Economic Policies Of The New Thinking In Economics

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Economic Policies of the New Thinking in Economics

Philip Arestis,Malcolm Sawyer
Economic Policies of the New Thinking in Economics Book PDF

Author : Philip Arestis,Malcolm Sawyer
Publisher : Routledge
Page : 206 pages
File Size : 50,7 Mb
Release : 2014-10-20
Category : Business & Economics
ISBN : 9781317850489

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Economic Policies of the New Thinking in Economics by Philip Arestis,Malcolm Sawyer Pdf

The financial crisis and the ‘great recession’ have generated the need for new thinking in economics and for new economic policies to secure sustainable and equitable economic development. The new thinking in economics is an interdisciplinary approach to economic problems that acknowledges and respects insights and analyses from other disciplines, and recognizes complexity and evolutionary theory as relevant for understanding economic systems and economic behaviour. New Economics is concerned with institutional behaviour, expectations and uncertainty as opposed to traditional economics with its emphasis on equilibrium, mathematical formalism and deterministic solutions. With the financial crisis brought on by the unrestrained pursuit of personal and corporate profit, sanctioned by traditional economics, this is an opportune moment to establish a new way of approaching economic understanding based on new economic theory. It is also a good time to instigate new ideas on the approach to economic policy across a wide range of areas, such as macroeconomic and global governance, employment and unemployment, social security and pensions. This book is devoted to developing economic policies from the new thinking. It was originally published as a special issue of the International Review of Applied Economics.

Rethinking Capitalism

Michael Jacobs,Mariana Mazzucato
Rethinking Capitalism Book PDF

Author : Michael Jacobs,Mariana Mazzucato
Publisher : John Wiley & Sons
Page : 224 pages
File Size : 46,5 Mb
Release : 2016-07-21
Category : Political Science
ISBN : 9781119311638

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Rethinking Capitalism by Michael Jacobs,Mariana Mazzucato Pdf

"Thought provoking and fresh - this book challenges how we think about economics.” Gillian Tett, Financial Times For further information about recent publicity events and media coverage for Rethinking Capitalism please visit http://marianamazzucato.com/rethinking-capitalism/ Western capitalism is in crisis. For decades investment has been falling, living standards have stagnated or declined, and inequality has risen dramatically. Economic policy has neither reformed the financial system nor restored stable growth. Climate change meanwhile poses increasing risks to future prosperity. In this book some of the world’s leading economists propose new ways of thinking about capitalism. In clear and compelling prose, each chapter shows how today’s deep economic problems reflect the inadequacies of orthodox economic theory and the failure of policies informed by it. The chapters examine a range of contemporary economic issues, including fiscal and monetary policy, financial markets and business behaviour, inequality and privatisation, and innovation and environmental change. The authors set out alternative economic approaches which better explain how capitalism works, why it often doesn’t, and how it can be made more innovative, inclusive and sustainable. Outlining a series of far-reaching policy reforms, Rethinking Capitalism offers a powerful challenge to mainstream economic debate, and new ideas to transform it.

The Economics of Prosperity

Shawn Ritenour
The Economics of Prosperity Book PDF

Author : Shawn Ritenour
Publisher : Edward Elgar Publishing
Page : 245 pages
File Size : 46,9 Mb
Release : 2023-02-14
Category : Business & Economics
ISBN : 9781788117791

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The Economics of Prosperity by Shawn Ritenour Pdf

This book presents a general theory of the economics of prosperity. Drawing upon both historic and contemporary Austrian economic thinking, it looks beyond merely identifying various isolated causes of economic growth and development to describe and explain the process of economic progress. It brings together various economic principles related to production, exchange, the market division of labor, capital, technology, entrepreneurship, and economic calculation, and a further understanding of how different institutional settings and specific policies all affect the process of economic progress. It also provides a helpful critique of modern growth theory.

Thinking Like an Economist

Elizabeth Popp Berman
Thinking Like an Economist Book PDF

Author : Elizabeth Popp Berman
Publisher : Princeton University Press
Page : 344 pages
File Size : 42,9 Mb
Release : 2023-08-08
Category : Business & Economics
ISBN : 9780691248882

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Thinking Like an Economist by Elizabeth Popp Berman Pdf

The story of how economic reasoning came to dominate Washington between the 1960s and 1980s—and why it continues to constrain progressive ambitions today For decades, Democratic politicians have frustrated progressives by tinkering around the margins of policy while shying away from truly ambitious change. What happened to bold political vision on the left, and what shrunk the very horizons of possibility? In Thinking like an Economist, Elizabeth Popp Berman tells the story of how a distinctive way of thinking—an “economic style of reasoning”—became dominant in Washington between the 1960s and the 1980s and how it continues to dramatically narrow debates over public policy today. Introduced by liberal technocrats who hoped to improve government, this way of thinking was grounded in economics but also transformed law and policy. At its core was an economic understanding of efficiency, and its advocates often found themselves allied with Republicans and in conflict with liberal Democrats who argued for rights, equality, and limits on corporate power. By the Carter administration, economic reasoning had spread throughout government policy and laws affecting poverty, healthcare, antitrust, transportation, and the environment. Fearing waste and overspending, liberals reined in their ambitions for decades to come, even as Reagan and his Republican successors argued for economic efficiency only when it helped their own goals. A compelling account that illuminates what brought American politics to its current state, Thinking like an Economist also offers critical lessons for the future. With the political left resurgent today, Democrats seem poised to break with the past—but doing so will require abandoning the shibboleth of economic efficiency and successfully advocating new ways of thinking about policy.

Foundations for New Economic Thinking

S. Dow
Foundations for New Economic Thinking Book PDF

Author : S. Dow
Publisher : Springer
Page : 443 pages
File Size : 51,9 Mb
Release : 2012-04-11
Category : Political Science
ISBN : 9781137000729

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Foundations for New Economic Thinking by S. Dow Pdf

New economic thinking is in demand in the light of the recent economic crisis. This book equips the reader with a better understanding of current ways of thinking as well as an awareness of other possibilities, providing the foundations for debate in theory and methodology alongside practical implications for policy.

New Thinking in Macroeconomics

Jonathan M. Harris,Neva R. Goodwin
New Thinking in Macroeconomics Book PDF

Author : Jonathan M. Harris,Neva R. Goodwin
Publisher : Edward Elgar Publishing
Page : 304 pages
File Size : 54,6 Mb
Release : 2003
Category : Business & Economics
ISBN : STANFORD:36105118022552

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New Thinking in Macroeconomics by Jonathan M. Harris,Neva R. Goodwin Pdf

Presenting new and innovative perspectives on macroeconomics at the national and international level, the editors bring together contributions on a wide range of topics including: social, institutional and environmental perspectives; current issues of globalization; transitional economies; inequity; unemployment; national and international debt; and the relationship of macroeconomic policies to the environment. The contributors draw on expertise in a variety of areas to provide insight into debates on macroeconomic policy in the US and Europe, as well as in developing and transitional economies. instability and crisis in national and global systems; the evolution of macroeconomic institutions to stabilize and guide economic growth; the paradoxes of globalization, the dangers of unrestricted financial flows and the impacts of globalization on national institutional coherence; macro and institutional strategies for the transitional economies of Russia and Eastern Europe; distributional and equity issues, including employment, housing and homelessness; the impact of macroeconomic policy and debt on the environment; and long-term growth and its relationship to well-being and environmental sustainability.

Entrepreneurial Action, Public Policy, and Economic Outcomes

Robert F. Salvino Jr,Michael T. Tasto,Gregory M. Randolph
Entrepreneurial Action Public Policy and Economic Outcomes Book PDF

Author : Robert F. Salvino Jr,Michael T. Tasto,Gregory M. Randolph
Publisher : Edward Elgar Publishing
Page : 199 pages
File Size : 44,9 Mb
Release : 2014-05-30
Category : Business & Economics
ISBN : 9781781005798

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Entrepreneurial Action, Public Policy, and Economic Outcomes by Robert F. Salvino Jr,Michael T. Tasto,Gregory M. Randolph Pdf

Providing a clear summary of the institutions and entrepreneurship research this comprehensive and timely book will be of great interest to anyone involved in public policy. It also offers a practical application for academic research and a rich biblio

New Thinking in Austrian Political Economy

Christopher J. Coyne,Virgil Henry Storr
New Thinking in Austrian Political Economy Book PDF

Author : Christopher J. Coyne,Virgil Henry Storr
Publisher : Emerald Group Publishing
Page : 256 pages
File Size : 51,8 Mb
Release : 2015-08-04
Category : Political Science
ISBN : 9781785601361

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New Thinking in Austrian Political Economy by Christopher J. Coyne,Virgil Henry Storr Pdf

Volume 19 includes research by scholars working within Austrian political economy. The contributors shed incisive light on a range of topics in Austrian economics including: the role of culture in post-disaster recovery, class structure, decentralized political orders, drones, institutional change, macroeconomics, and superstition and norms.

Doughnut Economics

Kate Raworth
Doughnut Economics Book PDF

Author : Kate Raworth
Publisher : Chelsea Green Publishing
Page : 322 pages
File Size : 53,6 Mb
Release : 2018-03-08
Category : Business & Economics
ISBN : 9781603587969

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Doughnut Economics by Kate Raworth Pdf

Economics is the mother tongue of public policy. It dominates our decision-making for the future, guides multi-billion-dollar investments, and shapes our responses to climate change, inequality, and other environmental and social challenges that define our times. Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike. That’s why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the 21st century. In Doughnut Economics, she sets out seven key ways to fundamentally reframe our understanding of what economics is and does. Along the way, she points out how we can break our addiction to growth; redesign money, finance, and business to be in service to people; and create economies that are regenerative and distributive by design. Named after the now-iconic “doughnut” image that Raworth first drew to depict a sweet spot of human prosperity (an image that appealed to the Occupy Movement, the United Nations, eco-activists, and business leaders alike), Doughnut Economics offers a radically new compass for guiding global development, government policy, and corporate strategy, and sets new standards for what economic success looks like. Raworth handpicks the best emergent ideas—from ecological, behavioral, feminist, and institutional economics to complexity thinking and Earth-systems science—to address this question: How can we turn economies that need to grow, whether or not they make us thrive, into economies that make us thrive, whether or not they grow? Simple, playful, and eloquent, Doughnut Economics offers game-changing analysis and inspiration for a new generation of economic thinkers.

Perestroika and the Economy

Anthony Jones,William Moskoff
Perestroika and the Economy Book PDF

Author : Anthony Jones,William Moskoff
Publisher : M.E. Sharpe
Page : 310 pages
File Size : 54,8 Mb
Release : 1989
Category : Business & Economics
ISBN : 0873325699

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Perestroika and the Economy by Anthony Jones,William Moskoff Pdf

Translation from Russian. Includes bibliographical references.

Value Economics

M. R. Griffiths,J. R. Lucas
Value Economics Book PDF

Author : M. R. Griffiths,J. R. Lucas
Publisher : Springer
Page : 289 pages
File Size : 47,9 Mb
Release : 2016-11-15
Category : Political Science
ISBN : 9781137541871

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Value Economics by M. R. Griffiths,J. R. Lucas Pdf

The last financial crisis revealed a gap between business practice and ethics. In Value Economics, Griffiths and Lucas examine some of the reasons for this ethical gap and discuss the resulting loss of confidence in the financial system. One of the reasons has been hazy or inadequate thinking about how we value economic enterprises. With the close link between the creation of value and business ethics in mind, this book proposes that economic value should become the basic metric for evaluating performance in the creation of value, and for establishing fair and reasonable standards for executive compensation. Value Economics considers a number of rational philosophical principles for business management, on which practical codes of business ethics can be based. As the creation of value has moral implications for economic justice, the book reaffirms the argument for economics as a moral science, and seeks, within the context of proposed changes in the regulation and control of financial services, to answer the following question: will things really change after the last financial crisis?

Politics as a Peculiar Business

Richard E. Wagner
Politics as a Peculiar Business Book PDF

Author : Richard E. Wagner
Publisher : Edward Elgar Publishing
Page : 256 pages
File Size : 54,5 Mb
Release : 2016-02-26
Category : Business & Economics
ISBN : 9781785365485

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Politics as a Peculiar Business by Richard E. Wagner Pdf

Economists typically treat government as something outside the business realm, a sort of “Lord of the Manor”. Richard Wagner argues that this is the wrong approach and can ultimately be destructive to capitalism and to society. Modern governments are a peculiar form of business enterprise. They face the same problems as regular businesses, such as ascertaining demand and organizing production, and act within the system in a way that can lead to a parasitical relationship with the market. Largely rooted in political economy, this book develops new theoretical ideas and formulations to explain why democracy is a difficult form of government to maintain. The author explores how and why limited governments can morph into a system of destructive politics, and looks at ways to escape this process. This dynamic book will be useful for public choice scholars, economists, political scientists, and lawyers who are interested in political economy in its various guises.

Thinking like an Economist

Elizabeth Popp Berman
Thinking like an Economist Book PDF

Author : Elizabeth Popp Berman
Publisher : Princeton University Press
Page : 344 pages
File Size : 42,9 Mb
Release : 2022-04-05
Category : Social Science
ISBN : 9780691226606

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Thinking like an Economist by Elizabeth Popp Berman Pdf

The story of how economic reasoning came to dominate Washington between the 1960s and 1980s—and why it continues to constrain progressive ambitions today For decades, Democratic politicians have frustrated progressives by tinkering around the margins of policy while shying away from truly ambitious change. What happened to bold political vision on the left, and what shrunk the very horizons of possibility? In Thinking like an Economist, Elizabeth Popp Berman tells the story of how a distinctive way of thinking—an “economic style of reasoning”—became dominant in Washington between the 1960s and the 1980s and how it continues to dramatically narrow debates over public policy today. Introduced by liberal technocrats who hoped to improve government, this way of thinking was grounded in economics but also transformed law and policy. At its core was an economic understanding of efficiency, and its advocates often found themselves allied with Republicans and in conflict with liberal Democrats who argued for rights, equality, and limits on corporate power. By the Carter administration, economic reasoning had spread throughout government policy and laws affecting poverty, healthcare, antitrust, transportation, and the environment. Fearing waste and overspending, liberals reined in their ambitions for decades to come, even as Reagan and his Republican successors argued for economic efficiency only when it helped their own goals. A compelling account that illuminates what brought American politics to its current state, Thinking like an Economist also offers critical lessons for the future. With the political left resurgent today, Democrats seem poised to break with the past—but doing so will require abandoning the shibboleth of economic efficiency and successfully advocating new ways of thinking about policy.

Economic Policy for the Thinking Man

Costantino Bresciani-Turroni
Economic Policy for the Thinking Man Book PDF

Author : Costantino Bresciani-Turroni
Publisher : Unknown
Page : 324 pages
File Size : 47,7 Mb
Release : 1950
Category : Economic policy
ISBN : UCAL:B3257025

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Economic Policy for the Thinking Man by Costantino Bresciani-Turroni Pdf

Translated by Edward Fitzgerald from ... the original Italian entitled Introduzione alla politica economica.

Thinking the Twenty‐First Century

Malcolm McIntosh
Thinking the Twenty First Century Book PDF

Author : Malcolm McIntosh
Publisher : Routledge
Page : 153 pages
File Size : 53,9 Mb
Release : 2017-09-08
Category : Business & Economics
ISBN : 9781351286107

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Thinking the Twenty‐First Century by Malcolm McIntosh Pdf

In a sophisticated and far-reaching blend of theory and reflection, Thinking the Twenty-First Century takes a provocative look at the changes required to build a new global political economy. McIntosh charts five system changes essential to this transition: globality and Earth awareness; the rebalancing of science and awe; peacefulness and the feminization of decision-making; the re-organization of our institutions; and, evolution, adaptation and learning. That they are all connected should be obvious, but that they are written about together is less common.McIntosh argues that these five changes are already under way and need to be accelerated. Combining science, philosophy, politics and economics, Thinking the Twenty-First Century questions our current model of capitalism and calls for a much-needed new order. This forceful call to action advocates a balanced political economy with trandisciplinarity, connectivity, accountability and transparency at its centre, as an alternative to a world built on the failing system of neoliberal economics.From one of the pioneers of the global corporate sustainability and social responsibility movement, this unique book combines analysis, diary and reflection to present a radical way forward for the twenty-first century.