Download or read book Widen the Market Narrow the Competition written by Daniel Mügge and published by ECPR Press. This book was released on 2010-09-01 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: EU capital markets have changed radically over the past 20 years. In the 1980s, countries had their own financial industries and rules. Now there is one 'Champions League' of banks, and member states have transferred crucial regulatory powers to Brussels. Drawing on policy documents and more than fifty in-depth interviews, Widen the Market, Narrow the Competition argues that financial industry interests have been key to this power shift. Continental banks initially feared a single European market, and governments followed their protectionist impulses. In the 1990s the mood changed, and the likes of ABN AMRO and Deutsche Bank rushed into international investment banking. They emerged as the crucial lobby for the supranational governance in place today. Linked by the interests of centrally placed firms, EU financial integration and supranational governance have been two sides of the same coin. At the same time, national parliaments and ordinary citizens have been pushed to the sidelines.
Download or read book Adam Smith written by John Cunningham Wood and published by Taylor & Francis. This book was released on 1993 with total page 872 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first series of Smith "Critical Assessments" included major articles on Adam Smith and set a new standard for Smith scholarship. However, the years since its publication have seen further developments in the vast field of work on this leading economist. "Adam Smith: Critical Assessments--Second Series" completes the project of the earlier volumes by making available the many significant articles which have appeared during the past decade. It will be an invaluable reference for scholars of Smith. Together, the two series provide those interested in the history of contemporary economics with immediate access to the intellectual legacy of one of the world's greatest economic theorists.
Download or read book Widen the Market Narrow the Competition written by Daniel Mügge and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Works of Adam Smith The nature and causes of the wealth of nations written by Adam Smith and published by . This book was released on 1812 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Widen the Market Narrow the Competition written by Daniel Kolja Mügge and published by . This book was released on 2008 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Firm the Market and the Law written by R. H. Coase and published by University of Chicago Press. This book was released on 2012-06-15 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few other economists have been read and cited as often as R.H. Coase has been, even though, as he admits, "most economists have a different way of looking at economic problems and do not share my conception of the nature of our subject." Coase's particular interest has been that part of economic theory that deals with firms, industries, and markets—what is known as price theory or microeconomics. He has always urged his fellow economists to examine the foundations on which their theory exists, and this volume collects some of his classic articles probing those very foundations. "The Nature of the Firm" (1937) introduced the then-revolutionary concept of transaction costs into economic theory. "The Problem of Social Cost" (1960) further developed this concept, emphasizing the effect of the law on the working of the economic system. The remaining papers and new introductory essay clarify and extend Coarse's arguments and address his critics. "These essays bear rereading. Coase's careful attention to actual institutions not only offers deep insight into economics but also provides the best argument for Coase's methodological position. The clarity of the exposition and the elegance of the style also make them a pleasure to read and a model worthy of emulation."—Lewis A. Kornhauser, Journal of Economic Literature Ronald H. Coase was awarded the Nobel Prize in Economic Science in 1991.
Download or read book Pioneers of Industrial Organization written by H. W. de Jong and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . this collection should be viewed as a pioneering effort. . . this book would most likely serve as a useful quick reference source for students of industrial economics. It can also serve as a valuable point of departure for those who wish to study intellectual developments in a major field in more detail. John Howard Brown, Journal of the History of Economic Thought This work will be indispensable for anyone who undertakes serious scholarly research in industrial organization. With its knowledgeable authors and editors, this book offers us valuable materials, about the work of writers long forgotten and others inadequately recognized, that can contribute much to understanding in the field. William J. Baumol, New York University and Princeton University, US This encyclopaedic work celebrates the scores of leading pioneers who created the modern economic field of industrial organization, at the heart of which lie competition and monopoly, the two great forces that drive modern markets. Their pioneering work has shaped the field s growing research as well as the past, present and future debates in Europe and America over several centuries. This landmark book includes authoritative entries on all the major figures in both Europe and North America. Pioneers of Industrial Organization also reveals how public policies such as antitrust and regulation and deregulation since the 1970s can promote, or impede economic results and progress. Readers will find the intellectual pioneers, the theories and policies, and the debates, in all their variety herein. Some pioneers have been free-market advocates, others have been more protective of popular values, but all have strained to make the economic engine promote more wealth, progress and fairness. This book presents the people, ideas and debates with careful neutrality, and also with clear, concise writing. For all those interested in modern economic progress and its problems, this book provides deep insight as well as great personal colour. It will be an essential source of reference for students, researchers and professors of economics, as well as those concerned with the historical foundations or the conceptual and thematic developments in industrial organization.
Download or read book Adam Smith and Modernity written by Alberto Burgio and published by Taylor & Francis. This book was released on 2023-03-20 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume features 19 original chapters on Adam Smith’s conception of modernity. The contributions demonstrate the relevance of Smith as the great interpreter of modernity 250 years after the publication of The Wealth of Nations. The chapters in Part 1 focus on structural aspects of Smith’s work. They cover topics such as Smith as the theorist of a spontaneous order, the systematic dimension of Smith’s theoretical construction, and Smith’s role as a historian of economic thought. Part 2 addresses Smith’s conception of modern subjectivity between Lectures on Rhetoric and Belles-Lettres, Theory of Moral Sentiments, and Wealth of Nations. Here the contributors consider the figure of the Smithian "merchant" and the importance of ridicule and satire for understanding modern civility, and comment on the role of sympathy, imagination, and moral judgement in developing a sense of self, the condition of the modern man in society, and the virtue of self-command. Part 3 focuses on the crucial question of the relationship between ethics and economics discussing the link between efficiency, equity and justice, the nature of Smith's theory of value, and the ethical connotation of Smith's critique. Part 4 deals with topics inherent to the functional dynamics and development process of the Smithian "commercial society." These topics include law and authority, the relationship between work and freedom, the parable of the "poor man's son," and the economic and political consequences of the new secular orthodoxy. Finally, the chapters in Part 5 explore themes related to history and the Smithian idea of progress. They focus on the link between trade and progress of civilization, Smith’s modern sociological vision of mass commercial societies, Smith's judgement on “savage” and premodern societies, and the controversial question of the immanentistic or providentialist perspective from which Smith considers both the social dynamics and the historical process. Adam Smith and Modernity will appeal to scholars and advanced students on 18th-century philosophy, the history of economic thought, and the history of social and political philosophy.
Download or read book An Inquiry Into the Nature and Causes of the Wealth of Nations written by A. Smith and published by Рипол Классик. This book was released on with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Knowledge Problems of European Financial Market Integration written by Troels Krarup and published by Taylor & Francis. This book was released on 2023-08-18 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the creation of the euro and a European Central Bank, the European Union has persistently pursued financial market integration throughout periods of economic growth, membership enlargements, financial breakdown, and political crisis. While traditionally analysed in terms of clashing ideological orientations and strategic political interests, this book presents a novel and empirically grounded perspective on the issues around financial market integration by approaching them in terms of the knowledge problems that actors face. Drawing on European legal texts, policy documents and interviews with regulators, central bankers, and financial market professionals, this book is rich in empirical detail which reveals a close-knit set of knowledge problems, or paradoxes, of ‘the market’. These paradoxes are irreducible to a particular political ideology or national interests because they are rooted in the conceptual structure of the European treaties. Moreover, while these knowledge problems present themselves as uncertainties, tensions, and conflicts in practice, they also echo persistent conceptual and theoretical controversies in the field of economics. Indeed, this book demonstrates how ‘the market’ is adopted from economic theory into European treaty law, resulting in central bankers and regulators struggling with knowledge problems and conflicts paralleling classic debates in the academic discipline. This book will be of significant interest to political economists working on European economic integration and money and finance as well as readers of heterodox economics, economic sociology, and political and social theory more broadly.
Download or read book Machines Bodies and Invisible Hands written by Stefano Fiori and published by Springer Nature. This book was released on 2021-10-23 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: What was Adam Smith’s intellectual laboratory? How did his economic theory take shape? Were his metaphors of order only residual and ornamental expressions? This book answers these questions by analyzing the formation of the concepts of market and social order in Adam Smith’s work, by considering various aspects of his approach. It analyzes how metaphors and pre-analytical concepts influenced Smith’s theory. In line with studies that deal with the cognitive role of metaphors in science, this book suggests that in Smith’s work metaphors provided a framework, on which basis the theory subsequently developed. Therefore, as such they were part of that intellectual process which made possible the formation of structured concepts. The content and scope of the book permits a more comprehensive interpretation of Smith’s thought, in which many aspects of his work are taken into consideration in order to explain a crucial problem for Smith: the nature and causes of social and economic order. The book also shows that in general, formation of theories is a complex process that includes pre-analytical views as non-residual parts of inquiry.
Download or read book Politics and Capital written by John Attanasio and published by Oxford University Press. This book was released on 2018-03-09 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about good government-especially ethical and fair government. Using both theoretical methods and practical political analysis, John Attanasio shows how recent Supreme Court decisions and campaign finance regulations map onto a pernicious and growing inequality in America. He puts forward a novel solution grounded in a new principle of personal autonomy. Looking at the transformation of wealth and political influence in America, this book demonstrates that the defining campaign finance cases such as Buckley v. Valeo and Citizens United have created a new constitutional arrangement that correlates with the dramatic rise in U.S. wealth and income inequality since the 1970s. The book goes on to show that this distorted income allocation has adversely affected demand, which may be spawning American economic stagnation. The solution Attanasio proposes is the principle of "distributive autonomy," sharply contrasting it with the individualism of modern libertarian ideas, which have given rise to the radical inequality that reduces, rather than enhances, autonomy. Good governance must be centrally concerned with the distribution of freedom for all: if my autonomy matters, so does yours. Valuing the autonomy of others is authentic autonomy. Distributive autonomy is necessary to ensure that participatory democracy retains its truly democratic elements, which may be a necessary condition for long-term, prosperous capitalism. A profound synthesis of theory and practice, Politics and Capital is crucial to understanding the ominous political and economic problems besetting twenty-first century America.
Download or read book The Wealth of Nations written by Adam Smith and published by Harriman House Limited. This book was released on 2010-08-27 with total page 662 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Wealth of Nations is a treasured classic of political economy. First published in March of 1776, Adam Smith wrote the book to influence a special audience - the British Parliament - and its arguments in the early spring of that year pressed for peace and cooperation with Britain's colonies rather than war. Smith's message was that economic exploitation, through the monopoly trade of empire, stifled wealth-creation in both home and foreign lands. Moreover, protectionism preserved the status quo, and privileged a few elites at the expense of long run growth. Smith wrote, "It is the industry which is carried on for the benefit of the rich and the powerful that is principally encouraged by our mercantile system. That which is carried on for the benefit of the poor and the indigent is too often either neglected or oppressed." This edition, based on the classic Cannan version of the text, includes a foreword by George Osborne MP and an introduction by Jonathan B. Wight, University of Richmond, which aims to place the work in a business context. Wight also provides an invaluable 'Notable Quotes' section where he extracts and categorises some of the most famous and pertinent sections of Smith's work. This classic work is as essential today as it was when it first written.
Download or read book With Liberty and Dividends for All written by Peter Barnes and published by Berrett-Koehler Publishers. This book was released on 2014-08-04 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: Peter Barnes argues that because of globalization, automation, and winner-take-all capitalism, there won’t be enough high-paying jobs to sustain America’s middle class in the future. Therefore, to survive economically, our middle class needs—and deserves—a supplementary source of nonlabor income. To meet this need, Barnes proposes to give every American a share of the wealth we own together— starting with our air and financial infrastructure. These shares would pay dividends of several thousand dollars per year—money that wouldn’t be welfare or wealth redistribution but legitimate property income.
Download or read book Essay on the Expediency and Practicability of Improving Or Creating Home Markets written by George Tibbits and published by . This book was released on 1827 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Crisis in the European Monetary Union written by Giuseppe Celi and published by Routledge. This book was released on 2017-12-22 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: After decades of economic integration and EU enlargement, the economic geography of Europe has shifted, with new peripheries emerging and the core showing signs of fragmentation. This book examines the paths of the core and peripheral countries, with a focus on their diverse productive capabilities and their interdependence. Crisis in the European Monetary Union: A Core-Periphery Perspective provides a new framework for analysing the economic crisis that has shaken the Eurozone countries. Its analysis goes beyond the short-term, to study the medium and long-term relations between ‘core’ countries (particularly Germany) and Southern European ‘peripheral’ countries. The authors argue that long-term sustainability means assigning the state a key role in guiding investment, which in turn implies industrial policies geared towards diversifying, innovating and strengthening the economic structures of peripheral countries to help them thrive. Offering a fresh angle on the European crisis, this volume will appeal to students, academics and policymakers interested in the past, present and future construction of Europe.
Download or read book The New Intergovernmentalism written by Christopher J. Bickerton and published by OUP Oxford. This book was released on 2015-07-16 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: The twenty years since the signing of the Maastricht Treaty have been marked by an integration paradox: although the scope of European Union (EU) activity has increased at an unprecedented pace, this increase has largely taken place in the absence of significant new transfers of power to supranational institutions along traditional lines. Conventional theories of European integration struggle to explain this paradox because they equate integration with the empowerment of specific supranational institutions under the traditional Community method. New governance scholars, meanwhile, have not filled this intellectual void, preferring instead to focus on specific deviations from the Community method rather than theorizing about the evolving nature of the European project. The New Intergovernmentalism challenges established assumptions about how member states behave, what supranational institutions want, and where the dividing line between high and low politics is located, and develops a new theoretical framework known as the new intergovernmentalism. The fifteen chapters in this volume by leading political scientists, political economists, and legal scholars explore the scope and limits of the new intergovernmentalism as a theory of post-Maastricht integration and draw conclusions about the profound state of political disequilibrium in which the EU operates. This book is of relevance to EU specialists seeking new ways of thinking about European integration and policy-making, and general readers who wish to understand what has happened to the EU in the two troubled decades since 1992.
