Economics Versus Reality
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Economics Versus Reality
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Author : John Legge
language : en
Publisher: Routledge
Release Date : 2017-09-08
Economics Versus Reality written by John Legge and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-08 with Business & Economics categories.
John M. Legge shows the many ways in which the real world diverges from economics textbooks. He argues that mainstream economic theory took a disastrous turn 140 years ago, when it attempted to use calculus to explain human behaviour. A real economy involves people who are not variables in equations. This error led to a second, mainstream economics becoming obsessed with equilibrium. However, constant change is the reality and one cannot explain the present without understanding the path taken to get here. This book presents economics in historical context. It includes a short account of the contributions by some of the key figures in economic theory, starting with Adam Smith. Smith placed great weight on morality: he believed that economic activity took place in a society and could not be justified except insofar as it advanced the interests of that society. Too many economists have come to believe that the interests of society can be measured by a number: that if a policy change raises GDP it is justified, whatever its impact on people.Legge places the economy within society, and society within the environment, explaining that every significant decision has a social and environmental impact, as well as an economic dimension. Seeking to provide answers to students, professional business managers, and those interested in the political process, this work addresses the gap between theory and reality.
Economics Versus Reality
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Author : John M Legge
language : en
Publisher:
Release Date : 2017
Economics Versus Reality written by John M Legge and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with SOCIAL SCIENCE categories.
"John M. Legge shows the many ways in which the real world diverges from economics textbooks. He argues that mainstream economic theory took a disastrous turn 140 years ago, when it attempted to use calculus to explain human behaviour. A real economy involves people who are not variables in equations. This error led to a second, mainstream economics becoming obsessed with equilibrium. However, constant change is the reality and one cannot explain the present without understanding the path taken to get here.This book presents economics in historical context. It includes a short account of the contributions by some of the key figures in economic theory, starting with Adam Smith. Smith placed great weight on morality: he believed that economic activity took place in a society and could not be justified except insofar as it advanced the interests of that society.Too many economists have come to believe that the interests of society can be measured by a number: that if a policy change raises GDP it is justified, whatever its impact on people.Legge places the economy within society, and society within the environment, explaining that every significant decision has a social and environmental impact, as well as an economic dimension. Seeking to provide answers to students, professional business managers, and those interested in the political process, this work addresses the gap between theory and reality."--Provided by publisher.
Economic Theory Vs Economic Reality
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Author : Helmut Arndt
language : en
Publisher:
Release Date : 1984
Economic Theory Vs Economic Reality written by Helmut Arndt and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Business & Economics categories.
International Economic Negotiation
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Author : Viktor Aleksandrovich Kremenyuk
language : en
Publisher: Edward Elgar Publishing
Release Date : 2000-01-01
International Economic Negotiation written by Viktor Aleksandrovich Kremenyuk and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-01-01 with Business & Economics categories.
This book should be of interest to students and scholars of international economics, international business, management and game theory.
Economics And Reality
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Author : Tony Lawson
language : en
Publisher: Psychology Press
Release Date : 1997
Economics And Reality written by Tony Lawson and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
Discusses and critiques the current practice of economics.
Reaganomics
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Author : Frank Ackerman
language : en
Publisher: South End Press
Release Date : 1982
Reaganomics written by Frank Ackerman and has been published by South End Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Business & Economics categories.
The best guide yet to the practical aims and consequences of Reaganomics.--Philadelphia Enquirer
Reason And Reality In The Methodologies Of Economics
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Author : Glenn Fox
language : en
Publisher: Edward Elgar Publishing
Release Date : 1997
Reason And Reality In The Methodologies Of Economics written by Glenn Fox and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
An introduction to the major schools of thought in economics. Examines the scientific status of economics from the perspective of practicing economists, studying how economists evaluate theories, the relationship between theories and the phenomena they are supposed to represent, and the philosophy, methodology, and scientific credentials of economics. Surveys five influential schools of thought in the methodology of economics, and discusses the purposes of economic inquiry and legitimate sources of economic knowledge. For students and scholars of economics, philosophy, and economic methodology. Annotation copyrighted by Book News, Inc., Portland, OR
Adjusting To Reality
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Author : Robert E. Klitgaard
language : en
Publisher:
Release Date : 1993
Adjusting To Reality written by Robert E. Klitgaard and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Developing countries categories.
Theory And Reality In Financial Economics
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Author : George M. Frankfurter
language : en
Publisher: World Scientific
Release Date : 2007
Theory And Reality In Financial Economics written by George M. Frankfurter and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Business & Economics categories.
The current literature on financial economics is dominated by neoclassical dogma and, supposedly, the notion of value-neutrality. However, the failure of neoclassical economics to deal with real financial phenomena suggests that this might be too simplistic of an approach. This book consists of a collection of essays dealing with financial markets'' imperfections, and the inability of neoclassical economics to deal with such imperfections. Its central argument is that financial economics, as based on the tenets of neoclassical economics, cannot answer or solve the real-life problems that people face. It also shows the direct relationship between economics and politics OCo something that is usually denied in academic models, given that science is supposed to be value-neutral. In this thought-provoking and avant-garde book, the author not only exposes what has gone wrong, but also suggests reforms to both the academic and the political-economic systems that might help make markets fair rather than efficient. Drawing on interdisciplinary fields, this book will appeal to readers who are interested in finance, economics, business, the political economy and philosophy. Sample Chapter(s). Foreword (37 KB). Chapter 1: Method and Methodology (146 KB). Contents: Method and Methodology; What is All Efficiency?; Still Autistic Finance; The Young Finance Faculty''s Guide to Publishing; Prolific Authors in Finance; For-Profit Education: An Idea That Should be Put to Rest?; Weep Not for Microsoft: Monopoly''s Fatal Exception; The Socio-Economics of Scandals; Desperately Seeking Toto; And Now for Something Entirely Different; After the Ball; Capitalism or Industrial Fiefdom; The Theory of Fair Markets (TFM): Toward a New Finance Paradigm. Readership: Graduate students of finance; students of economics, economic methodology and philosophy of science."
Adjusting To Reality
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Author : Robert E. Klitgaard
language : en
Publisher:
Release Date : 1991
Adjusting To Reality written by Robert E. Klitgaard and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Business & Economics categories.
Bribes, tribes, and markets that fail... These three go hand in hand in countries struggling to switch from a state-controlled economy to the free market, according to Robert Klitgaard. More than fifty countries in Eastern Europe, Africa, Asia, and Latin America are attempting that switch--so-called structural adjustment. It's nothing less than a worldwide economic revolution, and now the time has come for Adjusting to Reality.