Thinking Like An Economist

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Thinking Like an Economist

Author : Elizabeth Popp Berman
Publisher : Princeton University Press
Page : 344 pages
File Size : 50,8 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.

The Dismal Science

Author : Stephen A. Marglin
Publisher : Harvard University Press
Page : 384 pages
File Size : 46,8 Mb
Release : 2008
Category : Business & Economics
ISBN : 0674026543

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The Dismal Science by Stephen A. Marglin Pdf

See "Stephen Marglin on the Future of Capitalism" at FORA.tv. Economists celebrate the market as a device for regulating human interaction without acknowledging that their enthusiasm depends on a set of half-truths: that individuals are autonomous, self-interested, and rational calculators with unlimited wants and that the only community that matters is the nation-state. However, as Stephen Marglin argues, market relationships erode community. In the past, for example, when a farm family experienced a setback--say the barn burned down--neighbors pitched in. Now a farmer whose barn burns down turns, not to his neighbors, but to his insurance company. Insurance may be a more efficient way to organize resources than a community barn raising, but the deep social and human ties that are constitutive of community are weakened by the shift from reciprocity to market relations. Marglin dissects the ways in which the foundational assumptions of economics justify a world in which individuals are isolated from one another and social connections are impoverished as people define themselves in terms of how much they can afford to consume. Over the last four centuries, this economic ideology has become the dominant ideology in much of the world. Marglin presents an account of how this happened and an argument for righting the imbalance in our lives that this ideology has fostered.

Doughnut Economics

Author : Kate Raworth
Publisher : Chelsea Green Publishing
Page : 322 pages
File Size : 46,6 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.

Think Like an Economist

Author : Anne Rooney
Publisher : Unknown
Page : 224 pages
File Size : 52,6 Mb
Release : 2019
Category : Economics
ISBN : 1788886496

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Think Like an Economist by Anne Rooney Pdf

From the early barter system, through the Industrial Revolution, to the emergence of globalization, economics has defined our lives. Think Like an Economist is a fun introduction to the main ideas of economics, untangling its intricacies and revealing the ways in which individuals, societies and nations allocate resources. Written in an amusing and easy-to-understand style, Anne Rooney investigates how economics can be used to improve living standards and make the world a better place. --Publisher

How to Think Like an Economist

Author : Roger A. Arnold
Publisher : South-Western College
Page : 0 pages
File Size : 48,5 Mb
Release : 2005
Category : Critical thinking
ISBN : 0324015755

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How to Think Like an Economist by Roger A. Arnold Pdf

How To Think Like an Economist offers instructors a tool to both motivate students and get them to recognize how economics affects their everyday lives. In less than 200 pages, How to Think Like an Economist consists entirely of economics "stories" and real-world applications that the author has used in his class to help hundreds of students make the connection between economics and their lives.

Thinking Like an Economist

Author : Elizabeth Popp Berman
Publisher : Princeton University Press
Page : 344 pages
File Size : 52,6 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.

Think Like an Economist

Author : Anne Rooney
Publisher : 'The Rosen Publishing Group, Inc'
Page : 162 pages
File Size : 48,8 Mb
Release : 2021-07-15
Category : Young Adult Nonfiction
ISBN : 9781499470963

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Think Like an Economist by Anne Rooney Pdf

From ancient barter systems through the Industrial Revolution and the emergence of modern globalization, the field of economics is central to the way we organize and live our lives. This informative volume is a comprehensive and accessible introduction to this vital subject for readers. It looks at questions concerning such fundamental concepts as goods and services and supply and demand. The thoughtful text investigates how economics can be used to improve humanity’s living standards and ultimately make the world a better place for all.

Think Like an Economist

Author : Anne Rooney
Publisher : 'The Rosen Publishing Group, Inc'
Page : 162 pages
File Size : 52,9 Mb
Release : 2021-07-15
Category : Young Adult Nonfiction
ISBN : 9781499470949

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Think Like an Economist by Anne Rooney Pdf

From ancient barter systems through the Industrial Revolution and the emergence of modern globalization, the field of economics is central to the way we organize and live our lives. This informative volume is a comprehensive and accessible introduction to this vital subject for readers. It looks at questions concerning such fundamental concepts as goods and services and supply and demand. The thoughtful text investigates how economics can be used to improve humanity’s living standards and ultimately make the world a better place for all.

Think Like an Economist

Author : Anne Rooney
Publisher : Arcturus Publishing
Page : 251 pages
File Size : 52,9 Mb
Release : 2021-04-01
Category : Business & Economics
ISBN : 9781398812833

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Think Like an Economist by Anne Rooney Pdf

From the early barter system, through the Industrial Revolution, to the emergence of globalization, economics has defined our lives. Think Like an Economist is a fun introduction to the main ideas of economics, untangling its intricacies and revealing the ways in which individuals, societies and nations allocate resources. Using a Q&A format, the book delves into questions such as: • Why don't we just print more money? • Is cash on the way out? • How does the stock market work? • Is the whole world capitalist now? Written in an amusing and easy-to-understand style, Anne Rooney investigates how economics can be used to improve living standards and make the world a better place.

How to Think Like an Economist

Author : Robbie Mochrie
Publisher : Bloomsbury Publishing
Page : 228 pages
File Size : 44,5 Mb
Release : 2024-05-09
Category : Business & Economics
ISBN : 9781399408660

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How to Think Like an Economist by Robbie Mochrie Pdf

Capturing the essence of history's most influential economists in enjoyable and illuminating biographical sketches, this book shows how the great economic thinkers are still relevant today. We live in the economy – and we are part of it. Living through a pandemic, governments had to work out how to put economies into a deep freeze without destroying them. Avoiding climate catastrophe means changing economies so that they don't bake the world. In explaining how economic thinking is indispensable to tackling these huge problems, this book is a sure-footed guide, spanning Aristotle's ideas about restraining consumption, Adam Smith's thinking about the importance of moral character for sustained economic development, and Esther Duflo's ongoing work to help the world's poorest communities lift themselves out of poverty. It shows how the greatest economic thinkers – Karl Marx, Maynard Keynes, and Friedrich Hayek, among many others – have enabled us to see the world differently, and how we can make it better. It shows that economic thinking emerged, long before there were economists – and that good economics is about much more than the economy, so everyone should understand these vital ideas. Along the way, the book quietly subverts what you think you know about economics, especially by showing how women found a place in the development of ideas even when discrimination denied them any formal role.

Lessons for the Young Economist

Author : Robert P. Murphy
Publisher : Ludwig von Mises Institute
Page : 414 pages
File Size : 52,8 Mb
Release : 2012
Category : Economics
ISBN : 9781610164108

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Lessons for the Young Economist by Robert P. Murphy Pdf

The Economist's View of the World

Author : Steven E. Rhoads
Publisher : Cambridge University Press
Page : 352 pages
File Size : 48,5 Mb
Release : 1985-05-23
Category : Political Science
ISBN : 0521317649

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The Economist's View of the World by Steven E. Rhoads Pdf

This book explains and assesses the ways in which micro, welfare and benefit-cost economists view the world of public policy. In general terms, microeconomic concepts and models can be seen to appear regularly in the work of political scientists, sociologists and psychologists. As a consequence, these and related concepts and models have now had sufficient time to influence strongly and to extend the range of policy options available to government departments. The central focus of this book is the 'cross-over' from economic modelling to policy implementation, which remains obscure and uncertain. The author outlines the importance of a wider knowledge of microeconomics for improving the effects and orientation of public policy. He also provides a critique of some basic economic assumptions, notably the 'consumer sovereignty principle'. Within this context the reader is in a better position to understand the 'marvellous insights and troubling blindnesses' of economists where often what is controversial politically is not so controversial among economists.

Summary of Elizabeth Popp Berman's Thinking like an Economist

Author : Everest Media,
Publisher : Everest Media LLC
Page : 51 pages
File Size : 45,5 Mb
Release : 2022-04-26T22:59:00Z
Category : Business & Economics
ISBN : 9781669392859

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Summary of Elizabeth Popp Berman's Thinking like an Economist by Everest Media, Pdf

Please note: This is a companion version & not the original book. Sample Book Insights: #1 While Obama was able to resolve the 2008 financial crisis and slow the rate of economic decline, many of his supporters anticipated that he would usher in significant policy change. However, Obama’s presidency was largely continuity with the recent past. #2 The Obama administration, despite coming to power during a crisis, did not pursue more fundamental change. It remained committed to an incrementalist, modestly ambitious vision of government, even as the country faced unprecedented challenges. #3 The Democratic Party’s commitment to a market-friendly, technocratic approach to policy since 1990 has many sources, including the influence of the tech and finance industries within the national Democratic Party. #4 The results of this turn continue to play out in politics today. Material interests play a significant role in determining which ideas get political attention, but once a particular intellectual framework is institutionalized, it can become extremely difficult to change.

An Economist Goes to the Game

Author : Paul Oyer
Publisher : Yale University Press
Page : 216 pages
File Size : 54,7 Mb
Release : 2022
Category : Sports & Recreation
ISBN : 9780300218244

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An Economist Goes to the Game by Paul Oyer Pdf

An engaging look at the ways economic thinking can help us understand how sports work both on and off the field "Mr. Oyer writes clearly and ranges across all sorts of sports as well as across the globe, introducing fascinating observations."--Henry D. Fetter, Wall Street Journal Are ticket scalpers good for teams? Should parents push their kids to excel at sports? Why do Koreans dominate women's golf, while Kenyans and Ethiopians dominate marathon racing? Why would Michael Jordan, the greatest player in basketball, pass to Steve Kerr for the game-winning shot? Paul Oyer shows the many ways economics permeates the world of sports. His topics range from the business of sport to how great athletes use economic thinking to outsmart their opponents to why the world's greatest sports powerhouse (at least per capita) is not America or China but the principality of Liechtenstein. Economics explains why some sports cannot stop the use of performance-enhancing drugs while others can, why hundred-million-dollar player contracts are guaranteed in baseball but not in football, how one man was able to set the world of sports betting on its ear--and why it will probably never happen again. This book is an entertaining guide to how a bit of economics can make you a better athlete and a more informed fan.

The Undercover Economist Strikes Back

Author : Tim Harford
Publisher : Penguin
Page : 272 pages
File Size : 41,5 Mb
Release : 2014-01-16
Category : Business & Economics
ISBN : 9781101613887

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The Undercover Economist Strikes Back by Tim Harford Pdf

A provocative and lively exploration of the increasingly important world of macroeconomics, by the author of the bestselling The Undercover Economist. Thanks to the worldwide financial upheaval, economics is no longer a topic we can ignore. From politicians to hedge fund managers to middle-class IRA holders, everyone must pay attention to how and why the global economy works the way it does. Enter Financial Times columnist and bestselling author Tim Harford. In this new book that demystifies macroeconomics, Harford strips away the spin, the hype, and the jargon to reveal the truth about how the world’s economy actually works. With the wit of a raconteur and the clear grasp of an expert, Harford explains what’s really happening beyond today’s headlines, why all of us should care, and what we can do about it to understand it better.