The theory of idle resources
Author: William Harold Hutt
Publisher: Ludwig von Mises Institute
Published: 1977
Total Pages: 130
ISBN-13: 1610163230
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Author: William Harold Hutt
Publisher: Ludwig von Mises Institute
Published: 1977
Total Pages: 130
ISBN-13: 1610163230
DOWNLOAD EBOOKAuthor: John Maynard Keynes
Publisher:
Published: 2013
Total Pages: 0
ISBN-13: 9781107677722
DOWNLOAD EBOOKAuthor: John Bates Clark
Publisher:
Published: 1899
Total Pages: 490
ISBN-13:
DOWNLOAD EBOOKAuthor: Richard R. Nelson
Publisher: Harvard University Press
Published: 1985-10-15
Total Pages: 456
ISBN-13: 9780674041431
DOWNLOAD EBOOKThis book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
Author: G. M. Heal
Publisher:
Published: 1993
Total Pages: 706
ISBN-13:
DOWNLOAD EBOOKThese 27 articles on the economics of exhaustible resources date from 1931 to 1991.
Author: Randall G. Holcombe
Publisher: Ludwig von Mises Institute
Published: 1999
Total Pages: 273
ISBN-13: 1610164393
DOWNLOAD EBOOKAuthor: Friedrich List
Publisher:
Published: 1904
Total Pages: 422
ISBN-13:
DOWNLOAD EBOOKAuthor: Bill Dunn
Publisher: Manchester University Press
Published: 2021-07-06
Total Pages: 437
ISBN-13: 1526154919
DOWNLOAD EBOOKKeynes was an elitist and pro-capitalist economist, whom the left should embrace with caution. But his analysis provides a concreteness missing from Marx and engages with critical issues of the modern world that Marx could not have foreseen. This book argues that a critical Marxist engagement can simultaneously increase the power of Keynes’s insight and enrich Marxism. To understand Keynes, whose work is liberally invoked but seldom read, Dunn explores him in the context of the extraordinary times in which he lived, his philosophy, and his politics. By offering a detailed overview of Keynes’s critique of mainstream economics and General Theory, Dunn argues that Keynes provides an enduringly valuable critique of orthodoxy. The book develops a Marxist appropriation of Keynes’s insights, arguing that a Marxist analysis of unemployment, capital and the role of the state can be enriched through such a critical engagement. The point is to change the world, not just to understand it. Thus the book considers the prospects of returning to Keynes, critically reviewing the practices that have come to be known as ‘Keynesianism’ and the limits of the theoretical traditions that have made claim to his legacy.
Author: Malcolm Bull
Publisher: Verso Books
Published: 2021-10-12
Total Pages: 230
ISBN-13: 1839767014
DOWNLOAD EBOOKWhat does political agency mean for those who don't know what to do or can't be bothered to do it? This book develops a novel account of collective emancipation in which freedom is achieved not through knowledge and action but via doubt and inertia. In essays that range from ancient Greece to the end of the Anthropocene, Bull addresses questions central to contemporary political theory in novel readings of texts by Aristotle, Machiavelli, Marx, and Arendt, and shows how classic philosophical problems have a bearing on issues like political protest and climate change. The result is an entirely original account of political agency for the twenty-first century in which uncertainty and idleness are limned with utopian promise.
Author: Stephanie Kelton
Publisher: PublicAffairs
Published: 2020-06-09
Total Pages: 311
ISBN-13: 1541736206
DOWNLOAD EBOOKA New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.