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Turbulence in Economics
  • Language: en
  • Pages: 406

Turbulence in Economics

'It is difficult to summarize in a short space the extreme richness of this book, which involves arguments taken from physics, philosophy, history of science and epistemology, as well as economic thought and recent developments in econometrics. . . . Louçã's book makes for extremely interesting and useful reading: it provides a solid criticism of the foundations of neoclassical theory and constitutes the unavoidable starting point for any theoretical construction aiming to understand real societies. . . . The vast erudition of the author - who moves easily in many fields of the social and natural sciences - makes the book a mine of information and a valuable source of new ideas.' - Angelo ...

The Years of High Econometrics
  • Language: en
  • Pages: 401

The Years of High Econometrics

  • Type: Book
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  • Published: 1998-11-05
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  • Publisher: Routledge

A fascinating and comprehensive history, this book explores the most important transformation in twentieth century economics: the creation of econometrics. Containing fresh archival material that has not been published before and taking Ragnar Frisch as the narrator, Francisco Louca discusses both the keys events - the establishment of the Econometric Society, the Cowles Commission and the journal Econometrica – and the major players - economists like Wesley Mitchell, mathematicians like John von Neumann and statisticians like Karl Pearson - in history that shaped the development of econometrics. He discusses the evolution of their thought, detailing the debates, the quarrels and the interrogations that crystallized their work and even offers a conclusion of sorts, suggesting that some of the more influential thinkers abandoned econometrics or became critical of its development. International in scope and appeal, The Years of High Econometrics is an excellent accompaniment for students taking courses on probability, econometric methods and the history of economic thought.

As Time Goes By
  • Language: en
  • Pages: 426

As Time Goes By

  • Type: Book
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  • Published: 2001-02-15
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  • Publisher: OUP Oxford

How can we best understand the impact of revolutionary technologies on the business cycle, the economy, and society? Why is economics meaningless without history and without an understanding of institutional and technical change? Does the 'new economy' mean the 'end of history'?an we best understand the impact of revolutionary technologies on business organization and the business cycle? These are some of the questions addressed in this authoritative analysis of modern economic growth from the Industrial Revolution to the 'New Economy' of today. Chris Freeman has been one of the foremost researchers on innovation for a long time and his colleague Francisco Louçã is an outstanding historian...

The Portuguese Revolution
  • Language: en
  • Pages: 345

The Portuguese Revolution

Building on decades of research, leading scholar Ronald H. Chilcote provides a definitive analysis of the 1974-1975 Portuguese revolution, which captured global attention and continues to resonate today. His study revisits a key historical moment to explain the revolution and its aftermath through periods of authoritarianism and resistance as well as representative and popular democracy. Exploring the intertwined themes of class, state, and hegemony, Chilcote builds a powerful framework for understanding the Portuguese case as well as contemporary political economy worldwide. New to the paperback edition is an epilogue reflecting on the implications for Portugal EU membership and the Eurozone crisis.

Portugal at the Polls
  • Language: en
  • Pages: 266

Portugal at the Polls

Portugal at the Polls is a timely evaluation of the quality of Portuguese democracy. Measuring both political attitudes and electoral behavior, this volume addresses one of the most central features of democracy, the relationship between citizens and institutions. Editors Andre Freire, Marina Costa Lobo, and Pedro Magalhaes take full advantage of the first Portuguese post-electoral academic survey to complete this study. Moreover, the study theoretically analyzes the contribution of behavioral and political attitudes to the particular 2002 election as well as Portuguese democratic politics in general. While each chapter explores specific details, the chapters generally fall into one of two o...

Fictitious Capital
  • Language: en
  • Pages: 177

Fictitious Capital

  • Type: Book
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  • Published: 2017-06-06
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  • Publisher: Verso Books

How finance is a mechanism of social and political domination The 2007–08 credit crisis and the long recession that followed brutally exposed the economic and social costs of financialization. Understanding what lay behind these events, the rise of “fictitious capital” and its opaque logic, is crucial to grasping the social and political conditions under which we live. Yet, for most people, the operations of the financial system remain shrouded in mystery. In this lucid and compelling book, economist Cédric Durand offers a concise and critical introduction to the world of finance, unveiling the truth behind the credit crunch. Fictitious Capital moves beyond moralizing tales about gree...

Sectors Matter!
  • Language: en
  • Pages: 252

Sectors Matter!

Although all economic activities take place in sectors, economists often devote little attention to differences between and characteristics of sectors. This book tries to show that mesoeconomics, the economic exploration of sectors and groups, is a useful instrument of analysis between microeconomics (the analysis of markets) and macroeconomics (the analysis of economies). In order to do so, economists and social scientists from related disciplines and coming from Europe, Australia and Asia, demonstrate that sectors matter for economic development and the formation of societies. The book includes chapters with rigorous economic analysis, outlooks on economic history, and case studies in order to show the relevance of sectoral issues, this broad range of content making it likely the most comprehensive book on mesoeconomics to date.

Long Waves of Capitalist Development
  • Language: en
  • Pages: 130

Long Waves of Capitalist Development

  • Type: Book
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  • Published: 2020-05-05
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  • Publisher: Verso Books

In this revised and expanded edition of Long Waves of Capitalist Development, Ernest Mandel seeks to explain the underlying determinants of the booms and slumps of the trade cycle. Mandel first establishes that there have indeed been twenty- to twenty-five-year-long waves of capitalist expansion and contraction-and that these have persisted in the period since World War II. He then assembles evidence to show that while broad tendencies in the rate of profit have been decisive in triggering downturns, the ingredients necessary for a new upswing are, by contrast, generally political and extra-economic in character. He thereby demonstrates the falsity of neo-liberal doctrines, according to which the free market will itself generate a new formula for balanced and sustainable expansion. Long Waves of Capitalist Development not only offers a penetrating analysis of the ills that have afflicted contemporary capitalist economies but also surveys, and takes forward, one of the classical debates of modern economic history.

Low Carbon Energy Transitions
  • Language: en
  • Pages: 401

Low Carbon Energy Transitions

The world is at a pivotal crossroad in energy choices. There is a strong sense that our use of energy must be more sustainable. Moreover, many also broadly agree that a way must be found to rely increasingly on lower carbon energy sources. However, no single or clear solution exists on the means to carry out such a shift at either a national or international level. Traditional energy planning (when done) has revolved around limited cost projections that often fail to take longer term evidence and interactions of a wider set of factors into account. The good news is that evidence does exist on such change in case studies of different nations shifting toward low-carbon energy approaches. In fa...

Embodied Archive
  • Language: en
  • Pages: 283

Embodied Archive

Disability and racial difference in Mexico's early post-revolutionary period