The Economics Of Excess
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The Economics Of Excess
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Author : Harold Winter
language : en
Publisher: Stanford University Press
Release Date : 2011-08-16
The Economics Of Excess written by Harold Winter 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 2011-08-16 with Political Science categories.
The Economics of Excess discusses both standard and behavioral economics as they apply to addiction, indulgence, and social policy. Chapter One provides a thorough discussion of economic models of addiction. The model developed in most detail takes into account both standard and behavioral approaches. The next three chapters examine specific indulgences: smoking, drinking, and overeating. The heart of this book is its comprehensive discussion of what is often referred to as the "new paternalism." Many economists are now challenging the more traditional belief that, unless they are harming others, people should be left to their own indulgences. As more and more economists are arguing for policies that are designed to protect people from themselves, this book offers a serious, yet accessible, discussion of the pros and cons of such interventions. Written in an approachable style, this book will serve researchers who are new to the economics of addiction and students in a variety of economics and policy courses alike.
Luxury Fever
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Author : Robert H. Frank
language : en
Publisher: Simon and Schuster
Release Date : 2001-04-02
Luxury Fever written by Robert H. Frank and has been published by Simon and Schuster this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-04-02 with Social Science categories.
A new luxury fever has America in its grip. Independent of stock prices, recessions, and inflation rates, the past two decades have witnessed a spectacular and uninterrupted rise in luxury consumption. Ordinary, functional goods are no longer acceptable. Our cars have gotten larger, heavier, and far more expensive. Mansions larger than 30,000 square feet no longer seem extravagant. Wristwatches for the super-rich cost tens of thousands of dollars. We are living in an era of excess. Consider: The average house built in the United States today is nearly twice as large as its counterpart from the 1950s. Even as houses have gotten more expensive and farther from the workplace, there has been a sharp increase in second-home ownership. The average price of an automobile sold in the United States now exceeds $22,000, up more than 75 percent from a decade ago. Total U.S. spending on luxury goods increased 21 percent between 1995 and 1996 (typical of recent years), while overall merchandise sales increased only 5 percent. Robert Frank caused a national debate in 1995 when he and co-author Philip Cook described the poisonous spread of "winner-take-all" markets. Now he takes a thought-provoking look at the flip side of spreading inequality: as the super-rich set the pace, everyone else spends furiously in a competitive echo of wastefulness. The costs are enormous: We spend more time at work, leaving less time for family and friends, less time for exercise. Most of us have been forced to save less and spend and borrow much more. The annual rate at which American families file for personal bankruptcy has grown to one in seventy. Budgetary pressures have reduced our willingness to fund even essential public services: Our food and water are increasingly contaminated. Potholes proliferate, and traffic delays double every ten years. Frank offers the first comprehensive and accessible summary of scientific evidence that our spending choices are not making us as happy and healthy as they could. Furthermore, he argues that human frailty is not at fault. The good news is that we can do something about it. We can make it harder for the super-rich to overspend, and capture our own competitive energy for the public good. Luxury Fever boldly offers a way to curb the excess and restore the true value of money.
The Vice Of Luxury
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Author : David Cloutier
language : en
Publisher: Georgetown University Press
Release Date : 2015-12-01
The Vice Of Luxury written by David Cloutier and has been published by Georgetown University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-01 with Religion categories.
Luxury. The word alone conjures up visions of attractive, desirable lifestyle choices, yet luxury also faces criticism as a moral vice harmful to both the self and society. Engaging ideas from business, marketing, and economics, The Vice of Luxury takes on the challenging task of naming how much is too much in today's consumer-oriented society. David Cloutier’s critique goes to the heart of a fundamental contradiction. Though overconsumption and materialism make us uneasy, they also seem inevitable in advanced economies. Current studies of economic ethics focus on the structural problems of poverty, of international trade, of workers' rights—but rarely, if ever, do such studies speak directly to the excesses of the wealthy, including the middle classes of advanced economies. Cloutier proposes a new approach to economic ethics that focuses attention on our everyday economic choices. He shows why luxury is a problem, explains how to identify what counts as the vice of luxury today, and develops an ethic of consumption that is grounded in Christian moral convictions.
Economic Surplus
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Author : Fouad Sabry
language : en
Publisher: One Billion Knowledgeable
Release Date : 2024-04-07
Economic Surplus written by Fouad Sabry and has been published by One Billion Knowledgeable this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-04-07 with Business & Economics categories.
What is Economic Surplus In conventional economics, the term "economic surplus," which is often referred to as "total welfare," "total social welfare," or "Maryland surplus," refers to one of two values that are related to one another:Consumer surplus, also known as consumers' surplus, refers to the monetary benefit that consumers acquire as a result of being able to purchase a product at a price that is lower than the highest price that they would be willing to pay for that commodity.The amount of money that producers make when they sell their goods at a market price that is greater than the lowest price at which they would be willing to sell them is known as the producer surplus, sometimes known as the producers' surplus. This amount is essentially equivalent to the term "profit." How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Economic surplus Chapter 2: Monopoly Chapter 3: Perfect competition Chapter 4: Supply and demand Chapter 5: Effect of taxes and subsidies on price Chapter 6: Deadweight loss Chapter 7: Price discrimination Chapter 8: Profit maximization Chapter 9: Elasticity (economics) Chapter 10: Economic equilibrium Chapter 11: Allocative efficiency Chapter 12: Price elasticity of supply Chapter 13: Demand curve Chapter 14: Marginal revenue Chapter 15: Price floor Chapter 16: Tax wedge Chapter 17: Tax incidence Chapter 18: Demand Chapter 19: Supply (economics) Chapter 20: Excess supply Chapter 21: Cost-of-living index (II) Answering the public top questions about economic surplus. (III) Real world examples for the usage of economic surplus in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Economic Surplus.
The Economics Of Market Disequilibrium
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Author : Jean-Pascal Bénassy
language : en
Publisher:
Release Date : 1982
The Economics Of Market Disequilibrium written by Jean-Pascal Bénassy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Business & Economics categories.
Microeconomics; Market equilibrium and disequilib rium; Disequilibrium trading and quantity signals; Effective demand: A first approach; Effective demand and spillover effects; Price making; Non-Walrasian equilibrium concepts; The general framework; Fixprice equilibria; Expectations and temporary fixprice equilibria; Temporary equilibria with price makers; Efficiency; Macroeconomics; A model of unemployment; Unemployment and expectations; A model of unemployment with flexible price; A model of inflation.
The Economic Surplus In Advanced Economies
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Author : John Bryan Davis
language : en
Publisher:
Release Date : 1992
The Economic Surplus In Advanced Economies written by John Bryan Davis and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Capitalism categories.
The theory of monopoly capital is central to adequate analysis of accumulation and stagnation in advanced capitalist economies. This text presents recent discussions of monopoly capitalism to emphasize the centrality and vitality of this tradition in the modern political economy.
Excess Burden Of Taxation
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Author : Fouad Sabry
language : en
Publisher: One Billion Knowledgeable
Release Date : 2024-02-03
Excess Burden Of Taxation written by Fouad Sabry and has been published by One Billion Knowledgeable this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-02-03 with Business & Economics categories.
What is Excess Burden of Taxation When it comes to economics, one of the economic losses that society endures as a consequence of taxes or subsidies is the weight of taxation that amounts to an excessive amount. According to the theoretical framework of economics, distortions alter the quantity and kind of economic behavior in comparison to what would take place in a free market in the absence of the tax. It is possible to determine the extent of excess burdens by employing either the average cost of funds or the marginal cost of funds (MCF). It was Adam Smith who first brought up the topic of excessive burdens. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Excess burden of taxation Chapter 2: Tax Chapter 3: Deadweight loss Chapter 4: Index of economics articles Chapter 5: Supply-side economics Chapter 6: Tax reform Chapter 7: Pigouvian tax Chapter 8: Sin tax Chapter 9: Tax competition Chapter 10: Proportional tax Chapter 11: Tax incidence Chapter 12: Arnold Harberger Chapter 13: Tax incentive Chapter 14: Tax policy Chapter 15: Market distortion Chapter 16: Optimal tax Chapter 17: Tax efficiency Chapter 18: Marginal cost of public funds Chapter 19: Laffer curve Chapter 20: OneTax Chapter 21: Optimal capital income taxation (II) Answering the public top questions about excess burden of taxation. (III) Real world examples for the usage of excess burden of taxation in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Excess Burden of Taxation.
Dynamism Rivalry And The Surplus Economy
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Author : János Kornai
language : en
Publisher: Oxford University Press
Release Date : 2014
Dynamism Rivalry And The Surplus Economy written by János Kornai 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 2014 with Business & Economics categories.
In this book, János Kornai examines capitalism as an economic system and in comparison to socialism. The two essays of this book will explore these differing ideologies on macro and micro levels, ending with definitive explanations of how the systems work and how they develop.
The Economics Of Repressed Inflation
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Author : H.K. Charlesworth
language : en
Publisher: Routledge
Release Date : 2013-11-05
The Economics Of Repressed Inflation written by H.K. Charlesworth and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-05 with Business & Economics categories.
'It provides the best complete discussion I know of the economics of repressed inflation' F.W. Paish. The Economics of Repressed Inflation is a micro-economic analysis of the effects of a partially controlled inflation in a peacetime economy. This analysis suggests that the combination of inflationary pressures and the control of consumption has economic effects on the price level and on the distribution of resources which may be as serious for the economy as the more widely recognized effects of an uncontrolled inflation.
The Economics Of Industrial Society
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Author : Michio Morishima
language : en
Publisher: Cambridge University Press
Release Date : 1984
The Economics Of Industrial Society written by Michio Morishima 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 1984 with Business & Economics categories.
Offers new ways of understanding the economic problems of industrialized countries, providing an effective critique of current economic theories and developing an original model of the economics (neoclassical, Marxist, Keynesian) of modern industrial society.