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A survey of the new theories of inflation that have developed over the past two decades in response to the inflationary pressures experienced by Western countries examines the shifting debate from explaining inflation as a "causal" process to explaining its increase as a result of constantly changing expectations.
"The author puts this book in the best possible context by referring to the ""magisterial and paradoxical Dr. Schumpeter"". A figure in a rare class with John Maynard Keynes, Friedrich von Hayek, and Alfred Marshall, the work of Joseph Schumpeter is equalled only in monumental significance by his personal trials and tribulations. The work is divided into two volumes - the first covering his career in Europe and the second his life and achievements in America.Walt Rostow, in his Foreword, sums up Robert Loring Allen's achievement in biography and intellectual history thus: ""In dealing with Schumpeter's life, Allen exhibits a rare consciousness of the extraordinary complexity and only limited...
Vincent Parkin explains the nature and causes of chronic inflation in middle-income developing countries by focusing on the Brazilian experience.
This book is a comprehensive survey of 'neoinstitutional economics', which integrates different economic theories.
This classic text, which Schumpeter was working on right up until his death in 1950, provides a complete history of economic theory from Ancient Greece to the end of World War II.
Though understandably preoccupied with the immediate problems of the Great Depression, the generation of economists that came to the forefront in the 1930s also looked ahead to the long-term consequences of the crisis and proposed various solutions to prevent its recurrence. Theodore Rosenof examines the long-run theories and legacies of four of the leading members of this generation: John Maynard Keynes of Great Britain, who influenced the New Deal from afar; Alvin Hansen and Gardiner Means, who fought over the direction of New Deal policy; and Joseph Schumpeter, an opponent of the New Deal. Rosenof explores the conflicts that arose among long-run theorists, arguing that such disputes serve...
This edited collection looks at the emerging relationship between politics and economics. The papers examine power relations in the firm and the market and offer an economic perspective of political relations.
This second edition, with a greater focus on game theory, attempts to unify recent developments in economic theories of uncertainty and information for students.
In this volume eighteen scholars have contributed chapters exploring themes such as the history of economic theory, applied economics and an evaluation of Mark Perlman's written contributions