The Four Pillars of Economic Understanding

The Four Pillars of Economic Understanding PDF Author: Peter J. Boettke
Publisher: American Institute for Economic Research
ISBN: 1630691976
Category : Business & Economics
Languages : en
Pages : 201

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Book Description
Economists have worked for centuries to present their core lessons to the general public in ways that are accurate and reflective of its true implications for our lives. Great economists, not always in the mainstream, have always known that economics is about the flourishing of human beings and the need for open societies that allow for experimentation, innovation, and the emergence of the order that only liberty can beget. In The Four Pillars of Economic Understanding, Peter J. Boettke has made a genuine contribution, building on the works of the great minds of the past to provide a new and unique presentation for the current age. This work puts every reader in the position of being Professor Boettke's student and holds the potential to be recognized as a seminal and classic statement concerning the implications of economics for our lives. The American Institute for Economic Research in Great Barrington, Massachusetts, was founded in 1933 as the first independent voice for sound economics in the United States. Today it publishes ongoing research, hosts educational programs, publishes books, sponsors interns and scholars, and is home to the world-renowned Bastiat Society and the highly respected Sound Money Project. The American Institute for Economic Research is a 501c3 public charity.

The Four Pillars of Economic Understanding

The Four Pillars of Economic Understanding PDF Author: Peter J. Boettke
Publisher: American Institute for Economic Research
ISBN: 1630691976
Category : Business & Economics
Languages : en
Pages : 201

Get Book Here

Book Description
Economists have worked for centuries to present their core lessons to the general public in ways that are accurate and reflective of its true implications for our lives. Great economists, not always in the mainstream, have always known that economics is about the flourishing of human beings and the need for open societies that allow for experimentation, innovation, and the emergence of the order that only liberty can beget. In The Four Pillars of Economic Understanding, Peter J. Boettke has made a genuine contribution, building on the works of the great minds of the past to provide a new and unique presentation for the current age. This work puts every reader in the position of being Professor Boettke's student and holds the potential to be recognized as a seminal and classic statement concerning the implications of economics for our lives. The American Institute for Economic Research in Great Barrington, Massachusetts, was founded in 1933 as the first independent voice for sound economics in the United States. Today it publishes ongoing research, hosts educational programs, publishes books, sponsors interns and scholars, and is home to the world-renowned Bastiat Society and the highly respected Sound Money Project. The American Institute for Economic Research is a 501c3 public charity.

The Four Pillars of Development: Money, Taxes, Trade and Governance

The Four Pillars of Development: Money, Taxes, Trade and Governance PDF Author: Jorge H. Moromisato
Publisher: Rogem Press
ISBN: 9781935903130
Category : Business & Economics
Languages : en
Pages : 568

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Book Description


Four Central Theories of the Market Economy

Four Central Theories of the Market Economy PDF Author: Farhad Rassekh
Publisher: Routledge
ISBN: 1134864590
Category : Business & Economics
Languages : en
Pages : 218

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Book Description
This highly original work offers an intellectual history of four central theories underlying the market economic system, focusing on their conception, evolution, and applications. Four Central Theories of the Market Economy traces the root of the theories, their conception and articulation, as well as their evolutions to the present time. It focuses on the four theories that are generally recognized as fundamental to the discipline of economics: the invisible hand, comparative advantage, the law of markets, and the quantity theory of money. These theories have profoundly influenced the world. Chapters explore their rich intellectual history from classical Greece to today, drawing on the original works of the great economic minds of the classical era and other thinkers who prepared the path for them, as well as those who refined their works or challenged them. This volume will leave the reader with a deep understanding of these pillars of the market economic system in the context of their historical development. This book will be of great interest to all scholars and students of economics who are interested in the intellectual history of their discipline as well as scholars and students of intellectual history who are interested in economics.

Pillars of Prosperity

Pillars of Prosperity PDF Author: Timothy Besley
Publisher: Princeton University Press
ISBN: 0691152683
Category : Business & Economics
Languages : en
Pages : 393

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Book Description
How nations can promote peace, prosperity, and stability through cohesive political institutions "Little else is required to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things." So wrote Adam Smith a quarter of a millennium ago. Using the tools of modern political economics and combining economic theory with a bird's-eye view of the data, this book reinterprets Smith's pillars of prosperity to explain the existence of development clusters—places that tend to combine effective state institutions, the absence of political violence, and high per-capita incomes. To achieve peace, the authors stress the avoidance of repressive government and civil conflict. Easy taxes, they argue, refers not to low taxes, but a tax system with widespread compliance that collects taxes at a reasonable cost from a broad base, like income. And a tolerable administration of justice is about legal infrastructure that can support the enforcement of contracts and property rights in line with the rule of law. The authors show that countries tend to enjoy all three pillars of prosperity when they have evolved cohesive political institutions that promote common interests, guaranteeing the provision of public goods. In line with much historical research, international conflict has also been an important force behind effective states by fostering common interests. The absence of common interests and/or cohesive political institutions can explain the existence of very different development clusters in fragile states that are plagued by poverty, violence, and weak state capacity.

The Four Pillars of Investing: Lessons for Building a Winning Portfolio

The Four Pillars of Investing: Lessons for Building a Winning Portfolio PDF Author: William J. Bernstein
Publisher: McGraw Hill Professional
ISBN: 9780071759175
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
The classic guide to constructing a solid portfolio—without a financial advisor! “With relatively little effort, you can design and assemble an investment portfolio that, because of its wide diversification and minimal expenses, will prove superior to the most professionally managed accounts. Great intelligence and good luck are not required.” William Bernstein’s commonsense approach to portfolio construction has served investors well during the past turbulent decade—and it’s what made The Four Pillars of Investing an instant classic when it was first published nearly a decade ago. This down-to-earth book lays out in easy-to-understand prose the four essential topics that every investor must master: the relationship of risk and reward, the history of the market, the psychology of the investor and the market, and the folly of taking financial advice from investment salespeople. Bernstein pulls back the curtain to reveal what really goes on in today’s financial industry as he outlines a simple program for building wealth while controlling risk. Straightforward in its presentation and generous in its real-life examples, The Four Pillars of Investing presents a no-nonsense discussion of: The art and science of mixing different asset classes into an effective blend The dangers of actively picking stocks, as opposed to investing in the whole market Behavioral finance and how state of mind can adversely affect decision making Reasons the mutual fund and brokerage industries, rather than your partners, are often your most direct competitors Strategies for managing all of your assets—savings, 401(k)s, home equity—as one portfolio Investing is not a destination. It is a journey, and along the way are stockbrokers, journalists, and mutual fund companies whose interests are diametrically opposed to yours. More relevant today than ever, The Four Pillars of Investing shows you how to determine your own financial direction and assemble an investment program with the sole goal of building long-term wealth for you and your family.

Living Economics

Living Economics PDF Author: Peter J. Boettke
Publisher:
ISBN: 9781598130751
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
" This lively book illuminates how economics affects all walks of life, whether in the marketplace, voting booth, church, family, or any human activity. Boettke believes that economics is not merely a game to be played by clever professionals, but a discipline that touches on the most pressing practical issues at any historical juncture. The wealth and poverty of nations are at stake; the length and quality of life turns on the economic conditions individuals find themselves living with. So teaching and learning economics are high stakes ventures"--Book cover.

The Experience Economy

The Experience Economy PDF Author: B. Joseph Pine
Publisher: Harvard Business Press
ISBN: 9780875848198
Category : Business & Economics
Languages : en
Pages : 276

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Book Description
This text seeks to raise the curtain on competitive pricing strategies and asserts that businesses often miss their best opportunity for providing consumers with what they want - an experience. It presents a strategy for companies to script and stage the experiences provided by their products.

Finance & Development, September 2014

Finance & Development, September 2014 PDF Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
ISBN: 1475566980
Category : Business & Economics
Languages : en
Pages : 60

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Book Description
This chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several years. Articles on the future of energy in the global economy by Jeffrey Ball and on measuring inequality by Jonathan Ostry and Andrew Berg are also illustrated. Since the 2008 global crisis, global economists must change the way they look at the world.

The Fourth Pillar of Sustainability

The Fourth Pillar of Sustainability PDF Author: Jon Hawkes
Publisher: Common Ground
ISBN: 1863350497
Category : Social Science
Languages : en
Pages : 80

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Book Description
Cultural vitality is an essential to a healthy and sustainable society as social equity, envrinmental responsibilty and economic viability. In order for public planning to be more effective, its methodology should include an integrated framework of cultural evaluation similar to social, environmental and economic assessment.

Economic Dignity

Economic Dignity PDF Author: Gene Sperling
Publisher: Penguin
ISBN: 1984879898
Category : Political Science
Languages : en
Pages : 385

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Book Description
“Timely and important . . . It should be our North Star for the recovery and beyond.” —Hillary Clinton “Sperling makes a forceful case that only by speaking to matters of the spirit can liberals root their belief in economic justice in people’s deepest aspirations—in their sense of purpose and self-worth.” —The New York Times When Gene Sperling was in charge of coordinating economic policy in the Obama White House, he found himself surprised when serious people in Washington told him that the Obama focus on health care was a distraction because it was “not focused on the economy.” How, he asked, was the fear felt by millions of Americans of being one serious illness away from financial ruin not considered an economic issue? Too often, Sperling found that we measured economic success by metrics like GDP instead of whether the economy was succeeding in lifting up the sense of meaning, purpose, fulfillment, and security of people. In Economic Dignity, Sperling frames the way forward in a time of wrenching change and offers a vision of an economy whose guiding light is the promotion of dignity for all Americans.