Reframing Economics


Book Description

The objectives of this book are twofold. Firstly, it proposes that economics should be defined as a study of imperfect cooperation. Secondly, it elucidates the continuities that extend from classical political economy through the neoclassical, Keynesia




Reframing the Northern Rio Grande Pueblo Economy


Book Description

Rio Grande pueblo societies took shape in the aftermath of significant turmoil and migration in the thirteenth century. In the centuries that followed, the size of Pueblo settlements, level of aggregation, degree of productive specialization, extent of interethnic exchange, and overall social harmony increased to unprecedented levels. Economists recognize scale, agglomeration, the division of labor, international trade, and control over violence as important determinants of socioeconomic development in the modern world. But is a development framework appropriate for understanding Rio Grande archaeology? What do we learn about contemporary Pueblo culture and its resiliency when Pueblo history is viewed through this lens? What does the exercise teach us about the determinants of economic growth more generally? The contributors in this volume argue that ideas from economics and complexity science, when suitably adapted, provide a compelling approach to the archaeological record. Contributors consider what we can learn about socioeconomic development through archaeology and explore how Pueblo culture and institutions supported improvements in the material conditions of life over time. They examine demographic patterns; the production and exchange of food, cotton textiles, pottery, and stone tools; and institutional structures reflected in village plans, rock art, and ritual artifacts that promoted peaceful exchange. They also document change through time in various economic measures and consider their implications for theories of socioeconomic development. The archaeological record of the Northern Rio Grande exhibits the hallmarks of economic development, but Pueblo economies were organized in radically different ways than modern industrialized and capitalist economies. This volume explores the patterns and determinants of economic development in pre-Hispanic Rio Grande Pueblo society, building a platform for more broadly informed research on this critical process.




Reframing Finance


Book Description

Since the 2008 financial crisis, beneficiary organizations—like pension funds, sovereign wealth funds, endowments, and foundations—have been seeking ways to mitigate the risk of their investments and make better financial decisions. For them, Reframing Finance offers a path forward. This book argues that institutional investors would better serve their long-term goals by putting money into large-scale, future-facing projects such as infrastructure, green energy, innovation in agriculture, and real estate development. At the same time, redirecting long-term investments would close significant financial gaps that government cannot. Drawing on key contributions in economic sociology, social network theory, and economics, the book conceptualizes a collaborative model of investment that is already becoming increasingly common: Large investors contribute more directly to private market assets, while financial intermediaries seek to foster co-investment partnerships, better aligning incentives for all. A combination of rich case studies and rigorous theory enables asset owners to move toward more efficient, private-market investing, while also laying groundwork for research at the frontier of finance.




Reframing Economic Ethics


Book Description

This book reconstructs major paradigms in the history of economic ethics up to, and including, the present day. Asserting that ethics should be integral rather than marginal to economics and management education, Reframing Economic Ethics highlights the need for a paradigm change from mechanistic to humanistic management, and argues that the failures of markets and managers in recent years were paved by a misguided management education. The author shows how the reader can and must learn from the history of economic thinking in order to overcome the theoretical shortcomings and the practical failings of the present system.




Reframing Health Behavior Change With Behavioral Economics


Book Description

With contributions from experts in experimental and clinical psychology & economics, this book examines the latest behavioral economic research on smoking, drug & alchohol abuse, obesity, gambling,etc. Ideal for psychologists, economists,& policy makers




Reframing Contemporary Africa


Book Description

It is impossible to study Africa without understanding the debate about how to study Africa. At last, a book showcases the complexities and paradoxes of Africa’s recent and more distant history, while avoiding simplistic, Eurocentric conceptualizations of “black Africa.” With this book, Peyi Soyinka-Aiwerele and Rita Kiki Edozie offer students the background and perspectives they need to comprehend the dynamics of the continent as well as a clear path through the current literature and scholarly debate. With a cross-disciplinary approach that features political, historical, and economic analysis as well as popular culture and sociological views on contemporary issues, Reframing Contemporary Africa provides an unparalleled breadth of coverage. Essays written by a distinguished and international group of scholars—including William Ackah, Pius Adesanmi, Susan Craddock, Caroline Elkins, Siba Grovogui, Mahmood Mamdani, Mutua Makau, Celestin Monga, Wole Soyinka, and Paul Tiyambe Zeleza—are designed to distill original scholarship for undergraduate readers. Each contribution helps students engage with the work and arguments of luminaries while exposing them to renowned African thinkers. Contributors deliver analysis that allows students to see beyond the clichés commonly presented in the media (and even in scholarship), and helpful section openers by Soyinka-Airewele and Edozie frame forthcoming chapters, giving important thematic and historical context. Reframing Contemporary Africa will certainly provoke new debate and reflection, not merely about African issues and politics, but also about the West and its framing of Africa.




Reframing Economic Policy Towards Sustainability


Book Description

In a globalized world economy, delivering the aspirations of sustainability is proving to be difficult. Progress is held back by competing objectives within a complex interplay of factors. Finding solutions to the ‘wicked problem’ of sustainability seems to be beyond the reach of policy makers. Even if the political will can be found to deal with the prime challenges of the twenty-first century, ranging from climate change and resource depletion to persistent poverty and increasing inequity, what is to be done in terms of real-world policy is far from clear. Do we need more globalization; or has economic globalization gone too far in growing a global economy which will strip the planet bare? This book reports twin-track research which interweaves the intellectual argument over the future of the world economy intertwined with empirical research into the challenge of sustainability in aviation. Discussing the prime challenges of this century through the lens of the intractable policy stalemate in aviation, this book leads the reader to the identification of a new way forward. Whether the political will is forthcoming will continue to be subject to debate, but we now have a clear exposition of how to address the problem. The new paradigm presented in this book opens the way to considering radical transformations to make real progress with the sustainability agenda.




Humanism in Business


Book Description

There are many books about business and society, yet very few of them question the primacy of GDP growth, profit maximization and individual utility maximization. This groundbreaking book questions these assumptions and investigates the possibility of creating a human-centered, value-oriented society based on humanistic principles.




Take Back the Economy


Book Description

In the wake of economic crisis on a global scale, more and more people are reconsidering their role in the economy and wondering what they can do to make it work better for humanity and the planet. In this innovative book, J. K. Gibson-Graham, Jenny Cameron, and Stephen Healy contribute complex understandings of economics in practical terms: what can we do right now, in our own communities, to make a difference? Full of exercises, thinking tools, and inspiring examples from around the world, Take Back the Economy shows how people can implement small-scale changes in their own lives to create ethical economies. There is no manifesto here, no one prescribed model; rather, readers are encouraged and taught how to take back the economy in ways appropriate for their own communities and context, using what they already have at hand. Take Back the Economy dismantles the idea that the economy is separate from us and best comprehended by experts. Instead, the authors demonstrate that the economy is the outcome of the decisions and efforts we make every day. The economy is thus reframed as a space of ethical action—something we can shape and alter according to what is best for the well-being of people and the planet. The book explores what people are already doing to build ethical economies, presenting these deeds as mutual concerns: What is necessary for survival, and what do we do with the surplus produced beyond what will fulfill basic needs? What do we consume, and how do we preserve and replenish the commons—those resources that can be shared to maintain all? And finally, how can we invest in a future worth living in? Suitable for activists and students alike, Take Back the Economy will be of interest to anyone seeking a more just, sustainable, and equitable world.




Doughnut Economics


Book Description

Economics is the mother tongue of public policy. It dominates our decision-making for the future, guides multi-billion-dollar investments, and shapes our responses to climate change, inequality, and other environmental and social challenges that define our times. Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike. That’s why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the 21st century. In Doughnut Economics, she sets out seven key ways to fundamentally reframe our understanding of what economics is and does. Along the way, she points out how we can break our addiction to growth; redesign money, finance, and business to be in service to people; and create economies that are regenerative and distributive by design. Named after the now-iconic “doughnut” image that Raworth first drew to depict a sweet spot of human prosperity (an image that appealed to the Occupy Movement, the United Nations, eco-activists, and business leaders alike), Doughnut Economics offers a radically new compass for guiding global development, government policy, and corporate strategy, and sets new standards for what economic success looks like. Raworth handpicks the best emergent ideas—from ecological, behavioral, feminist, and institutional economics to complexity thinking and Earth-systems science—to address this question: How can we turn economies that need to grow, whether or not they make us thrive, into economies that make us thrive, whether or not they grow? Simple, playful, and eloquent, Doughnut Economics offers game-changing analysis and inspiration for a new generation of economic thinkers.