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Author : Ronald Harry Coase
Publisher : American Enterprise Institute Press
Page : 38 pages
File Size : 53,8 Mb
Release : 1982
Category : Business & Economics
ISBN : STANFORD:36105044588056
Author : James M. Buchanan
Publisher : Indianapolis : Liberty Press
Page : 300 pages
File Size : 46,9 Mb
Release : 1979
Category : Business & Economics
ISBN : UOM:49015001370106
This volume is a collection of sixteen essays on three general topics: the methodology of economics, the applicability of economic reasoning to political science and other social sciences, and the relevance of economics as moral philosophy. Several essays are published here for the first time, including "Professor Alchian on Economic Method," "Natural and Artifactual Man," and "Public Choice and Ideology." This book provides relatively easy access to a wide range of work by a moral and legal philosopher, a welfare economist who has consistently defended the primacy of the contractarian ethic, a public finance theorist, and a founder of the burgeoning subdiscipline of public choice. Buchanan's work has spawned a methodological revolution in the way economists and other scholars think about government and government activity. As a measure of recognition for his significant contribution, Dr. Buchanan was awarded the 1986 Nobel Prize in Economics.
Author : R. H. Coase
Publisher : University of Chicago Press
Page : 260 pages
File Size : 51,8 Mb
Release : 2012-11-16
Category : Business & Economics
ISBN : 9780226051345
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 : James M. Buchanan
Publisher : Indianapolis : Liberty Press
Page : 304 pages
File Size : 50,5 Mb
Release : 1979
Category : Business & Economics
ISBN : STANFORD:36105039020107
This volume is a collection of sixteen essays on three general topics: the methodology of economics, the applicability of economic reasoning to political science and other social sciences, and the relevance of economics as moral philosophy. Several essays are published here for the first time, including "Professor Alchian on Economic Method," "Natural and Artifactual Man," and "Public Choice and Ideology." This book provides relatively easy access to a wide range of work by a moral and legal philosopher, a welfare economist who has consistently defended the primacy of the contractarian ethic, a public finance theorist, and a founder of the burgeoning subdiscipline of public choice. Buchanan's work has spawned a methodological revolution in the way economists and other scholars think about government and government activity. As a measure of recognition for his significant contribution, Dr. Buchanan was awarded the 1986 Nobel Prize in Economics.
Author : Milton Friedman,Rose Friedman
Publisher : HarperCollins
Page : 368 pages
File Size : 44,5 Mb
Release : 1990-11-26
Category : Business & Economics
ISBN : 9780547539751
INTERNATIONAL BESTSELLER A powerful and persuasive discussion about economics, freedom, and the relationship between the two, from today's brightest economist. In this classic discussion, Milton and Rose Friedman explain how our freedom has been eroded and our affluence undermined through the explosion of laws, regulations, agencies, and spending in Washington. This important analysis reveals what has gone wrong in America in the past and what is necessary for our economic health to flourish.
Author : Richard Stroup,A. H. Studenmund,James D Gwartney
Publisher : Academic Press
Page : 455 pages
File Size : 43,7 Mb
Release : 2014-05-10
Category : Business & Economics
ISBN : 9781483264349
Coursebook for Economics: Private and Public Choice contains questions and problems dealing with market decisions, market process, taxes, government spending. The book is designed to help students using the textbook "Economics: Private and Public Choice, Second Edition." The text also provides a section on "Problems and Projects" which emphasizes mechanics and economic reasoning with case-study type problems, report preparation, or economic data presentation for hypothesis development. The book also provides "complex application"-type problems which can be solved by the student's utilization of economic principles to realistic situations. The text showcases selected articles in the section "Perspectives in Economics" to expand on important concepts, to explain historical viewpoints, as well as to offer original ideas of current influential economists. Among the articles are: "How Government Profits from Inflation;" "The Awful Year Inflation Ran Wild;" "How the Federal Reserve Decides How Much Money to Put into the Economy;" and "The Roller-Coaster Income Tax." The book is suitable for students of economics and business, sociologists, general readers interested in real-world economics, and policy makers involved in national economic development.
Author : George P. Shultz,Milton Friedman
Publisher : Unknown
Page : 128 pages
File Size : 40,6 Mb
Release : 2020
Category : Economic policy
ISBN : 0817923489
George P. Shultz and John B. Taylor draw from their several decades of experience at the forefront of national economic policy making to show how letting the market work on its own, without government intervention, is a recipe for success. Choose Economic Freedom reconstructs debates from the 1960s and 1970s about the use of wage and price controls as a tool of policy, showing how brilliant economists can hold diametrically opposed views about the wisdom of using government intervention to spur the economy. The words of iconic economist Milton Friedman--whose "free to choose" ethos inspired the free-market revolution of the Reagan era--along with lessons Shultz and Taylor learned from the front lines, demonstrate that tried-and-true economic policy works.
Author : James M. Buchanan
Publisher : Unknown
Page : 96 pages
File Size : 45,6 Mb
Release : 1999
Category : Business & Economics
ISBN : 0865972230
While relatively short, Cost and Choice, according to Hartmut Kliemt in the foreword, "holds quite a central place in Buchanan's work. For the fundamental economic notion of 'cost', or 'opportunity cost', is intimately related to the individualist and subjectivist perspective that is so essential to the Buchanan enterprise." To be sure, the Austrian school of economists enunciated similar views of cost decades before Buchanan, but Buchanan advances his theories by attempting to integrate his views into the orthodox classical and neoclassical framework. When he published the book in 1969, Buchanan hoped that other scholars would follow him in researching the opportunity-cost concept and its applications. Unlike the theater of public policy, where Buchanan's work is widely celebrated and influential, his important work on the issue of cost and choice, so clearly explicated in this volume, has done little to move the mainstream of economic thinking in the thirty years since its original publication. It is hoped that this new edition of Buchanan's seminal work will place Buchanan's groundbreaking ideas in wider circulation. Buchanan writes in the preface, "My aim is to utilize the theory of opportunity cost to demonstrate basic methodological distinctions that are often overlooked and to show that a consistent usage of this theory clarifies important areas of disagreement on policy issues." James M. Buchanan (1919-2013) was an eminent economist who won the Alfred Nobel Memorial Prize in Economic Sciences in 1986 and was considered one of the greatest scholars of liberty in the twentieth century.
Author : James D. Gwartney,Richard Stroup,A. H. Studenmund
Publisher : Unknown
Page : 1118 pages
File Size : 51,8 Mb
Release : 1995
Category : Business & Economics
ISBN : UVA:X030285021
Authors James D. Gwartney, Richard L. Stroup, Russell S. Sobel, and David Macpherson, believe that a course on principles of economics should focus on the power and relevance of the economic way of thinking. It is this belief and corresponding writing approach that has made Economics: Private and Public Choice one of South Western most solid and enduring texts. Throughout this text, the authors integrate applications and real-world data in an effort to make the basic concepts of economics come alive for the reader.
Author : Steven G. Medema
Publisher : Springer Science & Business Media
Page : 278 pages
File Size : 40,7 Mb
Release : 2012-12-06
Category : Law
ISBN : 9789401153508
Upon hearing that Ronald Coase had been awarded the Nobel Prize, a fellow economist's first response was to ask with whom Coase had shared the Prize. Whether this response was idiosyncratic or not, I do not know; I expect not. Part of this type of reaction can no doubt be explained by the fact that Coase has often been characterized as an economist who wrote only two significant or influential papers: "The Nature of the Firm" (1937) and "The Problem of Social Cost" (1960). And by typical professional standards of "significant" and "influential" (i. e. , widely read and cited), this perception embodies a great deal of truth, even subsequent to Coase's receipt of the Prize. This is not to say that there have not been other important works - "The Marginal Cost Controversy" (1946) and "The Lighthouse in Economics" (1974) come immediately to mind here - only that in a random sample of, say, one hundred economists, one would likely find few who could list a Coase bibliography beyond the two classic pieces noted above, in spite of Coase's significant publication record. ' The purpose of this collection is to assess the development of, tensions within, and prospects for Coasean Economics - those aspects of economic analysis that have evolved out of Coase's path-breaking work. Two major strands of research can be identified here: law and economics and the New Institutional Economics.
Author : Patrick J. O'Sullivan
Publisher : Unknown
Page : 265 pages
File Size : 47,5 Mb
Release : 1987
Category : Economics
ISBN : OCLC:1148915161
Author : Barry Schwartz
Publisher : Harper Collins
Page : 287 pages
File Size : 53,9 Mb
Release : 2003-12-22
Category : Psychology
ISBN : 9780060005689
Whether we're buying a pair of jeans, ordering a cup of coffee, selecting a long-distance carrier, applying to college, choosing a doctor, or setting up a 401(k), everyday decisions -- both big and small -- have become increasingly complex due to the overwhelming abundance of choice with which we are presented. As Americans, we assume that more choice means better options and greater satisfaction. But beware of excessive choice: choice overload can make you question the decisions you make before you even make them, it can set you up for unrealistically high expectations, and it can make you blame yourself for any and all failures. In the long run, this can lead to decision-making paralysis, anxiety, and perpetual stress. And, in a culture that tells us that there is no excuse for falling short of perfection when your options are limitless, too much choice can lead to clinical depression. In The Paradox of Choice, Barry Schwartz explains at what point choice -- the hallmark of individual freedom and self-determination that we so cherish -- becomes detrimental to our psychological and emotional well-being. In accessible, engaging, and anecdotal prose, Schwartz shows how the dramatic explosion in choice -- from the mundane to the profound challenges of balancing career, family, and individual needs -- has paradoxically become a problem instead of a solution. Schwartz also shows how our obsession with choice encourages us to seek that which makes us feel worse. By synthesizing current research in the social sciences, Schwartz makes the counter intuitive case that eliminating choices can greatly reduce the stress, anxiety, and busyness of our lives. He offers eleven practical steps on how to limit choices to a manageable number, have the discipline to focus on those that are important and ignore the rest, and ultimately derive greater satisfaction from the choices you have to make.
Author : Dani Rodrik
Publisher : Oxford University Press, USA
Page : 268 pages
File Size : 52,7 Mb
Release : 2015
Category : Economic policy
ISBN : 9780198736899
A leading economist trains a lens on his own discipline to uncover when it fails and when it works.
Author : David G. Tuerck
Publisher : Business Expert Press
Page : 156 pages
File Size : 55,7 Mb
Release : 2022-06-21
Category : Business & Economics
ISBN : 9781637422335
There is controversy among economists over just what it is that economists should do. The controversy is centered on the question whether what is called “neoclassical” or “mainstream” economics provides the appropriate template for performing economic analysis. Neoclassical economics is based on the principle that economic behavior is guided by “rational choice,” i.e., choice based on reason rather than sentiment. Challenges to this principle come from several fields of study: behavioral economics, neuroeconomics, Austrian economics, Keynesian economics, and others. A common thread running through these fields is that the rational choice assumption is unrealistic and therefore not useful for analyzing economic policy choices. It is important, however, to distinguish between economic policy choices, which are frequently irrational, and how individuals are observed to react to these choices. Examples of irrational policy choices are minimum wage laws, buy-American rules, and corporate tax increases. The job of the economist is to play a role akin to that of preachers, in exposing such choices for their irrationality. Mainstream economics shows that people react to these choices in a manner that impairs the performance of the economy.
Author : Victor R Fuchs
Publisher : World Scientific Publishing Company
Page : 388 pages
File Size : 52,5 Mb
Release : 2011-07-18
Category : Business & Economics
ISBN : 9789814365642
Since the first edition of Who Shall Live? (1974) over 100,000 students, teachers, physicians, and general readers from more than a dozen fields have found this book to be a reader-friendly, authoritative introduction to economic concepts applied to health and medical care. Fuchs provides clear explanations and memorable examples of the importance of the non-medical determinants of health, the dominant role of physicians in health care expenditures, the necessity of choices about health at the individual and societal levels, and many other compelling themes. Now, in a new introduction of some 8,000 words including new tables and figures, Fuchs, often called the “Dean of health economists”, concisely summarizes the major changes of the past 37 years in health, medical care, and health policy. He focuses primarily on the United States but includes remarks about health policy in other countries, and addresses the question of whether national health care systems are becoming more alike. In addition to reviewing changes, the introduction explains why health expenditures grow so rapidly, why health spending in the United States is so much greater than in other countries, and what physicians need in order to practice cost-effective medicine. This second expanded edition also includes recent papers by Fuchs on the economics of aging, the socio-economic correlates of health, the future of health economics, and his policy recommendations for the United States to secure universal coverage, control of costs, and improvement in the quality of care. As was true of the first expanded edition (1998), this book will be welcomed by current students and life-long learners in economics, other social and behavioral sciences, medicine, public health, law, business, public policy, and other fields who want to understand the relation between health, economics, and social choice.
