Towards a New Paradigm in Monetary Economics PDF Download

Author: Joseph Stiglitz
Publisher: Cambridge University Press
ISBN: 9780521008051
Category : Business & Economics
Languages : en
Pages : 356

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Book Description
A pioneer treatment of monetary economics written by two of world's leading authorities.

Author: Kurt Dopfer
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Author: TIANYU DAI
Publisher: American Academic Press
ISBN: 1631814249
Category : Business & Economics
Languages : en
Pages : 282

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Book Description
A new era calls for new economics. This book offers a new paradigm of economics with a new perspective and a new fundamental logic system in this new century. The new paradigm originates from a fundamental fact: The main behavioral subjects of socio-economic activities are not individuals, but social organizations composed of individuals, such as families, enterprises, schools, research institutes, government branches, charity organizations and so on. So this book replaces the controversial assumption of "economic man" with the model of "the minimum economic system" abstracted from reality and establishes a new logic analysis framework of "economic unit (the minimum economic system) -- economic flow (the input and output between economic units) -- economic field (the space-time distribution of economic units and their movement)" which is totally different from all existing economics theories. As a result, this book reconstructs economics on a foundation of natural science and systems science and can explain the secret of China's rapid economic growth and other economic puzzles at the level of fundamental logic. This book replaces neoclassical and modern orthodox economics with a new economics meta-theory, making it a fascinating read and providing a valuable reference for researchers, teachers and students majoring in economics.

Author: Hadrian Geri Djajadikerta
Publisher: Springer
ISBN: 9812874992
Category : Business & Economics
Languages : en
Pages : 351

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Book Description
This book offers a collection of studies on regional integration and the dynamic business environment in East Asia. The papers included, originally presented at the 2014 Asia Pacific Business Conference on "Free Trade Agreements and Regional Integration in East Asia," examine the challenges and dynamics in the increasingly integrated East Asian markets and outline a new paradigm for doing international business in the region. The papers address diverse areas related to regional integration, financial markets, investment, trade and capital flow, sustainability, accounting and auditing issues, exchange rates, strategies and the regional business environment. The book provides a valuable resource for practitioners, policy-makers and students who are interested in understanding the vibrant aspects of business in today’s East Asia.

Author: Richard R. Nelson
Publisher: Harvard University Press
ISBN: 9780674041431
Category : Business & Economics
Languages : en
Pages : 456

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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: R. Werner
Publisher: Springer
ISBN: 0230506070
Category : Business & Economics
Languages : en
Pages : 434

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Book Description
Modern mainstream economics is attracting an increasing number of critics of its high degree of abstraction and lack of relevance to economic reality. Economists are calling for a better reflection of the reality of imperfect information, the role of banks and credit markets, the mechanisms of economic growth, the role of institutions and the possibility that markets may not clear. While it is one thing to find flaws in current mainstream economics, it is another to offer an alternative paradigm which, can explain as much as the old, but can also account for the many 'anomalies'. That is what this book attempts. Since one of the biggest empirical challenges to the 'old' paradigm has been raised by the second largest economy in the world - Japan - this book puts the proposed 'new paradigm' to the severe test of the Japanese macroeconomic reality.

Author: Wolfgang J. M. Drechsler
Publisher: Anthem Press
ISBN: 1843317850
Category : Business & Economics
Languages : en
Pages : 443

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Book Description
'Techno-Economic Paradigms' presents a series of essays discussing one of the most interesting and talked-about socio-economic theories of our times: techno-economic paradigm shifts.

Author: Jati Sengupta
Publisher: Springer Science & Business Media
ISBN: 3319021834
Category : Business & Economics
Languages : en
Pages : 161

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Book Description
The current economic theory of innovation mainly analyses the technology factor and its impact on economic growth. In today's world, growth in information technology and knowledge of new ideas has altered the business paradigm dramatically. Modern economies have undergone a dynamic shift from material manufacturing to a new information technology model with research and development (R&D) and human capital. Through information and communications technology efficient information usage has achieved substantial productivity gains through learning by doing and incremental innovations. The present volume discusses this new paradigm in terms of both theory and industry applications, including Schumpeter in his innovation model and the emphasis on new innovations replacing the old. Growth of business networking and R&D consortium have dramatically helped the modern business to reduce their unit costs and improve efficiency. This volume presents some new models emphasizing knowledge sharing and R&D cooperation. Rapid growth in recent times in some south Asian countries have been cited as growth miracles are largely caused by knowledge spillover and learning by doing, and this volume also investigates the role of incremental innovations. With a strong focus and extension of the current theory of innovation and industry growth experiences of both the US and Asian countries, this book will be of interest to MBA and graduate students in economics, innovation management, and applied industrial economics.

Author: Robert Ashford
Publisher:
ISBN: 9780761813200
Category : Distribution (Economic theory).
Languages : en
Pages : 0

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Book Description
Binary Economics presents a new paradigm which founds a practical new economics and a unifying new politics that enable people to understand and realize their essential rights and responsibilities in a market economy. This paradigm recognizes that capital has a potent productive and distributive relationship to growth, and by democratically extending the efficient means to acquire capital to all people using the earnings of capital on market principles, binary economics offers many important benefits beyond those provided by conventional economics. The authors present this concept as new hope for solving seemingly intractable problems of economic efficiency, distribution, and justice not solved by conventional economic theories and practices, while enabling people to understand and realize their essential rights and responsibilities in a market economy. The binary paradigm allows cooperation with governments to make modest reforms to existing capital markets so that all people can acquire capital using the earnings of capital and offering the market foundation for many important benefits, including substantial, sustainable growth; more equal opportunity and social justice; increased earning power for the poor, working and middle class people; a greener environment; individual autonomy; strong families and communities; strengthened democracy; and voluntary control of population levels.

Author: Ronaldo Munck
Publisher: Zed Books
ISBN: 9781856496384
Category : Business & Economics
Languages : en
Pages : 246

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Book Description
In the late 20th century, there has been a rethinking of the whole concept of development, including a growing awareness of its gender, cultural and environmental dimensions, and the impact of globalization. The contributors to this volume seek to extend these debates to a more fundamental level, tackling such issues as the crisis of development as an intellectual and practical project, the need for a break with development as a Eurocentric concept, and the viability of alternative, non-Western forms of development. The contributors aim to transcend critiques of development which simply engage in a blanket dismissal of the whole enterprise and instead offer ways of re-engaging with reality that, despite globalization, is still a dimension of the late-20th century.