This book offers a synoptic introduction to an important chapter of Polish 20th century philosophy, by introducing the studies of Kazimierz Twardowski, Tadeusz Czeżowski, Tadeusz Kotarbiński, Władysław Tatarkiewicz, Roman Ingarden, Henryk Elzenberg, Maria Ossowska, and Józef Maria Bocheński and how they contributed to value theory, ethics and aesthetics. These philosophers differed in their more definite interests, methodological approaches, and main results and yet their investigations share a number of characteristic features. Questions of value, considered as extremely vital, are treated with care and precision. In spite of the richness of their insights and an impressive number of detailed results these philosophers refrain from hasty conclusions, trying here, as elsewhere, to conduct their studies in an intellectually and morally responsible way.
This book offers a synoptic introduction to an important chapter of Polish 20th century philosophy, by introducing the studies of Kazimierz Twardowski, Tadeusz Czeżowski, Tadeusz Kotarbiński, Władysław Tatarkiewicz, Roman Ingarden, Henryk Elzenberg, Maria Ossowska, and Józef Maria Bocheński and how they contributed to value theory, ethics and aesthetics. These philosophers differed in their more definite interests, methodological approaches, and main results and yet their investigations share a number of characteristic features. Questions of value, considered as extremely vital, are treated with care and precision. In spite of the richness of their insights and an impressive number of detailed results these philosophers refrain from hasty conclusions, trying here, as elsewhere, to conduct their studies in an intellectually and morally responsible way.
In this book, Natàlia Cantó Milà elaborates on Georg Simmel's relational approach to a theory of value, pointing at the heuristic possibilities that this approach offers to modern sociology and to a sociology of modernity. She does so by focusing on the theory of value Simmel developed in his »The Philosophy of Money«, delivering an alternative reading of this book that views its theory of value as its main axial point. Simmel's theory of value is depicted by Cantó Milà as including an intrinsically sociological aspect, since economic as well as moral, ethic and aesthetic values are conceived as resulting from human relations.
The theory of value structure concerns the meaning of “better than” and “good,” as well as the way in which values serve as a basis for rational decision making. Drawing methodologically from economics and theories of decision making, the aim of serious axiology in metaethics is to do justice to problems that have puzzled philosophers of value for centuries. Can value comparisons be cyclic? Are all values comparable with each other and can decision makers just add up different aspects of an evaluation to determine the best course of action? A Theory of Value Structure: From Values to Decisions starts with a thorough introduction to the modeling of “better than” comparisons from a normative perspective. In the philosophical part of the book, Erich H. Rast argues that aspects of “better than” comparisons can differ qualitatively so much that one aspect may outrank another. Consequently, the classical weighted sum aggregation model fails. Values cannot always be summed up and comparisons may be fundamentally noncompensatory, an indeterminacy that explains problems like the apparent nontransitivity of “better than” and hard cases in decision making. Using a lexicographic method of value comparisons, Rast develops a multidimensional theory of “better than” and shows how and to which extent it can be combined with standard methods of decision making under uncertainty by using rank-dependent utility theory.
Business sustainability is becoming increasingly difficult amongst the demands of today’s markets. By implementing new and dynamic practices, organizations can optimize their day-to-day operations and improve competitive advantage. Optimal Management Strategies in Small and Medium Enterprises is a key source on the latest innovations in enhancing all main management functions, such as working capital and marketing, and examines how to implement sustainable business management practices. Featuring extensive coverage across a range of relevant perspectives and topics, such as human resources development, market orientation, and knowledge management, this book is ideally designed for business managers, professionals, graduate students, and researchers working in the field of smaller-scale business development initiatives.
Price theory has always been and still is at the heart of economic theory. Concentrating on the primary literature, this set brings together texts of the many and often conflicting intelectual endeavours to solve this difficult economic issue.
Why is money more valuable than the paper on which it is printed? Monetarists link the value of money to its supply and demand, believing the latter depends on the total value of the commodities it circulates. According to Prabhat Patnaik, this logic is flawed. In his view, in any nonbarter economy, the value we assign to money is determined independently of its supply and demand. Through an original and provocative critique of monetarism, Patnaik advances a revolutionary understanding of macroeconomics that highlights the "propertyist" position of Karl Marx and John Maynard Keynes. Unlike the usual division between "classical" economists (e.g., David Ricardo and Marx) and the "marginalists" (e.g., Carl Menger, William Stanley Jevons, and Léon Walras), Patnaik places "monetarists," including Ricardo, on one side, while grouping propertyist writers like Marx, Keynes, and Rosa Luxemburg on the other. This second group subscribes to the idea that the value of money is given from outside the realm of supply and demand, therefore making money a form in which wealth is held. The fact that money is held as wealth in turn gives rise to the possibility of deficiency of aggregate demand under capitalism. It is no accident that this possibility was highlighted by Marx and Keynes while going largely unrecognized by Ricardo and contemporary monetarists. At the same time, Patnaik points to a weakness in the Marx-Keynes tradition namely, its lack of any satisfactory explanation of why the value of money, determined from outside the realm of supply and demand, remains relatively stable over long stretches of time. The answer to this question lies in the fact that capitalism is not a self-contained system but is born from a precapitalist setting with which it interacts and where it creates massive labor reserves that, in turn, impart stability to the value of money. Patnaik's theory of money, then, is also a theory of imperialism, and he concludes with a discussion of the contemporary international monetary system, which he terms the "oil-dollar" standard.
“By restoring morality to phenomenology, and phenomenology to East European politics, Gubser has rewritten the intellectual history of the twentieth century.” —Samuel Moyn, author of Liberalism Against Itself When future historians chronicle the twentieth century, they will see phenomenology as one of the preeminent social and ethical philosophies of its age. The phenomenological movement not only produced systematic reflection on common moral concerns such as distinguishing right from wrong and explaining the status of values; it also called on philosophy to renew European societies facing crisis, an aim that inspired thinkers in interwar Europe as well as later communist bloc dissidents. Despite this legacy, phenomenology continues to be largely discounted as esoteric and solipsistic, the last gasp of a Cartesian dream to base knowledge on the isolated rational mind. Intellectual histories tend to cite Husserl’s epistemological influence on philosophies like existentialism and deconstruction without considering his social or ethical imprint. And while a few recent scholars have begun to note phenomenology’s wider ethical resonance, especially in French social thought, its image as stubbornly academic continues to hold sway. The Far Reaches challenges that image by tracing the first history of phenomenological ethics and social thought in Central Europe, from its founders Franz Brentano and Edmund Husserl through its reception in East Central Europe by dissident thinkers such as Jan Patocka, Karol Wojtyla (Pope John Paul II), and Václav Havel. “In his fascinating and elegantly written book, Michael Gubser leads us away from intellectual history’s traditional stomping grounds in France, Germany, and the United States, and focuses on the understudied Eastern bloc.” —Edward Baring, Modern Intellectual History
Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole. This includes national, regional, and global economies. Macroeconomics and microeconomics, a pair of terms coined by Ragnar Frisch, are the two most general fields in economics. In contrast to macroeconomics, microeconomics is the branch of economics that studies the behavior of individuals and firms in making decisions and the interactions among these individuals and firms in narrowly-defined markets. Macroeconomics is the economics subfield of study that considers aggregate behaviour, i.e., the study of the sum of individual economic decisions. In other words, it is the study of the entire economy in terms of the total amount of goods and services produced, total income earned, the level of employment of productive resources, and the general behaviour of prices. Macroeconomics can be used to analyse how best to influence government policy goals. The present book provides all primary aspects of macroeconomics, elaborately. It explains the relationships between macroeconomic variables and their implications for macroeconomic policy. It also aims to develop a broad coherent framework for thinking about the fundamental problems in macroeconomics. The book has been supplemented with figures, tables and equations wherever required and presented in a lucid manner for easy understanding by the readers. The book will be found highly useful by students and teachers of economics.
