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  • Cham : Imprint: Palgrave Macmillan  (30)
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  • 1
    ISBN: 9783031502224
    Language: English
    Pages: 1 Online-Ressource (XVII, 423 p. 11 illus.)
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Economics ; Econometrics. ; Economic history. ; Economic theory ; History of economic thought ; Post-war economics ; economics of neoclassical synthesis ; heterodox economics ; non-walrasian economics ; financial crisis of 2007-2008 ; economics of Harvard, Yale, Chicago and Princeton
    Abstract: Chapter 1: Introduction -- Chapter 2: Economics at Harvard and MIT -- Chapter 3: Economics at the Cowles Commission in Chicago and Yale -- Chapter 4: Economics at the Graduate School of Industrial Administration (GSIA) in Pittsburgh -- Chapter 5: The development of the theory of games at Princeton and the Rand Corporation -- Chapter 6: Economics in Chicago and the New Chicago School -- Chapter 7: Economics in Cambridge, UK, after Keynes -- Chapter 8: Non-Mainstream Economics in the USA -- Chapter 9: Great Theoretical Controversies -- Chapter 8: The Crisis of Keynesianism and the Emergent Dominance of the Chicago School and Neoliberalism à la Chicago. .
    Abstract: This book, set out over four-volumes, provides a comprehensive history of economic thought in the 20th century. Special attention is given to the cultural and historical background behind the development of economic theories, the leading or the peripheral research communities and their interactions, and a critical appreciation and assessment of economic theories throughout these times. Volume III addresses economic theory in the period of the new golden age of capitalism, between the years from the end of the Second World War to the mid1970s, which saw the establishment of the new mainstream, in particular in its Harvard-MIT-Cowles version. It was the period of the pre-eminence of the Neoclassical Keynesian Synthesis—the theoretical core of the period’s dominant school of thought. This work provides a significant and original contribution to the history of economic thought and gives insight to the thinking of some of the major international figures in economics. It will appeal to students, scholars and the more informed reader wishing to further their understanding of the history of the discipline. Roberto Marchionatti is Professor Emeritus of Economics at the University of Torino, Fellow of the Accademia delle Scienze di Torino, and a Life Member of Clare Hall College, Cambridge. He has previously been a Visiting Scholar at the University of New York and the University of Cambridge. He is the editor of Annals of Fondazione Luigi Einaudi: An Interdisciplinary Journal of Economics, History and Political Science and he has been co-editor of History of Economic Ideas. He has published almost 50 journal articles and more than 15 books as well as a great number of contributions in edited volumes.
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  • 2
    Online Resource
    Online Resource
    Cham : Springer Nature Switzerland | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031401350
    Language: English
    Pages: 1 Online-Ressource (XXVII, 420 p. 2 illus.)
    Series Statement: Palgrave Studies in the History of Economic Thought
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Economics ; Economics. ; Schools of economics. ; A Treatise on Money ; John Maynard Keynes ; Ralph Hawtrey ; Social philosophy ; Monetary economics ; A Tract on Monetary Reform ; General Theory ; Cambridge economics ; International Clearing Union plan ; Employment policy
    Abstract: 1. Introduction -- 2. Keynes’s Theory in the Making -- 3. How Did Keynes Transform His Theory from the Tract into the Treatise? -- 4. How, and for How Long Did Keynes Maintain The Treatise Theory? -- 5. The Turning Point in Keynes’s Theoretical Development -- 6. Keynes as a Planner and Negotiator - International Clearing Union -- 7. Keynes and the Transmutation Process of the Plan for Commodity Control Scheme -- 8. International Design and the British Empire - On the Relief Problem -- 9. The Welfare State in the Making - Beveridge and Keynes -- 10. Keynes’s Employment Policy in the Making - The Keynesian Revolution in Economic Policy -- 11. A Treatise on Probability and My Early Beliefs -- 12. Keynes’s New Liberalism Re-Examined -- 13. Hawtrey’s Philosophy through His Unpublished Thought and Things -- 14. Hawtrey on Welfare and Value -- 15. Exploring Hawtrey’s Social Philosophy through His Unpublished Book -- 16. Prof. Aoyama’s Study on Robertson and Keynes in Interwar Japan -- 17. Keynes and Monetary Economics -- 18. Recent Japanese Studies in the Development on Keynes’s Thought.
    Abstract: This book provides an insightful and original perspective on the work and legacy of John Maynard Keynes. It explores his work as an economist, world system planner, and social philosopher to highlight the different ways he influenced economics, economic policy, and the global political economy. Particularly attention is given to the development of the ideas which led up to The General Theory, his role as a planner and negotiator within international organizations, his work on the development of the post-war UK system, his debates with British Economists. This book examines the work and international legacy of one of economics’ defining thinkers. It will be of interest to students and researchers interested in the political economy and the history of economic thought. Toshiaki Hirai is Emeritus Professor at Sophia University. He is editor-in-chief of The Review of Keynesian Studies, published by the Keynes Society Japan.
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  • 3
    Online Resource
    Online Resource
    Cham : Springer International Publishing | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031512629
    Language: English
    Pages: 1 Online-Ressource (IX, 295 p. 1 illus.)
    Series Statement: Palgrave Studies in Classical Liberalism
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Economics ; Feminist economics. ; Economics. ; Women ; gender equality ; classical liberalism ; separate spheres doctrine ; political economy and gender ; feminist economics ; labour ; home economics ; marriage theory
    Abstract: PART I: Escaping the doctrine of the separate spheres (1700s-early 1900s). The economists’ points of view -- Chapter 1: Educated women as an asset to society: the role of classical liberal tradition in modern Europe -- Chapter 2: Women and the job market in Victorian England and Progressive America -- Chapter 3: Women’s new path towards the public sphere -- Part II: The doctrine of the separate spheres between rebirth and rejection (1920s- early 2000s). Marriage theory in economics -- Chapter 4: Reviving the doctrine of separate spheres: the new home economics -- Chapter 5: Feminist economics and the doctrine of the separate spheres.
    Abstract: This book delves into the doctrine of separate spheres within the history of economic thought. The concept of separate spheres emerged in philosophy and has consistently been incorporated by various disciplines. This book stands as the first comprehensive exploration of how this doctrine was embraced, adapted, and contested by economists engaged in gender issues and marriage theory. Spanning the late eighteenth to the early twentieth century, it illuminates the evolution of the drive for gender equality—rooted primarily in the tradition of classical liberalism—across the landscape of economic ideas and theories. This book is a valuable resource for scholars and researchers interested in the intricate history of the interconnections among between economic thought, feminism, gender studies, and cultural studies. Giandomenica Becchio is Associate Professor at the Department of Economics, Social Sciences, Mathematics and Statistics (ESOMAS), University of Torino, Italy. Her research encompasses the history of economic thought, with a specific emphasis on gender issues, as well as the methodology of economics and the classical liberal tradition within political economy.
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  • 4
    Online Resource
    Online Resource
    Cham : Springer International Publishing | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031508219
    Language: English
    Pages: 1 Online-Ressource (XL, 660 p. 49 illus., 29 illus. in color.)
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als The Palgrave handbook of sovereign wealth funds
    Keywords: International finance. ; Finance, Public. ; Financial services industry. ; Political planning. ; Sovereign Wealth Funds ; Finance ; Economics ; Santiago Principles ; Politics ; Law ; Shareholder Activism ; Institutional Framework and Governance ; Regulating Sovereign Wealth Funds ; Tax Laws and International Treaties ; Liquidity Management ; Risk Management ; Investors in Global Markets ; Portfolio Analysis ; Socially Responsible/Sustainable Investing ; Aufsatzsammlung
    Abstract: 1.Sovereign Wealth Funds: An Overview -- 2. The Evolution of Sovereign Wealth Funds: A Bibliometric Analysis -- 3. Sovereign Wealth Funds and the Local and World Economy: Are They Good or Bad Investment Actors? -- 4. Standards for Sovereign Wealth Funds: The Santiago Principles and Beyond -- 5.Controversies Surrounding Sovereign Wealth Funds -- 6.The Nature, Scope, and Governance of Sovereign Wealth Funds -- 7. Institutional Framework and Governance Structure of Sovereign Wealth Funds -- 8. Sovereign Wealth Funds and Shareholder Activism: Implications for Corporate Governance and Public Policy -- 9. Accountability and Transparency of Sovereign Wealth Funds -- 10.Balancing Profit and Politics: The Role of Sovereign Wealth Funds in Soft Diplomacy and Domestic Interests -- 11.Leveraging Sovereign Wealth Funds for Soft Power -- 12. The Impact of Tax Laws and International Treaties on Sovereign Wealth Funds -- 13. Macro-level Issues Facing Sovereign Wealth Funds: Inflation, Higher Rates, and Deglobalization -- 14. Agency Issues in Managing Sovereign Wealth Funds -- 15. Structuring an Effective Sovereign Wealth Fund -- 16. Outsourcing and Internal Management Issues of Sovereign Wealth Funds -- 17. Risk Management in Sovereign Wealth Funds -- 18. Using Fintech in Sovereign Wealth Fund Operations -- 19. Best Practices of Sovereign Wealth Funds -- 20. Investment Policies of Sovereign Wealth Funds -- 21. Why a Commercial Focus Is Key to SWF Development Success -- 22.The SWF Portfolio: Next Generation Challenges and Opportunities -- 23.Sovereign Wealth Funds and Socially Responsible and Sustainable Investing -- 24.Sovereign Wealth Funds and Climate Change -- 25. Performance of Sovereign Wealth Funds: Benchmarks and Beyond -- 26. The Norway Government Pension Fund Global: The World’s Largest Sovereign Wealth Fund -- 27. European and Asian Sovereign Wealth Funds -- 28. Sovereign Wealth Funds on Four Continents -- 29. Sovereign Wealth Funds Across Countries: Similarities and Difference -- 30. Sovereign Wealth Funds During Crises -- 31. Sovereign Wealth Funds in Venture Capital: Exploring the New Frontiers -- 32. The Interface of Islamic Finance and Sovereign Wealth Funds -- 33.The Future of Sovereign Wealth Funds: Challenges and Opportunities.
    Abstract: The Palgrave Handbook of Sovereign Wealth Funds provides a comprehensive, detailed analysis of these funds from a multidimensional perspective consisting of 33 chapters divided into seven sections. Section I provides background material about SWFs, providing a foundation for the remainder of the handbook. Section II examines various controversies, governance, and accountability topics involving SWFs. Section III discusses the political, legal, and tax aspects of SWFs. Section IV reviews numerous topics involving SWF management. Section V deals with SWFs’ policies, preferences, and performance. Section VI provides descriptive analyses of SWFs based on country or region. It also offers a comparison of SWF similarities and differences across countries. Section VII concludes by examining special issues and the future of SWFs. This handbook spans the gamut from theoretical to practical while offering the right balance of detailed and user-friendly coverage. Discussion of relevant research permeates the handbook. Although other books are available on SWFs, few are as comprehensive or provide a multidimensional perspective from academics and practitioners. This handbook fills a gap by showing how SWFs are a growing and dynamic force in international finance. “The Palgrave Handbook of Sovereign Wealth Funds was written by experts in the field on both sides of the aisle − practitioners and academicians – making it unique.” —Bader Al Rushaid Al Bader, Former Chairman of Kuwait Investment Company and Former Deputy Managing Director of Kuwait Investment Authority “Covering the history, management, politics, governance, and accountability issues relating to sovereign wealth funds, this handbook dives deep into the myriad opportunities and challenges faced by these distinctive financial institutions.” —Bill Megginson, Professor and Price Chair in Finance at the University of Oklahoma’s Michael F Price College of Business “This handbook is an excellent addition to this strategic field of sovereign wealth funds. Experts contributed to this informative handbook. I highly recommend it to anyone interested in this topic.” —Ahmad Al-Sayed, Chairman of Doha Venture Capital Fund (DVC) and Former Chief Executive Officer of Qatar Investment Authority and Qatar Holding.
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  • 5
    ISBN: 9783031494468
    Language: English
    Pages: 1 Online-Ressource (XVII, 339 p.)
    Series Statement: Palgrave Studies in the History of Economic Thought
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Economics ; Economics. ; Latin America ; Economic history. ; Institutionalisation of Political Economy ; International Circulation of Economic Ideas ; New Latin American Republics ; Trade Policy ; Translations of Political Economy ; Late Enlightenment ; Spanish Liberalism ; Monetary Policy ; Public Finances ; Classical Political Economy ; Atlantic History ; Spanish Exile ; José Joaquín de Mora
    Abstract: 1. Introduction. A distinctive proponent of classical political economy in the Spanish-speaking world -- 2. The Absolutism six-year Period (1814-1820). Encountering Smith and Say -- 3. The Liberal Triennium (1820-1823). Mora, Bentham and radical liberalism -- 4. London (1824-1827). The approach to British Classical political economy -- 5. Argentina (1827-1828). An early attempt to introduce economic liberalism in Hispanic America -- 6. Chile (1828-1832): 'El Mercurio Chileno' and the model of economic development for the Hispanic American republics -- 7. Peru and Bolivia. Teaching, journalism and diplomacy -- 8. Back to Spain (1843-1853). The debate on free trade in Spain under the sway of moderate liberalism -- 9. Mora and the Enciclopedia Moderna’s (1853-1855) entries on Political Economy and Public Finance -- 10. Mora and the articles for the journal 'La América': Dialoguing once again with Latin America from Spain -- 11. Epilogue. The art of dissemination.
    Abstract: This book examines the dissemination, adaptation, and application of classical economic ideas within the Hispanic world through the life of José Joaquín de Mora. Focusing on the decades surrounding the creation of the Latin American republics, it highlights how ideas from the classical political economy, including liberalism and free trade, were pioneered in the work of Mora and disseminated across the Spanish speaking world. Particular attention is given to the influence of Mora in Argentina, Chile, Peru, and Bolivia and how he helped shape their economic development models and political environments. This book examines the essential role José Joaquín de Mora played in the ideological and political modernisation of Latin America. It will be of interest to students and researchers interested in the history of economic thought and the political economy. Jesús Astigarraga is Professor of Economics at the University of Zaragoza. Javier Usoz is Associate Professor of Economics at the University of Zaragoza. Juan Zabalza is Associate Professor of Economics at the University of Alicante.
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  • 6
    Online Resource
    Online Resource
    Cham : Springer International Publishing | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031517372
    Language: English
    Pages: 1 Online-Ressource (XV, 271 p. 11 illus.)
    Series Statement: Palgrave Studies in the History of Economic Thought
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Economics ; Macroeconomics. ; Schools of economics. ; International economic relations. ; Financial services industry. ; history of economic thought through 1925 ; history of economic thought since 1925 ; monetary economics ; central banking ; international monetary arrangements and institutions ; economic pathologies ; monetary reform ; national payments ; international payments ; sovereign debt crises ; theory of money emissions
    Abstract: Chapter 1. Introduction -- PART 1: NATIONAL PAYMENTS- Chapter 2. Nominal and real money, general equivalent, and value -- Chapter 3. From money as a numéraire to the quantity theory of money -- Chapter 4. Keynes on bank money and the ‘monetary theory of production’ -- Chapter 5. The macroeconomic analysis of national payments -- PART II: INTERNATIONAL PAYMENTS -- Chapter 6. The classical view of international transactions -- Chapter 7. The neoclassical approach to international transactions -- Chapter 8. Keynes’s analysis of external payments -- Chapter 9. The macroeconomic analysis of international payments -- Chapter 10. Conclusion.
    Abstract: This book demonstrates the relevance of the historical perspective with respect to national and international payment systems. Its analysis of national and international payments develops along a dialectical path that starts with the work of the Classics (thesis), undergoes a radical turn with the advent of the neoclassical school (antithesis), and reaches the modern theory of emissions passing through Keynes’s contribution (synthesis). That the history of economic thought occupies a legitimate place in the field of historical studies is beyond dispute. What may be less well understood is that it can serve purposes beyond those of the academic community of historians. This book critically investigates the contributions of the greatest economists of the past to provide insights into the pathologies of today’s systems of national and international payments and into the reforms that are needed to correct them. It will be relevant to students and researchers interested in economic policy and the history of economic thought. Andrea Carrera is an Assistant Professor of Applied Economics at Complutense University of Madrid and an Affiliated Researcher at the Complutense Institute for International Studies (ICEI). He has also been serving as a Marie Skłodowska-Curie exchange researcher in Asia and South America. His current research interests are in monetary economics and economic catch-up. Alvaro Cencini is Professor Emeritus of Monetary Economics at the Università della Svizzera italiana, Switzerland. He holds a D.phil degree from the University of Fribourg and a Ph.D. degree from the London School of Economics. He is the author of several books, contributions to books, and peer-reviewed journals on monetary economics. See also: www.quantum-macroeconomics.info.
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  • 7
    Online Resource
    Online Resource
    Cham : Springer International Publishing | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031544231
    Language: English
    Pages: 1 Online-Ressource (VIII, 175 p. 1 illus.)
    Series Statement: Palgrave Studies in Classical Liberalism
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Sombart, Werner ; Economics ; Europe ; Economic history. ; Finance, Public. ; socialism ; capitalism ; spirit of capitalism ; Max Weber ; Werner Sombart ; modern capitalism ; Marxism
    Abstract: 1. Introduction: Werner Sombart and the "Spirit" of Modern Capitalism -- 2. Sombart and the "Spirit" of Modern Capitalism-1900-1910 -- 3. Sombart and the "Spirit" of Modern Capitalism-1910-1920 -- 4. Sombart and the "Spirit" of Modern Capitalism-1920-1930 -- 5. Sombart and Modern Capitalism-The Essays -- 6. Conclusion: Sombart's "Spirit" of Modern Capitalism.
    Abstract: This book illuminates the work of Werner Sombart, a key contemporary of Max Weber, showing how his writing and thinking laid the groundwork for concepts of modern capitalism. Although the notion of the ‘spirit’ of modern capitalism is most associated with Weber, it was Sombart who first used this phrase, with Weber focusing mainly on socioeconomics while Sombart continued to develop his ideas around modern capitalism. This book critically analyses Sombart’s groundbreaking work, “Der moderne Kapitalismus” among his other writings to demonstrate how they may be read as a complementary alternative to Weber, providing a more detailed, sustained, and a comprehensive account of the genesis and nature of modern capitalism. This book will be of interest to a scholarly audience including students and researchers of the history of economic thought, as well as areas of sociology, politics, and political economy. Christopher Adair-Toteff is a philosopher and social theorist who has concentrated on social-political and social-economic issues in late nineteenth and early twentieth century Germany. His recent books include Carl Schmitt on Law and Liberalism (Palgrave 2020), Max Weber's Path from Political Economy to Social Economics (Routledge 2021) and The Early Austrian School of Economics: Money, Value, Capital (Routledge 2022). He also published Fundamental Concepts in Max Weber's Sociology of Religion (Palgrave 2015). .
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  • 8
    Online Resource
    Online Resource
    Cham : Springer Nature Switzerland | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031455476
    Language: English
    Pages: 1 Online-Ressource (IX, 124 p.)
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Economics. ; Economics ; Capital market. ; Methodological individualism ; John Stuart Mill ; Joseph Schumpeter ; Karl Marx ; Vilfredo Pareto ; Capitalism and democracy ; Institutional individualism ; Elite theories ; Power in society ; Elite government ; Economic crises and development
    Abstract: This book examines the intellectual ideas that underpin our understanding of capitalism. Framing these debates through the work on John Stuart Mill and Joseph Schumpeter, the development of democracy and its relationship with capitalism is explored to provide insight into the rationality of individuals and the distribution of power. By analysing the evolution of economic systems, ideas relating to democracy, capitalism, liberalism, competition, and elites are also defined. This book aims to inform current economic and political debates and to highlight new forms of democracy and capitalism. It will be relevant to students and researchers interested in the political economy and the history of economic thought. Gülenay Baş Dinar is Professor of Economics at Abant Izzet Baysal University. Çınla Akdere is Assistant Professor in Economics at the Middle East Technical University.
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  • 9
    Online Resource
    Online Resource
    Cham : Springer International Publishing | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031375743
    Language: English
    Pages: 1 Online-Ressource (XXV, 455 p. 303 illus., 100 illus. in color.)
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Experimental economics. ; Game theory. ; Economics ; Game theory ; Sequential-move games of incomplete information ; Signaling games with discrete actions ; Signaling games with continuous actions ; Equilibrium refinements ; Cheap-talk games
    Abstract: Chapter 1. Introduction to games and their representation.-Chapter 2. Equilibrium dominance.-Chapter 3. Nash equilibrium.-Chapter 4. Nash equilibria in games with continuous action spaces.-Chapter 5. Mixed strategy Nash equilibrium -- Chapter 6. Subgame perfect equilibrium -- Chapter 7. Repeated games -- Chapter 8. Bayesian Nash Equilibrium -- Chapter 9. Auction theory -- Chapter 10. Perfect Bayesian Equilibrium -- Chapter 11. Equilibrium Refinements -- Chapter 12. Signaling games with continuous messages -- Chapter 13. Cheap talk games.
    Abstract: An introduction to game theory, complete with step-by-step tools and detailed examples. This book offers condensed breakdowns of game-theory concepts. Specifically, this textbook provides “tools” or “recipes” to solve different classes of games. Game Theory does not require readers to have a strong mathematical background, as the book presents the information as plainly as possible. Every chapter begins with the main definitions and concepts before diving into the applications to different settings across economics, business, and other social sciences. Chapters walk readers through algebraic steps and simplifications. This makes the text accessible for undergraduate and Masters-level students in economics and finance. Paired with the exercises published on the accompanying website, students will improve both their theoretical and practical understandings of game theory. Readers will walk away from this book understanding complete and incomplete information models as well as signaling games. Ana Espinola-Arredondo is Associate Director and Professor in the School of Economic Sciences at Washington State University, USA. Espinola-Arredondo has published numerous articles and she and Felix Muñoz-Garcia have co-authored three other books together: Common Pool Resources: Strategic Behavior, Inefficiencies, and Incomplete Information (2021), Intermediate Economic Theory: Tools and Step-by-Step Examples (2020), and Practice Exercises for Intermediate Economic Theory (2020, also with Eric Dunaway and John C. Strandholm). Felix Muñoz-Garcia is Professor in the School of Economic Sciences at Washington State University, USA. Muñoz-Garcia has published many journal articles and he and Espinola-Arredondo have co-authored three other books, along with other textbooks such as Advanced Microeconomic Theory: An Intuitive Approach with Examples (2017), and Industrial Organization: Practice Exercises with Answer Keys (2021, with Pak-Sing Choi and Eric Dunaway).
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  • 10
    ISBN: 9783031174186
    Language: English
    Pages: 1 Online-Ressource (X, 306 p. 7 illus.)
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Economics—History. ; Political science—Philosophy. ; Economics. ; Macroeconomics. ; Economics ; Political science ; Austrian economics ; Jesús Huerta de Soto ; The School of Salamanca ; Ethics of Capitalism ; A Theory of Deregulation ; Liberal nationalism ; Libertarianism ; The free market ; Entrepreneurial efficiency ; The Theory of the Impossibility of Socialism ; Classical liberalism ; Anarchocapitalism ; Neoclassicists and socialism ; Aufsatzsammlung ; Festschrift
    Abstract: 1. Introduction -- 2. The Catholic Religion and the Ethics of Capitalism -- 3. A Theory of Deregulation -- 4. Liberal nationalism and secession -- 5. The non-aggression principle is only a first approximation to libertarianism -- 6. The methodological writing of Jesús Huerta de Soto -- 7. The achievements of the free market -- 8. The impact of Prof. Huerta de Soto on the Austrian School and liberalism in Spain in the past 30 years -- 9. Huerta de Soto and the State -- 10. Economic calculation, legal contracts of free banking, and entrepreneurial efficiency: a comprehensive understanding of Professor Jesús Huerta de Soto’s contributions -- 11. Carl-Ludwig von Haller on Private Law Society. Ultra-Reactionary as Libertarian -- 12. The moral and religious dimensions of Jesús Huerta de Soto -- 13. Arbitration and the Theory of the Impossibility of Socialism -- 14. Individualism and Ortega y Gasset -- 15. Classical liberalism vs. Anarchocapitalism -- 16. The Case Against Socialists of All Parties -- 17. The Austrian school in Madrid- the years ahead -- 18. Neoclassicists and socialism -- 19. A defense of anarchism against republicanism -- 20. A review of Huerta de Soto’s socialism -- 21. Puviani on the liberalism of Adam Smith -- 22. Size matters: The Place of Jesús Huerta de Soto in the Austrian Tradition of Economic Treatises -- 23. Intergenerational Solidarity, Welfare and Human Ecology in the Social Doctrine of the Church -- 24. Ethics and the Economic Thought of Jesús Huerta de Soto -- 25. The Ideal of a Just Society: The Transformation of “Distributive” Justice into ‘Distributional’ Justice.
    Abstract: This book, the second of two volumes, explores the impact of Jesús Huerta de Soto and his role in the modern revival of the Austrian School of Economics. Through chapters discussing philosophy and political economy, the nature of capitalism and the foundations of economics are examined in relation to Austrian economics. These ideas and the work of Huerta de Soto are also contextualized within the broader history of economic thought to provide insight into their influence and development. This book highlights and builds upon the intellectual legacy of Jesús Huerta de Soto through its contribution to the Austrian School of Economics. It will be relevant to students and researchers interested in Austrian economics, philosophy, and political economy. David Howden is Professor of Economics at Saint Louis University – Madrid Campus. Philipp Bagus is Professor of Economics at Universidad Rey Juan Carlos.
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  • 11
    Online Resource
    Online Resource
    Cham : Springer International Publishing | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031215582
    Language: English
    Pages: 1 Online-Ressource (XIII, 84 p. 4 illus.)
    Series Statement: Palgrave pivot
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Economics—Psychological aspects. ; Psychology. ; Law and the social sciences. ; Economics ; Nudges ; Nudging ; Behavioral economics ; Default rules ; Default nudges ; Procrastination ; Inertia ; Ethics ; Effectiveness ; Transparency ; Autonomy ; Satisfaction
    Abstract: 1. The Problem -- 2. Challenges for Nudging and a Framework for Assessing Them -- 3. How Do People Evaluate Default Nudges? -- 4. Evaluation -- 5. References. .
    Abstract: All over the world, private and public institutions have been attracted to “nudges,” understood as interventions that preserve freedom of choice, but that steer people in particular directions. The most effective nudges are often “defaults,” which establish what happens if people do nothing. For example, automatic enrollment in savings plans is a default nudge, as is automatic enrollment in green energy. Default rules are in widespread use, but we have very little information about how people experience them, whether they see themselves as manipulated by them, and whether they approve of them in practice. In this book, Patrik Michaelsen and Cass R. Sunstein offer a wealth of new evidence about people’s experiences and perceptions with respect to default rules. They argue that this evidence can help us to answer important questions about the effectiveness and ethics of nudging. The evidence offers a generally positive picture of how default nudges are perceived and experienced. The central conclusion is simple: empirical findings strongly support the conclusion that, taken as such, default nudges are both ethical and effective. These findings, and the accompanying discussion, have significant implications for policymakers in many nations, and also for the private sector. Patrik Michaelsen is a Researcher at the University of Gothenburg, Sweden. He holds a Ph. D. in Psychology from the Department of Psychology, University of Gothenburg. Cass R. Sunstein is the Robert Walmsley University Professor at Harvard University, USA. From 2009 to 2012, he was Administrator of the White House Office of Information and Regulatory Affairs, and since that time, he has held several positions in the U.S Government. From 2020 to 2022, he was the Chair of the Technical Advisory Group on Behavioral Insights and Sciences for Health at the World Health Organization. He is the founder and director of the Program on Behavioral Economics and Public Policy at Harvard Law School. Sunstein has written numerous books, including Human Agency and Behavioral Economics: Nudging Fast and Slow (Palgrave, 2017); Why Nudge?: The Politics of Libertarian Paternalism (2014); and Nudge: Improving Decisions About Health, Wealth, and Happiness (with Richard H. Thaler, 2008).
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  • 12
    Online Resource
    Online Resource
    Cham : Springer Nature Switzerland | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031300585
    Language: English
    Pages: 1 Online-Ressource (XIV, 147 p. 26 illus., 11 illus. in color.)
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: New business enterprises—Finance. ; Economics—Psychological aspects. ; Financial engineering. ; Valuation. ; Econometrics. ; New business enterprises ; Economics ; Equity crowdfunding ; Fintech ; Entrepreneurial finance ; New ventures success ; Signaling theory ; Data mining ; ECF platforms Equity crowdfunding platforms ; observational learning theory ; herd behavior
    Abstract: Chapter 1. Introduction: what is equity crowdfunding and how can the decision-making process of retail investors be outlined? -- Chapter 2. About entrepreneurial finance and factors affecting crowd-investor preferences -- Chapter 3. Definition and description of the analytical process: a data mining approach -- Chapter 4. Sample selection and platform characteristics -- Chapter 5. Data analysis and econometric models -- Chapter 6. Empirical results -- Chapter 7. Conclusions and contributions to theory and practice.
    Abstract: This book aims at providing an empirical understanding of the main drivers affecting investors’ preferences in financing new ventures through equity crowdfunding (ECF) and determining fundraising campaign success. ECF is increasing in prominence as a route for new ventures in obtaining external financial resources. To raise capital, entrepreneurs are required to convey quality signals of their proposals with real-time information and knowledge sharing. This book advances knowledge in entrepreneurial finance by investigating the factors that affect individuals’ decisions to participate in ECF. The authors adopt a data mining approach to extract publicly available information from a multitude of crowdfunding platforms across different countries, producing a unique dataset. The book uses an innovative hybrid analysis to generate knowledge patterns creating data-driven models on one hand, and on the other test research hypotheses adopting statistical models to investigate empirical evidence in line, or in contrast, with the extant literature. The book also integrates organizational theories to examine the extent to which ECF platform managers follow a strategy of isomorphism in their choice of information disclosure. The final part of the book discusses how signals are interpreted by investors, how these affect financing preferences, and ultimately the successful completion of a fundraising campaign. The book will be of interest to academics and practitioners in entrepreneurial finance, FinTech, and investment behaviour. Francesco James Mazzocchini, Ph.D., is postdoctoral research fellow in Banking and Financial Markets at the Department of Management, Marche Polytechnic University – Italy. His scientific interests are in the fields of behavioural finance, decision-making under risk, FinTech, innovative financing, and entrepreneurial finance. Caterina Lucarelli is Full Professor of Banking and Financial Markets at the Department of Management, Marche Polytechnic University – Italy. Her scientific interests are in the fields of market microstructure, investors’ behaviour, decision-making under risk, gender diversity, entrepreneurship and sustainable finance. Since 2007, as National Coordinator of a Research Project supported by the Italian Ministry of University and Research, she has cooperated with psychologist and neuroscientists to study individual risk tolerance.
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  • 13
    ISBN: 9783031123344
    Language: English
    Pages: 1 Online-Ressource (XVI, 622 p. 19 illus.)
    Series Statement: Studies in Economic Transition
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Economics—History. ; Economics. ; Development economics. ; Globalization. ; Economics ; Socialist economic systems ; Economic transition ; Integration and globalisation ; Transition to the market economy ; Transition of the USSR ; Aufsatzsammlung
    Abstract: 1. The degree of monopoly in the Kaldor-Mirrlees growth model -- 2. Capitalism, socialism and steady growth -- 3. Introductory essay to V. K. Dmitriev -- 4. Michal Kalecki's contributions to the theory and practice of socialist planning -- 5. Kalecki and Keynes revisited -- 6. Socialism on earth -- 7. Hidden and repressed inflation in Soviet-type economies -- 8. Cycles in socialist economies -- 9. Feasible financial innovation under market socialism -- 10. On Tibor Liska’s entrepreneurial socialism -- 11. Market socialism: the model that might have been but never was -- 12. Stabilization and reform sequencing in the reform of Central Eastern Europe -- 13. Privatisation of socialist economies: general issues and the Polish case -- 14. Privatization of financial institutions -- 15. Economic inertia in the transitional economies of central eastern Europe.
    Abstract: This book, the first of two volumes, brings together the work of Domenico Mario Nuti to highlight his significant and varied contribution to economics. Bringing together works from across Nuti’s career, his distinctive intellectual framework is exemplified in relation to discussions on the drivers of economic growth and development, the most efficient economic system, the organisation of firms, and how economies should be managed. This volume gives particular attention to socialist economic systems, and the transition of former socialist countries to market economies. This book, through the inclusion of an introduction, aims to contextualise his ideas and illustrate their continued relevance. It will be of wide interest to students and researchers. Domenico Mario Nuti was Professor of Economics at La Sapienza University in Rome and the European University Institute in Florence. He also held positions at the University of Cambridge, University of Birmingham, and the London Business School. Saul Estrin is Emeritus Professor of Managerial Economics and Strategy at LSE. Milica Uvalic is Professor of Economics at the University of Perugia.
    URL: Cover
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  • 14
    ISBN: 9783031317026
    Language: English
    Pages: 1 Online-Ressource (XIII, 324 p. 50 illus.)
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als Dinga, Emil, 1956 - Economic and financial market behaviour
    Keywords: Finance. ; Economics ; Economics. ; Social choice. ; Evolutionary economics. ; Institutional economics. ; Economic autopoietics ; Evolutionary economics ; Financial fitness ; Autopoietic market hypothesis ; Economic market development ; Integral utility ; Economic fitness ; Financial market development
    Abstract: 1. Social Selection in the Financial Market -- 2. Economic models and financial fitness -- 3. Autopoietic Market Hypothesis -- 4. Autopoiesis – a propaedeutic -- 5. Designing of the autopoietic economic model for financial markets.
    Abstract: This book explores the interplay between financial markets, economic systems, and society. Through introducing the concept of autopoiesis, based on the newly conceived Autopoietic Market Hypothesis, ideas of evolution are applied to financial markets to highlights the ways in which economic systems change as they are subject to social selection. By placing this perspective on financial markets, economic development and flows are seen as part of a living system that is influenced by social and political trends. Ideas of integral utility, the logical model of autopoietic financial markets, economic fitness, and the mutation of economic markets are also discussed. This book presents a new and distinctive perspective on financial markets and economic systems. It will be of interest to students, researchers, and policymakers working within financial economics. Emil Dinga is an Economist at the Romanian Academy. Camelia Oprean-Stan is an Economist at Lucian Blaga University of Sibiu. Cristina Roxana Tănăsescu is an Economist at Lucian Blaga University of Sibiu. Vasile Brătian is an Economist at Lucian Blaga University of Sibiu. Gabriela-Mariana Ionescu is an Economist at the Romanian Academy.
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  • 15
    ISBN: 9783031231674
    Language: English
    Pages: 1 Online-Ressource (XVI, 697 p. 30 illus., 15 illus. in color.)
    Series Statement: Studies in Economic Transition
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Economics. ; Development economics. ; Economics ; Globalization. ; Socialist economic systems ; Economic transition ; Integration and globalisation ; Transition to the market economy ; Transition of the USSR ; Aufsatzsammlung
    Abstract: Chapter 1. An introduction to the Collected Works of Domenico Mario Nuti, Saul Estrin and Milica Uvalic -- Part I. Evolution of economic systems -- Chapter 2. Capitalism, socialism and steady growth -- Chapter 3. The degree of monopoly in the Kaldor-Mirrlees growth model -- Chapter 4. V. K. Dmitriev: Economic Essays on Value, Competition and Utility -- Chapter 5. Kalecki and Keynes revisited: Two original approaches to demand-determined income – and much more besides -- Chapter 6. Full indexation and less-than-full wage indexation” -- Chapter 7. Post-communist mutations -- Chapter 8. Comparative economics after the transition -- Chapter 9. Kornai: shortage versus surplus economies -- Chapter 10. The Chinese alternative -- Chapter 11. Alternative pension systems: Generalities and reform issues in transition economies -- Chapter 12. A flat tax is for a flat Earth -- Chapter 13. The rise and fall of socialism -- PART II. Economic democracy -- Chapter 14. Codetermination, profit-sharing and full employment -- Chapter 15. On traditional cooperatives and James Meade's labour-capital discriminating partnerships -- Chapter 16. Profit-sharing and employment: claims and overclaims -- Chapter 17. Employee ownership in Polish privatizations -- Chapter 18. Employeeism: corporate governance and employee share ownership in transition economies -- Chapter 19. Employee participation in enterprise control and returns: patterns, gaps and discontinuities -- PART III. East-West integration and globalization -- Chapter 20. The case for Western aid to Central Eastern Europe -- Chapter 21. The impact of systemic transition on the European Community -- Chapter 22. Symposium on Exchange rate regimes in transition economies. The euroization debate. Introduction -- Chapter 23. Costs and benefits of unilateral euroization in central eastern Europe -- Chapter 24. Globalization today: incomplete, distorted and unfair -- Chapter 25. The impact of the global crisis on transition economies -- Chapter 26. The European Social Model: Is there a Third Way? -- Chapter 27. Seismic faults in the European Union.
    Abstract: This book, the second of two volumes, brings together the work of Domenico Mario Nuti to highlight his significant and varied contribution to economics. Bringing together works from across Nuti’s career, his distinctive intellectual framework is exemplified in relation to discussions on the drivers of economic growth and development, the most efficient economic system, the organisation of firms, and how economies should be managed. This volume gives particular attention to Nuti’s views about how economic systems evolve, about the possibilities for various forms of economic democracy; and his analysis of East-West integration and globalization. The volume also contains a bibliography of his works. Domenico Mario Nuti was Professor of Economics at La Sapienza University in Rome and the European University Institute in Florence. He also held positions at the University of Cambridge, University of Birmingham, and the London Business School. Saul Estrin is Emeritus Professor of Managerial Economics and Strategy at LSE. Milica Uvalic is Professor of Economics at the University of Perugia.
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  • 16
    Online Resource
    Online Resource
    Cham : Springer International Publishing | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031315787
    Language: English
    Pages: 1 Online-Ressource (XIV, 257 p. 1 illus.)
    Series Statement: Palgrave Studies in Economic History
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Economic history. ; Europe ; Science ; Economics ; Intellectual life ; Cold War ; Cold War history ; Economic History ; History of Economics ; Cold War Studies ; History of Science ; CEE history ; Intellectual history ; Exile history ; Communist countries ; Aufsatzsammlung
    Abstract: Chapter 1: Soviet Union : The Ambiguous Case of National -- Chapter 2: East Germany : Negotiating Conformity and Innovation -- Chapter 3:Czechoslovakia : Opening the Doors to the West -- Chapter 4: Hungary : Surfing Among Ice Floes -- Chapter 5: Poland : Economic History Debate Across the Iron Curtain -- Chapter 6: Yugoslavia : Economic Historiography Between National and International Context -- Chapter 7: Romania : Approaches and Limits of Economic History.
    Abstract: This edited volume offers a systematic exploration of the relations between Western and Eastern scientists during the Cold War from the Eastern European perspective using the example of economic history. Introducing famous as well as almost forgotten scholars who attempted to eliminate the Iron Curtain and strove to break through the obstacles against the transfer of scientific ideas, the book challenges the narrative of the non-cooperative nature of scientific work during the Cold War due to socialist scientists’ incapability and disinclination to engage openly in international discussions. The book contributes to a deeper collective understanding of the multiple contemporary ideological and political circumstances that influenced scientific work and individual scientists' careers and explores the options scientists in socialist countries had - and utilized - to develop their research in collaboration with their Western colleagues. Antonie Doležalová is Associate Professor in Economic History at the Faculty of Social Sciences at Charles University in Prague and Senior Member at Robinson College in Cambridge. Doležalová focuses on economic history, its historiography, and the history of economic thought in Central Europe in the 19th and 20th centuries. Catherine Albrecht is Professor of History Emerita at Ohio Northern University in Ada, Ohio. She is an expert in the history of economic thought in East Central Europe, having published numerous articles on the intersection of economic development and nationalist competition in the late 19th and early 20th centuries.
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  • 17
    ISBN: 9783031174148
    Language: English
    Pages: 1 Online-Ressource (XIII, 367 p.)
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Economics—History. ; Macroeconomics. ; Economics. ; Economics ; Austrian economics ; The School of Salamanca ; Central bank digital currency ; The Nature of the Firm ; Emotions ; Behavior and Austrian Economics ; Austrian Theory of Consumption-Period Planning ; Economic order and business order ; Public choice ; Adulterated contracts ; The Geotechnosocioeconomic Process ; Bank Circulation Credit ; Ethics of Property ; Financial Crisis ; Monetary Competition ; J. Huerta de Soto ; Aufsatzsammlung ; Festschrift
    Abstract: 1. Introduction -- 2. Jesús Huerta de Soto and the School of Salamanca -- 3. The transfer of credit risk to the central bank under issuance of central bank digital currency central bank digital currency -- 4. Spontaneous Money: The Emergence of Lancashire Bills & Their Demise -- 5. An Academic Entrepreneur at Work -- 6. Bankruptcy, Reorganization and the Nature of the Firm -- 7. Emotions, Behavior and Austrian Economics -- 8. The Austrian Theory of Consumption-Period Planning -- 9. Economic order and business order -- 10. The role of history in economic theorizing -- 11. The connection of public choice and Austrian economics in the works of Jesús Huerta de Soto -- 12. Adulterated Contracts -- 13. The implications of the teachings of Huerta de Soto on investments -- 14. Entrepreneurship and knowledge -- 15. The Geotechnosocioeconomic Process as a transforming and coordinating mechanism of the market structures and their business functions -- 16. A critical assessment of CAPM for equity investment decision -- 17. A Brief Note on Bank Circulation Credit and Time Preference -- 18. Dynamic Efficiency, Economic Development, and the Ethics of Property -- 19. Milton Friedman and the Financial Crisis -- 20. Hayek’s Overinvestment Theory and the Stability of the Euro (Area) -- 21. Monetary Competition: Countries with two currencies -- 22. The Greatest Economist Ever -- 23. The inspiration of J. Huerta de Soto -- 24. Entrepreneurship, property and the managerial function within the analytical model.
    Abstract: This book, the first of two volumes, explores the impact of Jesús Huerta de Soto and his role in the modern revival of the Austrian School of Economics. The chapters focusing on monetary economics, business cycle theory, and entrepreneurship, combine established ideas with novel topics to explore the new directions forged by Huerta de Soto’s ideas. This approach presents Huerta de Soto’s influence on modern economics. It also outlines his current research paradigm. This book aims to highlight and build upon the intellectual legacy of Jesús Huerta de Soto through its contribution to the Austrian School of Economics. It will be relevant to students and researchers interested in monetary policy and Austrian economics. David Howden is Professor of Economics at Saint Louis University – Madrid Campus. Philipp Bagus is Professor of Economics at Universidad Rey Juan Carlos.
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  • 18
    Online Resource
    Online Resource
    Cham : Springer International Publishing | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031383731
    Language: English
    Pages: 1 Online-Ressource (XVII, 169 p. 19 illus., 16 illus. in color.)
    Edition: 2nd ed. 2023.
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Financial services industry. ; Valuation. ; Financial risk management. ; Economics ; Developing an intelligent investment strategy ; female investing ; financial planning for women ; retirement planning for women ; wealth accumulation ; female investors ; financial case studies ; Crypto ; Asset classes ; ETF investing ; financial planning after divorce ; avoiding investing mistakes ; value investing ; managing portfolio risk ; saving for retirement ; retirement income spending
    Abstract: 1 Wealth Accumulation Is an Attitude Investing for your future requires a few goals and much less capital than you think -- 2 Saving to Invest is the Best Strategy -- 3 COVID Hit Women’s Finances Much Harder than Men’s Women left the worforce en masse – at what cost? -- 4 It’s True! Women Make Better Investors than Men (sorry guys) Women inherently display the traits required for successful investing -- 5 Developing an Intelligent Investing Strategy All Your Own Like any discipline, sound investing can become muscle memory for the diligent student and practitioner -- 6 Developing an Investment Discipline That Will Achieve our Goals—Continued: The Stock Market is a Tug of War between Fear and Greed; Arm Yourself with the Tools to Succeed -- 7 Construct Your Portfolio Like a Dinner Party Invitation List: Holdings Should Be Balanced and Behave Well If Things Get Out of Hand -- 8 Apple, Inc.—A Case Study in How to Select a Core Holding: A Role Model Investment You Will Want to Emulate -- 9 Mutual Funds Are So 1990, How to use Exchange-Traded Funds To Round Out Your Portfolio Holdings. To Crypto or not to Crypto and what the heck are meme stocks? -- 10 A Case Study of a Fallen Consumer Discretionary, Tech, E-commerce Company: Amazon. And Stocks to Own for a Lifetime -- 11 Five Critical Lessons and Warnings: Don’t Touch a Hot Stove, Don’t Talk to Strangers and Other Lessons for the Ages -- 12 Twelve Intelligent Investing Rules – And One More for Good Measure: Rules for Women to Invest By.
    Abstract: It is no secret that women are increasingly controlling wealth. Estimates suggest that women control more than 50% of all wealth and growing. Importantly, 95% of women will be their family’s primary financial decision maker at some point in their lives. Yet recent studies show that Millennial women are deferring financial and investing decisions at a greater pace than Baby Boomer women. Targeted to all women “with a clear recognition that though the objectives and needs of this vast segment may not necessarily be homogeneous, women share common challenges when it comes to investing, this book provides clear instruction and a series of Intelligent Investing Rules for women to live by, especially in these times with sticky and persistent inflation and rising interest rates. The Women’s Guide to Successful Investing demonstrates how women can develop the knowledge and skills required to accumulate wealth and build an investment portfolio for the long term. Providing proven wealth accumulation strategies, tailored advice, and a comprehensive market analysis, this second edition is a must-read for female investors who want to master volatile markets with long-term success. Written by a female CEO, CIO, and investment manager whose career has spanned 38 years, the book offers a much-needed blueprint for investments for women. Nancy Tengler’s career as a portfolio manager spans 40 years; she is currently the CEO and Chief Investment Officer of Laffer Tengler Investments. Nancy is a passionate advocate for women’s financial literacy and she leads the firm’s Women & Wealth initiative. Nancy is a sought-after TV and print financial commentator on local and national media outlets. She lives in Incline Village, NV with her 2 labs and hikes the Tahoe Trail daily. .
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  • 19
    Online Resource
    Online Resource
    Cham : Springer International Publishing | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031422164
    Language: English
    Pages: 1 Online-Ressource (XXI, 478 p. 7 illus.)
    Series Statement: Great Thinkers in Economics
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Hansen, Alvin H. ; Economics ; Economics. ; Economic policy. ; Keynesian economics ; Human capital ; Criticism of the neoclassical economics ; Inflationary ; National income accounting ; Academic biography ; The post war reconstruction ; Dynamic theory of the cycle ; Secular stagnation ; The trade cycle ; Labour economics before the Crash
    Abstract: Introduction -- From "just a simple farm-boy" to the Ivy League -- Foundations -- Building a Reputation at Minnesota -- Hansen and the New Deal Policies -- In the Service of the State: Unemployment Insurance, the Federal Reserve, & the Employment Act -- Later Trade Cycle Theory: Technical Progress & Dynamics -- Secular Stagnation -- Teaching at Harvard -- Savings & Investment Analysis -- On Keynes -- Money, Wages, & Prices -- Managing the Mixed Economy -- America & the World Economy -- A Wider Perspective.
    Abstract: This book examines the academic life of Alvin Hansen and his contribution to modern economics. Through tracing the development of his early work and pre-Keynesian ideas, the influence of Keynes and the 1937-8 recession on the direction of his work is explored, particularly in relation to his theoretical backing of the New Deal and subsequent American policy. The subsequent chapters focus on his later work on secular stagnation, savings and investment, American Keynesianism, managing the post-war mixed economy and the often overlooked contributions to global questions and wider aspects of political economy and public policy. This book aims to highlight the intellectual influence and academic value of Alvin Hansen’s work. It will be relevant to students and researchers interested in economic policy, political economy, and the history of economic thought. Robert J. Bigg holds a PhD from the University of Cambridge in the history of economic thought. His research interests include the development of monetary and macroeconomic theory and intellectual biography. Previously published works include Cambridge and the Monetary Theory of Production together with entries for The New Palgrave: A Dictionary of Economics, and The Palgrave Companion to Oxford Economics.
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  • 20
    Online Resource
    Online Resource
    Cham : Springer International Publishing | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031207549
    Language: English
    Pages: 1 Online-Ressource (XV, 323 p. 53 illus.)
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Economics—History. ; Economic development. ; Economics ; Economic growth ; Ricardo's rent theory ; von Thunen's theory ; Faustmann's optimality rule ; Pareto Optimality ; Capital markets ; Interest rates ; Ramsey's model ; Koopman's theory ; Nordhaus ; Degrowth
    Abstract: Chapter 1 An Introduction to the Economics of Optimal Growth Pathways -- Chapter 2 Ricardo’s Rent -- Chapter 3 Von Thunen’s Spatial Land Use: Grasslands and Cities -- Chapter 4 Faustmann’s Forest Harvest Rotation -- Chapter 5 Hotelling’s Fossil Fuel Economics -- Chapter 6 Fisheries Bioeconomics under Open Access -- Chapter 7 Irving Fisher’s Capital and Interest. - Chapter 8 Frank Ramsey’s Optimal Savings -- Chapter 9 Robert Solow’s Modern Economic Growth -- Chapter 10 Tjalling Koopmans’s Optimal Economic Growth -- Chapter 11 William Nordhaus’s Optimal Carbon Tax Trajectory -- Chapter 12 The Economics of Optimal Growth Pathways with Managing Natural Resources -- Chapter 13 Tendencies for Sub-optimal or Post-growth Pathways.
    Abstract: Every society aspires to be prosperous. It also endeavors to minimize the side effects of economic growth. This book entitled The Economics of Optimal Growth Pathways addresses numerous trade-offs faced by society to achieve prosperity and explores the best possible growth pathways. The theories explored in this book serve as a springboard to better understand key challenges and aspects of the economy, including food security, land use, forest and resource management, capital markets and interest rates, oil and gas extraction, fish and marine resources, saving and investment, and climate change. This book elucidates the concept of optimal economic growth pathways while addressing the challenges faced in natural resources and life on the planet. It will be relevant to students and researchers interested in resource and environmental economics. S. Niggol Seo is a natural resource economist who specializes in the study of global warming and globally shared goods. Born in 1972, he received a PhD degree in environmental and natural resource economics from Yale University in 2006 and has been a professor in the UK, Spain, and Australia from 2006 to 2015. He previously worked on various World Bank projects on climate change in Africa, Latin America, and Asia. He received an Outstanding Applied Economic Perspectives and Policy Article Award from the Agricultural and Applied Economics Association in Pittsburgh in June 2011. He is currently at the Muaebak Institute of Global Warming Studies.
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  • 21
    Online Resource
    Online Resource
    Cham : Springer Nature Switzerland | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031264863
    Language: English
    Pages: 1 Online-Ressource (VII, 95 p. 1 illus.)
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Economics—Psychological aspects. ; Literature—Philosophy. ; Economics. ; Macroeconomics. ; Economic development. ; Microeconomics. ; Economics ; Literature ; perfect competition ; macroeconomics ; international trade ; economic growth and development ; demand and supply ; monetary theory ; behavioural economics ; pricing ; labour markets ; game theory ; fiscal policies ; information economics ; English literature ; economic themes in literature ; Literature and Economics
    Abstract: 1. Introduction -- 2. The Price of Oysters (demand and supply) -- 3. When You’ve Got to Go, You’ve Got to Go (pricing) -- 4. The Competition is Tough (perfect competition) -- 5. Why Trade is Good 1 (economic welfare) -- 6. Last Copy, Sir: Double Price (monopoly) -- 7. The Kursaal Flyers (game theory and oligopoly) -- 8. Gizza Job (labour markets) -- 9. Greta’s Expectations (externalities and the environment) -- 10. Why Trade is Good 2 (international trade) -- 11. Well, What Do You Know? (information economics) -- 12. Don’t Behave Like That (behavioural economics) -- 13. The Swings and Roundabouts of Outrageous Fortune (business cycles) -- 14. If It Moves, Tax It (fiscal policy) -- 15. The Employers and the Employed (unemployment) -- 16. Interesting Times (monetary policy) -- 17. From Small Things, Big Things Come (modern approaches to macroeconomics) -- 18. Growing Pains (economic growth).
    Abstract: This book provides an engaging introduction to economics through a literary lens. Drawing on writers such as James Joyce, George Eliot, Edith Wharton, Jane Austen, Charlotte Bronte, and Elizabeth Gaskell, each chapter is framed around a quote from a classic text of English literature that helps tease out a key economic concept and demonstrate its broader relevance. While rigorous, the book is virtually free of technical language and aims to give a concise overview of all the main topics in contemporary economics – from supply and demand, pricing, labour markets, externalities, and game theory, to environmental and behavioural economics, fiscal policy and business cycles, modern approaches to macroeconomics and economic growth. Interweaving literary examples with easy-to-follow explanations and reflective tasks, the book takes an interdisciplinary approach to economics and literature that requires no prior knowledge in either camp, but which illuminates patterns of real-world behaviour observed by novelists and economists alike. This concise and accessible book will be a valuable tool for students embarking on introductory economics courses, economics modules in business studies, and interdisciplinary courses more broadly, as well as the general reader interested in building their knowledge of economics. Geraint Johnes is Emeritus Professor of Economics at Lancaster University, and has also worked at Dartmouth College New Hampshire, Lehigh University in Pennsylvania, the Australian National Univeristy, and Beijing Normal University. He has also served as director of the London-based think-tank, the Work Foundation, and is regularly in demand as an economic commentator on global TV news channels including the BBC, ITV, Al Jazeera, Deutsche Welle, and France 24. He was founding editor of the journal, Education Economics, and was previously editor also of the International Journal of Manpower. He is author of numerous articles in major journals, and has authored and edited books most recently including the Handbook of Contemporary Education Economics (Edward Elgar, 2017).
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  • 22
    Online Resource
    Online Resource
    Cham : Springer International Publishing | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031344015
    Language: English
    Pages: 1 Online-Ressource (XXIII, 122 p. 2 illus., 1 illus. in color.)
    Edition: 2nd ed. 2023.
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
    Keywords: Kapitalanlage ; Portfolio-Management ; Ethik ; Wirtschaftsethik ; Whistleblowing ; Nachhaltige Kapitalanlage ; Finanzsektor ; Economics—Psychological aspects. ; Financial services industry. ; Business ethics. ; Economics ; Women in Finance ; Investment Banking Ethics ; Financial Ethics Case Studies ; Asset Management Ethics ; Equity Sales Ethics ; Asian Markets Financial Ethics ; Hedge Fund Ethics ; Financial Whistleblowers ; investments and securities ; Fallstudie
    Abstract: Introduction -- Chapter 1 Plantation Adventure Case Study -- Chapter 2 Bangkok Misadventure Case Study -- Chapter 3 Hong Kong Hike Case Study -- Chapter 4 Mutual Fund Fun Case Study -- Chapter 5 High Finance Gender Inequity Case Study -- Chapter 6 Hedge Fund Edge Case Study -- Chapter 7 Hedge Fund Harassment Case Study -- Chapter 8 Whistleblowing Consultant Case Study -- Chapter 9 Finance Academy Gender Inequity Case Study -- Chapter 10 Finance Academy Ideological Bias Case Study.
    Abstract: Ethics in Finance earned five major awards: winner of the Business Book Awards (UK) 2022, and the Goody Business Book Awards 2022; silver medal winner, Global Book Awards 2022; bronze medal winner, Axiom Business Book Awards 2022; and finalist, International Book Awards (US) 2022. The book comprises multiple finance and ethics case studies. The second edition adds video summaries to each chapter. The purpose of the book is twofold. First, the case studies teach readers how to evaluate and determine resolutions to ethical issues in finance. Second, the reader enjoys a journey with the author, a woman, through her years working in finance. The case studies focus on ethical issues in finance which the author encountered over nearly a 30-year career in the industry. There are 10 cases extracted from different sectors of finance. This broad range is a consequence of the author’s experience from almost all sides of the business: the buy side, the sell side, equity research in Asia, equity sales, mutual funds, hedge funds, the finance academy, and consulting. Each case study has an engaging narrative describing the background, transactions, players, and ethical issues. The ethical issue is analyzed and resolved using appropriate theories of moral philosophy. Descriptions and analyses are rigorous yet comprehensible, approachable, and entertaining. Apart from ethics determinations, the material in the book describes and explains a variety of specific, and even complex, financial transactions. Each case explains the roles of various players involved. In this way, readers learn about the work involved in different finance positions, from investment bankers and equity traders, to portfolio managers and equity analysts. Readers also get an understanding of major financial transactions and activities such as IPOs, secondary offerings, equity trading, and equity valuations. The book will appeal to the general reader, finance practitioners, college and high school students, and lecturers who can use it to supplement courses in finance or business ethics. Kara Tan Bhala is President and Founder of Seven Pillars Institute for Global Finance and Ethics (USA), the world’s only independent think tank for research, education, and promotion of financial ethics. She was an Honorary Research Fellow at Queen Mary University of London, and is a Jury Member for the Ethics and Trust in Finance Global Prize (Switzerland) and US Ambassador for the Transparency Task Force (UK). She has nearly 30 years of global finance experience through working on Wall Street. Dr. Tan Bhala has five degrees across three disciplines: a Bachelors (City, University of London) and Masters in Business (Oxford University), Masters in Liberal Studies (New York University), and Masters and PhD in Philosophy (University of Kansas). She has lived in the world’s major money centres, and currently resides in Kansas City. She is a member of America’s Council on Foreign Relations and England’s Royal Society for Asian Affairs.
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  • 23
    Online Resource
    Online Resource
    Cham : Springer International Publishing | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031296086
    Language: English
    Pages: 1 Online-Ressource (XX, 533 p. 1 illus.)
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
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    Keywords: Economics. ; Economics ; Political science. ; Aufsatzsammlung
    Abstract: 1. Jo Ann Cavallo and Walter E. Block, Introduction -- 2. Gloria Alvarez, With Liberty and Health Everything Is Possible in This World -- 3. Phillip Bagus, A Voyage of Discovery -- 4. Doug Bandow, A Beltway Odyssey -- 5. Jayant Bhandari, Out of India: From Wretchedness to Capitalism -- 6. James Bovard, Forty Years Sniping at Leviathan -- 7. Connor Boyack, One Person Changes the World -- 8. Per L. Bylund, From Meager Means to Market Anarchism: The Political Evolution of an Ordinary Swede -- 9. Gerard Casey, My Transformation into a Teacher of Liberty -- 10. Jo Ann Cavallo, “To study and at times to practice what one has learned, is that not a pleasure?” -- 11. Christopher J. Coyne, My Path to Becoming an Economist and Peacemonger -- 12. Lauren Daugherty, A Young American for Liberty -- 13. Marianna Davidovich, Family, Freedom, and Flourishing: An Educator’s Journey -- 14. Dumo Denga, Moments that Led Me to Libertarianism in South Africa -- 15. Beniamino Di Martino, The Libertarian Mission of a Catholic Priest -- 16. Brian Doherty, Thinking about and Working toward a Less Cruel World -- 17. Lukasz Dominiak, From Growing Up under Socialism to Becoming Libertarian -- 18. Richard M. Ebeling, My Life as an Austrian Economist and Classical Liberal: The Starting Point and Early Years -- 19. Robert B. Eckhardt, Maverick Scientist, Libertarian Capitalist -- 20. Gene Epstein, Mommy Was a Commie: My Personal Voyage from Intellectual Depravity to Libertarianism -- 21. Rafi Farber, My Journey to Liberty -- 22. Bernardo Ferrero, A Florentine Road toward Liberty -- 23. David Friedman, From Philosophy to Economics -- 24. Alan Futerman, Libertarianism as a Path to Life -- 25. Sean Gabb, Born Wanting To Be Free -- 26. Carla Gericke, Live Free and Thrive! -- 27. James Grant, Luckiest Guy on Wall Street -- 28. Zhu Haijiu, Human Action and My Austrian Economics Journey -- 29. Steve H. Hanke, A Life among the “Econ” -- 30. Norman Horn, The Growth of a Christian Libertarian -- 31. Jacob G. Hornberger, My Life as a Libertarian -- 32. Michael Huemer, Intuitive Libertarianism -- 33. Allen Jeon, Austro-libertarianism’s Existential Lessons -- 34. Marc Joffe, Learning from Libertarian Disappointments -- 35. Linda K. Kiguhi, Building a Community of Leaders for Liberty in Africa -- 36. Rowland Kingsley, My Story as an African Libertarian -- 37. Peter G. Klein, My Life as an Austrian Economist and Entrepreneurship Scholar -- 38. Barbara Kolm, If You Are a Tyrolean -- 39. Mitchell Langbert, Confessions of a Libertarian in Academe -- 40. Peter T. Leeson, It Began with Richard Nixon -- 41. Brad Lips, Discovering a World of Hope for Liberty -- 42. Carlo Lottieri, Some Notes in View of an Intellectual Autobiography -- 43. Yuri Maltsev, From Moscow toward Liberty -- 44. Lipton Matthews, No Greater Love than Choice -- 45. Allen Mendenhall, A Libertarian Literary Lawyer -- 46. Ilana Mercer, A Woman of the Libertarian Right -- 47. John Mosier, Confessions of a Proto-Austrian Libertarian -- 48. Antony P. Mueller, My Intellectual Journey in Search of a Social Order beyond the State and Politics -- 49. Michael C. Munger, A Presumption in Favor of Liberty -- 50. Robert P. Murphy, How I Became an Austro-Libertarian -- 51. Héctor Ñaupari, A Sower of Freedom in Latin America -- 52. Radu Nechita, Opening Minds and Sharing the Passion for Liberty -- 53. Wanjiru Njoya, From African Socialism to Libertarianism -- 54. Johan Norberg, Anarchy, Minimal State, and Freelance Utopia -- 55. Yuri Petukhov, Russia, My Journey, and the Hayek Foundation -- 56. Roger Pilon, An Unconventional Odyssey -- 57. Guglielmo Piombini, Dazzled by Murray N. Rothbard -- 58. Robert W. Poole, Jr., Building a Libertarian Think Tank -- 59. Michael Rectenwald, From Leftism to Liberty, A Personal Journey -- 60. Dann Reid, The Culinary Libertarian: Combining My Passion for Food and Liberty -- 61. David Chávez Salazar, And I Will Finally Know What Freedom Is -- 62. Antony Sammeroff, A Scottish Lefty Becomes a Libertarian -- 63. Li Schoolland, A Survivor’s Story -- 64. Karen Selick, Making Life Less Lonely for Canadian Libertarians -- 65. Parth J. Shah, Challenging India’s Socialist Mindset -- 66. Ilya Shapiro, Living the American Dream -- 67. Josef Šíma, The Fall of Communism as Only the First Step Towards a Free Society -- 68. Jo Ann Skousen, From Social Democrat to Libertarian -- 69. Mark Skousen, My Declaration of Independence -- 70. Barry Smith, Thinking Like an Austrian -- 71. Jacek Spendel, Beyond Philosophy: Libertarianism as a Way of Life -- 72. Krassen Stanchev, From the Soviets to Classical Liberalism -- 73. Frank J. Tipler, Physics and Libertarian Philosophy -- 74. Martin van Staden, Law, Voluntaryism, and Being Libertarian in Uninviting Africa -- 75. Laurence M. Vance, Christian Libertarianism -- 76. Richard Vedder, The Life of an Unlikely Libertarian -- 77. Richard E. Wagner, My Non-ideological Path to Becoming a Libertarian Thinker -- 78. Michael A. Walker, Why I Am a Big Government Skeptic and Small Government Advocate -- 79. Nena Bartlett Whitfield, Building the Future Together -- 80. Hiroshi Yoshida, Opening the Taxpayer’s Eyes.
    Abstract: "A Better World, Inc. (2023) provides vital insights for companies seeking to increase their value through innovative environmental, social and governance changes. Bolstered by years of experience, compelling research and case studies, Alice Korngold demonstrates that inclusion and sustainability are essential elements for companies to advance their interests while building a better and more prosperous world. These are issues near and dear to my heart." -April Miller Boise, Executive Vice President and Chief Legal Officer, Intel "A Better World, Inc. (2023) is essential reading for corporate executives and board directors. With powerful research and case studies, Alice Korngold shows that inclusion and sustainability are fundamental for companies to grow value and advance prosperity -- for business and society." -Michael Cherkasky, Co-Founder and Board Director, Exiger Influential libertarians from diverse backgrounds and professions who have worked toward a freer society across the globe share their personal and intellectual journeys, including what their lives and thoughts were before they embraced libertarianism; which people, texts, or events most inspired them; what experiences, challenges, tribulations, and achievements they have had as participants or leaders in this movement, and how this philosophy has affected their private and professional lives. The volume’s 80 contributors span the political-philosophical spectrum of libertarianism, including anarcho-capitalists, minarchists, constitutionalists, classical liberals, and thick libertarians. Their essays express different perspectives on many issues even while articulating such core principles as an appreciation for individual liberty, private property rights, the rule of law, and free enterprise. Together, they represent myriad individual journeys toward libertarianism, however defined. By bringing together a range of contemporary voices from outside the dominant left-right paradigm, this book aims to contribute to the viewpoint diversity that is crucially needed in today’s public discourse. These autobiographies not only offer compelling insights into their individual authors and the state of the world today, but may also inspire the next generation to make our society a freer one. Jo Ann Cavallo (PhD, Yale, 1987) is Professor of Italian and Chair of the Italian Department at Columbia University and an Associated Scholar of the Mises Institute. She has brought an Austro-libertarian perspective to Italian studies through publications on Marco Polo, Machiavelli, Renaissance fiction, chivalric epic, and Sicilian puppet theater, as well as a co-edited volume (with Carlo Lottieri), Speaking Truth to Power from Medieval to Modern Italy Walter E. Block (PhD, Columbia, 1972) is Harold E. Wirth Endowed Chair and Professor of Economics, College of Business, Loyola University New Orleans, and Senior Fellow at the Mises Institute. He is the author of more than 600 refereed articles in professional journals, three dozen books, and thousands of op eds. He lectures widely on college campuses, delivers seminars around the world, and appears regularly on television and radio shows. .
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    ISBN: 9783031315091
    Language: English
    Pages: 1 Online-Ressource (XLI, 402 p. 45 illus., 32 illus. in color.)
    Parallel Title: Erscheint auch als
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    Keywords: Economics ; Political planning. ; Psychology. ; Behavioral insights ; Behavioral economics ; Decison-making ; Public policy ; Institutions ; Financial regulation ; Public health ; Behavior change ; Aufsatzsammlung
    Abstract: Foreword by David Halpern -- Chapter 1: Introduction -- Section 1: Central Teams -- Chapter 2: From innovative to imperative: Evolving the application of behavioral science in the Government of Canada -- Chapter 3: Ten Years of Ireland’s Behavioural Research Unit -- Section 2: Line departments -- Chapter 4: Learning by Doing: Designing and Testing Behavioral Interventions to Improve Labor Programs -- Chapter 5: Launching the first federal effort to apply behavioral science to U.S. human services programs -- Chapter 6: Designing for social impact: Behavioral science field studies to improve economic mobility -- Chapter 7: The World's first Government Behavioural Insights Team dedicated to Public Health: Ten Lessons Learned over a Decade of Experience -- Chapter 8: Blending Backgrounds: Building Behavioral Insights at the U.S. IRS -- Section 3: The Global South -- Chapter 9: Reflections from Ideas 42’s economic justice team -- Chapter 10: MineduLab, the innovation laboratory for a cost-effective educational policy in Peru -- Chapter 11: Lessons Learned from Applying Behavioral Science in the Middle East -- Chapter 12: Improving Lives in Latin America and the Caribbean -- Chapter 13: Behavioural Insights in South Africa – a view from the Global South, learning, growing, and evolving -- Chapter 14: Expanding beyond nudge: Experiences applying behavioral science for comprehensive social change -- Section 4: Going Local -- Chapter 15: Doing Behavioural Science in the Eternal City: The Case of R² -- Chapter 16: Nudging United States Local Government to What Works -- Chapter 17: Putting Behavioral Science to Work in The City of Brotherly Love and Sisterly Affection: The Philadelphia Behavioral Science Initiative -- Section 5: Going Meta -- Chapter 18: The evolution of a rigorous multi-disciplinary behavioural team: lessons from financial regulation in the UK -- Chapter 19: eMBeDding Behavioral Sciences in International Development -- Chapter 20: Behavioural and Cultural Insights for better health: the BCI Unit at WHO Regional Office for Europe -- Chapter 21: Embedding Behavioural Science into the work of the United Nations -- Section 6: Outside Government -- Chapter 22: The Megastudy Approach for Changing Behavior at Scale -- Chapter 23: The Busara Center: Letters To Our Past -- Chapter 24: Inside Out: BCG’s Path to Applying and Embedding Behavioral Science .
    Abstract: “This book is essential reading for anyone interested in understanding, joining, or building an institution that applies lessons from behavioral science to public policy.” —Katherine L. Milkman, James G. Dinan Professor, Wharton School, The University of Pennsylvania and Co-Director, The Behavior Change for Good Initiative Behavioral science draws on research from across the social and natural sciences, and it has consistently shown that humans are not always rational. This insight has reshaped multiple fields, including economics, political science, and law. Since the early 2000s, the application of behavioral science to public policy has also grown exponentially. Policymakers and practitioners now regularly use behavioral science to rethink how they develop programs and solve social problems. The impact has been far-reaching; behavioral science has transformed how we think about the economy, public health, education, and beyond. In practice, behavioral insights have been used to raise tax revenues, help people access social welfare program benefits and employment opportunities, increase voter turnout, boost medication adherence, and more. There are now hundreds of entities – international organizations, governments, business, and nonprofits – building and investing in internal behavioral science teams. Unfortunately, most of the hard work of putting these teams together and applying behavioral science insights happens “behind the scenes.” This book unearths key stories and insights from pioneers in applied behavioral science. Michael Sanders is Professor of Public Policy and Director of the Experimental Government Team in the Policy Institute at King’s College London. He was founding Chief Executive of What Works for Children’s Social Care and the first Chief Scientist of the Behavioral Insights Team, the world's first "nudge unit." Syon Bhanot is Associate Professor of Economics at Swarthmore College. His research focuses on using experimental methods to test behavioral science ideas in public policy contexts, with a focus on public health, prosocial behavior, and public administration. Shibeal O’Flaherty is a Ph.D. Candidate in Public Policy at King’s College London. Her research focuses on applying behavioral science to improve welfare across a range of policy areas, including workplace wellbeing, access to benefits and programs, and sustainability.
    URL: Cover
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    Online Resource
    Online Resource
    Cham : Springer Nature Switzerland | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031401398
    Language: English
    Pages: 1 Online-Ressource (XV, 287 p. 11 illus.)
    Series Statement: Palgrave Studies in the History of Economic Thought
    Parallel Title: Erscheint auch als
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    Keywords: Economics ; Technological innovations. ; Power resources. ; Institutional change ; Economic development ; Energy productivity ; Science and knowledge ; Neoclassical approach to technological change ; Schumpeter on innovation ; Scottish Enlightenment ; Energy efficiency ; Technological unemployment ; Institutional problems for innovation ; National innovation policies ; Alienation of labour ; Austrian economics on innovation ; Sustainability and technological progress ; Future innovations ; Aufsatzsammlung
    Abstract: 1. Invention, institutional change and economic development: from Scottish Enlightenment to the IPE -- 2. Friedrich List, contemporaries and followers: national innovation policies revisited -- 3. Transhumanism as alienation in Marx's humanist approach -- 4. Energy efficiency, productivity and the Jevons paradox -- 5. Max Weber: Science, Technology and Knowledge -- 6. Schumpeter and Austrian economics on innovation -- 7. The Neoclassical approach, its crisis and the Schumpeterian echo in the current paradigm of the economic analysis of Technological Change -- 8. Some misconceptions regarding innovation (and how reading the classics might help to overcome them) -- 9. Sustainability and technological progress -- 10. Technological unemployment as a historical debate -- 11. On the controversies on capital as a selection between paradigms -- 12. Influence of Schumpeter in the national context -- 13. Institutional problems for innovation although inventions are available -- 14. Conclusion and future research.
    Abstract: This book provides an overview of the importance of science, technology, and innovation in the history of economic thought. It charts how science has responded to societal needs and global challenges to highlight the way in which knowledge and technology have been used to benefit society. Particular attention is given to modern concerns, such as climate change, technological unemployment, and social unrest, which are contextualised within the work of the Scottish Enlightenment, Marx, Weber, and Schumpeter. Broader debates, including the relationship between invention and economic development, the alienation of labour, and institutional change, are also considered. This book aims to shed new light on our understanding of science, technology, and innovation by placing them within ideas from the history of economic thought. It will be relevant to students and researchers interested in the history of economic thought and the economics of innovation and technology. Estrella Trincado Aznar is Professor of History of Economic Thought at the Complutense University of Madrid. Fernando López Castellano is Professor of Economics at the University of Granada.
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    Online Resource
    Online Resource
    Cham : Springer International Publishing | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031368363
    Language: English
    Pages: 1 Online-Ressource (XXI, 156 p. 9 illus., 8 illus. in color.)
    Series Statement: Palgrave Macmillan Studies in Banking and Financial Institutions
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    Keywords: Finance. ; Capital market. ; Economics ; equity premium ; random walk hypothesis ; rational speculative bubble ; volatility ; expectations hypothesis ; term structure of interest rates ; efficient markets hypothesis ; stochastic discount factor ; forward rate ; coupon bond ; zero-coupon bond ; expectation ; cognitive biases ; spot rate ; yield ; return predictability ; incomplete markets ; asset pricing ; fixed income securities ; complete markets
    Abstract: Chapter 1 Introduction -- Chapter 2 Efficient markets -- Chapter 3 Equity premium -- Chapter 4 The dividend ratio model -- Chapter 5 Bond valuation -- Chapter 6 Yield curves -- Chapter 7 Term structure models -- Chapter 8 Real estate market -- Chapter 9 Derivative securities -- Chapter 10 Conclusion.
    Abstract: This book reviews the efficient markets hypothesis from a behavioural finance perspective looking at the stock markets of the five largest Euro economies. It covers some key areas in finance, including efficient markets, equity premium, dividend ratio model, yield curve and term structure, all of which are concepts used to analyse pricing and other behaviour in financial markets. The book studies the term structure of interest rates describing formalizations for zero-coupon and coupon bonds and evaluates results regarding static spot rate and dynamic forward rate regressions for the Euro area. Additionally, it examines the equity premium exploiting variation in stock market returns in both time series and cross-section dimensions, and will be of interest to academics, researchers, and students of financial economics, financial markets, and behavioural finance. Gian Maria Tomat is senior advisor at the Bank of Italy and provides policy and strategic advice to the Governing Board, the Board of Directors and the local administrative Directorates. He actively participates in the activities of national and international central banking working groups and has research interests in the fields of monetary and exchange rate policy, financial and real estate markets and interest rates. He has authored several articles in the areas of macroeconomics and finance and presented his work on a regular basis in workshops and conferences organized by academic institutions and international organizations. He earned a PhD in Political Economy at the University of Bologna, Italy.
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    Online Resource
    Online Resource
    Cham : Springer Nature Switzerland | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031367120
    Language: English
    Pages: 1 Online-Ressource (XXVII, 456 p. 31 illus., 28 illus. in color.)
    Parallel Title: Erscheint auch als
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    Keywords: Economics ; Social choice. ; Welfare economics. ; Psychology. ; choice ; behavior ; economics and choice ; behavioral psychology ; neoclassical economics ; welfare economics ; utilitarianism ; behavioral neuroscience ; cognitive biases ; economic choice theory ; welfare ; well-being
    Abstract: Introduction -- Part I: An ordering of paths, well-being, and economics: how to make you, a chimp, or even a cactus, better off? -- Chapter 1: Economicus: assumptions of a neoclassical theory of behavior, and their implications— my take -- Chapter 2: Welfare (well-faring) economics as a theory of what is right and wrong—my take -- chapter 3: Could economicus be the product of evolution rather than the creation of God? -- Chapter 4: Wanting versus liking, and happiness: an electrical/chemical stew -- Chapter 5: Does consuming more increase WB? Is getting rich the path to happiness? -- Chapter 6: Common quirks, incorrect beliefs, and flawed choosing -- Chapter 7: The endowment effect -- Chapter 8: Returning to whether all the different kinds of WB are commensurable and whether all the different bearers-of-WB are comparable -- Part II: What is a choice? Choice or the illusion of choice? -- Chapter 9: How would you define a choice? And the difference between a choice and the experience/sense of making a choice -- Chapter 10: The evidence on conscious choice -- Part III: Most moral philosophers are not welfare consequentialists, so what are they? -- Chapter 11: A primer on welfare economics vs. other ethics -- Chapter 12: A bit more on welfare economics, external effects, and interpersonal comparisons of WB -- Epilogue: Do you make choices, and if so, has your choosing made you happy?.
    Abstract: Neoclassical economists assume that people act to maximize their well-being: they choose based on their desires and only desire what they will like. Neuroscientists and psychologists disagree. Their research demonstrates that cues and evolutionary quirks cause people to act against their best interests, even choosing alternatives they will not like. In this book, Edward R. Morey contrasts neoclassical choice theory with behavioral models and findings in psychology, neuroscience, evolutionary biology, and animal behavior. The book addresses the fundamental idea within economics that behaviors are chosen, and it explains why other disciplines disagree. The chapters touch on modeling behavior, judging behavior, and policies. Morey breaks down judgment using the ethics of welfare economics, and it compares and contrasts this recognized approach with others, including Mill’s liberalism, virtue ethics, duty-based ethics, Buddhist ethics, and utilitarianism. Edward R. Morey is a Professor Emeritus at the University of Colorado, Boulder, USA. His research has centered on modeling and estimating individual behavior. .
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    Online Resource
    Online Resource
    Cham : Springer International Publishing | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031171734
    Language: English
    Pages: 1 Online-Ressource (XXI, 410 p. 4 illus.)
    Series Statement: Palgrave Studies in Classical Liberalism
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    Keywords: Economics—Psychological aspects. ; Philosophy and social sciences. ; Knowledge, Theory of. ; Behaviorism (Psychology). ; Economics ; evolutionary epistemology ; complexity theory ; behaviorism ; Austrian subjectivism ; rationalist constructivism ; philosophy of the social sciences ; market order in economics
    Abstract: 1. Understanding, Explaining and Knowing -- Part 1: Knowledge as classification, judgment, mensuration -- 2. Problems of Mensuration and Experimentation -- 3. Problems of Measurement and Meaning in Biology -- 4. Psychology Cannot Quantify Its Research, do Experiments, or be Based Upon Behaviorism -- 5. Taking the Measure of Functional Things -- 6. Statistics Without Measurement -- 7. Economic Calculation of Value Is Not Measurement, not Apriori, and Its Study Is Not Experimental -- Part 2: What can be known, and what is real -- 8. Structural Realism and Theoretical Reference -- 9. The Mental and the Physical Still Pose Insuperable Problems -- Part 3: There are inescapable dualisms -- 10. Complementarity in Science, Life and Knowledge -- 11. Complementarities of physicality and functionality yield unavoidable dualisms -- Part 4: Complementarity and ambiguity -- 12. Understanding Complex Phenomena -- 13. The Resolution of Surface and Deep Structure Ambiguity -- Part 5: The corruption of knowledge: Politics and the deflection of science -- 14. Political Prescription of Behavior Ignores Epistemic Constraints -- Part 6: Appendix: The Abject Failure of Traditional Philosophy to Understand Epistemology -- 15. Induction is an insuperable problem for traditional philosophy -- 16. Rheroric and Logic in Inference and Expectation -- 17. Rationality in an evolutionary epistemology.
    Abstract: “Weimer is a polymath. His writings range over disparate domains including induction, psychology, epistemology, economics, and mensuration theory. This volume should be essential reading for anyone concerned about the nature of the sciences.” – Neil P. Young, Clinical and Experimental psychologist. “Knowing the mind is infinitely more challenging than knowing the objects studied by the physical sciences. Weimer's book rises to the challenge, thoroughly reviewing the strengths and shortcomings of both famous and forgotten thinkers such as Bühler, Hayek, Popper, and von Neumann to identify key issues for an evolutionary epistemology.” – John A. Johnson, Professor Emeritus of Psychology, Penn State University This book argues for evolutionary epistemology and distinguishing functionality from physicality in the social sciences. It explores the implications for this approach to understanding in biology, economics, psychology and political science. Presenting a comprehensive overview of philosophical topics in the social sciences, the book emphasizes how all human cognition and behavior is characterized by functionality and complexity, and thus cannot be explained by the point predictions and exact laws found in the physical sciences. Realms of functional complexity – such as the market order in economics, the social rules of conduct, and the human CNS – require a focus on explanations of the principles involved rather than predicting exact outcomes. This requires study of the historical context to understand behavior and cognition. This approach notes that functional complexity is central to classical liberal ideas such as division of labour and knowledge, and how this is a far more powerful and adequate account of social organization than central planning. Through comparison of these approaches, as well as its interdisciplinary scope, this book will interest both academics and students in philosophy, biology, economics, psychology and all other social sciences. Walter B. Weimer is Emeritus Professor of Psychology and Philosophy at the Pennsylvania State University, USA. His other books in the Palgrave Studies in Classical Liberalism series are the two volumes of Retrieving Liberalism from Rationalist Constructivism. .
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    Online Resource
    Online Resource
    Cham : Springer International Publishing | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031218637
    Language: English
    Pages: 1 Online-Ressource (XX, 138 p. 19 illus., 13 illus. in color.)
    Parallel Title: Erscheint auch als
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    Keywords: Economics—Psychological aspects. ; Valuation. ; Finance. ; Financial engineering. ; Econometrics. ; Economics ; Financial markets ; Monte Carlo simulation ; Professional investment ; Investment strategies ; Asset management ; The capital asset pricing model (CAPM) ; Harry Markowitz ; Informed investor behavior ; Institutional quantitative asset management industry ; Portfolio construction technology
    Abstract: Chapter 1 : The Birth of Modern Finance -- Chapter 2 : The Birth of Capital Market Theory -- Chapter 3 : Rise of Institutional Quantitative Management -- Chapter 4 : Finance Theory in Crisis -- Chapter 5: The Crisis at the Workbench or Markowitz’s revenge -- Chapter 6: The Michaud Efficient Frontier and Rank-Dependent Utility -- Chapter 7: Statistical Portfolio Management -- Chapter 8: Equity Markets in a Sociological Framework. .
    Abstract: There is a foundational crisis in financial theory and professional investment practice: There is little, if any, credible evidence that active investment strategies and traditional institutional quantitative technologies are able to provide superior risk-adjusted, cost-adjusted return over investment relevant horizons. Economic and financial theory has been in error for more than fifty years and is the fundamental cause of the persistent ineffectiveness of professional asset management. Contemporary sociological and economic theory, agent-based modeling, and an appreciation of the social context for preference theory provides a rational and intuitive framework for understanding financial markets and economic behavior. The author narrates his long-term experience in the use and limitations of traditional tools of quantitative asset management as an institutional asset manager in practice and as a quantitative analyst and strategist on Wall Street. Monte Carlo simulation methods, modern statistical tools, and U.S. patented innovations are introduced to redefine portfolio optimality and procedures for enhanced professional asset management. A new social context for expected utility theory leads to a novel understanding of modern equity markets as a financial intermediary for purchasing power constant time-shift investing uniquely appropriate for meeting investor long-term investment objectives. This book addresses the limitations and indicated resolutions for more useful financial theory and more reliable asset management technology. In the process, it traces the major historical developments of theory and institutional asset management practice and their limitations over the course of the 20th century to the present, including Markowitz and the birth of modern finance, CAPM theory and emergence of institutional quantitative asset management, CAPM and VM theory limitations and ineffective iconic tools and strategies, and innovations in statistical methodologies and financial market theory. Richard Michaud, PhD, is President, Founder, and Chief Executive Officer of New Frontier Advisors. He earned a PhD in Mathematics and Statistics from Boston University, USA and has taught investment management at Columbia University, USA. His research and consulting has focused on asset allocation, investment strategies, global investment management, optimization, stock valuation, and trading costs. He is the author of Efficient Asset Management (with Robert Michaud), Investment Styles, Market Anomalies, and Global Stock Selection, and over 60 published journal articles, manuscripts, and white papers. He is co-holder of four U.S. patents in portfolio optimization and asset management, a Graham and Dodd Scroll winner for his work on optimization, a former editorial board member of the Financial Analysts Journal, associate editor of the Journal of Investment Management, and former director of the “Q” Group. Dr. Michaud's research was recently profiled in WatersTechnology 2019: "Rebel Math." Notable press articles also include Institutional Investor 2010: Modern Portfolio Theory’s Evolutionary Road, and Pensions & Investments 2003: “Markowitz says Michaud has built a better mousetrap.”.
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    Online Resource
    Online Resource
    Cham : Springer International Publishing | Cham : Imprint: Palgrave Macmillan
    ISBN: 9783031226304
    Language: English
    Pages: 1 Online-Ressource (XVI, 209 p. 1 illus.)
    Series Statement: Palgrave Insights into Apocalypse Economics
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    Keywords: Economics—History. ; Asia—Economic conditions. ; Marxian economics. ; Schools of economics. ; Economics ; Asia ; Marx ; Uno Kozo ; Thomas Sekine ; ex-capitalist transition ; Marxian political economy ; critique of capitalism ; Hegel ; the neoliberal turn
    Abstract: Part I -- Chapter 1: Introduction -- Chapter 2: Distinguishing Marxian Economic Theory from Bourgeois Political Economy -- Chapter 3: The Scientificity of Marxian Economic Theory and the Spuriousness of Bourgeois Natural Science of Society -- Chapter 4: The Necessity of Levels of Analysis in Marxian Political Economy -- Chapter 5: Kozo Uno’s Elaboration of Marxism in the Light of Marx and Hegel -- Part II -- Chapter 6: Theorizing World Economic Change Following the Unraveling of the Imperialist Stage -- Chapter 7: Bourgeois Economics in the Era of Ex-Capitalist Transition -- Chapter 8: Whither Policy in the Phase of Capitalist Disintegration? -- Chapter 9: Neoliberalism and the Futility of Monetarism -- Chapter 10: Road to a New Historical Society. .
    Abstract: This challenging book induces us to rethink how and why dominant neo-classical economics fails to present correct problems and solutions for really existing capitalism. It demonstrates how and why Kozo Uno…restructured political economy with three levels of research: principles of political economy based upon Marx’s Book Capital, stages theory of capitalist development utilizing Lenin’s Imperialism, and concrete analyses of capitalism since the first world war. Sekine explains why the contemporary economy is mired in an era of ex-capitalist transition and offers policy recommendations for building really feasible socialism. - Makoto Itoh, Professor Emeritus of the University of Tokyo, and a member of the Japan Academy If the Nobel Prize in economics was genuinely awarded for revolutionizing economic science Thomas T. Sekine would have been one of its recipients. - Richard Westra, Author of Economics, Science and Capitalism This unique book, written in a question and answer style, brings to life the work of the world’s foremost Marxian economist Thomas T. Sekine on the scientificity of Marx’s project in Capital, its applicability to navigating world-historic change across capitalist stages of development and what Marxian economics teaches us about building viable future historical societies. Sekine, a student and follower of Marxist Kozo Uno, argues that capitalism neither constitutes the end of history nor does its overthrow await socialist revolution. Rather, based upon its own historical delimitations capitalism, following World War I and the Great Depression of the 1930s, has entered a period of disintegration. Grounded on a scathing critique of bourgeois economics in all its forms, Sekine exposes the futility of bourgeois policy interventions attempting to revive capitalism. This book will be of interest to economists in both the mainstream and heterodox schools, and those broadly interested in the history of economic thought. Thomas T. Sekine received his Ph.D. at LSE in 1966. For 26 years he taught economics at York University, Canada. He completed his teaching career as Director of the International Research Center, Aichi Gakuin University, Japan.
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