Banking, Monetary Policy and the Political Economy of Financial Regulation

Banking, Monetary Policy and the Political Economy of Financial Regulation
Author: Gerald A. Epstein
Publisher: Edward Elgar Publishing
Total Pages: 391
Release: 2014-07-31
Genre: Business & Economics
ISBN: 1783472642

The many forces that led to the economic crisis of 2008 were in fact identified, analyzed and warned against for many years before the crisis by economist Jane D�Arista, among others. Now, writing in the tradition of D�Arista's extensive work, the

Theory and Reality in Financial Economics

Theory and Reality in Financial Economics
Author: George M. Frankfurter
Publisher: World Scientific
Total Pages: 238
Release: 2007
Genre: Business & Economics
ISBN: 9812770003

The current literature on financial economics is dominated by neoclassical dogma and, supposedly, the notion of value-neutrality. However, the failure of neoclassical economics to deal with real financial phenomena suggests that this might be too simplistic of an approach. This book consists of a collection of essays dealing with financial markets'' imperfections, and the inability of neoclassical economics to deal with such imperfections. Its central argument is that financial economics, as based on the tenets of neoclassical economics, cannot answer or solve the real-life problems that people face. It also shows the direct relationship between economics and politics OCo something that is usually denied in academic models, given that science is supposed to be value-neutral. In this thought-provoking and avant-garde book, the author not only exposes what has gone wrong, but also suggests reforms to both the academic and the political-economic systems that might help make markets fair rather than efficient. Drawing on interdisciplinary fields, this book will appeal to readers who are interested in finance, economics, business, the political economy and philosophy. Sample Chapter(s). Foreword (37 KB). Chapter 1: Method and Methodology (146 KB). Contents: Method and Methodology; What is All Efficiency?; Still Autistic Finance; The Young Finance Faculty''s Guide to Publishing; Prolific Authors in Finance; For-Profit Education: An Idea That Should be Put to Rest?; Weep Not for Microsoft: Monopoly''s Fatal Exception; The Socio-Economics of Scandals; Desperately Seeking Toto; And Now for Something Entirely Different; After the Ball; Capitalism or Industrial Fiefdom; The Theory of Fair Markets (TFM): Toward a New Finance Paradigm. Readership: Graduate students of finance; students of economics, economic methodology and philosophy of science."

Fiscal Theory and Political Economy

Fiscal Theory and Political Economy
Author: James M. Buchanan
Publisher: UNC Press Books
Total Pages: 208
Release: 2014-06-30
Genre: Business & Economics
ISBN: 146961913X

This important collection of eight interrelated essays fills a gap in English-language literature in public finance and fiscal theory. The author consistently emphasizes the central role of collective decision making in fiscal theories as well as the methodological setting in which positive proportions in fiscal theory must be developed. Originally published in 1960. A UNC Press Enduring Edition -- UNC Press Enduring Editions use the latest in digital technology to make available again books from our distinguished backlist that were previously out of print. These editions are published unaltered from the original, and are presented in affordable paperback formats, bringing readers both historical and cultural value.

The Constitution of Markets

The Constitution of Markets
Author: Viktor J Vanberg
Publisher: Routledge
Total Pages: 224
Release: 2001-06-28
Genre: Business & Economics
ISBN: 1134733364

This book examines the institutional dimension of markets and the rules and institutions that condition the operation of market economies.

Why the World Economy Needs a Financial Crash and Other Critical Essays on Finance and Financial Economics

Why the World Economy Needs a Financial Crash and Other Critical Essays on Finance and Financial Economics
Author: Jan Toporowski
Publisher: Anthem Press
Total Pages: 159
Release: 2010-12
Genre: Business & Economics
ISBN: 0857286544

The essays in this volume explain the key structural features of financial inflation that give rise to financial crisis. These features include excessive reliance on finance to maintain economic activity through rising asset prices. Reliance on asset inflation induces a preoccupation with property values and a new social divide between the asset-rich and the asset-poor that undermines the culture of the welfare state. When debt can no longer be supported by cash flow from asset markets, excess debt plunges economies into economic depression.

Essays on Philosophy, Politics & Economics

Essays on Philosophy, Politics & Economics
Author: Gerald Gaus
Publisher: Stanford University Press
Total Pages: 391
Release: 2010-05-17
Genre: Business & Economics
ISBN: 0804774641

This volume brings together distinguished philosophers with interdisciplinary expertise to show how the resources of philosophy can be employed in the tasks of evaluating economics and fostering policy debates. Contributors offer analyses of basic ideas in economics, such as the notion of efficiency, "economic man", incentives, self-interest, and utility maximization. They discuss key concepts in political theory such as desert, compensation, autonomy, equality, consent or fairness. The book then offers examples of how philosophical resources can be applied to specific, timely debates, such as discrimination, affirmative action, and ethical considerations in Social Security. These applications demonstrate how philosophy, politics, and economics can be fruitfully combined, while the more theoretical chapters clarify fundamental relationships across these related disciplines. Ultimately, the text guides students and scholars in expanding their perspectives as they approach the necessarily complex research questions of today and tomorrow.