release : 1888
Category : Economics
ISBN : PSU:000017915601

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Essays in Political Economy by Thomas Edward Cliffe Leslie Pdf

Author : Tony Lawson
Publisher : Routledge
Page : 313 pages
File Size : 54,7 Mb
Release : 2015-04-17
Category : Business & Economics
ISBN : 9781317530879

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Essays on: The Nature and State of Modern Economics by Tony Lawson Pdf

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.

Author : Anastasios G Malliaris
Publisher : World Scientific
Page : 373 pages
File Size : 55,5 Mb
Release : 2005-10-03
Category : Business & Economics
ISBN : 9789814480048

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Economic Uncertainty, Instabilities And Asset Bubbles: Selected Essays by Anastasios G Malliaris Pdf

The compendium of papers in this volume focuses on aspects of economic uncertainty, financial instabilities and asset bubbles.Economic uncertainty is modeled in continuous time using the mathematical techniques of stochastic calculus. A detailed treatment of important topics is provided, including the existence and uniqueness of asymptotic economic growth, the modeling of inflation and interest rates, the decomposition of inflation and its volatility, and the extension of the quantity theory of money to allow for randomness.The reader is also introduced to the methods of chaotic dynamics, and this methodology is applied to asset pricing, the European equity markets, and the multi-fractality in foreign currency markets.Since the techniques of stochastic calculus and chaotic dynamics do not readily accommodate the presence of stochastic bubbles, several papers discuss in depth the presence of financial bubbles in asset prices, and econometric work is performed to link such bubbles to monetary policy.Finally, since bubbles often burst rather than deflate slowly, the last section of the book studies the crash of October 1987 as well as other crashes of national equity markets due to the Persian gulf crisis.

Author : John Marcus Fleming
Publisher : Cambridge : Harvard University Press
Page : 368 pages
File Size : 53,7 Mb
Release : 1971
Category : Business & Economics
ISBN : UOM:39015013401883

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Essays in International Economics by John Marcus Fleming Pdf

This book is concerned with the application of economic theory to problems of international economic policy. For most of his life the author has been employed as a national or international official in London and Washington, in makers of economic policy.