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In social life, the adoption of norms and values typically help in settling potential conflicts of interest to the mutual benefit of all. While not evident immediately, social norms and values play a crucial role in the theory of social choice.
S.N. Afriat is back and writing on the subject of the Price Index. This book should be of great interest to economists and statisticians everywhere.
The elections of Bill Clinton and Tony Blair in the 1990s saw the consolidation and completion of critical aspects of the Reagan-Thatcher fiscal agenda. It was thought that the process of adopting common fiscal policies was caused by economic integration and globalization; this study reveals a more comprehensive explanation.
Explores the area of behavioral economics and in particular focuses on the work of Harvey Leibenstein, one of the pioneers of this discipline. This book covers the topics such as: agency theory; dynamic efficiency; evolutionary economics; X-efficiency; the effect of emotions, specifically affect, on decision making; market pricing; and more.
Semi-periphery refers to those nations which are not drivers of change globally, but have enough economic and political security to have some power in determining their own responses to global forces. This book analyses changes in gender relations, as a result of globalization, in countries on the semi-periphery of power.
This landmark volume spans a wide range of economic approaches to social justice. Inspired by the work of Duncan Foley, and featuring many of the leading scholars in the field, the volume aims to open the discussion on a critical economic theory which values fairness and social justice.
This book seeks to explain the global financial crisis and its wider economic, political, and social repercussions, arguing that the 2007-9 meltdown was in fact a systemic crisis of the capitalist system.
Michael Kalecki is thought by many to be the true standard bearer of theories of mixed economy, and it can be argued that John Maynard Keynes stole his crown undeservedly. Kaleckian ideas are becoming more and more influential.
Although most traditional economic theory puts the individual at the centre of analysis, more recent approaches have acknowledged the importance of a wider sense of identity as a determinant of individual behaviour. Whether it is ethnicity, religion or gender, group membership is a central part of human life. This book presents new advances in areas which consider both the individual and the group when measuring inequalities and well-being.
The core argument outlined in this book is that a well-organized system of producer cooperatives would give rise to a new mode of production and, ultimately, a genuinely socialist society by reversing the capitalist relation between capital and labour. The book concludes that self-management could take the place of central planning in Marxist visions for the future.
Some alternatives to capitalism have been proposed since the end of the Cold War, but none has offered an alternative form of economic calculation. This book explains how modern information technology may be used to implement a new method of economic calculation that could bring an end to capitalism and make socialism possible.
This volume, a companion to Money, Macroeconomics and Keynes, is published in honour of Victoria Chick, and represents both consolidation and the breaking of new ground in Keynesian Methodology and Microeconomics.
Marxist analysis better explains the Greek crisis than its orthodox and heterodox competitors. The contributors present critiques of the prevalent approaches and offer studies of the Greek crisis that use the methodology and the analytical and empirical tools of classical Marxist Political Economy. In particular, it is shown that the Greek crisis was caused by falling profitability and the ensuing over accumulation crisis.
First Published in 2004. Routledge is an imprint of Taylor & Francis, an informa company.
This book provides an economic-theoretical understanding of the many ways in which innovation can structure consumer choice, a central theme that has been ignored by traditional economic theory.
This volume argues that financial affairs cannot be adequately interpreted and explained without regard to themes, methods, and substantive claims posed in recent decades by cultural political economy. The editors and the international cast of contributors have crafted a volume which represents a hugely significant contribution to the field of cultural political economy and the social study of finance.
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