Download or read book A Political Economy of Lebanon 1948 2002 written by Toufic Gaspard and published by BRILL. This book was released on 2003-12-01 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about the laissez-faire strategy for economic development, a strategy inspired by neoclassical/mainstream economics, advocated by the “Washington Consensus”, and implemented by the Bretton Woods institutions. Mainstream economics has taken legitimacy from the historical failure of command economies. But this view has not been balanced by an examination of the performance of laissez-faire economies, the closest to the pure market model. Lebanon provides a unique test case in this regard. The book assesses Lebanon’s development during 1948-2002, including its industrial and financial performance. The dynamics of the laissez-faire system is separately studied from a Post-Keynesian perspective, highlighting institutional behavior. It is found that laissez-faire is not a sufficient condition for economic development, and can even be counterproductive.

Download or read book Innovation Policy and the Limits of Laissez faire written by D. Fuller and published by Springer. This book was released on 2010-10-06 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hong Kong's laissez-faire tradition has crippled attempts to transform it into a more knowledge-intensive economy and this is a lesson with wide applicability. Many emerging economies face innovation bottlenecks, but even some more advanced economies face similar constraints and may benefit from the lessons of its negative example.

Download or read book The Limits of Laissez Faire written by Nicholas Reynolds and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A principle of laissez-faire has long dominated the doctrinal development of contract and tort as they apply to commerce. By contrast, opposition to laissez-faire developed in piecemeal fashion, which has precluded this opposition from amounting to a comprehensive critique of laissez-faire. This has proven problematic in light of research indicating that humans are prone to biases that inhibit their ability to maximize self-interest. In other words, laissez-faire fails to prevent humans from indulging in self-destructive tendencies. As a solution, this thesis posits that parts of contract, tort and fiduciary law already implicitly recognize an underlying principle of other-regard. This principle functions at the same level as laissez-faire, offering a safeguard against human irrationality that protects self-interest in a way that would be impossible under pure laissez-faire. Ultimately, commercial private law might more effectively achieve its objectives by recognizing a system of competing principles rather than a hegemony of one. Un principe de laissez-faire a longtemps dominé le développement doctrinal du contrat et de la responsabilité délictuelle dans la mesure où ils s'appliquent au commerce. En revanche, l'opposition au laissez-faire s'est développée au coup par coup, ce qui a empêché cette opposition de constituer une critique complète du laisser-faire. Ce problème s'est avéré inhiber leur capacité à maximiser leur intérêt personnel. En d'autres termes, ne pas empêcher les humains de se laisser aller à des tendances autodestructrices. En tant que solution, cette thèse postule que des parties du droit des contrats, de la responsabilité délictuelle et du droit fiduciaire reconnaissent déjà implicitement un principe sous-jacent de l'autre apparence. Ce principe fonctionne au même titre que le laissez-faire, offrant une protection contre l'irrationalité humaine qui protège l'intérêt personnel d'une manière qui serait impossible dans le cadre d'un pur laisser-faire. En fin de compte, le droit commercial privé pourrait mieux atteindre ses objectifs en reconnaissant un système de principes concurrents plutôt qu'une hégémonie.

Download or read book The Limitations of the Doctrine of Laissez faire written by Charles Augustus Strong and published by . This book was released on 1886 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Limits of Laissez faire written by Toufic K.. Gaspard and published by . This book was released on 1992 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Laissez Faire and the General welfare State written by Sidney Fine and published by . This book was released on 1964 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: Laissez faire in American thought and policy, 1763-1865 -- Herbert Spencer versus the state -- Academic and popular theorists of laissez faire -- Laissez faire and the American businessman -- Laissez faire becomes the law of the land -- The social gospel -- The new political economy -- Sociology, political science, and pragmatism -- In quest of reform -- The legislative record -- The general-welfare state in the twentieth century.

Download or read book Everything for Sale written by Robert Kuttner and published by University of Chicago Press. This book was released on 1999-05-15 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this highly acclaimed, provocative book, Robert Kuttner disputes the laissez-faire direction of both economic theory and practice that has been gaining in prominence since the mid-1970s. Dissenting voices, Kuttner argues, have been drowned out by a stream of circular arguments and complex mathematical models that ignore real-world conditions and disregard values that can't easily be turned into commodities. With its brilliant explanation of how some sectors of the economy require a blend of market, regulation, and social outlay, and a new preface addressing the current global economic crisis, Kuttner's study will play an important role in policy-making for the twenty-first century. "The best survey of the limits of free markets that we have. . . . A much needed plea for pragmatism: Take from free markets what is good and do not hesitate to recognize what is bad."—Jeff Madrick, Los Angeles Times "It ought to be compulsory reading for all politicians—fortunately for them and us, it is an elegant read."—The Economist "Demonstrating an impressive mastery of a vast range of material, Mr. Kuttner lays out the case for the market's insufficiency in field after field: employment, medicine, banking, securities, telecommunications, electric power."—Nicholas Lemann, New York Times Book Review "A powerful empirical broadside. One by one, he lays on cases where governments have outdone markets, or at least performed well."—Michael Hirsh, Newsweek "To understand the economic policy debates that will take place in the next few years, you can't do better than to read this book."—Suzanne Garment, Washington Post Book World

Download or read book The Limits of Laissez faire written by Toufic Khalil Gaspard and published by . This book was released on 1992 with total page 740 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Limits of Liberty written by James M. Buchanan and published by University of Chicago Press. This book was released on 1975 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Limits of Liberty is concerned mainly with two topics. One is an attempt to construct a new contractarian theory of the state, and the other deals with its legitimate limits. The latter is a matter of great practical importance and is of no small significance from the standpoint of political philosophy."—Scott Gordon, Journal of Political Economy James Buchanan offers a strikingly innovative approach to a pervasive problem of social philosophy. The problem is one of the classic paradoxes concerning man's freedom in society: in order to protect individual freedom, the state must restrict each person's right to act. Employing the techniques of modern economic analysis, Professor Buchanan reveals the conceptual basis of an individual's social rights by examining the evolution and development of these rights out of presocial conditions.

Download or read book Principles of Political Economy written by John Stuart Mill and published by . This book was released on 1882 with total page 632 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The End of Laissez faire written by John Maynard Keynes and published by . This book was released on 2009 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes (1883-1946) was one of the most influential economists of the first half of the twentieth century. In The End of Laissez-Faire (1926), Keynes presents a brief historical review of laissez-faire economic policy.

Download or read book Hayek s Market Republicanism written by Sean Irving and published by Routledge. This book was released on 2019-11-27 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Friedrich Hayek was the 20th century’s most significant free market theorist. Over the course of his long career he developed an analysis of the danger that state power can pose to individual liberty. In rejecting much of the liberal tradition’s concern for social justice and democratic participation, Hayek would help clear away many intellectual obstacles to the emergence of neoliberalism in the last quarter of the 20th century. At the core of this book is a new interpretation of Hayek, one that regards him as an exponent of a neo-Roman conception of liberty and interprets his work as a form of ‘market republicanism’. It examines the contemporary context in which Hayek wrote, and places his writing in the long republican intellectual tradition. Hayek’s Market Republicanism will be of interest to advanced students and researchers across the history of economic thought, the history of political thought, political economy and political philosophy.

Download or read book The National System of Political Economy written by Friedrich List and published by . This book was released on 1904 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Limits of Neoliberalism written by William Davies and published by SAGE. This book was released on 2016-11-16 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brilliant...explains how the rhetoric of competition has invaded almost every domain of our existence." —Evgeny Morozov, author of To Save Everything, Click Here" "In this fascinating book Davies inverts the conventional neoliberal practice of treating politics as if it were mere epiphenomenon of market theory, demonstrating that their version of economics is far better understood as the pursuit of politics by other means." —Professor Philip Mirowski, University of Notre Dame "A sparkling, original, and provocative analysis of neoliberalism. It offers a distinctive account of the diverse, sometimes contradictory, conventions and justifications that lend authority to the extension of the spirit of competitiveness to all spheres of social life...This book breaks new ground, offers new modes of critique, and points to post-neoliberal futures." —Professor Bob Jessop, University of Lancaster Since its intellectual inception in the 1930s and its political emergence in the 1970s, neo-liberalism has sought to disenchant politics by replacing it with economics. This agenda-setting text examines the efforts and failures of economic experts to make government and public life amenable to measurement, and to re-model society and state in terms of competition. In particular, it explores the practical use of economic techniques and conventions by policy-makers, politicians, regulators and judges and how these practices are being adapted to the perceived failings of the neoliberal model. By picking apart the defining contradiction that arises from the conflation of economics and politics, this book asks: to what extent can economics provide government legitimacy? Now with a new preface from the author and a foreword by Aditya Chakrabortty.

Download or read book Selected Essays by Frank H Knight Volume 1 written by Frank H. Knight and published by University of Chicago Press. This book was released on 1999 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Frank H. Knight (1885-1972) was a central figure—many say the dominant influence—in the development of the "Chicago School of Economics" at the University of Chicago in the 1930s and 1940s, where he taught future Nobel laureates Milton Friedman, James Buchanan, George Stigler, and many other notable scholars. It was Knight's embedded skepticism about the reach of economic knowledge that set the stage for the laissez-faire economics that matured at the University in the 1950s and 1960s. But as important as Knight's technical economic contributions were, he never strayed far from his broad philosophical interests and concern for the state of modern liberal democracy. Ross B. Emmett's selection of Knight's essays is the first to offer a comprehensive picture of the work of this notable social scientist over the span of his career. Included are not only Knight's most influential writings, but also a number of uncollected papers which have not previously been widely accessible. These essays illustrate Knight's views on the central debates regarding economics, social science, ethics, education, and modern liberalism. Volume 1: "What is Truth" in Economics? contains fifteen of Knight's papers up through 1940. Volume 2: Laissez Faire: Pro and Con includes fourteen of Knight's papers from 1940 through 1967, including "Socialism: The Nature of the Problem" and "The Sickness of Liberal Society." These twenty-nine essays together stand not only as a monument to one of economics' most significant and original thinkers, but will also serve as an invaluable resource for economists, philosophers, and political scientists interested in the development of the western liberal tradition.

Download or read book The Failure of Laissez Faire Capitalism and Economic Dissolution of the West written by Paul Craig Roberts and published by Atwell Publishing. This book was released on with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: This very readable book by a distinguished economist, Wall Street Journal editor, and Assistant Secretary of the US Treasury is a major challenge both to economic theory and to media explanations of the ongoing 21st century economic crisis. The one percent have pulled off an economic and political revolution. By offshoring manufacturing and professional service jobs, US corporations destroyed the growth of consumer income, the basis of the US economy, leaving the bulk of the population mired in debt. Deregulation was used to concentrate income and wealth in fewer hands and financial firms in corporations “too big to fail,” removing financial corporations from market discipline and forcing taxpayers in the US and Europe to cover bankster losses. Environmental destruction has accelerated as economists refuse to count the exhaustion of nature’s resources as a cost and as corporations impose the cost of their activities on the environment and on third parties who do not share in the profits. This is the book to read for those who want to understand the mistakes that are bringing the West to its knees.

Download or read book The Three Worlds of Welfare Capitalism written by Gosta Esping-Andersen and published by John Wiley & Sons. This book was released on 2013-05-29 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few discussions in modern social science have occupied as much attention as the changing nature of welfare states in western societies. Gosta Esping-Andersen, one of the most distinguished contributors to current debates on this issue, here provides a new analysis of the character and role of welfare states in the functioning of contemporary advanced western societies. Esping-Andersen distinguishes several major types of welfare state, connecting these with variations in the historical development of different western countries. Current economic processes, the author argues, such as those moving towards a post-industrial order, are not shaped by autonomous market forces but by the nature of states and state differences. Fully informed by comparative materials, this book will have great appeal to everyone working on issues of economic development and post-industrialism. Its audience will include students and academics in sociology, economics and politics.