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The Crisis of Vision in Modern Economic Thought

The Crisis of Vision in Modern Economic Thought PDF Author: Robert L. Heilbroner
Publisher: Cambridge University Press
ISBN: 9780521497145
Category : Political Science
Languages : en
Pages : 148

Book Description
A deep and widespread crisis affects modern economic theory, a crisis that derives from the absence of a "vision"--a set of widely shared political and social preconceptions--on which all economics ultimately depends. This absence, in turn, reflects the collapse of the Keynesian view that provided such a foundation from 1940 through the early 1970s, comparable to earlier visions provided by Smith, Ricardo, Mill, and Marshall. The "unraveling" of Keynesianism has been followed by a division into discordant and ineffective camps whose common denominator seems to be their shared analytical refinement and lack of practical applicability. This provocative analysis attempts both to describe this state of affairs, and to suggest the direction in which economic thinking must move if it is to regain the relevance and remedial power it now pointedly lacks.

The Crisis of Vision in Modern Economic Thought

The Crisis of Vision in Modern Economic Thought PDF Author: Robert L. Heilbroner
Publisher: Cambridge University Press
ISBN: 9780521497145
Category : Political Science
Languages : en
Pages : 148

Book Description
A deep and widespread crisis affects modern economic theory, a crisis that derives from the absence of a "vision"--a set of widely shared political and social preconceptions--on which all economics ultimately depends. This absence, in turn, reflects the collapse of the Keynesian view that provided such a foundation from 1940 through the early 1970s, comparable to earlier visions provided by Smith, Ricardo, Mill, and Marshall. The "unraveling" of Keynesianism has been followed by a division into discordant and ineffective camps whose common denominator seems to be their shared analytical refinement and lack of practical applicability. This provocative analysis attempts both to describe this state of affairs, and to suggest the direction in which economic thinking must move if it is to regain the relevance and remedial power it now pointedly lacks.

Crisis of Vision in Modern Economic Thought

Crisis of Vision in Modern Economic Thought PDF Author: Robert Louis Heilbroner
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 125

Book Description


Crisis of Vision in Modern Economic Thought

Crisis of Vision in Modern Economic Thought PDF Author: Robert Louis Heilbroner
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 0

Book Description


Outsourcing Economics

Outsourcing Economics PDF Author: William Milberg
Publisher: Cambridge University Press
ISBN: 1107355222
Category : Business & Economics
Languages : en
Pages :

Book Description
Outsourcing Economics has a double meaning. First, it is a book about the economics of outsourcing. Second, it examines the way that economists have understood globalization as a pure market phenomenon, and as a result have 'outsourced' the explanation of world economic forces to other disciplines. Markets are embedded in a set of institutions - labor, government, corporate, civil society, and household - that mold the power asymmetries that influence the distribution of the gains from globalization. In this book, William Milberg and Deborah Winkler propose an institutional theory of trade and development starting with the growth of global value chains - international networks of production that have restructured the global economy and its governance over the past twenty-five years. They find that offshoring leads to greater economic insecurity in industrialized countries that lack institutions supporting workers. They also find that offshoring allows firms to reduce domestic investment and focus on finance and short-run stock movements.

Real World Economics

Real World Economics PDF Author: Edward Fullbrook
Publisher: Anthem Press
ISBN: 1843312476
Category : Business & Economics
Languages : en
Pages : 513

Book Description
An engaging, important text calling for the reform of economics and pushing for the discipline to become an honest and effective tool for democracy.

Contemporary Economic Theory

Contemporary Economic Theory PDF Author: Andriana Vlachou
Publisher: Springer
ISBN: 1349277142
Category : Business & Economics
Languages : en
Pages : 288

Book Description
Leading international scholars challenge neoliberalism on its assumptions, way of reasoning and empirical evidence. In particular, they discuss critically, from the standpoint of radical perspectives, the issues of limiting the state and privatization, inflation and unemployment, and the possibility of a socialist society. They also discuss the current project for the monetary and economic union (EMU) of Europe, considered as an application of neoliberalism. They assess and question the internal market, the common currency and central bank independence; and investigate alternatives to the EMU project and the marketization agenda.

A Future of Capitalism: The Economic Vision of Robert Heilbroner

A Future of Capitalism: The Economic Vision of Robert Heilbroner PDF Author: M. Carroll
Publisher: Springer
ISBN: 0230372511
Category : Business & Economics
Languages : en
Pages : 117

Book Description
This book provides an intellectual portrait of Robert Heilbroner. It traces the development of his work and places it within the literature of economic thought. The book finds that Heilbroner is a writer of political economy in the classical sense. His work is more reminiscent of Smith or Marx than of contemporary economic theorists. Heilbroner's economics is built on a solid foundation of social psychology, evolutionary dynamics and human history. This holistic approach affords Heilbroner a wide latitude to define the economic process and the discipline that studies it.

The New Palgrave Dictionary of Economics

The New Palgrave Dictionary of Economics PDF Author:
Publisher: Springer
ISBN: 1349588024
Category : Law
Languages : en
Pages : 7493

Book Description
The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.

Making Sweatshops

Making Sweatshops PDF Author: Ellen Rosen
Publisher: Univ of California Press
ISBN: 9780520928572
Category : Political Science
Languages : en
Pages : 354

Book Description
The only comprehensive historical analysis of the globalization of the U.S. apparel industry, this book focuses on the reemergence of sweatshops in the United States and the growth of new ones abroad. Ellen Israel Rosen, who has spent more than a decade investigating the problems of America's domestic apparel workers, now probes the shifts in trade policy and global economics that have spawned momentous changes in the international apparel and textile trade. Making Sweatshops asks whether the process of globalization can be promoted in ways that blend industrialization and economic development in both poor and rich countries with concerns for social and economic justice—especially for the women who toil in the industry's low-wage sites around the world. Rosen looks closely at the role trade policy has played in globalization in this industry. She traces the history of current policies toward the textile and apparel trade to cold war politics and the reconstruction of the Pacific Rim economies after World War II. Her narrative takes us through the rise of protectionism and the subsequent dismantling of trade protection during the Reagan era to the passage of NAFTA and the continued push for trade accords through the WTO. Going beyond purely economic factors, this valuable study elaborates the full historical and political context in which the globalization of textiles and apparel has taken place. Rosen takes a critical look at the promises of prosperity, both in the U.S. and in developing countries, made by advocates for the global expansion of these industries. She offers evidence to suggest that this process may inevitably create new and more extreme forms of poverty.

Handbook of the History of Economic Thought

Handbook of the History of Economic Thought PDF Author: Jürgen Georg Backhaus
Publisher: Springer
ISBN: 9781489994738
Category : Business & Economics
Languages : en
Pages : 0

Book Description
This reader in the history of economic thought challenges the assumption that today’s prevailing economic theories are always the most appropriate ones. As Leland Yeager has pointed out, unlike the scientists of the natural sciences, economists provide their ideas largely to politicians and political appointees who have rather different incentives that might prevent them from choosing the best economic theory. In this book, the life and work of each of the founders of economics is examined by the best available expert on that founding figure. These contributors present rather novel and certainly not mainstream interpretations of the founders of modern economics. The primary theme concerns the development of economic thought as this emerged in the various continental traditions including the Islamic tradition. These continental traditions differed substantially, both substantively and methodologically, from the Anglo-Saxon orientation that has been dominant in the last century for example in the study of public finance or the very construct of the state itself. This books maps the various channels of continental economics, particularly from the late-18th through the early-20th centuries, explaining and demonstrating the underlying unity amid the surface diversity. In particular, the book emphasizes the writings of John Stuart Mill, his predecessor David Ricardo and his follower Jeremy Bentham; the theory of Marginalism by von Thünen, Cournot, and Gossen; the legacy of Karl Marx; the innovations in developmental economics by Friedrich List; the economic and monetary contributions and “struggle of escape” by John Maynard Keynes; the formidable theory in public finance and economics by Joseph Schumpeter; a reinterpretation of Alfred Marshall; Léon Walras, Heinrich von Stackelberg, Knut Wicksell, Werner Sombart, and Friedrich August von Hayek are each dealt with in their own right.