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The Political Economy of Global Restructuring argues that the study of political economy, and the classical perspective it offers, will become increasingly relevant as we approach the 21st century. The dramatic events in Eastern Europe, the resurgence of an invigorated market capitalism and the prospect of integrated trading and financial communities are challenging the orientation towards positivism and model-building which dominates mainstream economics. Trade and Finance, the second volume of The Political Economy of Global Restructuring, focuses on the responses of the market economies of the West to structural changes in the world economy. By in depth study of such issues as disparate gains from EEC accession among member countries who give up mercantilist practices, and the prospect of new strains between financial centres and their peripheries in consequence of a European Central Bank, this volume is a decisive step in the direction of re-establishing Political Economy as a purposeful discipline.
This introductory text on labour economics covers topics such as: the shift in America from a manufacturing-based economy to a service economy; the changes in the economic conditions in the US; the implications of NAFTA and GATT; and the labour markets.
This introductory text on labour economics covers topics such as: the shift in America from a manufacturing-based economy to a service economy; the changes in the economic conditions in the US; the implications of NAFTA and GATT; and the labour markets.
First Published in 1991. Routledge is an imprint of Taylor & Francis, an Informa company.
Most economists assume that the mathematical and quantative sides
of their science are relatively recent developments. Measurement,
Quantification and Economic Analysis shows that this is a
misconception. Its authors argue that economists have long relied
on measurement and quantification as essential tools.
Now in its seventh edition, Ingrid Rima's classic textbook charts the development of the discipline from the classical age of Plato and Aristotle, through the middle ages to the first flowering of economics as a distinct discipline - the age of Petty, Quesnay and Smith - to the era of classical economics and the marginalist revolution. The book then goes on to offer extensive coverage of the twentieth century - the rise of Keynesianism, econometrics, the Chicago School and the neoclassical paradigm. The concluding chapters analyze the birth of late twentieth century developments such as game theory, experimental economics and competing schools of economic thought. This text includes a number of practical features: a "family tree" at the beginning of each section, illustrating how the different developments within economics are interlinked the inclusion of readings from the original key texts a summary and questions to discuss, along with glossaries and suggestions for further reading This book provides the clearest, most readable guide to economic thought that exists and encourages students to examine the relevance of the discipline's history to contemporary theory.
The great tradition of classical economics is an enduring source of inspiration for new research relating to the development of economics as a discipline. This major volume brings together papers which reflect the durability as well as the diversity of classical research themes for historians of economics.Beginning with a re-evaluation of mercantilism, the volume continues with papers on stoicism in the work of Adam Smith, Smith's use of the word 'natural', a game-theoretical evaluation of the Theory of Moral Sentiments and Wealth of Nations, a textual reinterpretation of Smith's wage theories, and the important role of institutions in J.S. Mill's economic analysis. The papers in this collection cover both Smithian classicism and the Ricardo - Marx - Sraffa classicism which is represented here by four papers on the work of Krishna Bharadwaj, a persuasive contemporary interpreter of this variant of the classical tradition. The Classical Tradition in Economic Thought demonstrates that classicism, in all its many faces, is not only alive but generating an ongoing flow of interpretative literature which will be of interest to students and scholars concerned with economic theory and the history of economic thought as well as the heterodox schools in modern economics.
Now in its seventh edition, Ingrid Rima's classic textbook charts the development of the discipline from the classical age of Plato and Aristotle, through the middle ages to the first flowering of economics as a distinct discipline - the age of Petty, Quesnay and Smith - to the era of classical economics and the marginalist revolution. The book then goes on to offer extensive coverage of the twentieth century - the rise of Keynesianism, econometrics, the Chicago School and the neoclassical paradigm. The concluding chapters analyze the birth of late twentieth century developments such as game theory, experimental economics and competing schools of economic thought. This text includes a number of practical features: a "family tree" at the beginning of each section, illustrating how the different developments within economics are interlinked the inclusion of readings from the original key texts a summary and questions to discuss, along with glossaries and suggestions for further reading This book provides the clearest, most readable guide to economic thought that exists and encourages students to examine the relevance of the discipline's history to contemporary theory.
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