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Over the last few decades, there has been a great deal of management literature recommending the removal of firms hierarchies and the empowerment of employees. Ivan Pongracic, Jr. examines these themes through the lenses of the economic theory of the firm. Balancing the tendency for management literature to overlook basic costs and trade-offs of decentralization, and the rigidity of economics that hinders an appreciation for the real world phenomenon of decentralization, this book arrives at a realistic middle ground between the two extremes. The dance between hierarchy and employee empowerment exists in even the most hierarchical firms, and this book explores this often overlooked dynamic. ...
This highly topical book presents a new theory on the characteristics of entrepreneurial knowledge. It explores the recent shift among professional economists and scholars in their evaluation of the debate of socialism. Socialism, Economic Calculation and Entrepreneurship presents an application of Israel M. Kirzner's theory of entrepreneurship to the theory of the impossibility of socialism. It discusses the influence of the fall of socialism, with particular reference to the evolution of economic thought.
Examines the relevance and significance of Hayek's cognitive psychology for economics and social science.
The substantial prosperity that characterizes market economies at the beginning of the twenty-first century is relatively recent in human history. Prior to the Industrial Revolution, economic progress was so slow that people would not have been able to recognize it in their lifetimes, whereas today, economic progress is so much a part of people’s lives that they take it for granted. In this new volume, Randall G. Holcombe argues that economic analysis, as it developed through the twentieth century, relies heavily on concepts of economic equilibrium, and is not descriptive of the dynamic real-world economy that is characterized by economic progress. Even in dynamic settings, economic models...
A revised & expanded examination of the words and ideas of the man of letters and drummer extraordinaire of the rock band Rush. In January 2020, the world lost not only one of the greatest drummers, but also one of the most insightful lyricists. And a brilliant writer. Though Neil Peart was universally lauded as drummer for legendary rock band Rush, few studies have been devoted to his writings. Yet, Peart was very much a man of his words. He wrote lyrics, travelogues, essays, cultural criticism, short stories, and fantasy novels. The themes in his writings are timeless: personal journeys, exploration, excellence, growth, philosophy, art, satisfaction and happiness, religion, politics, indiv...
Cultural disorientation has become pandemic. Children act like adults and adults act like children. Mother Earth is worshiped but motherhood is despised. Free speech may get you free room and board in jail. Life is denied and death is affirmed. Dictators are treasured but duly elected leaders are treated with contempt. Honest men are smeared while thugs are celebrated. Our nation suffers from an epidemic of "upside-down thinking" and we are poorer and weaker for it. That is the central premise of this new book by Rod Parsley. With a tone that is mildly satirical, Parsley uses humor and good-natured mockery liberally to poke fun at the absurdity of the twisted positions held by so many cultural elites. Good and evil, right and wrong, tragic and heroic--these were at one time well-defined terms in our cultural lexicon. Yet what was then obvious has now become obscure, and it requires an unashamedly bold and independent observer to point out just how upside down we have become. Rod Parsley not only describes a culture that has lost its way but also provides a way forward upright and facing true north.
The Congressional Record is the official record of the proceedings and debates of the United States Congress. It is published daily when Congress is in session. The Congressional Record began publication in 1873. Debates for sessions prior to 1873 are recorded in The Debates and Proceedings in the Congress of the United States (1789-1824), the Register of Debates in Congress (1824-1837), and the Congressional Globe (1833-1873)
The Evolution of Scientific Knowledge aims to reach a unique understanding of science with the help of economic and sociological theories. The economic theories used are institutionalist and evolutionary. The sociological theories draw from the type of work on social studies of science that have, in recent decades, transformed our picture of science and technology.
Have you noticed that America is not well and, increasingly, her citizens are succumbing to despair? The American dream is rapidly evaporating. Is this a permanent or temporary condition? The America of our youth is fading. In these pages are a quest for answers built on the foundation of research, analysis and writings of countless others. No matter your political persuasion, this book will speak to you of how these difficult times came upon us and what we can do to turn the tide for a better future. George Burns is a retired Department of the Army civilian who served in numerous training and education assignments in Germany and the United States. He retired as the Director, Plans and Communications for the Army Training Support Center. He holds a BA degree from Pfeiffer College and a MEd degree from Boston University. He and his wife Sigi live in the beautiful surroundings of and amidst the wonderful people of Perry County, Pennsylvania. They are the proud parents of two grown daughters and two delightful grandchildren.