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'Professor Robin Marris, who almost thirty years ago made pioneering contributions on the theory of managerial capitalism, has now written a fascinating and highly unusual book on Keynesian macroeconomics.' - Amitava Krishna Dutt, Review of Social Economy '. . . the book provides many valuable insights for macroeconomists on both sides of the Atlantic.' - Stephen McCafferty, Journal of Economic Literature This path-breaking book - written by a leading economist - is certain to create controversy and will lead to a fundamental reassessment of Keynesian economics. Building on his previous work on modern capitalism, Robin Marris has made an important theoretical advance which will have a major impact on the economics profession.
The purpose of this book is to publish the ideas of the late Herbert Simon and sympathetic economists, on the subject of bounded rationality, economics, cognitive science and related disciplines, and to reprint some of Professor Simon's classic papers which have appeared in journals not widely read by economists. Not only on account of his Nobel Prize in Economics, but also because of the widespread applications of his ideas and theories, it is especially valuable to readers to have a book of this kind at the present time. Currently in this whole field, there is increasing emphasis on computer-related theory building. Herbert Simon, beginning from the time when microcomputers did not exist, was a pioneer of this approach. The book begins with an edited transcript of a colloquium, held between Herbert Simon and a group of Italian economists in Italy in 1988. It continues with the reprinted Simon papers and papers by three scholars, Raymond Boudon, Massimo Egidi and Riccardo Viale coming from different disciplines but holding a common interest in bounded rationality and ends with a response by a sympathetic economist, Robin Marris.
Reference book comprising a bibliography aiming to bring together secondary source interdisciplinary material on labour relations in the UK between the years 1880 and 1970 - covers employees attitudes, trade unions and employees associations, employers organizations, the labour market and working conditions, etc.
In the light of growing political and religious fundamentalism, this open access book defends the idea of freedom as paramount for the attempt to find common ethical ground in the age of globality. The book sets out to examine as yet unexhausted ways to boost the resilience of the principle of liberalism. Critically reviewing the last 200 years of the philosophy of freedom, it revises the principle of liberty in order to revive it. It discusses many different aspects that fall under its three main topics: the metaphysics of freedom, quantitative freedom and qualitative freedom. Open societies worldwide have come under increasing pressure in the last decades. The belief that politics and mark...
Maximilian Lantelme examines the historical growth and decline developments of large German family and non-family businesses between 1971 and 2011. Based on a sample of the 143 largest German companies in 1971 and in 2011, the author investigates the long-term development of each company and calculates compound annual growth rates (CAGR) to compare the developments of total sales and of the number of employees between the enterprises with the overall development of the German economy. Additionally, he presents the exit rates as well as the reasons for the downfalls of the different types of companies. The results show a superior development of family businesses especially compared to non-family businesses due to lower exit and higher growth rates. The strategic implications are that family businesses should achieve a certain corridor of growth in the long-term to secure the company’s existence over generations.
An updated revisting of the themes of Robin Marris' classic The Economic Theory of Managerial Capitalism (1964). This was widely recognised as pathbreaking as it was the first attempt by a professional economist to make a formal theory of the behaviour and growth of a large-scale 'managerial' corporation based on a realistic assessment of the sociological and institutional environment. The model determined the long-run growth rates of individual firms on the basis of the financial and market environment on the one hand and the needs, interest and aspirations of both managers and shareholders on the other. Managers in particular were shown to trade desire for growth against fear of takeover. These then novel important features of modern capitalism - mergers, takeovers and executive bonuses and the relationship between the growth of firms and the growth of the economy - have become increasingly topical. The book contains the original introduction along with reworked and updated coverage of the theoretical model, along with completely new chapters both of micro-theory and Marris' substantive response to the debate which the original book created.
Includes entries for maps and atlases.
A consolidated index to biographical sketches in current and retrospective biographical dictionaries.
Joseph E. Stiglitz là một nhà kinh tế học lỗi lạc của thế giới - người đã từng nhận giải Nobel kinh tế năm 2001. Ông cũng từng là Phó Chủ tịch Ngân hàng Thế giới và Chủ tịch Hội đồng Cố vấn Kinh tế của tổng thống Bill Clinton. Hiện ông là giáo sư kinh tế học của Đại học Columbia. Tác giả là nhà khoa học người Mỹ nhưng lại chọn cho mình một góc nhìn về toàn cầu hoá từ các nước đang phát triển. Do đó, tác phẩm đã phần nào giúp chúng ta nhìn nhận về thế giới và toàn cầu hoá một cách khoa học và khách quan. Tính khoa học và tính khách...