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Books > Business & Economics > Economics > Economic theory & philosophy
As the global economy continues to grow and change, issues
concerning sustainability practices have become more prevalent. The
implementation of efficient sustainability procedures offers
significant assistance in the development of modern economies.
Economic Modeling, Analysis, and Policy for Sustainability focuses
on interdisciplinary perspectives concerning the social,
environmental, and economic spheres of sustainability science.
Emphasizing economic models, as well as mitigation policies and
practices from various regions of the world, this book is a pivotal
reference source for researchers, policy makers, government
officials, and corporate leaders.
Following rapid economic growth in recent decades, Asia and the
Pacific experienced an impressive reduction in extreme poverty, but
this drop was not uniform and achievements are still incomplete.
Vulnerability to natural disasters, the increasing impact of
climate change and economic crises should all be taken into
account. There is also a need to consider the multidimensional
nature of poverty and the non-uniformity of the decrease across
different ethnic groups. This book explores the Asian 'poverty
miracle' and argues for the development and use of an Asia-specific
poverty line. This is a timely and multidimensional assessment of
the much neglected issues of, and links between, poverty,
vulnerability and ethnicity in Asia. It will be of great interest
to lecturers and researchers of Asian development and economics,
along with policymakers, public and private institutions, NGOs and
international aid agencies. Contributors include: V. Berenger, S.R.
Chakravarty, N. Chattopadhyay, T. Fujii, C. Gradin, L. Hohfeld, S.
Klasen, J. Silber, H. Waibel, G. Wan
The context for this book is the increasingly complex relationship
between economic theory and competition law which gives rise to
lively political and academic debate on the direction competition
law should take in a more global and innovation-oriented market
place. The authors adopt a comparative, research-orientated
approach, taking into account different situations in the US,
Europe, Japan and transition and developing countries. They
investigate the impact of economics on the objectives of
competition law in various fields - restrictive agreements,
unilateral restraints and merger control - and on the effectiveness
of enforcement in a given legal and judicial system. Economic
Theory and Competition Law is an insightful resource for law and
economics scholars. Legal practitioners in the field of competition
law will also value this book.
This volume is concerned with the different schools within the
discipline of economics (theoretical pluralism) and the
relationship of economics to other disciplines, such as sociology,
political science and philosophy (interdisciplinarity). It
addresses the important implications of pluralism and
interdisciplinarity for teaching economics at both undergraduate
and graduate level and argues that the economics curriculum should
pay equal attention to these new perspectives rather than
concentrate on the traditional neoclassical mainstream. The
distinguished contributors highlight the inherent challenges of
presenting a combination of mainstream economics with more
heterodox approaches in such a way that the student is not
confused, but better understands the possibilities and limitations
of different schools in economics. They go on to demonstrate how to
apply these different approaches and show how a more
inter-disciplinary approach can be followed once the boundaries of
the economics discipline have been reached. The volume attempts to
offer insights into the content of such a revised curriculum and
the process of how to achieve this. This book will be required
reading for every serious teacher and student of economics. It will
also be invaluable to anyone who questions the validity of current
economic orthodoxy.
David Colander has been writing about economic methodology for over
30 years. His pragmatic approach sees applied policy methodology as
rooted in what economists actually do, not in what methodologists
say they should do. It sees applied policy methodology as
constantly evolving as analytic and computational technology
changes, evolving far too fast to be subject to any rigid
scientific methodology. That problem is that economists generally
think of applied policy analysis as applied science. Colander
argues that using a scientific methodology to guide applied policy
undermines good policy analysis. Instead, he contends that
economists should use a much looser engineering methodology that
blends science, heuristics, inescapable moral judgments, and
creativity into what he calls the art and craft of economics. Here,
Huei-chun Su has selected seventeen of Colander's articles that
spell out and capture his arguments at various levels - some formal
academic articles dealing with cutting edge methodology, and some
more popular articles making the case for his approach. An original
introduction and annotated bibliography serve as excellent
resources for further exploring his arguments. Clear,
well-structured, and written in plain English with little jargon,
the book is approachable and suitable for anyone interested in the
current and future state of economics and the economics profession.
This includes students at any level as well as methodologists,
applied economists, historians and critics of modern economics.
A collection of one-on-one discussions with 40 of the world’s greatest thought and action leaders and prominent philanthropic figures.
THE BUSINESS OF PHILANTHROPY features diverse insights into the power of strategic philanthropy to inform, inspire and mobilise the next generation of social innovators in their pursuit of positive social and environmental impact.
In conversation with social entrepreneur Badr Jafar, philanthropic leaders including Bill Gates, Baroness Valerie Amos, Kristalina Georgieva, David Miliband, Razan Al Mubarak and many more discuss their hopes and priorities for the world of today and tomorrow. Their insights shed new light on the increasingly important role that strategic philanthropy is playing in helping to address some of the world’s greatest challenges.
In a world that is confronting a host of grave interconnected risks, this book reveals fresh perspectives on old and new problems, and provides a much-needed infusion of hope and optimism in our collective capacity to meet this historic moment.
This book reconsiders and analyses the different approaches
historically proposed in the literature on growth and distribution.
The contributors have achieved, through a comprehensive and
cohesive analysis of the approaches of different schools of
thought, a wide-ranging interpretation of a variety of important
economic phenomena. The book identifies elements characterising
each approach and tries to derive from them a range of insights
into the complexity of the growth process.Classical, Neoclassical
and Keynesian Views on Growth and Distribution is an original,
insightful and thought-provoking book which, it is intended, will
generate further research in the area of growth and income
distribution. The book will appeal to scholars and researchers at
many different levels of academe, and in many different schools of
thought, interested in the theory of economic growth and in the
analysis of the complexity of growth processes.
Tourism is the world's largest industry and its fastest growing
one. It has the potential to contribute significantly to the
economic development of most economies, including those of less
developed countries and peripheral economic regions. However, it
depends heavily on environmental conditions, natural and man-made,
for its market and its sustainability. This book analyzes market
and political failures in relation to tourism development and the
environment, and the implications of those for national gains from
international tourism, for public finance and policy, and for the
sustainability of tourism. Particular emphasis is placed on
ecotourism and the sustainable use of natural sites, methods of
evaluating the sustainability of tourism and the impacts of
pollution on tourism. Case studies cover both large and small
developing countries e.g. Bangladesh, Brazil, China, India and the
Maldives, as well as more developed economies. While some attention
is given to the evaluation of protected areas, most attention is
given to policies in terms of the sustainable recreational use of
such areas - examples include scuba diving and encounters of
tourists with whale sharks and sea turtles. This is a fascinating
book that will be of great use to a wide readership including
economists, environmentalists, geographers, tourism scholars and
professionals, as well as academics in development studies.
In his 'New Guide' to The General Theory, Mark G. Hayes presents
Keynes's illustrious work as a sophisticated Marshallian theory of
the competitive equilibrium of the economy as a whole. This unique
book takes full account of the nature of time and money and
illustrates that The General Theory remains highly relevant to the
teacher and advanced student of modern macroeconomics. The
Economics of Keynes introduces several interpretative innovations
to resolve many puzzles presented in the literature of the last 70
years. It is designed to be read in parallel with The General
Theory and will allow modern readers to find their bearings before
plunging into an in-depth analysis of major themes contained in The
General Theory. The key areas in which this 'New Guide' differs
from the familiar exposition of current macroeconomics textbooks
are also explicitly identified. The author reaches positive and
hopeful conclusions for the development of economic theory and
policy. Promoting a thorough understanding of the legitimate domain
of equilibrium analysis and a renewed commitment to the possibility
of genuinely full employment, this book will provide an
illuminating and fascinating read for anyone wishing to appreciate
fully the value of The General Theory. More specifically, academics
and advanced students of macroeconomics across the board -
classical, orthodox, Post Keynesian and heterodox - interested in a
fresh attempt to connect The General Theory with modern
macroeconomics will find this book to be the ideal tool.
Economics Confronts the Economy is a challenging and unorthodox
look at contemporary economic analysis. Philip Klein presents a
highly reasoned and yet personal view of the state of economics
today. While his views may be contentious to some, it is an
accessible book that will provoke discussion and debate to a wide
readership. Professor Klein begins with the assumption that the
basic function of economic theory is to provide a sound guide for
public policy in assisting society in defining what it means by
'economic progress'. In the words of Thorstein Veblen it involves
economic activity as explicit steps to be taken at any given time
to enable the economy to play its most effective role in 'enhancing
human life'. The book argues that modern mainstream economics is
failing in this task in terms of what it teaches young economists,
what it contributes to public policy debates and what it has done
to the field of economics. This book will have a wide audience
throughout the many and varied fields of economics including
heterodox economics, micro- and macroeconomics, history of economic
thought and economic policy.
In standard economic theory human beings are portrayed as selfish
money-maximizing actors. This book investigates the conditions
under which people deviate from this prediction and when they are
prepared to contribute to the common good in a more altruistic
fashion. Based on field experiments from charitable giving, Stephan
Meier analyses people's decisions to contribute to public goods. He
argues that people are more likely to contribute if their giving is
matched by more money - people are generous if their peers also
show this trait. He investigates the conditions under which people
are willing to voluntarily contribute and draws conclusions on how
the empirical findings influence economic theory and policy.
Academic economists interested in behavioural economics or public
economics will find The Economics of Non-selfish Behaviour of great
interest as will the general public interested in developments in
economics.
This fascinating sequel to the 1998 Teaching Economics to
Undergraduates provides more alternatives to the lecture and
chalkboard approach that dominates university economics teaching.
Distinguished contributing authors provide a wide range of
innovative teaching techniques and examples aimed at more
effectively engaging undergraduates in the learning of economics.
New topics covered in this volume include game theory, using active
learning techniques in large classes, a streamlined content agenda
for macroeconomic principles, distance learning, and assessment of
student learning. Other chapters revisit topics from the first
volume, though often from different perspectives or with new
approaches provided by different authors. Topics covered in these
chapters include cooperative learning techniques, using technology
in the classroom (including dozens of websites), bringing the work
of the Nobel Laureates into undergraduate classes, and teaching
with experimental economics, case studies, or team writing
assignments and presentations. Teaching Economics is an invaluable
and practical tool for teachers of economics, administrators
responsible for undergraduate instruction and graduate students who
are just beginning to teach. Each chapter includes specific
teaching tips for classroom implementation and summary lists of dos
and don'ts for instructors who are thinking of moving beyond the
lecture method of traditional chalk and talk.
In Crisis, Inequalities and Poverty, Schettino and Clementi provide
an empirical and theoretical analysis of the economic breakdown
that has characterised the last two decades of capitalist
development - from the Lehman collapse to the Covid-19 pandemic -
with a particular focus on the impact on poverty and inequality.
The book provides a materialist account of the current global
crisis of overproduction and looks at the link between capitalist
crisis and systemic inequity, making the case through detailed
quantification that the principal engine of these structural
phenomena is in fact the general law of accumulation of the
capitalist mode of production.
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