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Books > History > History of specific subjects > Economic history
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How Social Forces Impact the Economy (Paperback)
Loot Price: R1,215
Discovery Miles 12 150
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How Social Forces Impact the Economy (Paperback)
Series: Routledge Advances in Social Economics
Expected to ship within 12 - 17 working days
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Social forces are important determinants of how people behave, how
economies work at the macroeconomic level, and the effectiveness of
economic policies. However, this dimension is generally overlooked
in mainstream economics. How Social Forces Impact the Economy
demonstrates that a broader conception of social economics provides
for a better understanding of how economies work as a whole. This
book argues that adopting a truly social approach to economics
opens the door to studying how people form preferences, and how
they learn by taking cues from others about how to behave and what
to consume. Each chapter contributor works to highlight the breadth
of new insights and possibilities that emerge from a fuller
understanding of social economics. Part I focuses on
microeconomics, bringing individual behaviors and individual
entrepreneurs into a more social context. Part II focuses on
macroeconomic topics, such as how money and quasi-monies (like
Bitcoins) are social, how money developed as a social institution,
and how social forces matter for economic development. Finally,
Part III looks at the consequences of considering social factors
when it comes to policy: environmental policy, industrial policy,
and policies promoting greater equality. This book is invaluable
reading to anyone interested in the relationship between economics
and sociology, how social forces affect policy effectiveness, human
behavior, and the overall economy.
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