The Crisis of Vision in Modern Economic Thought - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Crisis of Vision in Modern Economic Thought write by Robert L. Heilbroner. This book was released on 1996-01-26. The Crisis of Vision in Modern Economic Thought available in PDF, EPUB and Kindle. A deep and widespread crisis affects modern economic theory, a crisis that derives from the absence of a "vision"--a set of widely shared political and social preconceptions--on which all economics ultimately depends. This absence, in turn, reflects the collapse of the Keynesian view that provided such a foundation from 1940 through the early 1970s, comparable to earlier visions provided by Smith, Ricardo, Mill, and Marshall. The "unraveling" of Keynesianism has been followed by a division into discordant and ineffective camps whose common denominator seems to be their shared analytical refinement and lack of practical applicability. This provocative analysis attempts both to describe this state of affairs, and to suggest the direction in which economic thinking must move if it is to regain the relevance and remedial power it now pointedly lacks.
Crisis of Vision in Modern Economic Thought
Crisis of Vision in Modern Economic Thought - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Crisis of Vision in Modern Economic Thought write by Robert Louis Heilbroner. This book was released on 1995. Crisis of Vision in Modern Economic Thought available in PDF, EPUB and Kindle.
Crisis of Vision in Modern Economic Thought
Crisis of Vision in Modern Economic Thought - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Crisis of Vision in Modern Economic Thought write by Robert Louis Heilbroner. This book was released on 1996. Crisis of Vision in Modern Economic Thought available in PDF, EPUB and Kindle.
Outsourcing Economics
Outsourcing Economics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Outsourcing Economics write by William Milberg. This book was released on 2013-04-29. Outsourcing Economics available in PDF, EPUB and Kindle. Outsourcing Economics has a double meaning. First, it is a book about the economics of outsourcing. Second, it examines the way that economists have understood globalization as a pure market phenomenon, and as a result have 'outsourced' the explanation of world economic forces to other disciplines. Markets are embedded in a set of institutions - labor, government, corporate, civil society, and household - that mold the power asymmetries that influence the distribution of the gains from globalization. In this book, William Milberg and Deborah Winkler propose an institutional theory of trade and development starting with the growth of global value chains - international networks of production that have restructured the global economy and its governance over the past twenty-five years. They find that offshoring leads to greater economic insecurity in industrialized countries that lack institutions supporting workers. They also find that offshoring allows firms to reduce domestic investment and focus on finance and short-run stock movements.
Capitalism
Capitalism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Capitalism write by Anwar Shaikh. This book was released on 2016-01-15. Capitalism available in PDF, EPUB and Kindle. Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.
