A Case for Cardinal Utility and Non-arbitrary Choice of Commodity Units

A Case for Cardinal Utility and Non-arbitrary Choice of Commodity Units PDF Author: Yew-Kwang Ng
Publisher:
ISBN:
Category : Decision-making
Languages : en
Pages : 54

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A Case for Cardinal Utility and Non-arbitrary Choice of Commodity Units

A Case for Cardinal Utility and Non-arbitrary Choice of Commodity Units PDF Author: Yew-Kwang Ng
Publisher:
ISBN:
Category : Decision-making
Languages : en
Pages : 54

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Book Description


Social Fairness and Economics

Social Fairness and Economics PDF Author: Lance Taylor
Publisher: Routledge
ISBN: 1136270876
Category : Business & Economics
Languages : en
Pages : 427

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Book Description
This volume brings together papers inspired by the work of Duncan Foley, an extraordinarily productive economist who has made seminal contributions to a wide variety of areas. Foley’s work cannot be easily classified, but one thread that runs through it is a critical examination (along both ethical and analytical lines) of conventional neoclassical economic theory, particularly involving general equilibrium theories of value and money. Foley was a pioneer of complexity economics as well, which adopts approaches to these questions drawn from natural sciences, so the collection therefore has an interdisciplinary quality that will interest a wide variety of readers. Some of the chapters are intellectual biographies that contextualize and identify Foley’s contributions to Keynesian macroeconomics, Marxian value theory, and complexity theory in economics. The topics covered include the economics of complexity; the ethics of general equilibrium theory; the economics of climate change; applications of Keynesian, Marxian and Ricardian political economy; and money and financial crises. The collection should be useful to scholars who work in various economic traditions critical of the currently dominant free-market approach, but it also speaks to scholars of critical theory in various disciplines beyond economics such as the mathematicians, physicists, and other natural scientists who are interested in understanding the complexity of social processes using their analytical frameworks. This book should also appeal to graduate students in economics who are working in these traditions, as well as scholars (including current graduate students in orthodox programs) who are dissatisfied with the current state of economic theory and would like to satisfy their intellectual curiosity by sampling the contributions of critical theorists.

The Bankruptcy of Economics: Ecology, Economics and the Sustainability of the Earth

The Bankruptcy of Economics: Ecology, Economics and the Sustainability of the Earth PDF Author: Joseph Wayne Smith
Publisher: Springer
ISBN: 1349275697
Category : Business & Economics
Languages : en
Pages : 202

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Book Description
We live in times of uncertainty and insecurity, at a personal, national and global level. Writers such as Samuel P. Huntington and Robert D. Kaplan, respectively, have spoken of an emerging 'clash of civilizations' and of 'coming anarchy'. This book is also concerned with the future of civilization, in particular with the conflict between economic growth and the sustainability of the biophysical lifesupport systems of the planet, arguing that the flawed system of orthodox neo-classical economics has justified the modernist belief in the necessity of unending economic growth and the ceaseless exploitation of nature.

Welfare Economics

Welfare Economics PDF Author: Y. Ng
Publisher: Springer
ISBN: 1403944067
Category : Business & Economics
Languages : en
Pages : 366

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Book Description
Yew-Kwang Ng looks to make welfare economics more complete by discussing the recent inframarginal analysis of division of labour and by pushing welfare economics from the level of preference to that of happiness, making a reformulation of the foundation of public policy necessary. A theory of the third best is provided, with extension to the equality/efficiency issue. The remarkable conclusion of treating a dollar as a dollar provides a powerful simplification of public policy formulation in general and in cost-benefit analysis in particular.

The Paradox of Interpersonal Cardinal Utility

The Paradox of Interpersonal Cardinal Utility PDF Author: Yew-Kwang Ng
Publisher:
ISBN:
Category : Utility theory
Languages : en
Pages : 48

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Increasing Returns and Economic Efficiency

Increasing Returns and Economic Efficiency PDF Author: Y. Ng
Publisher: Springer
ISBN: 0230236812
Category : Business & Economics
Languages : en
Pages : 213

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Book Description
Recognizing increasing returns disrupts much of the established wisdom in economic analysis, making money non-neutral, equity conflict with freedom, and encouraging goods with increasing returns efficient. This book discusses these problems and ways they can be handled, helping to explain phenomena in the real world.

Pursuit of Relative Utility in General Competitive Equilibrium

Pursuit of Relative Utility in General Competitive Equilibrium PDF Author: Jianguo Wang
Publisher:
ISBN:
Category : Equilibrium (Economics)
Languages : en
Pages : 46

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Costing the Job Compact

Costing the Job Compact PDF Author: John Piggott
Publisher:
ISBN:
Category : Hard-core unemployed
Languages : en
Pages : 56

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High Youth Wages Can Generate Cyclical and General Unemployment

High Youth Wages Can Generate Cyclical and General Unemployment PDF Author: Murray C. Kemp
Publisher:
ISBN:
Category : Unemployment
Languages : en
Pages : 36

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Mandatory Retirement Saving

Mandatory Retirement Saving PDF Author: Hazel Bateman
Publisher:
ISBN:
Category : Pension trusts
Languages : en
Pages : 66

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