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Whither Socialism?
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Joseph E Stiglitz
The rapid collapse of socialism has raised new economic policy questions and revived old theoretical issues. In this book, Joseph Stiglitz explains how the neoclassical, or Walrasian model (the formal articulation of Adam Smith's invisible hand), which has dominated economic thought over the past half century, may have wrongly encouraged the ...
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The Capitalist Alternative: An Introduction to Neo-Austrian Economics
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Alexander H Shand
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Principles of Economics
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Lawrence A Boland, Boland Lawrence
Should we accept the principles of neoclassical economics? The Principles of Economics attempts to develop effective critiques of neoclassical economics and it is primarily directed towards the neoclassical economist. The focus of the critiques are the foundations of neoclassical theory, beginning with those Marshall identified as the Principles ...
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Essential Microeconomics for Public Policy Analysis
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John M Levy
John Levy's text presents microeconomic theory for use in analyzing and formulating public policy. It couples a direct and non-intimidating approach to essential theory with a presentation that is sophisticated at the policy level. It does not attempt to cover the entire body of economic theory, but rather presents those elements of theory most ...
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Corruption of Economics
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Mason Gaffney, PH.D., Fred Harrison
Condemning the post-industrial economy to protracted periods of economic failure, this thought-provoking book documents how the integrity of economics as a discipline was deliberately compromised in the United States towards the end of the 19th century. Several chairs of economics were funded at leading universities to rebrand economics to justify ...
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Shoveling Fuel for a Runaway Train: Errant Economists
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Dr. Brian Czech
Americans have been conditioned to appreciate, cheer, and serve economic growth. Brian Czech argues that, while economic growth was a good thing for much of American history, somewhere along the way it turned bad, depleting resources, polluting the environment, and threatening posterity. Yet growth remains a top priority of the public and polity. ...
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Economics
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Xiaokai Yang
This innovative text ushers in a new way of examining basic economic issues. It teaches economics from a different standpoint, using a division-of-labor theme to eliminate the need for a dichotomy between microeconomics and macroeconomics. This text shows how resource allocation and levels of division of labor are determining factors for demand ...
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Shoveling Fuel for a Runaway Train: Errant Economists, Shameful Spenders, and a Plan to Stop Them All
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Dr. Brian Czech
Americans have been conditioned to appreciate, cheer, and serve economic growth. Brian Czech argues that, while economic growth was a good thing for much of American history, somewhere along the way it turned bad, depleting resources, polluting the environment, and threatening posterity. Yet growth remains a top priority of the public and polity. ...
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An Anticlassical Political-Economic Analysis: A Vision for the Next Century
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Yasusuke Murakami, Kozo Yamamura (Translator)
In his final work, one that distills decades of research and thought, a distinguished economic thinker turned social scientist and philosopher confronts three crucial questions facing the world at the end of the century: How and in what form can a harmonious and stable post-cold war world order be created? How can the world maintain the economic ...
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Rational Economic Man
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Martin Hollis
Economics is probably the most subtle, precise and powerful of the social sciences and its theories have deep philosophical import. Yet the dominant alliance between economics and philosophy has long been cheerfully simple. This is the textbook alliance of neo-Classicism and Positivism, so crucial to the defence of orthodox economics against by ...
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The New Paradigm in Macroeconomics: Solving the Riddle of Japanese Macroeconomic Performance
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Richard Werner
Modern mainstream economics is attracting an increasing number of critics of its high degree of abstraction and lack of relevance to economic reality. Economists are calling for a better reflection of the reality of imperfect information, the role of banks and credit markets, the mechanisms of economic growth, the role of institutions and the ...
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Centenary Essays on Alfred Marshall
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John K Whitaker (Editor)
This collection of twelve original essays commissioned by Britain's Royal Economic Society commemorates the 1990 centennial of the first publication of Alfred Marshall's "Principles of Economics", one of the truly seminal works in the history of the subject. Marshall, who lived from 1842 to 1924, was the founder of the Cambridge school of ...
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Economics for a Civilized Society
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Greg Davidson, Paul Davidson
This study argues that conservative policies of the 1980s adopted by governments in Washington, London, Bonn and Tokyo create further world-wide economic stagnation and financial crises, and it suggests that a combination of conservative and liberal doctrines would provide an economic basis for a civilized society. The authors attempt to identify ...
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Business Cycle Theory
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Lutz G Arnold
Business cycle theory is a broad and disparate field. Different schools of thought offer alternative explanations for cycles, often using different mathematical methods. This book aims to provide academics and graduate students of economics with a compact and accessible exposition of business cycle theory since Keynes. The author places the main ...
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The Macroeconomic Debate: Models of the Closed and Open Economy
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Brian Hillier
This textbook, originally published as Macroeconomics: Models, Debates and Developments, enables readers to understand the current debate amongst macroeconomists by examining the major theoretical controversies that have raged in macroeconomics since the publication of Keynes' General Theory.In a clear and concise style, Brian Hillier uses simple ...
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Macroeconomics: An Introduction to Keynesian-Neoclassical Controversies
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Rosalind Levacic
Macroeconomics has achieved its position as one of the most successful and influential intermediate level textbooks because of its clear and accessible presentation of the main concepts, theories and policy issues. The distinctive feature of the book which has made it an ideal textbook is the exposition of the contrasting Keynesian and ...
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Monetarists and Keynesians, Their Contribution to Monetary Theory
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Brian Morgan
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Human Well-Being and Economic Goals
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Frank Ackerman (Editor), David Kiron (Editor), Neva R Goodwin (Editor)
What are the ends of economic activity? According to neoclassical theory, efficient interaction of the profit-maximizing "ideal-producer" and the utility-maximizing "ideal consumer" will eventually lead to some sort of social optimum. But is that social optimum the same as human well-being? This volume addresses that issue, considering such ...
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Non-Natural Social Science: Reflecting on the Enterprise of "More Heat Than Light"
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Stephanie Sieburth, Neil De Marchi
Published in 1989, Philip Mirowski's "More Heat Than Light: Economics as Social Physics, Physic's as Nature's Economics" offered a challenge to historians of economics that could not be ignored. Neo-classical economics, he said, adopted certain analytical tools of mid-nineteenth-century physics, simply substituting "utility" for "energy," and in ...
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A Soaring Eagle: Alfred Marshall, 1842-1924
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Peter D Groenewegen
This work places the major features of the life and work of Alfred Marshall in the context of the history of economic thought as it affected the institutional setting of late 19th and early 20th century Britain. The biography also sheds light on Marshall's decision to study economics, after dropping mathematics, philosophy and psychology in turn, ...
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Growth, Distribution and Prices
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Stephen A Marglin
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The Correspondence of Alfred Marshall, Economist
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John K Whitaker (Editor), Alfred Marhsall, Alfred Marshall
This is the second of a three-volume work constituting a comprehensive, scholarly edition of the correspondence of the English economist, Alfred Marshall (1842-1924), one of the leading figures in the development of economics and the founder of the Cambridge School of Economics. The edition fills a long-standing gap in the history of economic ...
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A Vision of a New Liberalism?: Critical Essays on Murakami's Anticlassical Analysis
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Kozo Yamamura (Editor)
In 1992, a year before his death, Yasusuke Murakami published in Japanese An Anti-Classical Political-Economic Analysis: A Vision for the Next Century (English translation, Stanford, 1996). A work that distilled decades of research and thought by a distinguished economic theorist turned social scientist and philosopher, it sold more than 25,000 ...
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Feminism Confronts Homo Economicus: Gender, Law, and Society
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Martha A Fineman (Editor), Terence Dougherty (Editor)
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Neoclassical Thry Pdtn Dn
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C E Ferguson
The object of this book is to present a complete, systematic and thorough exposition of the neoclassical theory of production and distribution. Despite this basic objective, each chapter presents extensions of neoclassical theory and interpretations of established relations. The book has two distinct parts. In Part I the microeconomic theories of ...
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