Author: William Harold HuttPublisher: Ludwig von Mises Institute
ISBN: 1610163230
Category :
Languages : en
Pages : 130
Book Description
The theory of idle resources
Author: William Harold HuttPublisher: Ludwig von Mises Institute
ISBN: 1610163230
Category :
Languages : en
Pages : 130
Book Description
The theory of idle resources
Author: William Harold HuttThe Myth of Idle Resources
Author: L. G. HinesPublisher:
ISBN:
Category : Natural resources
Languages : en
Pages : 14
Book Description
The General Theory of Employment, Interest and Money
Author: John Maynard KeynesPublisher:
ISBN: 9781107677722
Category :
Languages : en
Pages : 0
Book Description
An Evolutionary Theory of Economic Change
Author: Richard R. NelsonPublisher: 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.
The Distribution of Wealth
Author: John Bates ClarkPublisher:
ISBN:
Category : Wages, prices and productivity
Languages : en
Pages : 490
Book Description
The Economics of Exhaustible Resources
Author: G. M. HealPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 706
Book Description
These 27 articles on the economics of exhaustible resources date from 1931 to 1991.
The Deficit Myth
Author: Stephanie KeltonPublisher: PublicAffairs
ISBN: 1541736206
Category : Business & Economics
Languages : en
Pages : 311
Book Description
A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.
Great Austrian Economists, The
Author: Randall G. HolcombePublisher: Ludwig von Mises Institute
ISBN: 1610164393
Category : Austrian school of economics
Languages : en
Pages : 273
Book Description
Keynes and Marx
Author: Bill DunnPublisher: Manchester University Press
ISBN: 1526154919
Category : Political Science
Languages : en
Pages : 437
Book Description
Keynes was an elitist and pro-capitalist economist, whom the left should embrace with caution. But his analysis provides a concreteness missing from Marx and engages with critical issues of the modern world that Marx could not have foreseen. This book argues that a critical Marxist engagement can simultaneously increase the power of Keynes’s insight and enrich Marxism. To understand Keynes, whose work is liberally invoked but seldom read, Dunn explores him in the context of the extraordinary times in which he lived, his philosophy, and his politics. By offering a detailed overview of Keynes’s critique of mainstream economics and General Theory, Dunn argues that Keynes provides an enduringly valuable critique of orthodoxy. The book develops a Marxist appropriation of Keynes’s insights, arguing that a Marxist analysis of unemployment, capital and the role of the state can be enriched through such a critical engagement. The point is to change the world, not just to understand it. Thus the book considers the prospects of returning to Keynes, critically reviewing the practices that have come to be known as ‘Keynesianism’ and the limits of the theoretical traditions that have made claim to his legacy.