Economic Efficiency and Social Welfare (Routledge Revivals)

Economic Efficiency and Social Welfare (Routledge Revivals)
Author: E. J. Mishan
Publisher: Routledge
Total Pages: 293
Release: 2013-05-13
Genre: Business & Economics
ISBN: 1136629556

First published in 1981, Professor Mishan’s Economic Efficiency and Social Welfare: Selected Essays on Fundamental Aspects of the Economic Theory of Social Welfare is a collection of 22 pioneering essays written while the author was teaching at the London School of Economics and chosen to indicate landmarks in the development of his own thought. Professor Mishan, who also enjoys an international reputation as a popular writer on the impact of modern economic growth on social welfare, is among the foremost authorities in the field of resource allocation, and his influence in his subject area has been profound. Mishan’s essays, while generally accessible to the layman due to the author’s lucidity, his economy in the use of mathematical notation and his concern with perspective, are invaluable reading for the economics undergraduate. The essays are particularly relevant to upper level students of project appraisal, welfare economics and cost benefit analysis requiring a coherent survey of their field of study.

Regional Integration in the Middle East and North Africa

Regional Integration in the Middle East and North Africa
Author: Tarik Oumazzane
Publisher: Springer Nature
Total Pages: 228
Release: 2021-03-25
Genre: Political Science
ISBN: 9813364521

This book analyses and assesses the Agadir Agreement’s impact on economic integration, its effect on political cooperation, and its role in promoting peace between participating countries in the Middle East and North Africa (MENA). Since the ‘Arab Spring’ of 2011, the geo-political situation in MENA has further drifted towards instability and uncertainty. Expert analysis of the region seems to lurch from one crisis to another without moving beyond a focus on conflict. Few scholars have recognised that the MENA governments have long regarded regional economic integration as a chief policy objective to facilitate intra-regional trade and promote political cooperation and peace. Realising the shortcomings of the various integrative processes, Morocco, Tunisia, Egypt and Jordan signed the Agadir Agreement in 2004. To this date, it stands as one of the most significant economic agreements in the MENA region. Taking into account this variety of factors, this book offers a new assessment of the pull between unity and disunity in the Middle East and North Africa region

Efficiency, Equality and the Ownership of Property (Routledge Revivals)

Efficiency, Equality and the Ownership of Property (Routledge Revivals)
Author: James E. Meade
Publisher: Routledge
Total Pages: 97
Release: 2013-05-13
Genre: Business & Economics
ISBN: 1136258876

First published in 1964, this is a study of the extreme inequalities in the ownership of property, in economies across the globe. Professor Meade examines in depth the economic, demographic and social factors which lead to such inequalities. He considers a wide range of remedial policies – educational development, reformed death duties and capital taxes, demographic policies, trade union action, the socialization of property, the development of a property-owning democracy, the expansion of the welfare state. The argument is expressed in precise analytical terms, but the main exposition is free of mathematics and technical jargon and is designed for the interested layman as well as the economist.

Introduction to Political Economy (Routledge Revivals)

Introduction to Political Economy (Routledge Revivals)
Author: E. J. Mishan
Publisher: Routledge
Total Pages: 275
Release: 2013-05-13
Genre: Business & Economics
ISBN: 1136586458

First published in 1982, Introduction to Political Economy is a clear and concise introduction to the normative aspects of economics by one of the world’s leading authorities on the subject. In this highly readable book, Professor Mishan takes the student to the heart of the subject without recourse to algebra and with only the simplest of diagrams. The author carefully distinguishes the various meanings of the terms political economy, normative economics, welfare economics and allocative economics. He considers the standard allocation rules and the crucial concepts of consumer surplus and rent, which are so important to cost-benefit analysis, while then going on to resolve the paradoxes of the efficiency criterion. Lastly, Professor Mishan assesses both the social worth of radical conservatism, which is associated with the Chicago School of Economics, and the relevance of the modern theory of welfare economics to social welfare.

Was Stalin Really Necessary?

Was Stalin Really Necessary?
Author: Alec Nove
Publisher: Routledge
Total Pages: 285
Release: 2014-07-11
Genre: Business & Economics
ISBN: 1136629475

First published in 1964, Was Stalin Really Necessary? is a thought-provoking work which deals with many aspects of the Soviet political economy, planning problems and statistics. Professor Nove starts with an attempt to evaluate the rationality of Stalinism and discusses the possible political consequences of the search for greater economic efficiency, which is followed by a controversial discussion of Kremlinology. The author goes on to analyse the situation of the peasants as reflected in literary journals, then looks at industrial and agricultural problems. There are elaborate statistical surveys of occupational patterns and the purchasing power of wages, followed by an examination of the irrational statistical reflection of irrational economic decisions. Professor Nove’s essay on social welfare was, unlike some of his other work, used in the Soviet press as evidence against over-enthusiastic cold-warriors, among whom the author was not always popular. Finally, the author seeks to generalise about the evolution of world communism.

Economic Growth in Britain and France 1780-1914 (Routledge Revivals)

Economic Growth in Britain and France 1780-1914 (Routledge Revivals)
Author: Patrick O'Brien
Publisher: Routledge
Total Pages: 210
Release: 2012-11-12
Genre: Business & Economics
ISBN: 1136629408

First published in 1978, Professor O’Brien’s Economic Growth in Britain and France 1780-1914 is an original and pioneering exercise in comparative and quantitative economic history. It finds a controversial place in the debate on the question of French retardation in the 19th century and as a brave and important contribution towards the understanding of economic growth in Western Europe. The author attempts to comprehend and evaluate the economic performance of France through explicit comparisons with Britain, while considering British economic history from a French perspective. Challenging the orthodox view that France lagged behind Britain in economic terms, the book argues that there were two paths of economic growth to the 20th century, with France’s path seen as a more humane and no less efficient transition to industrial society.

Revival: Society in the Making: Hungarian Social and Societal Policy, 1945-75 (1979)

Revival: Society in the Making: Hungarian Social and Societal Policy, 1945-75 (1979)
Author: Zsuzsa Ferge
Publisher: Routledge
Total Pages: 223
Release: 2018-07-06
Genre: Social Science
ISBN: 1351696971

This title was first published in 1979. This important book is the product of a remarkable experience. A sociologist domiciled in Hungary, the author has intermittently taught and studied in France, Britain and the United States. Few social scientists of the post-Second World War generation have had this range of experience. And, as we know from the history of theoretical physics, psychoanalysis, economic and other fields, Hungary is the incubator of great talents. A Society in the Making can be read on three levels: as a study of Hungarian social structure, as a case-study in comparative social policy, or as a contribution to the theory of social policy. As a study of Hungary, the author's book is one of the small but growing number of analyses of Eastern Europe and the Soviet Union which avoid denunciamentos and apologetics. It is a sympathetically critical account (as she says 'In social science, there is no neutral act') from which much can be learned.

Revival: The Third Way Transformation of Social Democracy (2002)

Revival: The Third Way Transformation of Social Democracy (2002)
Author: Oliver Schmidtke
Publisher: Routledge
Total Pages: 408
Release: 2017-07-12
Genre: Political Science
ISBN: 1351762958

This title was first published in 2002. This multi-faceted account of the transformation of social democracy in Europe provides a unique critical discussion of the normative claims and the key policy initiatives that characterize Third Way politics. Designed to cover a broad range of aspects, this text provides fresh understanding of the transformation of social democratic politics in a globalizing world. Including accounts of the changes in the socio-political environment in which the New Social Democracy operates, the socio-cultural roots of Third Way politics and the underlying political and ideological shift of the contemporary established left, this text offers comparative insights into national case studies and an interpretative framework for the transformation that this political force has undergone in recent years. The reader will benefit from this book’s expert and easily accessible multi-faceted approach to one of the key political issues in contemporary Western societies.

The Just Economy

The Just Economy
Author: James E. Meade
Publisher: Routledge
Total Pages: 246
Release: 2012-12-12
Genre: Business & Economics
ISBN: 1136258523

First published in 1979, this fourth part of Principles of Political Economy applies the tools of economic analysis to the distribution of income and property. Professor Meade considers the problems of making interpersonal comparisons of welfare and of distinguishing between the efficiency and distributional aspects of changes in social welfare. He analyses the possible criteria for redistribution as between rich and poor members of the same generation, as between present and future generations, and – in the context of demographic policies – as between the born and the unborn. Special attention is given to the social factors (such as assortative mating, differential fertility, and laws and customs relating to the inheritance of property) in explaining the persistence of economic inequalities, and to the various forms of economic policy which may be devised for the reduction of such inequalities. An extensive mathematical model of the dynamics of social welfare in a second-best economy is appended.