Essays in the Theory of Economic Growth
Author : Joan Robinson
Publisher : Springer
Page : 150 pages
File Size : 40,93 MB
Release : 1965-01-01
Category : Business & Economics
ISBN : 1349006262
History Matters
Author : Timothy Guinnane
Publisher : Stanford University Press
Page : 528 pages
File Size : 30,35 MB
Release : 2003-10-31
Category : Business & Economics
ISBN : 0804766932
Book Description
Combining theoretical work with careful historical description and analysis of new data sources, History Matters makes a strong case for a more historical approach to economics, both by argument and by example. Seventeen original essays, written by distinguished economists and economic historians, use economic theory and historical cases to explore how and why "history matters." The chapters, which range in subject matter from the economic theory of irreversible investment to the nineteenth-century decline in U.S. rural fertility to the English poor law reform, are unified by three themes. The first explores the significance, causes, and consequences of path dependence in the evolution of technology and institutions. The second relates to the ways in which economic and political behavior are profoundly shaped and constrained by the cultural and political context inherited from history at a particular point in time. The final theme demonstrates the importance of integrating economic theory into historical research in the gathering and interpretation of data.
The Theory of Money and Financial Institutions
Author : Martin Shubik
Publisher : MIT Press
Page : 472 pages
File Size : 23,43 MB
Release : 1999
Category : Business & Economics
ISBN : 9780262693110
Book Description
This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.
Finance and Growth
Author : Ross Levine
Publisher :
Page : 130 pages
File Size : 25,2 MB
Release : 2004
Category : Economic development
ISBN :
Book Description
"This paper reviews, appraises, and critiques theoretical and empirical research on the connections between the operation of the financial system and economic growth. While subject to ample qualifications and countervailing views, the preponderance of evidence suggests that both financial intermediaries and markets matter for growth and that reverse causality alone is not driving this relationship. Furthermore, theory and evidence imply that better developed financial systems ease external financing constraints facing firms, which illuminates one mechanism through which financial development influences economic growth. The paper highlights many areas needing additional research"--NBER website
The Theory and Experience of Economic Development
Author : Mark Gersovitz
Publisher : Routledge
Page : 418 pages
File Size : 30,65 MB
Release : 2012-08-06
Category : Business & Economics
ISBN : 1136878157
Book Description
This volume, first published in 1982, is a collection of original essays written to honour Professor W. Arthur Lewis, 1979 co-winner of the Nobel Prize in economics. The authors, an international group of distinguished scholars, address a varied set of specific issues reflecting Professor Lewis’ research interests, covering topics which include: technological change in agriculture, analyses of unemployment and income distribution, the role of government policy in the development process, the historical record of development, and the relationship between developed and developing nations. The book will be of interest to both the academic researcher and practicing professionals in the international organisations and national governments, and are particularly appropriate to graduate courses in economic development, cost-benefit analysis and economic history.
The Other Canon of Economics, Volume 1
Author : Erik Reinert
Publisher : Anthem Press
Page : 434 pages
File Size : 31,48 MB
Release : 2024-02-13
Category : Business & Economics
ISBN : 1839982993
Book Description
Other Canon Economics: Essays in the Theory and History of Uneven Economic Development brings together key essays on development economics from one of the most prolific and important development economists and historians of economic policy today. Erik S. Reinert argues through essays ranging from 1994 to 2020 that neo-classical economics damages developing countries, mostly via adherence to the theory of comparative advantage. Based on a long intellectual tradition, started by the Italian economists Giovanni Botero (1589) and Antonio Serra (1613), Reinert shows that the country which trades increasing returns goods – e.g. high-end manufacture – has advantages over the country which trades diminishing returns goods – e.g. commodities. This has important implications for today’s development strategies that, Reinert argues, should be seen as industrial strategies.
Essays on Balance of Payments Constrained Growth
Author : John McCombie
Publisher : Routledge
Page : 351 pages
File Size : 40,95 MB
Release : 2004-03-26
Category : Business & Economics
ISBN : 1134340311
Book Description
This impressive collection explores the relationship between a country's balance of payments and their rate of economic growth.
Essays in Economics: Theories, facts, and policies
Author : Wassily Leontief
Publisher :
Page : 184 pages
File Size : 48,65 MB
Release : 1977
Category : Economics
ISBN :
Book Description
Can It Happen Again?
Author : Hyman Minsky
Publisher : Routledge
Page : 329 pages
File Size : 22,17 MB
Release : 2016-04-14
Category : Business & Economics
ISBN : 1317232496
Book Description
In the winter of 1933, the American financial and economic system collapsed. Since then economists, policy makers and financial analysts throughout the world have been haunted by the question of whether "It" can happen again. In 2008 "It" very nearly happened again as banks and mortgage lenders in the USA and beyond collapsed. The disaster sent economists, bankers and policy makers back to the ideas of Hyman Minsky – whose celebrated 'Financial Instability Hypothesis' is widely regarded as predicting the crash of 2008 – and led Wall Street and beyond as to dub it as the 'Minsky Moment'. In this book Minsky presents some of his most important economic theories. He defines "It", determines whether or not "It" can happen again, and attempts to understand why, at the time of writing in the early 1980s, "It" had not happened again. He deals with microeconomic theory, the evolution of monetary institutions, and Federal Reserve policy. Minsky argues that any economic theory which separates what economists call the 'real' economy from the financial system is bound to fail. Whilst the processes that cause financial instability are an inescapable part of the capitalist economy, Minsky also argues that financial instability need not lead to a great depression. This Routledge Classics edition includes a new foreword by Jan Toporowski.
Moral Aspects of Economic Growth, and Other Essays
Author : Barrington Moore
Publisher : Cornell University Press
Page : 212 pages
File Size : 19,68 MB
Release : 1998
Category : Business & Economics
ISBN : 9780801433764
Book Description
The product of decades of reflection on issues of authority, inequality, and injustice, this volume analyzes fluctuating moral beliefs and behavior in political and economic affairs at different points in history, from the early Middle Ages in England to the prospects for liberalism under twentieth-century Soviet socialism.
