Download or read book Further Reflections on the Invisible Hand Theorem written by Dennis C. Mueller and published by . This book was released on 1982 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Greed written by A. F. Robertson and published by John Wiley & Sons. This book was released on 2013-05-03 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Greed' is a visceral insult. It jabs below the belt, evoking guilty sensations of gluttony and lust. It taunts the rich and powerful, penetrating the cover of modern ideologies and institutions. Today, old-fashioned accusations of greed drag the larger-than-life corporate fat cats down to human bodily proportions, accusing them of gain without genuine growth. This lively new book is a wide-ranging inquiry into how greed works in our lives and in the world at large. Western philosophy has intellectualized human passions, explaining and justifying our expansive desires as 'rational self-interest'. However, an examination of the visceral power of greed tells us something about the apathy of modern theory. It shows us how confused we have become about the meanings of growth, creating false and morally hazardous distinctions between biology on the one hand, and history on the other. With greed as a guide, this book considers how the integrity of these meanings may be restored. This remarkable book will be of interest to anyone concerned about the morality of economic behavior in the modern world. It will be an important text for students in the social sciences, especially in anthropology, sociology, development studies, and business studies.
Download or read book Beyond the Marketplace written by Roger Friedland and published by Routledge. This book was released on 2019-08-21 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: For at least a half-century, there has been active debate on the nature of the economy between classical and neoclassical economists and advocates of a more -substantivist- approach (most recently, cultural anthropologists)... The essays are uniformly well written and excellently documented... Heartily recommended for academic libraries, community college level up. --S. M. Soiffer, Choice
Download or read book The Invisible Hand written by John Eatwell and published by Springer. This book was released on 1989-11-01 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an excerpt from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This extract concentrates on the theory of the invisible hand.
Download or read book Economics and the Philosophy of Science written by Deborah A. Redman and published by Oxford University Press, USA. This book was released on 1993 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists and other social scientists in this century have often supported economic arguments by referring to positions taken by philosophers of science. This important new book looks at the reliability of this practice and--in the process--provides economists, social scientists, and historians with the necessary background to discuss methodological matters with authority. Redman presents an accurate, critical, yet neutral survey of the modern philosophy of science from the Vienna Circle to the present, focusing particularly on logical positivism, sociological explanations of science (Polanyi, Fleck, Kuhn), the Popper family, and the history of science. She then deals with economic methodology in the twentieth century, looking at a wide range of methodological positions, especially those supported by positions from the philosophy of science.
Download or read book How to be Human Though an Economist written by Deirdre N. McCloskey and published by University of Michigan Press. This book was released on 2000 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: A witty and thoughtful romp through the profession and practice of economics
Download or read book The Historiography of Economics written by A.W. Bob Coats and published by Routledge. This book was released on 2013-10-08 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the third and final volume of collected papers of A.W. Bob Coats. Coats began to collect material for this volume in the years following the publication of the second volume in 1993, but sadly died in 2007, before the work was completed. The volume has now been completed under the editorship of Roger Backhouse and Bruce Caldwell. Along with his articles, the compilation of the volume also reflects Coats’ interest in and commitment to book reviews, a selection of which have been chosen for inclusion. The book also includes a comprehensive bibliography. In addition to a preface by Backhouse and Caldwell, the volume also reproduces the obituary that was published in History of Political Economy, a memoir published in 1996, and an interview with Grant Fleming, published the previous year. Together, the introductory materials, articles and reviews serve as a fitting tribute to the body of work of Bob Coats.
Download or read book The Corporation written by Dennis C. Mueller and published by Taylor & Francis. This book was released on 2013-10-15 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 2001. Routledge is an imprint of Taylor & Francis, an informa company.
Download or read book Bounded Rationality in Economics and Finance written by Christian Richter and published by LIT Verlag Münster. This book was released on 2008 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dominant hypothesis in mainstream economics is the assumption of prefect rationality. However, there are two dilemmas: Whenever this assumption was used empirical evidence turned out to be against it. Secondly, this assumption is far from reality, for example, because individuals usually do not possess all relevant information. Therefore, this volume addresses issues of bounded rationality in different areas. The first part investigates bounded rationality in financial markets, the second part investigates the effects of bounded rationality on industrial organizations and the third part deals with bounded rationality in price theory, environmental economics and public management.
Download or read book Megamergers written by Kenneth M. Davidson and published by Beard Books. This book was released on 2003 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a reprint of a previously published book. I t deals with why megamergers happen, how they are done, who the leading players are, and what takeovers mean to business and government.
Download or read book Social Costs Today written by Wolfram Elsner and published by Routledge. This book was released on 2012-06-25 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the current crises from a somewhat different the usual perspectives. It claims that causes and policy implications of these crises cannot be properly assessed by focusing on allocative efficiency or income growth alone; it requires a more general approach, based on social costs. It does not deal with social costs according to the Pigouvian or the Coasian traditions. It draws on the work of Original Institutional Economics (OIE) such as Thorstein Veblen, Karl William Kapp, and Karl Polanyi, on Post-Keynesians such as Hyman Minsky and, in general, on authors who have provided insights beyond the conventional wisdom of economic thought.
Download or read book The Theory of Moral Sentiments written by Adam Smith (économiste) and published by . This book was released on 1812 with total page 636 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reflection Without Rules written by D. Wade Hands and published by Cambridge University Press. This book was released on 2001-04-09 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a comprehensive and often controversial survey of economic methodology.
Download or read book The Invisible Hand of the Market The Theory of Moral Sentiments The Wealth of Nations written by Adam Smith and published by DigiCat. This book was released on 2024-01-01 with total page 1599 pages. Available in PDF, EPUB and Kindle. Book excerpt: This carefully crafted ebook: "The Invisible Hand of the Market: The Theory of Moral Sentiments + The Wealth of Nations (2 Pioneering Studies of Capitalism)" is formatted for your eReader with a functional and detailed table of contents. The invisible hand of the market is a metaphor conceived by Adam Smith to describe the self-regulating behavior of the marketplace. The exact phrase is used just three times in Smith's writings, but has come to capture his important claim that individuals' efforts to maximize their own gains in a free market benefits society, even if the ambitious have no benevolent intentions. Smith came up with the two meanings of the phrase from Richard Cantillon who developed both economic applications in his model of the isolated estate. He first introduced the concept in The Theory of Moral Sentiments, written in 1759. In this work, however, the idea of the market is not discussed, and the word "capitalism" is never used. By the time he wrote The Wealth of Nations in 1776, Smith had studied the economic models of the French Physiocrats for many years, and in this work the invisible hand is more directly linked to the concept of the market: specifically that it is competition between buyers and sellers that channels the profit motive of individuals on both sides of the transaction such that improved products are produced and at lower costs.
Download or read book The Modern Corporation written by Dennis C. Mueller and published by Brighton, Sussex : Wheatsheaf. This book was released on 1986 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Discovering Prices written by Paul Milgrom and published by Columbia University Press. This book was released on 2017-05-23 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditional economic theory studies idealized markets in which prices alone can guide efficient allocation, with no need for central organization. Such models build from Adam Smith’s famous concept of an invisible hand, which guides markets and renders regulation or interference largely unnecessary. Yet for many markets, prices alone are not enough to guide feasible and efficient outcomes, and regulation alone is not enough, either. Consider air traffic control at major airports. While prices could encourage airlines to take off and land at less congested times, prices alone do just part of the job; an air traffic control system is still indispensable to avoid disastrous consequences. With just an air traffic controller, however, limited resources can be wasted or poorly used. What’s needed in this and many other real-world cases is an auction system that can effectively reveal prices while still maintaining enough direct control to ensure that complex constraints are satisfied. In Discovering Prices, Paul Milgrom—the world’s most frequently cited academic expert on auction design—describes how auctions can be used to discover prices and guide efficient resource allocations, even when resources are diverse, constraints are critical, and market-clearing prices may not even exist. Economists have long understood that externalities and market power both necessitate market organization. In this book, Milgrom introduces complex constraints as another reason for market design. Both lively and technical, Milgrom roots his new theories in real-world examples (including the ambitious U.S. incentive auction of radio frequencies, whose design he led) and provides economists with crucial new tools for dealing with the world’s growing complex resource-allocation problems.
Download or read book The Theory of Moral Sentiments written by Adam Smith and published by . This book was released on 1853 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt:
