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Foundations of Real-World Economics
The 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization. This textbook demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and o...
What Every Economics Student Needs to Know and Doesn't Get in the Usual Principles Text
This short book explores a core group of 40 topics that tend to go unexplored in an Introductory Economics course. Though not a replacement for an introductory text, the work is intended as a supplement to provoke further thought and discussion by juxtaposing blackboard models of the economy with empirical observations. Each chapter starts with a short "refresher" of standard neoclassical economic modelling before getting into real world economic life. Komlos shows how misleading it can be to mechanically apply the perfect competition model in an oligopolistic environment where only an insignificant share of economic activity takes place in perfectly competitive conditions. Most economics te...
Foundations of Real-World Economics
• Presents many of the microeconomic and macroeconomic theories and schools of thought not generally covered in mainstream principles of economics textbooks • Each chapter starts with a short "refresher" of standard neoclassical economic modelling before demonstrating how that model is distorted by people, problems and events in the real world to provide students with a more realistic picture of how the economy works • Updates throughout and new material on populism, racism, inequality, climate change and the covid-19 pandemic • Now has online supplements: quiz questions for students and PowerPoint slides for instructors
Nutrition and Economic Development in the Eighteenth-Century Habsburg Monarchy
John Komlos examines the industrial expansion of Austria from a fresh viewpoint and develops a new model for the industrial revolution. By integrating recent advances in the study of human biology and nutrition as they relate to physical stature, population growth, and levels of economic development, he reveals an intense Malthusian crisis in the Habsburg lands during the second half of the eighteenth century. At that time food shortages brought about by the accelerated population growth of the 1730s forced the government to adopt a reform program that opened the way for the beginning of the industrial revolution in Austria and in the Czech Crownlands. Comparing this "Austrian model" of econ...
The Chicago Guide to Your Academic Career
Is a career as a professor the right choice for you? If you are a graduate student, how can you clear the hurdles successfully and position yourself for academic employment? What's the best way to prepare for a job interview, and how can you maximize your chances of landing a job that suits you? What happens if you don't receive an offer? How does the tenure process work, and how do faculty members cope with the multiple and conflicting day-to-day demands? With a perpetually tight job market in the traditional academic fields, the road to an academic career for many aspiring scholars will often be a rocky and frustrating one. Where can they turn for good, frank answers to their questions? He...
Stature, Living Standards, and Economic Development
What can body measurements tell us about living standards in the past? In this collection of essays studying height and weight data from eighteenth- and early nineteenth-century Europe, North America, and Asia, fourteen distinguished scholars explore the relation between physical size, economic development, and standard of living among various socioeconomic groups. Analyzing the differences in physical stature by social group, gender, age, provenance, and date and place of birth, these essays illuminate urban and rural differences in well-being, explore the effects of market integration on previously agricultural societies, contrast the experiences of several segments of society, and explain the proximate causes of downturns and upswings in well-being. Particularly intriguing is the researchers' conclusion that the environment of the New World during this period was far more propitious than that of Europe, based on data showing that European aristocrats were in worse health than even the poorest members of American society.
Selected Cliometric Studies on German Economic History
Wirtschaftsgeschichtliche Forschung kann nur interdisziplin�r betrieben werden und ihre Aufgabe der Vertiefung unseres Verst�ndnisses von sozio-�konomischen Prozessen und deren Interaktion mit politischen Entwicklungen erfuellen, wenn �konomische Theorie vernuenftig angewendet wird. Zwei amerikanische Wissenschaftler, Douglas North und Robert Fogel, wurden 1993 mit dem Nobelpreis fuer Wirtschaftswissenschaften fuer ihre Pionierarbeit in Kliometrie, der Verbindung von �konomie und Geschichte, ausgezeichnet. In Nordamerika ist der Paradigmenwechsel vollst�ndig vollzogen: Kliometrie ist bereits eine �normale Wissenschaft�. Der vorliegende Band, vornehmlich von amerikanischen Gelehrten mit wirtschaftswissenschaftlichem Sachverstand geschrieben, liefert der deutschen akademischen Gemeinschaft wenig bekannte, jedoch bahnbrechende Artikel. .
The Oxford Handbook of Economics and Human Biology
The Oxford Handbook of Economics and Human Biology enhances understanding of how economic conditions influence human well-being and how human health shapes such economic outcomes as wealth. The volume contains cutting-edge reviews from the major thought leaders in the field. New insights are gained into economic history, inequality, and economic development.
The Deadly Truth
The Deadly Truth chronicles the complex interactions between disease and the peoples of America from the pre-Columbian world to the present. Grob's ultimate lesson is stark but valuable: there can be no final victory over disease. The world in which we live undergoes constant change, which in turn creates novel risks to human health and life. We conquer particular diseases, but others always arise in their stead. In a powerful challenge to our tendency to see disease as unnatural and its virtual elimination as a real possibility, Grob asserts the undeniable biological persistence of disease. Diseases ranging from malaria to cancer have shaped the social landscape--sometimes through brief, fu...
