economists and the powerful convenient theories distorted facts ample rewards

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Economists And The Powerful

Author : Norbert Häring
ISBN : 9780857289193
Genre : Business & Economics
File Size : 53. 14 MB
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“Economists and the Powerful: Convenient Theories, Distorted Facts, Ample Rewards” explores the workings of the modern global economy – an economy in which competition has been corrupted and power has a ubiquitous influence upon economic behavior. Based on empirical and theoretical studies by distinguished economists from both the past and present day, this book argues that the true workings of capitalism are very different from the popular myths voiced in mainstream economics. Offering a closer look at the history of economic doctrines – as well as how economists are incentivized – “Economists and the Powerful” exposes how, when and why the theme of power was erased from the radar screens of mainstream economic analysis – and the influence this subversive removal has had upon the modern financial world.

The Econocracy

Author : Joe Earle
ISBN : 9781526115508
Genre : Business & Economics
File Size : 67. 11 MB
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One hundred years ago the idea of 'the economy' didn't exist. Now, improving the economy has come to be seen as perhaps the most important task facing modern societies. Politics and policymaking are conducted in the language of economics and economic logic shapes how political issues are thought about and addressed. The result is that the majority of citizens, who cannot speak this language, are locked out of politics while political decisions are increasingly devolved to experts. The econocracy explains how economics came to be seen this way - and the damaging consequences. It opens up the discipline and demonstrates its inner workings to the wider public so that the task of reclaiming democracy can begin.

Economics Of The 1

Author : John Weeks
ISBN : 9780857281159
Genre : Business & Economics
File Size : 45. 23 MB
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How much do economists really know? In most cases, they claim to have profound knowledge but in fact understand little and obscure almost everything. Most people are convinced that economics should be left to the ‘experts’, when they themselves are perfectly capable of understanding it. This book explains that mainstream economics serves the interests of the rich through its logical inconsistency and unabashedly reactionary conclusions. John F. Weeks exposes the myths of mainstream economics and explains in straightforward language why current policies fail to serve the vast majority of people in the United States, Europe and elsewhere. Their failure to serve the interests of the many results from their devoted service to the few.

Mediating The Message In The 21st Century

Author : Pamela J. Shoemaker
ISBN : 9781135858285
Genre : Social Science
File Size : 88. 11 MB
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Hailed as one of the "most significant books of the twentieth century" by Journalism and Mass Communication Quarterly, Mediating the Message has long been an essential text for media effects scholars and students of media sociology. This new edition of the classic media sociology textbook now offers students a comprehensive, theoretical approach to media content in the twenty-first century, with an added focus on entertainment media and the Internet.

An Evolutionary Theory Of Economic Change

Author : Richard R. Nelson
ISBN : 0674041437
Genre : Business & Economics
File Size : 31. 59 MB
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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.

Recursive Macroeconomic Theory

Author : Lars Ljungqvist
ISBN : 026212274X
Genre : Business & Economics
File Size : 20. 68 MB
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Recursive methods offer a powerful approach for characterizing and solvingcomplicated problems in dynamic macroeconomics. Recursive Macroeconomic Theory provides both anintroduction to recursive methods and advanced material, mixing tools and sample applications. Thesecond edition contains substantial revisions to about half the original material, and extensiveadditional coverage appears in seven chapters new to this edition. The updated and added materialcovers exciting new topics that further illustrate the power and pervasiveness of recursivemethods.Significant improvements to original chapters include a better treatment of the existence ofrecursive equilibria, an enhanced account of the supermartingale convergence theorem, and anextended treatment of an optimal taxation problem in an economy in which there are incompletemarkets. Completely new coverage in the second edition includes an introductory chapter, which givesan overview of the themes uniting the diverse topics treated throughout the book. Two new chaptersoffer a self-contained account of the optimal growth model and some of its basic applications inmacroeconomics and public finance. Other new chapters cover such topics as how to formulate andcompute Stackelberg or Ramsey plans in linear economies, sustainable risk-sharing equilibria withoutcommitment, and the application of recursive contracts to topics in international trade. Mostchapters conclude with exercises and the book includes two technical appendixes covering functionalanalysis and control and filtering.

Configuring The Networked Self

Author : Julie E. Cohen
ISBN : 9780300177930
Genre : LAW
File Size : 88. 75 MB
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The legal and technical rules governing flows of information are out of balance, argues Julie E. Cohen in this original analysis of information law and policy. Flows of cultural and technical information are overly restricted, while flows of personal information often are not restricted at all. The author investigates the institutional forces shaping the emerging information society and the contradictions between those forces and the ways that people use information and information technologies in their everyday lives. She then proposes legal principles to ensure that people have ample room for cultural and material participation as well as greater control over the boundary conditions that govern flows of information to, from, and about them.

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