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A timely exploration of the life and work of twelve world-changing thinkers and how their ideas would solve the great economic problems we face today. A Newsweek "Best 50 Books of the Year (So Far)" Pick "A highly accessible and acute guide to thinking and learning from the men and woman whose work can inform and ultimately aid us in understanding the great national and global crises we're living through." —Nouriel Roubini, author of the New York Times bestselling Crisis Economics: A Crash Course in the Future of Finance Since the days of Adam Smith, economists have grappled with a series of familiar problems – but often their ideas are hard to digest, even before we try to apply them to...
A comprehensive four-volume resource that explains more than 800 topics within the foundations of economics, macroeconomics, microeconomics, and global economics, all presented in an easy-to-read format. As the global economy becomes increasingly complex, interconnected, and therefore relevant to each individual, in every country, it becomes more important to be economically literate—to gain an understanding of how things work beyond the microcosm of the economic needs of a single individual or family unit. This expansive reference set serves to establish basic economic literacy of students and researchers, providing more than 800 objective and factually driven entries on all the major the...
How mainstream economics lost touch with reality People in power tell us that growth is the surest path to a better life. This idea has shaped policy across the globe for over two hundred years, promising economic benefits to the many, without sacrifices. We have clung to this promise while witnessing the collapse of natural ecosystems necessary to sustain human life, quietly resisting any correlation between the two. Meanwhile, scientists were busy confirming a direct link between our growing commercial footprint and ecological destruction. By divorcing the idea of growth from the realities faced by most people alive today, politicians have only exacerbated critical issues of the day: monopoly power, worker exploitation, resource wars and the rich–poor divide. Tracing the long battle to put a price on our planet, Christopher Jones offers hope for the future. Humans have not always believed that economic growth should be infinite. We can still create new ideas about how to promote environmental sustainability, human welfare, and even responsible growth, with the wellbeing of the planet in mind.
This book examines the history of economic thought and of political economy over the past 250 years. It presents an accessible introduction to the lives and ideas of some of economics' most prominent theoreticians, including at least one representative of each major school of economic thought. Additionally, learning objectives, summaries, key takeaways, and revision questions are included to facilitate learning and self-assessment. The concise nature of this book makes it an easy-to-use guide to the early pioneers of political economy (Smith, Ricardo, Marx, Walras), the 20th century innovators of economics (Keynes, Schumpeter, Hayek, Friedman, Solow), or the more recent research in the discipline (Nash, Sen, Stiglitz, Krugman). Those interested in the history of economic thought will find this book to be an invaluable resource.
The boundary between economics and sociology is presently being redefined--but how, why, and by whom? Richard Swedberg answers these questions in this thought-provoking book of conversations with well-known economists and sociologists. Among the economists interviewed are Gary Becker, Amartya Sen, Kenneth Arrow, and Albert O. Hirschman; the sociologists include Daniel Bell, Harrison White, James Coleman, and Mark Granovetter. The picture that emerges is that economists and sociologists have paid little attention to each other during most of the twentieth century: social problems have been analyzed as if they had no economic dimension and economic problems as if they had no social dimension. ...
Who are the individuals whose novel ideas, writings, and philosophies have influenced economics throughout history—and in doing so, have helped change the world? This encyclopedia provides a readable study of economics by examining the great economists themselves. This book presents biographies of 200 economic thinkers throughout history, supplying a one-stop reference about the men and women whose ideas, writings, and philosophies created the foundation of our current understanding of economics. Depicting their subjects within the contexts of history, development economics, and econometrics, these biographies provide an insightful overview of the world of economics through the economists ...
The Language of Climate Politics offers readers new ways to talk about the climate crisis that will help get fossil fuels out of our economy and save our planet. It's an analysis of the current discourse of American climate politics, but also a critical history of the terms that most directly influence the way not just conservatives but centrists on both sides of the political divide think and talk about climate change. In showing how those terms lead to mistaken beliefs about climate change and its solutions, the book equips readers with a new vocabulary that will enable them to neutralize climate propaganda and fight more effectively for a livable future.
Nobel laureate Solow shows how Kenneth J. Arrow's classic paper "The Economic Implications of Learning by Doing" fits into the modern theory of economic growth, and uses it as a springboard for a critical consideration of spectacular recent developments that have made growth theory a dynamic topic today.
First Published in 1998. Routledge is an imprint of Taylor & Francis, an informa company.