New Ideas from Dead Economists

New Ideas from Dead Economists

Author: Todd G. Buchholz

Publisher: Penguin

Published: 2007

Total Pages: 372

ISBN-13: 9780452288447

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A reexamination of the major economic theories of the past two hundred years discusses how long-dead, famous economists such as Adam Smith and others would handle today's economic problems.


New Ideas from Dead Economists

New Ideas from Dead Economists

Author: Todd G. Buchholz

Publisher: Penguin

Published: 2021-01-26

Total Pages: 465

ISBN-13: 059318355X

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An entertaining and widely-praised introduction to great economic thinkers throughout history, now in its fourth edition, with updates and commentary on the 2020 “great cessation,” Trump and Obama economic policies, the dominance of Amazon, and many other timely topics. Through the teachings of Adam Smith, Thomas Malthus, Karl Marx, John Maynard Keynes, Milton Friedman and more, renowned economist Todd Buchholz shows how age-old ideas still apply to our modern world. In this revised edition, Buchholz offers fascinating insights on the most relevant issues of 2021: climate change, free trade debates, the refugee crisis, growth and conflict in Russia and China, game theory, and behavioral economics. New Ideas from Dead Economists—found on the desks of university students, prime ministers, and Wall Street titans—is a riveting guide to understanding both the evolution of economic theory and our complex contemporary economy.


New Ideas from Dead Economists

New Ideas from Dead Economists

Author: Todd G. Buchholz

Publisher: NAL

Published: 1990

Total Pages: 344

ISBN-13:

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Examines the theories of famous economists throughout history, reinterpreting the ideas of Adam Smith, Karl Marx, Maynard Keynes, and others in light of contemporary economic conditions.


Zombie Economics

Zombie Economics

Author: John Quiggin

Publisher: Princeton University Press

Published: 2012-05-06

Total Pages: 288

ISBN-13: 0691154546

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In the graveyard of economic ideology, dead ideas still stalk the land. The recent financial crisis laid bare many of the assumptions behind market liberalism—the theory that market-based solutions are always best, regardless of the problem. For decades, their advocates dominated mainstream economics, and their influence created a system where an unthinking faith in markets led many to view speculative investments as fundamentally safe. The crisis seemed to have killed off these ideas, but they still live on in the minds of many—members of the public, commentators, politicians, economists, and even those charged with cleaning up the mess. In Zombie Economics, John Quiggin explains how these dead ideas still walk among us—and why we must find a way to kill them once and for all if we are to avoid an even bigger financial crisis in the future. Zombie Economics takes the reader through the origins, consequences, and implosion of a system of ideas whose time has come and gone. These beliefs—that deregulation had conquered the financial cycle, that markets were always the best judge of value, that policies designed to benefit the rich made everyone better off—brought us to the brink of disaster once before, and their persistent hold on many threatens to do so again. Because these ideas will never die unless there is an alternative, Zombie Economics also looks ahead at what could replace market liberalism, arguing that a simple return to traditional Keynesian economics and the politics of the welfare state will not be enough—either to kill dead ideas, or prevent future crises. In a new chapter, Quiggin brings the book up to date with a discussion of the re-emergence of pre-Keynesian ideas about austerity and balanced budgets as a response to recession.


The Clash of Economic Ideas

The Clash of Economic Ideas

Author: Lawrence H. White

Publisher: Cambridge University Press

Published: 2012-04-16

Total Pages: 439

ISBN-13: 1107012422

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This book places economic debates in their historical context and outlines how economic ideas have influenced swings in policy.


Teachings from the Worldly Philosophy

Teachings from the Worldly Philosophy

Author: Robert L. Heilbroner

Publisher: W. W. Norton & Company

Published: 1997-04-17

Total Pages: 370

ISBN-13: 0393316076

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Presents an overview of economic thought through the writings of twenty philosophers representative of the historical development of economic theory.


What Would the Great Economists Do?

What Would the Great Economists Do?

Author: Linda Yueh

Publisher: Picador USA

Published: 2018-06-05

Total Pages: 369

ISBN-13: 1250180538

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An "exploration of the life and work of world-changing thinkers--from Adam Smith to John Maynard Keynes--and how their ideas would solve the great economic problems we face today"--Amazon.com.


Austerity

Austerity

Author: Mark Blyth

Publisher: Oxford University Press

Published: 2015

Total Pages: 305

ISBN-13: 0199389446

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In Austerity: The History of a Dangerous Idea, Mark Blyth, a renowned scholar of political economy, provides a powerful and trenchant account of the shift toward austerity policies by governments throughout the world since 2009. The issue is at the crux about how to emerge from the Great Recession, and will drive the debate for the foreseeable future.


The Ordinary Business of Life

The Ordinary Business of Life

Author: Roger E. Backhouse

Publisher: Princeton University Press

Published: 2024-01-23

Total Pages: 496

ISBN-13: 0691252017

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The classic history of economic thought through the ages—now fully updated and expanded Hesiod defined the basic economic problem as one of scarce resources, a view still held by economists today. Diocletian tried to save the Roman Empire with wage and price fixes—a strategy that has not gone entirely out of style. Roger Backhouse takes readers from the ancient world to the frontiers of game theory, mechanism design, and engagements with climate science, presenting an essential history of a discipline that economist Alfred Marshall called “the study of mankind in the ordinary business of life.” Backhouse introduces the many fascinating figures who have thought about money and markets down through the centuries—from philosophers and theologians to politicians and poets—and shows how today’s economic ideas have their origins in antiquity. This updated edition of The Ordinary Business of Life includes a new chapter on contemporary economics and the rest of the book has been thoroughly revised.


General Theory Of Employment , Interest And Money

General Theory Of Employment , Interest And Money

Author: John Maynard Keynes

Publisher: Atlantic Publishers & Dist

Published: 2016-04

Total Pages: 410

ISBN-13: 9788126905911

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John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is undoubtedly the century's most important book on economics--strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation's economic life. Keynes's work has undergone significant revaluation in recent years, and "Keynesian" views which have been widely defended for so long are now perceived as at odds with Keynes's own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes's works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the * to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning