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The Struggle for a Better World
In The Struggle for a Better World, Peter J. Boettke explores how the social sciences, and political economy in particular, help us understand society and its institutions of governance. Boettke advances an approach for understanding, articulating, and pursuing a coherent and consistent vision of a society of free and responsible individuals who may prosper through voluntary participation in the market and their communities. In this volume, a collection of addresses, lectures, and papers over the past two decades, Boettke articulates ideas which, if consistently pursued, can help fulfill liberalism's emancipatory promise to advance human flourishing and overcome adversity caused by economic, social, and political injustice and repression. Boettke advocates for liberal cosmopolitanism, grounded in the principles of equality, justice, and liberty, and the basic recognition that all people are dignified equals, as the best hope for a better world.
The Pure Theory of Capital
F. A. Hayek’s long-overlooked volume, was his most detailed work in economic theory. Originally published in 1941 when fashionable economic thought had shifted to John Maynard Keynes, Hayek’s manifesto of capital theory is now available again for today’s students and economists to discover. With a new introduction by Hayek expert Lawrence H. White, who firmly situates the book not only in historical and theoretical context but within Hayek’s own life and his struggle to complete the manuscript, this edition commemorates the celebrated scholar’s last major work in economics. Offering a detailed account of the equilibrium relationships between inputs and outputs in an economy, Hayek’s stated objective was to make capital theory "useful for the analysis of the monetary phenomena of the real world.” His ambitious goal was nothing less than to develop a capital theory that could be fully integrated into the business cycle theory.
The Economics of New Goods
New goods are at the heart of economic progress. The eleven essays in this volume include historical treatments of new goods and their diffusion; practical exercises in measurement addressed to recent and ongoing innovations; and real-world methods of devising quantitative adjustments for quality change. The lead article in Part I contains a striking analysis of the history of light over two millenia. Other essays in Part I develop new price indexes for automobiles back to 1906; trace the role of the air conditioner in the development of the American south; and treat the germ theory of disease as an economic innovation. In Part II essays measure the economic impact of more recent innovations, including anti-ulcer drugs, new breakfast cereals, and computers. Part III explores methods and defects in the treatment of quality change in the official price data of the United States, Canada, and Japan. This pathbreaking volume will interest anyone who studies economic growth, productivity, and the American standard of living.
Fifty Years of Economic Measurement
This volume contains papers presented at a conference in May 1988 in Washington, D.C., commemorating the fiftieth anniversary of the founding of the Conference on Research in Income and Wealth (CRIW). The call for papers emphasized assessments of broad topics in economic measurement, both conceptual and pragmatic. The organizers desired (and succeeded in obtaining) a mix of papers that, first, illustrate the range of measurement issues that economics as a science must confront and, second, mark major milestones of CRIW accomplishment. The papers concern prices and output (Griliches, Pieper, Triplett) and also the major productive inputs, capital (Hulten) and labor (Hamermesh). Measures of sa...
The Natural Advantage of Nations
This book is more than just a 'palliative care' guide for the planet - it is about innovation, solutions, competitiveness and profitability. At work, at home and as members of society, our generation has an opportunity - to be part of the obligation - and an exciting solution in restoring the balance. The authors present a bold vision for the future and demonstrate how we can get there, drawing on lessons of competitive advantage theory and the latest in sustainability, economics, innovation, business and governance theory and practice. The result is nothing less than the most authoritative and comprehensive guide to date, to building the new ecologically sustainable economy. For further information about The Natural Edge Project and to view the book's online companion, visit www.naturaledgeproject.net.
Planetary Accounting
This book presents a novel way to enable people, regardless of their scale of influence, to take responsibility for global environmental problems including climate change. It introduces a new framework called Planetary Accounting, which allows the Planetary Boundaries, non-negotiable limits for the environment, to be translated into limits for human activity. It shows how such limits can be broken down into chunks that can be managed at different levels (from individual and community, to business and sector levels, to cities and regions), and at any level of government. The book begins by summarising the science of climate change and introducing the notion of the Anthropocene – the “huma...
The Expansion of Economics
This study attempts to explain how work in economics has influenced a merging of economic analysis with the research practices of various related fields of study. The work demonstrates how economics is leading the way to a more unified social science.
Elgar Companion to Hayekian Economics
The Elgar Companion to Hayekian Economics provides an in-depth treatment of Friedrich August von Hayekês economic thought from his technical economics of the 1920s and 1930s to his broader views on the spontaneous order of a free society. Taken togethe
