Where Keynes Went Wrong

Author: Hunter Lewis
Editor:
ISBN: 9781604190441
File Size: 64,49 MB
Format: PDF, Mobi
Read: 4191
Download

Presents an overview of the economic theories of John Maynard Keynes and offers a critique of the Keynesian economic strategy of borrowing and spending which has been used by the current Obama administration to deal with the fiscal crisis of 2009.

Where Economics Went Wrong

Author: David Colander
Editor: Princeton University Press
ISBN: 0691179204
File Size: 23,42 MB
Format: PDF, ePub, Mobi
Read: 8463
Download

How modern economics abandoned classical liberalism and lost its way Milton Friedman once predicted that advances in scientific economics would resolve debates about whether raising the minimum wage is good policy. Decades later, Friedman’s prediction has not come true. In Where Economics Went Wrong, David Colander and Craig Freedman argue that it never will. Why? Because economic policy, when done correctly, is an art and a craft. It is not, and cannot be, a science. The authors explain why classical liberal economists understood this essential difference, why modern economists abandoned it, and why now is the time for the profession to return to its classical liberal roots. Carefully distinguishing policy from science and theory, classical liberal economists emphasized values and context, treating economic policy analysis as a moral science where a dialogue of sensibilities and judgments allowed for the same scientific basis to arrive at a variety of policy recommendations. Using the University of Chicago—one of the last bastions of classical liberal economics—as a case study, Colander and Freedman examine how both the MIT and Chicago variants of modern economics eschewed classical liberalism in their attempt to make economic policy analysis a science. By examining the way in which the discipline managed to lose its bearings, the authors delve into such issues as the development of welfare economics in relation to economic science, alternative voices within the Chicago School, and exactly how Friedman got it wrong. Contending that the division between science and prescription needs to be restored, Where Economics Went Wrong makes the case for a more nuanced and self-aware policy analysis by economists.

Keynes S Monetary Theory

Author: Allan H. Meltzer
Editor: Cambridge University Press
ISBN: 9780521022750
File Size: 60,55 MB
Format: PDF, ePub, Mobi
Read: 3679
Download

This rigorous 2009 study of Keynes's views on economic theory and policy from 1920-1946 argues that some of Keynes's main ideas have been ignored or misstated.

Science News

Author:
Editor:
ISBN:
File Size: 64,39 MB
Format: PDF, Mobi
Read: 2876
Download


Broke

Author: Glenn Beck
Editor: Simon and Schuster
ISBN: 1451693443
File Size: 23,27 MB
Format: PDF, Kindle
Read: 8666
Download

In a book timed for the midterm elections, the popular firebrand is back to tackle all the hot issues with his signature wit and confrontational, controversial style. By the #1 best-selling author of Arguing With Idiots. 1.5 million first printing.

Encounter

Author: Stephen Spender
Editor:
ISBN:
File Size: 65,93 MB
Format: PDF
Read: 6740
Download


Author:
Editor:
ISBN:
File Size: 67,51 MB
Format: PDF, ePub, Docs
Read: 9679
Download


Quarterly Review

Author: Banca nazionale del lavoro
Editor:
ISBN:
File Size: 67,42 MB
Format: PDF, ePub, Mobi
Read: 242
Download


What S Wrong With Keynesian Economic Theory

Author: Steven Kates
Editor: Edward Elgar Publishing
ISBN: 1785363743
File Size: 46,76 MB
Format: PDF, Kindle
Read: 2707
Download

Possibly the strangest phenomenon in all of economics is the absence of a long tradition of criticism focused on Keynesian economic theory. Keynesian demand management has been at the centre of some of the worst economic outcomes in history, from the great stagflation of the 1970s to the lost decade and more in Japan following the expenditure program of the 1990s. And once again, following the Global Financial Crisis, it is incontrovertible that no stimulus program in any part of the world has been a success, each one having been abandoned as conditions deteriorated under the weight of public sector spending. This book brings together some of the most vocal critics of Keynesian economics. Each author attempts to explain what is wrong with Keynesian theory in ways that can be understood by those seeking guidance on where to turn for a more accurate explanation of the business cycle and on what to do when recessions occur.

New Scientist

Author:
Editor:
ISBN:
File Size: 71,73 MB
Format: PDF
Read: 9696
Download

New Scientist magazine was launched in 1956 "for all those men and women who are interested in scientific discovery, and in its industrial, commercial and social consequences". The brand's mission is no different today - for its consumers, New Scientist reports, explores and interprets the results of human endeavour set in the context of society and culture.

What Went Wrong With History From Below

Author: Vinay Bahl
Editor:
ISBN:
File Size: 16,85 MB
Format: PDF, Mobi
Read: 2326
Download

Prés. de l'éd.: "While refuting contemporary fashionable discourse on 'History from below', which is based on cultural determinism, the author of the present volume urges scholars to use their own innate creativity (as human agency) collectively to build an alternative theoretical framework that can open up the possibility of creating an alternative state of being and alternative kinds of societies. While suggesting one of many possible alternatives, the author has attempted to reinstate in the present volume the notion of 'human agency' as human being's innate capacity for creativity, which is closely related to the concept of 'humaneness'. Author believes that such interpretation will open up the possibility of developing a new theoretical framework that will be devoid of binaries such as, traditional/modern, core/periphery, progressive/backward, national/global. Based on these ideas, the present volume is an attempt to show one of many possibilities of writing a history of the world from an alternative perspective derived from the experiences of the social formations, cultural formations and class struggles in India. The focus on "India" is important (not merely as a local history, or colonial history) because it represents the historical experiences of one billion plus people with all possible historical, political, economic, and cultural scenarios and its interactions with many other societies over time. Author hopes that suggestions hypothesized in this volume might help in writing histories -- everywhere -- of women, working people, oppressed people, oppressed societies, as well as of oppressive societies from the vantage point of their own societies and their interactions with other societies without using binary terms. Such history writing will allow oppressed people and oppressed societies to break away from the prevailing notion of 'inevitable fate' about their present miserable condition and hopeless future choices, as they are made to believe about the inevitability of 'globalization', about the so called 'development', and their consequences."

It Didn T Have To Be This Way

Author: Harry C. Veryser
Editor: Isi Books
ISBN:
File Size: 76,80 MB
Format: PDF, Docs
Read: 1512
Download

The key to understanding economics The economic crisis that erupted in 2008 was not inevitable. Proponents of the Austrian School of economics have repeatedly demonstrated that a boom-and-bust cycle is unnatural and unnecessary. Unfortunately, few people have even a cursory understanding of Austrian economics--a problem economist Harry C. Veryser tackles in It Didn't Have to Be This Way. Veryser provides a clear and persuasive introduction to the Austrian School and its major figures, such as Ludwig von Mises and F. A. Hayek, and before them Carl Menger. He shows why the Austrian view--emphasising individual human action and markets free from government intrusion--offers the surest path back to peace and prosperity. Best introduction to poorly understood Austrian economics: Veryser brilliantly explains a vitally important school of economic thought that many people know nothing about. This book corrects misconceptions and makes a convincing case why the Austrian view offers the best approach to economics. Explains current economic crisis: Veryser shows how Austrian economics predicted exactly the kind of collapse that occurred in 2008, and why a boom-and-bust cycle is unnatural and unnecessary.

Working Paper

Author:
Editor:
ISBN:
File Size: 63,47 MB
Format: PDF, ePub
Read: 8026
Download


My Own Years

Author: Barry Broadfoot
Editor: Toronto, Ont. : Doubleday Canada ; Garden City, N.Y. : Doubleday
ISBN:
File Size: 46,54 MB
Format: PDF, Docs
Read: 8991
Download

A Canadian journalist and author recalls some of the many interesting and unusual people he encountered, including rodeo cowboys, farmers, fishermen, and show people

Macroeconomics

Author: Alessandro Vercelli
Editor: Oxford University Press, USA
ISBN:
File Size: 42,30 MB
Format: PDF, ePub
Read: 4074
Download

"This textbook surveys the current state of macroeconomics analyzing and comparing alternative approaches to the subject." "The book is divided into six parts. The first is introductory and gives the general background necessary for a deeper understanding of the recent debates under discussion. It focuses on schools of thought which have been prominent in macroeconomics over the last two decades." "The second part looks at the rational expectations controversy which is still a crucial battleground in macroeconomics. The third part examines another issue which has been at the centre of macroeconomic debate since the early 70s: the explanation and control of economic fluctuations." "The fourth part explores two important topics with particular attention to empirical evidence: wage-determination and inflation. The nexus between data and macroeconomic theory raises many methodological problems, some of which are discussed in part five." "The final part is a critical appraisal of the conceptual links among the chapters of this volume."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

The Impact Of Keynes On Economics In The 20th Century

Author: European Society for the History of Economic Thoug
Editor: Edward Elgar Pub
ISBN:
File Size: 73,11 MB
Format: PDF, ePub, Docs
Read: 8960
Download

Papers presented at a winter 1997 conference of the European Society for the History of Economic Thought reconsider the nature and significance of Keynes' theories and economic policies, and illustrate the diversity of Keynesianism in different European countries throughout the century. Main themes are Keynesian theory, Keynesian- type policies and theories throughout Europe, and how Keynesian policy has been used by government and non-governmental organizations in an attempt to deal with unemployment and deflation during the 20th century. Pasinetti is a professor of economics at Catholic University, Milan, Italy. Schefold is a professor of economics at Johann Wolfgang Goethe University, Frankfurt am Main, Germany. Annotation copyrighted by Book News, Inc., Portland, OR

Business Week

Author:
Editor:
ISBN:
File Size: 55,79 MB
Format: PDF
Read: 458
Download


Union Monopolies And Antitrust Restraints

Author: Patrick M. Boarman
Editor:
ISBN:
File Size: 47,91 MB
Format: PDF, Docs
Read: 5542
Download


The Philosophy And Economics Of J M Keynes

Author: Bill Gerrard
Editor: Edward Elgar Pub
ISBN:
File Size: 60,88 MB
Format: PDF, Mobi
Read: 9371
Download

This important book explores the significance of Keynes beyond the confines of the orthodox debate. The neo classical counter-revolution has persuaded many professional economists to continue to view Keynes as interpretable within the market-theoretic framework. The contributors to this volume seek to journey beyond the bounded vision of orthodoxy and assess the implications of Keynes as being something more than an economist. The Philosophy and Economics of J.M. Keynes ranges across the entire Post Keynesian spectrum as well as spanning the different generations of the Keynesian era and its aftermath. The book will appeal to all levels of the economics profession with an interest in the practical implications of theoretical discourse as well as the history of economic analysis.