Wendell Berry's poetry, fiction, and essays persistently ask the question: How can we live meaningful lives in a consumer driven, fragmented age? His honest search for health in the midst of disease has garnered attention and discussion in both conservative and progressive circles. "Wendell Berry and the Cultivation of Life" thoroughly examines ...
This book demonstrates that the state-contingent approach provides the best way to think about all problems in the economics of uncertainty, including problems of consumer choice, the theory of the firm, and principal agent relationships. The authors demonstrate that dual methods apply under uncertainty and that the dual representations can be ...
This innovative text offers a novel understanding of relations between the economic and the cultural. The book shows how cultural products are produced, marketed and sold in an increasingly global economy. Chapters examine the emergence of truly global cultural products and the strategies of global cultural players such as Sony. Throughout, the ...
The relentless decline in the prices of information technology (IT) has steadily enhanced the role of IT investment as a source of economic growth in the United States. Productivity growth in IT-producing industries has gradually risen in importance, and a productivity revival has taken place in the rest of the economy. In this book Dale Jorgenson ...
This volume provides a comprehensive view of applications of the cost of capital. The cost of capital is the key concept in the analysis of taxation of business income. It is also critical to the formulation of a new system of national accounts, where it plays the role of the price of capital services. Empirical measurements of productivity and ...
This compelling book contains a comprehensive analytical treatment of the theory of production in a long-period framework. Although the authors take a 'Classical' approach to their subject, the scope of investigation and methods employed should interest all economic theorists. Professors Kurz and Salvadori explore economic systems that are ...
In "Markets from Networks", one of America's most influential sociologists unveils a groundbreaking theory of the market economy. Arguing that most economists use overly abstract models of how the economy operates, Harrison White seeks a richer, more empirically based alternative. In doing so, he offers a more lucid, generalized treatment of the ...
The second edition of "An Introduction to Efficiency and Productivity Analysis" is designed to be a general introduction for those who wish to study efficiency and productivity analysis. The book provides an accessible, well-written introduction to the four principal methods involved: econometric estimation of average response models; index ...
In this definitive and exhaustive study, Christian Bidard develops a theory of prices of production. This theory, of classical inspiration, breaks down the symmetry between producers and consumers and gives more importance to reproduction rather than scarcity. In his analysis of multiple-product systems, Bidard focuses on the notion of an all ...
What is the link between working life and the nature of production on the one hand, and the changing organization of the firms and institutions in which work and production take place? In this book, leading socio-economic theorists analyse how these have changed over the last two decades. They look at changing employment practices and systems of ...
This book synthesizes a vast body of theory and research on production in capitalist societies. Ray Hudson considers both the specific sites in which production occurs, such as factory, office, and home, and the production of places in which we live as socialized human beings. Building on and refining contemporary Marxist analysis. Hudson also ...
This book is a theoretical investigation of the influence of human learning on the development through time of a 'pure labour' economy. The theory proposed is a simple one, but aims to grasp the essential features of all industrial economies. Economists have long known that two basic phenomena lie at the root of long-term economic movements in ...
Bill Brown takes a look at the way objects appear in fiction beginning in the 1880s, scrutinizing a variety of texts, but primarily MCTEAGUE, THE COUNTRY OF THE POINTED FIRS, and THE SPOILS OF POYNTON.
An attempt to provide a formal analysis of joint production, the text of which was originally the author's PhD thesis. The work is designed to lead from the most abstract and general concepts of the theory of value to applications in the areas of the measurement of capital and growth, of international trade, and of natural resources.
Modern textbook presentations of production economics typically treat producers as successful optimizers. Conventional econometric practice has generally followed this paradigm, and least squares based regression techniques have been used to estimate production, cost, profit and other functions. In such a framework deviations from maximum output, ...
This book contains a modern treatment of production economics from a dual perspective, with special emphasis on recent developments. Results that were scattered throughout professional journals and monographs are now gathered into an integrated approach using a common notation. The book prepares the reader to apply the tools of the dual approach ...
Standard equilibrium economic models focus on interdependencies. In Out of Equilibrium, Amendola and Gaffard develop a theory also dealing with interdependencies, but based on disequilibria, which take the form of feedback mechanisms over time. The way in which these disequilibria interact sequentially determines the evolution path of an economy. ...
"Fragmentation" is a term used in this volume to describe cross-border component specialization and production-sharing. Examination of recent trade data suggests that offshore sourcing of parts and components, as well as offshore assembly, are assuming an increasing role in the world economy. The theoretical implications of this type of ...
"Essays in Efficiency and Optimality" is devoted to topics in efficiency and optimality in Economics, including measurement of technical efficiency, directional distance functions, general equilibrium with externalities, optimality and overlapping generation models, and sources of productivity growth in US manufacturing.
This book presents a provocative defense of market dominance. "In Defense of Monopoly" offers an unconventional but empirically-grounded argument in favor of market monopolies. Authors McKenzie and Lee claim that conventional, static models exaggerate the harm done by real-world monopolies, and show why some degree of monopoly presence is ...
This volume is inspired by developments in two strands of economic theorising. Firstly, research on structural economic dynamics based on three sources: Hicks' work on traverse analysis, Pasinetti on disproportional growth and Goodwin on dynamic decomposition and economic fluctuations. The second strand goes back to Georgescu-Roegen's interest in ...
This is a rich collection of essays highlighting the complex relationship between cultural production and consumption using examples from music, television, magazines, sports, and advertising. Classic, contemporary, and newly commissioned articles examine the key themes and debates on popular culture by key scholars. Using a multitude of ...
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