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Author: Mancur Olson
Publisher: Oxford University Press, USA
ISBN: 0198293690
Category : Business & Economics
Languages : en
Pages : 287
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Book Description
Modern economics is like a metropolitan area. Economists' ideas about business and markets are like the magnificent buildings of the city centre. Yet most growth and prosperity is in the suburbs -- lately many of economics' greatest successes have been outside the traditional boundaries of the discipline. In the study of law, economic ideas have been the intellectual focus and `law and economics' has become a major field. In the study of politics, economists and politicalscientists using economics-type methods are uniquely influential. In sociology and history, economics has had a smaller but growing influence through `rational choice sociology' and `cliometrics'. The influence of the economists type thinking in other social sciences is bringing about a theoreticalintegration of all the social sciences under one overarching paradigm. The chapters of the book illustrate the intellectual advances that account for this unified view of economies and societies.
Author: Mancur Olson
Publisher: Oxford University Press, USA
ISBN: 0198293690
Category : Business & Economics
Languages : en
Pages : 287
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Book Description
Modern economics is like a metropolitan area. Economists' ideas about business and markets are like the magnificent buildings of the city centre. Yet most growth and prosperity is in the suburbs -- lately many of economics' greatest successes have been outside the traditional boundaries of the discipline. In the study of law, economic ideas have been the intellectual focus and `law and economics' has become a major field. In the study of politics, economists and politicalscientists using economics-type methods are uniquely influential. In sociology and history, economics has had a smaller but growing influence through `rational choice sociology' and `cliometrics'. The influence of the economists type thinking in other social sciences is bringing about a theoreticalintegration of all the social sciences under one overarching paradigm. The chapters of the book illustrate the intellectual advances that account for this unified view of economies and societies.
Author: Stephen A. Marglin
Publisher: Harvard University Press
ISBN: 9780674026544
Category : Business & Economics
Languages : en
Pages : 384
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Book Description
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.
Author: David M. Levy
Publisher: University of Michigan Press
ISBN: 9780472089055
Category : Business & Economics
Languages : en
Pages : 340
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Book Description
A shocking account of how economics became known as the dismal science
Author: Diane Coyle
Publisher: Princeton University Press
ISBN: 0691231036
Category : Business & Economics
Languages : en
Pages : 272
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Book Description
How economics needs to change to keep pace with the twenty-first century and the digital economy Digital technology, big data, big tech, machine learning, and AI are revolutionizing both the tools of economics and the phenomena it seeks to measure, understand, and shape. In Cogs and Monsters, Diane Coyle explores the enormous problems—but also opportunities—facing economics today and examines what it must do to help policymakers solve the world’s crises, from pandemic recovery and inequality to slow growth and the climate emergency. Mainstream economics, Coyle says, still assumes people are “cogs”—self-interested, calculating, independent agents interacting in defined contexts. But the digital economy is much more characterized by “monsters”—untethered, snowballing, and socially influenced unknowns. What is worse, by treating people as cogs, economics is creating its own monsters, leaving itself without the tools to understand the new problems it faces. In response, Coyle asks whether economic individualism is still valid in the digital economy, whether we need to measure growth and progress in new ways, and whether economics can ever be objective, since it influences what it analyzes. Just as important, the discipline needs to correct its striking lack of diversity and inclusion if it is to be able to offer new solutions to new problems. Filled with original insights, Cogs and Monsters offers a road map for how economics can adapt to the rewiring of society, including by digital technologies, and realize its potential to play a hugely positive role in the twenty-first century.
Author: Alexander Tabarrok
Publisher: Oxford University Press, USA
ISBN: 0195150287
Category : Business & Economics
Languages : en
Pages : 329
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Book Description
This intriguing collection is designed to show how economists can play a more active role in designing and directing the nation's social institutions. By taking the task of political economy seriously, the contributors (including some of today's most distinguished economists) reveal the power of economic thought to offer innovative solutions to some of the most difficult problems facing society today. By creating markets where none existed before, the authors propose efficient, reliable, and profitable improvements to current systems of health insurance, financial markets, human organ distribution, judicial practice, bankruptcy and securities regulation, patenting, and transportation. Written in the entrepreneurial spirit, these essays show economics to be an ambitious, dynamic, and far-from-dismal science.
Author: Charles Wheelan
Publisher: W. W. Norton & Company
ISBN: 0393324869
Category : Business & Economics
Languages : en
Pages : 385
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Book Description
Seeks to provide an engaging and comprehensive primer to economics that explains key concepts without technical jargon and using common-sense examples.
Author: Dani Rodrik
Publisher: Oxford University Press, USA
ISBN: 0198736894
Category : Business & Economics
Languages : en
Pages : 268
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Book Description
A leading economist trains a lens on his own discipline to uncover when it fails and when it works.
Author: Mancur Olson
Publisher: OUP Oxford
ISBN: 0191522147
Category : Business & Economics
Languages : en
Pages : 287
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Book Description
Modern economics is like a metropolitan area. Economists' ideas about business and markets are like the magnificent buildings of the city centre. Yet most growth and prosperity is in the suburbs — lately many of economics' greatest successes have been outside the traditional boundaries of the discipline. In the study of law, economic ideas have been the intellectual focus and `law and economics' has become a major field. In the study of politics, economists and political scientists using economics-type methods are uniquely influential. In sociology and history, economics has had a smaller but growing influence through `rational choice sociology' and `cliometrics'. The influence of the economists type thinking in other social sciences is bringing about a theoretical integration of all the social sciences under one overarching paradigm. The chapters of the book illustrate the intellectual advances that account for this unified view of economies and societies.
Author: Deirdre Nansen McCloskey
Publisher: University of Chicago Press
ISBN: 022677144X
Category : Business & Economics
Languages : en
Pages : 158
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Book Description
Deirdre Nansen McCloskey's latest meticulous work examines how economics can become a more "human" science. Economic historian Deirdre Nansen McCloskey has distinguished herself through her writing on the Great Enrichment and the betterment of the poor—not just materially but spiritually. In Bettering Humanomics she continues her intellectually playful yet rigorous analysis with a focus on humans rather than the institutions. Going against the grain of contemporary neo-institutional and behavioral economics which privilege observation over understanding, she asserts her vision of “humanomics,” which draws on the work of Bart Wilson, Vernon Smith, and most prominently, Adam Smith. She argues for an economics that uses a comprehensive understanding of human action beyond behaviorism. McCloskey clearly articulates her points of contention with believers in “imperfections,” from Samuelson to Stiglitz, claiming that they have neglected scientific analysis in their haste to diagnose the ills of the system. In an engaging and erudite manner, she reaffirms the global successes of market-tested betterment and calls for empirical investigation that advances from material incentives to an awareness of the human within historical and ethical frameworks. Bettering Humanomics offers a critique of contemporary economics and a proposal for an economics as a better human science.
Author: Thomas Carlyle
Publisher:
ISBN:
Category : Black people
Languages : en
Pages : 68
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Book Description
