The theory of idle resources
Author | : William Harold Hutt |
Publisher | : Ludwig von Mises Institute |
Total Pages | : 130 |
Release | : 1977 |
Genre | : |
ISBN | : 1610163230 |
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Author | : William Harold Hutt |
Publisher | : Ludwig von Mises Institute |
Total Pages | : 130 |
Release | : 1977 |
Genre | : |
ISBN | : 1610163230 |
Author | : William Harold Hutt |
Publisher | : |
Total Pages | : 193 |
Release | : 1939 |
Genre | : |
ISBN | : |
Author | : L. G. Hines |
Publisher | : |
Total Pages | : 14 |
Release | : 1953* |
Genre | : Natural resources |
ISBN | : |
Author | : John Maynard Keynes |
Publisher | : |
Total Pages | : 0 |
Release | : 1989 |
Genre | : |
ISBN | : |
Author | : Hunter Lewis |
Publisher | : Hunter Lewis Foundation |
Total Pages | : 0 |
Release | : 2011 |
Genre | : Business & Economics |
ISBN | : 9781604190441 |
Presents an overview of the economic theories of John Maynard Keynes and offers a critique of the Keynesian economic strategy of borrowing and spending which has been used by the current Obama administration to deal with the fiscal crisis of 2009.
Author | : Randall G. Holcombe |
Publisher | : Ludwig von Mises Institute |
Total Pages | : 273 |
Release | : 1999 |
Genre | : Austrian school of economics |
ISBN | : 1610164393 |
Author | : Richard R. Nelson |
Publisher | : Harvard University Press |
Total Pages | : 456 |
Release | : 1985-10-15 |
Genre | : Business & Economics |
ISBN | : 9780674041431 |
This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
Author | : Malcolm Bull |
Publisher | : Verso Books |
Total Pages | : 257 |
Release | : 2021-10-12 |
Genre | : Political Science |
ISBN | : 184467293X |
From here to utopia, new directions in political theory What does political agency mean for those who don't know what to do or can't be bothered to do it? This book develops a novel account of collective emancipation in which freedom is achieved not through knowledge and action but via doubt and inertia. In essays that range from ancient Greece to the end of the Anthropocene, Bull addresses questions central to contemporary political theory in novel readings of texts by Aristotle, Machiavelli, Marx, and Arendt, and shows how classic philosophical problems have a bearing on issues like political protest and climate change. The result is an entirely original account of political agency for the twenty-first century in which uncertainty and idleness are limned with utopian promise.
Author | : Stephanie Kelton |
Publisher | : PublicAffairs |
Total Pages | : 311 |
Release | : 2020-06-09 |
Genre | : Business & Economics |
ISBN | : 1541736206 |
A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.
Author | : Mark Skousen |
Publisher | : NYU Press |
Total Pages | : 462 |
Release | : 2017-12-12 |
Genre | : Business & Economics |
ISBN | : 1479869953 |
In 2014, the U. S. government adopted a new quarterly statistic called gross output (GO), the most significance advance in national income accounting since gross domestic product (GDP) was developed in the 1940s. The announcement came as a triumph for Mark Skousen, who advocated GO nearly 25 years ago as an essential macroeconomic tool and a better way to measure the economy and the business cycle. Now it has become an official statistic issued quarterly by the Bureau of Economic Analysis at the U. S. Department of Commerce. In this new revised edition of Structure of Production, Skousen shows why GO is a more accurate and comprehensive measure of the economy because it includes business-to-business transactions that move the supply chain along to final use. (GDP measures the value of finished goods and services only, and omits B-to-B activity.) GO is an attempt to measure spending at all stages of production. Using GO, Skousen demonstrates that the supply-side of the business spending is far more important than consumer spending, is more consistent with economic growth theory, and a better measure of the business cycle.