Economic Responsibility


Book Description

John Maurice Clark’s article “The Changing Basis of Economic Responsibility,“ published in the Journal of Political Economy, is the topical starting point for all scholars interested in economic responsibility and responsible economic action. John Maurice Clark (1884-1963), a leading institutional economist, reflected on the consequences of the social and economic change taking place at the turn of the last century for the responsibility of individuals, businesses, and corporations and called for the development of an economics of responsibility. This book contains in-depth articles by scholars from within and beyond economics who continue on the Clark project or address actual problems calling for economic responsibility in the light of his approach.




Competition as a Dynamic Process


Book Description

This volume offers a conceptual approach to the study of competition as a dynamic process. It critically examines the dynamic character of modern competition, appraises the inadequacies of equilibrium theory, and suggests a new approach to the study and interpretation of competitive activities in the economy.




The State Theory of Money


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John Maurice Clark


Book Description

The first comprehensive study of the life and works of John Maurice Clark (1884-1963), who continued the work of his father, John Bates Clark (1847-1938) by developing a new dynamic economic theory, often referred to as 'Social Economics'. Although J.M. Clark's contributions anticipated much of Keynes', he went much further: exploring ethics, overhead costs, business cycles, methodology, and social control. Clark argued that costs were not precise terms and new forms of social control were needed in addition to the market.




Social Control of Business


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The Invisible Hand of Planning


Book Description

Guy Alchon examines the mutually supportive efforts of social scientists, business managers, and government officials to create America's first peacetime system of macroeconomic management. Originally published in 1985. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.







Social Economics


Book Description

Economists assume that people make choices based on their preferences and their budget constraints. The preferences and values of others play no role in the standard economic model. This feature has been sharply criticized by other social scientists, who believe that the choices people make are also conditioned by social and cultural forces. Economists, meanwhile, are not satisfied with standard sociological and anthropological concepts and explanations because they are not embedded in a testable, analytic framework. In this book, Gary Becker and Kevin Murphy provide such a framework by including the social environment along with standard goods and services in their utility functions. These extended utility functions provide a way of analyzing how changes in the social environment affect people's choices and behaviors. More important, they also provide a way of analyzing how the social environment itself is determined by the interactions of individuals. Using this approach, the authors are able to explain many puzzling phenomena, including patterns of drug use, how love affects marriage patterns, neighborhood segregation, the prices of fine art and other collectibles, the social side of trademarks, the rise and fall of fads and fashions, and the distribution of income and status.




Intelligence Collection


Book Description

This comprehensive book by one of the foremost authorities in the field offers systematic and analytical coverage of the "how and why" of intelligence collection across its three major stages—the front end (planning), collection, and the back end (processing, exploitation, and dissemination). The book provides a fresh, logical, and easily understandable view of complex collection systems used worldwide. Its ground-breaking organizational approach facilitates understanding and cross-INT collaboration, highlighting the similarities and differences among the collection INTs. The first part of the book explains how the literal INTs—open source, human intelligence, communications intelligence, and cyber collection—work. The second part focuses on nonliteral or technical INTs including imagery, electronic intelligence, and measurements and signatures intelligence. All chapters use a common format based on systems analysis methodology, detailing function, process, and structure of the collection disciplines. The third part is a complete chapter discussing the complexities of collection management in the United States. Rich, full color illustrations accompany the text with examples throughout the book on topics as diverse as battlespace situational awareness, terrorism, weapons proliferation, criminal networks, treaty monitoring, and identity intelligence.




From New Era to New Deal


Book Description

This book examines Hoover's record as secretary of commerce (1921-9) and economic policy during his Presidency (1929-33).