Author: Yasuma Takata
Publisher: Springer
ISBN: 1349149543
Category : Business & Economics
Languages : en
Pages : 229
Book Description
This volume examines central questions about the nature of economic theory, its historical development and its explanatory power. What determines economic distribution - can pure economic theory itself explain the fundamentals of distribution or is a broader economics incorporating theories of power in society necessary? The book presents the debate through classic statements of each position from two leading economists of the century, Joseph A. Schumpeter and Yasuma Takata. A substantive introduction from Michio Morishima assesses and places in context the work of both Schumpeter and Takata.
Power or Pure Economics?
Author: Yasuma Takata
Publisher: Springer
ISBN: 1349149543
Category : Business & Economics
Languages : en
Pages : 229
Book Description
This volume examines central questions about the nature of economic theory, its historical development and its explanatory power. What determines economic distribution - can pure economic theory itself explain the fundamentals of distribution or is a broader economics incorporating theories of power in society necessary? The book presents the debate through classic statements of each position from two leading economists of the century, Joseph A. Schumpeter and Yasuma Takata. A substantive introduction from Michio Morishima assesses and places in context the work of both Schumpeter and Takata.
Publisher: Springer
ISBN: 1349149543
Category : Business & Economics
Languages : en
Pages : 229
Book Description
This volume examines central questions about the nature of economic theory, its historical development and its explanatory power. What determines economic distribution - can pure economic theory itself explain the fundamentals of distribution or is a broader economics incorporating theories of power in society necessary? The book presents the debate through classic statements of each position from two leading economists of the century, Joseph A. Schumpeter and Yasuma Takata. A substantive introduction from Michio Morishima assesses and places in context the work of both Schumpeter and Takata.
Fundamentals of Power System Economics
Author: Daniel S. Kirschen
Publisher: John Wiley & Sons
ISBN: 1119213258
Category : Technology & Engineering
Languages : en
Pages : 344
Book Description
A new edition of the classic text explaining the fundamentals of competitive electricity markets—now updated to reflect the evolution of these markets and the large scale deployment of generation from renewable energy sources The introduction of competition in the generation and retail of electricity has changed the ways in which power systems function. The design and operation of successful competitive electricity markets requires a sound understanding of both power systems engineering and underlying economic principles of a competitive market. This extensively revised and updated edition of the classic text on power system economics explains the basic economic principles underpinning the design, operation, and planning of modern power systems in a competitive environment. It also discusses the economics of renewable energy sources in electricity markets, the provision of incentives, and the cost of integrating renewables in the grid. Fundamentals of Power System Economics, Second Edition looks at the fundamental concepts of microeconomics, organization, and operation of electricity markets, market participants’ strategies, operational reliability and ancillary services, network congestion and related LMP and transmission rights, transmission investment, and generation investment. It also expands the chapter on generation investments—discussing capacity mechanisms in more detail and the need for capacity markets aimed at ensuring that enough generation capacity is available when renewable energy sources are not producing due to lack of wind or sun. Retains the highly praised first edition’s focus and philosophy on the principles of competitive electricity markets and application of basic economics to power system operating and planning Includes an expanded chapter on power system operation that addresses the challenges stemming from the integration of renewable energy sources Addresses the need for additional flexibility and its provision by conventional generation, demand response, and energy storage Discusses the effects of the increased uncertainty on system operation Broadens its coverage of transmission investment and generation investment Updates end-of-chapter problems and accompanying solutions manual Fundamentals of Power System Economics, Second Edition is essential reading for graduate and undergraduate students, professors, practicing engineers, as well as all others who want to understand how economics and power system engineering interact.
Publisher: John Wiley & Sons
ISBN: 1119213258
Category : Technology & Engineering
Languages : en
Pages : 344
Book Description
A new edition of the classic text explaining the fundamentals of competitive electricity markets—now updated to reflect the evolution of these markets and the large scale deployment of generation from renewable energy sources The introduction of competition in the generation and retail of electricity has changed the ways in which power systems function. The design and operation of successful competitive electricity markets requires a sound understanding of both power systems engineering and underlying economic principles of a competitive market. This extensively revised and updated edition of the classic text on power system economics explains the basic economic principles underpinning the design, operation, and planning of modern power systems in a competitive environment. It also discusses the economics of renewable energy sources in electricity markets, the provision of incentives, and the cost of integrating renewables in the grid. Fundamentals of Power System Economics, Second Edition looks at the fundamental concepts of microeconomics, organization, and operation of electricity markets, market participants’ strategies, operational reliability and ancillary services, network congestion and related LMP and transmission rights, transmission investment, and generation investment. It also expands the chapter on generation investments—discussing capacity mechanisms in more detail and the need for capacity markets aimed at ensuring that enough generation capacity is available when renewable energy sources are not producing due to lack of wind or sun. Retains the highly praised first edition’s focus and philosophy on the principles of competitive electricity markets and application of basic economics to power system operating and planning Includes an expanded chapter on power system operation that addresses the challenges stemming from the integration of renewable energy sources Addresses the need for additional flexibility and its provision by conventional generation, demand response, and energy storage Discusses the effects of the increased uncertainty on system operation Broadens its coverage of transmission investment and generation investment Updates end-of-chapter problems and accompanying solutions manual Fundamentals of Power System Economics, Second Edition is essential reading for graduate and undergraduate students, professors, practicing engineers, as well as all others who want to understand how economics and power system engineering interact.
Investigation of Concentration of Economic Power
Author: United States. Congress. House. Temporary National Economic Committee
Publisher:
ISBN:
Category :
Languages : en
Pages : 426
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 426
Book Description
Economics as a Political Muse
Author: M.K. Deblonde
Publisher: Springer Science & Business Media
ISBN: 9401597677
Category : Philosophy
Languages : en
Pages : 225
Book Description
This book looks afresh, from a philosophical perspective, on the role economic theory plays in present-day ecological policy. It starts from fundamental questions concerning the nature of the problem of sustainability, of politics, and of economic science. It confronts the results of this investigation with the theoretical work of two prominent present-day economists. This book is written at a high academic level. It will be of interest to environmentalists, environmental economists, and for policy people charged with ecological problems.
Publisher: Springer Science & Business Media
ISBN: 9401597677
Category : Philosophy
Languages : en
Pages : 225
Book Description
This book looks afresh, from a philosophical perspective, on the role economic theory plays in present-day ecological policy. It starts from fundamental questions concerning the nature of the problem of sustainability, of politics, and of economic science. It confronts the results of this investigation with the theoretical work of two prominent present-day economists. This book is written at a high academic level. It will be of interest to environmentalists, environmental economists, and for policy people charged with ecological problems.
The Economy as a System of Power
Author: Warren Samuels
Publisher: Routledge
ISBN: 1351483285
Category : Business & Economics
Languages : en
Pages : 424
Book Description
This collection brings together important materials concerning the study of the economy as a system of power, offering a sample of positions taken by contributors to the Journal of Economic Issues in response to the perceived problems of the social control of corporate power.
Publisher: Routledge
ISBN: 1351483285
Category : Business & Economics
Languages : en
Pages : 424
Book Description
This collection brings together important materials concerning the study of the economy as a system of power, offering a sample of positions taken by contributors to the Journal of Economic Issues in response to the perceived problems of the social control of corporate power.
Power and Energy Systems Engineering Economics
Author: Panos Konstantin
Publisher: Springer
ISBN: 3319723839
Category : Business & Economics
Languages : en
Pages : 188
Book Description
Power and Energy industry is a highly capital intensive business field. Furthermore there is a very close interlinkage between technologies and economics that requires engineers and economists to have a common understanding of project evaluation approaches and methodologies. The book’s overall objective is to provide a comprehensive but concise coverage of engineering economics required for techno-economic evaluation of investments in power and energy system projects. Throughout the book, the emphasis is on transferring practical know-how rather than pure theoretical knowledge. This is also demonstrated in numerous examples derived from experience of respective projects. The book comprises seven chapters. The text part is supported by about 25 tables, 40 figures, 55 application examples and 7 Case Studies. Target audience of the book are primarily international consultants, staff members of engineering companies, utility personnel, energy economists and lawyers, as well as employees of government agencies entrusted with regulating the energy and utility sector and, finally, students in related fields of engineering and economics.
Publisher: Springer
ISBN: 3319723839
Category : Business & Economics
Languages : en
Pages : 188
Book Description
Power and Energy industry is a highly capital intensive business field. Furthermore there is a very close interlinkage between technologies and economics that requires engineers and economists to have a common understanding of project evaluation approaches and methodologies. The book’s overall objective is to provide a comprehensive but concise coverage of engineering economics required for techno-economic evaluation of investments in power and energy system projects. Throughout the book, the emphasis is on transferring practical know-how rather than pure theoretical knowledge. This is also demonstrated in numerous examples derived from experience of respective projects. The book comprises seven chapters. The text part is supported by about 25 tables, 40 figures, 55 application examples and 7 Case Studies. Target audience of the book are primarily international consultants, staff members of engineering companies, utility personnel, energy economists and lawyers, as well as employees of government agencies entrusted with regulating the energy and utility sector and, finally, students in related fields of engineering and economics.
Economics for Beginners
Author: Andy Prentice
Publisher: Usborne Publishing Ltd
ISBN: 1801313830
Category : Juvenile Nonfiction
Languages : en
Pages : 134
Book Description
Nobody has everything they need, all the time – so how can we make do with what we have? Economics is all about understanding the choices we make to solve this problem. With bright, infographics pictures, this informative book describes why markets are so important, how businesses work out what to sell, and how governments choose how to run a country. Includes Usborne Quicklinks to specially selected websites for more information.
Publisher: Usborne Publishing Ltd
ISBN: 1801313830
Category : Juvenile Nonfiction
Languages : en
Pages : 134
Book Description
Nobody has everything they need, all the time – so how can we make do with what we have? Economics is all about understanding the choices we make to solve this problem. With bright, infographics pictures, this informative book describes why markets are so important, how businesses work out what to sell, and how governments choose how to run a country. Includes Usborne Quicklinks to specially selected websites for more information.
Power Economics
Author: Elena Cahill
Publisher: John Wiley & Sons
ISBN: 1119708079
Category : Business & Economics
Languages : en
Pages : 242
Book Description
Energy efficiency is more of a journey than a battle. It starts with small steps, taken at the local and state levels. It is a matter of identifying and then practicing good habits in our daily lives, at home and at work. Every idea and process described in this book, if performed reasonably well, will put money in your pocket. You will not only save money; you will probably make money—and you will take important steps toward saving the planet. Power Economics is a book for thoughtful people who want to cut their energy costs and diminish the harmful effects of greenhouse gas emissions. Climate change and global warming are not speculative fantasies. They are real. They threaten communities, towns, cities, regions, nations, and continents. Even if you don't care about polar bears and penguins, the effects of melting icecaps and shifting ocean currents will transform your life and the lives of the people around you. Power Economics offers practical steps and achievable strategies for reducing the destructive impact of climate change and global warming. Yes, we need energy to live and to sustain our economies. But we don’t need to burn fossil fuels and release CO2 gas at levels that will result in a global catastrophe. There are reasonable alternatives to our current practices. None of the ideas that described in this book are entirely new or totally unfamiliar. They aren't extreme or bizarre. They won't require harsh or draconian measures to work. All of them follow basic rules of common sense and can be achieved at reasonable cost. "I have done my best to convey the complexity and urgency of the matter. I hope that you find this book informative and useful. Working together, we can shed many of our wasteful energy habits and begin the task of building a world that is safe, sustainable and healthy," writes author and energy expert Elena Cahill.
Publisher: John Wiley & Sons
ISBN: 1119708079
Category : Business & Economics
Languages : en
Pages : 242
Book Description
Energy efficiency is more of a journey than a battle. It starts with small steps, taken at the local and state levels. It is a matter of identifying and then practicing good habits in our daily lives, at home and at work. Every idea and process described in this book, if performed reasonably well, will put money in your pocket. You will not only save money; you will probably make money—and you will take important steps toward saving the planet. Power Economics is a book for thoughtful people who want to cut their energy costs and diminish the harmful effects of greenhouse gas emissions. Climate change and global warming are not speculative fantasies. They are real. They threaten communities, towns, cities, regions, nations, and continents. Even if you don't care about polar bears and penguins, the effects of melting icecaps and shifting ocean currents will transform your life and the lives of the people around you. Power Economics offers practical steps and achievable strategies for reducing the destructive impact of climate change and global warming. Yes, we need energy to live and to sustain our economies. But we don’t need to burn fossil fuels and release CO2 gas at levels that will result in a global catastrophe. There are reasonable alternatives to our current practices. None of the ideas that described in this book are entirely new or totally unfamiliar. They aren't extreme or bizarre. They won't require harsh or draconian measures to work. All of them follow basic rules of common sense and can be achieved at reasonable cost. "I have done my best to convey the complexity and urgency of the matter. I hope that you find this book informative and useful. Working together, we can shed many of our wasteful energy habits and begin the task of building a world that is safe, sustainable and healthy," writes author and energy expert Elena Cahill.
Imperfect Markets and Imperfect Regulation
Author: Thomas-Olivier Leautier
Publisher: MIT Press
ISBN: 0262039281
Category : Business & Economics
Languages : en
Pages : 413
Book Description
The first textbook to present a comprehensive and detailed economic analysis of electricity markets, analyzing the tensions between microeconomics and political economy. The power industry is essential in our fight against climate change. This book is the first to examine in detail the microeconomics underlying power markets, stemming from peak-load pricing, by which prices are low when the installed generation capacity exceeds demand but can rise a hundred times higher when demand is equal to installed capacity. The outcome of peak-load pricing is often difficult to accept politically, and the book explores the tensions between microeconomics and political economy. Understanding peak-load pricing and its implications is essential for designing robust policies and making sound investment decisions. Thomas-Olivier Léautier presents the model in its simplest form, and introduces additional features as different issues are presented. The book covers all segments of electricity markets: electricity generation, under perfect and imperfect competition; retail competition and demand response; transmission pricing, transmission congestion management, and transmission constraints; and the current policy issues arising from the entry of renewables into the market and capacity mechanisms. Combining anecdotes and analysis of real situations with rigorous analytical modeling, each chapter analyzes one specific issue, first presenting findings in nontechnical terms accessible to policy practitioners and graduate students in management or public policy and then presenting a more mathematical analytical exposition for students and researchers specializing in the economics of electricity markets and for those who want to understand and apply the underlying models.
Publisher: MIT Press
ISBN: 0262039281
Category : Business & Economics
Languages : en
Pages : 413
Book Description
The first textbook to present a comprehensive and detailed economic analysis of electricity markets, analyzing the tensions between microeconomics and political economy. The power industry is essential in our fight against climate change. This book is the first to examine in detail the microeconomics underlying power markets, stemming from peak-load pricing, by which prices are low when the installed generation capacity exceeds demand but can rise a hundred times higher when demand is equal to installed capacity. The outcome of peak-load pricing is often difficult to accept politically, and the book explores the tensions between microeconomics and political economy. Understanding peak-load pricing and its implications is essential for designing robust policies and making sound investment decisions. Thomas-Olivier Léautier presents the model in its simplest form, and introduces additional features as different issues are presented. The book covers all segments of electricity markets: electricity generation, under perfect and imperfect competition; retail competition and demand response; transmission pricing, transmission congestion management, and transmission constraints; and the current policy issues arising from the entry of renewables into the market and capacity mechanisms. Combining anecdotes and analysis of real situations with rigorous analytical modeling, each chapter analyzes one specific issue, first presenting findings in nontechnical terms accessible to policy practitioners and graduate students in management or public policy and then presenting a more mathematical analytical exposition for students and researchers specializing in the economics of electricity markets and for those who want to understand and apply the underlying models.
Power and Plenty
Author: Ronald Findlay
Publisher: Princeton University Press
ISBN: 1400831881
Category : Business & Economics
Languages : en
Pages : 648
Book Description
International trade has shaped the modern world, yet until now no single book has been available for both economists and general readers that traces the history of the international economy from its earliest beginnings to the present day. Power and Plenty fills this gap, providing the first full account of world trade and development over the course of the last millennium. Ronald Findlay and Kevin O'Rourke examine the successive waves of globalization and "deglobalization" that have occurred during the past thousand years, looking closely at the technological and political causes behind these long-term trends. They show how the expansion and contraction of the world economy has been directly tied to the two-way interplay of trade and geopolitics, and how war and peace have been critical determinants of international trade over the very long run. The story they tell is sweeping in scope, one that links the emergence of the Western economies with economic and political developments throughout Eurasia centuries ago. Drawing extensively upon empirical evidence and informing their systematic analysis with insights from contemporary economic theory, Findlay and O'Rourke demonstrate the close interrelationships of trade and warfare, the mutual interdependence of the world's different regions, and the crucial role these factors have played in explaining modern economic growth. Power and Plenty is a must-read for anyone seeking to understand the origins of today's international economy, the forces that continue to shape it, and the economic and political challenges confronting policymakers in the twenty-first century.
Publisher: Princeton University Press
ISBN: 1400831881
Category : Business & Economics
Languages : en
Pages : 648
Book Description
International trade has shaped the modern world, yet until now no single book has been available for both economists and general readers that traces the history of the international economy from its earliest beginnings to the present day. Power and Plenty fills this gap, providing the first full account of world trade and development over the course of the last millennium. Ronald Findlay and Kevin O'Rourke examine the successive waves of globalization and "deglobalization" that have occurred during the past thousand years, looking closely at the technological and political causes behind these long-term trends. They show how the expansion and contraction of the world economy has been directly tied to the two-way interplay of trade and geopolitics, and how war and peace have been critical determinants of international trade over the very long run. The story they tell is sweeping in scope, one that links the emergence of the Western economies with economic and political developments throughout Eurasia centuries ago. Drawing extensively upon empirical evidence and informing their systematic analysis with insights from contemporary economic theory, Findlay and O'Rourke demonstrate the close interrelationships of trade and warfare, the mutual interdependence of the world's different regions, and the crucial role these factors have played in explaining modern economic growth. Power and Plenty is a must-read for anyone seeking to understand the origins of today's international economy, the forces that continue to shape it, and the economic and political challenges confronting policymakers in the twenty-first century.