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This uniquely interdisciplinary volume analyzes the challenges
posed by the heterogeneity of the world where radically different
players are crammed into increasingly limited political,
commercial, social, and ecological space. The rapid rise of
Communist Party-ruled China is posing serious challenges to the
postwar politico-economic architecture dominated by the United
States. Russia, once expected to become a partner of the liberal
Western international order, has started behaving in an
increasingly unilateral fashion. The developing world is more
characterized by failed governance rather than convergence to
liberal democracies as was hoped by many Western authors. Given
links provided by low-cost carriers, the Internet, and trade and
investment, we simply cannot shield ourselves from influences,
whether benign or malign, from neighbors on this planet.The
authors, including political scientists, economists, social
physicists, and experts on complexity theory and informatics,
examine how interactions among actors with different properties can
cause problems, and they analyze risks resulting from the
interactions. While employing a variety of approaches to address
topics such as economic interdependence among democracies and
authoritarian states, the development assistance regimes, internal
conflicts in developing countries, and cyber security, the whole
volume presents a clear overview of challenges and risks the world
is facing. This work makes a valuable contribution to students of
social sciences as well as to practitioners interested in the
emerging global order.
This is the first book to describe the entire developmental history
of the human aspects of economics. The issue of "self-interest" is
discussed throughout, from pre-Adam Smith to contemporary
neuroeconomics, representing a unique contribution to economics.
Though the notion of self-interest has been interpreted in several
ways by various schools of economics and economists since Smith
first placed it at the heart of the field, this is the first book
to focus on this important but overlooked topic. Traditionally,
economic theory has presupposed that the core of human behavior is
self-interest. Nevertheless, some economists, e.g. recent
behavioral economists, have cast doubt on this "self-interested"
explanation. Further, though many economists have agreed on the
central role of self-interest in economic behavior, each
economist's positioning of self-interest in economic theory differs
to some degree. This book helps to elucidate the position of
self-interest in economic theory. Given its focus, it is a
must-read companion, not only on the history of economic thought
but also on economic theory. Furthermore, as today's capitalism is
increasingly causing people to wonder just where self-interest
lies, it also appeals to general readers.
This uniquely interdisciplinary volume analyzes the challenges
posed by the heterogeneity of the world where radically different
players are crammed into increasingly limited political,
commercial, social, and ecological space. The rapid rise of
Communist Party-ruled China is posing serious challenges to the
postwar politico-economic architecture dominated by the United
States. Russia, once expected to become a partner of the liberal
Western international order, has started behaving in an
increasingly unilateral fashion. The developing world is more
characterized by failed governance rather than convergence to
liberal democracies as was hoped by many Western authors. Given
links provided by low-cost carriers, the Internet, and trade and
investment, we simply cannot shield ourselves from influences,
whether benign or malign, from neighbors on this planet.The
authors, including political scientists, economists, social
physicists, and experts on complexity theory and informatics,
examine how interactions among actors with different properties can
cause problems, and they analyze risks resulting from the
interactions. While employing a variety of approaches to address
topics such as economic interdependence among democracies and
authoritarian states, the development assistance regimes, internal
conflicts in developing countries, and cyber security, the whole
volume presents a clear overview of challenges and risks the world
is facing. This work makes a valuable contribution to students of
social sciences as well as to practitioners interested in the
emerging global order.
This is the first book to describe the entire developmental history
of the human aspects of economics. The issue of "self-interest" is
discussed throughout, from pre-Adam Smith to contemporary
neuroeconomics, representing a unique contribution to economics.
Though the notion of self-interest has been interpreted in several
ways by various schools of economics and economists since Smith
first placed it at the heart of the field, this is the first book
to focus on this important but overlooked topic. Traditionally,
economic theory has presupposed that the core of human behavior is
self-interest. Nevertheless, some economists, e.g. recent
behavioral economists, have cast doubt on this "self-interested"
explanation. Further, though many economists have agreed on the
central role of self-interest in economic behavior, each
economist's positioning of self-interest in economic theory differs
to some degree. This book helps to elucidate the position of
self-interest in economic theory. Given its focus, it is a
must-read companion, not only on the history of economic thought
but also on economic theory. Furthermore, as today's capitalism is
increasingly causing people to wonder just where self-interest
lies, it also appeals to general readers.
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