Macroeconomic Thinking And The Market Economy
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Macro-economic Thinking and the Market Economy
Author | : Ludwig M. Lachmann |
Publisher | : |
Total Pages | : 64 |
Release | : 1973 |
Genre | : Business & Economics |
ISBN | : |
Revised Ger. translation published in 1975 under title: Makroökonomischer Formalismus und die Marktwirtschaft. Bibliography: p. 55-56.
How China Escaped Shock Therapy
Author | : Isabella M. Weber |
Publisher | : Routledge |
Total Pages | : 256 |
Release | : 2021-05-26 |
Genre | : Business & Economics |
ISBN | : 042995395X |
China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization—but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without.
Macro-economic Thinking and the Market Economy
Author | : Ludwig Maurits Lachmann |
Publisher | : |
Total Pages | : 0 |
Release | : 1973 |
Genre | : |
ISBN | : 9780255360432 |
A Guide to Everyday Economic Thinking
Author | : Martin Gerhard Giesbrecht |
Publisher | : McGraw-Hill/Irwin |
Total Pages | : 150 |
Release | : 1997 |
Genre | : Business & Economics |
ISBN | : |
This brief paperback is perfect for anyone who wants a quick introduction to microeconomic principles as well as a concise overview of American economic history and current social and economic issues. The authors explain both "the economic way of thinking" -- the common threads, such as the power of choice, that tie our many disparate views together -- and why the economist's way of looking at things is so important today.
Seven Schools of Macroeconomic Thought
Author | : Edmund S. Phelps |
Publisher | : Clarendon Press |
Total Pages | : 124 |
Release | : 1990-05-17 |
Genre | : Business & Economics |
ISBN | : 0191521280 |
This book offers an excellent survey of various macroeconomic topics which feature prominently in the research agenda and have inspired both theoretical and policy debate. The book presents an authoritative and comprehensive summary and original critique of modern macroeconomic approaches by a scholar whose own contribution to the field is considerable. In each of his seven chapters, the author reviews one school of economic thought. These are: the Keynesian school of macroeconomics; the monetarist school; the New Classical school; the New-Keynesian school; supply side macroeconomics, and `non-monetary' models of macroeconomics - the real business cycle theory and the `structuralist school' which views changes in unemployment as the outcome of shifts in the structural characteristics of the economy. The book is the text of the first series of Ryde Lectures, established by Lund University in Sweden.
Economic Thinking for the Theologically Minded
Author | : Samuel Gregg |
Publisher | : University Press of America |
Total Pages | : 174 |
Release | : 2001 |
Genre | : Business & Economics |
ISBN | : 9780761820970 |
Economic Thinking for the Theologically Minded provides an introduction to what has been called 'the economic way of thinking, ' which explains some of the critical concepts and foundational assumptions employed in economics. To communicate these ideas effectively to those engaged in theological studies, this book avoids using unnecessary technical terminology. These concepts are then subject to analysis from the standpoint of Christian ethics, with emphasis placed upon the often-unsuspected degree of agreement between economics and Christian belief about the nature of the person. The second half of the book consists of a collection of selections from classical economic texts, representing a range of authors from a variety of schools of thought. These selections have been arranged around ten key concepts, each of which attempts to deepen understanding of various ideas presented in the book's first half
Interpreting Macroeconomics
Author | : Roger E. Backhouse |
Publisher | : Routledge |
Total Pages | : 250 |
Release | : 2012-10-12 |
Genre | : Business & Economics |
ISBN | : 1134741065 |
Interpreting Macroeconomics explores a variety of different approaches to macroeconomic thought. The book considers a number of historiographical and methodological positions, as well as analyzing various important episodes in the development of macroeconomics, before during and after the Keynesian revolution. Roger Backhouse shows that the full richness of these developments can only by brought out by approaches which blend both relativism and absolutism, and historical and rational reconstructions. Examples discussed include Hobson, Keynes and Friedman.
Macroeconomic Inequality from Reagan to Trump
Author | : Lance Taylor |
Publisher | : Cambridge University Press |
Total Pages | : 145 |
Release | : 2020-08-20 |
Genre | : Business & Economics |
ISBN | : 1108494633 |
An innovative approach to measuring inequality providing the first full integration of distributional and macro level data for the US.
How the Economy Works
Author | : Roger E. A. Farmer |
Publisher | : Oxford University Press |
Total Pages | : 209 |
Release | : 2010-04-08 |
Genre | : Business & Economics |
ISBN | : 0199756376 |
"Of all the economic bubbles that have been pricked," the editors of The Economist recently observed, "few have burst more spectacularly than the reputation of economics itself." Indeed, the financial crisis that crested in 2008 destroyed the credibility of the economic thinking that had guided policymakers for a generation. But what will take its place? In How the Economy Works, one of our leading economists provides a jargon-free exploration of the current crisis, offering a powerful argument for how economics must change to get us out of it. Roger E. A. Farmer traces the swings between classical and Keynesian economics since the early twentieth century, gracefully explaining the elements of both theories. During the Great Depression, Keynes challenged the longstanding idea that an economy was a self-correcting mechanism; but his school gave way to a resurgence of classical economics in the 1970s-a rise that ended with the current crisis. Rather than simply allowing the pendulum to swing back, Farmer writes, we must synthesize the two. From classical economics, he takes the idea that a sound theory must explain how individuals behave-how our collective choices shape the economy. From Keynesian economics, he adopts the principle that markets do not always work well, that capitalism needs some guidance. The goal, he writes, is to correct the excesses of a free-market economy without stifling entrepreneurship and instituting central planning. Recent events have shown that we cannot afford to treat economics as an ivory-tower abstraction. It has a direct impact on our lives by guiding regulators and policymakers as they make decisions with far-reaching practical consequences. Written in clear, accessible language, How the Economy Works makes an argument that no one should ignore.