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  • MPI Ethno. Forsch.  (3)
  • 2015-2019  (2)
  • 2010-2014  (1)
  • 1930-1934
  • McCain, Roger A.  (3)
  • Cheltenham, UK : Edward Elgar Publishing  (2)
  • Cheltenham, U.K : Edward Elgar  (1)
  • Economics  (3)
  • 1
    Book
    Book
    Cheltenham, UK : Edward Elgar Publishing
    ISBN: 9781786431431 , 1786431432
    Language: English
    Pages: V, 224 Seiten , Diagramme , 24 cm
    Series Statement: New directions in modern economics
    Parallel Title: Erscheint auch als McCain, Roger A., 19XX - Approaching equality
    DDC: 339.2
    RVK:
    Keywords: Vermögensverteilung ; Einkommensverteilung ; Verteilungsgerechtigkeit ; Wirtschaftliche Instabilität ; Mittelschicht ; Income distribution ; Wealth ; Distributive justice ; Distribution (Economic theory) ; Equality Economic aspects ; Wealth Moral and ethical aspects ; Einkommensverteilung ; Vermögensverteilung ; Soziale Ungleichheit
    Abstract: By combining recent research (especially that of Piketty and his associates) with established ideas (particularly from Sir Arthur Lewis), Roger McCain proposes policies that, together, would aim to reverse the observed tendency towards the concentration of wealth in market economies, thus 'approach equality.' The shortcomings and dangers of rising wealth inequality are discussed, both from the point of view of increasing instability and of equalitarian values. Drawing on Marxist concepts of class, the book clarifies both the relation of wealth to income inequality and the causal link between wealth inequality and economic instability, exploring practical issues related to the proposed policies. The role of the 'middle class' and the causes of the failure of much of the population to save even for retirement are analyzed. The author goes on to examine the implications for programs of distribution according to need and the role of the corporation, and the possibility of a scheme of economic planning that would retain the known advantages of the market allocation of resources. With inequality still a rising issue for public policy, professionals and students studying policy economics will benefit from the analysis in this book and its tight focus on inequality of wealth, as will interested lay readers with a background in economics and an interest in inequality
    Library Location Call Number Volume/Issue/Year Availability
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  • 2
    Online Resource
    Online Resource
    Cheltenham, UK : Edward Elgar Publishing
    ISBN: 9781786431448
    Language: English
    Pages: 1 Online-Ressource (v, 224 Seiten) , Diagramme
    Series Statement: New directions in modern economics
    Series Statement: Elgaronline
    Series Statement: Edward Elgar books
    Series Statement: Edward Elgar E-Book Archive
    Parallel Title: Erscheint auch als McCain, Roger A., 19XX - Approaching equality
    DDC: 339.2
    RVK:
    Keywords: Vermögensverteilung ; Einkommensverteilung ; Verteilungsgerechtigkeit ; Wirtschaftliche Instabilität ; Mittelschicht ; Distributive justice ; Wealth Moral and ethical aspects ; Equality Economic aspects ; Electronic books ; Einkommensverteilung ; Vermögensverteilung ; Soziale Ungleichheit
    Abstract: Contents: 1. Introduction : plan and scope of the book -- 2. The future of capitalism -- 3. Why be concerned? inequality and instability -- 4. Sir Arthur Lewis' equalitarian vision -- 5. Piketty's narrative and the wealth tax -- 6. Can we "grow the middle class?" -- 7. Synthesis and extension -- 8. To each according to need -- 9. Civilizing the corporation -- 10. Planning from the bottom up -- Index.
    Abstract: By combining recent research (especially that of Piketty and his associates) with established ideas (particularly from Sir Arthur Lewis), Roger McCain proposes policies that, together, would aim to reverse the observed tendency towards the concentration of wealth in market economies, thus 'approach equality.' The shortcomings and dangers of rising wealth inequality are discussed, both from the point of view of increasing instability and of equalitarian values. Drawing on Marxist concepts of class, the book clarifies both the relation of wealth to income inequality and the causal link between wealth inequality and economic instability, exploring practical issues related to the proposed policies. The role of the 'middle class' and the causes of the failure of much of the population to save even for retirement are analyzed. The author goes on to examine the implications for programs of distribution according to need and the role of the corporation, and the possibility of a scheme of economic planning that would retain the known advantages of the market allocation of resources. With inequality still a rising issue for public policy, professionals and students studying policy economics will benefit from the analysis in this book and its tight focus on inequality of wealth, as will interested lay readers with a background in economics and an interest in inequality
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 3
    Online Resource
    Online Resource
    Cheltenham, U.K : Edward Elgar
    ISBN: 9781782546429
    Language: English
    Pages: 1 Online-Ressource (v, 237 pages)
    Series Statement: Edward Elgar E-Book Archive
    Parallel Title: Erscheint auch als McCain, Roger A., 19XX - Reframing economics
    DDC: 330.01
    RVK:
    Keywords: Wirtschaftstheorie ; Kooperation ; Kooperatives Spiel ; Cooperation ; Macroeconomics ; Economics ; Electronic books ; Wirtschaftstheorie ; Kooperatives Verhalten ; Spieltheorie
    Abstract: 'For most of the 20th century economists focused on competition as the driving force of the modern capitalist economy. In his thoughtful and readable book, Roger A. McCain offers a different frame of reference for economists. Using game theory's distinction between cooperative and non-cooperative games, he defines economics as the study of the development of cooperative agreements in the economy and the failure to bring them about. Orthodox economists who think in terms of a competitive model and heterodox economists who adhere to a class conflict paradigm will both find their ideas challenged by McCain's new frame that sees mature capitalism as the result of class compromise based on an imperfectly cooperative game.' (Donald R. Stabile, St. Mary's College of Maryland, US). -- The objectives of this book are twofold. Firstly, it proposes that economics should be defined as a study of imperfect cooperation. Secondly, it elucidates the continuities that extend from classical political economy through the neoclassical, Keynesian, and modern economics of the twenty-first century. Roger McCain explores economics as the study of cooperative arrangements, or the ways in which people work together. He asserts that there is no 'new paradigm', but rather a more encompassing cognitive frame. In the same spirit, the book borrows freely, without doctrinairism, from Austrian and other heterodox traditions - including Marxism where it is helpful - and social philosophers in the social contract tradition. Game theory of both branches plays a key role throughout. -- Presenting an innovative new framework for the major topics that together make up economic theory, this highly accessible book will strongly appeal to economics scholars, researchers and students, especially those in the fields of heterodox economics and the history of economic thought.
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