Foundations Of Real World Economics

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Foundations Of Real World Economics

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Author : John Komlos
language : en
Publisher: Taylor & Francis
Release Date : 2023-03-20

Foundations Of Real World Economics written by John Komlos and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-03-20 with Business & Economics categories.

The 2008 financial crisis, the rise of Trumpism, and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks remain frozen in time, continuing to uphold traditional policies as though nothing has happened. Foundations of Real-World Economics demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in mainstream models. Bringing together the work of key scholars like Kahneman, Minsky, and Schumpeter, this textbook takes into consideration the inefficiencies that arise when the perfectly competitive model is applied to the real world dominated by multinational oligopolies. The third edition has been updated throughout, bringing in new material on the financial crises, the rise of populism, racism, inequality, climate change, and the Covid-19 pandemic. A must-have for students studying the principles of economics as well as micro- and macroeconomics, this textbook redresses the existing imbalance in economic teaching as John Komlos focuses on the paradigm of humanistic economics.

Foundations Of Real World Economics

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Author : John Komlos
language : en
Publisher: Routledge
Release Date : 2019-01-11

Foundations Of Real World Economics written by John Komlos and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-11 with Business & Economics categories.

The 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization. This textbook demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in the mainstream models. Bringing together the work of key scholars, such as Kahneman, Minsky, and Schumpeter, this book demonstrates how we should take into account the inefficiencies that arise due to asymmetric information, mental biases, unequal distribution of wealth and power, and the manipulation of demand. This textbook offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists. A must-have for students studying the principles of economics as well as micro- and macroeconomics, this textbook redresses the existing imbalance in economic teaching. Instead of clinging to an ideology that only enriched the 1%, Komlos sketches the outline of a capitalism with a human face, an economy in which people live contented lives with dignity instead of focusing on GNP.

Economic Foundations For Finance

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Author : Thorsten Hens
language : en
Publisher: Springer Nature
Release Date : 2019-08-20

Economic Foundations For Finance written by Thorsten Hens and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-08-20 with Business & Economics categories.

This book provides readers with essential concepts from financial economics for an integrated study of the financial system and the real economy. It discusses how long-term market prices are determined and affected by population growth, technological progress and non-renewable resources. The meaning of market prices is examined from the perspective of households and from the perspective of firms. The book therefore connects different fields of finance, which usually focus only on either the households’ side or the firms’ side.

Institutional Foundations Of Public Finance

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Author : Alan J. Auerbach
language : en
Publisher: Harvard University Press
Release Date : 2008

Institutional Foundations Of Public Finance written by Alan J. Auerbach and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.

Auerbach integrates economic and legal perspectives on taxation and fiscal policy, offering a provocative assessment of the most important issues in public finance today.

Theoretical Foundations Of Law And Economics

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Author : Mark D. White
language : en
Publisher: Cambridge University Press
Release Date : 2008-12-22

Theoretical Foundations Of Law And Economics written by Mark D. White and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-12-22 with Law categories.

The economic approach to law, or 'law and economics', is by far the most successful application of basic economic principles to another scholarly field, but most of the critical appraisal of the field is scattered among law reviews and economics journals. Theoretical Foundations of Law and Economics provides an original, book-length examination of the methodology and philosophy of law and economics, featuring essays written by leading legal scholars, philosophers, and economists. The contributors take issue with many of the key tenets of the economic approach to law, such as its assumption of rational behavior, its reliance on market analogies, and its adoption of efficiency as the primary goal of legal decision making. They discuss the relevance of economics to the law in general, as well as to substantive areas of the law, such as contracts, torts, and crime.

Understanding The Culture Of Markets

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Author : Virgil Henry Storr
language : en
Publisher: Routledge
Release Date : 2013

Understanding The Culture Of Markets written by Virgil Henry Storr and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Business & Economics categories.

Contemporary Black American Cinema offers a fresh collection of essays on African American film, media, and visual culture in the era of global multiculturalism. Integrating theory, history, and criticism, the contributing authors deftly connect interdisciplinary perspectives from American studies, cinema studies, cultural studies, political science, media studies, and Queer theory. This multidisciplinary methodology expands the discursive and interpretive registers of film analysis. From Paul Robeson's and Sidney Poitier's star vehicles to Lee Daniels's directorial forays, these essays address the career legacies of film stars, examine various iterations of Blaxploitation and animation, question the comedic politics of "fat suit" films, and celebrate the innovation of avant-garde and experimental cinema.

Foundations Of Global Financial Markets And Institutions Fifth Edition

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Author : Frank J. Fabozzi
language : en
Publisher: MIT Press
Release Date : 2019-04-30

Foundations Of Global Financial Markets And Institutions Fifth Edition written by Frank J. Fabozzi and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-04-30 with Business & Economics categories.

A thoroughly revised and updated edition of a textbook for graduate students in finance, with new coverage of global financial institutions. This thoroughly revised and updated edition of a widely used textbook for graduate students in finance now provides expanded coverage of global financial institutions, with detailed comparisons of U.S. systems with non-U.S. systems. A focus on the actual practices of financial institutions prepares students for real-world problems. After an introduction to financial markets and market participants, including asset management firms, credit rating agencies, and investment banking firms, the book covers risks and asset pricing, with a new overview of risk; the structure of interest rates and interest rate and credit risks; the fundamentals of primary and secondary markets; government debt markets, with new material on non-U.S. sovereign debt markets; corporate funding markets, with new coverage of small and medium enterprises and entrepreneurial ventures; residential and commercial real estate markets; collective investment vehicles, in a chapter new to this edition; and financial derivatives, including financial futures and options, interest rate derivatives, foreign exchange derivatives, and credit risk transfer vehicles such as credit default swaps. Each chapter begins with learning objectives and ends with bullet point takeaways and questions.

The State Of Economics The State Of The World

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Author : Kaushik Basu
language : en
Publisher: MIT Press
Release Date : 2025-02-04

The State Of Economics The State Of The World written by Kaushik Basu and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-02-04 with Business & Economics categories.

Leading economists address the ongoing challenges to economics in theory and practice in a time of political and economic crises. More than a decade of financial crises, sovereign debt problems, political conflict, and rising xenophobia and protectionism has left the global economy unsettled and the ability of economics as a discipline to account for episodes of volatility uncertain. In this book, leading economists consider the state of their discipline in a world of ongoing economic and political crises. The book begins with three sweeping essays by Nobel laureates Kenneth Arrow (in one of his last published works), Amartya Sen, and Joseph Stiglitz that offer a summary of the theoretical foundations of modern economics—the twin pillars of general equilibrium theory and welfare economics. Contributors then turn to macroeconomic stabilization and growth and, finally, new areas of research that depart from traditional theory, methodology, and concerns: climate change, behavioral economics, and evolutionary game theory. The 2019 Nobel Prize laureates, Abhijit Banerjee, Esther Duflo, and Michael Kremer, contribute a paper on the use of randomized control trials indevelopment economics.

An Economist In The Real World

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Author : Kaushik Basu
language : en
Publisher: Penguin UK
Release Date : 2016-02-11

An Economist In The Real World written by Kaushik Basu and has been published by Penguin UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-02-11 with Literary Collections categories.

Appointed as the chief economic adviser (CEA) to the Government of India in 2009, Basu—a theorist, with special interest in development economics, and a professor of economics at Cornell University—discovered the complexity of applying economic models to the real world. Effective policymaking, Basu learned, integrates technical knowledge with political awareness. In this book, he describes the art of economic policymaking, viewed through the lens of his two and a half years as CEA.

The Foundations Of Economics

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Author : Walter Eucken
language : en
Publisher:
Release Date : 1992-03-20

The Foundations Of Economics written by Walter Eucken and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-03-20 with categories.

Walter Eucken s "The Foundations of Economics" (Grundlagen der National-konomie) is the classic work of German econo- mic literature in thepast 60 years. In particular, the book was of great importance for the economic order that developed in the Federal Republic of Germany after the Second World War and made Germany the leading economic power in Europe. Eucken places great emphasis on economic reality in his work. Taking everyday observations as his starting point, he attempts to infer complex connections. Eucken provides the reader not only with a comprehensive criticism of classical economics, but also in particular with an analysis of economic systems, economic order, and the course of economic events. As a consequence of the dramatic changes that have taken place in Eastern Europe, many states now find themselves facing problems similar to those faced by West Germany in its earliest days. Euckens considerations can be of assistance in the search for the correct concepts. This reprint of the English translation of Euckens book thus not only gives a broad readership renewed access to a classical work, but can be instrumental in supporting the transition to a market economy in many countries and in facilitating the search for good concepts.