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Rethinking Economics

Rethinking Economics
Author: Liliann Fischer
Publisher: Routledge
Total Pages: 235
Release: 2017-09-22
Genre: Business & Economics
ISBN: 1315407248

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Economics is a broad and diverse discipline, but most economics textbooks only cover one way of thinking about the economy. This book provides an accessible introduction to nine different approaches to economics: from feminist to ecological and Marxist to behavioural. Each chapter is written by a leading expert in the field described and is intended to stand on its own as well as providing an ambitious survey that seeks to highlight the true diversity of economic thought. Students of economics around the world have begun to demand a more open economics education. This book represents a first step in creating the materials needed to introduce new and diverse ideas into the static world of undergraduate economics. This book will provide context for undergraduate students by placing the mainstream of economic thought side by side with more heterodox schools. This is in keeping with the Rethinking Economics campaign which argues that students are better served when they are presented with a spectrum of economic ideas rather than just the dominant paradigm. Rethinking Economics: An Introduction to Pluralist Economics is a great entry-level economics textbook for lecturers looking to introduce students to the broader range of ideas explored within the economics profession. It is also appropriate and accessible for people outside of academia who are interested in economics and economic theory.


Economy Studies

Economy Studies
Author: Sam de Muijnck
Publisher: Amsterdam University Press
Total Pages:
Release: 2021-12-03
Genre: Business & Economics
ISBN: 904855280X

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The Economy Studies project emerged from the worldwide movement to modernise economics education, spurred on by the global financial crisis of 2008, the climate crisis, and the COVID-19 pandemic. It envisions a wide variety of economics graduates and specialists, equipped with a broad toolkit, enabling them to collectively understand and help tackle the issues the world faces today. This is a practical guide for (re-)designing economics courses and programs. Based on a clear conceptual framework and ten flexible building blocks, this handbook offers refreshing ideas and practical suggestions to stimulate student engagement and critical thinking across a wide range of courses.


Poor Economics

Poor Economics
Author: Abhijit V. Banerjee
Publisher: PublicAffairs
Total Pages: 321
Release: 2012-03-27
Genre: Business & Economics
ISBN: 1610391608

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The winners of the Nobel Prize in Economics upend the most common assumptions about how economics works in this gripping and disruptive portrait of how poor people actually live. Why do the poor borrow to save? Why do they miss out on free life-saving immunizations, but pay for unnecessary drugs? In Poor Economics, Abhijit V. Banerjee and Esther Duflo, two award-winning MIT professors, answer these questions based on years of field research from around the world. Called "marvelous, rewarding" by the Wall Street Journal, the book offers a radical rethinking of the economics of poverty and an intimate view of life on 99 cents a day. Poor Economics shows that creating a world without poverty begins with understanding the daily decisions facing the poor.


Rethinking the Economics of Land and Housing

Rethinking the Economics of Land and Housing
Author: Josh Ryan-Collins
Publisher: Zed Books Ltd.
Total Pages: 214
Release: 2017-02-28
Genre: Business & Economics
ISBN: 1786991217

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Why are house prices in many advanced economies rising faster than incomes? Why isn’t land and location taught or seen as important in modern economics? What is the relationship between the financial system and land? In this accessible but provocative guide to the economics of land and housing, the authors reveal how many of the key challenges facing modern economies - including housing crises, financial instability and growing inequalities - are intimately tied to the land economy. Looking at the ways in which discussions of land have been routinely excluded from both housing policy and economic theory, the authors show that in order to tackle these increasingly pressing issues a major rethink by both politicians and economists is required.


Rethinking the Economics of War

Rethinking the Economics of War
Author: Cynthia J. Arnson
Publisher: Woodrow Wilson Center Press
Total Pages: 314
Release: 2005-10-12
Genre: Business & Economics
ISBN: 0801882974

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This collection of essays questions the adequacy of explaining today's internal armed conflicts purely in terms of economic factors and re-establishes the importance of identity and grievances in creating and sustaining such wars. Countries studied include Lebanon, Angola, Colombia and Afghanistan.


Rethinking Development Economics

Rethinking Development Economics
Author: Ha-Joon Chang
Publisher: Anthem Press
Total Pages: 556
Release: 2003
Genre: Business & Economics
ISBN: 1843311100

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This title represents the most forward thinking and comprehensive review of development economics currently available.


Valuing Children

Valuing Children
Author: Nancy Folbre
Publisher: Harvard University Press
Total Pages: 246
Release: 2009-07-01
Genre: Business & Economics
ISBN: 0674033647

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Nancy Folbre challenges the conventional economist's assumption that parents have children for the same reason that they acquire pets--primarily for the pleasure of their company. Children become the workers and taxpayers of the next generation, and "investments" in them offer a significant payback to other participants in the economy. Yet parents, especially mothers, pay most of the costs. The high price of childrearing pushes many families into poverty, often with adverse consequences for children themselves. Parents spend time as well as money on children. Yet most estimates of the "cost" of children ignore the value of this time. Folbre provides a startlingly high but entirely credible estimate of the value of parental time per child by asking what it would cost to purchase a comparable substitute for it. She also emphasizes the need for better accounting of public expenditure on children over the life cycle and describes the need to rethink the very structure and logic of the welfare state. A new institutional structure could promote more cooperative, sustainable, and efficient commitments to the next generation.


Rethinking Economic Policy for Social Justice

Rethinking Economic Policy for Social Justice
Author: Radhika Balakrishnan
Publisher: Routledge
Total Pages: 146
Release: 2016-03-31
Genre: Business & Economics
ISBN: 1317572114

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The dominant approach to economic policy has so far failed to adequately address the pressing challenges the world faces today: extreme poverty, widespread joblessness and precarious employment, burgeoning inequality, and large-scale environmental threats. This message was brought home forcibly by the 2008 global economic crisis. Rethinking Economic Policy for Social Justice shows how human rights have the potential to transform economic thinking and policy-making with far-reaching consequences for social justice. The authors make the case for a new normative and analytical framework, based on a broader range of objectives which have the potential to increase the substantive freedoms and choices people enjoy in the course of their lives and not on not upon narrow goals such as the growth of gross domestic product. The book covers a range of issues including inequality, fiscal and monetary policy, international development assistance, financial markets, globalization, and economic instability. This new approach allows for a complex interaction between individual rights, collective rights and collective action, as well as encompassing a legal framework which offers formal mechanisms through which unjust policy can be protested. This highly original and accessible book will be essential reading for human rights advocates, economists, policy-makers and those working on questions of social justice.


Rethinking Economic Growth Theory From a Biophysical Perspective

Rethinking Economic Growth Theory From a Biophysical Perspective
Author: Blair Fix
Publisher: Springer
Total Pages: 129
Release: 2014-12-09
Genre: Business & Economics
ISBN: 3319128264

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Neoclassical growth theory is the dominant perspective for explaining economic growth. At its core are four implicit assumptions: 1) economic output can become decoupled from energy consumption; 2) economic distribution is unrelated to growth; 3) large institutions are not important for growth; and 4) labor force structure is not important for growth. Drawing on a wide range of data from the economic history of the United States, this book tests the validity of these assumptions and finds no empirical support. Instead, connections are found between the growth in energy consumption and such disparate phenomena as economic redistribution, corporate employment concentration, and changing labor force structure. The integration of energy into an economic growth model has the potential to offer insight into the future effects of fossil fuel depletion on key macroeconomic indicators, which is already manifested in stalled or diminished growth and escalating debt in many national economies. This book argues for an alternative, biophysical perspective to the study of growth, and presents a set of "stylized facts" that such an approach must successfully explain. Aspects of biophysical analysis are combined with differential monetary analysis to arrive at a unique empirical methodology for investigating the elements and dependencies of the economic growth process.


Rethinking Economics

Rethinking Economics
Author: Rudolf Steiner
Publisher: SteinerBooks
Total Pages: 537
Release: 2013-06-01
Genre: Business & Economics
ISBN: 162148050X

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Rudolf Steiner gave this complex sequence of dense, subtle, multileveled lectures and seminars to students of economics in Dornach, Switzerland, during the summer of 1922. The course reflects a lifetime of thinking on the subject and marks the conclusion of his intense five-year period of activism in the service of social, political, and economic issues. During this time, which began as World War I was ending in 1917, he worked tirelessly to promote the cause of what he called “threefolding” (Dreigliederung), by which he meant rethinking the social order on the basis of clear separation and independence of the three fundamental spheres of activity that make up a society. He proposed three independent systems: (1) an autonomous rights sphere (limited to judicial and political matters), (2) an autonomous economic sphere (cooperative or associative by nature), and (3) an autonomous spiritual-cultural sphere. The autonomy of these three spheres, he believed, would make possible a free, healthy, productive society and open the possibility of a lasting peace. Rethinking Economics is essential reading for anyone who wants to understand the true nature of an economy and how it works. Steiner presents the basic elements of what it would take to create a just, socially responsible, and ecologically aware economy today.