Truth Or Economics

Author : Richard S. Markovits
Publisher : Yale University Press
Page : 520 pages
File Size : 51,5 Mb
Release : 2008-10-01
Category : Business & Economics
ISBN : 9780300145229

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Truth Or Economics by Richard S. Markovits Pdf

Is economic efficiency a sound basis upon which to make public policy or legal decisions? In this sophisticated analysis, Richard S. Markovits considers the way in which scholars and public decision-makers define, predict, and assess the moral and legal relevance of economic efficiency. The author begins by identifying imperfections in the traditional definition of economic efficiency. He then develops and illustrates an appropriate response to Second-Best Theory and investigates the moral and legal relevance of economic-efficiency analyses. Not only do virtually all economic, legal, and public policy thinkers misdefine economic efficiency, the author concludes, they also ignore or respond inadequately to Second-Best Theory when analyzing the economic efficiency of public choices and misassess the relevance of economic-efficiency conclusions both for moral evaluations and for the answer to legal-rights questions that is correct as a matter of law.

Author : Aki Lehtinen,Jaakko Kuorikoski,Petri Ylikoski
Publisher : Routledge
Page : 298 pages
File Size : 44,6 Mb
Release : 2013-06-17
Category : Business & Economics
ISBN : 9781136513251

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Economics for Real by Aki Lehtinen,Jaakko Kuorikoski,Petri Ylikoski Pdf

This book provides the first comprehensive and critical examination of Mäki’s realist philosophy of economics.

Author : Frank H. Knight
Publisher : University of Chicago Press
Page : 448 pages
File Size : 44,6 Mb
Release : 1999
Category : Business & Economics
ISBN : 0226446956

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Selected Essays by Frank H. Knight, Volume 1 by Frank H. Knight Pdf

Frank H. Knight (1885-1972) was a central figure—many say the dominant influence—in the development of the "Chicago School of Economics" at the University of Chicago in the 1930s and 1940s, where he taught future Nobel laureates Milton Friedman, James Buchanan, George Stigler, and many other notable scholars. It was Knight's embedded skepticism about the reach of economic knowledge that set the stage for the laissez-faire economics that matured at the University in the 1950s and 1960s. But as important as Knight's technical economic contributions were, he never strayed far from his broad philosophical interests and concern for the state of modern liberal democracy. Ross B. Emmett's selection of Knight's essays is the first to offer a comprehensive picture of the work of this notable social scientist over the span of his career. Included are not only Knight's most influential writings, but also a number of uncollected papers which have not previously been widely accessible. These essays illustrate Knight's views on the central debates regarding economics, social science, ethics, education, and modern liberalism. Volume 1: "What is Truth" in Economics? contains fifteen of Knight's papers up through 1940. Volume 2: Laissez Faire: Pro and Con includes fourteen of Knight's papers from 1940 through 1967, including "Socialism: The Nature of the Problem" and "The Sickness of Liberal Society." These twenty-nine essays together stand not only as a monument to one of economics' most significant and original thinkers, but will also serve as an invaluable resource for economists, philosophers, and political scientists interested in the development of the western liberal tradition.

Author : Michael Ryan
Publisher : Gatekeeper Press
Page : 128 pages
File Size : 47,5 Mb
Release : 2017-12-06
Category : Electronic
ISBN : 9781619848320

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The Truth about Economics by Michael Ryan Pdf

This book presents a fascinating story about how academia got it all wrong. Was it an academic conspiracy? Was it peculiar social pressures in academia? Regardless of how it all came about, it is time to teach our children financial literacy instead of economics. Financial literacy is a course that prepares our children for success in today’s economic society. Typical economics courses do nothing to prepare your child for understanding day to day economic responsibility. This book presents the reasons to join the battle. It is time to stand up and demand relevant education from your state education system.

Author : Thomas Mayer
Publisher : Edward Elgar Publishing
Page : 212 pages
File Size : 44,9 Mb
Release : 1993
Category : Business & Economics
ISBN : 1852785462

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Truth Versus Precision in Economics by Thomas Mayer Pdf

The author's principle of the strongest link provides the basis in this text for a critique of contemporary macroeconomics and its obsession with formalism. The text provides a rigorous methodological assessment of the New Classical and New Keynesian approaches and their failings.

Author : Grzegorz W. Kołodko
Publisher : Columbia University Press
Page : 474 pages
File Size : 41,7 Mb
Release : 2012-09-04
Category : Business & Economics
ISBN : 9780231150699

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Truth, Errors, and Lies by Grzegorz W. Kołodko Pdf

Grzegorz W. Kolodko, one of the world's leading authorities on economics and development policy and a key architect of Poland's successful economic reforms, applies his far-reaching knowledge to the past and future of the world economy, introducing a framework for understanding our global situation that transcends any single discipline or paradigm. Deploying a novel mix of scientific evaluation and personal observation, Kolodko begins with a brief discussion of misinformation and its perpetuation in economics and politics. He criticizes the simplification of complex economic and social issues and investigates the link between developments in the global economy and cultural change, scientific discoveries, and political fluctuations. Underscoring the necessity of conceptual and theoretical innovation in understanding our global economic situation, Kolodko offers a provocative study of globalization and the possibility of coming out ahead in an era of worldwide interdependence. Deeply critical of neoliberalism, which sought to transfer economic control exclusively to the private sector, Kolodko explores the virtues of social-economic development and the new rules of the economic game. He concludes with a look at our near and distant future, questioning whether we have a say in its making.

Author : John Kay
Publisher : Penguin UK
Page : 496 pages
File Size : 42,8 Mb
Release : 2004-04-29
Category : Business & Economics
ISBN : 9780141909752

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The Truth About Markets by John Kay Pdf

Capitalism faltered at the end of the 1990s as corporations were rocked by fraud, the stock-market bubble burst and the American business model – unfettered self-interest, privatization and low tax – faced a storm of protest. But what are the alternatives to the mantras of market fundamentalism? Leading economist John Kay unravels the truth about markets, from Wall Street to Switzerland, from Russia to Mumbai, examining why some nations are rich and some poor, why ‘one-size-fits-all’ globalization hurts developing countries and why markets can work – but only in a humane social and cultural context. His answers offer a radical new blueprint for the future.

Author : Aki Lehtinen,Jaakko Kuorikoski,Petri Ylikoski
Publisher : Routledge
Page : 297 pages
File Size : 48,8 Mb
Release : 2013-06-17
Category : Business & Economics
ISBN : 9781136513268

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Economics for Real by Aki Lehtinen,Jaakko Kuorikoski,Petri Ylikoski Pdf

This book provides the first comprehensive and critical examination of Mäki’s realist philosophy of economics.

Author : Thomas Sowell
Publisher : Basic Books
Page : 304 pages
File Size : 47,6 Mb
Release : 2011-03-22
Category : Business & Economics
ISBN : 9780465026302

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Economic Facts and Fallacies by Thomas Sowell Pdf

Economic Facts and Fallacies exposes some of the most popular fallacies about economic issues-and does so in a lively manner and without requiring any prior knowledge of economics by the reader. These include many beliefs widely disseminated in the media and by politicians, such as mistaken ideas about urban problems, income differences, male-female economic differences, as well as economics fallacies about academia, about race, and about Third World countries. One of the themes of Economic Facts and Fallacies is that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power-and makes careful examination of their flaws both necessary and important, as well as sometimes humorous. Written in the easy-to-follow style of the author's Basic Economics, this latest book is able to go into greater depth, with real world examples, on specific issues.

Author : Manfred Max-Neef,Philip B. Smith
Publisher : Bloomsbury Publishing
Page : 304 pages
File Size : 55,8 Mb
Release : 2011-08-30
Category : Business & Economics
ISBN : 9780857840325

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Economics Unmasked by Manfred Max-Neef,Philip B. Smith Pdf

An inspiring outline of a new economics system, where justice, human dignity, compassion and reverence for life are the guiding values. The economic system under which we live not only forces the great majority of humankind to live their lives in indignity and poverty but also threatens all forms of life on Earth. Economics Unmasked presents a cogent critique of the dominant economic system, showing that the theoretical constructions of mainstream economics work mainly to bring about injustice. The merciless onslaught on the global ecosystem of recent decades, brought about by the massive increase in the production of goods and the consequent depletion of nature's reserves, is not a chance property of the economic system. It is a direct result of neoliberal economic thinking, which recognizes value only in material things. The growth obsession is not a mistaken conception that mainstream economists can unlearn, it is inherent in their view of life. But a socio-economic system based on the growth obsession can never be sustainable. This book outlines the foundations of a new economics, where we are not ruled by greed and injustice. Contrary to the absurd assumption of mainstream economists that economics is a value-free science, a new economics must make its values explicit.

Author : Robert J. Shiller
Publisher : Princeton University Press
Page : 408 pages
File Size : 52,5 Mb
Release : 2020-09-01
Category : Business & Economics
ISBN : 9780691212074

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Narrative Economics by Robert J. Shiller Pdf

From Nobel Prize–winning economist and New York Times bestselling author Robert Shiller, a groundbreaking account of how stories help drive economic events—and why financial panics can spread like epidemic viruses Stories people tell—about financial confidence or panic, housing booms, or Bitcoin—can go viral and powerfully affect economies, but such narratives have traditionally been ignored in economics and finance because they seem anecdotal and unscientific. In this groundbreaking book, Robert Shiller explains why we ignore these stories at our peril—and how we can begin to take them seriously. Using a rich array of examples and data, Shiller argues that studying popular stories that influence individual and collective economic behavior—what he calls "narrative economics"—may vastly improve our ability to predict, prepare for, and lessen the damage of financial crises and other major economic events. The result is nothing less than a new way to think about the economy, economic change, and economics. In a new preface, Shiller reflects on some of the challenges facing narrative economics, discusses the connection between disease epidemics and economic epidemics, and suggests why epidemiology may hold lessons for fighting economic contagions.

Author : Leland B. Yeager
Publisher : Ludwig von Mises Institute
Page : 539 pages
File Size : 53,6 Mb
Release : 2011
Category : Capitalism
ISBN : 9781610164214

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Is the Market a Test of Truth and Beauty?: Essays in Political Economy by Leland B. Yeager Pdf

Author : Mariana Mazzucato
Publisher : Penguin UK
Page : 384 pages
File Size : 54,8 Mb
Release : 2018-04-26
Category : Business & Economics
ISBN : 9780241188828

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The Value of Everything by Mariana Mazzucato Pdf

Who really creates wealth in our world? And how do we decide the value of what they do? At the heart of today's financial and economic crisis is a problem hiding in plain sight. In modern capitalism, value-extraction - the siphoning off of profits, from shareholders' dividends to bankers' bonuses - is rewarded more highly than value-creation: the productive process that drives a healthy economy and society. We misidentify takers as makers, and have lost sight of what value really means. Once a central plank of economic thought, this concept of value - what it is, why it matters to us - is simply no longer discussed. Yet, argues Mariana Mazzucato in this penetrating and passionate new book, if we are to reform capitalism - to radically transform an increasingly sick system rather than continue feeding it - we urgently need to rethink where wealth comes from. Who is creating it, who is extracting it, and who is destroying it? Answers to these questions are key if we want to replace the current parasitic system with a type of capitalism that is more sustainable, more symbiotic: that works for us all. The Value of Everything will reignite a long-needed debate about the kind of world we really want to live in.

Author : Paul Donovan
Publisher : Routledge
Page : 200 pages
File Size : 48,9 Mb
Release : 2015-03-27
Category : Business & Economics
ISBN : 9781317690047

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The Truth About Inflation by Paul Donovan Pdf

Inflation is a simple topic, in that the basic concepts are something that everyone can understand. However, inflation is not a simplistic topic. The composition of inflation and what the different inflation measures try to represent cannot be summarised with a single line on a chart or a casual reference to a solitary data point. Investors very often fail to understand the detail behind inflation, and end up making bad investment decisions as a result. The Truth About Inflation does not set out to forecast inflation, but to help improve its understanding, so that investors can make better decisions to achieve the real returns that they need. Starting with a summary of long history of inflation, the drivers of price change are considered. Many of the "urban myths" that have built up about inflation are shown to be a consequence of irrational judgement or political scaremongering. Some behaviour, like the unhealthy veneration of gold as a means of inflation protection, is shown to be the result of historical accident. In the modern era of lower nominal investment returns, inflation inequality (whereby some groups experience persistently higher inflation than others) is a very important consideration. This book sets out the realities of price changes in the modern investing environment, without using economic equations or jargon. It gives investors the framework they need to think about inflation and how to protect themselves against it, whether the aggregate inflation of the future rises or falls from current levels.

Author : N. Wariboko
Publisher : Springer
Page : 225 pages
File Size : 46,8 Mb
Release : 2014-11-06
Category : Philosophy
ISBN : 9781137475503

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Economics in Spirit and Truth by N. Wariboko Pdf

Wariboko offers a critical-philosophical perspective on the logics and dynamics of finance capital in the twenty-first century in order to craft a model of the care of the soul that will enable citizens to not only better negotiate their economic existences and moral evaluations within it, but also resist its negative impact on social life.