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Hayek and Natural Law
  • Language: en
  • Pages: 157

Hayek and Natural Law

  • Type: Book
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  • Published: 2007-04-05
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  • Publisher: Routledge

Providing a radical new reading of Hayek's life and work, this new book, by an important Hayekian scholar, dispels many of the mysteries surrounding one of the most prominent economists and political philosophers of the twentieth century. Angner argues that Hayek's work should be seen as continuous with the Natural Law tradition, going on to analyze the response to his work and explain why some have found his ideas so attractive and why others have found them so unpersuasive. The book develops novel accounts of his thought on: spontaneous order information and coordination cultural evolution. This fresh and incisive analysis is the perfect introduction to Hayek's thought for academics involved with philosophical economics and the history of economic ideas as well as for scholars of all levels seeking a new interpretation or deeper understanding of the origins of his work.

Renaissance in Behavioral Economics
  • Language: en
  • Pages: 249

Renaissance in Behavioral Economics

  • Type: Book
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  • Published: 2007-06-14
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  • Publisher: Routledge

Economists working on behavioral economics have been awarded the Nobel Prize four times in recent years. This book explores this innovative area and in particular focuses on the work of Harvey Leibenstein, one of the pioneers of the discipline. The topics covered in the book include agency theory; dynamic efficiency; evolutionary economics; X-efficiency; the effect of emotions, specifically affect on decision-making; market pricing; experimental economics; human resource management; the Carnegie School, and intra-industry efficiency in less developed countries.

Economic Complexity and Equilibrium Illusion
  • Language: en
  • Pages: 585

Economic Complexity and Equilibrium Illusion

  • Type: Book
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  • Published: 2010-04-05
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  • Publisher: Routledge

The Principle of Large Numbers indicates that macro fluctuations have weak microfoundations; persistent business cycles and interrupted technologies can be better characterized by macro vitality and meso foundations. Economic growth is limited by market extent and ecological constraints. The trade-off between stability and complexity is the foundation of cultural diversity and mixed economies. The new science of complexity sheds light on the sources of economic instability and complexity. This book consists of the major work of Professor Ping Chen, a pioneer in studying economic chaos and economic complexity. They are selected from works completed since 1987, including original research on t...

The Political Economy and Media Coverage of the European Economic Crisis
  • Language: en
  • Pages: 235

The Political Economy and Media Coverage of the European Economic Crisis

  • Type: Book
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  • Published: 2014-08-27
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  • Publisher: Routledge

The European economic crisis has been ongoing since 2008 and while austerity has spread over the continent, it has failed to revive economies. The media have played an important ideological role in presenting the policies of economic and political elites in a favourable light, even if the latter’s aim has been to shift the burden of adjustment onto citizens. This book explains how and why, using a critical political economic perspective and focusing on the case of Ireland. Throughout, Ireland is compared with contemporary and historical examples to contextualise the arguments made. The book covers the housing bubble that led to the crash, the rescue of financial institutions by the state, the role of the European institutions and the International Monetary Fund, austerity, and the possibility of leaving the eurozone for Europe’s peripheral countries. Through a systematic analysis of Ireland’s main newspapers, it is argued that the media reflect elite views and interests and downplay alternative policies that could lead to more progressive responses to the crisis.

Economics, Sustainability, and Democracy
  • Language: en
  • Pages: 306

Economics, Sustainability, and Democracy

  • Type: Book
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  • Published: 2013
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  • Publisher: Routledge

This text argues that the major economic problems of the present century involve issues of public goods and common pool resources with which orthodox economic theory, based as it is on private markets, is ill-equipped to deal.

Information Technology and Socialist Construction
  • Language: en
  • Pages: 293

Information Technology and Socialist Construction

  • Type: Book
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  • Published: 2014-05-09
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  • Publisher: Routledge

The failure of command central planning in the twentieth century has led to a general disillusionment within the socialist movement worldwide. Some alternatives to capitalism have been proposed since the end of the Cold War, but none has offered an alternative form of economic calculation. This book explains how modern information technology may be used to implement a new method of economic calculation that could bring an end to capitalism and make socialism possible. In this book, the author critically examines a number of socialist proposals that have been put forward since the end of the Cold War. It is shown that although these proposals have many merits, their inability effectively to i...

Support-bargaining, Economics, and Society
  • Language: en
  • Pages: 314

Support-bargaining, Economics, and Society

  • Type: Book
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  • Published: 2013
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  • Publisher: Routledge

'Support-Bargaining, Economics and Society links support-bargaining to Darwin's theory of natural selection and traces the implications of support-bargaining and money-bargaining across society. It provides a wholly different account of the functioning of human societies from anything that has gone before. Social scientists, ever since there have been such people, have missed the crucial human characteristic - the propensity to seek support - that has given rise to group formation and the myriad activities that are feasible in groups.

Civil Society, the Third Sector and Social Enterprise
  • Language: en
  • Pages: 281

Civil Society, the Third Sector and Social Enterprise

  • Type: Book
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  • Published: 2015-04-24
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  • Publisher: Routledge

If the twentieth century was only focused on the complementarity and the opposition of market and state, the twenty-first century has now to deal with the prominence of the third sector, the emergence of social enterprises and other solidarity hybrid forms. The concept of civil society organisations (CSOs) spans this diversity and addresses this new complexity. The first part of the book highlights the organizational dimensions of CSOs and analyses the growing role of management models and their limits. Too often, the study of CSO governance has been centered on the role of the board and has not sufficiently taken into account the different types of accountability environments. Thus, the con...

The Keynesian Multiplier
  • Language: en
  • Pages: 221

The Keynesian Multiplier

  • Type: Book
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  • Published: 2008-05-25
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  • Publisher: Routledge

Keynes' notion of "the multiplier" is central to the General Theory. The only book to tackle this important subject, The Keynesian Multiplier is sure to be a hit with macroeconomists everywhere.

A Political Economy of Contemporary Capitalism and its Crisis
  • Language: en
  • Pages: 289

A Political Economy of Contemporary Capitalism and its Crisis

  • Type: Book
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  • Published: 2013-06-19
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  • Publisher: Routledge

The recent financial meltdown and the resulting global recession have rekindled debates regarding the nature of contemporary capitalism. This book analyses the ongoing financialization of the economy as a development within capitalism, and explores the ways in which it has changed the organization of capitalist power. The authors offer an interpretation of the role of the financial sphere which displays a striking contrast to the majority of contemporary heterodox approaches. Their interpretation stresses the crucial role of financial derivatives in the contemporary organization of capitalist power relations, arguing that the process of financialization is in fact entirely unthinkable in the absence of derivatives. The book also uses Marx’s concepts and some of the arguments developed in the framework of the historic Marxist controversies on economic crises in order to gain an insight into the modern neoliberal form of capitalism and the recent financial crisis. Employing a series of international case studies, this book will be essential reading for all those with an interest in the financial crisis, and all those seeking to comprehend the workings of capitalism.