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Growth Cycles and Multisectoral Economics: the Goodwin Tradition
This book contains a collection of the most significant contributions to some of R.M. Goodwin's ideas, which were presented on the occasion of the outstanding economist's 73rd birthday celebrations held in Modena on February 24th, 1986. The most important feature of this book is the unique combination of papers by economists, econometricians and mathematicians. Their papers deal with the different aspects of Goodwin's celebrated models. The book is divided into three parts. The first part contains five papers which describe Goodwin's scientific life. The second part is more quantitative and contains extensions and modifications to the nonlinear model of growth cycles. The third part is an economic reflection linked to Goodwin's themes. The book presents a combination of both qualitative and quantitative contributions to Goodwin's pioneering works.
Chaotic Economic Dynamics
The new science of chaos was discovered in the analysis of weather. According to the author, economics is equally unpredictable. This book explores the way in which chaos may be used for economic analysis. The author applies the new insights of chaotic dynamics to economics. Given the unpredictable behaviour of economies, this new discipline promises much enlightenment. It has always been assumed that the highly irregular behaviour of economic time series was the consequence of extra-economic disturbances such as political decisions, trade unions, the weather, and foreign trade. Now it has become clear that there can be patterns which explain this confusing behaviour. - ;Capitalism as creative, chaotic evolution by structural change; Classical dynamics: the corn economy; The von Neumann model as a chaotic attractor; Growing in short and long waves; The structural and dynamical instability of the modern economy; An analysis of high and low growth rates; Irregular waves of growth from structural innovation; Dynamical control of economic waves by fiscal policy; A fresh look at traditional cycle models; Chaotic aperiodic behaviour from forced oscillators; Further reading; Index -
The Dynamics Of A Capitalist Economy
In this book Professor Goodwin eschewing fine-scale minutiae or classical mechanics, has addressed the big picture. His work deals with the great issues of: the class struggle a Ia Karl Marx; predator prey dramas of the Lotka- Volterra type; von Neumann's magisterial model of autonomous growth; Harrodian and Sraffian developments of Keynesian systems in their input-output aspects (or accelerator-multiplier aspects). Professor Lionello Punzo of a postwar generation provides additional chapters of multi-sector dynamics, working from and going beyond the aggregate models of Harrod, Domar, and Solow.
Remembering America
From the speechwriter and top adviser to presidents Kennedy and Johnson: A behind-the-scenes history of the most momentous decade in American politics. Richard N. Goodwin entered public service in 1958 as a law clerk for Supreme Court Associate Justice Felix Frankfurter. He left politics ten years later in the aftermath of Senator Robert F. Kennedy’s assassination. Over the course of one extraordinary decade, Goodwin orchestrated some of the noblest achievements in the history of the US government and bore witness to two of its greatest tragedies. His eloquent and inspirational memoir is one of the most captivating chronicles of those turbulent years ever published. From the Twenty-One qui...
The Hinge of the World
A play on the confrontation between Galileo and his arch-opponent, Pope Urban VIII, the head of a church threatened by Galileo's new natural science. The two men are tied by affection, but separated by doctrine.
The American Condition
Analyzes the nature and evolution of freedom in America, arguing that social fragmentation and individualism are threatening its continued existence.
Walter Lippmann
The biography of an economist whose work as a journalist helped the American public understand the economics of the Great Depression.
UKIP
The exciting inside story of the Ukip insurgency in British politics - and what it means for our understanding of the shifting political landscape of modern Britain.
Economix
Economix is an essential and accessible guide to understanding the economy and economic practices. This New York Times bestseller is a must-read for every citizen and every voter. With clear, witty writing and quirky, accessible art, this important and timely graphic novel transforms “the dismal science” of economics into a fun, fact-filled story about human nature and our attempts to make the most of what we’ve got . . . and sometimes what our neighbors have. Economix explains it all, from the beginning of Western economic thought; to markets free and otherwise; to economic failures, successes, limitations, and future possibilities. Everybody’s talking about the economy, but how can...
