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Author: David M. Levy Publisher: Cambridge University Press ISBN: 1108691757 Category : Business & Economics Languages : en Pages :
Book Description
The Virginia School's economics of natural equals makes consent critical for policy. Democracy is understood as government by discussion, not majority rule. The claim of efficiency unsupported by consent, as common in orthodox economics, appeals to social hierarchy. Politics becomes an act of exchange among equals where the economist is only entitled to offer advice to citizens, not to dictators. The foundation of natural equality and consent explains the common themes of James Buchanan and John Rawls as well as Ronald Coase and the Fabian socialists. What orthodox economics treats as efficient racial discrimination violates the fair chance entitlement to which people consent in a market economy. The importance of replication stressed by Gordon Tullock, developing themes from Karl Popper, is another expression of natural equality since the foresight of replication induces care into research. The publication of previously unpublished correspondence and documentation allows the reader to judge recent controversy.
Author: David M. Levy Publisher: Cambridge University Press ISBN: 1108691757 Category : Business & Economics Languages : en Pages :
Book Description
The Virginia School's economics of natural equals makes consent critical for policy. Democracy is understood as government by discussion, not majority rule. The claim of efficiency unsupported by consent, as common in orthodox economics, appeals to social hierarchy. Politics becomes an act of exchange among equals where the economist is only entitled to offer advice to citizens, not to dictators. The foundation of natural equality and consent explains the common themes of James Buchanan and John Rawls as well as Ronald Coase and the Fabian socialists. What orthodox economics treats as efficient racial discrimination violates the fair chance entitlement to which people consent in a market economy. The importance of replication stressed by Gordon Tullock, developing themes from Karl Popper, is another expression of natural equality since the foresight of replication induces care into research. The publication of previously unpublished correspondence and documentation allows the reader to judge recent controversy.
Author: Jonathan Rothwell Publisher: Princeton University Press ISBN: 0691206430 Category : Business & Economics Languages : en Pages : 390
Book Description
In this provocative book, economist Jonathan Rothwell draws on the latest empirical evidence from across the social sciences to demonstrate how rich democracies have allowed racial politics and the interests of those at the top to subordinate justice. He looks at the rise of nationalism in Europe and the United States, revealing how this trend overlaps with racial prejudice and is related to mounting frustration with a political status quo that thrives on income inequality and inefficient markets. But economic differences are by no means inevitable. Differences in group status by race and ethnicity are dynamic and have reversed themselves across continents and within countries. Inequalities persist between races in the United States because Black Americans are denied equal access to markets and public services. Meanwhile, elite professional associations carve out privileged market status for their members, leading to compensation in excess of their skills.
Author: Cutler J. Cleveland Publisher: Edward Elgar Publishing ISBN: 1843761416 Category : Business & Economics Languages : en Pages : 303
Book Description
The writing style is clear and sophisticated, and the quality of production high. Steve Harrison, Economic Analysis and Policy . . . what we have in this anthropology is a very readable collection of well written articles which explore the limits of both conventional economic theory and new approaches . . . For a general reader involved in sustainable development the book is a good compilation of current approaches . . . The style and technical level in the articles makes this book usable at levels from undergraduate university through the governmental sectors. Its broad range and readable style makes the collection a good working reference volume. Edward J. Linky, Natural Resources Forum This book discusses important recent developments in the theory, concepts and empirical applications of ecological economics and sustainable development. The editors have assembled a fascinating collection of papers from some of the leading scholars in the field of ecological economics. Topics covered include: the contribution of classical economics to ecological economics alternatives to the growth paradigm and Gross Domestic Product valuation in ecological economics and indicators of natural resource scarcity case studies of sustainable development critical reviews of the environmental Kuznets curve green national accounting. This will be an invaluable text for scholars, policy analysts and students interested in sustainable development and ecological, environmental and resource economics.
Author: Luca Fiorito Publisher: Emerald Group Publishing ISBN: 1803827173 Category : Business & Economics Languages : en Pages : 268
Book Description
Volume 40C of Research in the History of Economic Thought and Methodology features a symposium on the work of economist François Perroux, edited by Katia Caldari and Alexandre Mendes Cunha with collected book reviews of David M. Levy and Sandra J. Peart’s (2020) Towards an Economics of Natural Equals.
Author: Oliver E. Williamson Publisher: Oxford University Press, USA ISBN: 9780195083569 Category : Business & Economics Languages : en Pages : 260
Book Description
This volume features a series of essays which arose from a conference on economics, addressing the question: what is the nature of the firm in economic analysis? This paperback edition includes the Nobel Lecture of R.N. Case.
Author: Dr Wolfgang Hoeschele Publisher: Gower Publishing, Ltd. ISBN: 1409459543 Category : Business & Economics Languages : en Pages : 272
Book Description
No matter how many resources we consume we never seem to have enough. The Economics of Abundance is a balanced book in which Wolfgang Hoeschele challenges why this is so. He claims that our current capitalist economy can exist only on the basis of manufactured scarcity created by 'scarcity-generating institutions', and these institutions manipulate both demand and supply of commodities. Therefore demand consistently exceeds supply, and profits and economic growth can continue – at the cost of individual freedom, social equity, and ecological sustainability. The fact that continual increases in demand are so vital to our economy leads to an impasse: many people see no alternative to the generation of ever more demand, but at the same time recognize that it is clearly unsustainable ecologically and socially. So, can demand only be reduced by curtailing freedom and is this acceptable? This book argues that, by analyzing how scarcity-generating institutions work and then reforming or dismantling them, we can enhance individual freedom and support entrepreneurial initiative, and at the same time make progress toward social justice and environmental sustainability by reducing demands on vital resources. This vision would enable activists in many fields (social justice, civil liberties, and environmental protection), as well as many entrepreneurs and other members of civil society to work together much more effectively, make it more difficult to portray all these groups as contradictory special interests, and thereby help generate momentum for positive change. Meanwhile, for academics in many fields of study, the concept of the creation of scarcity or abundance may be a highly useful analytical tool.
Author: Anne Phillips Publisher: Princeton University Press ISBN: 0691226164 Category : Philosophy Languages : en Pages : 160
Book Description
Why equality cannot be conditional on a shared human “nature” but has to be for all For centuries, ringing declarations about all men being created equal appealed to a shared human nature as the reason to consider ourselves equals. But appeals to natural equality invited gradations of natural difference, and the ambiguity at the heart of “nature” enabled generations to write of people as equal by nature while barely noticing the exclusion of those marked as inferior by their gender, race, or class. Despite what we commonly tell ourselves, these exclusions and gradations continue today. In Unconditional Equals, political philosopher Anne Phillips challenges attempts to justify equality by reference to a shared human nature, arguing that justification turns into conditions and ends up as exclusion. Rejecting the logic of justification, she calls instead for a genuinely unconditional equality. Drawing on political, feminist, and postcolonial theory, Unconditional Equals argues that we should understand equality not as something grounded in shared characteristics but as something people enact when they refuse to be considered inferiors. At a time when the supposedly shared belief in human equality is so patently not shared, the book makes a powerful case for seeing equality as a commitment we make to ourselves and others, and a claim we make on others when they deny us our status as equals.
Author: John Maynard Keynes Publisher: Springer ISBN: 3319703447 Category : Business & Economics Languages : en Pages : 430
Book Description
This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.
Author: David M. Levy
Author: David M. Levy
Author: David M. Levy
Author: Jonathan Rothwell
Author: Cutler J. Cleveland
Author: Friedrich List
Author: Luca Fiorito
Author: Oliver E. Williamson
Author: Dr Wolfgang Hoeschele
Author: Anne Phillips
Author: John Maynard Keynes