Imagining Economics Otherwise PDF Download

Author: Nitasha Kaul
Publisher: Routledge
ISBN: 1134175310
Category : Business & Economics
Languages : en
Pages : 361

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Book Description
It is possible to beirrational without beinguneconomic ? What is the link betweenValue andvalues ? What do economists do when theyexplain ? We live in times when the economic logic has become unquestionable and all-powerful so that our quotidian economic experiences are defined by their scientific construal. This book is the result of a

Author: Nitasha Kaul
Publisher: Routledge
ISBN: 1134175329
Category : Business & Economics
Languages : en
Pages : 302

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Book Description
The result of a multifaceted investigation into the nature of knowledge produced by economics, this book re-examines certain understood ways of thinking about economics as a discipline, especially in relation to questions of identity and difference.

Author: Kandice Chuh
Publisher: Duke University Press
ISBN: 9780822331407
Category : History
Languages : en
Pages : 236

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Book Description
DIVA critical examination of what constitutes the varied positions grouped together as Asian American, seen in relation to both American and transnational forces./div

Author: Charles Eisenstein
Publisher: North Atlantic Books
ISBN: 1583943986
Category : Political Science
Languages : en
Pages : 497

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Book Description
Sacred Economics traces the history of money from ancient gift economies to modern capitalism, revealing how the money system has contributed to alienation, competition, and scarcity, destroyed community, and necessitated endless growth. Today, these trends have reached their extreme—but in the wake of their collapse, we may find great opportunity to transition to a more connected, ecological, and sustainable way of being. This book is about how the money system will have to change—and is already changing—to embody this transition. A broadly integrated synthesis of theory, policy, and practice, Sacred Economics explores avant-garde concepts of the New Economics, including negative-interest currencies, local currencies, resource-based economics, gift economies, and the restoration of the commons. Author Charles Eisenstein also considers the personal dimensions of this transition, speaking to those concerned with "right livelihood" and how to live according to their ideals in a world seemingly ruled by money. Tapping into a rich lineage of conventional and unconventional economic thought, Sacred Economics presents a vision that is original yet commonsense, radical yet gentle, and increasingly relevant as the crises of our civilization deepen. Sacred Economics official website: http://sacred-economics.com/

Author: S.N. Afriat
Publisher: Routledge
ISBN: 1134029152
Category : Business & Economics
Languages : en
Pages : 335

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Book Description
The price index, a pervasive long established institution for economics, is a number issued by the Statistical Office that should tell anyone the ratio of costs of maintaining a given standard of living in two periods where prices differ. For a chain of three periods, the product of the ratios for successive pairs must coincide with the ratio for t

Author: Emiliano Brancaccio
Publisher: Routledge
ISBN: 1136724168
Category : Business & Economics
Languages : en
Pages : 344

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Book Description
Why did the economists of the so-called "mainstream" seem to fail to foresee the global economic crisis that exploded in 2008? And why do they appear to have difficulty in putting forward an interpretation of it that is consistent with the theoretical foundations of their models? These two questions have echoed insistently since the outbreak of the crisis, not only in academic circles but also in the mass media, and appear to reflect increasingly widespread dissatisfaction with the dominant paradigm of economic theory. Many believe that the global recession now underway may constitute an historic watershed for the evolution of economics and therefore that an authentic change of paradigm is called for, rather than only minor adjustments to the dominant approach. Since the start of the crisis, there has indeed been a profusion of contributions from alternative areas of economic study, and in particular from those adopting a critical stance with respect to mainstream economic theory. This collection puts forward promising reinterpretations of the primary schools of heterodox political economy, stringent critiques of the conventional readings of the recession, new schemes of theoretical and empirical analysis of the crisis, and proposals for economic policies alternative to those hitherto adopted. This book contains a selection of some of the most recent contributions to the critique of mainstream economic theory and policy, and discusses the origins and possible evolutions of the current economic crisis. The collection should be of interest to students and researchers focussing on macroeconomics, monetary economics, political economy and financial economics.

Author: Yanis Varoufakis
Publisher: Routledge
ISBN: 1135141274
Category : Business & Economics
Languages : en
Pages : 391

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Book Description
This volume is a collection of some of the best and most influential work of Yanis Varoufakis. The chapters all address the issue of economic indeterminacy, and the place of a socialized Homo Economicus within the economy. The book addresses Varoufakis’ key interpretation regarding the way in which neoclassical economics deals with the twin problems of complexity and indeterminacy. He argues that all neoclassical modelling revolves around three meta-axioms: Methodological individualism, Methodological instrumentalism and the Methodological Imposition of Equilibrium. Each chapter is preceded by an introduction, which explains its place within the overarching theme of the book. The volume also includes a lengthy introduction, plus a concluding chapter focusing on the future of economics. It will be a key work for all students and researchers in the field of political economy and economic methodology.

Author: Maurice Lagueux
Publisher: Routledge
ISBN: 1135150338
Category : Business & Economics
Languages : en
Pages : 630

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Book Description
Economical questions indisputably occupy a central place in everyday life. In order to clarify these questions, people generally turn to those who are familiar with economics. In answering such legitimate questions, economists propose explanations which rest on a few principles among which the rationality principle is by far the most fundamental. This principle assumes that people are rational, but what is meant by this has to be specified. Rationality and Explanation in Economics claims that only a minimal kind of rationality is required to ‘animate’ economic explanations. However, such a conception of rationality faces serious objections: it is closely associated with harshly criticised methodological individualism and it is not easily disentangled from sheer irrationality. The book answers these objections and shows that the economists’ way of mobilising the concepts of maximization or of consistency for defining rationality raises more serious problems. Since the latter have encouraged various attempts to downgrade or even to dispense with the very notion of rationality, the book is largely devoted to countering arguments associated with these attempts and to show why postulating that agents are rational is still the only efficient way to explain economic phenomena as such. The author also proposes original views about the role of rationality, the meaning of methodological individualism, the relevance of the selection argument and the relation between ‘rational’ explanations of economics and explanations in natural sciences.

Author: John Weeks
Publisher: Routledge
ISBN: 1136808019
Category : Business & Economics
Languages : en
Pages : 212

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Book Description
In 2008 the capitalist world was swept by the severest crisis since the Great Depression of the 1930s. Mainstream economics neither anticipated nor could account for this disastrous financial crisis, which required massive state intervention throughout the capitalist world. Karl Marx did anticipate this type of financial collapse, arguing that it was derivative from the ‘fetishism of commodities’ inherent in the capitalist mode of production. This book substantiates the foregoing claim by a journey from Marx’s analysis of commodities to the capitalist crisis of the twenty-first century. The book demonstrates that Marx's framework (1) demonstrates that capitalism is but one historical form of class society among many; (2) explains the transition from pre-capitalist to capitalist society; (3) reveals the concrete operation of a capitalist economy; and (4) shows why others would explain the capitalist economy in alternative theoretical frameworks. The central element in his framework from which all else derives is ‘the theory of value’. This book is not an exercise in the history of thought. It is an attempt to analyze the nature of contemporary capitalist society. While Marx’s analysis of capitalism has implications for political action, these need not lead one to embrace revolution in place of reform, though it can and has provided the analytical foundation for both. Marx’s analysis of capitalism is a coherent whole, and meaningful insights cannot be obtained by extracting elements from it. Weeks starts out by looking at the nature of capitalism and an analysis circulation, money and credit unfold from the theory of value. The nature and inherent necessity of competition are demonstrated in chapter eight. A consequence of competition, expressed in the movement of capital, is technical change, the contradictory impact of which is explained in chapter nine. This is brought together with the other elements of value theory (money, credit and competition) in chapter ten, where economic crises are treated in detail. The final chapter applies the theory of crisis to the extreme financial disturbances of the 2000s. This book should be of interest to students and researchers of economics, politics and sociology.

Author: Manuel Couret Branco
Publisher: Routledge
ISBN: 1134104618
Category : Business & Economics
Languages : en
Pages : 350

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Book Description
Human rights and economics are the concepts that have contributed the most to free human kind, the former from fear and the latter from need. Consequently, they should be complementing rather competing. Unfortunately it does not seem to be the case. In this book Manuel Couret Branco shows how mainstream economics discourse is intrinsically opposed to the promotion of human rights, especially economic, social and cultural rights. Considering a variety of issues, this book looks at the conflict between economics and human rights at a theoretical level; how economics is opposed to the right to work; how economics, being a science concerned with the provision of goods and services for commercial purposes, conflicts with the idea of providing those same goods and services as rights, using as examples the right to water and the right to social security; the opposition of economics to cultural freedom, supported by the argument that economics tends to homogenize cultures on the basis of the idea that there is only one best culture to fulfil economic objectives; how economics contributes to the erosion of the democratic idea; and, finally, the opposition of economic globalisation to democracy. The main conclusion of the book is that enhancing human rights in the global economy era demands a radical transformation of economics and of the economy. This transformation should be characterised by reinstating the primacy of the person over the economy, by replacing economics at the service of human dignity. One of the aspects of this transformation concerns the need for a democratic control of the market. This democratic control means that people affected by economic decisions should be able to participate in the making of those decisions. In other words, the book proposes the recognition of economics as essentially a political science, and, thereby, the rehabilitation of politics within economics' discourse.