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Author: Frank A. Fetter Publisher: Forgotten Books ISBN: 9781527933989 Category : Business & Economics Languages : en Pages : 512
Book Description
Excerpt from Modern Economic Problems The outlook and sympathies that are expressed or tacitly assumed throughout this work are not so much those personal to the author as they are those of our present day American democratic society, taken at about its center of gravity. When the people generally feel difierently as to the ends to be at tained, a different public policy must be formulated, tho the economic analysis may not need to be changed. Therefore, in some cases, the author has discussed merely the economic as pect, or has referred to the general principles treated in vol ume one, and has purposely refrained from expressing his personal judgment as to the best policy for the moment. The present volume was planned some years ago as a re vision of a part of the author's earlier text, The Principles of Economics The intervening years have, however, been so replete with notable economic and social legislation and have witnessed the growth of a wider public interest in so many economic subjects, that both in range and in treatment this work necessarily grew to be more than a revision. Except in a few chapters, occasional sentences and paragraphs are all of the specific features of the older text that remain. Sug gestive of the rapid changes occurring in the economic field is the fact that a number of statements made in the manuscript a few months or a few weeks ago had to be amended in the proof sheets to accord with recent events. The author's debt for information, inspiration, and assist ance in various phases of the work is a large one. The debt is owing to many, - authors, colleagues, and students. A few of the sources that have been drawn upon will be indicated in a pamphlet following the plan of the Manual of References and Exercises in Economics, already published for use in connection with Volume I; but the limits of space will prevent a complete enumeration. I wish, however, in particular, to acknowledge gratefully the aid and friendly criticisms given in connection with the chapters on money and banking, onlabor problems, and on the principles of insurance, respec tively, by my colleagues, E. W. Kemmerer, D. A. Mccabe, and N Carothers. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Frank A. Fetter Publisher: Forgotten Books ISBN: 9781527933989 Category : Business & Economics Languages : en Pages : 512
Book Description
Excerpt from Modern Economic Problems The outlook and sympathies that are expressed or tacitly assumed throughout this work are not so much those personal to the author as they are those of our present day American democratic society, taken at about its center of gravity. When the people generally feel difierently as to the ends to be at tained, a different public policy must be formulated, tho the economic analysis may not need to be changed. Therefore, in some cases, the author has discussed merely the economic as pect, or has referred to the general principles treated in vol ume one, and has purposely refrained from expressing his personal judgment as to the best policy for the moment. The present volume was planned some years ago as a re vision of a part of the author's earlier text, The Principles of Economics The intervening years have, however, been so replete with notable economic and social legislation and have witnessed the growth of a wider public interest in so many economic subjects, that both in range and in treatment this work necessarily grew to be more than a revision. Except in a few chapters, occasional sentences and paragraphs are all of the specific features of the older text that remain. Sug gestive of the rapid changes occurring in the economic field is the fact that a number of statements made in the manuscript a few months or a few weeks ago had to be amended in the proof sheets to accord with recent events. The author's debt for information, inspiration, and assist ance in various phases of the work is a large one. The debt is owing to many, - authors, colleagues, and students. A few of the sources that have been drawn upon will be indicated in a pamphlet following the plan of the Manual of References and Exercises in Economics, already published for use in connection with Volume I; but the limits of space will prevent a complete enumeration. I wish, however, in particular, to acknowledge gratefully the aid and friendly criticisms given in connection with the chapters on money and banking, onlabor problems, and on the principles of insurance, respec tively, by my colleagues, E. W. Kemmerer, D. A. Mccabe, and N Carothers. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Steven Kates Publisher: Edward Elgar Publishing ISBN: 1786433575 Category : Business & Economics Languages : en Pages : 264
Book Description
Economic theory reached its zenith of analytical power and depth of understanding in the middle of the nineteenth century among John Stuart Mill and his contemporaries. This book explains what took place in the ensuing Marginal Revolution and Keynesian Revolution that left economists less able to understand how economies operate. It explores the false mythology that has obscured the arguments of classical economists, providing a pathway into the theory they developed.
Author: Bernard S. Katz Publisher: Routledge ISBN: 1351982389 Category : Business & Economics Languages : en Pages : 550
Book Description
In this book, first published in 1988, the editors have included the reviews of thirteen classic works on economic theory, empirical economic studies, political economy and management. Each major work was chosen due to its contribution in shaping our current knowledge and perspectives, and each essay is commented on by important critics in different eras. This title will be of interest to students of economic thought.
Author: Frank A. Fetter Publisher: Good Press ISBN: Category : Business & Economics Languages : en Pages : 443
Book Description
Frank A. Fetter's 'Economics Volume II: Modern Economic Problems' is a seminal work that delves into the complexities of modern economic issues with clarity and precision. Fetter's analytical approach and engaging writing style make this book a valuable resource for students and scholars alike. Focusing on topics such as market imperfections, unemployment, and economic policy, Fetter provides in-depth analysis supported by empirical evidence and theoretical frameworks, shedding light on the intricacies of the contemporary economic landscape. The book is a must-read for anyone interested in understanding the challenges facing the global economy today. Frank A. Fetter, a distinguished economist and professor, draws on his extensive knowledge and expertise to offer insightful perspectives on the pressing economic problems of our time. His academic background and practical experience add depth and credibility to his arguments, making this book a trusted source of information and analysis. I highly recommend 'Economics Volume II: Modern Economic Problems' to readers seeking a comprehensive and authoritative exploration of the economic issues shaping our world. Fetter's nuanced approach and rigorous analysis make this book an indispensable resource for students, academics, and professionals in the field of economics.
Author: Petter Naess Publisher: Routledge ISBN: 1134799918 Category : Social Science Languages : en Pages : 238
Book Description
This book throws light onto the nature and causes of three different but strongly interconnected crises in contemporary societies worldwide: an economic crisis, an ecological crisis and a normative (moral and political) crisis. These crises are reflected in the profoundly inequitable distribution of wealth, resources and life opportunities around the world. If we follow the causal roots of these crises, we are led back to an inherent dynamic in the capitalist economic system itself, discursively expressed as neoclassical, mainstream economics. For instance, by conflating human needs with market demand, mainstream economics disregards the needs of those who do not have sufficient purchasing power, as well as any needs that cannot be quantified or monetised in some way. Mainstream economics also ignores the notion of natural limits. Furthermore, it seems that everything that is quantifiable is potentially for sale and this results in the substitution of nature, indigenous cultural traditions and various life forms with commodities and ‘human capital’. The latter is defined as the skills instrumental for continual economic growth. Besides critiquing the academic discipline of economics, this book also points to a number of dysfunctional and crisis-prone structures and practices of substantive economic life. It will be of interest to students and scholars working in philosophy, economics and environmental studies.
Author: Stephanie Kelton Publisher: 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.
Author: Lefteris Tsoulfidis Publisher: Springer Nature ISBN: 3030179672 Category : Political Science Languages : en Pages : 465
Book Description
This book promotes an in-depth understanding of the key mechanisms that govern the functioning of capitalist economies, pursuing a Classical Political Economics approach to do so. It explores central theoretical issues addressed by the classical economists Smith and Ricardo, as well as Marx, while also operationalizing more recent theoretical developments inspired by the works of Sraffa and other modern classical economists, using actual data from major economies. On the basis of this approach, the book subsequently provides alternative explanations for various microeconomic issues such as the determination of equilibrium prices and their movement induced by changes in income distribution; the dynamics of competition of firms within and between industries; the law of tendential equalization of interindustry profit rates; and international exchanges and transfers of value; as well as macroeconomic issues concerning capital accumulation and cyclical economic growth. Given its scope, the book will benefit all researchers, students, and policymakers seeking new explanations for observed phenomena and interested in the mechanisms that give rise to surface economic categories, such as prices, profits, the unemployment rate, interest rates, and long economic cycles.
Author: Michael J. Douma Publisher: Lexington Books ISBN: 1498536115 Category : History Languages : en Pages : 269
Book Description
Historians working in the classical liberal tradition believe that individual decision-making and individual rights matter in the making of history. History written in the classical liberal tradition emerged largely in the nineteenth century, when the field of history was first professionalized in Europe and the Americas. Professional historical research was then imbued with liberal values, which included rigorous attention to the sources, historicist suspicion of an ultimate mover, an honest and dispassionate rational outlook, and humility towards what could be known. Above all, liberals wanted to chart the history of liberty, warn against threats to liberty, and defend it in an evolving political world. They believed history was real, and that it had lessons to teach, but that these lessons could not provide sufficient knowledge to predict the future or reorganize society around a central plan. This book demonstrates how the classical liberal tradition in historical writing persists to this day, but how it is often neglected and due for renewal. The book contrasts the classical liberal view on history with conservative, progressive, Marxist, and post-modern views. Each of the eleven chapters address a different historical topic, from the development of classical liberalism in nineteenth century America to the the history of civil liberties and civil rights that stemmed from this tradition. Authors give particular attention to the importance of social and economic analysis. Each contributor was chosen as an expert in their field to provide a historiographical overview of their subject, and to explain what the classical liberal contribution to this historiography has been and should be. Authors then provide guidance towards possible tools of analysis and related research topics that future historians working in the classical liberal tradition could take up. The authors wish to call upon other historians to recognize the important contributions to historical understanding that have come and can be provided by the insights of classical liberalism.
Author: Dewett K.K. & Navalur M.H. Publisher: S. Chand Publishing ISBN: 9788121924634 Category : Banks and banking Languages : en Pages : 992
Book Description
Modern Economic Theory is a critique on how monetary revolution across the globe is changing the course of world economies, financial systems and markets. Beginning with discussion on price theory and microeconomics, this classic textbook progresses to describe comprehensively, theory of income and employability or macroeconomics, money and banking, international economies and public finance. Economic systems, economics of development and planning and economies of welfare provide a clear idea about recent developments in and criticism of compensation principle, market structures and social welfare. It adequately meets the requirements of the BA and B.Com courses (Pass and Honours). In addition, postgraduate students of Arts and Commerce and aspirants of various competitive examinations will also find the book very useful and informative.
Author: Frank A. Fetter
Author: Frank A. Fetter
Author: Steven Kates
Author: Bernard S. Katz
Author: Frank A. Fetter
Author: Petter Naess
Author: Stephanie Kelton
Author: Lefteris Tsoulfidis
Author: Max L. Stackhouse
Author: Michael J. Douma
Author: Dewett K.K. & Navalur M.H.