Institutions Technology And Circular And Cumulative Causation In Economics
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Institutions Technology And Circular And Cumulative Causation In Economics
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Author : Henning Schwardt
language : en
Publisher: Springer
Release Date : 2013-09-03
Institutions Technology And Circular And Cumulative Causation In Economics written by Henning Schwardt and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-09-03 with Business & Economics categories.
The book investigates the relation between technology and institutions and their mutual influence during processes of development and change and illustrates this on the development process in Argentina after 1946. General and case-study specific policy recommendations are offered.
The Foundations Of Non Equilibrium Economics
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Author : Sebastian Berger
language : en
Publisher: Routledge
Release Date : 2009-09-10
The Foundations Of Non Equilibrium Economics written by Sebastian Berger and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-09-10 with Business & Economics categories.
This thought-provoking volume seeks to answer some of the ultimate economic questions in terms of a theory that emerged with Adam Smith and is now come to full fruition; the principle of circular and cumulative causation (CCC) This full-fledged theoretical framework explains the whole interplay of technology, firms, resources, culture, institutions and economic policy to understand the basic drives behind modern day economic dynamics.
The Foundations Of Institutional Economics
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Author : K. William Kapp
language : en
Publisher: Routledge
Release Date : 2012-05-23
The Foundations Of Institutional Economics written by K. William Kapp and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-05-23 with Business & Economics categories.
This is a ground-breaking book about the foundations of institutional economics. K. William Kapp presents the economic role of institutions for economic development, capital formation and technological dynamics in an easily accessible and comprehensive manner. As a front-rank 20th century institutional economist, Kapp pulls together arguments from a variety of sources, including Thorstein Veblen, John Kenneth Galbraith and Gunnar Myrdal, all of which emphasize the crucial role of institutions. The author cements institutional economics as a distinct and coherent framework of analysis to effectively address urgent socio-economic problems, such as environmental disruption and sustainable development. This book begins with a critique of conventional (neoclassical) economics and an overview of the antecedents of institutional economics. The core of the book is formed by the chapters on institutions, human economic behavior and needs, arguing that institutional change is key to directing economic development towards sustainable and adequate living conditions, rather than merely formal growth formulas. The final chapters provide the reader with the institutional theories of capital and technology, showing how capital formation and technological dynamics are determined by institutions, such as the principle of investment for profit. The appendix complements Kapp’s plea for institutional change with articles on science and technology, social costs, substantive economics, and circular and cumulative causation. This book is suited for readers at all levels who are interested in institutional economics, the history of economics thought, political economics as well as ecological and heterodox economics. Researchers and students will find it to be an easily accessible and a concise elaboration on the foundations of institutional economics.
Main Currents In Cumulative Causation
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Author : Phillip Toner
language : en
Publisher: MacMillan
Release Date : 1999-01-01
Main Currents In Cumulative Causation written by Phillip Toner and has been published by MacMillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-01-01 with Classical school of economics categories.
This is a study of the theory of circular and cumulative causation. This theory is concerned with the general dynamics of growth and development in advanced industrial economies and developing nations. The book features a detailed analysis of the theory's core concepts, including increasing returns, external economies, complementarity in production and consumption, and technological change. It also provides a detailed account of the historical development of the concept and identifies and assesses the major contributions of the chief figures in this tradition.
Policy Implications Of Recent Advances In Evolutionary And Institutional Economics
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Author : Claudius Grabner
language : en
Publisher: Routledge
Release Date : 2016-05-12
Policy Implications Of Recent Advances In Evolutionary And Institutional Economics written by Claudius Grabner and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-12 with Business & Economics categories.
This collection is inspired by the coming retirement of Professor Wolfram Elsner. It presents cutting-edge economic research relevant to economic policies and policy-making, placing a strong focus on innovative perspectives. In a changing world that has been shaken by economic, social, financial, and ecological crises, it becomes increasingly clear that new approaches to economics are needed for both theoretical and empirical research; for applied economics as well as policy advice. At this point, it seems necessary to develop new methods, to reconsider theoretical foundations and especially to take into account the theoretical alternatives that have been advocated within the field of economics for many years. This collection seeks to accomplish this by including institutionalist, evolutionary, complexity, and other innovative perspectives. It thereby creates a unique selection of methodological and empirical approaches ranging from game theory to economic dynamics to empirical and historical-theoretical analyses. The interested reader will find careful reconsiderations of the historical development of institutional and evolutionary theories, enlightening theoretical contributions, interdisciplinary ideas, as well as insightful applications. The collection serves to highlight the common ground and the synergies between the various approaches and thereby to contribute to an emerging coherent framework of alternative theories in economics. This book is of interest to those who study political economy, economic theory and philosophy, as well as economic policy.
Principles Of Institutional And Evolutionary Political Economy
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Author : Phillip Anthony O’Hara
language : en
Publisher: Springer Nature
Release Date : 2022-08-29
Principles Of Institutional And Evolutionary Political Economy written by Phillip Anthony O’Hara and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-08-29 with Political Science categories.
This is the very first book to explicitly both detail the core general principles of institutional and evolutionary political economy and also apply the principles to current world problems such as the coronavirus crisis, climate change, corruption, AI-Robotics, policy-governance, money and financial instability, terrorism, AIDS-HIV and the nurturance gap. No other book has ever detailed explicitly such core principles and concepts nor ever applied them explicitly to numerous current major problems. The core general principles and concepts in this book, which are outlined and detailed include historical specificity & evolution; hegemony & uneven development; circular & cumulative causation; heterogeneous groups & agents; contradiction & creative destruction; uncertainty; innovation; and policy & governance. This book details the nature of how these principles and concepts can be used to explain current critical issues and problems throughout the world. This book includes updated chapters that have won two journal research Article of the Year Awards on climate change (one from the European Association for Evolutionary Political Economy, EAEPE); as well as a Presidential address to the Association for Evolutionary Economics (AFEE) on corruption. The structure of the book starts with two chapters on the principles of institutional and evolutionary political economy: firstly their history, and secondly a chapter on the contemporary nature of the principles and concepts. This is followed by nine chapters applying some of the core principles to current world problems such as the coronacrisis, climate change, corruption, AI-robotics, policy, money & financial instability, terrorism, HIV-AIDS and the nurturance gap. The book finishes with a conclusion, a glossary of major terms and an index. The author’s principles are well established in the literature and this book provides a detailed exposition of them and their application.
Advancing The Frontiers Of Heterodox Economics
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Author : Tae-Hee Jo
language : en
Publisher: Routledge
Release Date : 2015-07-30
Advancing The Frontiers Of Heterodox Economics written by Tae-Hee Jo and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-30 with Business & Economics categories.
This collection of essays honors the life and work of one of the most prominent and fervent heterodox economists, Frederic S. Lee, who has been at the heart of the heterodox economics movements for the past three decades. Authors in this book demonstrate that heterodox economic has transcended the criticism of mainstream economics and, more importantly, that constructive developments are in the making by way of cross-communications among various heterodox economics traditions. Frederic S. Lee’s contributions to heterodox economics are centered on three themes: the making of a history and identity of heterodox economics, heterodox microeconomics, and the heterodox analysis of social provisioning. Part I addresses the importance of history, theory, research methods, and institutions in the making of the identity of heterodox economics as an alternative to mainstream economics. Part II delves into heterodox microeconomic theories—in particular, investment, pricing, competition, markets, and market governance—as foundations of heterodox macroeconomic analyses. Part III expands the analysis of the capitalist social provisioning process with an emphasis on its subsystems and their relationships over historical time. Part IV encapsulates the life and work of Frederic S. Lee. Throughout his intellectual life Frederic S. Lee has shown to many that the development of heterodox economics is rendered possible by unselfish and ceaseless efforts to build both theory and institutions. Essays in this book attest that establishing an alternative critical theory to the status quo is not only possible but also serviceable to the majority of the population.
The Foundations Of Evolutionary Institutional Economics
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Author : Manuel Scholz-Wackerle
language : en
Publisher: Routledge
Release Date : 2013-08-15
The Foundations Of Evolutionary Institutional Economics written by Manuel Scholz-Wackerle and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-08-15 with Business & Economics categories.
Generic institutionalism offers a new perspective on institutional economic change within an evolutionary framework. The institutional landscape shapes the social fabric and economic organization in manifold ways. The book elaborates on the ubiquity of such institutional forms with regards to their emergence, durability and exit in social agency-structure relations. Thereby institutions are considered as social learning environments changing the knowledge base of the economy along generic rule-sets in non-nomological ways from within. Specific attention is given to a theoretical structuring of the topic in ontology, heuristics and methodology. Part I introduces a generic naturalistic ontology by comparing prevalent ontological claims in evolutionary economics and preparing them for a broader pluralist and interdisciplinary discourse. Part II reconsiders these ontological claims and confronts it with prevalent heuristics, conceptualizations and projections of institutional change. In this respect the book revisits the institutional economic thought of Thorstein Veblen, Friedrich August von Hayek, Joseph Alois Schumpeter and Pierre Bourdieu. A synthesis is suggested in an application of the generic rule-based approach. Part III discusses the implementation of rule-based bottom-up models of institutional change and provides a basic prototype agent-based computational simulation. The evolution of power relations plays an important role in the programming of real-life communication networks. This notion characterizes the discussed policy realms (Part IV) of ecological and financial sustainability as tremendously complex areas of institutional change in political economy, leading to the concluding topic of democracy in practice. The novelty of this approach is given by its modular theoretical structure. It turns out that institutional change is carried substantially by affective social orders in contrast to rational orders as communicated in orthodox economic realms. The characteristics of affective orders are derived theoretically from intersections between ontology and heuristics, where interdependencies between instinct, cognition, rationality, reason, social practice, habit, routine or disposition are essential for the embodiment of knowledge. This kind of research indicates new generic directions to study social learning in particular and institutional evolution in general.
The Institutional Economics Of Water
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Author : R. Maria Saleth
language : en
Publisher: World Bank Publications
Release Date : 2004-01-01
The Institutional Economics Of Water written by R. Maria Saleth and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-01-01 with Nature categories.
This publication examines issues of water sector reform and performance from the perspectives of institutional economics and political economic studies. The authors develop an alternative quantitative assessment methodology based on the principle of 'institutional ecology', as well as data collected from 127 water experts from 43 countries and regions around the world using a cross-country review of recent water sector reforms within an institutional transaction cost framework.
Institutions And Evolution Of Capitalism
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Author : Francesca Gagliardi
language : en
Publisher: Edward Elgar Publishing
Release Date : 2019
Institutions And Evolution Of Capitalism written by Francesca Gagliardi 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 2019 with Business & Economics categories.
In just over 30 years, Geoff Hodgson has made substantial contributions to institutional economics, evolutionary economics, economic methodology, the history of economic thought and social theory. To mark his seminal work, this volume brings together original contributions by world-leading scholars in specific areas that have played a significant role in influencing his thinking or represent key debates to which he has contributed. Building on some of the most significant philosophical and methodological foundations underlying Hodgson's work, the volume is organised around the recurring themes of institutions, evolution and capitalism.