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"Hayek on Mill is a collection of decades worth of correspondence between John Stuart Mill and his wife, Harriet Taylor-Mill, gathered by F. A. Hayek. It showcases the intersections between Hayek and Mill and also brings together Hayek's related writings, which were widely credited with beginning a new era of Mill scholarship"--
"This 2023 Liberty Fund paperback edition of Capital and Interest is licensed by The University of Chicago Press, Chicago, Illinois, U.S.A., and published by arrangement with Routledge, a member of the Taylor & Francis Group, an Informa Business."
As the current capitalist system has been increasingly struggling to respond to the problems and uncertainties in the global economy, this book aims to identify the main economic, social, and ecological problems and discusses solutions for a more inclusive and sustainable economic system. Written by an international selection of contributors, it takes a wider perspective beyond classical orthodox economics.By doing so, this book covers a wide range of topics, such as global warming and climate change, food and energy scarcity, rising inequality and debt issues, health, ecological, economic, and political crises, degrowth, green new deals, solidarity, economy, artificial intelligence, technological change, smart solutions, and smart cities. Discussing these topics, the book presents answers to the question of whether the current capitalist system is viable and provides suggestions for a fair, inclusive, and modern economic system.Taking a comprehensive approach, thebook will appeal to students, scholars, and researchers of heterodox and alternative economics.
The book provides a comprehensive review of renewable energy from an economic perspective throughout the last two hundred years, starting from traditional renewable energy based on bio and hydro energy. The focus is on modern renewable energy based on geothermal, wind, and solar energy. It emerged when innovative entrepreneurs captured opportunities for valuable energy services. As the services with renewable energy expanded, the costs of technologies decreased entailing global commercialisation. This enables larger access to energy and emission reduction of carbon dioxide, but also causes larger differences in the energy resources across countries which impedes international policies. That optimistic viewpoint on the shift to the global low-carbon economy is largely based on statistical data about purchasing power, energy consumption and businesses, and valuable energy services in many countries on all continents. The data are presented in 70 tables, graphs, and figures, most of them original. Interpretation of the data are useful in support of decisions making about sustainable development in civil society, businesses, and policy makers as well as for the verifications of scholarly hypotheses and projections in energy and climate policies.
This book proposes a new approach to economics, starting from the commons and based on the Economy of Francesco (EoF), a worldwide movement of young people who aim to change the current economic models and working towards a fair, sustainable, and inclusive economic system. EoF was convened by Pope Francis and is inspired by the example of St. Francis of Assisi, featuring Franciscan economic roots and institutions, as well as theories of the social sciences.The authors raise and answer several important questions throughout the volume, such as: What if the economic courses taught in the universities across the globe focused their attention on the topics of the commons rather than on private goods? What if social businesses, rather than being considered as a hybrid form of businesses, became the normal approach, and ethical and green finance ruled over the standard financial sector? Is it possible to move away from the primacy of the consumers to the preeminence of ethical consumers who express their preferences for an inclusive, sustainable, and workers-friendly economic system with their daily choices? Using a unique approach, the book includes the contributions of prominent scholars which are integrated and discussed by young international scholars, providing a fresh analysis with a glance of hope for the future. The book is a must-read for students, scholars, and researchers of economics and related disciplines interested in alternatives to the current economic mainstream in general, and the Economy of Francesco in particular.
This book examines the inter-firm networks created by interlock coordination through shared directors (inter-board) and managers (inter-department) at various levels: whole aggregate, core vs. peripheral companies, and distribution by country and sector. Presenting an empirical case study on all the limited liability or stock companies of the aerospace industry in the European Union and its interlock partners worldwide, the authors shed new light on these forms of coordination. Moreover, they reveal the relevance of shared managers¿ coordination and hybrid manager-director interlocks.The book applies advanced statistical and social network analysis alike by combining firms¿ attributes (e.g. standard economic-financial parameters) and topological indices for firms (e.g. centrality and cluster measures). By conducting the analysis at both the aggregate network level and the cluster or corporate group level, the authors show how extensive and intensive the interlock forms of coordination are, especially when dealing with shared managers. By testing seven hypotheses concerning the research stream on board interlocks and (more broadly) inter-firm networks, the study offers new insights into the role of the financial sector, on the relations between interlock coordination and firms¿ performance, on the role of geographical, technological and organizational proximity, and on the relations between interlock coordination and firms¿ size. As such, this book will appeal to scholars of organization studies, business and management studies, industrial and evolutionary economics, and economic sociology, as well as officers and policymakers at anti-trust regulation institutions.
This book contributes to the development of a relational view of economics. Bringing together experts from various disciplines, it offers an interdisciplinary perspective on the study of relational transactions. In contrast to discrete market transactions as a traditional subject of economic discourse, the book analyses the role of relational transactions in the study of economic phenomena. The contributing authors address topics such as global intra- and inter-company networks, intersectoral stakeholder management, relational contracts, and transcultural management approaches. Accordingly, the book makes an important contribution to an emerging field of research.
Evgeny A. Preobrazhensky was Russia's foremost economist in the 1920s. This volume editorially reconstructs his theory of socialist industrialisation in an agrarian country and relates it to previous socialist theories and to issues of political struggle, culture and communist morality. The bulk of the work included in this volume consists of Preobrazhensky's Concrete Analysis of the Soviet Economy, which supplements his theoretical inquiry published in Volume II. A number of appendices present Preobrazhensky's analysis of the NEP and his correspondence with Trotsky alongside extensive contributions by the volume's editors and translators.
"How resistance to fix economic inequality is tied to the persistent myth of meritocracy, and how to change the narrative"--
This book reviews the development of Chinese economics since the reform and opening-up, associated with the history and experience of China's economic growth. This book makes a systematic study of the direction of reform, the method of reform, the path of reform, the main body of reform and the motive force of reform, accumulates more experiences that can be used for reference for the exploration of new reforms to be opened, and probes into the way of reform in the next period. The topics cover all key concepts and theories relating to the China's economic reform.
Joseph Kitchin (1861-1932) était un homme d¿affaires anglais et un statisticien. De sa vie, on sait peu de choses. De son ¿uvre, on en sait souvent à peine plus. Pourtant, il n¿y a pas un professeur d¿économie sur cette planète qui en ignore l¿héritage intellectuel ! L¿application des cycles de Joseph Kitchin ne s¿arrête pas à l¿économie, ces cycles sont toujours très influents sur les cours boursiers. Joseph Kitchin distinguait ainsi trois catégories de cycles : les cycles mineurs, les cycles majeurs et les mouvements fondamentaux.Un ouvrage si intense que celui de Joseph Kitchin, tant par sa brièveté que par sa clairvoyance, mérite plus que jamais d¿être mis en lumière, 100 ans jour pour jour après sa publication en 1923.Les Atemporels, c¿est une collection qui réunit des ¿uvres qui ne vieillissent pas, qui ont une date de publication mais pas de date de péremption. Car elles seront encore lues et relues dans un siècle.Préfacé et traduit par Thomas Andrieu.
Monty is a dog, not a financial genius, but economics still shapes his everyday life. Over the course of seventeen walks, Dr Rebecca Campbell chews over economic concepts and investigates how they apply to our lives people and mutts alike. There are no graphs, no charts (Monty can't read them) and definitely no calculus! How to Teach Economics to Your Dog tackles the knotty question of what economics actually is. Is it a mathematical science like physics? Or a moral and philosophical investigation of how societies should manage scarce resources? Along the way we meet some of the great thinkers from Adam Smith to Thomas Piketty, and ponder questions such as: What on earth does quantitative easing mean? And why are some countries so much richer than others?
This volume presents techniques and theories drawn from mathematics, statistics, computer science, and information science to analyze problems in business, economics, finance, insurance, and related fields. The authors present proposals for solutions to common problems in related fields. To this end, they are showing the use of mathematical, statistical, and actuarial modeling, and concepts from data science to construct and apply appropriate models with real-life data, and employ the design and implementation of computer algorithms to evaluate decision-making processes. This book is unique as it associates data science - data-scientists coming from different backgrounds - with some basic and advanced concepts and tools used in econometrics, operational research, and actuarial sciences. It, therefore, is a must-read for scholars, students, and practitioners interested in a better understanding of the techniques and theories of these fields.
This book chronicles the way Keynes¿s generous philosophy of practice evolved in consonance with the needs of his epoch. From a youngster reflecting on ethics and the classics, to becoming a leading voice in both wars in terms of political philosophy and international relations, to playing the role of innovator in both probability and economics, to taking a stance as an art appreciator, Keynes¿s life and multidisciplinary contributions to humankind were permeated by his philosophical milieu. However, only a flexible, dynamic, and broad philosophy could have reflected and led the economic and political events in the world of the first part of the 20th Century, which is what Keynes managed to accomplish, and that is what the book suggests. This book captures the gist of Keynes¿ evolutionary philosophy for our times. The book adds an evolutionary perspective to the existing literature on Keynes. As a case in point, the theoretical foundations of both macroeconomics and laissez faire are dissected. But the book also tells the story of how Keynes¿s philosophy is adapted to a convulsed world, which is akin to ours, his legacy being gifted with multiple human considerations. The book offers an outline of Keynes¿s philosophical stance¿also compared with those of other European thinkers¿at a moment when new ethical, epistemological, economic, and political perspectives are required, especially after the crisis of 2020. The conclusion is that Keynes¿s theoretical and practical insights were far ahead of his time.
This elementary introduction was developed from lectures by the authors on business mathematics and the lecture "Analysis and Linear Algebra" for Bachelor's degree programmes
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