Power And Neoclassical Economics

Power And Neoclassical Economics Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Power And Neoclassical Economics book. This book definitely worth reading, it is an incredibly well-written.

Power and Neoclassical Economics

A. Ozanne
Power and Neoclassical Economics Book PDF

Author : A. Ozanne
Publisher : Palgrave Pivot
Page : 0 pages
File Size : 43,9 Mb
Release : 2015-11-12
Category : Business & Economics
ISBN : 1137553723

Get Book

Power and Neoclassical Economics by A. Ozanne Pdf

Mainstream economics almost completely ignores the role power plays in determining economic outcomes, which means it can only provide partial explanations of the distribution of wealth and income, and of the problems associated with inequality and poverty. For many, this is a fundamental failing that severely limits its relevance to the real world and is the source of much dissatisfaction with, and cynicism about, economics and economists. Ozanne explains how this neglect of power has come about over the past 150 years and why it is important. He reviews various definitions and theories of power from across the social sciences and proposes a new approach that could bring considerations of power back into standard economic theory and economics teaching. The approach is simple and intuitive, involving little more than re-envisioning the social welfare function as a 'political economy function'. However, if adopted in economics teaching, it could radically change the way young economists are taught to think about economic problems and lead to a 'return to political economy'.

Power and Neoclassical Economics

A. Ozanne
Power and Neoclassical Economics Book PDF

Author : A. Ozanne
Publisher : Springer
Page : 101 pages
File Size : 52,7 Mb
Release : 2016-01-26
Category : Business & Economics
ISBN : 9781137553737

Get Book

Power and Neoclassical Economics by A. Ozanne Pdf

Mainstream economics almost completely ignores the role power plays in determining economic outcomes, which means it can only provide partial explanations of the distribution of wealth and income, and of the problems associated with inequality and poverty. For many, this is a fundamental failing that severely limits its relevance to the real world and is the source of much dissatisfaction with, and cynicism about, economics and economists. Ozanne explains how this neglect of power has come about over the past 150 years and why it is important. He reviews various definitions and theories of power from across the social sciences and proposes a new approach that could bring considerations of power back into standard economic theory and economics teaching. The approach is simple and intuitive, involving little more than re-envisioning the social welfare function as a 'political economy function'. However, if adopted in economics teaching, it could radically change the way young economists are taught to think about economic problems and lead to a 'return to political economy'.

The Making of Neoclassical Economics

John F. Henry
The Making of Neoclassical Economics Book PDF

Author : John F. Henry
Publisher : Routledge
Page : 288 pages
File Size : 44,6 Mb
Release : 2012-03-02
Category : Business & Economics
ISBN : 9780415618731

Get Book

The Making of Neoclassical Economics by John F. Henry Pdf

First published in 1990, this unique explanation of the rise of neoclassical economics views social change as an engine promoting change in theory. It attempts to develop a theory of the origins, consolidation and rise to dominance of the neoclassical school of thought. In so doing, it addresses the contest between the labour and utility theories of value; both are placed in historical context, and reasons are offered for the relative success of each in particular historical periods. It is argued that the eventual dominance of neoclassicism, a theory based on the social changes then taking place, resulted not from its scientific superiority but from its non-social perspective which ignores the social order upon which it depends.

Market Power and the Economy

Wallace C. Peterson
Market Power and the Economy Book PDF

Author : Wallace C. Peterson
Publisher : Springer Science & Business Media
Page : 182 pages
File Size : 48,6 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789400926738

Get Book

Market Power and the Economy by Wallace C. Peterson Pdf

A situation in economics that is little short of scandalous is the almost total neglect by mainstream economics of the importance of power in economic affairs. Power in this context means the ability to bend market forces in one's favor, influencing and shaping key economic variables such as prices, wages, and other income determinants. As John Kenneth Galbraith as tutely observes: a dominant fact in economic life is the desire of people everywhere and in all circumstances to get control over their personal lives and their incomes-to escape from the "tyranny of the market. " Power is the means to this end. Ever since Adam Smith, economists have been fascinated by and lavish in their praise for the workings of the market. All modern textbooks are built around Smithian ideas about markets and the way the "invisible hand" works through competition for society's better ment. Yet one can search nearly in vain through leading texts, under graduate and graduate alike, for any reference to market or economic power. This is the situation in spite of the fact that the drive for power, the urge to get control over one's income, permeates the economy as much as does competition. This is a scandal! For a discipline that claims for itself the mantle of a science-one which wants to be accorded the same respect given the natural sciences-it is almost incomprehensible that it should ignore a major force at work in the real economic world.

The Power of Economists within the State

Johan Christensen
The Power of Economists within the State Book PDF

Author : Johan Christensen
Publisher : Stanford University Press
Page : 232 pages
File Size : 44,9 Mb
Release : 2017-04-11
Category : Social Science
ISBN : 9781503601857

Get Book

The Power of Economists within the State by Johan Christensen Pdf

The spread of market-oriented reforms has been one of the major political and economic trends of the late twentieth and early twenty-first centuries. Governments have, to varying degrees, adopted policies that have led to deregulation: the liberalization of trade; the privatization of state entities; and low-rate, broad-base taxes. Yet some countries embraced these policies more than others. Johan Christensen examines one major contributor to this disparity: the entrenchment of U.S.-trained, neoclassical economists in political institutions the world over. While previous studies have highlighted the role of political parties and production regimes, Christensen uses comparative case studies of New Zealand, Ireland, Norway, and Denmark to show how the influence of economists affected the extent to which each nation adopted market-oriented tax policies. He finds that, in countries where economic experts held powerful positions, neoclassical economics broke through with greater force. Drawing on revealing interviews with 80 policy elites, he examines the specific ways in which economists shaped reforms, relying on an activist approach to policymaking and the perceived utility of their science to drive change.

Economists and the Powerful

Norbert H Ring,Niall Douglas
Economists and the Powerful Book PDF

Author : Norbert H Ring,Niall Douglas
Publisher : Anthem Press
Page : 261 pages
File Size : 42,5 Mb
Release : 2012
Category : Business & Economics
ISBN : 9780857285461

Get Book

Economists and the Powerful by Norbert H Ring,Niall Douglas Pdf

Introduction -- The economics of the powerful -- Money is power -- The power of the corporate elite -- Market power -- Power at work -- The power to set the rules of the game -- Afterword -- References.

Contending Economic Theories

Richard D. Wolff,Stephen A. Resnick
Contending Economic Theories Book PDF

Author : Richard D. Wolff,Stephen A. Resnick
Publisher : MIT Press
Page : 425 pages
File Size : 54,6 Mb
Release : 2012-09-07
Category : Business & Economics
ISBN : 9780262517836

Get Book

Contending Economic Theories by Richard D. Wolff,Stephen A. Resnick Pdf

A systematic comparison of the 3 major economic theories—neoclassical, Keynesian, and Marxian—showing how they differ and why these differences matter in shaping economic theory and practice. Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. The authors identify each theory's starting point, its goals and foci, and its internal logic. They connect their comparative theory analysis to the larger policy issues that divide the rival camps of theorists around such central issues as the role government should play in the economy and the class structure of production, stressing the different analytical, policy, and social decisions that flow from each theory's conceptualization of economics. Building on their earlier book Economics: Marxian versus Neoclassical, the authors offer an expanded treatment of Keynesian economics and a comprehensive introduction to Marxian economics, including its class analysis of society. Beyond providing a systematic explanation of the logic and structure of standard neoclassical theory, they analyze recent extensions and developments of that theory around such topics as market imperfections, information economics, new theories of equilibrium, and behavioral economics, considering whether these advances represent new paradigms or merely adjustments to the standard theory. They also explain why economic reasoning has varied among these three approaches throughout the twentieth century, and why this variation continues today—as neoclassical views give way to new Keynesian approaches in the wake of the economic collapse of 2008.

Power and Influence of Economists

Jens Maesse,Stephan Pühringer,Thierry Rossier,Pierre Benz
Power and Influence of Economists Book PDF

Author : Jens Maesse,Stephan Pühringer,Thierry Rossier,Pierre Benz
Publisher : Routledge
Page : 286 pages
File Size : 53,7 Mb
Release : 2021-05-23
Category : Business & Economics
ISBN : 9781000222234

Get Book

Power and Influence of Economists by Jens Maesse,Stephan Pühringer,Thierry Rossier,Pierre Benz Pdf

Economists occupy leading positions in many different sectors including central and private banks, multinational corporations, the state and the media, as well as serving as policy consultants on everything from health to the environment and security. Power and Influence of Economists explores the interconnected relationship between power, knowledge and influence which has led economics to be both a source and beneficiary of widespread power and influence. The contributors to this book explore the complex and diverse methods and channels that economists have used to exert and expand their influence from different disciplinary and national perspectives. Four different analytical views on the role of power and economics are taken: first, the role of economic expert discourses as power devices for the formation of influential expertise; second, the logics and modalities of governmentality that produce power/knowledge apparatuses between science and society; third, economists as involved in networks between academia, politics and the media; and forth, economics considered as a social field, including questions of legitimacy and unequal relations between economists based on the detention of various capitals. The volume includes case studies on a variety of national configurations of economics, such as the US, Germany, Italy, Switzerland, Greece, Mexico and Brazil, as well as international spaces and organisations such as the IMF. This book provides innovative research perspectives for students and scholars of heterodox economics, cultural political economy, sociology of professions, network studies, and the social studies of power, discourse and knowledge. “The Open Access version of this book, available at https://www.taylorfrancis.com/books/oa-edit/10.4324/9780367817084, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.”

Economics and Power

Randall Bartlett
Economics and Power Book PDF

Author : Randall Bartlett
Publisher : Cambridge University Press
Page : 223 pages
File Size : 41,9 Mb
Release : 1989-09-29
Category : Business & Economics
ISBN : 9780521355629

Get Book

Economics and Power by Randall Bartlett Pdf

When a marketplace is considered in isolation, the implicit conclusion is that markets are a sufficient defence against the exercise of power. But market transactions do not occur in isolation: they are defined by rules, property rights, prior events and social values. This book widens the focus of traditional economic analysis to examine the ways in which people may affect each other within and around markets to give rise to real power. Using conventional neoclassical assumptions about human behaviour, the book begins by developing a workable concept of power, allowing for its presence in a variety of forms and degrees. It examines the conditions under which power would necessarily be absent from market transactions and those under which it would be possible. It considers the decision processes of potential exercisers and subjects of power to determine when the exercise and success of power would be rational.

Power and Neoclassical Economics

A. Ozanne
Power and Neoclassical Economics Book PDF

Author : A. Ozanne
Publisher : Springer
Page : 101 pages
File Size : 43,5 Mb
Release : 2016-01-26
Category : Business & Economics
ISBN : 9781137553737

Get Book

Power and Neoclassical Economics by A. Ozanne Pdf

Mainstream economics almost completely ignores the role power plays in determining economic outcomes, which means it can only provide partial explanations of the distribution of wealth and income, and of the problems associated with inequality and poverty. For many, this is a fundamental failing that severely limits its relevance to the real world and is the source of much dissatisfaction with, and cynicism about, economics and economists. Ozanne explains how this neglect of power has come about over the past 150 years and why it is important. He reviews various definitions and theories of power from across the social sciences and proposes a new approach that could bring considerations of power back into standard economic theory and economics teaching. The approach is simple and intuitive, involving little more than re-envisioning the social welfare function as a 'political economy function'. However, if adopted in economics teaching, it could radically change the way young economists are taught to think about economic problems and lead to a 'return to political economy'.

Contending Economic Theories

Richard D. Wolff,Stephen A. Resnick
Contending Economic Theories Book PDF

Author : Richard D. Wolff,Stephen A. Resnick
Publisher : MIT Press
Page : 425 pages
File Size : 40,6 Mb
Release : 2012-09-07
Category : Business & Economics
ISBN : 9780262304443

Get Book

Contending Economic Theories by Richard D. Wolff,Stephen A. Resnick Pdf

A systematic comparison of the 3 major economic theories—neoclassical, Keynesian, and Marxian—showing how they differ and why these differences matter in shaping economic theory and practice. Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. The authors identify each theory's starting point, its goals and foci, and its internal logic. They connect their comparative theory analysis to the larger policy issues that divide the rival camps of theorists around such central issues as the role government should play in the economy and the class structure of production, stressing the different analytical, policy, and social decisions that flow from each theory's conceptualization of economics. Building on their earlier book Economics: Marxian versus Neoclassical, the authors offer an expanded treatment of Keynesian economics and a comprehensive introduction to Marxian economics, including its class analysis of society. Beyond providing a systematic explanation of the logic and structure of standard neoclassical theory, they analyze recent extensions and developments of that theory around such topics as market imperfections, information economics, new theories of equilibrium, and behavioral economics, considering whether these advances represent new paradigms or merely adjustments to the standard theory. They also explain why economic reasoning has varied among these three approaches throughout the twentieth century, and why this variation continues today—as neoclassical views give way to new Keynesian approaches in the wake of the economic collapse of 2008.

Theories of Political Economy

James A. Caporaso,David P. Levine
Theories of Political Economy Book PDF

Author : James A. Caporaso,David P. Levine
Publisher : Cambridge University Press
Page : 258 pages
File Size : 44,8 Mb
Release : 1992-08-28
Category : Business & Economics
ISBN : 0521425786

Get Book

Theories of Political Economy by James A. Caporaso,David P. Levine Pdf

This exploration of some of the more important frameworks used for understanding the relationship between politics and economics includes the classical, Marxian, Keynesian, neoclassical, state-centered, power-centered, and justice-centered.

The New Economics

Steve Keen
The New Economics Book PDF

Author : Steve Keen
Publisher : John Wiley & Sons
Page : 141 pages
File Size : 54,6 Mb
Release : 2021-11-11
Category : Political Science
ISBN : 9781509545308

Get Book

The New Economics by Steve Keen Pdf

In 1517, Martin Luther nailed his 95 theses to the wall of Wittenberg church. He argued that the Church’s internally consistent but absurd doctrines had pickled into a dogmatic structure of untruth. It was time for a Reformation. Half a millennium later, Steve Keen argues that economics needs its own Reformation. In Debunking Economics, he eviscerated an intellectual church – neoclassical economics – that systematically ignores its own empirical untruths and logical fallacies, and yet is still mysteriously worshipped by its scholarly high priests. In this book, he presents his Reformation: a New Economics, which tackles serious issues that today's economic priesthood ignores, such as money, energy and ecological sustainability. It gives us hope that we can save our economies from collapse and the planet from ecological catastrophe. Performing this task with his usual panache and wit, Steve Keen’s new book is unmissable to anyone who has noticed that the economics Emperor is naked and would like him to put on some clothes.

Political Economy and Contemporary Capitalism

Ron P. Baiman,Heather Boushey,Dawn Saunders
Political Economy and Contemporary Capitalism Book PDF

Author : Ron P. Baiman,Heather Boushey,Dawn Saunders
Publisher : Routledge
Page : 369 pages
File Size : 48,7 Mb
Release : 2015-02-12
Category : Business & Economics
ISBN : 9781317462682

Get Book

Political Economy and Contemporary Capitalism by Ron P. Baiman,Heather Boushey,Dawn Saunders Pdf

This volume covers the theoretical method, macroeconomics, microeconomics, international trade and finance, development, and policy of economic theory. It incorporates various alternative approaches as well as a broad spectrum of policy issues.

Capital as Power

Jonathan Nitzan,Shimshon Bichler
Capital as Power Book PDF

Author : Jonathan Nitzan,Shimshon Bichler
Publisher : Routledge
Page : 853 pages
File Size : 49,6 Mb
Release : 2009-06-02
Category : Political Science
ISBN : 9781134022298

Get Book

Capital as Power by Jonathan Nitzan,Shimshon Bichler Pdf

Conventional theories of capitalism are mired in a deep crisis: after centuries of debate, they are still unable to tell us what capital is. Liberals and Marxists both think of capital as an ‘economic’ entity that they count in universal units of ‘utils’ or ‘abstract labour’, respectively. But these units are totally fictitious. Nobody has ever been able to observe or measure them, and for a good reason: they don’t exist. Since liberalism and Marxism depend on these non-existing units, their theories hang in suspension. They cannot explain the process that matters most – the accumulation of capital. This book offers a radical alternative. According to the authors, capital is not a narrow economic entity, but a symbolic quantification of power. It has little to do with utility or abstract labour, and it extends far beyond machines and production lines. Capital, the authors claim, represents the organized power of dominant capital groups to reshape – or creorder – their society. Written in simple language, accessible to lay readers and experts alike, the book develops a novel political economy. It takes the reader through the history, assumptions and limitations of mainstream economics and its associated theories of politics. It examines the evolution of Marxist thinking on accumulation and the state. And it articulates an innovative theory of ‘capital as power’ and a new history of the ‘capitalist mode of power’.