Download or read book The Backward Art of Spending Money written by Wesley Clair Mitchell and published by Routledge. This book was released on 2017-11-30 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nearly 85 years ago, Wesley Clair Mitchell, the acknowledged leader of American economists during the first half of this century, wrote: "Important as the art of spending is, we have developed less skill in its practice than in the practice of making money. Common sense forbids our wasting dollars earned by irksome efforts; and yet we are notoriously extravagant. Ignorance of qualities, uncertainty of taste, lack of accounting, carelessness about pricesà. Many of us scarcely know what becomes of our moneyà."More than ever, in our world of ever-increasing credit card debt, lenient bankruptcy laws, and runaway consumption, these words still ring true. This collection of Mitchell's essays, makes it easier for today's and tomorrow's economists and social scientists to become acquainted with Mitchell's many contributions to the study of the American economy.Regrettably, the passage of time can blur and even obliterate the reputation and achievements of yesterday's leaders of ideas and actions. Although the National Bureau of Economic Research, which Mitchell helped to found and which he led in the 1920s and 1930s, remains a leading research institution, relatively few of its associates, who represent the elite among U.S. academic economists, have any first-hand acquaintance with Mitchell's work. Eli Ginzberg rounds out this edition with Mitchell's comprehensive analysis of "Business Cycles," first published in 1929, an area that commanded most of his scholarly efforts. Ginzberg's essay on Mitchell, written in 1931 and published for the first time in 1997, serves as an appropriate introduction to this new edition. His afterword contains remarks delivered at the 50th anniversary of Mitchell's death at the meeting of the Allied Social Sciences Association held in Chicago early in 1998, a telling tribute to this undisputed giant in the field.Wesley Clair Mitchell (1874û1948) held major teaching posts at the University of California and Columbia University. One of the most eminent U.S. economists, Mitchell focused much of his research on the statistical investigation of business cycles. His two major works are Business Cycles (1913) and Business Cycles: The Problem at its Setting, (1927).Eli Ginzberg is A. Barton Hepburn Professor Emeritus at the Graduate School of Business, and Director of the Eisenhower Center for the Conservation of Human Resources at Columbia University.
Download or read book The Backward Art of Spending Money and Other Essays written by Wesley Clair Mitchell and published by . This book was released on 1960 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Backward Art of Spending Money and Other Essays written by Wesley C. Mitchell and published by Harvard University Press. This book was released on 1964-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Backward Art of Spending Money written by Wesley Clair Mitchell and published by Transaction Publishers. This book was released on with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nearly 85 years ago, Wesley Clair Mitchell, the acknowledged leader of American economists during the first half of this century, wrote: "Important as the art of spending is, we have developed less skill in its practice than in the practice of making money. Common sense forbids our wasting dollars earned by irksome efforts; and yet we are notoriously extravagant. Ignorance of qualities, uncertainty of taste, lack of accounting, carelessness about pricesà . Many of us scarcely know what becomes of our moneyà ." More than ever, in our world of ever-increasing credit card debt, lenient bankruptcy laws, and runaway consumption, these words still ring true. This collection of Mitchell's essays, makes it easier for today's and tomorrow's economists and social scientists to become acquainted with Mitchell's many contributions to the study of the American economy. Regrettably, the passage of time can blur and even obliterate the reputation and achievements of yesterday's leaders of ideas and actions. Although the National Bureau of Economic Research, which Mitchell helped to found and which he led in the 1920s and 1930s, remains a leading research institution, relatively few of its associates, who represent the elite among U.S. academic economists, have any first-hand acquaintance with Mitchell's work. Eli Ginzberg rounds out this edition with Mitchell's comprehensive analysis of "Business Cycles," first published in 1929, an area that commanded most of his scholarly efforts. Ginzberg's essay on Mitchell, written in 1931 and published for the first time in 1997, serves as an appropriate introduction to this new edition. His afterword contains remarks delivered at the 50th anniversary of Mitchell's death at the meeting of the Allied Social Sciences Association held in Chicago early in 1998, a telling tribute to this undisputed giant in the field. Wesley Clair Mitchell (1874û1948) held major teaching posts at the University of California and Columbia University. One of the most eminent U.S. economists, Mitchell focused much of his research on the statistical investigation of business cycles. His two major works are Business Cycles (1913) and Business Cycles: The Problem at its Setting, (1927). Eli Ginzberg is A. Barton Hepburn Professor Emeritus at the Graduate School of Business, and Director of the Eisenhower Center for the Conservation of Human Resources at Columbia University.
Download or read book Institutions in Economics written by Malcolm Rutherford and published by Cambridge University Press. This book was released on 1996-07-13 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines and compares the 'old' institutionalism of Veblen, Mitchell, Commons, and Ayres, with the 'new' institutionalism developed from neoclassical and Austrian sources.
Download or read book Sold American written by Charles F. McGovern and published by Univ of North Carolina Press. This book was released on 2009-01-06 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the turn of the twentieth century, an emerging consumer culture in the United States promoted constant spending to meet material needs and develop social identity and self-cultivation. In Sold American, Charles F. McGovern examines the key players active in shaping this cultural evolution: advertisers and consumer advocates. McGovern argues that even though these two professional groups invented radically different models for proper spending, both groups propagated mass consumption as a specifically American social practice and an important element of nationality and citizenship. Advertisers, McGovern shows, used nationalist ideals, icons, and political language to define consumption as the foundation of the pursuit of happiness. Consumer advocates, on the other hand, viewed the market with a republican-inspired skepticism and fought commercial incursions on consumer independence. The result, says McGovern, was a redefinition of the citizen as consumer. The articulation of an "American Way of Life" in the Depression and World War II ratified consumer abundance as the basis of a distinct American culture and history.
Download or read book The Social Meaning of Money written by Viviana A. Zelizer and published by Princeton University Press. This book was released on 2021-09-14 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: A dollar is a dollar—or so most of us believe. Indeed, it is part of the ideology of our time that money is a single, impersonal instrument that impoverishes social life by reducing relations to cold, hard cash. After all, it's just money. Or is it? Distinguished social scientist and prize-winning author Viviana Zelizer argues against this conventional wisdom. She shows how people have invented their own forms of currency, earmarking money in ways that baffle market theorists, incorporating funds into webs of friendship and family relations, and otherwise varying the process by which spending and saving takes place. Zelizer concentrates on domestic transactions, bestowals of gifts and charitable donations in order to show how individuals, families, governments, and businesses have all prescribed social meaning to money in ways previously unimagined.
Download or read book Institutional Economics written by John Adams and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Allan Garfield Gruchy, now Professor Emeritus at The University of Maryland, retired in 1977 from full-time duty. That he continued to teach his graduate seminar in institutional economics and simply accelerated work on a major study of planning in world economies is only more evidence of the energy and concern he has brought to his teaching and writing through out his career. His undergraduate classes in comparative economic systems and modern economic thought, and his two graduate courses on institu tionalism, were always among the most popular in the department. They were firmly grounded in a perspective that opened the minds of hundreds of students to new avenues of thought and to different modes of economic organization. Returning students who report they quickly forgot the arid intricacies of intermediate theory courses nonetheless recall Allan's verbal thrusts at orthodox positions and at the shortcomings of American eco nomic institutions. Allan worked for many years with Dudley Dillard to construct Maryland's present department and served ably as acting chairman in 1976-77 after Dudley relinquished the chairmanship. His impatient wit enlivened faculty meetings and rendered them expeditious in the extreme, and it was welcomed by all except those with a penchant for pontification. Allan is best known among economists for his elucidation of institutional and neoinstitutional thought and for his comparative analysis of planning v vi PREFACE and growth.
Download or read book John Maurice Clark written by L. Shute and published by Springer. This book was released on 2016-07-27 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first comprehensive study of the life and works of John Maurice Clark (1884-1963), who continued the work of his father, John Bates Clark (1847-1938) by developing a new dynamic economic theory, often referred to as 'Social Economics'. Although J.M. Clark's contributions anticipated much of Keynes', he went much further: exploring ethics, overhead costs, business cycles, methodology, and social control. Clark argued that costs were not precise terms and new forms of social control were needed in addition to the market.
Download or read book The Economic Approach to Human Behavior written by Gary S. Becker and published by University of Chicago Press. This book was released on 2013-02-06 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since his pioneering application of economic analysis to racial discrimination, Gary S. Becker has shown that an economic approach can provide a unified framework for understanding all human behavior. In a highly readable selection of essays Becker applies this approach to various aspects of human activity, including social interactions; crime and punishment; marriage, fertility, and the family; and "irrational" behavior. "Becker's highly regarded work in economics is most notable in the imaginative application of 'the economic approach' to a surprising breadth of human activity. Becker's essays over the years have inevitably inspired a surge of research activity in testimony to the richness of his insights into human activities lying 'outside' the traditionally conceived economic markets. Perhaps no economist in our time has contributed more to expanding the area of interest to economists than Becker, and a number of these thought-provoking essays are collected in this book."—Choice Gary Becker was awarded the Nobel Prize in Economic Science in 1992.
Download or read book Main Currents in Modern Economics written by Ben B. Seligman and published by Routledge. This book was released on 2020-02-27 with total page 780 pages. Available in PDF, EPUB and Kindle. Book excerpt: Main Currents in Modem Economics deserves to be the classic it is. At the time of its original publication in 1962, Ben Seligman, a scholar’s scholar, had immersed himself in the development of economic thought since 1870. This product of his efforts is truly timeless. Why is Main Currents still modern and surprisingly up-to-date? For Seligman, the story begins with the revolt of German historical writers against the rigidity of classical doctrine, a natural starting point for contemporary theory. He takes us from the world of Thorstein Veblen to Galbraith’s theory of countervailing power and the affluent society—worlds that he makes us understand are not so far apart., Seligman also shows us how the doctrines begin to repeat themselves. Tradition is reaffirmed with the rediscovery of marginalism by Jevons, the Austrians, and J. B. Clark. A more neutral version of “equilibrium economics” is supplied by Leon Walras and Vilfredo Pareto, a main current of thought extended by John R. Hicks and Paul A. Samuelson. Seligman characterizes the principal trait of modern doctrine as the use of technique for its own sake. Dismissing G.L.S. Shackle’s writing on uncertainty, he criticizes Shackle’s use of continuous rather than discontinuous function., Main Currents may have been published too soon to be fully appreciated. Selig-man’s focus on the thrust toward technique now has a ring of truth that can no longer be ignored. As Ray Canterbery notes in his introduction, in some respects only the names of the players have changed, and Main Currents’ pertinence to today’s issues is self-evident. Economics has moved so deeply into technique that the next generation may have to rediscover the past in order to find its way out. Seligman s book is a good place to begin the journey.
Download or read book Beyond Dissent Essays in Institutional Economics written by Philip A. Klein and published by Routledge. This book was released on 2016-09-16 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text provides an ethnography of a Chinese middle school based on fieldwork conducted in 1988 to 1989. It provides a way of looking at classroom and societal interactions in terms of the interplay among criticism, face and shame.
Download or read book The Fortunes of Liberalism written by F. A. Hayek and published by University of Chicago Press. This book was released on 1992 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this collection of essays, F.A. Hayek traces his intellectual roots to the "Austrian school" of economics and links it to the modern rebirth of classical liberal or "libertarian" thought.
Download or read book Research in the History of Economic Thought and Methodology Part A B C written by Warren J. Samuels and published by Emerald Group Publishing. This book was released on 2008-06-16 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of refereed articles on topics in economic methodology and the history of economics, including Austrian economic methodology and Wesley Mitchell.
Download or read book A Research Annual written by Warren J. Samuels and published by Emerald Group Publishing. This book was released on 2008-06-16 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes refereed articles on topics in economic methodology and the history of economics, including Austrian economic methodology and Wesley Mitchell. This collection covers such topics as Adam Smith, John Kenneth Galbraith, Friedrich Nietzsche, Joseph Schumpeter, Janos Kornai, the Chicago School, French econometrics, and financial economics.
Download or read book The Economics of Justice written by Richard A. Posner and published by Harvard University Press. This book was released on 1983-08-16 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: Richard A. Posner is probably the leading scholar in the rapidly growing field of the economics of law; he is also an extremely lucid writer. In this book, he applies economic theory to four areas of interest to students of social and legal institutions: the theory of justice, primitive and ancient social and legal institutions, the law and economics of privacy and reputation, and the law and economics of racial discrimination. The book is designed to display the power of economics to organize and illuminate diverse fields in the study of nonmarket behavior and institutions. A central theme is the importance of uncertainty to an understanding of social and legal institutions. Another major theme is that the logic of the law, in many ways but not all, appears to be an economic one: that judges, for example, in interpreting the common law, act as if they were trying to maximize economic welfare. Part I examines the deficiencies of utilitarianism as both a positive and a normative basis of understanding law, ethics, and social institutions, and suggests in its place the economist’s concept of “wealth maximization.” Part II, an examination of the social and legal institutions of archaic societies, notably that of ancient Greece and primitive societies, argues that economic analysis holds the key to understanding such diverse features of these societies as reciprocal gift-giving, blood guilt, marriage customs, liability rules, and the prestige accorded to generosity. Many topics relevant to modern social and philosophical debate, including the origin of the state and the retributive theory of punishment, are addressed. Parts III and IV deal with more contemporary social and jurisprudential questions. Part III is an economic analysis of privacy and the statutory and common law rules that protect privacy and related interests—rules that include the tort law of privacy, assault and battery, and defamation. Finally, Part IV examines, again from an economic standpoint, the controversial areas of racial and sexual discrimination, with special reference to affirmative action. Both Part III and Part IV develop as a sub-theme the issue of proper standards of constitutional adjudication by the Supreme Court.
Download or read book Law and Economics written by Jenny B. Wahl and published by Routledge. This book was released on 2013-09-13 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title aims to explain (and criticize) the economic approach to law by covering economic analysis in property and criminal law. To save the time of the reader not wanting to relearn multivariate calculus with each section, this title provides comprehensive bibliographies and highlights major contributions in the introductions to each volume. A key overview for students of economy and law to gain a broad understanding of how to approach these themes in practice.
