The Downsizing Of Economics Professors
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Author | : Steven Payson |
Publisher | : Lexington Books |
Total Pages | : 183 |
Release | : 2017-10-24 |
Genre | : Business & Economics |
ISBN | : 1498562612 |
The number of economics professors now teaching at universities will decline substantially over the next couple of decades. This will happen for one main reason—the advent of distance learning, especially in the form of Massive Open Online Courses (MOOCs), which enable a single professor to lecture to tens of thousands of students. Other academic fields will undoubtedly encounter similar reductions in their numbers of professors. However, as this book argues at several levels, academic economics is the one profession that is most qualified to study and address the topic. In this sense it is the one profession that should best recognize the economic benefits of this transition, which this book describes, and take responsibility for leading the transition among all academic fields. Unfortunately, the position espoused by several academic economists has been against this inevitable transition—a position that politically upholds their employment and the status of their institutions. They have asserted that MOOCs lower the quality of education and threaten the financial viability of traditional universities. Based on extensive evidence and analysis, however, this book argues that their position untenable. Their position is hypocritical as well, given the fact that economics professors, more than anyone else, have upheld the idea that jobs should be lost, and new ones should be gained, in response to technological changes that promote economic efficiency. There is also irony in the fact that the high tuitions required to maintain traditional classrooms effectively deny a college education to those who cannot afford it. Thus, unsound arguments that traditional lectures are needed to preserve the quality of education actually do not improve the quality of education but have the only real effect of denying education to many people who would otherwise be able to receive it. To address this topic comprehensively, the book goes deep into fundamental questions about what economics professors really do with their time and energy, and what they should be doing in the best interests of their students and of society. These are areas that the profession has needed to address for a long time, but has failed to do so.
Author | : Steven Payson |
Publisher | : Lexington Books |
Total Pages | : 182 |
Release | : 2019-07-15 |
Genre | : |
ISBN | : 9781498562621 |
This book provides a comprehensive overview and analysis of how economics professors should and will be downsized in the near future. The downsizing will occur as distance learning and Massive Open Online Courses (MOOCs) become more widely used, leading to reductions in college tuition and improvements in economics education.
Author | : David Ekerdt |
Publisher | : Columbia University Press |
Total Pages | : 157 |
Release | : 2020-06-16 |
Genre | : Social Science |
ISBN | : 0231548559 |
As life unfolds, things tend to accumulate. When older adults undergo health, residential, and marital changes, they will face a reckoning with their lifelong store of possessions—special, ordinary, and forgotten. Such a predicament now confronts tens of millions of Americans as the Baby Boom cohort passes into retirement and beyond. Despite what a thriving industry of clutter manuals tells us, for most older adults, downsizing is no simple task. Drawing on in-depth interviews with recent movers in over a hundred diverse U.S. households, David Ekerdt analyzes the downsizing process and what it says about the meaning and management of possessions. He details how households approach and accomplish downsizing, exploring the decision-making process and the effectiveness of different strategies. From an expert gerontological perspective, he considers the cognitive, physical, emotional, and social tasks that the process entails and the role of factors such as gender and class on the divestment of things. Ekerdt finds that despite the fatigue and emotional challenges people encounter, afterward they report satisfaction in having completed a downsizing and feel empowerment on the other side of the task. Offering an empathetic and practical look at one of life’s major transitions, Downsizing brings forward the voices of elders so that older adults, their families and friends, and practitioners working with older clients can understand and benefit from their experience.
Author | : Steven Payson |
Publisher | : Lexington Books |
Total Pages | : 373 |
Release | : 2017-08-18 |
Genre | : Business & Economics |
ISBN | : 0739198343 |
This book provides an eye-opening exposé on economics professors that will surely shock anyone who is not familiar with the topic, and even some of those who are familiar with it. It is critical of the behavior of economics professors, but is not critical of the field of economics itself. In fact, the book argues that it is essential for economics professors to improve in the work they perform, precisely because of the vital importance of their field. Other books that criticize economics professors typically present complex arguments that interest only the most advanced scholars. However, this book is completely different. It is written to be understandable to anyone who has with an interest in economics, regardless of their background. At the same time, the book does include the most relevant scholarly arguments—it just presents them in a manner that allows anyone to understand them. Also unlike other books on economics, How Economics Professors Can Stop Failing Us is written in the context of a genuine exposé. As such, itventures “backstage” behind the “show business” that has dominated the profession, revealing the profession’s deep, dark, (and at times rather ugly) secrets. The book is able to do this by having an author who has experienced first- hand, studied, and written on this topic area for over three decades, who has organized training seminars on it, and who has served for over a decade as the Executive Director of the Association for Integrity and Responsible Leadership in Economics. While exposing the profession’s shameful problems, the book also offers great hope in providing realistic solutions to them. One of the main solutions it proposes is for economics professors who are now failing us to follow, and learn from, those other professors who are not failing us—who have, instead, admirably upheld the principles of professional ethics and scientific integrity. In this sense, How Economics Professors Can Stop Failing Us offers the most hope, and perhaps the only hope, for economics professors to improve, and to play the responsible role that their students, their employers, and society overall, expects of them.
Author | : Thomas H. Naylor |
Publisher | : Wm. B. Eerdmans Publishing |
Total Pages | : 300 |
Release | : 1997 |
Genre | : Business & Economics |
ISBN | : 9780802843302 |
In this trenchant analysis of American society, Thomas Naylor and William Willimon take an unabashed stance against the belief that "bigger is better" and contend that there is a price to be paid for our uncritical affirmation of bigness.
Author | : William J. Baumol |
Publisher | : Russell Sage Foundation |
Total Pages | : 331 |
Release | : 2005-04-07 |
Genre | : Business & Economics |
ISBN | : 9780871541383 |
In the 1980s and early 1990s, a substantial number of U.S. companies announced major restructuring and downsizing. But we don't know exactly what changes in the U.S. and global economy triggered this phenomenon. Little research has been done on the underlying causes of downsizing. Did companies actually reduce the size of their workforces, or did they simply change the composition of their workforces by firing some kinds of workers and hiring others? Downsizing in America, one of the most comprehensive analyses of the subject to date, confronts all these questions, exploring three main issues: the extent to which firms actually downsized, the factors that triggered changes in firm size, and the consequences of downsizing. The authors show that much of the conventional wisdom regarding the spate of downsizing in the 1980s and 1990s is inaccurate. Nearly half of the large firms that announced major layoffs subsequently increased their workforce by more than 10 percent within two or three years. The only arena in which downsizing predominated appears to be the manufacturing sector-less than 20 percent of the U.S. workforce. Downsizing in America offers a range of compelling hypotheses to account for adoption of downsizing as an accepted business practice. In the short run, many companies experiencing difficulties due to decreased sales, cash flow problems, or declining securities prices reduced their workforces temporarily, expanding them again when business conditions improved. The most significant trigger leading to long-term downsizing was the rapid change in technology. Companies rid themselves of their least skilled workers and subsequently hired employees who were better prepared to work with new technology, which in some sectors reduced the size of firm at which production is most efficient. Baumol, Blinder, and Wolff also reveal what they call the dirty little secret of downsizing: it is profitable in part because it holds down wages. Downsizing in America shows that reducing employee rolls increased profits, since downsizing firms spent less money on wages relative to output, but it did not increase productivity. Nor did unions impede downsizing. The authors show that unionized industries were actually more likely to downsize in order to eliminate expensive union labor. In sum, downsizing transferred income from labor to capital-from workers to owners
Author | : Y. Ng |
Publisher | : Springer |
Total Pages | : 338 |
Release | : 2003-12-19 |
Genre | : Business & Economics |
ISBN | : 1403938377 |
This volume is a collection of selected papers using the framework of inframarginal analysis of the division of labour held at Monash University on 6-7 July 2001. This framework, pioneered mainly by Professor Xiaokai Yang, (with joint researches involving all the three editors and many of the authors), has been recommended by Professor James Buchanan (Nobel Laureate in Economics) as the most important analysis in economics in the world today.
Author | : Julie Cupples |
Publisher | : Routledge |
Total Pages | : 298 |
Release | : 2013-07-18 |
Genre | : Political Science |
ISBN | : 1136775366 |
Latin America’s diverse political and economic struggles and triumphs have captured the global imagination. The region has been a site of brutal dictators, revolutionary heroes, the Cold War struggle and as a place in which the global debt crisis has had some of its most lasting and devastating impacts. Latin America continues to undergo rapid transformation, demonstrating both inspirational change and frustrating continuities. This text provides a comprehensive introduction to Latin American development in the twenty-first century, emphasizing political, economic, social, cultural and environmental dimensions of development. It considers key challenges facing the region and the diverse ways in which its people are responding, as well as providing analysis of the ways in which such challenges and responses can be theorized. This book also explores the region’s historical trajectory, the implementation and rejection of the neoliberal model and the role played by diverse social movements. Relations of gender, class and race are considered, as well as the ways in which media and popular culture are forging new global imaginaries of the continent. The text also considers the increasing difficulties that Latin America faces in confronting climate change and environmental degradation. This accessible text gives an overarching historical and geographical analysis of the region and critical analysis of recent developments. It is accompanied by a diverse range of critical historical and contemporary case studies from all parts of the continent, providing readers with the conceptual tools required to analyse theories on Latin American development. Each chapter ends with a summary section, discussion topics, suggestions for further reading, websites and media resources. This is an indispensable resource for scholars, students and practitioners.
Author | : Robert Skidelsky |
Publisher | : Springer |
Total Pages | : 152 |
Release | : 2016-08-30 |
Genre | : Business & Economics |
ISBN | : 1137580178 |
Since the financial crisis of 2008 and the following Great Recession, there has been surprisingly little change in the systems of ideas, institutions and policies which preceded the crash and helped bring it about. 'Mainstream' economics carries on much as it did before. Despite much discussion of what went wrong, very little has substantially changed. Perhaps the answer has something to do with power; a subject on which economics is unusually quiet. Whilst economics may be able to discuss bargaining power and market power, it fails to explore the reciprocal connections between economic ideas and politics: the political power of economic ideas on the one side, and the influence of power structures on economic thought on the other. This book explores how the supposedly neutral discipline of economics does not simply describe human behaviour, but in fact shapes it.
Author | : Miroslav N. Jovanovi_ |
Publisher | : Edward Elgar Publishing |
Total Pages | : 1057 |
Release | : 2013-01-01 |
Genre | : Political Science |
ISBN | : 0857933981 |
Acclaim for the first edition: ÔThe book is essential for students in European studies, international economics and business or international relations at both graduate and postgraduate level.Õ Ð Ricardo Pinheiro-Alves, The Times Higher Education Supplement Thoroughly revised and updated, the second edition of this highly acclaimed textbook will be required reading for graduate and undergraduate students on a wide range of courses including: European economics, economic policy, European integration, European studies and international relations. Exploring the EU at an important turning point and during uncertain and turbulent times, the text will also prove an invaluable reference tool for academics and policy makers concerned with any facet of European integration. Comprehensive and accessible, this far-reaching text: ¥ provides in-depth, state-of-the-art analysis of the origins, achievements and prospects of principal EU economic policies ¥ covers all EU member countries as well as candidate countries ¥ sets scenarios for future EU policy and organisational evolution ¥ prescribes possible paths and directions for the EU, not only for economic policies but also for organisational structure; ¥ features supplementary data via a companion website. Topics explored in detail include: EU budget, competition policy, Common Agricultural Policy, fiscal integration, monetary integration, industrial policy in manufacturing and services, trade policy and international economic cooperation, regional policy, social policy, mobility of labour, energy policy, transport policy, environment policy and enlargement.