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Books > Business & Economics > Economics > Economic theory & philosophy

Equitable Rural Socioeconomic Change - Land, Climate Dynamics, Technological Innovation (Paperback): Peter T. Jacobs Equitable Rural Socioeconomic Change - Land, Climate Dynamics, Technological Innovation (Paperback)
Peter T. Jacobs
R280 R219 Discovery Miles 2 190 Save R61 (22%) Ships in 5 - 10 working days

With more and more global economic wealth and power resting with fewer and fewer people, and given the acute land inequalities in the rural areas of Africa, Latin America, and Asia, how valid are the dominant theories about the nature of rural livelihoods? How can the intricacies of the economic and social transformations that are unfolding in the rural areas of developing countries best be understood? The authors of Equitable Rural Socioeconomic Change address these questions as they explore the interrelated themes of land inequality, climate dynamics, and technological innovation across varied rural landscapes, primarily in South Africa, but also in Rwanda, and Brazil.

Milano Papers - Essays in Societal Alternatives (Paperback): Michele Cangiani, Marguerite Mendell Milano Papers - Essays in Societal Alternatives (Paperback)
Michele Cangiani, Marguerite Mendell; Michele Cangiani
R356 Discovery Miles 3 560 Ships in 12 - 17 working days

For an increasing number of international scholars and researchers, the work of Karl Polanyi -- for example, The Great Transformation (1944) -- has been a source of inspiration in assessing current conditions and building renewed perspectives and methodologies. In detailed analyses of current socio-economic trends from all over the globe, the writers of this collection of essays -- on a variety of themes, given at the Third International Karl Polanyi conference, in Milan -- propose new concepts for economic analysis in the wake of the collapse of "communism".

Cost Control, College Access, and Competition in Higher Education (Hardcover): Robert E. Martin Cost Control, College Access, and Competition in Higher Education (Hardcover)
Robert E. Martin
R3,203 Discovery Miles 32 030 Ships in 12 - 17 working days

Quality has never been more important for the future of higher education and the economy than it is today. Unfortunately, the decline in student quality is accompanied by costs that are out of control, a governance system that will not permit any reallocation of resources, and a society that expects higher education to address problems that are well beyond its core competencies. In this timely volume, Robert E. Martin presents a thorough treatment of the social contract between those who fund higher education and those who benefit from it. In-depth discussions include: * the institution's role as steward of the higher education social contract * the role of transaction costs, risk bearing, production technology, and asset ownership in determining the internal structure of the institution * the market for academic charities * price, quality, and advertising competition in higher education. Formal models of production and cost, optimal fundraising, the maximization of academic reputation, agency behavior, and the student's enrollment decision are also presented and analyzed. Cost Control, College Access, and Competition in Higher Education will be of great interest to higher education researchers and administrators, economists, and public policymakers.

Mute Compulsion - A Marxist Theory of the Economic Power of Capital (Paperback): Soren Mau Mute Compulsion - A Marxist Theory of the Economic Power of Capital (Paperback)
Soren Mau
R772 R619 Discovery Miles 6 190 Save R153 (20%) Ships in 10 - 15 working days

Despite insoluble contradictions, intense volatility and fierce resistance, the crisis-ridden capitalism of the 21st century lingers on. To understand capital's paradoxical expansion and entrenchment amidst crisis and unrest, Mute Compulsionoffers a novel theory of the historically unique forms of abstract and impersonal power set in motion by the subjection of social life to the profit imperative. Building on a critical reconstruction of Karl Marx's unfinished critique of political economy and a wide range of contemporary Marxist theory, philosopher Soren Mau sets out to explain how the logic of capital tightens its stranglehold on the life of society by constantly remoulding the material conditions of social reproduction. In the course of doing so, Mau intervenes in classical and contemporary debates about the value form, crisis theory, biopolitics, social reproduction, humanism, logistics, agriculture, metabolism, the body, competition, technology and relative surplus populations.

What's Wrong with Keynesian Economic Theory? (Hardcover): Steven Kates What's Wrong with Keynesian Economic Theory? (Hardcover)
Steven Kates
R3,298 Discovery Miles 32 980 Ships in 12 - 17 working days

One of the most striking phenomena in all of economics is the absence of a deep tradition of criticism focused on Keynesian economic theory. There have been critics but they are few and far between, even though Keynesian demand management has been at the centre of some of the worst economic outcomes in history, from the great stagflation of the 1970s to the twenty-year 'lost decade' in Japan that has been ongoing since the 1990s, and now, once again, the dismal recoveries that have followed the Global Financial Crisis. This book brings together some of the most vocal critics of Keynesian economics of the present time. Each author attempts to explain what is wrong with Keynesian theory for those seeking guidance on where to turn for a more accurate explanation of the business cycle and what to do when recessions occur. The contributions are by scholars from a wide number of schools of economics, include but are not restricted to Austrian, monetarist and classical perspectives. Written not just for economists, this accessible book is one of the few anti-Keynesian texts available and explains the inability of public spending and lower interest rates to have restored robust economic growth and full employment after the GFC. The collection offers an antidote to contemporary macroeconomic theory. It is an essential text for anyone wishing to understand why no stimulus has been able to bring recovery to any economy in which it has been tried. Contributors include: P.Boettke, P.L. Bylund, T. Congdon, R.M. Ebeling, R.W. Garrison, S. Horwitz, S. Kates, A. Kling, A.B. Laffer, P. Newman, G. Reisman, D. Simpson, M. Skousen, P. Smith

The Foundations of Austrian Economics from Menger to Mises - A Critico-Historical Retrospective of Subjectivism (Hardcover):... The Foundations of Austrian Economics from Menger to Mises - A Critico-Historical Retrospective of Subjectivism (Hardcover)
Allen Oakley
R3,307 Discovery Miles 33 070 Ships in 12 - 17 working days

This landmark book presents a critical study of the Austrian subjectivism of Menger and Mises and assesses their contribution in the light of contemporary philosophy of the human sciences.Allen Oakley lays emphasis on the subjectivism of Menger and Mises as the foundation of Austrian economics. By situating their work in the context of the philosophies of the human sciences evolving around them, he shows how these founders of the modern Austrian tradition failed to fully appreciate and to adopt the more penetrating subjectivism of their contemporaries. He argues that, as a result, they left their successors an incomplete and ambiguous metatheoretical legacy. For historians of economic thought and for economic philosophers and methodologists the book provides a critical study of a fundamental theme of Austrian economics that is still the subject of controversy today.

Recent Developments in the Economics of Information (Hardcover): Cristiano Antonelli Recent Developments in the Economics of Information (Hardcover)
Cristiano Antonelli
R10,397 Discovery Miles 103 970 Ships in 12 - 17 working days

This volume presents a compilation of key papers chronicling the evolution of the economics of information into the economics of knowledge. It traces the unfolding of the fertile ambiguity and ambivalence of the notion of information with the identification and eventual separation of its two basic, quite distinct meanings: knowledge and signals. It documents the progressive understanding that it is not only necessary to search, screen and understand signals, but also to assess and select them so as to distinguish between true, false and fake ones. The capability to process signals and transform them into actual information stems from the stock of competence and knowledge that individuals and organizations possess and mobilize. The success of information economics paves the way to the economics of knowledge and this review will be an indispensable research tool for all those working and studying in the field.

Globalisation? Internationalisation and Monopoly Capitalism - Historical Processes and Capitalist Dynamism (Hardcover): Bob... Globalisation? Internationalisation and Monopoly Capitalism - Historical Processes and Capitalist Dynamism (Hardcover)
Bob Milward
R2,852 Discovery Miles 28 520 Ships in 12 - 17 working days

This book acts as a welcome foil to current thinking on the concept of globalisation, which tends to be divided into two distinct camps: one which suggests that the neo-liberal model has triumphed and has no realistic alternative, and another which argues that globalisation, in its most extreme form, does not really exist, rather having evolved gradually from the very beginnings of industrialisation. Bob Milward presents an alternative view of globalisation and argues that indeed there has been a continuum in capitalist development, but that this has been forged by historical processes and the dynamism of the competitive forces of capitalism. He identifies the emergence of monopoly capitalism as an important shaping factor, and in so doing sheds light on issues of underdevelopment, multinational imperialism and crises in advanced capitalist economies. This radical, multidisciplinary account of the condition of the global economy, encompassing a critique of the neo-liberal foundations of orthodox global analysis, will appeal to an extensive audience. Students, researchers and academics in the fields of economics, heterodox economics, economic geography, politics, sociology, development studies, international relations and public policy will find Globalisation? Internationalisation and Monopoly Capitalism to be an engaging read.

The International Monetary System and the Theory of Monetary Systems (Hardcover): Pascal Salin The International Monetary System and the Theory of Monetary Systems (Hardcover)
Pascal Salin
R3,144 Discovery Miles 31 440 Ships in 12 - 17 working days

Monetary problems are important and widely debated, but the complexity of the international monetary system and the disparate systems that make it up gives rise to many fallacies about the inner workings of these systems. When shared by those who decide economic and monetary policies, these fallacies can have damaging consequences. This book provides a rigorous and approachable analysis of these systems and consequences, providing the keys to untangling and understanding their mechanisms and influence. A clear understanding of the working of monetary systems becomes an indispensable decision-making tool when it comes to pressing questions about reform and issues of global debate such as whether a country should join (or leave) the Eurozone or attempts to cure the so-called 'balance of payments problems'. Starting from basic concepts, Pascal Salin progressively builds upon his analysis of monetary systems in a coherent and easily readable way, drawing on the most reliable theoretical contributions from research and giving examples of lessons that can be drawn from this rigorous examination of topics including devaluations, fixed and flexible exchange rates, monetary integration, monetary crises, monetary policy, and more. His clear, orderly style pares down accumulated details and theories to leave a concise and usable toolkit for analysis and action. This book makes it possible for anyone, starting from scratch, to come to a comprehensive understanding of the working of monetary systems. Students and scholars in economics as well as policy makers and practitioners will find this lucid volume an important resource and reference, as it provides intellectual instruments to evaluate the working of any monetary system.

How Markets Work and Fail, and What to Make of Them (Paperback): Bart Nooteboom How Markets Work and Fail, and What to Make of Them (Paperback)
Bart Nooteboom
R991 Discovery Miles 9 910 Ships in 12 - 17 working days

This book provides a scathing antidote to the standard propositions made by economists about how wonderful market organization is. At the same time the criticism is balanced and recognizes well the advantages of market organization for certain kinds of goods and services. Bart Nooteboom is one of the broadest, and sharpest, social scientists writing today, and this book is vintage Nooteboom' - Richard R. Nelson, Columbia University, USIn this thought-provoking book, Bart Nooteboom offers a radical critique of the principal intellectual and moral assumptions underlying economic science, unravelling the notion of markets: how they work and fail, and how they may be redirected to better serve us. Initially, the inadequacy of economic science in the wake of recent financial and economic crises is outlined. Few economists predicted the crises and subsequent economic thought has been nebulous, failing to apprize guidance, understanding and prevention for the future. Established practices in finance and business continue regardless, and confusion has bred among policy makers, the public, and even economists on what markets actually are. Bart Nooteboom employs an Aristotelian virtue ethic, with a view to multiple dimensions of 'the good life', upturning the utilitarian ethic that dominates economic science and modern politics. The critique makes a corrective-turn, transforming economic thought into an integrative, ethical and interdisciplinary behavioral science of markets. Nooteboom's interdisciplinary approach makes this book an appealing read to economists, sociologists and political scientists with an interest in market processes. People concerned about how markets are developing and policy makers will welcome this topical work to gain fresh insights into collaborative and ethical market policy. This timely book will vitalize debate about markets, what they do and how they may work better. Contents: 1. Introduction 2. Foundations of markets 3. How markets work and fail 4. Variety of industries 5. Hybrids and examples 6. Alternatives Index

Restatement of Economic Liberation (Paperback): Samuel Brittan Restatement of Economic Liberation (Paperback)
Samuel Brittan
R145 Discovery Miles 1 450 Ships in 12 - 17 working days
The Routledge International Handbook of Economic Sociology (Hardcover): Milan Zafirovski The Routledge International Handbook of Economic Sociology (Hardcover)
Milan Zafirovski
R5,741 Discovery Miles 57 410 Ships in 9 - 15 working days

This handbook presents a systematic and comprehensive overview of economic sociology, an exemplary interdisciplinary field which draws on theoretical frameworks and empirical findings from both economics and sociology to present a unique lens on the interdependence of the economy and society. The handbook is arranged in four parts which together present the current state-of-the-art of economic sociology as well as pointing toward future directions for research. The first part outlines the theoretical foundations of economic sociology and its relations to other fields, particularly with regard to other alternative approaches to economics, and looks at conceptions and definitions of economic sociology vary. The second part provides an overview of the historical development of economic sociology from classical political economy to the present day. The third part explores the main problematics of economic sociology, analyzing the economy in relation to particular social institutions, the state, ideology, culture and art, religion, gender, race/ethnicity, and more. The fourth part focuses on the principal branches including sociology of the market, industrial organization and work, uncertainty, distribution and inequality, money and finance, and the environment. The stellar international cast of contributors is drawn from both economics and sociology, therefore presenting a holistic view of the field and contributing to a rejuvenation of economic sociology within economics. It is an indispensable reference work for researchers and students across a broad range of sociological and economic disciplines.

Exemplary Economists, II - Volume II: Europe, Asia and Australasia (Hardcover): Roger E. Backhouse, Roger Middleton Exemplary Economists, II - Volume II: Europe, Asia and Australasia (Hardcover)
Roger E. Backhouse, Roger Middleton
R4,401 Discovery Miles 44 010 Ships in 12 - 17 working days

These volumes gather together a selection of autobiographical essays written by significant economists whose work is generally recognized to be at the forefront of the discipline as we enter the twenty-first century. The essays are largely based on introductions to volumes in the Edward Elgar series Economists of the Twentieth Century (which collects together the key papers of these economists). This volume focuses on leading economists who were born, or have spent the greater part of their lives, in Europe, Asia and Australasia. The main chapters are accompanied by an introduction in which the editors place the autobiographical essays in a wider context. Economists will be fascinated by: * the stories that lie behind familiar names * why economists approach problems the way they do * how careers develop * how economists view what they are doing. These are all points that are invisible to those who simply read the published output of economics, so readers will gain personal insights into the development of the field. The books will be a valuable resource for economists, particularly historians of economic thought, as well as sociologists concerned with the economics profession, and those interested in the creative process and the social and scientific development of economics.

Competition Policy - History, Theory and Practice (Hardcover): Manfred Neumann Competition Policy - History, Theory and Practice (Hardcover)
Manfred Neumann
R3,006 Discovery Miles 30 060 Ships in 12 - 17 working days

Given the increase in large scale mergers throughout the world, this book addresses the growing problem of restricted competition through collusion and the perennial debate surrounding the use of government subsidies for industries to further national interests. The aims of the book are threefold; firstly, to elucidate the antecedents of competition policy in the US and Europe and to demonstrate how far a convergence of principles has developed. Secondly, to outline the theory of industrial organisation as a major tool to devise an appropriate policy, and thirdly, to discuss the practice of competition policy in the US, individual European countries and the EC as a whole, in terms of collusion, mergers and vertical restraints. Manfred Neumann comprehensively explores the economic arguments that justify the need for competition policy. He considers the historical development of competition policy and the relationship between competition policy and the objectives of governmental policy as a whole. In conclusion, he argues that competition policy should be regarded as a constituent part of economic and social policy. This enlightening and comprehensive book will be of great value to students, researchers and practitioners of law, corporate strategy and industrial and political economics.

The Failure of the Free Market and Democracy - And What to Do About It (Hardcover, Main): Daniel Ritter The Failure of the Free Market and Democracy - And What to Do About It (Hardcover, Main)
Daniel Ritter 1
R660 R626 Discovery Miles 6 260 Save R34 (5%) Ships in 12 - 17 working days

In this wide-ranging but accessible overview, economist Daniel Ritter examines the changing circumstances that have led to the economic decline of the West and the rise of populism. He looks at the effects of globalisation and how increasing mechanisation has fuelled discontent, the collapse of existing communities, and a sense of disenfranchisement. The fault, he argues, lies not with advances in technology, or a lack of growth, but in rising inequality and an over-reliance on the free market. Examining the West's situation in a global context, both in relation to the rise of China and the ascendancy of private interest groups, he claims that the free market has failed, and with it representative democracy, arguing that we must 'update our very notions of work and reward' if we are to survive the current crisis. Informed, lucid and strongly argued, Ritter's compelling analysis is a must-read for anyone concerned to discover the origins of our current economic and political malaise, and its possible solutions.

Economics Without the Boring Bits (Paperback): Tejvan Pettinger Economics Without the Boring Bits (Paperback)
Tejvan Pettinger
R392 R325 Discovery Miles 3 250 Save R67 (17%) Ships in 10 - 15 working days

Where does wealth come from? How is it different from money? Does government intervention prevent or create crises? What is the most effective way to protect the environment? In Economics Without the Boring Bits, Oxford-trained economist Tejvan Pettinger takes readers on an enlightening tour of the powerful, counter-intuitive and frequently startling insights of economic research, showing us that middlemen are good, recycling is bad (sometimes) and why some people get rich and others don't. This clear, compelling and engaging book breathes life into big concepts such as debt, finance, trade, money, taxation, supply, demand and all the other economic issues that worry us all yet relatively few truly understand. This is your guide to understanding economics - without the boring bits.

Collected Works, Pt. 1 - Capital (Hardcover): Karl Marx, Friedrich Engels Collected Works, Pt. 1 - Capital (Hardcover)
Karl Marx, Friedrich Engels
R1,512 Discovery Miles 15 120 Ships in 12 - 17 working days

Part of "The Collected Works" series, this book is the first volume of Karl Marx's famous text on the economies of capitalism, "Capital". The translation is based on the Moore and Aveling translation of 1887, but has been revised and supplemented with extensive notes. Aiming to become the definitive English-language edition of the "Collected Works" in 50 volumes, the series will eventually contain all the works of Marx and Engels, whether published in their lifetimes or since, including their complete correspondence and newly discovered works. Almost every volume contains published material published for the first time in English. The edition is organized into three main groups: philosophical, historical, political, economic and other works in chronological order; Marx's "Capital" with his preliminary versions, and works directly connected with it; and letters of Marx and Engels.

The Economics of Services - Microfoundations, Development and Policy, Second Edition (Paperback, 2nd edition): Jan Owen Jansson The Economics of Services - Microfoundations, Development and Policy, Second Edition (Paperback, 2nd edition)
Jan Owen Jansson
R1,184 Discovery Miles 11 840 Ships in 12 - 17 working days

Acclaim for the first edition:'This is a well-written, provocative book, featuring much new material, original data analyses and interesting insights. Despite the proliferation of books on various aspects of services, there is nothing quite like it around. In particular, examination of the challenges that the growth of services presents to conventional economics is very valuable.' - Ian Miles, University of Manchester, UK 'This is an intriguing book that contains many interesting ways of conceptualising service from the perspective of economics. It makes a number of important contributions to the academic literature. It is one of the very few books and it might even be the only book to be written by an economist on the economics of services - it is thus a pioneer work and is of value in that it attempts to bring together the work that economists have done on services.' - John Bryson, University of Birmingham, UK Despite the fact that services have overtaken industry in terms of employment and GDP in developed countries, rigorous economic study of the service sector remains seriously neglected. The first edition of The Economics of Services initiated a redress of this oversight. Fully revised and updated, the second edition of this highly acclaimed textbook should be required complimentary reading to mainstream microeconomics textbooks for graduate students of economics and for advanced courses in labor, urban and regional economics, economic geography and economic history. The text emphasizes the distinction between intermediate producer services and final consumer services. Many of the former are traded in global markets much like material goods in general, whilst the markets for consumer services are markedly local. This requires quite different micro-foundations in each case. Other key issues explored include the productivity development and quality of service measurements, as well as the key role of urbanization for service sector growth. The critical issues for the future of the real economy, beyond the financial crisis, are also analyzed in depth. The author illustrates how a better understanding of the nature of the service economy is necessary for policy innovation, with a view to regenerating the welfare state. Contents: Preface Foreword to the Second Edition Part I: The Service Economy in Perspective 1. Two Approaches to Service Sector Definition and Measurement 2. Merit Goods Part II: Microeconomic Foundations 3. Production Cost of Non-storable Goods 4. Distribution Costs of Non-transportable Goods 5. The Basic Trade-off and the Resulting Market Areas 6. Market Forms and Competition 7. Supply and Demand at the System Level 8. Welfare Economics 1: Towards A-Efficiency 9. Welfare Economics 2: Towards X-Efficency Part III: Urbanisation and Service Sector Development 10. Unprecedented Rise in the Standard of Living 11. Structural Change of the Economy 12. Urban Service Industries Before the Private Car 13. Mass Motoring, Enlargement of Service Markets and Urban Sprawl 14. Towards Sustainability of the Service Sector Part IV: Public Policy Towards Services 15. Trust in Economic Growth Cannot Replace Allocation Policy 16. Is Cost Benefit Analysis the Answer? 17. Towards Social Balance 18. Increased Employment for Absolute Want Satisfaction 19. The Financial Challenge 20. Summary and Conclusions References Index

The Economic Institutions of Higher Education - Economic Theories of University Behavior (Hardcover): J. P. Raines, Charles G.... The Economic Institutions of Higher Education - Economic Theories of University Behavior (Hardcover)
J. P. Raines, Charles G. Leathers
R3,096 Discovery Miles 30 960 Ships in 12 - 17 working days

Working within the context of the evolutionary-institutional transformation of higher education, the authors trace the development of an economic model by which the behavioral tendencies of modern universities can be evaluated. That model is expanded to provide insights to the following questions: Why do universities compete and how do they develop and implement their competitive strategies? How do universities make critical institutional decisions about operational missions, academic policies, and internal resource allocation? Do universities efficiently and effectively pursue the special social functions assigned to them? Patrick Raines and Charles Leathers present an integrated, coherent theory to explain the behavior of universities and provide a realistic economic model that predicts how universities allocate their scarce educational resources. This alternative view is contrasted with the mainstream explanations of university behavior based on the maximization of student welfare or faculty influences. The authors extend the existing literature on the operation of universities by presenting a history of the evolution of the modern entrepreneurial universities as well as an explanation of academic capitalism. This absorbing volume will appeal to anyone interested in the history of economic thought or the history of education. Scholars of Veblen, Smith, and Malthus will be fascinated by their individual and comparative theories of the purpose and failures of higher education.

Foundations of Real-World Economics - What Every Economics Student Needs to Know (Paperback, 3rd edition): John Komlos Foundations of Real-World Economics - What Every Economics Student Needs to Know (Paperback, 3rd edition)
John Komlos
R1,265 Discovery Miles 12 650 Ships in 9 - 15 working days

* Presents many of the microeconomic and macroeconomic theories and schools of thought not generally covered in mainstream principles of economics textbooks * Each chapter starts with a short "refresher" of standard neoclassical economic modelling before demonstrating how that model is distorted by people, problems and events in the real world to provide students with a more realistic picture of how the economy works * Updates throughout and new material on populism, racism, inequality, climate change and the covid-19 pandemic * Now has online supplements: quiz questions for students and PowerPoint slides for instructors

Competition and Regulation in Utility Markets (Hardcover, illustrated edition): Colin Robinson Competition and Regulation in Utility Markets (Hardcover, illustrated edition)
Colin Robinson
R3,302 Discovery Miles 33 020 Ships in 12 - 17 working days

This volume is the latest in an annual series, published in association with the Institute of Economic Affairs and the London Business School, which provides an up-to-date review of the state of utility regulation in Britain, with some relevant overseas comparisons. The book, edited and with an introduction by Colin Robinson, covers many of the major issues and significant developments in the field of regulation and competition policy. In each case, essays by expert contributors are followed by the views of the sector regulator. This volume will prove invaluable to practitioners, policymakers and lawyers involved in monopoly regulation, regulatory reform and deregulation.

Corporate Technological Competence and the Evolution of Technological Diversification (Hardcover, illustrated edition): Felicia... Corporate Technological Competence and the Evolution of Technological Diversification (Hardcover, illustrated edition)
Felicia M. Fai
R3,027 Discovery Miles 30 270 Ships in 12 - 17 working days

Drawing upon evolutionary economics and resource-based approaches, the author utilises US patent data from 1930-1990 to examine the persistence of corporate technological competencies and their gradual erosion through diversifying incremental change. The book explores the changing nature of this diversification with respect to firm size, technological relatedness and technological complexity in 32 firms distributed across four broadly defined industrial sectors. The findings suggest that industry and corporate technological profiles remain strong but are becoming blurred by the pervasiveness of general-purpose technologies. Although historically, diversification is associated with an increase in firm size, the author argues that in recent times it results from technological relatedness and complexity. This book will appeal to industrial and business economists, historians of business and technology, and students and scholars of technology management.

Competition Policy - History, Theory and Practice (Paperback, New edition): Manfred Neumann Competition Policy - History, Theory and Practice (Paperback, New edition)
Manfred Neumann
R1,289 Discovery Miles 12 890 Ships in 12 - 17 working days

Given the increase in large scale mergers throughout the world, this book addresses the growing problem of restricted competition through collusion and the perennial debate surrounding the use of government subsidies for industries to further national interests. The aims of the book are threefold; firstly, to elucidate the antecedents of competition policy in the US and Europe and to demonstrate how far a convergence of principles has developed. Secondly, to outline the theory of industrial organisation as a major tool to devise an appropriate policy, and thirdly, to discuss the practice of competition policy in the US, individual European countries and the EC as a whole, in terms of collusion, mergers and vertical restraints. Manfred Neumann comprehensively explores the economic arguments that justify the need for competition policy. He considers the historical development of competition policy and the relationship between competition policy and the objectives of governmental policy as a whole. In conclusion, he argues that competition policy should be regarded as a constituent part of economic and social policy. This enlightening and comprehensive book will be of great value to students, researchers and practitioners of law, corporate strategy and industrial and political economics.

The Economics of Power, Knowledge and Time (Hardcover): Michele Javary The Economics of Power, Knowledge and Time (Hardcover)
Michele Javary
R2,851 Discovery Miles 28 510 Ships in 12 - 17 working days

This book examines the significance of technological, organisational and institutional change as crucial factors in the analysis of the turnover time of capital. It also studies the related set of theoretical questions that concern the relationship between power, knowledge and time, in the context of capital accumulation and distribution. Michele Javary presents a creative and novel analysis of the ways in which these relationships can be analysed both conceptually and historically. She explores current issues relating to the dynamics of technical change, innovation, learning and institutional change by reviving and re-exploring one of the most penetrating contributions to economic thought: Marx's Capital. The author also combines historical and comparative perspectives to analyse the interplay between technology and organisations, based on the analysis of political governance in the United Kingdom and the rapid shift from coal to gas technologies at the time of the privatisation of the electricity supply industry. The analysis presented in the book elucidates many of the debates surrounding the economics of technological change and offers important new insights into both evolutionary and institutional economics. Students and scholars of industrial dynamics and technological change will find great value in the innovative analysis of the social and political factors that impact upon the selection, implementation and deployment of a new technology. Political economists and political scientists wishing to explore the significance of technology, organisations and institutions for capital accumulation and distribution will also be rewarded by this challenging book.

Handbook on Contemporary Austrian Economics (Paperback): Peter J. Boettke Handbook on Contemporary Austrian Economics (Paperback)
Peter J. Boettke
R1,111 Discovery Miles 11 110 Ships in 12 - 17 working days

The Austrian school of economics was founded in 1871 with the publication of Carl Menger's Principles of Economics. In his book, Menger argued that economic analysis is universally applicable and that the appropriate unit of analysis is man and his choices. These choices, he wrote, are determined by individual subjective preferences and the margin on which decisions are made. The logic of choice, he believed, is the essential building block to the development of a universally valid economic theory. The home of the field moved first to Britain and then on to the US, and at present a diverse mix of intellectual traditions in economic science is obvious in contemporary Austrian school economists. While one could argue that a unique Austrian school of economics operates within the economic profession today, one could also sensibly argue that the label 'Austrian' no longer possesses any substantive meaning. This Handbook looks through the lens of the latest generation of scholars at the main propositions believed by so-called 'Austrians'. Each contributing author addresses key tenets of the school of thought, and outlines its ongoing contribution to economics and to the social sciences. Contributors: S.A. Beaulier, P.J. Boettke, C.J. Coyne, A.J. Evans, P.T. Leeson, S.C. Miller, B. Powell, F. Sautet, V.H. Storr, E.P. Stringham, J.R. Subrick

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