Guiding The Invisible Hand

Author : Mittermaier, Karl
Publisher : Bristol University Press
Page : 278 pages
File Size : 49,7 Mb
Release : 2020-07-22
Category : Business & Economics
ISBN : 9781529209099

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The Hand Behind the Invisible Hand by Mittermaier, Karl Pdf

Available Open Access under CC-BY-NC-ND Made famous by the Enlightenment thinker Adam Smith, the concept of an ‘invisible hand’ might be taken to imply that a government that governs least governs the best, from the viewpoint of society. Here an invisible hand appears to represent unfettered market forces. Drawing from this much-contested notion, Mittermaier indicates why such a view represents only one side of the story and distinguishes between what he calls pragmatic and dogmatic free marketeers. Published posthumously, with new contributions by Daniel Klein, Rod O’Donnell and Christopher Torr, this book outlines Mittermaier’s main thesis and his relevance for ongoing debates within economics, politics, sociology and philosophy.

Author : M. T. Anderson
Publisher : Candlewick Press
Page : 160 pages
File Size : 46,5 Mb
Release : 2017-09-12
Category : Young Adult Fiction
ISBN : 9780763697235

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Landscape with Invisible Hand by M. T. Anderson Pdf

National Book Award winner M. T. Anderson returns to future Earth in a sharply wrought satire of art and truth in the midst of colonization. When the vuvv first landed, it came as a surprise to aspiring artist Adam and the rest of planet Earth — but not necessarily an unwelcome one. Can it really be called an invasion when the vuvv generously offered free advanced technology and cures for every illness imaginable? As it turns out, yes. With his parents’ jobs replaced by alien tech and no money for food, clean water, or the vuvv’s miraculous medicine, Adam and his girlfriend, Chloe, have to get creative to survive. And since the vuvv crave anything they deem classic Earth culture (doo-wop music, still life paintings of fruit, true love), recording 1950s-style dates for the vuvv to watch in a pay-per-minute format seems like a brilliant idea. But it’s hard for Adam and Chloe to sell true love when they hate each other more with every passing episode. Soon enough, Adam must decide how far he’s willing to go — and what he’s willing to sacrifice — to give the vuvv what they want.

Author : Robin Paul Malloy
Publisher : Cambridge University Press
Page : 205 pages
File Size : 49,9 Mb
Release : 2021-11-18
Category : Business & Economics
ISBN : 9781108836630

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Law and the Invisible Hand by Robin Paul Malloy Pdf

Introduction : law's invisible hands -- Setting the stage -- Social organization in the informal realm -- Social organization in the formal realm -- Integrating the informal and formal in Smith's theory -- The spectator view -- Judgment and justice -- The sentiment of common interest -- The impartial spectator, homo-economicus, and homo-identitas -- Understanding the four stages of progress -- Adam Smith in American law -- Parting thoughts.

Author : Kaushik Basu
Publisher : Princeton University Press
Page : 292 pages
File Size : 55,9 Mb
Release : 2010-10-25
Category : Business & Economics
ISBN : 9781400836277

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Beyond the Invisible Hand by Kaushik Basu Pdf

Why economics needs to focus on fairness and not just efficiency One of the central tenets of mainstream economics is Adam Smith's proposition that, given certain conditions, self-interested behavior by individuals leads them to the social good, almost as if orchestrated by an invisible hand. This deep insight has, over the past two centuries, been taken out of context, contorted, and used as the cornerstone of free-market orthodoxy. In Beyond the Invisible Hand, Kaushik Basu argues that mainstream economics and its conservative popularizers have misrepresented Smith's insight and hampered our understanding of how economies function, why some economies fail and some succeed, and what the nature and role of state intervention might be. Comparing this view of the invisible hand with the vision described by Kafka—in which individuals pursuing their atomistic interests, devoid of moral compunction, end up creating a world that is mean and miserable—Basu argues for collective action and the need to shift our focus from the efficient society to one that is also fair. Using analytic tools from mainstream economics, the book challenges some of the precepts and propositions of mainstream economics. It maintains that, by ignoring the role of culture and custom, traditional economics promotes the view that the current system is the only viable one, thereby serving the interests of those who do well by this system. Beyond the Invisible Hand challenges readers to fundamentally rethink the assumptions underlying modern economic thought and proves that a more equitable society is both possible and sustainable, and hence worth striving for. By scrutinizing Adam Smith's theory, this impassioned critique of contemporary mainstream economics debunks traditional beliefs regarding best economic practices, self-interest, and the social good.

Author : Adam Smith
Publisher : Penguin UK
Page : 102 pages
File Size : 44,8 Mb
Release : 2008-08-07
Category : Business & Economics
ISBN : 9780141963358

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The Invisible Hand by Adam Smith Pdf

Adam Smith’s landmark treatise on the free market paved the way for modern capitalism, arguing that competition is the engine of a productive society, and that self-interest will eventually come to enrich the whole community, as if by an ‘invisible hand’. Throughout history, some books have changed the world. They have transformed the way we see ourselves – and each other. They have inspired debate, dissent, war and revolution. They have enlightened, outraged, provoked and comforted. They have enriched lives – and destroyed them. Now Penguin brings you the works of the great thinkers, pioneers, radicals and visionaries whose ideas shook civilization and helped make us who we are.

Author : Adam Smith
Publisher : Unknown
Page : 522 pages
File Size : 51,5 Mb
Release : 1822
Category : Economics
ISBN : UCAL:$B87540

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An Inquiry Into the Nature and Causes of the Wealth of Nations by Adam Smith Pdf

Author : Adam Smith (économiste)
Publisher : Unknown
Page : 636 pages
File Size : 51,6 Mb
Release : 1812
Category : Electronic
ISBN : BCUL:1092833964

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The Theory of Moral Sentiments by Adam Smith (économiste) Pdf

Author : N. Emrah Aydinonat
Publisher : Routledge
Page : 272 pages
File Size : 50,7 Mb
Release : 2008-02-19
Category : Business & Economics
ISBN : 9781134114276

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The Invisible Hand in Economics by N. Emrah Aydinonat Pdf

This is a book about one of the most controversial concepts in economics: the invisible hand. The author explores the unintended social consequences implied by the invisible hand and discusses the mechanisms that bring about these consequences. The book questions, examines and explicates the strengths and weaknesses of invisible-hand explanations concerning the emergence of institutions and macro-social structures, from a methodological and philosophical perspective. Aydinonat analyses paradigmatic examples of invisible-hand explanations such as Carl Menger’s ‘Origin of Money’ and Thomas Schelling’s famous checkerboard model of residential segregation in relation to contemporary models of emergence of money and segregation. Based on this analysis, he provides a fresh look at the philosophical literature on models and explanation and develops a philosophical framework for interpreting invisible-hand type of explanations in economics and elsewhere. Finally, the author applies this framework to recent game theoretic models of institutions and outlines the way in which they should be evaluated.

Author : Steven D. Lydenberg
Publisher : Berrett-Koehler Publishers
Page : 212 pages
File Size : 45,9 Mb
Release : 2005
Category : Corporations
ISBN : 1609942027

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Corporations and the Public Interest by Steven D. Lydenberg Pdf

Author : Joseph Love,Nils Jacobsen
Publisher : Praeger
Page : 248 pages
File Size : 45,5 Mb
Release : 1988-09-26
Category : Business & Economics
ISBN : STANFORD:36105040910445

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Guiding the Invisible Hand by Joseph Love,Nils Jacobsen Pdf

This unprecedented collection combines economic, political, and intellectual history in its analysis of economic liberalism in Latin America. The volume demonstrates the unique and varied features of Latin American liberalism from its formative period up to 1940 and discusses its relation to state formation. The essays range from a continent-wide comparison to an in-depth local study, from tariff and industrialization policies of central states to the selective liberal convictions of traditional estate owners. The contributors consider the social bases of economic liberalism in the region and their relation to imperialism and to economic dependency. Questions of the strength and the staying power of economic liberalism are considered. In addition, the late appearance of serious alternative policies are treated.

Author : Ayad Akhtar
Publisher : Back Bay Books
Page : 144 pages
File Size : 40,8 Mb
Release : 2015-08-25
Category : Fiction
ISBN : 9780316324502

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The Invisible Hand by Ayad Akhtar Pdf

A chilling examination of how far we will go to survive and the consequences of the choices we make. In remote Pakistan, Nick Bright awaits his fate. A successful financial trader, Nick is kidnapped by an Islamic militant group, but with no one negotiating his release, he agrees to an unusual plan. He will earn his own ransom by helping his captors manipulate and master the world commodities and currency markets. "[A] tense, provocative thriller about the unholy nexus of international terrorism and big bucks...." (Seattle Times). "Ahktar again turns hypersensitive subjects into thought-provoking and thoughtful drama" (Newsday). "The prime theme is pulsing and alive: when human lives become just one more commodity to be traded, blood eventually flows in the streets" (Financial Times). "Whip-smart and twisty" (Time Out New York), "The Invisible Hand offers genuine insight into the future of the West" (Village Voice).

Author : Adam Smith
Publisher : W. W. Norton & Company
Page : 352 pages
File Size : 43,5 Mb
Release : 1987-03-17
Category : Business & Economics
ISBN : 9780393242607

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The Essential Adam Smith by Adam Smith Pdf

Few writings are more often cited as a cornerstone of modern economic thought than those of Adam Smith. Few are less read. The sheer strength of his great work, The Wealth of Nations, discourages many from attempting to explore its rich and lucid arguments. In this brilliantly crafted volume, one of the most eminent economists of our day provides a generous selection from the entire body of Smith's work, ranging from his fascinating psychological observations on human nature to his famous treatise on what Smith called a "society of natural liberty," The Wealth of Nations. Among the works represented in this volume in addition to The Wealth of Nations are The History of Astronomy, Lectures on Jurisprudence, The Theory of Moral Sentiments, and Smith's correspondence with David Hume. Before each of Smith's writings Robert Heilbroner presents a clear and lively discussion that will interest the scholar as much as it will clarify the work for the non-specialist. Adam Smith emerges from this collection of his writings, as he does from his portrait in Professor Heilbroner's well-known book, as the first economist to deserve the title of "worldly philosopher."

Author : Corinne
Publisher : McSweeney's
Page : 393 pages
File Size : 45,7 Mb
Release : 2014-05-06
Category : Political Science
ISBN : 9781940450353

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Invisible Hands by Corinne Pdf

The men and women in Invisible Hands reveal the human rights abuses occurring behind the scenes of the global economy. These narrators — including phone manufacturers in China, copper miners in Zambia, garment workers in Bangladesh, and farmers around the world — reveal the secret history of the things we buy, including lives and communities devastated by low wages, environmental degradation, and political repression. Sweeping in scope and rich in detail, these stories capture the interconnectivity of all people struggling to support themselves and their families. Narrators include Kalpona, a leading Bangladeshi labor organizer who led her first strike at 15; Han, who, as a teenager, began assembling circuit boards for an international electronics company based in Seoul; Albert, a copper miner in Zambia who, during a wage protest, was shot by representatives of the Chinese-owned mining company that he worked for; and Sanjay, who grew up in the shadow of the Bhopal chemical disaster, one of the worst industrial accidents in history.

Author : Jonathan Sheehan,Dror Wahrman
Publisher : University of Chicago Press
Page : 394 pages
File Size : 55,9 Mb
Release : 2022-12-06
Category : History
ISBN : 9780226824048

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Invisible Hands by Jonathan Sheehan,Dror Wahrman Pdf

A synthesis of eighteenth-century intellectual and cultural developments that offers an original explanation of how Enlightenment thought grappled with the problem of divine agency. Why is the world orderly, and how does this order come to be? Human beings inhabit a multitude of apparently ordered systems—natural, social, political, economic, cognitive, and others—whose origins and purposes are often obscure. In the eighteenth century, older certainties about such orders, rooted in either divine providence or the mechanical operations of nature, began to fall away. In their place arose a new appreciation for the complexity of things, a new recognition of the world’s disorder and randomness, new doubts about simple relations of cause and effect—but with them also a new ability to imagine the world’s orders, whether natural or manmade, as self-organizing. If large systems are left to their own devices, eighteenth-century Europeans increasingly came to believe, order will emerge on its own without any need for external design or direction. In Invisible Hands, Jonathan Sheehan and Dror Wahrman trace the many appearances of the language of self-organization in the eighteenth-century West. Across an array of domains, including religion, society, philosophy, science, politics, economy, and law, they show how and why this way of thinking came into the public view, then grew in prominence and arrived at the threshold of the nineteenth century in versatile, multifarious, and often surprising forms. Offering a new synthesis of intellectual and cultural developments, Invisible Hands is a landmark contribution to the history of the Enlightenment and eighteenth-century culture.

Author : Adam Smith
Publisher : Unknown
Page : 448 pages
File Size : 49,8 Mb
Release : 1761
Category : Ethics
ISBN : BSB:BSB10927003

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The Theory of Moral Sentiments by Adam Smith Pdf