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Author: John Barkley Rosser Publisher: MIT Press ISBN: 9780262182348 Category : Business & Economics Languages : en Pages : 668
Book Description
The second edition of an innovative undergraduate textbook in Comparative Economic Systems that goes beyond the traditional dichotomies.
Author: John Barkley Rosser Publisher: MIT Press ISBN: 9780262182348 Category : Business & Economics Languages : en Pages : 668
Book Description
The second edition of an innovative undergraduate textbook in Comparative Economic Systems that goes beyond the traditional dichotomies.
Author: Richard D. Wolff Publisher: MIT Press ISBN: 0262517833 Category : Business & Economics Languages : en Pages : 425
Book Description
A systematic comparison of the 3 major economic theories—neoclassical, Keynesian, and Marxian—showing how they differ and why these differences matter in shaping economic theory and practice. Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. The authors identify each theory's starting point, its goals and foci, and its internal logic. They connect their comparative theory analysis to the larger policy issues that divide the rival camps of theorists around such central issues as the role government should play in the economy and the class structure of production, stressing the different analytical, policy, and social decisions that flow from each theory's conceptualization of economics. Building on their earlier book Economics: Marxian versus Neoclassical, the authors offer an expanded treatment of Keynesian economics and a comprehensive introduction to Marxian economics, including its class analysis of society. Beyond providing a systematic explanation of the logic and structure of standard neoclassical theory, they analyze recent extensions and developments of that theory around such topics as market imperfections, information economics, new theories of equilibrium, and behavioral economics, considering whether these advances represent new paradigms or merely adjustments to the standard theory. They also explain why economic reasoning has varied among these three approaches throughout the twentieth century, and why this variation continues today—as neoclassical views give way to new Keynesian approaches in the wake of the economic collapse of 2008.
Author: Prosper M. Bernard Publisher: Routledge ISBN: 9780367189495 Category : Commercial policy Languages : en Pages : 218
Book Description
This text, provides an interdisciplinary and international introduction to the study of political economy, looking at interests, institutions, ideas, and globalization through a rational choice framework.
Author: A. Zimbalist Publisher: Springer Science & Business Media ISBN: 940095638X Category : Business & Economics Languages : en Pages : 183
Book Description
3 edge, methods and theory. I turn now to some of my own reflections on this score. Some Reflections My first proposition is that if we are interested in analyzing the performance and dynamic properties of the world's economies, it is only at significant peril that comparative economists can overlook noneconomic or "political" factors. This is not to say that it is illegitimate to abstract from non-economic factors for particular purposes; rather, such abstraction should occur only with cogni zance of the influences being suppressed. I have argued elsewhere that the analytical compromise in suppressing noneconomic variables is greater for the study of planned than for market economies. [7] Borrowing from Polanyi [8], it is claimed that in market sys tems the economic sphere is disembedded from (separate and not subordinate to) the political, social and cultural spheres, while in planned systems the economic sphere is embedded in the noneconomic spheres. To be sure, market economies are strongly affected by political and cultural factors, but planned economies have and often exercise the potential to let political goals dominate in making production, allocational, or distributional choices. Indeed, it is difficult in practice to separate out what are political and what are economic decisions in planned systems.
Author: Peter A. Hall Publisher: Oxford University Press ISBN: 0199247749 Category : Business & Economics Languages : en Pages : 557
Book Description
Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.
Author: Andrea Maneschi Publisher: Edward Elgar Publishing ISBN: 9781781956243 Category : Business & Economics Languages : en Pages : 276
Book Description
'Historians of international trade and trade theory, intellectual historians, and students of trade theory will all benefit from Andrea Maneschi's masterful work, which takes the reader through a considerable amount of the primary literature and presents technical models of international trade with great clarity.' - Sandra Peart, The International History Review
Author: Ҫınla Akdere Publisher: Routledge ISBN: 1351865587 Category : Business & Economics Languages : en Pages : 267
Book Description
Since the Middle Ages, literature has portrayed the economic world in poetry, drama, stories and novels. The complexity of human realities highlights crucial aspects of the economy. The nexus linking characters to their economic environment is central in a new genre, the "economic novel", that puts forth economic choices and events to narrate social behavior, individual desires, and even non-economic decisions. For many authors, literary narration also offers a means to express critical viewpoints about economic development, for example in regards to its ecological or social ramifications. Conflicts of economic interest have social, political and moral causes and consequences. This book shows how economic and literary texts deal with similar subjects, and explores the ways in which economic ideas and metaphors shape literary texts, focusing on the analogies between economic theories and narrative structure in literature and drama. This volume also suggests that connecting literature and economics can help us find a common language to voice new, critical perspectives on crises and social change. Written by an impressive array of experts in their fields, Economics and Literature is an important read for those who study history of economic thought, economic theory and philosophy, as well as literary and critical theory.
Author: Richard R. Nelson Publisher: Harvard University Press ISBN: 9780674041431 Category : Business & Economics Languages : en Pages : 456
Book Description
This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
Author: Edward E. Leamer Publisher: MIT Press (MA) ISBN: Category : Business & Economics Languages : en Pages : 392
Book Description
This is the first book to present a clear empirical picture of the international exchange of goods and of the resources that account for the exchanges that occur. It fully articulates the Heckscher-Ohlin theory of international comparative advantage, in which a country's factor endowments (land, labor, capital) play a crucial role in determining trade patterns. The theory is carefully link to the book's analysis. Using tables, graphs, and econometric data summaries, Learner describes the patterns of trade and the patterns of resource supplies of fifty-nine countries and explains these trade patterns in terms of the abundance of eleven resources. His study should create a standard by which other data analyses will be judged in the future. Edward E. Learner is Professor of Economics at the University of California at Los Angeles.
Author: John Barkley Rosser
Author: John Barkley Rosser
Author: Richard D. Wolff
Author: Prosper M. Bernard
Author: A. Zimbalist
Author: David Ricardo
Author: Peter A. Hall
Author: Andrea Maneschi
Author: Ҫınla Akdere
Author: Richard R. Nelson
Author: Edward E. Leamer