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Author : Israel M. Kirzner
Publisher : Ludwig von Mises Institute
Page : 252 pages
File Size : 55,5 Mb
Release : 1960
Category : Economics
ISBN : 9781610162821
Author : Israel M. Kirzner
Publisher : Ludwig von Mises Institute
Page : 252 pages
File Size : 41,7 Mb
Release : 1960
Category : Economics
ISBN : 9781610162821
Author : Israel Mayer Kirzner
Publisher : Unknown
Page : 228 pages
File Size : 48,8 Mb
Release : 1967
Category : Economics
ISBN : OCLC:959390545
Author : Lall Ramrattan,Michael Szenberg
Publisher : Edward Elgar Publishing
Page : 289 pages
File Size : 40,9 Mb
Release : 2021-03-26
Category : Business & Economics
ISBN : 9781839107733
Examining the fundamental thinking underpinning the foundation for economic studies of happiness, this book explores the theories of key economists and philosophers from the Greek philosophers to more modern schools of thought. Lall Ramrattan and Michael Szenberg explore the general measures of happiness, utility as a method, metrical measures of happiness, happiness in literature and the scope of happiness in this concise book.
Author : Wei Wei,Wuxiang Zhu,Guiping Lin
Publisher : Springer Science & Business Media
Page : 150 pages
File Size : 47,8 Mb
Release : 2012-08-09
Category : Business & Economics
ISBN : 9783642310232
Approaching Business Models from an Economic Perspective examines business model logic and explores the model from different aspects including definition, design, functionality, elements, and self-sustaining logic. It explains the essence and core elements of a business model and unlocks its mysteries, helping transform business model practices into an expedient set of theories that in turn facilitate application in real scenarios. The book explores the logic behind the six major elements and enables entrepreneurs to study and implement business model theory and make decisions confidently based on a compelling logic. Moreover, it demonstrates through an array of convincing examples that a transaction structure and its six elements follow the principles of increasing transaction value, reducing transaction costs, and mitigating transaction risks.
Author : Thomas G. Rawski,Lillian M. Li
Publisher : Univ of California Press
Page : 382 pages
File Size : 50,9 Mb
Release : 2024-07-26
Category : History
ISBN : 9780520414044
This volume marks a turning point in the study of Chinese economic history. It arose from a realization that the economic history of China—as opposed to the history of the Chinese economy—had yet to be written. Most histories of the Chinese economy, whether by Western or Chinese scholars, tend to view the economy in institutional or social terms. In contrast, the studies in this volume break new ground by systematically applying economic theory and methods to the study of China. While demonstrating to historians the advantages of an economic perspective, the contributors, comprising both historians and economists, offer important new insights concerning issues of long-standing interest to both disciplines. Part One, on price behavior, presents for the first time preliminary analyses of the incomparably rich and important grain price data from the imperial archives in Beijing and Taibei during the Qing Dynasty (1644–1911). These studies reveal long-term trends in the Chinese economy since the seventeenth century and contain surprising discoveries about market integration, the agricultural economy, and demographic behavior in different regions of China. The essays in Part Two, on market response, deal with different aspects of the economy of Republican China (1912–49), showing that markets for land, labor, and capital sometimes functioned as predicted by models of economic "rationality" but at other times behaved in ways that can be explained only by combining economic analysis with knowledge of political, regional, class, and gender differences. Based on new types of data, they suggest novel interpretations of the Chinese economic experience. The resulting collection is interdisciplinary scholarship of a high order, which weaves together the analytic framework provided by economic theory and the rich texture of social phenomena gathered by accomplished historians. This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1992.
Author : Israel M. Kirzner
Publisher : Unknown
Page : 228 pages
File Size : 45,5 Mb
Release : 2007
Category : Electronic
ISBN : 1610160649
Israel Kirzner is an outstanding student of Mises's, and here is his sweeping defense of the Misesian definition of the scope and meaning of economic science. He compares the Misesian view of human action with the neoclassical and classical school, and contrasts their views on rationality, human choice, scarcity, and scientific method. The book came out in 1960, before Rothbard's treatise and before the growth of the Austrian movement. It therefore exercised an important influence on the rising generation. Its contribution is to place the Misesian perspective within the context of the history of thought, demonstrating its unique contribution.
Author : Panagiotis E. Petrakis
Publisher : Springer Nature
Page : 561 pages
File Size : 52,9 Mb
Release : 2020-10-27
Category : Business & Economics
ISBN : 9783030500689
This book provides the theoretical and analytical background critical to understand the process of economic development and growth at the beginning of the 21st century. This book adopts an interdisciplinary approach, using concepts borrowed from related disciplines such as politics, anthropology, psychology, business, and more. The core theme of this book is the argument that different theoretical approaches constitute excellent creative contributions, the study of which is necessary for a complete understanding of development and growth. Thus, this book stands out for its theoretical pluralistic character. The first part of the book provides an introduction to essential methodology terms for the theory of economic development and growth, while the second part outlines important concepts of economic behavior. Part three focuses on the sources of economic growth and their evolution throughout history, and pays special attention to the main theories related to economic growth as well as to the growth and development implications of Covid-19. The book ends with an analysis of international financial architecture and the consolidated financial transaction framework.
Author : Juan Flores Zendejas,Norbert Gaillard,Rick J. Michalek
Publisher : Routledge
Page : 167 pages
File Size : 40,5 Mb
Release : 2021-12-30
Category : Business & Economics
ISBN : 9781000515022
Moral Hazard is a core concept in economics. In a nutshell, moral hazard reflects the reduced incentive to protect against risk where an entity is (or believes it will be) protected from its consequences, whether through an insurance arrangement or an implicit or explicit guarantee system. It is fundamentally driven by information asymmetry, arises in all sectors of the economy, including banking, medical insurance, financial insurance, and governmental support, undermines the stability of our economic systems and has burdened taxpayers in all developed countries, resulting in significant costs to the community. Despite the seriousness and pervasiveness of moral hazard, policymakers and scholars have failed to address this issue. This book fills this gap. It covers 200 years of moral hazard: from its origins in the 19th century to the bailouts announced in the aftermath of the COVID-19 outbreak. The book is divided into three parts. Part I deals with the ethics and other fundamental issues connected to moral hazard. Part II provides historical and empirical evidence on moral hazard in international finance. It examines in turn the role of the export credit industry, the international lender of last resort, and the IMF. Finally, Part III examines specific sectors such as automobile, banking, and the US industry at large. This is the first book to provide an interdisciplinary analysis of moral hazard and explain why addressing this issue has become crucial today. As such, it will attract interest from scholars across different fields, including economists, political scientists and lawyers.
Author : E. K. Hunt
Publisher : M.E. Sharpe
Page : 610 pages
File Size : 41,8 Mb
Release : 2015-05-18
Category : Business & Economics
ISBN : 9780765630742
The new edition of this classroom classic retains the organizing theme of the original text, presenting the development of thought within the context of economic history. Economic ideas are framed in terms of the spheres of production and circulation, with a critical analysis of how past theorists presented their ideas.
Author : Esteban F. Thomsen
Publisher : Psychology Press
Page : 150 pages
File Size : 47,6 Mb
Release : 1992
Category : Business & Economics
ISBN : 0415068657
The growth in interest in the economics of information has led to a greater stress on the informational role of prices. Instead of the conventional neo-classical view of prices as straightforward indicators of scarcity, information economics emphasizes that prices can be sources from which agents infer information and means by which they communicate information. Prices and Knowledge analyses different theoretical approaches to the role of prices in situations of imperfect information. Whilst the 'informational efficiency' approach of Grossman and Stiglitz and the 'bounded rationality' theory of Simon is shown to be useful, neither goes far enough in considering situations of disequilibrium. This book, in contrast, adopts a market-process perspective, viewing market activity as a continuing process of change rather than as a fully adjusted state. The informational role of prices is paramount in this context because agents are acting in conditions of uncertainty or ignorance. Disequilibrium prices can, in fact, turn out to be sources of profit opportunities that stimulate entrepreneurial discovery and the exploitation of previously unnoticed opportunities.
Author : Murray Newton Rothbard
Publisher : Ludwig von Mises Institute
Page : 1120 pages
File Size : 49,5 Mb
Release : 2024-06-16
Category : Austrian school of economics
ISBN : 9781610164771
Author : Marianne A. Ferber,Julie A. Nelson
Publisher : University of Chicago Press
Page : 186 pages
File Size : 43,5 Mb
Release : 2009-04-01
Category : Business & Economics
ISBN : 9780226242088
This is the first book to examine the central tenets of economics from a feminist point of view. In these original essays, the authors suggest that the discipline of economics could be improved by freeing itself from masculine biases. Beyond Economic Man raises questions about the discipline not because economics is too objective but because it is not objective enough. The contributors—nine economists, a sociologist, and a philosopher—discuss the extent to which gender has influenced both the range of subjects economists have studied and the way in which scholars have conducted their studies. They investigate, for example, how masculine concerns underlie economists' concentration on market as opposed to household activities and their emphasis on individual choice to the exclusion of social constraints on choice. This focus on masculine interests, the contributors contend, has biased the definition and boundaries of the discipline, its central assumptions, and its preferred rhetoric and methods. However, the aim of this book is not to reject current economic practices, but to broaden them, permitting a fuller understanding of economic phenomena. These essays examine current economic practices in the light of a feminist understanding of gender differences as socially constructed rather than based on essential male and female characteristics. The authors use this concept of gender, along with feminist readings of rhetoric and the history of science, as well as postmodernist theory and personal experience as economists, to analyze the boundaries, assumptions, and methods of neoclassical, socialist, and institutionalist economics. The contributors are Rebecca M. Blank, Paula England, Marianne A. Ferber, Nancy Folbre, Ann L. Jennings, Helen E. Longino, Donald N. McCloskey, Julie A. Nelson, Robert M. Solow, Diana Strassmann, and Rhonda M. Williams.
Author : John Neville Keynes
Publisher : Unknown
Page : 392 pages
File Size : 44,5 Mb
Release : 1891
Category : Economics
ISBN : HARVARD:32044081876187
Author : Fu-Lai Tony Yu
Publisher : Springer Science & Business Media
Page : 189 pages
File Size : 42,6 Mb
Release : 2011-04-27
Category : Science
ISBN : 9789086867165
This book is the first of its kind to use Austrian subjectivism to analyze issues in economic development. Unlike scholars in mainstream neoclassical economics who explain economic development by quantitative growth models, this book attempts to understand economic progress in human agency perspective. In this approach, human agency is placed at the centre of economic analysis. This book begins with a review of the theories of economic development in the history of Austrian economics, with the intention of extending the contributions of major Austrian economists to development economics. After pointing out the weaknesses in the orthodox neoclassical approach to economic growth, the book then puts forward a subjectivist methodology which integrates the contributions of Max Weber, Alfred Schutz and Austrian Economists to interpret economic phenomena and policies. This chapter also serves as a methodological foundation for arguments elaborated in subsequent chapters. The rest of the book discusses important issues in economic development, namely, entrepreneurial process, national capabilities, innovation, trade, government, transition and catching up strategies for firms in latecomer economies. The book ends with concluding remarks and a proposal for a new research agenda in economic development. This book is well written, free from mathematics and is highly readable. It adds new insights not only in economics, but also in management, politics and social sciences. It will be useful to scholars, policy makers and students in economic development, entrepreneurship, theory of the firm, management of innovation, government policy, economic sociology, Austrian and evolutionary economics.
