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Author: Fred Harrison
Publisher: Shepheard-Walwyn
ISBN: 0856833150
Category : Political Science
Languages : en
Pages : 334
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Book Description
Presenting insights into how income and wealth are produced and distributed, this study analyzes how, despite two centuries of capital accumulation, poverty persists in rich nations. Relying on the theories of David Ricardo—a 19th-century economist credited with developing the theory of rent—a thorough presentation of the history of this economic law, from the inscriptions on the clay tablets of ancient Babylonian merchants to statistics that portray the modern economy, is provided. Presenting readers with conceptual tools that will motivate them to reengage in the democratic process, this examination dispels the myths of contemporary fiscal policy while providing keen insights into the history, and future, of economics.
Author: Fred Harrison
Publisher: Shepheard-Walwyn
ISBN: 0856833150
Category : Political Science
Languages : en
Pages : 334
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Book Description
Presenting insights into how income and wealth are produced and distributed, this study analyzes how, despite two centuries of capital accumulation, poverty persists in rich nations. Relying on the theories of David Ricardo—a 19th-century economist credited with developing the theory of rent—a thorough presentation of the history of this economic law, from the inscriptions on the clay tablets of ancient Babylonian merchants to statistics that portray the modern economy, is provided. Presenting readers with conceptual tools that will motivate them to reengage in the democratic process, this examination dispels the myths of contemporary fiscal policy while providing keen insights into the history, and future, of economics.
Author: David Ricardo
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 566
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Book Description
Author: Michio Morishima
Publisher: Cambridge University Press
ISBN: 9780521396882
Category : Business & Economics
Languages : en
Pages : 268
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Book Description
This book, together with Marx's Economic and Walras' Economics, completes a sequence of titles by Professor Morishima on the first generation of scientific economists. The author's assessment of Ricardo differs substantially from the established views adopted by economists and historians of economic thought. While economists such as Pasinetti, Caravale and Samuelson have concentrated on macroeconomic interpretations of Ricardo, and historians of economic thought have emphasised his labour theory of value, Morishima takes a different course. In this book the author concentrates on Ricardo's main work, The Principles, and shows that his economics is the prototype of mathematical economies without the symbols and formulae. Morishima then translates Ricardo's economics into mathematical language to find a general equilibrium system (very similar to Walras') concealed within. The analysis also contradicts the conventional view that marginalism emerged in opposition to classical economics, showing instead that Ricardian analysis is firmly based on marginalist principles, using prices, wages and profits rather than labour values. The book ends with a discussion of the historical character of economic theory and an attempt to specify the epoch of Ricardian economics.
Author: Alessandro Roncaglia
Publisher: Cambridge University Press
ISBN: 110717533X
Category : Business & Economics
Languages : en
Pages : 321
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Book Description
A clear and concise history of economic thought, developed from the author's award-winning book, The Wealth of Ideas.
Author: Mats Lundahl
Publisher: Routledge
ISBN: 1000297705
Category : Business & Economics
Languages : en
Pages : 193
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Book Description
Poverty in the History of Economic Thought: From Mercantilism to Neoclassical Economics aims to describe and critically examine how economic thought deals with poverty and the poor, including its causes, consequences, reduction, and abolition. This edited volume traces the economic ideas of key writers and schools of thought across a significant period, ranging from Adam Smith and Malthus through to Wicksell, Cassel, and Heckscher. The chapters relate poverty to income distribution, asserting that poverty is not always conceived of in absolute terms, and that relative and social deprivation matter also. Furthermore, the contributors deal with both individual poverty and the poverty of nations in the context of international economy. By providing such a thorough exploration, this book shows that the approach to poverty differs from economist to economist, depending on their particular interests and the main issues related to poverty in each epoch, as well as the influence of the intellectual climate that prevailed at the time when the contribution was made. This key text is valuable reading for advanced students and researchers of the history of economic thought, economic development, and the economics of poverty.
Author: Ghislain Deleplace
Publisher: Routledge
ISBN: 1351801953
Category : Business & Economics
Languages : en
Pages : 288
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Book Description
Despite his achievements, David Ricardo’s views on money have often been misunderstood and underappreciated. His advanced ideas had to wait until the twentieth century to be applied, and most historians of economic thought continue to consider him as an obsolete orthodox. The last book devoted in tribute to Ricardo as a monetary economist was published more than 25 years ago. Ricardo on Money encompasses the whole of Ricardo’s writings on currency, whether in print, unpublished notes, correspondence, or reported parliamentary speeches and evidence. The aim of the book is at rehabilitating Ricardo as an unorthodox theorist on money and suggesting his relevance for modern analysis. It is divided into three parts: history, theory and policy. The first describes the factual and intellectual context of Ricardo’s monetary writings. The second part puts the concept of standard centre stage and clarifies how, according to Ricardo, the standard regulated the quantity – and hence the value – of money. The final part shows that Ricardo relied on the active management of paper money rather than on flows of bullion and commodities to produce international adjustment and guarantee the security of the monetary system. Published to coincide with the 200th anniversary of the publication of On the Principles of Political Economy, and Taxation, this book will be of great interest to all historians of economic thought and scholars of monetary economics.
Author: Robert L. Heilbroner
Publisher:
ISBN: 9780671201517
Category : Economics
Languages : en
Pages : 324
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Book Description
Introduction.--The economic revolution.--The wonderful world of Adam Smith.--The gloomy world of Parson Malthus and David Ricardo.--The beautiful world of the Utopian socialists.--The inexorable world of Karl Marx.--The Victorian world and the underworld of economics.--The savage world of Thorstein Veblen.--The sick world of John Maynard Keynes.--The modern world.--Beyond the economic revolution.--A guide to further reading (p. 320-326).
Author: Ronald W. Jones
Publisher: Springer
ISBN: 3319606069
Category : Business & Economics
Languages : en
Pages : 273
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Book Description
This book offers a comprehensive and insightful reflection on David Ricardo’s ingenious theory of international trade. Divided into three parts, Part I presents the “birthday boy”, his concept and the many applications and insights that have been derived from it, particularly in modern times. Part II explores in depth important aspects of the Ricardian trade theory through the eyes and experience of leading experts on international trade theory, taking into account the latest research in the field. Lastly, Part III discusses current challenges of globalization in the light of Ricardian trade theory and includes the original "On Foreign Trade" written and published by David Ricardo in 1817.
Author: Musa Jega Ibrahim
Publisher: BoD – Books on Demand
ISBN: 9535135295
Category : Business & Economics
Languages : en
Pages : 101
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Book Description
Economics is about understanding the rational behaviour of economic agents (households, firms, industries and government) in their decisions to achieve best outcomes of their goals and aspirations. They collectively converge to achieve the utmost economic and social benefits for all in the country in terms of economic growth and development. Economic growth and development occur through efficient use of available resources to meet effective demand and social needs. The challenge that countries are facing is proper application of appropriate policy mix to optimize the opportunities of increasingly interdependent global economic landscape. For emerging economies, a multiple sector strategy that propels economic transformation is crucial. This needs to be predicated on robust macroeconomic policy framework that aligns with global production and consumption activities to drive economic growth process for achieving sustainable development.
Author: George Curtis
Publisher: Shepheard-Walwyn Publishers
ISBN: 9780856835254
Category : Land value taxation
Languages : en
Pages : 0
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Book Description
Ending poverty is not just an economic issue, but a moral one as well. Across Europe, politicians and economists remain locked into micromanaging the welfare state established post-war, tweaking it here and tweaking it there to ameliorate the consequences of poverty, but failing to end poverty. Instead of focusing on consequences, George Curtis seeks the cause of poverty. This was laid bare in a book, Progress and Poverty, by an American economist, Henry George, in 1879. Two years later, without any prior knowledge of George's work, an Irish bishop, Thomas Nulty, came to the same conclusion from a theological point of view. Yet despite poverty remaining a crisis in today's 21st century society, the moral and economic arguments made by George have remained unaddressed. Curtis regenerates George's ideas, recognising that the cause of poverty is entrenched throughout the world in a widely accepted social institution, just as slavery once was. As Mandela recognised, ending poverty is first and foremost a moral issue: "Overcoming poverty is not a task of charity, it is an act of justice." Henry George argued that a true understanding of Christianity led to the conclusion that the "right of property, originating in the right of the individual to himself, is the only full and complete right of property. It attaches to things produced by labor, but cannot attach to things produced by God." A Financial Times article in 2009 by the economist, John Kay, revealed the significance: "You can become wealthy by creating wealth or by appropriating the wealth created by other people. When the appropriation of the wealth is illegal it is called theft or fraud. When it is legal economists call it rent-seeking." As the Nobel laureate, Joseph Stiglitz, points out: "One of the most important but underappreciated ideas in economics is the Henry George principle of taxing the economic rent of land." George Curtis analyses Henry George's remedy for poverty with a fine balance between Christian moral sensitivity and economic pragmatism, observing its effect on Christian social teaching, and its relevance in addressing the contemporary nature of poverty. Poverty is not Natural demon-strates that what is morally right is also the most economically efficient.
