Economics in a Changed Universe

Economics in a Changed Universe

Author: Gerald L. Houseman

Publisher: Lexington Books

Published: 2008-05-29

Total Pages: 175

ISBN-13: 0739140795

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A revolution in economics, politics, and international affairs has been shaped by the new economics of information. For the first time, we are able to look at our world through a lens illuminated by a much more precise understanding of how economies work and how individuals, groups, and corporations react to them. All of the disciplines of the social sciences are affected by this development but the greatest impact we can expect will be upon public policy-making. Joseph E. Stiglitz and his fellow Nobel Prize-winners have demonstrated, with the precision and force of logic, reason, and mathematics, that the folklore of what has been regarded as 'political economy' for the past two hundred and thirty years has misled us with ideological and mystical but useless ideas such as 'free enterprise' and the immutability of market 'givens.' Houseman describes and demonstrates the new resonance, liveliness, and optimism which characterize the economics of information, calling upon his own experience with 'Third World' issues and problems. He also looks at this new (but often ignored) economics as a challenge to the existing literature of the social sciences and to the practices and assumptions of policy-makers, interest groups such as environmentalists, labor, and multinational corporations, 'think tanks,' international organizations such as the IMF and World Bank, and political activists. Effectively arguing that the changed universe of economics requires any of us concerned with world affairs to re-think and adjust our assumptions, Houseman provides us with the necessary insight to apply this new paradigm to real-world problems.


Change the Story, Change the Future

Change the Story, Change the Future

Author: David C. Korten

Publisher: Berrett-Koehler Publishers

Published: 2015-02-02

Total Pages: 181

ISBN-13: 162656292X

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The international bestselling author of When Corporations Rule the World shares a vital new vision for changing humanity’s self-destructive course. We humans live by stories, says David Korten, and the stories that now govern our society have set us on a self-destructive path. In Change the Story, Change the Future, Korten offers a new story that lets us reimagine society and navigate the critical needs of our time. Korten calls our current story Sacred Money and Markets. Money, it tells us, is the measure of all worth and the source of all happiness, while inequality and environmental destruction are unfortunate but unavoidable. Although many recognize that this story promotes bad ethics, bad science, and bad economics, it will remain our guiding story until replaced by one that aligns with our deepest understanding of the universe and our relationship to it. To guide our path to a viable human future, Korten offers a story he calls Sacred Life and Living Earth. It is grounded in a cosmology that affirms we are living beings born of a living Earth itself born of a living universe. Our health and well-being therefore depend on an economy that works in partnership with the Earth's community of life. Offering a hopeful vision, Korten lays out the transformative impact adopting this story will have on every aspect of human life and society.


Capitalism without Capital

Capitalism without Capital

Author: Jonathan Haskel

Publisher: Princeton University Press

Published: 2018-10-16

Total Pages: 292

ISBN-13: 0691183295

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Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the larger economic changes of the past decade, including the growth in economic inequality and the stagnation of productivity. Jonathan Haskel and Stian Westlake explore the unusual economic characteristics of intangible investment and discuss how an economy rich in intangibles is fundamentally different from one based on tangibles. Capitalism without Capital concludes by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies.


Trekonomics

Trekonomics

Author: Manu Saadia

Publisher: Inkshares

Published: 2016-05-31

Total Pages: 269

ISBN-13: 1941758762

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"Manu Saadia has managed to show us one more reason, perhaps the most compelling one of all, why we all need the world of Star Trek to one day become the world we live in." — Chris Black, Writer and Co-Executive Producer, Star Trek: Enterprise What would the world look like if everybody had everything they wanted or needed? Trekonomics, the premier book in financial journalist Felix Salmon's imprint PiperText, approaches scarcity economics by coming at it backwards — through thinking about a universe where scarcity does not exist. Delving deep into the details and intricacies of 24th century society, Trekonomics explores post-scarcity and whether we, as humans, are equipped for it. What are the prospects of automation and artificial intelligence? Is there really no money in Star Trek? Is Trekonomics at all possible?


The Economy

The Economy

Author: The Core Team

Publisher: Core Economics Education

Published: 2022-07

Total Pages: 0

ISBN-13: 9781838165666

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A complete introduction to economics and the economy taught in undergraduate economics and masters courses in public policy. CORE's approach to teaching economics is student-centred and motivated by real-world problems and real-world data. The only introductory economics text to equip students to address today's pressing problems by mastering the conceptual and quantitative tools of contemporary economics. THE ECONOMY: is a new approach that integrates recent developments in economics including contract theory, strategic interaction, behavioural economics, and financial instability; challenges students to address inequality, climate change, economic instability, wealth creation and innovation, and other problems; provides a unified treatment of micro- and macroeconomics; motivates all models and concepts by evidence and real-world applications.


Masters of the Universe?

Masters of the Universe?

Author: Tariq Ali

Publisher: Verso

Published: 2000

Total Pages: 454

ISBN-13: 9781859847527

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A number of distinguished dissidents voice their opinions on the intervention by NATO in the former Yugoslavia. The collection also provides background historical information on the conflict in the Balkans.


Understanding the World Economy

Understanding the World Economy

Author: Tony Cleaver

Publisher: Routledge

Published: 2013-05-02

Total Pages: 303

ISBN-13: 113619164X

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This fourth edition of Understanding the World Economy will continue to provide the reader with the clearest guide available to the global economic scene. Since the last edition was published in 2006, enormous changes have taken place. The world economy has been in upheaval with the biggest financial crash and ensuing recession since the 1930s; with a global re-ordering of economic power relations; with widespread demonstrations by those left behind; with divergent views about where Europe is heading; with a growing scarcity of essential resources; with increasing international terrorism and with increasing concerns of environmental degradation and climate change. To embrace such urgent issues, this text is an almost entirely rewritten version of earlier editions. Tony Cleaver takes a long look at the evolution of market systems and how they have liberated peoples on one side of the globe and yet driven others into debt, depression and despair. He analyses causes and consequences, and discusses (and sometimes dismisses) economic theories. Topics covered include: Why crashes occur What causes some countries to grow and others to stagnate Whether the Euro can survive The economic underpinnings of terrorism The dangers of climate change This book takes the student through the major characteristics of the global economy in jargon-free non-technical language. Chapter summary diagrams and a wealth of boxes and tables make this an essential introduction for undergraduates and A-level students, as well as the casual reader.


A World United or a World Exploited?

A World United or a World Exploited?

Author: Peter Price

Publisher: ATF Press

Published: 2014-09-01

Total Pages: 181

ISBN-13: 1922239429

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The processes of globalisation are reshaping our world dramatically and rapidly. The great issues of our day emphasise that we are all in this together: startling inequalities, pressures on the environment, continuing hunger and poverty, climate change, economic integration, mass migrations, instant communications and recurring armed conflicts.


Blown To Bits: How The New Economics Of Information Transforms Strategy

Blown To Bits: How The New Economics Of Information Transforms Strategy

Author: Evans

Publisher:

Published: 1999-10

Total Pages: 261

ISBN-13: 9780875848778

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Richness or reach? The trade-off used to be simple but absolute: Your business strategy either could focus on "rich" information - customized products and services tailored to a niche audience - or could reach out to a larger market, but with watered-down information that sacrificed richness in favor of a broad, general appeal. Much of business strategy as we know it today rests on this fundamental trade-off. Now, say Evans and Wurster, the new economics of information is eliminating the trade-off between richness and reach, blowing apart the foundations of traditional business strategy. Blown to Bits reveals how the spread of connectivity and common standards is redefining the information channels that link businesses with their customers, suppliers, and employees. Increasingly, your customers will have rich access to a universe of alternatives, your suppliers will exploit direct access to your customers, and your competitors will pick off the most profitable parts of your value chain. Your competitive advantage is up for grabs. To prepare corporate executives and entrepreneurs alike for a fundamental change in business competition, Evans and Wurster expand and illuminate groundbreaking concepts first explored in the award-winning Harvard Business Review article "Strategy and the New Economics of Information," and present a practical guide for applying them. Examples span the spectrum of industries--from financial services to health care, from consumer to industrial goods, and from media to retailing. Blown to Bits shows how to build new strategies that reflect a world in which richness and reach go hand in hand and how to make the most of the new forces shaping competitive advantage.


Changes and Challenges in the Modern World Economy

Changes and Challenges in the Modern World Economy

Author: Tomasz Rynarzewski

Publisher: Poznań University of Economics and Business

Published: 2016

Total Pages: 374

ISBN-13: 837417918X

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The book was prepared by the academics and doctoral students of the Faculty of International Business and Economics of the Poznań University of Economics and Business to celebrate the 90th anniversary of the University and the 10th anniversary of the Faculty itself. The subject of this Volume reflects the variety of issues that are researched by academics from all departments of the Faculty. The rationale for publishing this Volume was to signal current work and research progress in the area of international economics, business and management. As the title of the Volume suggests, we need to anticipate changes and implement a new approach to face the challenges in the world economy for it is transforming in an unprecedented way now, at a fast pace, and the global economic map is constantly redrawing. Papers published in this Volume are written by individual authors and workgroups. They are results of research conducted in departments and have been assigned to eight chapters discussing crucial aspects of the world economy. The deliberations are held on a micro- and macroeconomic level in both theoretical and empirical terms. We hope that the contents of individual papers will inspire both readers and authors themselves to make further studies, to carry out follow-up research, to network with one another in order to find answers to the most important problems of the world economy and international business.