Download or read book The Regulation of Entry written by Simeon Djankov and published by . This book was released on 2001 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: New data show that countries that regulate the entry of new firms more heavily have greater corruption and larger unofficial economies, but not better quality goods. The evidence supports the view that regulating entry benefits politicians and bureacrats.

Download or read book Risk as an Economic Factor written by John Haynes and published by . This book was released on 1895 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Theory of Interest written by Friedrich Lutz and published by Routledge. This book was released on 2017-09-04 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains a critical analysis of the main theories of interest which have been published since B÷hm-Bawerk. The last part of the book gives an account of the author's own theory.The first part, which deals with the history of doctrines, discusses the theories of B÷hm-Bawerk, Wicksell, Akerman, and Hayek, authors who proceed from the assumption of stationary state.The second group of authors consists of Walras, Irving Fisher, and F. H. Knight, who assume a progressive economy in which net saving and investment occur.The third group of authors are those who stress the monetary factor. The central figure of this part is Keynes; but other authors, among them Patinkin, are also dealt with. The theories on the term structure of interest rates are discussed in the last part of the history of doctrines. The author's own theory deals with the problem of the interest rate first in terms of partial equilibrium analysis, whereby particular attention is paid to the influence of the banking system on the structure of interest rates.In the final chapter the author proceeds to expound the interest theory in the framework of general equilibrium analysis. A mathematical appendix concludes this book.Friedrich A. Lutz (1901-1975) taught economics at Princeton University for fifteen years before becoming Professor of Economics at the University of Zurich. He was also the president of the Mont Pelerin Society from 1964-1967.

Download or read book EJISE Volume 15 Issue 1 written by and published by Academic Conferences Limited. This book was released on with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book General Theory Of Employment Interest And Money written by John Maynard Keynes and published by Atlantic Publishers & Dist. This book was released on 2016-04 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is undoubtedly the century's most important book on economics--strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation's economic life. Keynes's work has undergone significant revaluation in recent years, and "Keynesian" views which have been widely defended for so long are now perceived as at odds with Keynes's own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes's works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the * to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning

Download or read book Immigration Economics written by George J. Borjas and published by Harvard University Press. This book was released on 2014-06-09 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Millions of people—nearly 3 percent of the world’s population—no longer live in the country where they were born. Every day, migrants enter not only the United States but also developed countries without much of a history of immigration. Some of these nations have switched in a short span of time from being the source of immigrants to being a destination for them. International migration is today a central subject of research in modern labor economics, which seeks to put into perspective and explain this historic demographic transformation. Immigration Economics synthesizes the theories, models, and econometric methods used to identify the causes and consequences of international labor flows. Economist George Borjas lays out with clarity and rigor a full spectrum of topics, including migrant worker selection and assimilation, the impact of immigration on labor markets and worker wages, and the economic benefits and losses that result from immigration. Two important themes emerge: First, immigration has distributional consequences: some people gain, but some people lose. Second, immigrants are rational economic agents who attempt to do the best they can with the resources they have, and the same holds true for native workers of the countries that receive migrants. This straightforward behavioral proposition, Borjas argues, has crucial implications for how economists and policymakers should frame contemporary debates over immigration.

Download or read book Economics Imperialism and Interdisciplinarity Before the Watershed written by Ben Fine and published by BRILL. This book was released on 2023-10-20 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Economics Imperialism and Interdisciplinarity: Before the Watershed, Ben Fine offers a selection of his key articles charting the rise of economics imperialism. Each article is accompanied by a preamble that sets the context in which it appeared, with an overall introduction drawing out the overall significance for contemporary scholarship. Ranging over mainstream and heterodox economics, the disputes between them, the relationship between economics and other disciplines, and thinkers as diverse as Kuhn, Becker and Bourdieu, the collection offers a unique and compelling account of how mainstream economics has both changed dramatically whilst its core and narrow principles have remained as sacrosanct as they are invalid. The volume is imperative for those engaging in political economy across the social sciences.

Download or read book The Economic Weapon written by Nicholas Mulder and published by Yale University Press. This book was released on 2022-01-11 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first international history of the emergence of economic sanctions during the interwar period and the legacy of this development Economic sanctions dominate the landscape of world politics today. First developed in the early twentieth century as a way of exploiting the flows of globalization to defend liberal internationalism, their appeal is that they function as an alternative to war. This view, however, ignores the dark paradox at their core: designed to prevent war, economic sanctions are modeled on devastating techniques of warfare. Tracing the use of economic sanctions from the blockades of World War I to the policing of colonial empires and the interwar confrontation with fascism, Nicholas Mulder uses extensive archival research in a political, economic, legal, and military history that reveals how a coercive wartime tool was adopted as an instrument of peacekeeping by the League of Nations. This timely study casts an overdue light on why sanctions are widely considered a form of war, and why their unintended consequences are so tremendous.

Download or read book Reports of the Industrial Commission written by United States. Industrial Commission and published by . This book was released on 1901 with total page 1266 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Report written by United States. Industrial Commission and published by . This book was released on 1901 with total page 1278 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Macroeconomic Theory written by Jean-Pascal Benassy and published by Oxford University Press. This book was released on 2011-05-12 with total page 603 pages. Available in PDF, EPUB and Kindle. Book excerpt: This graduate textbook is a "primer" in macroeconomics. It starts with essential undergraduate macroeconomics and develops in a simple and rigorous manner the central topics of modern macroeconomic theory including rational expectations, growth, business cycles, money, unemployment, government policy, and the macroeconomics of nonclearing markets. The emphasis throughout the book is on both foundations and presenting the simplest model for each topic that will deliver the relevant answers. The first two chapters recall the main workhorses of undergraduate macroeconomics: the Solow-Swan growth model, the Keynesian IS-LM model, and the Phillips curve. The next chapters present four fundamental "building blocks" of modern macroeconomics: rational expectations, intertemporal dynamic models, nonclearing markets and imperfect competition, and uncertainty. Later the book deals with growth, notably the Ramsey model, overlapping generations, and endogenous growth. Chapter 10 moves to the famous "real business cycles" (RBC), which integrate in a unified framework growth and fluctuations. The final chapters look at the issue of stabilization, how best to guard the economy from shocks, and the connections between politics and the macroeconomy. To make the book self contained, a mathematical appendix gives a number of simple technical results that are sufficient to follow the formal developments of the book.

Download or read book Philadelphia s Gas Problem written by Bureau of Municipal Research (Philadelphia, Pa.) and published by . This book was released on 1926 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Risk Uncertainty and Profit written by Frank H. Knight and published by Cosimo, Inc.. This book was released on 2006-11-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.

Download or read book Money and the Rule of Law written by Peter J. Boettke and published by Cambridge University Press. This book was released on 2021-06-03 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contemporary monetary institutions are flawed at a foundational level. The reigning paradigm in monetary policy holds up constrained discretion as the preferred operating framework for central banks. But no matter how smart or well-intentioned are central bankers, discretionary policy contains information and incentive problems that make macroeconomic stability systematically unlikely. Furthermore, central bank discretion implicitly violates the basic jurisprudential norms of liberal democracy. Drawing on a wide body of scholarship, this volume presents a novel argument in favor of embedding monetary institutions into a rule of law framework. The authors argue for general, predictable rules to provide a sturdier foundation for economic growth and prosperity. A rule of law approach to monetary policy would remedy the flaws that resulted in misguided monetary responses to the 2007-8 financial crisis and the COVID-19 pandemic. Understanding the case for true monetary rules is the first step toward creating more stable monetary institutions.

Download or read book Reflections of Eminent Economists written by Michael Szenberg and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'We are indebted to Michael Szenberg's persuasive powers in eliciting the self-analyses of economists . . . For these insights, the budding economist as well as the historian of thought should be grateful.' - From the foreword by Kenneth J. Arrow

Download or read book Slapped by the Invisible Hand written by Gary B. Gorton and published by Oxford University Press. This book was released on 2010-03-08 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally written for a conference of the Federal Reserve, Gary Gorton's "The Panic of 2007" garnered enormous attention and is considered by many to be the most convincing take on the recent economic meltdown. Now, in Slapped by the Invisible Hand, Gorton builds upon this seminal work, explaining how the securitized-banking system, the nexus of financial markets and instruments unknown to most people, stands at the heart of the financial crisis. Gorton shows that the Panic of 2007 was not so different from the Panics of 1907 or of 1893, except that, in 2007, most people had never heard of the markets that were involved, didn't know how they worked, or what their purposes were. Terms like subprime mortgage, asset-backed commercial paper conduit, structured investment vehicle, credit derivative, securitization, or repo market were meaningless. In this superb volume, Gorton makes all of this crystal clear. He shows that the securitized banking system is, in fact, a real banking system, allowing institutional investors and firms to make enormous, short-term deposits. But as any banking system, it was vulnerable to a panic. Indeed the events starting in August 2007 can best be understood not as a retail panic involving individuals, but as a wholesale panic involving institutions, where large financial firms "ran" on other financial firms, making the system insolvent. An authority on banking panics, Gorton is the ideal person to explain the financial calamity of 2007. Indeed, as the crisis unfolded, he was working inside an institution that played a central role in the collapse. Thus, this book presents the unparalleled and invaluable perspective of a top scholar who was also a key insider.

Download or read book Migration Policy in Crisis written by Ibrahim Sirkeci and published by Transnational Press London. This book was released on 2018-08-27 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Migration and challenges associated with human mobility are here to stay. We, as migration scholars, reiterate, rethink, reconsider what we do know and identify areas for further investigation constantly. Every year we get intrigued by volumes of research and scholarship presented at the Migration Conferences (TMC) since 2012. At the fifth conference in 2017 held at Harokopio University in Athens, about 400 papers were disseminated by researchers covering different aspects, approaches, methods, and takes on human mobility. This edited volume in hand here, although inspired and shaped by the contributions initially presented at the TMC 2017, is more than a conference proceedings book. The volume includes not only more experienced and distinguished academics but also new researchers committed to high quality scholarship in this field. “Migration has become an everyday topic in the last years, and the arrival of persons fleeing for their lives or human rights or in search of a better life has been deemed as a “crisis”. In reality, though, Politics are creating a crisis of protection. This book flashes out this scenario in Europe, pointing to the crisis of policies towards migrants in the EU. To face the challenges in the current international setting balancing the interests of States and the needs of human beings is essential. This requires analysis a commitment to being comprehensive, propositional and analytical and this book delivers this.” – Liliana Lyra Jubilut, Professor in International Law, Member of the IOM Migration Research Leaders’ Syndicate, Brazil “Whenever we hear the voices of irresponsible populists trying to destroy the European project, we should never forget that we live in and have to fight for an age of enlightenment. The volume at hand provides a superb reminder.” – Markus Kotzur, Chair of European and International Law and Vice Dean for Studies and Teaching, Universität Hamburg, Germany Contents Preface Markus Kotzur 3 INTRODUCTION Ibrahim Sirkeci, Emília Lana de Freitas Castro, Ülkü Sezgi Sözen. 5 HUMANITARIAN SECURITIZATION OF THE 2015 “MIGRATION CRISIS”: INVESTIGATING HUMANITARISM AND SECURITY IN THE EU POLICY FRAMES ON OPERATIONAL INVOLVEMENT IN THE MEDITERRANEAN Maciej Stępka. 9 RESTRICTION, PRAGMATIC LIBERALISATION, MODERNISATION: GERMANY’S MULTIFACETED RESPONSE TO THE “REFUGEE CRISIS” Axel Kreienbrink 31 COMMUNICATING REFUGEES AND HUMAN RIGHTS: THE GERMAN GOVERNMENT’S ASSESSMENT OF THE ROLE OF THE EUROPEAN COURT OF HUMAN RIGHTS Johanna C. Günther 53 SOLIDARITY VS. SOVEREIGNTY: PERSPECTIVE ON THE SLOVAK FOREIGN POLICY REACTIONS TO THE MIGRATION CRISIS Barbora Olejárová. 77 ASYLUM UNDER PRESSURE: INTERNATIONAL DETERRENCE AND ACCESS TO ASYLUM Vasiliki Kakosimou. 95 LEGAL AND CIRCULAR MIGRATION IN THE EUROPEAN UNION MOBILITY PARTNERSHIPS Katarzyna A. Morawska. 103 DEVELOPING THE UNDERSTANDING OF MIGRANT INTEGRATION IN THE EU: IMPLICATIONS FOR HOUSING PRACTICES Maria Psoinos and Orna Rosenfeld. 115 IMMIGRATION AND ELECTORAL SUPPORT FOR THE RADICAL RIGHT: EVIDENCE FROM DUTCH MUNICIPALITIES Panagiotis Chasapopoulos, Arjen van Witteloostuijn and Christophe Boone. 133