Law And The Invisible Hand
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Law And The Invisible Hand
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Author : Robin Paul Malloy
language : en
Publisher: Cambridge University Press
Release Date : 2021-11-18
Law And The Invisible Hand written by Robin Paul Malloy 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 2021-11-18 with Business & Economics categories.
Introduction : law's invisible hands -- Setting the stage -- Social organization in the informal realm -- Social organization in the formal realm -- Integrating the informal and formal in Smith's theory -- The spectator view -- Judgment and justice -- The sentiment of common interest -- The impartial spectator, homo-economicus, and homo-identitas -- Understanding the four stages of progress -- Adam Smith in American law -- Parting thoughts.
Invisible Hands Invisible Objectives
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Author : Stephen F. Befort
language : en
Publisher: Stanford University Press
Release Date : 2009-06-01
Invisible Hands Invisible Objectives written by Stephen F. Befort and has been published by Stanford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-06-01 with Business & Economics categories.
The global financial crisis and recession have placed great strains on the free market ideology that has emphasized economic objectives and unregulated markets. The balance of economic and noneconomic goals is under the microscope in every sector of the economy. It is time to re-think the objectives of the employment relationship and the underlying assumptions of how that relationship operates. Invisible Hands, Invisible Objectives develops a fresh, holistic framework to fundamentally reexamine U.S. workplace regulation. A new scorecard for workplace law and public policy that embraces equity and voice for employees and economic efficiency will reveals significant deficiencies in our current practices. To create one, the authors—a legal scholar and an economics and industrial relations scholar—blend their expertise to propose a comprehensive set of reforms, tackling such issues as regulatory enforcement, portable employee benefits, training programs, living wages, workplace safety and health, work-family balance, security and social safety nets, nondiscrimination, good-cause dismissal, balanced income distributions, free speech protections for employees, individual and collective workplace decision-making, and labor unions. Invisible Hands, Invisible Objectives is not just another book that sketches a reform agenda. The book provides the much-needed rubric for how we think about employment policy specifically, but also economic policy more generally. It is a must-read in these most critical times.
The Invisible Hand
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Author : John Eatwell
language : en
Publisher: Springer
Release Date : 1989-11-01
The Invisible Hand written by John Eatwell and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-11-01 with Business & Economics categories.
This is an excerpt from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This extract concentrates on the theory of the invisible hand.
The Hand Behind The Invisible Hand
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Author : Mittermaier, Karl
language : en
Publisher: Bristol University Press
Release Date : 2020-07-22
The Hand Behind The Invisible Hand written by Mittermaier, Karl and has been published by Bristol University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-22 with Business & Economics categories.
Available Open Access under CC-BY-NC-ND Made famous by the Enlightenment thinker Adam Smith, the concept of an ‘invisible hand’ might be taken to imply that a government that governs least governs the best, from the viewpoint of society. Here an invisible hand appears to represent unfettered market forces. Drawing from this much-contested notion, Mittermaier indicates why such a view represents only one side of the story and distinguishes between what he calls pragmatic and dogmatic free marketeers. Published posthumously, with new contributions by Daniel Klein, Rod O’Donnell and Christopher Torr, this book outlines Mittermaier’s main thesis and his relevance for ongoing debates within economics, politics, sociology and philosophy.
The Grabbing Hand
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Author : Andrei Shleifer
language : en
Publisher: Harvard University Press
Release Date : 1998
The Grabbing Hand written by Andrei Shleifer 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 1998 with Business & Economics categories.
In many countries, public sector institutions impose heavy burdens on economic life. As a consequence of predatory policies, entrepreneurship lingers and economies stagnate. The authors of this collection describe many of these pathologies of a "grabbing hand" government, and examine their consequences for growth.
The Invisible Hand
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Author : Bas van Bavel
language : en
Publisher: Oxford University Press
Release Date : 2016-06-24
The Invisible Hand written by Bas van Bavel and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-24 with Business & Economics categories.
The Invisible Hand offers a radical departure from the conventional wisdom of economists and economic historians, by showing that 'factor markets' and the economies dominated by them — the market economies — are not modern, but have existed at various times in the past. They rise, stagnate, and decline; and consist of very different combinations of institutions embedded in very different societies. These market economies create flexibility and high mobility in the exchange of land, labour, and capital, and initially they generate economic growth, although they also build on existing social structures, as well as existing exchange and allocation systems. The dynamism that results from the rise of factor markets leads to the rise of new market elites who accumulate land and capital, and use wage labour extensively to make their wealth profitable. In the long term, this creates social polarization and a decline of average welfare. As these new elites gradually translate their economic wealth into political leverage, it also creates institutional sclerosis, and finally makes these markets stagnate or decline again. This process is analysed across the three major, pre-industrial examples of successful market economies in western Eurasia: Iraq in the early Middle Ages, Italy in the high Middle Ages, and the Low Countries in the late Middle Ages and the early modern period, and then parallels drawn to England and the United States in the modern period. These areas successively saw a rapid rise of factor markets and the associated dynamism, followed by stagnation, which enables an in-depth investigation of the causes and results of this process.
Beyond The Invisible Hand
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Author : Kaushik Basu
language : en
Publisher: Penguin UK
Release Date : 2011-03-10
Beyond The Invisible Hand 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 2011-03-10 with Literary Collections categories.
An impassioned and sharply nuanced critique of mainstream economics from one of India's leading economist One of the central tenets of economics is that, given certain conditions, self-interested behavior by individuals leads them to the social good, almost as if orchestrated by an invisible hand. However, over the past two centuries, this proposition first put forth by Adam Smith has been taken out of context, contorted, and used as the cornerstone of free-market orthodoxy. In Beyond the Invisible Hand, Kaushik Basu lays bare the implications of this gross misrepresentation of Smith's theory which, he argues, has resulted in hampering our understanding of how economies function, why some economies fail and some succeed, and what the nature and role of state intervention might be. Comparing this view of the invisible hand to the vision described by Kafka-in which individuals pursuing their atomistic interests, devoid of moral compunction, end up creating a world that is mean and miserable-Basu calls for collective action and the need to shift our focus from the efficient society to one that is also fair. As Basu pointedly reminds us, by ignoring the role of culture and custom, traditional economics promotes the view that the current system is the only viable one, thereby only serving the interests of those who do well by this system. Beyond the Invisible Hand challenges readers to fundamentally rethink the assumptions underlying modern economic thought and proves that a more equitable society is both possible and sustainable, and hence worth striving for.
Adam Smith S Political Philosophy
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Author : Craig Smith
language : en
Publisher: Routledge
Release Date : 2006-01-16
Adam Smith S Political Philosophy written by Craig Smith and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-01-16 with Philosophy categories.
When Adam Smith published his celebrated writings on economics and moral philosophy he famously referred to the operation of an 'invisible hand'. Adam Smith’s Political Philosophy makes visible this hand by examining its significance in Smith’s political philosophy and relating it to similar concepts used by other philosophers, thus revealing a distinctive approach to social theory that stresses the importance of the unintended consequences of human action. The first book to examine the history of Smith’s political philosophy from this perspective, this work introduces greater conceptual clarity to the discussion of the invisible hand and the related notion of unintended order in the work of Smith, as well as in political theory more generally. By examining the application of spontaneous order ideas in the work of Smith, Hume, Hayek and Popper, this important volume traces similarities in approach, and from these constructs a conceptual, composite model of an invisible hand argument. While setting out a clear framework of the idea of spontaneous order, the book also builds the case for using this as an explanatory social theory, with chapters on its application in the fields of science, moral philosophy, law and government.
An Inquiry Into The Nature And Causes Of The Wealth Of Nations
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Author : Adam Smith
language : en
Publisher:
Release Date : 1822
An Inquiry Into The Nature And Causes Of The Wealth Of Nations written by Adam Smith and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1822 with Economics categories.
Between Hobbes Leviathan And Smith S Invisible Hand
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Author : Vincent Willem Buskens
language : en
Publisher:
Release Date : 2011
Between Hobbes Leviathan And Smith S Invisible Hand written by Vincent Willem Buskens and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Business & Economics categories.
Why are transactions involving trust managed in very different ways? In this inaugural lecture - delivered on the acceptance of the Chair of Empirical Legal Studies at the Erasmus School of Law, Erasmus University Rotterdam - Professor Vincent Buskens shows that contracts and other forms of regulation used in trust situations vary and depend on economic, psychological, social, and legal aspects of the transaction. The research on trust is used to demonstrate why legal scholars need to incorporate an interdisciplinary behavioral approach. Such an approach is necessary to reach a better understanding of the effects of changes in regulation on behavior of actors affected by the regulation. In addition, Buskens discusses research methods to obtain empirical evidence about effects of changes in regulation. (Series: Civilology | Civilologie - Vol. 1)