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Economic Ideas You Should Forget by Bruno S. Frey,David Iselin Pdf
Reporting on cutting-edge advances in economics, this book presents a selection of commentaries that reveal the weaknesses of several core economics concepts. Economics is a vigorous and progressive science, which does not lose its force when particular parts of its theory are empirically invalidated; instead, they contribute to the accumulation of knowledge. By discussing problematic theoretical assumptions and drawing on the latest empirical research, the authors question specific hypotheses and reject major economic ideas from the “Coase Theorem” to “Say’s Law” and “Bayesianism.” Many of these ideas remain prominent among politicians, economists and the general public. Yet, in the light of the financial crisis, they have lost both their relevance and supporting empirical evidence. This fascinating and thought-provoking collection of 71 short essays written by respected economists and social scientists from all over the world will appeal to anyone interested in scientific progress and the further development of economics.
The Scholar's Guide to Economic Ideas by Bruno S. Frey,David Iselin,Christoph A. Schaltegger Pdf
This two-volume set presents a selection of commentaries by respected economists and social scientists that reveal the weaknesses and strengths of several core economics concepts. In the volume “Economic Ideas You Should Forget”, the authors question specific hypotheses and reject major economic ideas. In the volume “21st Century Economics: Economic Ideas You Should Read and Remember”, the authors state their personal opinion on what matters most in contemporary economics.
50 Economics Ideas You Really Need to Know by Edmund Conway Pdf
In a series of 50 accessible essays, Ed Conway introduces and explains the essential economic concepts needed to understand booms and busts, bulls and bears, and how economics influences every aspect of our lives, whether buying a house or what you ate for breakfast this morning. From Adam Smith's invisible hand to supply and demand, stocks and shares to communism, 50 Economics Ideas You Really Need to Know is a complete introduction to the most important economics concepts in history.
Economic Ideas - A Study Of Historical Perspectives by Ferdinand Zweig Pdf
The history of economic thought, like all other history, needs to be rewritten for every generation—not only because another chapter which has enriched our experience needs to be added to its books, but because the remainder needs to be interpreted anew. Without interpretation history is meaningless. Interpretation means adding spirit and life to the mere collection of facts, taking part in the issues of the period by understanding them and not merely passing sentence on them from the judge’s seat.
Author : Colin Richard Webb Publisher : Colin Richard Webb Page : 86 pages File Size : 41,5 Mb Release : 2008 Category : Business cycles ISBN : 9780955848209
The Economics of Money, Poverty and Wealth and What We Should Do about It - First Ideas Edition by Colin Richard Webb Pdf
Bringing a fresh and original outlook to the problem of poverty in our world, the aim of the author is to explain how by seeing the Economics of Money as a mathematical operation in each transaction, and by seeing money as an ancient tool we need to improve, we can move towards a different approach to economics and the mathematics of money to solve poverty around the world and in the process bring greater wealth to all.
Capitalism without Capital by Jonathan Haskel,Stian Westlake Pdf
Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the larger economic changes of the past decade, including the growth in economic inequality and the stagnation of productivity. Jonathan Haskel and Stian Westlake explore the unusual economic characteristics of intangible investment and discuss how an economy rich in intangibles is fundamentally different from one based on tangibles. Capitalism without Capital concludes by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies.
From the former economics columnist for Harper’s and The New York Times, a bold indictment of some of our most accepted mainstream economic theories—why they’re wrong, and how they’ve been harming America and the world. Ideas have the power to change history. But what happens when they are bad? In a tour de force of economics, history, and analysis, Jeff Madrick shows how theories on austerity, inflation, and efficient markets have become unassailable mantras over recent years, to the detriment of the country as a whole. Working backwards from the Great Recession, Madrick pulls no punches as he reconsiders seven of the greatest false idols of modern economic theory, from Say’s Law to Milton Friedman, illustrating how these ideas have been damaging markets, infrastructure, and individual livelihoods for years. Trenchant, sweeping, and empirical, Seven Bad Ideas resoundingly disrupts the status quo of modern economic theory.
With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.
Limited Offer (Ends Soon) - Get this book for just $2.99 (Regularly priced at $4.99). Read on your PC, Mac, smart phone, tablet or Kindle device. The Economics Guide Book For Basic Understanding of Economics Modern Economics' Ideas You Have to Know What Is Economics All About: Economics is defined as the social science whose purpose is to describe all factors that determine the production, distribution and consumption of certain goods and services. Naturally, not everyone is an expert in economy. However, we live in an age where a degree of economics knowledge is necessary in order to become more productive, or simply to realize what is actually going on in the world, as economics can impact every part of our life. This book will help anybody who wants to know more about economics for any purpose. Browsing online and looking for answers is simply not effective because results are either from sources that aren't reliable, or too complicated for us to understand. Proven Proofs & Staggering Ideas: This book teaches you all about economy, from the history of economic thought to the modern-day economy. Here you will find out how the modern economy is able to deal with scarcity, and you will also learn basic economic terms that you have always heard, but never knew what they meant. Additionally, the special chapter is dedicated to trade. There is more to trade than purchasing a desired object and paying for the service. Smart moves can make trade into a success, or they can break you. The answer to the question of to trade or not to trade will be found in this book. How Is Economy Affecting The World Today: Did you ever wonder if the world's economy is growing or if it's actually slowing down? Read this book to find out what is really going on, and what can governments do to stabilize the economy. If you have ever wondered why there is not enough money anymore. It would be easy just to print more, right? Well, that is unfortunately not possible. This book will help you understand money and you will learn everything about inflation. After all, inflation can lead to financial crisis and recession. You will also get to learn more about recession, what it actually is, what factors cause it, its types, effects, and possible prevention methods. What You're Going to Learn: Explain Definition of Economics The History of Economics How People and Societies deal with Scarcity Utilization of Scarce Resources for Maximum Happiness Trading Wisdoms in Today's Economy The Final Answer - Is Economy Going Into Recession? Much more!
A Beginner's Guide to the World Economy by Randy Charles Epping Pdf
In a time of rapid change in the world economy, this fascinating, concise, and user-friendly primer is the most reliable tool for keeping track of what's happening. What is the new economy? What is globalization? Is the euro the final seal on European Union? How is e-commerce transforming our world beyond economics? What is virtual money, and does it have real value? How do social concerns and societal ills (drugs, poverty, AIDS, endangered natural resources) play a part in the rapidly changing world economy? What are multinationals, and do they signal the end of nationalism? These and many other pertinent issues are addressed in an enlightening and entertaining handbook for those who want to be economically literate (and who doesn't?).
A leading political and business thinker identifies the greatest threat to our economic future: the things we think we know-but don't America is at a crossroads. In the face of global competition and rapid technological change, our economy is about to face its most severe test in nearly a century-one that will make the recent turmoil in the financial system look like a modest setback by comparison. Yet our leaders have failed to prepare us for what lies ahead because they are in the grip of a set of "dead ideas" about how a modern economy should work. They wrongly believe that - Our kids will earn more than we do - Free trade is always good, no matter who gets hurt - Employers should be responsible for health coverage - Taxes hurt the economy - Schools are a local matter - Money follows merit These ways of thinking-dubious at best and often dead wrong-are on a collision course with economic developments that are irre-versible. In The Tyranny of Dead Ideas, Matt Miller offers a unique blend of insights from history, psychology, and economics to illuminate where today's destructive conventional wisdom came from and how it holds our country back. He also introduces us to a new way of thinking-what he calls "tomorrow's destined ideas"-that can reinvigorate our economy, our politics, and our day-to-day lives. These destined ideas may seem counterintuitive now, but they will coalesce in the coming years in ways that will transform America. A strikingly original assessment of our current dilemma and an indispensable guide to our future, Miller's provocative and path-breaking book reveals why it is urgent that we break the tyranny of dead ideas, for it is only by doing so that we can move beyond the limits of today's obsolete debates and reinvent American capitalism and democracy for the twenty-first century.
