Illustrating Economics


Book Description

This volume is a sampling of quips, verses, drawings, and even the music of one of the most original and versatile minds of the twentieth century, Kenneth Boulding prominent economist, lecturer, and author. The driving force behind Kenneth Boulding's wideranging book is that he truly en joys all that he does. Indeed, his greatest accomplishment may very well be that he was a profoundly happy man. This is reflected in works that are laced with beauty, wit, and extraordinary imagery-works that are often composed and appeared in the most unexpected of places. In the midst of one of the classic textbooks of his generally staid profession, Economic Analysis , Boulding introduced the "bathtub theorem." Illustrating Economics: Beasts, Ballads and Aphorisms is a collection of similar instances and, as such, it is fun. The reader should be advised that the book contains traps. Boulding coats his ideas with sugar to please his audience as well as promote consumption. He describes peace as "a drab girl with an olive branch corsage whom no red-blooded American (or Russian) could conceivably warm up to." The reader smiles at the recognition of the truth inherent within the image and ponders the irony of why so fine a state as peace should be regarded as dull, and so ugly a condition as war should be regarded as romantic. This book is for enjoyment, but it should carry the following warning: Caution-Reading this may be stimulating to your intellect. Kenneth E. Boulding (1910-1993) was professor of economics at the University of Colorado and president of many scholarly associations including the American Economic Association, the Society for General Systems Research, and the American Association for the Advancement of Science. He authored numerous books including Towards a New Economics: Critical Essays on Ecology, Distribution, and Other Themes; Three Faces of Power; and The World as a Total System. Richard P. Beilock, a former student of Kenneth Boulding has been a graduate research assistant, Department of Agricultural Economics and Rural Sociology, The Pennsylvania State University. He is professor in the Food and Resource Economics Department at the University of Florida.




Principles of Economics. Illustrated


Book Description

Principles of Economics is magnum opus of Alfred Marshall. It was the standard text for generations of economics students. Marshal’s plan for the work gradually extended to a two-volume compilation on the whole of economic thought. Marshall's influence on modifying economic thought is difficult to deny. He popularized the use of supply and demand functions as tools of price determination; modern economists owe the linkage between price shifts and curve shifts to Marshall.




Economics. Premium Collection. Illustrated


Book Description

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. Economics can generally be broken down into macroeconomics, which concentrates on the behavior of the economy as a whole, and microeconomics, which focuses on individual people and businesses. The founding of modern Western economics generally credited to the publication of Scottish philosopher Adam Smith's 1776 book, An Inquiry Into the Nature and Causes of the Wealth of Nations. In this book, the classic works of the founders of economic theory are selected. The Wealth of Nations by Adam Smith On the Principles of Political Economy and Taxation by David Ricardo Capital by Karl Marx Principles of Economics by Alfred Marshall The General Theory of Employment, Interest, and Money by John Maynard Keynes







Narrative Economics


Book Description

From Nobel Prize–winning economist and New York Times bestselling author Robert Shiller, a groundbreaking account of how stories help drive economic events—and why financial panics can spread like epidemic viruses Stories people tell—about financial confidence or panic, housing booms, or Bitcoin—can go viral and powerfully affect economies, but such narratives have traditionally been ignored in economics and finance because they seem anecdotal and unscientific. In this groundbreaking book, Robert Shiller explains why we ignore these stories at our peril—and how we can begin to take them seriously. Using a rich array of examples and data, Shiller argues that studying popular stories that influence individual and collective economic behavior—what he calls "narrative economics"—may vastly improve our ability to predict, prepare for, and lessen the damage of financial crises and other major economic events. The result is nothing less than a new way to think about the economy, economic change, and economics. In a new preface, Shiller reflects on some of the challenges facing narrative economics, discusses the connection between disease epidemics and economic epidemics, and suggests why epidemiology may hold lessons for fighting economic contagions.




The Economic Thought of Michael Polanyi


Book Description

Michael Polanyi is most famous for his work in chemistry and the philosophy of science, but in the 1930s and 1940s he made an important contribution to economics. Drawing on rich archival materials on Polanyi and his correspondents, Gábor Biró explores their competing worldviews and their struggles to popularise their visions of the economy, economic expertise and democracy. Special focus is given to Polanyi’s pioneering economics film and postmodern ideas. This volume will be of interest to advanced students and researchers of the history of economics, philosophy of science, and science and technology studies.







Journal


Book Description




Economics in One Lesson


Book Description

With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.




The American Health Economy Illustrated


Book Description

With 150 original color charts and graphs, The Illustrated Guide to the American Health Care Economy is an attractive, user-friendly, one-of-a-kind resource on the economics of health care in the United States. Covering topics such as 'How Is Each Health Care Dollar Spent?' and 'Who Pays for Health Services?,' this comprehensive, accessible guide will be of interest to everyone concerned about the future of health care in America.