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  • Online Resource  (31)
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  • Cheltenham, UK : Edward Elgar Publishing  (31)
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  • Online Resource  (31)
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  • Book  (4)
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  • 1
    Online Resource
    Online Resource
    The economics of COVID-19 : Implications of the pandemic for economic thought and public policy (2021)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781800377219
    Language: English
    Pages: 1 Online-Ressource (xiv, 232 Seiten)
    Parallel Title: Erscheint auch als Moosa, Imad A., 1952 - The economics of Covid-19
    DDC: 330.9/052
    RVK:
    MS 1280
    RVK:
    MK 8500
    RVK:
    MS 6280
    Keywords: Coronavirus ; Epidemie ; Wirkungsanalyse ; Wirtschaftspolitik ; Welt ; COVID-19 Pandemic, 2020- Economic aspects ; Economic history ; Economic policy ; Economics
    Abstract: Contents: Preface -- 1. The economics and epidemiology of epidemics and pandemic -- 2. Measures and determinants of the severity of covid-19 -- 3. The effects and consequences of covid-19 -- 4. Public policy response to the pandemic -- 5. Implications for democracy, militarism and international relations -- 6. Rethinking the free market doctrine -- 7. Rethinking the principles of the washington consensus -- 8. Rethinking healthcare and welfar -- 9. Rethinking the status quo -- 10. Epilogue -- Index.
    Abstract: "This timely book explores the neglected risk in the advent of the COVID-19 pandemic, illustrating the ways in which four decades of neoliberal economic and public policy has eroded the functional capacity of states to handle catastrophic events. Challenging the very heart of modern nation states, Imad Moosa comprehensively demonstrates how the pandemic has shed light on existing structural problems that have been ignored by neoliberal governments and policymakers. The author highlights the implications of the pandemic for democracy, militarism and international relations, as well as its impact on healthcare, inequality, human rights, poverty and homelessness. Drawing on theoretical insights and empirical evidence, Moosa emphasises the importance of sustained government intervention in economic activity at a time in which the free market doctrine has failed to restore equilibrium and deliver prosperity after an international financial shock. A radical and decisive intervention in contemporary economic thought, this book is crucial reading for scholars and researchers in economics and political science, particularly those focusing on the fallout of the COVID-19 pandemic and global economic recovery. The book's empirical insights and key policy recommendations will also benefit policymakers in public health and economics"--
    DOI: 10.4337/9781800377226
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  • 2
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    Online Resource
    Comparing fairness : relative criteria of economic fairness with applications (2021)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781839108020
    Language: English
    Pages: 1 Online-Ressource (vii, 232 Seiten)
    Series Statement: Elgaronline
    Series Statement: Edward Elgar books
    Parallel Title: Erscheint auch als
    DDC: 330.1
    Keywords: Gerechtigkeit ; Theorie ; Fairness ; Economic policy ; Economic policy Moral and ethical aspects ; Economics ; Economics Moral and ethical aspects ; Electronic books
    Abstract: Contents: 1. Fairness in a system of cooperative, joint production -- 2. Decision, cooperation and stability -- 3. Side payments in effectivity analysis of cooperative games -- 4. Efficiency and fairness -- 5. The veil of ignorance -- 6. Intergenerational transfers -- 7. Intergenerational transfers: Some complications -- 8. Interregional fairness, migration and efficiency -- 9. Policy, externality, gilets jaunes and interregional fairness -- 10. Fairness from the perspective of an individual or group -- 11. Fair wages and prices -- 12. Fairness from the perspective of a caste or race -- 13. Concluding summary -- Index.
    Abstract: "Economic theory and philosophy have discussed concepts of fairness, but the criteria of fairness are in each case absolute: a situation is either fair or it is not. This book draws on these literatures to propose two criteria of relative fairness, and a hierarchical rule for the priority of application of these criteria, with a view to comparison of practicable alternatives in public policy. A veil-of-ignorance device of representation of rational fairness is used to argue that these criteria are normatively relevant. Applications to intergenerational fairness, fairness among regions in the context of migration, externalities and Pigovian taxes, to fair prices and wages, and to relative fairness in the status of racial and caste groups are sketched. The book is designed with real world public policy practice. Scholars with an interest in the economic evaluation of public policy will find this compelling book essential reading"--
    DOI: 10.4337/9781839108020
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  • 3
    Online Resource
    Online Resource
    Credit, money and crises in post-keynesian economics (2020)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781786439550
    Language: English
    Pages: 1 Online-Ressource (xvii, 366 Seiten)
    Series Statement: New Directions in Post-Keynesian Economics series
    Parallel Title: Erscheint auch als
    Keywords: Economics ; Banks and banking ; Monetary policy ; Electronic books ; Aufsatzsammlung
    Abstract: Contents: Introduction / Louis-Philippe Rochon and Hassan Bougrine -- Part 1: Money, income distribution and post-keynesian economics -- 1. Celebrating pioneers / Louis-Philippe Rochon and Hassan Bougrine -- 2. Understanding credit-money: Lavoie and seccareccia's contribution to monetary theory / Robert Guttmann -- 3. Money, state and growth of welfare: Fighting the dangerous transformation of capitalism / Alain Parguez and Slim Thabet -- 4. Two easy pieces / Riccardo Bellofiore -- 5. The role of stabilization policies in the new consensus macroeconomics (ncm): Modern lessons from john kenneth galbraith / Giuseppe Fontana -- 6. The macroeconomic dimension of money virginie monvoisin and jean-francois ponsot -- 7. The theory of money, interest and unemployment hassan bougrine -- 8. International money: Where do we stand? / Claude Gnos and Sergio Rossi -- 9. Endogenous money, liquidity preference and confidence: For a qualitative theory of money / Edwin Le Heron -- 10. High finance, political money, and the U.S. Congress: A quantitative assessment of the campaign to roll back / Dodd-frank / Thomas Ferguson, Paul Jorgensen, and Jie Chen -- 11. International rentiers, finance and income distribution: A Latin American and post-Keynesian perspective / Esteban Pérez Caldentey and Matías Vernengo -- Part 2: Crises and post-Keynesian economics -- 12. Is macro in crisis? / Sheila Dow -- 13. Stagnation and crisis: Understanding credit flows in Latin America from a circuitist perspective / Eugenia Correa and Wesley Marshall -- 14. Secular stagnation and the curse of contemporary eldorados: What ever happened to broad-impact products? / Laurent Cordonnier -- 15. Seccareccia and Lavoie on financial crises: Linking the real and financial sectors of the economy: The major contribution of post-Keynesians / Joelle Leclaire -- 16. On the changing nature and geography of crises: Lessons for a sustainable internationalization / Pascal Petit -- 17. Banking and financial crises / Jan Toporowski -- Index.
    Abstract: "In this volume, Louis-Philippe Rochon and Hassan Bougrine bring together key post-Keynesian voices in an effort to push the boundaries of our understanding of banks, central banking, monetary policy and endogenous money. Issues such as interest rates, income distribution, stagnation and crises - both theoretical and empirical - are woven together and analysed by the many contributors to shed new light on them. The result is an alternative analysis of contemporary monetary economies, and the policies that are so needed to address the problems of today. Students and professors of economics, policymakers interested in alternative policies, academics and scholars in all fields will benefit from the explorations therein, and would also appreciate the companion publication, Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics, also published by Edward Elgar Publishing"--
    DOI: 10.4337/9781786439550
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    URL: Deutschlandweit zugänglich
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  • 4
    Online Resource
    Online Resource
    Uprooting economics : a manifesto for change (2019)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781789908428
    Language: English
    Pages: 1 Online-Ressource (xi, 149 Seiten)
    Series Statement: [Elgaronline]
    Series Statement: [Edward Elgar books]
    Series Statement: Edward Elgar E-Book Archive
    Parallel Title: Erscheint auch als Nooteboom, Bart, 1941 - Uprooting economics
    DDC: 330.1
    RVK:
    QC 340
    Keywords: Wirtschaftswissenschaft ; Wirtschaftsethik ; Wirtschaftspsychologie ; Wirtschaftssoziologie ; Wirtschaftsphilosophie ; Economics ; Capitalism ; Economics Moral and ethical aspects ; Electronic books ; Heterodoxe Ökonomie
    Abstract: Contents: Introduction -- 1: Crisis of capitalism -- 2: Economics -- 3: Markets -- 4: Industries -- 5: A new economics -- Bibliography -- Index.
    Abstract: "Much-needed in the face of present political upheavals, including the rise of populism and re-emergence of nationalism and authoritarian regimes, this book is radical in both its critique and proposals for a new economics. Taking an interdisciplinary approach, Bart Nooteboom offers insights from economics, sociology, cognitive science, social psychology and philosophy. Exploring ways in which economics is developing, the book investigates how new economics has moved away from considering individuals as autonomous and instead studies their involvement and interactions with each other. The book discusses a new relational economics: less contractual, hierarchical and controlled, and more based on trust and mutual adjustment. Nooteboom proposes a shift from utility ethics to the virtue ethics of prudence, courage, moderation and justice. A provocative read for economics students, this work is especially pertinent to those interested in rethinking the subject and expanding upon heterodox theories. It will also prove a useful read to critical economists and sociologists looking to better understand a way forward in our current economic climate"--
    DOI: 10.4337/9781789908428
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  • 5
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    Online Resource
    Is there a future for heterodox economics? : institutions, ideology and a scientific community (2019)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781789901597
    Language: English
    Pages: 1 Online-Ressource (ix, 235 Seiten)
    Series Statement: [Elgaronline]
    Series Statement: [Edward Elgar books]
    Series Statement: Edward Elgar E-Book Archive
    Parallel Title: Erscheint auch als Hodgson, Geoffrey M., 1946 - Is there a future for heterodox economics?
    RVK:
    QB 400
    Keywords: Heterodoxe Ökonomik ; Economics ; Electronic books ; Wirtschaftswissenschaften ; Heterodoxe Ökonomie
    Abstract: Contents: Preface -- Introduction -- 1. Space exists to stop everything happening in Cambridge -- 2. What is heterodox economics? -- 3. Rumours of the death of Max U are exaggerated -- 4. The separate heterodoxy of evolutionary economics -- 5. Heterodox economics as a scientific community -- 6. Some possible ways forward -- References -- Index.
    Abstract: "Over the last 50 years, and particularly since the financial crash in 2008, the community of heterodox economists has expanded, and its publications have proliferated. But its power in departments of economics has waned. Addressing this paradox, Geoffrey M. Hodgson argues that heterodox economists are defined more by a left ideology than by a shared understanding of the nature of orthodox economics and of what should replace it. Heterodox economists cannot agree on what heterodoxy means. Employing insights from the sociology and philosophy of science, the author explores the marginalization of heterodox economics in the academic community and its exclusion from positions of power. This perceptive book also shows how the weaknesses of a particular version of heterodoxy stemming from the Cambridge economics of the 1970s have been replicated globally in much of contemporary heterodox economics. The author considers how the field can adapt in order to improve and sustain its presence in academia. Social scientists and economists will find this book both enlightening and useful. In particular, it will be invaluable to student networks and others critical of mainstream economics, and to those teaching economics at undergraduate and postgraduate level"--
    DOI: 10.4337/9781789901597
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  • 6
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    Online Resource
    Recent developments in economics and religion (2018)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781786434555
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: The international library of critical writings in economics 341
    Series Statement: Elgar research reviews in economics
    Series Statement: Elgaronline
    Series Statement: Edward Elgar books
    Series Statement: Edward Elgar E-Book Archive
    Series Statement: The international library of critical writings in economics
    Parallel Title: Erscheint auch als Recent developments in economics and religion
    DDC: 201.73
    Keywords: Wirtschaftstheorie ; Wirtschaftswissenschaft ; Religion ; Religionswissenschaft ; Ökonomische Ideengeschichte ; Christentum ; Economics Religious aspects ; Economics Religious aspects ; Economics Moral and ethical aspects ; Economics ; Electronic books ; Bibliographie enthalten ; Übersichtsarbeit
    Abstract: Recommended readings (Machine generated): 1. Dotan Leshem (2014), 'The Ancient Art of Economics', European Journal of the History of Economic Thought, 21 (2), 201-29 -- 2. Constant J. Mews and Ibrahim Abraham (2007), 'Usury and Just Compensation: Religious and Financial Ethics in Historical Perspective', Journal of Business Ethics, 72 (1), April, 1-15 -- 3. M. Douglas Meeks (2011), 'The Peril of Usury in the Christian Tradition', Interpretation, 65 (2), April, 128-40 -- 4. Peter Harrison (2011), 'Adam Smith and the History of the Invisible Hand', Journal of the History of Ideas, 72 (1), January, 29-49 -- 5. Paul Oslington (2012), 'God and the Market: Adam Smith's Invisible Hand', Journal of Business Ethics, 108 (4), July, 429-38 -- 6. Matthew B. Arbo (2014), 'Theodicy and Commerce', Studies in Christian Ethics, 27 (2), May, 131-43 -- 7. Paul Oslington (2013), 'God and Economic Suffering', CRUX, 49 (3), Fall, 12-19 -- 8. Bradley W. Bateman (2008), '2007 Presidential Address: Reflections on the Secularization of American Economics,' Journal of the History of Economic Thought, 30 (1), March, 1-20 -- 9. Thomas C. Leonard (2011), 'Religion and Evolution in Progressive Era Political Economy: Adversaries or Allies?', History of Political Economy, 43 (3), Fall, 429-69 -- 10. Anthony M. C. Waterman (2008), 'Is “Political Economy” Really a Christian Heresy?', Faith and Economics, 51, Spring, 31-55 -- 11. António Almodovar and Pedro Teixeira (2010), 'Is There a Catholic Economic Thought? Some Answers from the Past', in Daniela Fernanda Parisi and Stefano Solari (eds), Humanism and Religion in the History of Economic Thought: Selected Papers from the 10th Aispe Conference, Part II, Milan, Italy: FrancoAngeli s.r.l., 125-47 -- 12. Mary Hirschfeld (2014), 'On the Relationship Between Finite and Infinite Goods, Or: How to Avoid Flattening', Econ Journal Watch, 11 (2), May, 179-85 -- 13. William McGurn (2002), 'Pulpit Economics', First Things, 122, April, 21-5 -- 14. Paul Oslington (2010-2011), 'Popes and Markets', Policy, 26 (4), Summer, 31-34A -- 15. Daniel P. Payne and Christopher Marsh (2009), 'Sergei Bulgakov's “Sophic” Economy: An Eastern Orthodox Perspective on Christian Economics', Faith and Economics, 53, Spring, 35-51 -- 16. Michael Schluter (2010), 'Beyond Capitalism: Towards a Relational Economy', Cambridge Papers, 19 (1), March, 1-4 -- 17. Kathryn Tanner (2004), 'Economies of Grace', in William Schweiker and Charles Mathewes (eds), Having: Property and Possession in Religious and Social Life, Part 3, Grand Rapids, MI, USA and Cambridge, UK: Wm. B. Eerdmans Publishing Company, 353-82 -- 18. Miroslav Volf (2010), 'Hunger for Infinity: Christian Faith and the Dynamics of Economic Progress', in Captive to the Word of God: Engaging the Scriptures for Contemporary Theological Reflection, Part III, Chapter 6, Grand Rapids, MI, USA and Cambridge, UK: Wm. B. Eerdmans Publishing Company, 151-78 -- 19. A. M. C. Waterman (1991), 'The Intellectual Context of Rerum Novarum', Review of Social Economy, Special Issue: Centennial of “Rerum Novarum” and Semicentennial of the Association, 49 (4), Winter, 465-82
    Abstract: 20. A. M. C. Waterman (1999), 'Market Social Order and Christian Organicism in Centesimus Annus', Journal of Markets and Morality, 2 (2), Fall, 220-33 -- 21. Anthony Waterman (2003), 'Should We Listen to the Churches When They Speak on Economic Issues?', Agenda: A Journal of Policy Analysis and Reform, 10 (3), April, 277-88 -- 22. A. M. C. Waterman (2013), 'The Relation between Economics and Theology in Caritas in Veritate', Erasmus Journal for Philosophy and Economics, 6 (2), Autumn, 24-42 -- 23. Rowan Williams (2010), 'Theology and Economics: Two Different Worlds?', Anglican Theological Review, 92 (4), Fall, 607-15 -- 24. Amos Yong (2010), 'Pentecostal Health and Wealth: A Theology of Economics', in In the Days of Caesar: Pentecostalism and Political Theology: The Cadbury Lectures 2009, Part II, Chapter 7, Grand Rapids, MI, USA and Cambridge, UK: Wm. B. Eerdmans Publishing Company, 257-315 -- 25. Andrew M. Yuengert (2014), 'It's Not Bad to Have Limits, as Long as You Know Them: What the Aristotelian Tradition Can Offer Economics', Faith and Economics, 64, Fall, 37-54 -- 26. Peter S. Heslam (2008), 'The Role of Business in the Fight against Poverty', in Ian R. Harper and Samuel Gregg (eds), Christian Theology and Market Economics, Part III, Chapter 10, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing, 164-80 -- 27. Rachel M. McCleary (2007), 'Salvation, Damnation, and Economic Incentives', Journal of Contemporary Religion, 22 (1), January, 49-74 -- 28. Deirdre N. McCloskey (2013), 'Work in the World: An Economist's Sermon', Faith and Economics, 61, Spring, 66-71 -- 29. Bryant L. Myers (2000), 'The Church and Transformational Development', Transformation: An International Journal of Holistic Mission Studies, 17 (2), April, 64-7 -- 30. Nathan Nunn (2010), 'Religious Conversion in Colonial Africa', American Economic Review: Papers and Proceedings, 100 (2), May, 147-52 -- 31. J. David Richardson (2014), 'Social Entrepreneurship For the Sake of the Kingdom: Why Microeconomics Matters', Inaugural John Mason Lecture, Gordon College, October 13, 2014, Wenham, MA, USA, 1-11 -- 32. Paul S. Williams (2012), 'Capitalism, Religion and the Economics of the Biblical Jubilee', Paper Presented at the Globalisation for the Common Good Initiative 10th Annual International Conference, September 2-5, 2012, Oxford, UK, 1-8 -- 33. Robert D. Woodberry (2012), 'The Missionary Roots of Liberal Democracy', American Political Science Review, 106 (2), May, 244-74 -- 34. Ram A. Cnaan, Tuomi Forrest, Joseph Carlsmith and Kelsey Karsh (2013), 'If You Do Not Count It, It Does Not Count: A Pilot Study of Valuing Urban Congregations', Journal of Management, Spirituality and Religion, 10 (1), 3-36 -- 35. Robert B. Ekelund, Jr., Robert F. Hébert and Robert D. Tollison (2002), 'An Economic Analysis of the Protestant Reformation', Journal of Political Economy, 110 (3), June, 646-71 -- 36. Jonathan Gruber and Daniel M. Hungerman (2008), 'The Church versus the Mall: What Happens when Religion Faces Increased Secular Competition?', Quarterly Journal of Economics, 123 (2), May, 831-62 -- 37. Jay C. Hartzell, Christopher A. Parsons and David L. Yermack (2010), 'Is a Higher Calling Enough? Incentive Compensation in the Church', Journal of Labor Economics, 28 (3), July, 509-39 -- 38. Daniel M. Hungerman (2005), 'Are Church and State Substitutes? Evidence from the 1996 Welfare Reform', Journal of Public Economics, 89 (11-12), December, 2245-67
    Abstract: 39. Laurence R. Iannaccone (2012), 'Extremism and the Economics of Religion', Economic Record, Special Issue: Selected Papers from the 40th Australian Conference of Economists, 88 (S1), June, 110-15 -- 40. Derek Neal (2005), 'Comments on the Economics of Religion', Faith and Economics, Symposium: The Economics of Religion, 46, Fall, 10-13 -- 41. Jörg Stolz (2009), 'Explaining Religiosity: Towards a Unified Theoretical Model', British Journal of Sociology, 60 (2), June, 345-76 -- 42. Christian Smith, Michael O. Emerson and Patricia Snell (2008), 'Who Gives?', Christian Century, 125 (20), October, 26-9 -- 43. John H. Elliott (2008), 'From Social Description to Social-Scientific Criticism. The History of a Society of Biblical Literature Section 1973-2005', Biblical Theology Bulletin: Journal of Bible and Culture, 38 (1), February, 26-36 -- 44. Morris Silver (2004), 'Modern Ancients', in Robert Rollinger and Christoph Ulf (eds), Commerce and Monetary Systems in the Ancient World: Means of Transmission and Cultural Interaction: Proceedings of the Fifth Annual Symposium of the Assyrian and Babylonian Intellectual Heritage Project (Melammu) Held in Innsbruck, Austria, October 3rd-8th 2002, Stuttgart, Germany: Franz Steiner Verlag, 65-87 -- 45. Johannes Renger (1994), 'On Economic Structures in Ancient Mesopotamia: Part One', Orientalia, 63 (3), 157-208 -- 46. Edd S. Noell (2007), 'A “Marketless World”? An Examination of Wealth and Exchange in the Gospels and First-Century Palestine', Journal of Markets and Morality, 10 (1), Spring, 85-114 -- 47. Philip F. Esler (2014), 'An Outline of Social Identity Theory', in J. Brian Tucker and Coleman A. Baker (eds), T&T Clark Handbook to Social Identity in the New Testament, Part I, Chapter 2, London, UK and New York, NY, USA: Bloomsbury T&T Clark, 13-39 -- 48. Zeba Crook (2009), 'Honor, Shame, and Social Status Revisited', Journal of Biblical Literature, 128 (3), Fall, 591-611 -- 49. Deborah Storie and Mark Brett (2009), 'The Church in the Economy of God', Zadok Perspectives, 102, Autumn, 5-10 -- 50. Peter Temin (2001), 'A Market Economy in the Early Roman Empire', Journal of Roman Studies, 91, November, 169-81 -- 51. Walter Scheidel and Steven J. Friesen (2009), 'The Size of the Economy and the Distribution of Income in the Roman Empire', Journal of Roman Studies, 99, November, 61-91
    Abstract: The interdisciplinary field of economics and religion has come a long way since 2003 when Edward Elgar published the pioneering volume Economics and Religion. The influence of religious ideas on the birth of economics as a discipline and its rise to cultural dominance is now widely recognized. The largely Protestant discussion has been enriched by Roman Catholic contributions stimulated by recent Papal Encyclicals. The economics of religion has now matured into a respectable subfield of economics and articles on religion regularly appear in top economics journals. This original and insightful research review places the most recent contributions in context and will be an invaluable resource for scholars and academics alike
    DOI: 10.4337/9781786434555
    URL: Volltext  (Deutschlandweit zugänglich)
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 7
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    Online Resource
    The value of applied economics : the life and work of Arthur (A.J.) Brown (2017)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781786433664 , 1786433664
    Language: English
    Pages: 1 Online-Ressource (ix, 237 Seiten)
    Series Statement: Elgaronline
    Series Statement: Edward Elgar books
    Series Statement: Edward Elgar E-Book Archive
    Parallel Title: Erscheint auch als Button, Kenneth John, 1948 - The value of applied economics
    DDC: 330
    Keywords: Brown, Arthur J. ; Brown, A. J. ; Wirtschaftswissenschaft ; Ökonomen ; Großbritannien ; Economics ; BUSINESS & ECONOMICS / Economics / General ; BUSINESS & ECONOMICS / Reference ; Economists Biography ; Electronic books ; Festschrift ; Brown, Arthur J. 1914-2003
    Abstract: This biography of the English applied economist, Arthur (A.J.) Brown, sets his work from the 1930s to the 1980s in the context of the Great Depression, the emergence of Oxford University as a centre of applied economic research, the contraction of British colonialism in Africa, the enlarging of the UK university system, the post-war arms race, the UK joining the Common Market, and significant changes in the industrial structure of Britain. Brown's approach epitomized the role the applied economist. His career included pioneering analysis in Keynesian economics, serving on official bodies concerned with decolonisation, and membership in the UN's group to examine the economic implications of disarmament, the UK's Hunt Committee, and the EEC's MacDougall Commission. He was also heavily involved in building the Economics Department at Leeds University and serving on the University Grants Committee. Through Brown's experiences, we are granted a unique perspective on applied economics research at Oxford University in 1930s as well as reviews of early debates over the Phillips Curve, the role of economics in British decolonisation policy, and the importance of UK regional policy in the 1970s. Arthur Brown's appreciation of both the technical side of economics and the need for practical, real-world advice for decision-makers makes this a important resource for academics interested in the history of economic ideas, inflation, liquidity preference, Keynesian economics, regional policy, decolonisation, and university finances, as well as economists working in government and industry
    DOI: 10.4337/9781786433664
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 8
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    Online Resource
    The economics of recession (2017)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781786434258
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: The international library of critical writings in economics 337
    Series Statement: Elgaronline
    Series Statement: Edward Elgar books
    Series Statement: Edward Elgar E-Book Archive
    Series Statement: The international library of critical writings in economics
    Parallel Title: Erscheint auch als The economics of recession
    Keywords: Konjunktur ; Konjunkturtheorie ; Recessions ; Economics ; Electronic books ; Aufsatzsammlung
    Abstract: Recommended readings (Machine generated): 1. Geoffrey H. Moore (1967), 'What is a Recession?', American Statistician, 21 (4), October, 16-9 -- 2. Allan P. Layton and Anirvan Banerji (2003), 'What is a Recession?: A Reprise', Applied Economics, 35 (16), 1789-97 -- 3. Arthur F. Burns and Wesley C. Mitchell (1946), 'Working Plans', in Measuring Business Cycles, Chapter 1, New York, NY, USA: National Bureau of Economic Research, 3-22 -- 4. Arthur F. Burns and Wesley C. Mitchell (1946), 'Dating Specific and Business Cycles', in Measuring Business Cycles, Chapter 4, New York, NY, USA: National Bureau of Economic Research, 56-114 -- 5. Geoffrey H. Moore (1958), 'Measuring Recessions', Journal of the American Statistical Association, 53 (282), June, 259-316 -- 6. James D. Hamilton (1989), 'A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle', Econometrica, 57 (2), March, 357-84 -- 7. Michael D. Boldin (1994), 'Dating Turning Points in the Business Cycle', Journal of Business, 67 (1), January, 97-131 -- 8. Don Harding and Adrian Pagan (2003), 'A Comparison of Two Business Cycle Dating Methods', Journal of Economic Dynamics and Control, 27 (9), July, 1681-90 -- 9. João Victor Issler and Farshid Vahid (2006), 'The Missing Link: Using the NBER Recession Indicator to Construct Coincident and Leading Indices of Economic Activity', Journal of Econometrics, 132 (1), May, 281-303 -- 10. James H. Stock and Mark W. Watson (2010), 'Indicators for Dating Business Cycles: Cross-History Selection and Comparisons', American Economic Review: Papers and Proceedings, 100 (2), May, 16-9 -- 11. Christina D. Romer and David H. Romer (1989), 'Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz', in Olivier Jean Blanchard and Stanley Fischer (eds), NBER Macroeconomics Annual 1989, Cambridge, MA, USA and London, UK: MIT Press, 121-70 -- 12. Ben S. Bernanke, Mark Gertler and Mark Watson (1997), 'Systematic Monetary Policy and the Effects of Oil Price Shocks', Brookings Papers on Economic Activity, 1997 (1), 91-157 -- 13. Christopher A. Sims and Tao Zha (2006), 'Does Monetary Policy Generate Recessions?', Macroeconomic Dynamics, 10 (2), April, 231-72 -- 14. Marvin Goodfriend (2007), 'How the World Achieved Consensus on Monetary Policy', Journal of Economic Perspectives, 21 (4), Fall, 47-68 -- 15. Tobias Adrian and Arturo Estrella (2008), 'Monetary Tightening Cycles and the Predictability of Economic Activity', Economics Letters, 99 (2), May, 260-64 -- 16. Christopher Allsopp and David Vines (2005), 'The Macroeconomic Role of Fiscal Policy', Oxford Review of Economic Policy, 21 (4), Winter, 485-508 -- 17. Gary D. Hansen and Edward C. Prescott (1993), 'Did Technology Shocks Cause the 1990-1991 Recession?', American Economic Review: Papers and Proceedings, 83 (2), May, 280-86 -- 18. Giovanni Caggiano, Efrem Castelnuovo and Nicolas Groshenny (2014), 'Uncertainty Shocks and Unemployment Dynamics in U.S. Recessions', Journal of Monetary Economics, 67, October, 78-92 -- 19. Charlotte Christiansen (2013), 'Predicting Severe Simultaneous Recessions Using Yield Spreads as Leading Indicators', Journal of International Money and Finance, 32, February, 1032-43
    Abstract: 20. John B. Taylor (1993), 'Discretion versus Policy Rules in Practice', Carnegie-Rochester Conference Series on Public Policy, 39, December, 195-214 -- 21. Paul Krugman (2005), 'Is Fiscal Policy Poised for a Comeback?', Oxford Review of Economic Policy, 21 (4), Winter, 515-23 -- 22. Alan J. Auerbach and Yuriy Gorodnichenko (2012), 'Measuring the Output Responses to Fiscal Policy', American Economic Journal: Economic Policy, 4 (2), May, 1-27 -- 23. John Roberts (1987), 'An Equilibrium Model with Involuntary Unemployment at Flexible, Competitive Prices and Wages', American Economic Review, 77 (5), December, 856-74 -- 24. Kenneth Clark, Derek Leslie and Elizabeth Symons (1994), 'The Costs of Recession', Economic Journal, 104 (422), January, 20-36 -- 25. Truman Bewley (1999), 'Work Motivation', Federal Reserve Bank of St. Louis Review, 81 (3), May-June, 35-49 -- 26. Lisa B. Kahn (2010), 'The Long-Term Labor Market Consequences of Graduating from College in a Bad Economy', Labour Economics, 17 (2), April, 303-16 -- 27. Steven J. Davis and Till von Wachter (2011), 'Recessions and the Costs of Job Loss', Brookings Papers on Economic Activity, 2011 (2), Fall, 1-55 -- 1. Min Ouyang (2009), 'The Scarring Effect of Recessions', Journal of Monetary Economics, 56 (2), March, 184-99 -- 2. Arturo Estrella (2004), 'The Cyclical Behavior of Optimal Bank Capital', Journal of Banking and Finance, 28 (6), June, 1469-98 -- 3. Alessandro Beber and Michael W. Brandt (2010), 'When it Cannot Get Better or Worse: The Asymmetric Impact of Good and Bad News on Bond Returns in Expansions and Recessions', Review of Finance, 14 (1), January, 119-55 -- 4. Kyle Bagwell and Robert W. Staiger (1997), 'Collusion over the Business Cycle', RAND Journal of Economics, 28 (1), Spring, 82-106 -- 5. Gadi Barlevy (2002), 'The Sullying Effect of Recessions', Review of Economic Studies, 69 (1), January, 65-96 -- 6. Kwan Ok Lee and Gary Painter (2013), 'What Happens to Household Formation in a Recession', Journal of Urban Economics, 76, July, 93-109 -- 7. Elizabeth A.M. Searing (2013), 'Love Thy Neighbor? Recessions and Interpersonal Trust in Latin America', Journal of Economic Behavior and Organization, 94, October, 68-79 -- 8. Paola Giuliano and Antonio Spilimbergo (2014), 'Growing Up in a Recession', Review of Economic Studies, 81 (2), April, 787-817 -- 9. Alexandra Graddy-Reed and Maryann P. Feldman (2015), 'Stepping Up: An Empirical Analysis of the Role of Social Innovation in Response to an Economic Recession', Cambridge Journal of Regions, Economy and Society, 8 (2), July, 293-312 -- 10. Christopher J. Ruhm (2000), 'Are Recessions Good for Your Health?', Quarterly Journal of Economics, 115 (2), May, 617-50 -- 11. Jan Boone and Jan C. van Ours (2006), 'Are Recessions Good for Workplace Safety?', Journal of Health Economics, 25 (6), November, 1069-93
    Abstract: 12. Melissa McInerney and Jennifer M. Mellor (2012), 'Recessions and Seniors' Health, Health Behaviors, and Healthcare Use: Analysis of the Medicare Current Beneficiary Survey', Journal of Health Economics, 31 (5), September, 744-51 -- 13. Ehsan Latif (2014), 'The Impact of Recession on Drinking and Smoking Behaviours in Canada', Economic Modelling, 42, October, 43-56 -- 14. James H. Stock and Mark W. Watson (1989), 'New Indexes of Coincident and Leading Economic Indicators', in Olivier Jean Blanchard and Stanley Fischer (eds), NBER Macroeconomics Annual 1989, Cambridge, MA, USA and London, UK: MIT Press, 351-94 -- 15. Arturo Estrella and Gikas A. Hardouvelis (1991), 'The Term Structure as a Predictor of Real Economic Activity', Journal of Finance, XLVI (2), June, 555-76 -- 16. Benjamin M. Friedman and Kenneth N. Kuttner (1993), 'Why Does the Paper-Bill Spread Predict Real Economic Activity?', in James H. Stock and Mark W. Watson (eds), Business Cycles, Indicators, and Forecasting: National Bureau of Economic Research, Studies in Business Cycles, Volume 28, Chapter 5, Chicago, IL, USA and London, UK: University of Chicago Press, 213-53 -- 17. Arturo Estrella and Frederic S. Mishkin (1997), 'The Predictive Power of the Term Structure of Interest Rates in Europe and the United States: Implications for the European Central Bank', European Economic Review, 41 (7), July, 1375-1401 -- 18. Arturo Estrella and Frederic S. Mishkin (1998), 'Predicting U.S. Recessions: Financial Variables as Leading Indicators', Review of Economics and Statistics, 80 (1), February, 45-61 -- 19. Henri Bernard and Stefan Gerlach (1998), 'Does the Term Structure Predict Recessions? The International Evidence', International Journal of Finance and Economics, 3 (3), July, 195-215 -- 20. Arturo Estrella, Anthony P. Rodrigues and Sebastian Schich (2003), 'How Stable is the Predictive Power of the Yield Curve? Evidence from Germany and the United States', Review of Economics and Statistics, 85 (3), August, 629-44 -- 21. Arturo Estrella (2005), 'Why Does the Yield Curve Predict Output and Inflation?', Economic Journal, 115 (505), July, 722-44, A1-A2 -- 22. Agustin Duarte, Ioannis A. Venetis and Ivan Paya (2005), 'Predicting Real Growth and the Probability of Recession in the Euro Area Using the Yield Spread', International Journal of Forecasting, 21 (2), April-June, 261-77 -- 23. Arturo Estrella and Mary R. Trubin (2006), 'The Yield Curve as a Leading Indicator: Some Practical Issues', Federal Reserve Bank of New York: Current Issues in Economics and Finance, 12 (5), July/August, 1-7 -- 24. Charlotte Christiansen, Jonas Nygaard Eriksen and Stig Vinther Møller (2014), 'Forecasting US Recessions: The Role of Sentiment', Journal of Banking and Finance, 49, December, 459-68 -- 25. John C. Bluedorn, Jörg Decressin and Marco E. Terrones (2016), 'Do Asset Price Drops Foreshadow Recessions?', International Journal of Forecasting, 32 (2), April-June, 518-26 -- 26. Marcelle Chauvet and Simon Potter (2005), 'Forecasting Recessions Using the Yield Curve', Journal of Forecasting, 24 (2), March, 77-103 -- 27. Heikki Kauppi and Pentti Saikkonen (2008), 'Predicting U.S. Recessions with Dynamic Binary Response Models', Review of Economics and Statistics, 90 (4), November, 777-91 -- 28. Pär Österholm (2012), 'The Limited Usefulness of Macroeconomic Bayesian VARs When Estimating the Probability of a US Recession', Journal of Macroeconomics, 34 (1), March, 76-86 -- 29. Glenn D. Rudebusch and John C. Williams (2009), 'Forecasting Recessions: The Puzzle of the Enduring Power of the Yield Curve', Journal of Business and Economic Statistics, 27 (4), October, 492-503 -- 30. Marcelle Chauvet and Jeremy Piger (2008), 'A Comparison of the Real-Time Performance of Business Cycle Dating Methods', Journal of Business and Economic Statistics, 26 (1), January, 42-9
    Abstract: 31. James D. Hamilton (2011), 'Calling Recessions in Real Time', International Journal of Forecasting, 27 (4), October-December, 1006-26 -- 32. James Ang and Adam Smedema (2011), 'Financial Flexibility: Do Firms Prepare for Recession?', Journal of Corporate Finance, 17 (3), June, 774-87 -- 33. Ricardo J. Caballero and Mohamad L. Hammour (1994), 'The Cleansing Effect of Recessions', American Economic Review, 84 (5), December, 1350-68
    Abstract: This timely research review analyses a broad selection of important readings from the existing literature addressing several fundamental questions about recessions. These include what a recession is, the causes and effects of recessions, how to identify and predict recessions, and how to manage the associated risks. The review offers a general overview of the subject, detailed analysis of the readings, discussion of policy implications and acknowledgement of the areas where further research is required, proving itself to be an invaluable source of reference for academics, scholars and practitioners alike
    DOI: 10.4337/9781786434258
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  • 9
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    The economic theory of incentives (2017)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781785364440
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: The international library of critical writings in economics 338
    Series Statement: Elgaronline
    Series Statement: Edward Elgar books
    Series Statement: The international library of critical writings in economics 338
    Series Statement: Edward Elgar E-Book Archive
    Series Statement: The international library of critical writings in economics
    Parallel Title: Erscheint auch als The economic theory of incentives
    Keywords: Anreiz ; Wirtschaftstheorie ; Economics ; Economics Moral and ethical aspects ; Incentive (Psychology) ; Electronic books ; Aufsatzsammlung ; Anreiz ; Wirtschaft ; Theorie
    Abstract: Recommended readings (Machine generated): 1. Claude d'Aspremont and Louis-André Gérard-Varet (1979), 'Incentives and Incomplete Information', Journal of Public Economics, 11 (1), February, 25-45 -- 2. Jerry Green and Jean-Jacques Laffont (1977), 'Characterization of Satisfactory Mechanisms for the Revelation of Preferences for Public Goods', Econometrica, 45 (2), March, 427-38 -- 3. Theodore Groves (1973), 'Incentives in Teams', Econometrica, 41 (4), July, 617-31 -- 4. Jean-Jacques Laffont and Eric Maskin (1979), 'A Differential Approach to Expected Utility Maximizing Mechanisms', in Jean-Jacques Laffont (ed.), Aggregation and Revelation of Preferences: Studies in Public Economics Volume 2, Part IV, Chapter 16, Amsterdam, the Netherlands, New York, NY, USA and Oxford, UK: North-Holland Publishing Company, 289-308 -- 5. Jean-Jacques Laffont and Eric Maskin (1980), 'A Differential Approach to Dominant Strategy Mechanisms', Econometrica, 48 (6), September, 1507-20 -- 6. George J. Mailath and Andrew Postlewaite (1990), 'Asymmetric Information Bargaining Problems with Many Agents', Review of Economic Studies, 57 (3), July, 351-67 -- 7. Allan Gibbard (1973), 'Manipulation of Voting Schemes: A General Result', Econometrica, 41 (4), July, 587-601 -- 8. Partha Dasgupta, Peter Hammond and Eric Maskin (1979), 'The Implementation of Social Choice Rules: Some General Results on Incentive Compatibility', Review of Economic Studies, 46 (2), April, 185-216 -- 9. Roger B. Myerson (1979), 'Incentive Compatibility and the Bargaining Problem', Econometrica, 47 (1), January, 61-73 -- 10. Roger B. Myerson (1982), 'Optimal Coordination Mechanisms in Generalized Principal-Agent Problems', Journal of Mathematical Economics, 10 (1), June, 67-81 -- 11. Joel S. Demski and David Sappington (1984), 'Optimal Incentive Contracts with Multiple Agents', Journal of Economic Theory, 33 (1), June 152-71 -- 12. Eric Maskin (1999), 'Nash Equilibrium and Welfare Optimality', Review of Economic Studies, Special Issue: Contracts, 66 (1), January, 23-38 -- 13. Eric Maskin and John Moore (1999), 'Implementation and Renegotiation', Review of Economic Studies, Special Issue: Contracts, 66 (1), January, 39-56 -- 14. John Moore and Rafael Repullo (1988), 'Subgame Perfect Implementation', Econometrica, 56 (5), September, 1191-1220 -- 15. John Moore and Rafael Repullo (1990), 'Nash Implementation: A Full Characterization', Econometrica, 58 (5), September, 1083-99 -- 16. Thomas R. Palfrey and Sanjay Srivastava (1989), 'Implementation with Incomplete Information in Exchange Economies', Econometrica, 57 (1), January, 115-34 -- 17. Dilip Mookherjee and Stefan Reichelstein (1990), 'Implementation via Augmented Revelation Mechanisms', Review of Economic Studies, 57 (3), July, 453-75 -- 18. Bengt Holmström and Roger B. Myerson (1983), 'Efficient and Durable Decision Rules with Incomplete Information', Econometrica, 51 (6), November, 1799-1819 -- 19. John O. Ledyard and Thomas R. Palfrey (1999), 'A Characterization of Interim Efficiency with Public Goods', Econometrica, 67 (2), March, 435-48
    Abstract: 20. Jacques Crémer and Richard P. McLean (1988), 'Full Extraction of the Surplus in Bayesian and Dominant Strategy Auctions', Econometrica, 56 (6), November, 1247-57 -- 21. Philippe Jehiel and Benny Moldovanu (2001), 'Efficient Design with Interdependent Valuations', Econometrica, 69 (5), September, 1237-59 -- 22. Eric Maskin and John Riley (1989), 'Optimal Multi-unit Auctions', in Frank Hahn (ed.), The Economics of Missing Markets, Information, and Games, Chapter 14, Oxford, UK: Clarendon Press, 312-35 -- 23. Roger B. Myerson (1981), 'Optimal Auction Design', Mathematics of Operations Research, 6 (1), February, 58-73 -- 24. John G. Riley and William F. Samuelson (1981), 'Optimal Auctions', American Economic Review, 71 (3), June, 381-92 -- 25. Dirk Bergemann and Stephen Morris (2005), 'Robust Mechanism Design', Econometrica, 73 (6), November, 1771-1813 -- 26. Philippe Jehiel, Moritz Meyer-ter-Vehn, Benny Moldovanu and William R. Zame (2006), 'The Limits of Ex Post Implementation', Econometrica, 74 (3), May, 585-610 -- 27. Dilip Mookherjee and Stefan Reichelstein (1992), 'Dominant Strategy Implementation of Bayesian Incentive Compatible Allocation Rules', Journal of Economic Theory, 56 (2), April, 378-99 -- 28. Zvika Neeman (2004), 'The Relevance of Private Information in Mechanism Design', Journal of Economic Theory, 117 (1), July, 55-77 -- 29. Robert Wilson (1987), 'Game-Theoretic Analyses of Trading Processes', in Truman F. Bewley (ed.), Advances in Economic Theory: Fifth World Congress, Chapter 2, Cambridge, UK, New York, NY, USA and Melbourne, Australia: Cambridge University Press, 33-70 -- 30. Roger B. Myerson and Mark A. Satterthwaite (1983), 'Efficient Mechanisms for Bilateral Trading', Journal of Economic Theory, 29 (2), April, 265-81 -- 31. Peter Cramton, Robert Gibbons and Paul Klemperer (1987), 'Dissolving a Partnership Efficiently', Econometrica, 55 (3), May, 615-32, 1493 (Erratum) -- 32. Steven R. Williams (1999), 'A Characterization of Efficient, Bayesian Incentive Compatible Mechanisms', Economic Theory, 14 (1), July, 155-8 -- 33. Bengt Holmström (1982), 'Moral Hazard in Teams', Bell Journal of Economics, 13 (2), Autumn, 324-40 -- 34. Patrick Legros and Steven A. Matthews (1993), 'Efficient and Nearly-Efficient Partnerships', Review of Economic Studies, 60 (3), July, 599-611 -- 35. Eric Rasmusen (1987), 'Moral Hazard in Risk-Averse Teams', RAND Journal of Economics, 18 (3), Autumn, 428-35 -- 36. David Rahman (2012), 'But Who Will Monitor the Monitor?', American Economic Review, 102 (6), October, 2767-97 -- 37. Yeon-Koo Che and Seung-Weon Yoo (2001), 'Optimal Incentives for Teams', American Economic Review, 91 (3), June, 525-41 -- 38. Edward P. Lazear and Sherwin Rosen (1981), 'Rank-Order Tournaments as Optimum Labor Contracts', Journal of Political Economy, 89 (5), October, 841-64
    Abstract: 39. Hideshi Itoh (1991), 'Incentives to Help in Multi-Agent Situations', Econometrica, 59 (3), May, 611-36 -- 40. Dilip Mookherjee (1984), 'Optimal Incentive Schemes with Many Agents', Review of Economic Studies, LI (3), July, 433-46 -- 41. Barry J. Nalebuff and Joseph E. Stiglitz (1983), 'Prizes and Incentives: Towards a General Theory of Compensation and Competition', Bell Journal of Economics, 14 (1), Spring, 21-43 -- 42. Ching-To Ma (1988), 'Unique Implementation of Incentive Contracts with Many Agents', Review of Economic Studies, LV (4), October, 555-71 -- 1. Philippe Aghion and Patrick Bolton (1992), 'An Incomplete Contracts Approach to Financial Contracting', Review of Economic Studies, 59 (3), July, 473-94 -- 2. Philippe Aghion and Jean Tirole (1997), 'Formal and Real Authority in Organizations', Journal of Political Economy, 105 (1), February, 1-29 -- 3. Aaron S. Edlin and Stefan Reichelstein (1996), 'Holdups, Standard Breach Remedies, and Optimal Investment', American Economic Review, 86 (3), June, 478-501 -- 4. Mathias Dewatripont and Jean Tirole (1994), 'A Theory of Debt and Equity: Diversity of Securities and Manager-Shareholder Congruence', Quarterly Journal of Economics, 109 (4), November, 1027-54 -- 5. Sanford J. Grossman and Oliver D. Hart (1986), 'The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration', Journal of Political Economy, 94 (4), August, 691-719 -- 6. Oliver Hart and John Moore (1990), 'Property Rights and the Nature of the Firm', Journal of Political Economy, 98 (6), December, 1119-58 [40] -- 7. Jean Tirole (1986), 'Procurement and Renegotiation', Journal of Political Economy, 94 (2), April, 235-59 -- 8. Ilya Segal (1999), 'Complexity and Renegotiation: A Foundation for Incomplete Contracts', Review of Economic Studies, Special Issue: Contracts, 66 (1), January, 57-82 -- 9. Eric Maskin and Jean Tirole (1999), 'Unforeseen Contingencies and Incomplete Contracts', Review of Economic Studies, Special Issue: Contracts, 66 (1), January, 83-114 -- 10. Jonathan Levin (2003), 'Relational Incentive Contracts', American Economic Review, 93 (3), June, 835-57 -- 11. W. Bentley MacLeod and James M. Malcomson (1989), 'Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment', Econometrica, 57 (2), March, 447-80 -- 12. W. Bentley MacLeod (2003), 'Optimal Contracting with Subjective Evaluation', American Economic Review, 93 (1), March, 216-40 -- 13. Hideshi Itoh (1993), 'Coalitions, Incentives, and Risk Sharing', Journal of Economic Theory, 60 (2), August, 410-27 -- 14. Jean-Jacques Laffont and David Martimort (1999), 'Separation of Regulators against Collusive Behavior', RAND Journal of Economics, 30 (2), Summer, 232-62 -- 15. Jean-Jacques Laffont and Jean Tirole (1991), 'The Politics of Government Decision-Making: A Theory of Regulatory Capture', Quarterly Journal of Economics, 106 (4), November, 1089-1127
    Abstract: 16. Jean Tirole (1986), 'Hierarchies and Bureaucracies: On the Role of Collusion in Organizations', Journal of Law, Economics, and Organization, 2 (2), Fall, 181-214 -- 17. Hal R. Varian (1990), 'Monitoring Agents With Other Agents', Journal of Institutional and Theoretical Economics, 146 (1), March, 153-74 -- 18. Yeon-Koo Che and Jinwoo Kim (2006), 'Robustly Collusion-Proof Implementation', Econometrica, 74 (4), July, 1063-1107 -- 19. Jean-Jacques Laffont and David Martimort (1997), 'Collusion under Asymmetric Information', Econometrica, 65 (4), July, 875-911 -- 20. Sandeep Baliga and Tomas Sjöström (1998), 'Decentralization and Collusion', Journal of Economic Theory, 83 (2), December, 196-232 -- 21. David P. Baron and David Besanko (1992), 'Information, Control, and Organizational Structure', Journal of Economics and Management Strategy, 1 (2), Summer, 237-75 -- 22. Jean-Jacques Laffont and David Martimort (1998), 'Collusion and Delegation', RAND Journal of Economics, 29 (2), Summer, 280-305 -- 23. Nahum D. Melumad, Dilip Mookherjee and Stefan Reichelstein (1995), 'Hierarchical Decentralization of Incentive Contracts', RAND Journal of Economics: Symposium on the Economics of Organization, 26 (4), Winter, 654-72 -- 24. Dilip Mookherjee and Masatoshi Tsumagari (2004), 'The Organization of Supplier Networks: Effects of Delegation and Intermediation', Econometrica, 72 (4), July, 1179-1219 -- 25. B. Douglas Bernheim and Michael D. Whinston (1986), 'Menu Auctions, Resource Allocation, and Economic Influence', Quarterly Journal of Economics, CI (1), February, 1-31 -- 26. B. Douglas Bernheim and Michael D. Whinston (1986), 'Common Agency', Econometrica, 54 (4), July, 923-42 -- 27. David Martimort and Lars Stole (2002), 'The Revelation and Delegation Principles in Common Agency Games', Econometrica, 70 (4), July, 1659-73 -- 28. David Martimort and Lars Stole (2009), 'Market Participation in Delegated and Intrinsic Common-Agency Games', RAND Journal of Economics, 40 (1), Spring, 78-102 -- 29. Ilya Segal (1999), 'Contracting with Externalities', Quarterly Journal of Economics, CXIV (2), May, 337-88 -- 30. B. Douglas Bernheim and Michael D. Whinston (1998), 'Exclusive Dealing', Journal of Political Economy, 106 (1), February, 64-103 -- 31. David Martimort (1996), 'Exclusive Dealing, Common Agency, and Multiprincipals Incentive Theory', RAND Journal of Economics, 27 (1), Spring, 1-31
    Abstract: This comprehensive research review recaps major literary contributions to the economic theory of incentives. These carefully selected papers, both classic and contemporary, analyse collective decision problems in the context of asymmetric information, moral hazard and incomplete contracting. This review is an essential tool for any serious scholar and student in the field
    DOI: 10.4337/9781785364440
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 10
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    A modern guide to rethinking economics (2017)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781784717216
    Language: English
    Pages: 1 Online-Ressource (xxi, 441 Seiten)
    Series Statement: Elgaronline
    Series Statement: Edward Elgar books
    Series Statement: New directions in post-keynesian economics series
    Series Statement: Edward Elgar E-Book Archive
    Series Statement: New directions in post-Keynesian economics
    Parallel Title: Erscheint auch als A modern guide to rethinking economics
    DDC: 330
    RVK:
    QC 000
    RVK:
    QB 100
    Keywords: Makroökonomik ; Heterodoxe Ökonomik ; Neoklassische Synthese ; Neoklassische Theorie ; Postkeynesianismus ; Ökonomische Ideengeschichte ; Wirtschaftspolitik ; Economics ; Electronic books ; Aufsatzsammlung ; Wirtschaftskrise ; Wirtschaftspolitik ; Wirtschaftstheorie ; Makroökonomie ; Heterodoxe Ökonomie ; Neoklassische Theorie ; Neokeynesianismus
    Abstract: pt. I. Conceptual and methodological issues -- pt. II. Economic policy issues -- pt. III. Global issues.
    Abstract: Since the beginning of the twenty-first century, there has been an unprecedented move towards 'rethinking economics' due to the damages generated by the global financial crisis that burst in 2007-2008. Almost a decade after this crisis, policy is still unable to provide all citizens greater wellbeing or at least an encouraging economic future. This book addresses the urgent need to rethink economics by providing readers at all levels with thoughtful chapters on a range of relevant economic topics. Editors Louis-Philippe Rochon and Sergio Rossi provide a first-class compilation of contemporary economic problems as well as a criticism of mainstream economics and economic policy, thereby offering a thorough investigation of these issues and policy solutions along alternative lines of thought. The book includes chapters on rethinking fiscal and monetary policies, international trade, the role of the State, money, banks, economic growth, the environment, development policies, energy, healthcare, and more. Special attention is paid to the importance of institutions and power relationships within the economic system. Written by top experts in their respective fields, this book will be useful to students and faculty who want to not only rethink economics, but also to offer an alternative and coherent economic analysis to the orthodoxy. Economists and policy-makers will also find this book to be of much interest
    DOI: 10.4337/9781784717216
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  • 11
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    The economics of Keynes : a new guide to the general theory (2006)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781781008683
    Language: English
    Pages: 1 Online-Ressource (xvi, 257 pages) , illustrations
    Series Statement: New directions in modern economics series
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als Hayes, Mark, 1956 - 2019 The economics of Keynes
    DDC: 330.156
    RVK:
    QC 300
    Keywords: Keynes, John Maynard ; Keynes John Maynard ; 1883-1946 ; Keynesianismus ; Keynesian economics ; Economics ; Keynesian economics ; Keynessche Theorie
    Abstract: In his 'New Guide' to The General Theory, Mark G. Hayes presents Keynes's illustrious work as a sophisticated Marshallian theory of the competitive equilibrium of the economy as a whole. This unique book takes full account of the nature of time and money and illustrates that The General Theory remains highly relevant to the teacher and advanced student of modern macroeconomics. The Economics of Keynes introduces several interpretative innovations to resolve many puzzles presented in the literature of the last 70 years. It is designed to be read in parallel with The General Theory and will allow modern readers to find their bearings before plunging into an in-depth analysis of major themes contained in The General Theory. The key areas in which this 'New Guide' differs from the familiar exposition of current macroeconomics textbooks are also explicitly identified. The author reaches positive and hopeful conclusions for the development of economic theory and policy. Promoting a thorough understanding of the legitimate domain of equilibrium analysis and a renewed commitment to the possibility of genuinely full employment, this book will provide an illuminating and fascinating read for anyone wishing to appreciate fully the value of The General Theory. More specifically, academics and advanced students of macroeconomics across the board - classical, orthodox, Post Keynesian and heterodox - interested in a fresh attempt to connect The General Theory with modern macroeconomics will find this book to be the ideal tool
    Description / Table of Contents: Contents: Foreword -- Preface -- Five propositions of the general theory -- Prologue -- 1. Two theories of employment -- 2. Definitions and ideas -- 3. The propensity to consume -- 4. The inducement to invest -- 5. Employment, money and the price-level -- 6. Policy implications -- Epilogue -- References -- Index.
    Note: Includes bibliographical references (pages 238-246) and index
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  • 12
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    Economics confronts the economy (2006)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781781958766
    Language: English
    Pages: 1 Online-Ressource (416 pages)
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als Klein, Philip A., 1927 - Economics confronts the economy
    DDC: 330
    RVK:
    QC 070
    Keywords: Wirtschaftswissenschaft ; Wirtschaftsgeschichte ; Economics ; Volkswirtschaftslehre ; Wirtschaftstheorie ; Lehre ; Geschichte ; Politikberatung ; Wirtschaftspolitik ; Volkswirtschaftslehre ; Wirtschaftswissenschaften
    Abstract: Economics Confronts the Economy is a challenging and unorthodox look at contemporary economic analysis. Philip Klein presents a highly reasoned and yet personal view of the state of economics today. While his views may be contentious to some, it is an accessible book that will provoke discussion and debate to a wide readership. Professor Klein begins with the assumption that the basic function of economic theory is to provide a sound guide for public policy in assisting society in defining what it means by 'economic progress'. In the words of Thorstein Veblen it involves economic activity as explicit steps to be taken at any given time to enable the economy to play its most effective role in 'enhancing human life'. The book argues that modern mainstream economics is failing in this task in terms of what it teaches young economists, what it contributes to public policy debates and what it has done to the field of economics. This book will have a wide audience throughout the many and varied fields of economics including heterodox economics, micro- and macroeconomics, history of economic thought and economic policy
    Description / Table of Contents: Contents: Introduction -- 1. The unchanging focus of modern economics -- 2. Making progress with theory: Do we get what we want or want what we get? -- 3. Lowering the learning in economics, 1950-2000 -- 4. Trivialization and elegance i: The world of microeconomics -- 5. Trivialization and elegance ii: The world of macroeconomics -- 6. Theory and the role of the public sector -- 7. Focus on 'mainstream economics': Obstacles to the competition for new ideas -- 8. Economics confronts the economy: An alternative view - don't cry for me, economics -- Index.
    Note: Includes bibliographical references and index
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  • 13
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    Economic thought and the making of European monetary union : selected essays of Ivo Maes (2002)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781782542810
    Language: English
    Pages: 1 Online-Ressource (xx, 202 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Maes, Ivo, 1956 - Economic thought and the making of European Monetary Union
    DDC: 332.4/94
    RVK:
    QM 333
    Keywords: Europäische Kommission ; Economic and Monetary Union ; Eurozone ; Währungsunion ; Ökonomische Ideengeschichte ; Optimaler Währungsraum ; EU-Staaten ; Monetary unions ; Economics ; Europe Economic integration ; Wirtschaftspolitik ; Europäisches Währungssystem ; Wirtschaftstheorie
    Abstract: This valuable book examines the interaction between economic ideas and the policy-making process in Europe, centred around the creation of European Monetary Union. The essays cover three broad areas: early debates on European monetary integration, economic thought at the European Community institutions, and the establishment of Economic and Monetary Union (EMU) in Europe. Core elements of the book are analyses of Europe's quest for exchange rate stability and of the debates on the nature of EMU and the path towards it. With the aid of crucial case studies, Ivo Maes goes on to chart the growing awareness among policymakers of the increasing interdependence between Europe's economies and the rise of a new medium-term, stability-oriented policy conception - both vital and necessary factors in the genesis of EMU. Drawing on the extensive experience of the author, both as an academic and a senior official involved in European economic policy-making, this book undoubtedly contributes towards a better understanding of the role of economic ideas in the process of European monetary integration. It will be an important addition to the literature on EMU and will be required reading for scholars and policymakers in the fields of economics, European studies and the history of economic thought
    Description / Table of Contents: Contents: Foreword by g. Quaden -- Foreword by a.w. Coats -- Introduction -- Part I: Early debates on European monetary integration -- 1. State and market post-war integration theory -- 2. Optimum currency area theory and European monetary integration -- 3. Monetary integration debates in the 1970s -- Part II: Economic thought at the European community institutions -- 4. The development of economic thought at the European community institutions -- 5. Macroeconomic thought at the European commission in the 1970s: The first decade of the annual economic reports -- 6. Macroeconomic thought at the European commission in the first half of the 1980s -- Part III: The making of European monetary union -- 7. Emu from a historical perspective -- Index.
    Note: Includes bibliographical references and index
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  • 14
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    Essays in economic theory, growth, and labour markets : a festschrift in honour of E. Drandakis (2002)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781782543602
    Language: English
    Pages: 1 Online-Ressource (a xviii, 293 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Essays in economic theory, growth and labour markets
    DDC: 330
    RVK:
    QB 920
    Keywords: Wachstumstheorie ; Allgemeines Gleichgewicht ; Lohn ; Spieltheorie ; Theorie ; Economics ; Labor market ; Aufsatzsammlung ; Wirtschaftstheorie ; Aufsatzsammlung ; Arbeitsmarkt ; Aufsatzsammlung ; Wirtschaftswachstum ; Aufsatzsammlung ; Makroökonomie ; Wachstumstheorie ; Arbeitsmarkttheorie
    Abstract: The distinguished contributors in this volume provide a variety of essays, which are written in honor of Emmanuel Drandakis. These essays fall into four uniform areas of economics: economic growth, general equilibrium, labor economics and game theory and applications. The editors focus on a select set of issues that stand high on the agenda of academic research. They provide fresh insights and approaches to the analysis of these issues, and thus open up wider avenues for our understanding of the dilemmas posed for theory and policy. Readers are offered new empirical evidence on such thorny social problems as, for example, unemployment, the intergenerational transmission of human capital and the response of wages to price and endowment changes. These contributions, in conjunction with the realisation that the papers are written by some of the most distinguished economists in the respective areas, make the volume an attractive addition for all who are interested in the contemporary research and teaching of economics
    Description / Table of Contents: Contents: Preface -- Part I: Economic growth -- 1. Some early conferences on growth theory -- 2. Discounting and the growth of net national product -- Part II: General equilibrium -- 3. Equilibrium selections -- 4. Extensive form implementation of weak fine core allocations through penalties -- 5. Nonlinear neighbourhood interactions and intergenerational transmission of human capital -- 6. Beliefs and the neutrality of money -- 7. Towards a general theory of real capital -- Part III: Labor economics -- 8. Endowment changes, price response, and the behavior of wages -- 9. The pace of work and pay -- 10. The incidence of increased unemployment in the group of seven, 1970-94 -- 11. Labor incentives and manumission in ancient greek slavery -- Part IV: Game theory and applications -- 12. Agency games -- 13. The role of beliefs, knowledge, and rationality in non-cooperative games -- 14. The economics of research joint ventures -- Index.
    Note: Includes bibliographical references and index
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  • 15
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    Knowledge, social institutions, and the division of labour (2001)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781782542377
    Language: English
    Pages: 1 Online-Ressource (xi, 367 pages)
    Parallel Title: Erscheint auch als
    DDC: 330.1
    Keywords: Social sciences ; Knowledge, Sociology of ; Economics
    Abstract: Knowledge, Social Institutions and the Division of Labour gives rise to a new and richer institutional analysis of the economy centred around the analysis of language, the division of labour and social knowledge. It is in this perspective that the economic analysis of institutions comes to be associated with the study of civil society, or with the broad framework of communication and coordination behind the interaction of individuals in economic and non-economic spheres. This fascinating book is divided into three parts beginning with the issue of the development of science as an aspect of the division of labour, starting from methodological problems on the communication of scientific knowledge. The volume goes on to explore issues on the moral bases of social interaction and, more particularly, of commercial society before ending with in depth analyses of questions on the division of labour, social institutions and the diffusion of knowledge in society
    Description / Table of Contents: Contents: Preface -- Coordination, connecting principles and social knowledge: An introductory essay -- Part I: Rationality, communication and connecting principles -- Part II: Social interaction and moral sentiments -- Part III: Division of labour, patterns of interdependence and social institutions -- Index.
    Note: A collection of 16 papers first presented at a conference sponsored by the European Society of the History of Economic Thought in February-March 1998, and subsequently revised , Includes bibliographical references and indexes
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  • 16
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    Economics, science, and technology (2000)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781035303595
    Language: English
    Pages: 1 Online-Ressource (xiii, 262 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Payson, Steven, 1957 - Economics, science and technology
    DDC: 330
    RVK:
    QX 840
    RVK:
    ZG 8640
    Keywords: Wirtschaftswissenschaft ; Wissenschaft ; Naturwissenschaft ; Forschung ; Technischer Fortschritt ; Theorie ; Economics ; Science and industry ; Technological innovations ; Wirtschaftswissenschaften ; Innovationsforschung
    Abstract: Economists need to understand some fundamental aspects of science in order to measure and analyse the process of technological change. This book explores the interrelationships between economics, science and technology in order to find ways of improving economists' approaches to technical change. Dr Payson begins by offering a scientific critique of economic discourse and presents a unique, unconstrained and critical view of the behavioral differences between economists and scientists. The economic literature on technological change is analysed in order to assess economists' approach to science. The author then offers concrete solutions for the useful economic study of technological change including alternative methods of classifying data based on scientific principles, a characteristics approach to measuring physical capital, and a futuristic exploration into how artificial intelligence may improve economics
    Description / Table of Contents: Contents: Preface -- Part I: A scientific critique of economic discourse -- 1. Economics of science versus science of economics -- 2. The difference in behavior between economists and scientists -- 3. Measurement in economics must be taken more seriously -- Part II: Economic literature on scientific advancement, technological change and related topics -- 4. Science as a public good -- 5. Subfields on the economic effects of scientific research -- 6. Economic literature on technological change -- Part III: New attitudes, philosophies, frameworks and models -- 7. Product evolution and the case for function-based classification -- 8. Business interests in scientific discoveries -- 9. Capital input - it need not be metaphysical -- 10. Conclusion -- References -- Index.
    Note: Includes bibliographical references (pages 229-252) and index
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  • 17
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    Innovation, organization and economic dynamics : selected essays (2000)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781782541851
    Language: English
    Pages: 1 Online-Ressource (x, 703 pages) , illustrations
    Uniform Title: Essays Selections
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Dosi, Giovanni, 1953 - Innovation, organization and economic dynamics
    DDC: 338/.064
    RVK:
    QC 344
    RVK:
    QP 210
    Keywords: Innovation ; Technischer Fortschritt ; Industrieökonomik ; Evolutionsökonomik ; Theorie ; Technological innovations Economic aspects ; Economics ; Aufsatzsammlung ; Evolutorische Wirtschaft ; Technische Innovation ; Innovation
    Abstract: Giovanni Dosi is recognized as one of the world's leading scholars in industrial economics and corporate change. This volume contains a selection of his most important work and provides an excellent overview of the contribution he has made to the economics of innovation and technical change. Key topics include: * technological paradigms and innovation diffusion * economic behaviour and learning * organizational structures and behaviour in a changing environment * corporate finance and innovation * industrial dynamics * evolutionary theories in economics * institutions, technical change and economic growth. The book will be welcomed by scholars and students of innovation, industrial organization, business and institutional and evolutionary economics
    Description / Table of Contents: Contents: Innovation, organization and economic dynamics: An autobiographical Introduction -- Part I: Opportunities of innovation, search procedures and diffusion -- Part II: Economic behaviours, organizations and innovation in changing environments -- Part III: Evolutionary interpretations of economic change -- Part IV: Learning and market selection: Evolutionary models of economic change -- Part V: Institutions and economic dynamics.
    Note: Includes bibliographical references and index
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  • 18
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    Bioeconomics and sustainability : essays in honor of Nicholas Georgescu-Roegen (1999)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781781959817
    Language: English
    Pages: 1 Online-Ressource (xviii, 417 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Bioeconomics and sustainability
    DDC: 333.7
    RVK:
    QT 000
    RVK:
    QC 347
    RVK:
    QT 200
    Keywords: Bioökonomik ; Evolutionsökonomik ; Thermodynamischer Ansatz ; Entropie ; Ressourcenökonomik ; Theorie ; Environmental economics ; Sustainable development ; Economics ; Human ecology ; Entropy ; Festschrift ; Aufsatzsammlung ; Bibliografie ; Georgescu-Roegen, Nicholas 1906-1994 ; Wirtschaftstheorie ; Umweltökonomie ; Nachhaltigkeit ; Georgescu-Roegen, Nicholas 1906-1994 ; Nachhaltigkeit ; Georgescu-Roegen, Nicholas 1906-1994 ; Umweltökonomie ; Biologische Umweltlehre ; Nachhaltigkeit
    Abstract: Nicholas Georgescu-Roegen was described by Paul Samuelson as 'an economist's economist'. This book honors him by discussing his theories on a wide range of issues but particularly on environmental and energy economics. It is a dynamic tribute which extends his work to address the problems the human race will face in the 21st century. The book shows how Georgescu-Roegen constructed nothing less than an almost complete theoretical alternative to neoclassical economics. Although best-known for his later work as an environmentalist and his work on energy and material transformation, Georgescu-Roegen also made seminal contributions to the economic theory of utility and production and is considered to be one of the founders of modern mathematical economics. In this book an internationally acclaimed group of contributors including Joan Martinez-Alier, William H. Miernyk, Herman Daly and Cutler Cleveland present discussions on environmental and energy economics as well as mathematical economics, economic development and peasant economies, and bioeconomics. This book serves as an excellent all-inclusive introduction to the work of one of the great economists of the 20th century. This celebration of the contributions made by Georgescu-Roegen will be of interest to environmental and natural resource economists, as well as social and economic theorists. With a dedication by Wassily Leontief and a foreword by Paul Samuelson
    Description / Table of Contents: Contents: Foreword by Paul Samuelson -- 1. Introduction -- 2. How long can neoclassical economists ignore the contributions of Georgescu-Roegen? -- 3. From political economy to political ecology -- 4. Georgescu-Roegen's evolutionary economics -- 5. Economic growth theory and the georgescu-roegen paradigm -- 6. Nicholas Georgescu-Roegen's approach to economic value -- 7. Georgescu-Roegen on consumer theory -- 8. Biophysical economics -- 9. From agrarianism to entropy -- 10. Embodied energy analysis, Sraffa's analysis, Georgescu-Roegen's flow-fund model and viability of solar technology -- 11. Production and time -- 12. A theory of resilient flow-fund linkages -- 13. The passage from entropy to thermodynamic indeterminacy -- 14. Biophysical roots of 'enjoyment of life' according to Georgescu-Roegen's bioeconomic paradigm -- 15. The role of entropy and energy in natural resource economics -- 16. Five conditions for sustainable living systems -- Bibliography -- Index.
    Note: Includes bibliographical references and index
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  • 19
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    Economics, welfare policy, and the history of economic thought : essays in honour of Arnold Heertje (1999)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781035304042
    Language: English
    Pages: 1 Online-Ressource (xviii, 443 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Economics, welfare policy and the history of economic thought
    DDC: 330
    Keywords: Heertje, Arnold ; Wirtschaftstheorie ; Wirtschaftswissenschaft ; Ökonomische Ideengeschichte ; Theorie ; Economics ; Economics History ; Welfare economics ; Technological innovations Economic aspects ; Aufsatzsammlung ; Wirtschaftswissenschaften ; Wohlfahrtstheorie ; Geschichte
    Abstract: In this book, internationally renowned scholars, including two Nobel Laureates, have been drawn together to celebrate Arnold Heertje's rich contribution to the field of economics. Their essays reflect his influence in the areas of economic theory and policy. In particular, they follow in the tradition of his work on oligopoly and price theory, welfare theory and policy, growth theory, environmental economics, technical change and the history of economic thought and methodology. The contributors offer penetrating insights into the structure and functioning of different types of market structures and the character of technical change. In addition, they address current topics such as the recent problems in East Asian economies, the money supply in the European Monetary Union and economic development. Finally, they pay tribute to Arnold Heertje's work on the history of economic thought, discussing the writings of David Ricardo, the German historical school, Herbert Robinson, Alfred Marshall and Herbert Foxwell. This book will attract economic theorists, and scholars and students who are interested in the history of economic thought or in empirical subjects such as the policy implications of studies of labour markets, property rights and European Monetary Union
    Description / Table of Contents: Full Contents: Introduction -- Part I: Economic theory -- 1. A cooperative theory of duopoly -- 2. A commodity flow model of flexible exchange rates with overshooting in response to inflation -- 3. The market for oranges -- 4. Complications in the model of a perfectly competitive firm and industry -- 5. Models of the market -- 6. Revisiting the schumpeter-hypotheses: Firm size, market structure and technological regime -- 7. Technical change and economic growth: The case of "catch-up" -- 8. Coordination, technical progress and economic growth -- 9. Reswitching: Simplifying a famous example -- Part II: Economic policy and applied economics -- 10. Labour market 'flexibility' and welfare -- 11. On substitutability among domestic money and cross-border deposits -- 12. The role of international financial institutions in the current global economy -- 13. The coase theorem and the cooperative nash bargaining game -- 14. On property rights and their modification -- 15. Economic development in Europe, 1960-1996 -- 16. Different data sources for studying behaviour -- 17. Economy and morality: A conceptual framework -- Part III: History of economic thought -- 18. -- Ricardo's misunderstood value theory and the readability of the principles -- 19. Sherlock holmes and the swarthy German: The case of inanely 'transforming' mehrwert to prices -- 20. Alfred marshall and herbert somerton foxwell: A tale of two libraries -- 21. The after-glow of the German historical school, 1945-1960 -- 22. An economist turned entrepreneur -- 23. Authority systems and schools of economic thought -- Index.
    Note: Includes bibliographical references and index
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  • 20
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    Economics and its discontents : twentieth century dissenting economists (1998)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781035303250
    Language: English
    Pages: 1 Online-Ressource (xii, 289 pages)
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Economics and its discontents
    DDC: 330
    RVK:
    QE 800
    Keywords: 1900-2000 ; Ökonomische Ideengeschichte ; Theorie ; Economics ; Economists ; Aufsatzsammlung ; Wirtschaftswissenschaftler
    Abstract: Dissenters have a common dissatisfaction with economics as it is currently practised, and they recognise that twentieth century economics has failed to explain real world economic phenomena. This major book focuses on the work and lives of seventeen of the most influential dissenting economists who have shaped twentieth century economics and who continue to make economics more relevant. In Economics and its Discontents each chapter explains what it means to be a dissenting economist and examines how and why the work of the featured economist constitutes dissent. It demonstrates that dissent in the profession extends beyond ideology and that dissenters can come from radical, liberal or conservative backgrounds. Dissent is considered in many respects, including how economics is taught, the methodology of economic analysis, the lack of attention economists pay to the real world behaviour of individuals, the narrow and limited assumptions made by economists, the inappropriate attempt of economics to dominate all social sciences, and the policy conclusions reached by standard economic analysis. The dissenters featured in this book suggest that there is a better way to do economics, and a better way to be an economist, and each has helped keep economics honest by constantly questioning traditional thinking. This book salutes and celebrates these dissenters who exemplify the very best of the discipline. If economics is again to be a respected field and a highly regarded profession, we must look to these dissenters to point the way forward. This book will be welcomed by professional economists, researchers and postgraduate students, especially those interested in the history of economic thought, and economic methodology and philosophy
    Description / Table of Contents: Contents: Introduction: Dissent in twentieth century economics / (R.P.F. Holt and S. Pressman) -- 1. The seditious dissent of barbara r. Bergmann / (E.A. Paulin) -- 2. James m. Buchanan and the rebirth of political economy / (P.J. Boettke) -- 3. John r. Commons and the compatibility of neoclassical and institutionalist economics / (J.E. Biddle and W.J. Samuels) -- 4. The tenacious dissent of milton friedman / (D. Colander) -- 5. Friedrich a. Hayek: Super-dissenter / (L.S. Moss) -- 6. John a. Hobson: Dissenting labour economist / (J.E. King) -- 7. The policy dissent of nicholas kaldor / (S. Pressman) -- 8. The positive dissent of michal kalecki / (M. Sawyer) -- 9. Dissent and continuity: John maynard keynes / (V. Chick) -- 10. Frank knight's dissent from progressive social science / (R.B.Emmett) -- 11. Oskar lange's dissent from market capitalism and state socialism / (C. Rider) -- 12. Imagining the possibilities: The dissent of adolph lowe / (M. Forstater) -- 13. Gardiner means and the dissent of administered prices / (F. Lee) -- 14. The theoretical, methodological and pedagogical dissent of joan robinson / (Z. Emami) -- 15. Thomas schelling's dissent from the narrow scope of economics / (D. Latzko) -- 16. Piero sraffa and mainstream theory / (H.D. Kurz and N. Salvadori) -- 17. Thorstein bunde veblen: The quintessential dissenter / (C.M.A. Clark) -- Index.
    Note: Includes bibliographical references and index
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  • 21
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    Puzzles and paradoxes in economics (1997)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781800886483
    Language: English
    Pages: 1 Online-Ressource (xi, 215 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Skousen, Mark, 1947 - Puzzles and paradoxes in economics
    DDC: 330
    RVK:
    QC 000
    RVK:
    QD 200
    Keywords: Wirtschaftstheorie ; Theorie ; Economics ; Microeconomics ; Macroeconomics ; Finance ; Marketing ; Paradox ; Puzzles ; Beispielsammlung ; Volkswirtschaftslehre ; Puzzle ; Paradoxon ; Wirtschaft ; Paradoxon
    Abstract: Economics is full of puzzles and paradoxes that often frustrate and challenge everyone, including economists. This engaging book includes fifty puzzles and focuses on three types of paradox. First, everyday observations that appear to belie common sense (such as, why do some supermarket items sell for more per ounce in larger sizes?). Secondly, those paradoxes which have perplexed economists in the past but have since been fairly resolved (such as, the diamond-water paradox). Finally, empirical or conceptual anomalies that remain unresolved and present a challenge to today's economists (such as the voting paradox). Fifty puzzles and paradoxes are analysed in a clear framework. Examples include: the fairness of market wages, the alleged gold absurdity, Giffin goods and the Irish potato famine, the paradox of thrift, the supposed perversity of Wall Street, the leisure paradox, why the best Washington apples are shipped out of state (the Alchian-Allen theorem), the question of whether teachers are underpaid, whether studying economics makes people immoral and whether war is good for the economy. This original and unusual book will have a wide appeal, ranging from the lay person with an interest in everyday economic puzzles, to the student and teacher wishing to develop their understanding of some of the paradoxes that have existed and continue to exist in economics. It will serve as an ideal source for teachers who want to challenge their students with unusual economic problems
    Description / Table of Contents: Contents: Preface -- Introduction -- Cases and concepts -- 1. The adam smith paradox -- 2. The diamond-water paradox -- 3. The water problem -- 4. The case of the fourth egg -- 5.profiting from pants -- 6. The price of quality -- 7. The rationality and risk puzzle -- 8. Gold's backward wupply curve -- 9. The positive sloping demand curve? -- 10. The leisure paradox -- 11. The price discrimination dilemma -- 12. A hot vacation spot -- 13. The rare case of a giffen good? -- 14. The case of the costly catsup -- 15. The mail order question -- 16. The businessman's query -- 17. Are teachers underpaid? -- 18. The pollution puzzle -- 19. Are market wages fair? -- 20. The highly valued occupation nobody wants -- 21. The stock market puzzler -- 22. Apples and the alchian-allen theorem -- 23. The perfect-market puzzle -- 24. The starvation of buridan's ass -- 25. Does studying economics make one immoral? -- 26. The savers' dilemma -- 27. Keynes's banana plantation -- 28. Producing cars that don't sell -- 29. The feckless forecast and policy purveyor puzzle -- 30. The growing but declining gap puzzle -- 31. The perpetual poverty puzzle -- 32. The paradox of thrift -- 33. The gold absurdity -- 34. The wager over wages -- 35. The voting behaviour puzzle -- 36. The voting paradox -- 37. A taxing debate -- 38.the blessings of destruction -- 39. The interest rate dilemma -- 40. The population puzzler -- 41. The efficiency versus equality puzzle -- 42. The national debt: Asset or liability? -- 43. The leontief paradox -- 44. The perversity of wall street -- Index.
    Note: Includes bibliographical references and index
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  • 22
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    Great inflations of the 20th century : theories, policies, and evidence (1995)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781781956359
    Language: English
    Pages: 1 Online-Ressource (xiv, 308 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Great inflations of the 20th century
    DDC: 332.4/1/0904
    RVK:
    QK 700
    RVK:
    QK 710
    Keywords: Inflation (Finance) ; Economics ; Aufsatzsammlung ; Inflation
    Abstract: The problems associated with chronically high inflation and hyper inflation continue to preoccupy policy makers and economists. In Great Inflations of the 20th Century, Pierre Siklos has gathered together major papers by a distinguished group of scholars who use historical episodes to understand and explain a key issue. Beginning with general surveys of historical experiences of hyperinflation and cases of chronic inflation, this volume continues with papers on the conditions which are conducive to generating high inflation. The link between monetary policy and inflation is examined through empirical studies of inflationary episodes in Germany, Hungary and Bolivia. The final part looks at how policy makers can seek to end high inflation with the smallest possible economic cost. Bringing together in one accessible volume a series of acclaimed contributions to the field, Great Inflations of the 20th Century will be a key reference resource for interested scholars and policy makers concerned with the myriad of issues surrounding the beginning and end of high or chronic inflation
    Description / Table of Contents: Contents: -- Preface -- List of table -- List of figures -- List of contribution -- Part I: Surveys -- Part II: Conditions conductive to high inflation -- Part III: Empircal studies of the money-prices nexus -- Part IV: The ending of hyperinflation.
    Note: Includes bibliographical references and index
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  • 23
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    Debt, deficits, and exchange rates : essays on financial interdependence and development (1994)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781781959541
    Language: English
    Pages: 1 Online-Ressource (ix, 234 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Reisen, Helmut, 1950 - Debt, deficits and exchange rates
    DDC: 332.4/56/091724
    RVK:
    QC 347
    RVK:
    QM 330
    RVK:
    QM 354
    Keywords: Internationale Staatsschulden ; Finanzmarktregulierung ; Devisenmarkt ; Wechselkurspolitik ; Welt ; Lateinamerika ; Ostasien ; Foreign exchange rates ; Debts, Public ; Finance, Public ; Economics ; Aufsatzsammlung ; Entwicklungsländer ; Schulden ; Wechselkurs ; Lateinamerika ; Schulden ; Wechselkurs ; Ostasien ; Schulden ; Wechselkurs ; Entwicklungsländer ; Auslandsschulden ; Entwicklungsländer ; Wechselkurspolitik ; Entwicklungsländer ; Schuldenkrise ; Geldpolitik
    Abstract: Debt, Deficits and Exchange Rates presents recent work by Helmut Reisen on current international monetary problems in East Asia and Latin America. Written over the last four years, these papers are readily accessible and of immediate policy relevance. The first part is concerned with the debt problems of developing countries, including the growth of domestic public debt, means of hedging a country's debt portfolio against key currency fluctuations, evidence on the debt overhang hypothesis, an evaluation of the Brady Plan, and how to attract foreign direct investment. This is followed by essays on financial opening which discuss the impact of alternative exchange rate regimes during financial integration, the degree of financial openness in Korea and Taiwan, an appropriate strategy for the liberalization of capital flows, and the relationship between financial opening and capital flows. The final part underlines the need for exchange rate management. Issues considered include New Zealand's experience with a pure float, the use of the theory of optimal currency areas to assess whether Asian countries should peg to the Yen, institutional features of macroeconomic management in Asia, and how Latin America should respond to heavy capital flows. Bringing together under one cover a wealth of analysis, comment and argument by a leading international scholar, this volume will be welcomed by students, teachers and policymakers as an important contribution to understanding international monetary problems in the developing world
    Note: "OECD Development Centre, Centre de Developpement del OCDE ; OECD, OCDE." , Includes bibliographical references and index
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  • 24
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    Universal banking in twentieth century Europe : finance, industry and state in North and Central Europe (1994)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781035305902
    Language: English
    Pages: 1 Online-Ressource (xiv, 308 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Universal banking in the twentieth century
    DDC: 332.1/094
    RVK:
    QK 410
    RVK:
    QK 100
    Keywords: 1860-1990 ; Universalbank ; Unternehmensfinanzierung ; Europa ; Banks and banking ; Finance ; Industries ; Banks and banking Government policy ; Economics ; Aufsatzsammlung ; Nordeuropa ; Notenbank ; Kreditwesen ; Industrie ; Geschichte 1900- ; Mitteleuropa ; Notenbank ; Kreditwesen ; Industrie ; Geschichte 1900-
    Abstract: This important new volume addresses the many aspects of banking in European market economies in the twentieth century, making innovative and authoritative research available to historians, economists, financiers and business analysts. The distinguished group of authors examines the historic role of banks in utilizing domestic and foreign financial resources. Their contributions show that from the 1880s onwards banks became an integral part of the capital market in continental Europe. In the course of this development the banks played a crucial part in financing industry in North and Central Europe. This symbiotic relationship between banks and industry is analysed and is shown to have had a decisive impact on the inflation and crisis-prone interwar period. The comparative and quantitative methods applied in these papers reveal differences between the countries of North and Central Europe, especially with regard to the degree of state intervention in individual economies. Other topics discussed include the networks of interlocking directorships, the effectiveness of banking legislation and the impact of the national question on banking in central and Southeast Europe. Universal Banking in the Twentieth Century illustrates both striking similarities and marked differences in the role of universal banking across Europe in terms of the level of industrialization and the pace of economic growth
    Note: Includes bibliographical references and index
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  • 25
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    Finance, investment, and macroeconomics : the neoclassical and a post Keynesian solution (1994)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781035305810
    Language: English
    Pages: 1 Online-Ressource (xiv, 213 pages) , illustraitons
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Gordon, Myron J. Finance, investment, and macroeconomics
    DDC: 332
    RVK:
    QP 700
    RVK:
    QC 310
    RVK:
    QC 300
    RVK:
    QP 720
    Keywords: Volkswirtschaftliche Investitionstheorie ; Sparen ; Kapitalstruktur ; Risiko ; Neoklassische Theorie ; Postkeynesianismus ; Theorie ; Finance Econometric models ; Investments Econometric models ; Macroeconomics ; Economics ; Aufsatzsammlung ; Makroökonomie ; Finanztheorie ; Ökonometrisches Modell
    Abstract: In Finance, Investment and Macroeconomics, Myron J. Gordon advances a theory of finance and investment under uncertainty and risk aversion which resolves problems left unsolved by Keynes in a manner consistent with his work. Keynes established that both the short-run and long-run performance of a capitalist system depend upon investment, but he failed to arrive at an alternative to the neoclassical theory of investment. Professor Gordon demonstrates that the extension of neoclassical theory to deal with uncertainty and risk aversion is based upon a string of assumptions which are empirically false. The competitive stationary state, the foundation for the neoclassical theory of a capitalist system, is shown to be unfeasible because it results in a very high probability of bankruptcy at the micro level and the system's early collapse on the macro level. Capitalists seeking long term survival are shown to be subject to a growth imperative, to the pursuit of monopoly power, and to a concern for financial policy. Later sections of the book discuss the consequences of this behaviour for short-run fluctuations and the long-run development of capitalist systems. This innovative book advances an important new theory of finance and investment which recognizes the problem of bankruptcy when the future is uncertain. It will be welcomed by both post Keynesian and neoclassical economists as a significant contribution to current economic understanding
    Description / Table of Contents: Contents: Part I: Introduction -- Part II: Neoclassical theory -- Part III: a post Keynesian theory -- Part IV: a theory of economic systems.
    Note: Includes bibliographical references (pages 194-206) and index
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  • 26
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    Income distribution in a corporate economy (1993)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781035305889
    Language: English
    Pages: 1 Online-Ressource (xi, 255 pages) , illustrations
    Series Statement: New directions in modern economics
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Rimmer, Russell J. Income distribution in a corporate economy
    DDC: 339.2
    RVK:
    QC 200
    Keywords: Verteilungstheorie ; Industrieökonomik ; Finanzmarkt ; Theorie ; Income distribution Mathematical models ; Industrial organization Mathematical models ; Prices Mathematical models ; Stock exchanges Mathematical models ; Economics ; Einkommensverteilung ; Mathematisches Modell
    Abstract: Income Distribution in a Corporate Economy offers a skilful examination of the influences of financial markets and imperfect competition on the distributive process. Unlike much of the earlier literature, it concentrates upon the short-run, making it suitable for empirical appraisal. After a thorough review of the theoretical and empirical literature of the past 30 years, Russell Rimmer uses a series of models to synthesize results from post Keynesian macroeconomics, investment theory and industrial economics. The final chapters contain an analysis of the short-run effects of changes in pricing strategies and increases in industrial concentration on income shares accruing to households and corporations. By presenting in one place the neo-classical and post Keynesian approaches, the book will serve both as a text and a foundation for future work on distribution. Students new to income distribution will be able to read the text as an introduction to the neoclassical and post Keynesian approaches. A novel contribution is the gathering together of early extensions of post Keynesian theory to the short run, including accounts of attempts to synthesise the major theoretical strands
    Note: Includes bibliographical references (pages 234-245) and index
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  • 27
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    Macroeconomic theory : diversity and convergence (1993)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781035305858
    Language: English
    Pages: 1 Online-Ressource (xvi, 250 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Macroeconomic theory
    DDC: 339
    RVK:
    QC 300
    Keywords: 00.07.1990 ; Makroökonomik ; Geldtheorie ; Konjunkturtheorie ; Wachstumstheorie ; Ökonomische Ideengeschichte ; Theorie ; Macroeconomics ; Economics ; Aufsatzsammlung ; Konferenzschrift 1990 ; Makroökonomie
    Abstract: This unique book focuses on the central issues in macroeconomics - examining some of the lively theoretical controversies troubling contemporary economists - in order to establish a genuine basis for communication between the alternative theoretical traditions. The past two decades have witnessed the emergence of several competing approaches to macroeconomic analysis: post Keynesian economics, Kaleckian analysis, neo-Ricardian theory, the neo-Austrian school, the Rational Expectations School etc. This book presents new work by 14 respected economists from nine different countries who address a series of unresolved yet well-defined issues in monetary theory and policy, market structure and accumulation, and problems of effective demand and the theory of distribution. The main purpose of Macroeconomic Theory is to identify areas of common ground among the various theoretical approaches. The excitement of that dialogue and the intellectual vitality generated are captured for the reader in a volume that will be essential for an understanding of modern macroeconomic theory
    Note: "Papers written for a conference on Alternative Traditions in Macroeconomics: Diversity and Convergence, which took place at the University of Hohenheim in Stuttgart, Germany, in July 1990"--Perf , Includes bibliographical references and index
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  • 28
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    Property rights and the limits of democracy (1993)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781035305896
    Language: English
    Pages: 1 Online-Ressource (1 volume various pagings)
    Series Statement: John Locke series in classical liberal political economy
    Series Statement: The Shaftesbury papers
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Property rights and the limits of democracy
    DDC: 323.4/6
    RVK:
    QD 110
    Keywords: Right of property ; Democracy ; Economics ; Property-Rights-Ansatz ; Demokratie
    Abstract: Property rights lie at the heart of the economic success of any economy and the extent to which its citizens enjoy economic freedom. At a time when Eastern Europe is breaking free from the yoke of collectivist-socialist ideas, this book presents essays by four political economists evaluating a range of feasible reforms intended to breathe new life into constitutional republicanism. The first essay by James M. Buchanan grounds the defence of private property ownership in the protection that it affords to individual liberty. This is followed by a succinct but comprehensive account by Gordon Tullock of his research programme in rent seeking. This is a great and instructive contribution which skilfully draws out the dangerous implications of rent seeking for private property rights. A far-reaching and insightful essay by Richard E. Wagner exposes the failure of the United States constitution to overcome the tyranny of the majority so feared by the Founding Fathers: the author demonstrates why the tyranny of the majority cannot be overcome by a written constitution unless the institutions of society are designed to offer complementary support to limited government and the rule of law. In the final essay, Charles Rowley retraces the history of social choice theory, identifies the errors that it has promulgated and the corrective lessons that can be learned from the classical liberal philosophy that it has substantially ignored. Including essays by some of the most eminent scholars in the field, Property Rights and the Limits of Democracy makes an important and distinguished contribution to one of the most central issues in political economy in the late twentieth century
    Note: Four papers published earlier by the Locke Institute, and a substantive introductory chapter , "The book was made possible by a colloquium ... on the theme of '"Life, Liberty and Property" and the Limits of Democracy' held in Charleston, S.C. in December 1991."--Pref , Includes bibliographical references and indexes
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  • 29
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    Mixed economies in Europe : an evolutionary perspective on their emergence, transition and regulation (1992)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781035305803
    Language: English
    Pages: 1 Online-Ressource (xii, 302 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Mixed economies in Europe
    DDC: 338.94
    RVK:
    QD 100
    RVK:
    QG 100
    Keywords: Gemischte Wirtschaftsordnung ; Europa ; Osteuropa ; Mixed economy ; Economics ; Europe Economic conditions ; Aufsatzsammlung ; Europa ; Wirtschaftliche Lage ; Gemischte Wirtschaftsordnung ; Europa ; Wirtschaftspolitik
    Abstract: The end of the cold war has created a new and unprecedented type of mixed economy in Eastern Europe. This innovative up-to-date book questions whether the former Eastern block countries will follow the path of West European mixed economies, or if a quite different economic system will emerge. Mixed Economies in Europe presents new work by distinguished authors who offer an evolutionary perspective on the dynamics of mixed economies. In so doing, they provide a unique, policy-orientated assessment of the formation and transformation of mixed economies in both Eastern and Western Europe. In particular, they emphasise the importance of institutional arrangements and regulatory frameworks. The book shows that the liberalization of markets, both within and between European countries has led, in many cases, to a divergence of economic performance across regions and is likely to continue to do so in the future. This raises policy considerations for the EC and its constituent governments which have not, as yet, been adequately addressed
    Note: Includes bibliographical references and index
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  • 30
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    Rethinking economics : markets, technology, and economic evolution (1991)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781035305827
    Language: English
    Pages: 1 Online-Ressource (xi, 206 pages) , illustrations
    Parallel Title: Erscheint auch als
    Parallel Title: Elektronische Reproduktion von Rethinking economics
    DDC: 338/.064
    RVK:
    QC 000
    RVK:
    QC 340
    RVK:
    QC 344
    Keywords: 00.11.1990 ; Wirtschaftswissenschaft ; Theorie ; Capitalism ; Technological innovations Economic aspects ; Economic development ; Economics ; Konferenzschrift 1990 ; Aufsatzsammlung ; Theorie ; Evolutorische Wirtschaft ; Wirtschaftstheorie ; Evolutionstheorie ; Technischer Fortschritt ; Evolutorische Wirtschaft ; Technischer Fortschritt ; Wirtschaftstheorie ; Wirtschaftstheorie
    Abstract: Rethinking Economics is a major contribution to the reconstruction of an economic theory appropriate to the 21st century. Just as major changes are occurring in the world economy, economics itself is on the brink of change. Orthodox economics is now widely criticized for its sterility and its limited applicability to real-world economic problems. Standard theoretical tools such as general equilibrium theory are now regarded, even by their leading practitioners, as highly limited and problematic. New ideas from chaos theory, evolutionary modelling and institutional theory point to new, non-reductionist approaches in which there are units of analysis other than the atomistic individual. This work addresses core economic concepts, such as individual choice, prices, markets, production, industries, technology, innovation and economic growth in the light of these developments. This unique, up-to-date volume makes a seminal contribution at the frontiers of economic theory
    Note: Based on the second annual conference of the European Association of Evolutionary Political Economy, held in Florence in November 1990 , Includes bibliographical references (pages 172-197) and index
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  • 31
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    Cost, choice, and political economy (1989)
    Cheltenham, UK : Edward Elgar Publishing
    Details
    ISBN: 9781035303168
    Language: English
    Pages: 1 Online-Ressource (ix, 294 pages)
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als Wiseman, Jack, 1919 - 1991 Cost, choice and political economy
    DDC: 330
    RVK:
    QC 000
    RVK:
    QD 040
    RVK:
    QB 910
    Keywords: Wirtschaftswissenschaft ; Wirtschaftspolitik ; Social choice ; Cost ; Economics ; Economics ; Aufsatzsammlung ; Wirtschaftspolitik ; Kostentheorie ; Wiseman, Jack 1919-1991 ; Volkswirtschaftslehre
    Abstract: This book presents in one volume Professor Wiseman's seminal work on the theory of costs and the economist's treatment of the role of government. The major themes concern the subjectivity of costs and the unknowability of the future. From an initial scepticism about pricing rules, the arguments develop into a comprehensive critique of mainstream economic theory and, more positively, an exposition of the fundamentals of a new political economy grounded in choice-as-opportunity-cost
    Note: Includes bibliographical references and index
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