Book Description
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Author : Rajani Kannepalli Kanth
Publisher : Rowman & Littlefield Publishers
Page : 216 pages
File Size : 17,7 MB
Release : 1986
Category : Business & Economics
ISBN :
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Author : Toufic Gaspard
Publisher : BRILL
Page : 312 pages
File Size : 13,83 MB
Release : 2003-12-01
Category : Social Science
ISBN : 904740257X
This book is about the laissez-faire strategy for economic development, a strategy inspired by neoclassical/mainstream economics, advocated by the “Washington Consensus”, and implemented by the Bretton Woods institutions. Mainstream economics has taken legitimacy from the historical failure of command economies. But this view has not been balanced by an examination of the performance of laissez-faire economies, the closest to the pure market model. Lebanon provides a unique test case in this regard. The book assesses Lebanon’s development during 1948-2002, including its industrial and financial performance. The dynamics of the laissez-faire system is separately studied from a Post-Keynesian perspective, highlighting institutional behavior. It is found that laissez-faire is not a sufficient condition for economic development, and can even be counterproductive.
Author : John Maynard Keynes
Publisher :
Page : 64 pages
File Size : 39,65 MB
Release : 1927
Category : Economic policy
ISBN :
Author : John Maynard Keynes
Publisher : Irvington Publishers
Page : 64 pages
File Size : 31,54 MB
Release : 1927
Category : Business & Economics
ISBN :
Author : Rajani K. Kanth
Publisher :
Page : 208 pages
File Size : 37,84 MB
Release : 1992
Category :
ISBN : 9780847677269
Author : Barbara H. Fried
Publisher : Harvard University Press
Page : 350 pages
File Size : 16,14 MB
Release : 2009-07-01
Category : Law
ISBN : 0674037308
Law and economics is the leading intellectual movement in law today. This book examines the first great law and economics movement in the early part of the twentieth century through the work of one of its most original thinkers, Robert Hale. Beginning in the 1890s and continuing through the 1930s, progressive academics in law and economics mounted parallel assaults on free-market economic principles. They showed first that "private," unregulated economic relations were in fact determined by a state-imposed regime of property and contract rights. Second, they showed that the particular regime of rights that existed at that time was hard to square with any common-sense notions of social justice. Today, Hale is best known among contemporary legal academics and philosophers for his groundbreaking writings on coercion and consent in market relations. The bulk of his writing, however, consisted of a critique of natural property rights. Taken together, these writings on coercion and property rights offer one of the most profound and elaborated critiques of libertarianism, far outshining the better-known efforts of Richard Ely and John R. Commons. In his writings on public utility regulation, Hale also made important contributions to a theory of just, market-based distribution. This first, full-length study of Hale's work should be of interest to legal, economic, and intellectual historians.
Author : Sherryl Davis Kasper
Publisher : Edward Elgar Publishing
Page : 190 pages
File Size : 44,65 MB
Release : 2003-01-01
Category : Business & Economics
ISBN : 9781843765608
'I find The Revival of Laissez-Faire informative, especially as a survey of the ideas of the six economists, each of whom was no doubt at the front in the intellectual battle over laissez-faire. The book is a good source on an important slice of twentieth century economics for undergraduate history of economics course.' - J. Daniel Hammond, Journal of the History of Economic Thought In the 1970s, the Keynesian orthodoxy in macroeconomics began to break down. In direct contrast to Keynesian recommendations of discretionary policy, models advocating laissez-faire came to the forefront of economic theory. Laissez-faire no longer stood as an exceptional policy endorsed for rare occurrences of market clearing; rather it became the policy standard. This book provides the definitive account of this watershed and traces the evolution of laissez-faire using the cases of its proponents, Frank Knight, Henry Simons, Friedrich von Hayek, Milton Friedman, James Buchanan and Robert Lucas. By elucidating the pre-analytical framework of their writings, Sherryl Kasper accounts for the ideological influence of these pioneers on theoretical work, and illustrates that they played a primary role in founding the theoretical and philosophical use of rules as the basis of macroeconomic policy. A case study of the way in which interwar pluralism transcended to postwar neoclassicism is also featured.
Author : Yue-Chim Richard Wong
Publisher :
Page : pages
File Size : 31,75 MB
Release : 1997
Category :
ISBN : 9789629370183
Author : John Stuart Mill
Publisher :
Page : 632 pages
File Size : 44,24 MB
Release : 1882
Category : Economics
ISBN :
Author : John Maynard Keynes
Publisher :
Page : 164 pages
File Size : 35,85 MB
Release : 1926
Category : Business & Economics
ISBN :