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The policies associated with Margaret Thatcher's UK government as well as the contested and often opaque term Thatcherism, have become synonymous with liberal economic ideology while the period from 1979 to 1990 has proved fascinating and controversial with much literature being generated about the formation of the policies that came ...
Neoliberal Thought and the Thatcher Government
The policies associated with Margaret Thatcher's UK government as well as the contested and often opaque term Thatcherism, have become synonymous with liberal economic ideology while the period from 1979 to 1990 has proved fascinating and controversial with much literature being generated about the formation of the policies that came to define Thatcherism, the government's time in power and, of course, its legacy. However, the link between liberal ideas and the Thatcher government has frequently been made too simplistically with individual thinkers and schools of thought presented as a bloc when infact, there were many contesting forces behind the economic and political policies of the time. This books brings the influences that shaped Thatcherism into sharper focus.
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196.22 USD

Neoliberal Thought and the Thatcher Government

by Robert Ledger
Hardback
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Why has inequality increased in the Western world - and what can we do about it? In The Great Divide, Joseph E. Stiglitz expands on the diagnosis he offered in his best-selling book The Price of Inequality and suggests ways to counter this growing problem. With his characteristic blend of ...
The Great Divide,
Why has inequality increased in the Western world - and what can we do about it? In The Great Divide, Joseph E. Stiglitz expands on the diagnosis he offered in his best-selling book The Price of Inequality and suggests ways to counter this growing problem. With his characteristic blend of clarity and passion, Stiglitz argues that inequality is a choice - the cumulative result of unjust policies and misguided priorities. In these essays, articles and reflections, Stiglitz fully exposes the inequality - from its dimensions and its causes to its consequences for the world - that is afflicting America and other Western countries in thrall to neoliberalism. From Reagan-era policies to the Great Recession and its long aftermath, Stiglitz delves into the processes and irresponsible policies - deregulation, tax cuts for the rich, the corruption of the political process - that are leaving many people further and further behind and turning the dream of a socially mobile society into an ever more unachievable myth. With formidable yet accessible economic insight, he urges us to embrace real solutions: increasing taxes on corporations and the wealthy; investing in education, science, and infrastructure; helping homeowners instead of banks; and, most importantly, doing more to restore the economy to full employment. Stiglitz's analysis reaches beyond America - the inequality leader of the developed world - to draw lessons from Scandinavia, Singapore, and Japan, and he argues against the tide of unnecessary, destructive austerity that is sweeping across Europe. Ultimately, Stiglitz believes our choice is not between growth and fairness; with the right policies, we can choose both.
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18.64 USD

The Great Divide,

by Joseph Stiglitz
Paperback
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This monograph, now in a thoroughly revised second edition, offers the latest research on random sets. It has been extended to include substantial developments achieved since 2005, some of them motivated by applications of random sets to econometrics and finance. The present volume builds on the foundations laid by Matheron ...
Theory of Random Sets: 2017
This monograph, now in a thoroughly revised second edition, offers the latest research on random sets. It has been extended to include substantial developments achieved since 2005, some of them motivated by applications of random sets to econometrics and finance. The present volume builds on the foundations laid by Matheron and others, including the vast advances in stochastic geometry, probability theory, set-valued analysis, and statistical inference. It shows the various interdisciplinary relationships of random set theory within other parts of mathematics, and at the same time fixes terminology and notation that often vary in the literature, establishing it as a natural part of modern probability theory and providing a platform for future development. It is completely self-contained, systematic and exhaustive, with the full proofs that are necessary to gain insight. Aimed at research level, Theory of Random Sets will be an invaluable reference for probabilists; mathematicians working in convex and integral geometry, set-valued analysis, capacity and potential theory; mathematical statisticians in spatial statistics and uncertainty quantification; specialists in mathematical economics, econometrics, decision theory, and mathematical finance; and electronic and electrical engineers interested in image analysis.
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167.990000 USD

Theory of Random Sets: 2017

Hardback
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Patrick Suppes (1922-2014) was an extraordinarily wide-ranging scholar. Although best known as a philosopher of science, Suppes made substantial contributions to a remarkably wide range of different fields of research including many relevant to economics: decision theory, philosophy of economics, modeling theory, foundations of measurement, philosophy of psychology (and thus ...
Patrick Suppes, Economics, and Economic Methodology
Patrick Suppes (1922-2014) was an extraordinarily wide-ranging scholar. Although best known as a philosopher of science, Suppes made substantial contributions to a remarkably wide range of different fields of research including many relevant to economics: decision theory, philosophy of economics, modeling theory, foundations of measurement, philosophy of psychology (and thus what is now behavioral economics), and many other fields. This collection recognizes Suppes's contributions to economics and economic methodology with a symposium of papers that examine, build on, and/or assess Suppes's research in these areas. The authors include philosophers, economists, game theorists, historians of economics, and many whose research combine these fields. The book honors Pat Suppes while at the same time exhibiting the richness of contemporary philosophy of economics. It was originally published as a special issue of the Journal of Economic Methodology.
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196.22 USD

Patrick Suppes, Economics, and Economic Methodology

Hardback
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In this letter to his teenage daughter, one of the world's most famous economists uses vivid stories to explain what economics is and why it is so dangerous. What is money and why does debt exist? Where do wealth and inequality come from? How come economics has the power to ...
Talking to My Daughter About the Economy: A Brief History of Capitalism

In this letter to his teenage daughter, one of the world's most famous economists uses vivid stories to explain what economics is and why it is so dangerous. What is money and why does debt exist? Where do wealth and inequality come from? How come economics has the power to shape and destroy our lives? Economics is not a technical science, it is an epic drama: a battleground of ideas, a war between the powerful for our allegiance. In this universally accessible book, Yanis Varoufakis describes how this drama first emerged and has since come to dominate the fate of human societies worldwide. In answering all of the big questions about money and debt, power and inequality, he shows how economics has sought to solve the problems of our world but ended up being a major cause of many of them. Drawing on history and literature, science fiction and personal memories, this intimate and inspiring book shines a light for readers of all ages on some of the most bewildering questions and important challenges that humanity faces.

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18.64 USD

Talking to My Daughter About the Economy: A Brief History of Capitalism

by Yanis Varoufakis
Paperback
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Adam Smith's contribution to economics is well recognised, but scholars have recently been exploring anew the multidisciplinary nature of his works. The Adam Smith Review is a rigorously refereed annual review that provides a unique forum for interdisciplinary debate on all aspects of Adam Smith's works, his place in history, ...
The Adam Smith Review: Volume 10
Adam Smith's contribution to economics is well recognised, but scholars have recently been exploring anew the multidisciplinary nature of his works. The Adam Smith Review is a rigorously refereed annual review that provides a unique forum for interdisciplinary debate on all aspects of Adam Smith's works, his place in history, and the significance of his writings to the modern world. It is aimed at facilitating debate between scholars working across the humanities and social sciences, thus emulating the reach of the Enlightenment world which Smith helped to shape. This tenth volume brings together leading scholars from across several disciplines, and offers a particular focus on Smith's continuing impact on the history of economics. There is also an emphasis throughout the volume on the relationship between Smith's work and that of other key thinkers.
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196.22 USD

The Adam Smith Review: Volume 10

Hardback
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Can Democracy Survive Global Capitalism?
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29.350000 USD

Can Democracy Survive Global Capitalism?

by Robert Kuttner
Hardback
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Development is not a purely economic phenomenon; it also has a strong sociological element. The Many Faces of Socioeconomic Change explores how economic socio-cultural and political aspects of human progress have been studied since the time of Adam Smith. Surveying narratives of how development occurs, from early evolutionary models to ...
The Many Faces of Socioeconomic Change
Development is not a purely economic phenomenon; it also has a strong sociological element. The Many Faces of Socioeconomic Change explores how economic socio-cultural and political aspects of human progress have been studied since the time of Adam Smith. Surveying narratives of how development occurs, from early evolutionary models to recent types of development theory, it outlines the main long-term changes in how socioeconomic development has been envisaged through time. The Many Faces of Socioeconomic Change presents the argument that socioeconomic development emerged with the creation of grand evolutionary sequences of social progress that were the products of Enlightenment and mid-Victorian thinkers. By the middle of the twentieth century, when interest in accelerating development gave the topic a new impetus its scope narrowed to a set of economically based strategies. After 1960, however, faith in such strategies began to wane, in the face of indifferent results and a general faltering of confidence in economists' boasts of scientific expertise. In the twenty first century, development research is being pursued using research methods that generate disconnected results. As a result, it seems unlikely that any grand narrative will be created in the future and that Neo-liberalism will be the last of this particular kind of socioeconomic theory. With a broad scope of content and clear exposition of academic thinking this book guides the reader through the way in which the policy adopted as a consequence of modern theories has been less effective because of the neglect or a misunderstanding of the social context within which they operate.
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42.66 USD

The Many Faces of Socioeconomic Change

by John Toye
Hardback
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From Nobel Prize-winning economist Jean Tirole, a bold new agenda for the role of economics in society When Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter ...
Economics for the Common Good
From Nobel Prize-winning economist Jean Tirole, a bold new agenda for the role of economics in society When Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics, far from being a dismal science, is a positive force for the common good. Economists are rewarded for writing technical papers in scholarly journals, not joining in public debates. But Tirole says we urgently need economists to engage with the many challenges facing society, helping to identify our key objectives and the tools needed to meet them. To show how economics can help us realize the common good, Tirole shares his insights on a broad array of questions affecting our everyday lives and the future of our society, including global warming, unemployment, the post-2008 global financial order, the Euro crisis, the digital revolution, innovation, and the proper balance between the free market and regulation. Providing a rich account of how economics can benefit everyone, Economics for the Common Good sets a new agenda for the role of economics in society.
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42.58 USD

Economics for the Common Good

by Jean Tirole
Hardback
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The development of Nigeria's oil industry is examined comprehensively in this book, originally published in 1984. It charts the changing course of her economy and examines the dramatic effect oil has had on Nigeria's domestic and international policies. Oil has enabled her to command a powerful position in African affairs ...
The Nigerian Oil Economy: From Prosperity to Glut
The development of Nigeria's oil industry is examined comprehensively in this book, originally published in 1984. It charts the changing course of her economy and examines the dramatic effect oil has had on Nigeria's domestic and international policies. Oil has enabled her to command a powerful position in African affairs and within OPEC itself, but at the same time, has held back other forms of economic development. Nigeria's future in the oil industry, as well as in related fields such as gas, is assessed both in the light of her former policies and in the changing world economy. This book will be of interest to all concerned in the oil industry, international finance or world power politics.
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136.50 USD

The Nigerian Oil Economy: From Prosperity to Glut

by J K Onoh
Hardback
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Knowledge, Class and Economics: Marxism without Guarantees surveys the Amherst school of non-determinist Marxist political economy, 40 years on: its core concepts, intellectual origins, diverse pathways, and enduring tensions. The volume's 30 original essays reflect the range of perspectives and projects that comprise the Amherst school - the interdisciplinary community ...
Knowledge, Class and Economics: Marxism Without Guarantees
Knowledge, Class and Economics: Marxism without Guarantees surveys the Amherst school of non-determinist Marxist political economy, 40 years on: its core concepts, intellectual origins, diverse pathways, and enduring tensions. The volume's 30 original essays reflect the range of perspectives and projects that comprise the Amherst school - the interdisciplinary community of scholars that has shaped, challenged, and extended the anti-economistic Marxism first formulated in the mid-1970s by Stephen Resnick, Richard Wolff, and their economics Ph.D. students at the University of Massachusetts at Amherst. The title captures the defining ideas of the Amherst school: an open-system framework that presupposes the complexity and contingency of social-historical events and the parallel over determination of the relationship between subjects and objects of inquiry, along with a novel conception of class as a process of performing, appropriating, and distributing surplus labor. In a collection of 30 original essays, chapters confront readers with the core concepts of over determination and class in the context of economic theory, postcolonial theory, cultural studies, Continental philosophy, economic geography, economic anthropology, psychoanalysis, and literary theory/studies. Though Resnick and Wolff's writings serve as a focal point for this collection, their works are ultimately decentered - challenged, historicized, extended, and revised. The topics explored will be of interest to proponents and critics of the post-structuralist/postmodern turn in Marxian theory and to students of economics as social theory across the disciplines (economics, geography, postcolonial studies, cultural studies, anthropology, sociology, political theory, philosophy, and literary studies, among others).
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59.70 USD

Knowledge, Class and Economics: Marxism Without Guarantees

Paperback
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Joseph A. Schumpeter was a monumental figure in the history and development of economics. This work brings together his brilliant lectures, delivered more than a century ago, in its first English-language paperback edition. Here, readers will discover Schumpeter's search for an economic science devoid of moral or political dogma. The ...
The Nature and Essence of Economic Theory
Joseph A. Schumpeter was a monumental figure in the history and development of economics. This work brings together his brilliant lectures, delivered more than a century ago, in its first English-language paperback edition. Here, readers will discover Schumpeter's search for an economic science devoid of moral or political dogma. The Nature and Essence of Economic Theory works out what people should think of pure economics, what its nature is, what its methods and findings are, and where thought takes off from there. The book shows the limitations and weaknesses of nineteenth-century economics and how the field could be and was improved by establishing a fundamental differentiation between 'statistics' and 'dynamics'. To convey his arguments, Schumpeter uses certain axioms that form a consistent, self-contained system and show how sound economic science is based on facts and events rather than presuppositions or definitions. Schumpeter's larger aim, beyond a pedagogic tool, was to deduce changes in the market, trade, and exchange of goods and services. He defined the task of economy as the description of the system and its change tendencies. If that can be achieved unequivocally, without resorting to doctrine or dogma, then the field can be considered self-contained.
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59.70 USD

The Nature and Essence of Economic Theory

by Joseph a Schumpeter
Paperback
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Americans tend to believe that their country is very different from Europe. Yet over the past half century they have imported and embraced the most transformative social idea of modern Scandinavia: egalitarianism. Today, the United States is more like Sweden than it is different, dedicated to economic redistribution and to ...
The Rise of Big Government: How Egalitarianism Conquered America
Americans tend to believe that their country is very different from Europe. Yet over the past half century they have imported and embraced the most transformative social idea of modern Scandinavia: egalitarianism. Today, the United States is more like Sweden than it is different, dedicated to economic redistribution and to vigorously defending their big government. What price, morally and economically, are today's Americans willing to pay to preserve their egalitarian welfare state? Are they willing to turn life into a fiscal cost item? Will they sacrifice their children's future prosperity to defend their entitlements? The Rise of Big Government: How Egalitarianism Conquered America pursues the answer to these questions by going back to the ideological origins of the modern, egalitarian welfare state. Specifically, the book asks why this unity has been able to set such deep roots in the United States, a country that is often perceived as fundamentally different when it comes to the role of government in the economy. It is shown that there are more similarities than differences between the welfare state in the United States and its Swedish template . This book is essential reading for anyone interested in understanding how the egalitarian ideology conquered the United States, and who seek to gain a deeper understanding of its strength, its resiliency - and the problems it faces for the future.
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51.18 USD

The Rise of Big Government: How Egalitarianism Conquered America

by Sven R Larson
Paperback
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Many scholars discuss Marx's Capital from many perspectives, but Accounting for Value uniquely advances and defends an 'accounting interpretation' of his theory of value, that he used it to explain capitalists' accounts. It confirms and builds on the Temporal Single-System Interpretation's refutation of the charge that Marx's illustration of the ...
Accounting for Value in Marx's Capital: The Invisible Hand
Many scholars discuss Marx's Capital from many perspectives, but Accounting for Value uniquely advances and defends an 'accounting interpretation' of his theory of value, that he used it to explain capitalists' accounts. It confirms and builds on the Temporal Single-System Interpretation's refutation of the charge that Marx's illustration of the 'transformation from values to prices' is inconsistent, and its defense of his 'Law of the Tendential Fall in the Rate of Profit'. It rejects other interpretations by showing that only a 'temporal', 'single-system' interpretation is consistent with Marx's accounting. The book shows that Marx became seriously interested in accounts from the late 1850s during an important period in the development of his critique of political economy, asking Engels for information and explanations. Examining their letters in the context of Marx's evolving work, it argues, supports the hypothesis that discovering he could explain them with his theory of value gave him the breakthrough he needed to decide how to present his work and explains why, in 1862, he decided to change its title to Capital. Marx's explanations of capitalist accounting, it concludes, amount to an 'accounting theory' that explains how individual capitalists and the capital market use what is, for many, the 'invisible hand' of accounting to control the production and distribution of surplus value. Marx claimed his theory of value was a work of 'science', a critique of political economy that would deliver a 'theoretical blow' from which the bourgeoisie would 'never recover'. He failed, critics argue, because his critique depends on hypothetical entities, which we cannot directly observe, such as 'value' and 'abstract labour', 'surplus value', which means his theory is not open to empirical refutation. The book, however, argues that he used his theory of value to explain the 'phenomenal forms' of 'profit', 'rate of profit', etc., by explaining the observable accounting principles and practices capitalists use to calculate and control them, in which, as he said, we can 'glimpse' the determination of value by socially necessary labor time, which experience could have refuted.
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127.97 USD

Accounting for Value in Marx's Capital: The Invisible Hand

by Robert Bryer
Hardback
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The 2008 global financial crisis has led to the re-emergence in public discourse of the idea that capitalism could end. For many, it was proof of the notion that capitalist civilisation has an endemic tendency towards crisis that will ultimately bring about its demise. Must we assume, however, that such ...
The Writing on the Wall: On the Decomposition of Capitalism and its Critics
The 2008 global financial crisis has led to the re-emergence in public discourse of the idea that capitalism could end. For many, it was proof of the notion that capitalist civilisation has an endemic tendency towards crisis that will ultimately bring about its demise. Must we assume, however, that such an eventuality would inevitably result in the liberation of humanity, as many orthodox Marxists claim? Through a collection of specially revised essays, first published in France between 2007 and 2010, Anselm Jappe draws on the radical new perspective of the critique of value as a critical tool with which to understand today's world and to re-examine the question of human emancipation. The Writing on the Wall offers a powerful new analysis of the decomposition of capitalism and its critics.
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22.17 USD

The Writing on the Wall: On the Decomposition of Capitalism and its Critics

by Anselm Jappe
Paperback
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For many years, scholars have explored the relationship between economics and literature, from Ferdinand de Saussure to Thomas Piketty. In particular, literature has been used to show how economic events can have an impact on everyday life. A subfield of literary criticism has also developed with a focus on the ...
Economics and Literature: A Comparative and Interdisciplinary Approach
For many years, scholars have explored the relationship between economics and literature, from Ferdinand de Saussure to Thomas Piketty. In particular, literature has been used to show how economic events can have an impact on everyday life. A subfield of literary criticism has also developed with a focus on the 'economic novel'. This book is a new and interdisciplinary attempt to explore the ways in which economics and literature intersect. It showcases a fruitful dialogue between specialists from various backgrounds in the humanities and social sciences, exploring themes including wealth, passion, interest, economic agency, money, economic development, economic crisis and economic and social change.
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179.16 USD

Economics and Literature: A Comparative and Interdisciplinary Approach

Hardback
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For over three decades neoliberalism has remained the dominant economic ideology. Whilst it may have emerged relatively unscathed from the global financial crisis in 2008, neoliberalism is now - more than ever - the focus of intense scrutiny and debate from critics who argue that it has failed to live ...
Neoliberalism
For over three decades neoliberalism has remained the dominant economic ideology. Whilst it may have emerged relatively unscathed from the global financial crisis in 2008, neoliberalism is now - more than ever - the focus of intense scrutiny and debate from critics who argue that it has failed to live up to its many promises delivering instead an increasingly unequal and unhappy world. This book offers a nuanced and probing analysis of the meaning and practical application of neoliberalism in the contemporary world. It guides readers through the current debates around the definition and character of neoliberalism, separating myth from reality and outlining competing approaches to this pervasive doctrine. Drawing on examples such as the growth of finance, the role of corporate power and the rise of workfare and inequality, the book advances a balanced but distinctive perspective on neoliberalism as involving the interaction of political economic ideas, processes of material economic change and a series of political transformations. It also considers the resilience of neoliberalism in the current climate of political disenchantment and economic austerity and explores what some proclaim as the impending death of neoliberalism and what can be done about it. Clearly and accessibly written, this book will be a valuable resource for students and scholars across the social sciences
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27.29 USD

Neoliberalism

by Martijn Konings, Damien Cahill
Paperback
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For over three decades neoliberalism has remained the dominant economic ideology. Whilst it may have emerged relatively unscathed from the global financial crisis in 2008, neoliberalism is now - more than ever - the focus of intense scrutiny and debate from critics who argue that it has failed to live ...
Neoliberalism
For over three decades neoliberalism has remained the dominant economic ideology. Whilst it may have emerged relatively unscathed from the global financial crisis in 2008, neoliberalism is now - more than ever - the focus of intense scrutiny and debate from critics who argue that it has failed to live up to its many promises delivering instead an increasingly unequal and unhappy world. This book offers a nuanced and probing analysis of the meaning and practical application of neoliberalism in the contemporary world. It guides readers through the current debates around the definition and character of neoliberalism, separating myth from reality and outlining competing approaches to this pervasive doctrine. Drawing on examples such as the growth of finance, the role of corporate power and the rise of workfare and inequality, the book advances a balanced but distinctive perspective on neoliberalism as involving the interaction of political economic ideas, processes of material economic change and a series of political transformations. It also considers the resilience of neoliberalism in the current climate of political disenchantment and economic austerity and explores what some proclaim as the impending death of neoliberalism and what can be done about it. Clearly and accessibly written, this book will be a valuable resource for students and scholars across the social sciences
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68.200000 USD

Neoliberalism

by Martijn Konings, Damien Cahill
Hardback
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For over 2000 years, economics was studied in the West as a branch of ethics, or moral philosophy. Presently, though, few economists and no textbook in economic orthodoxy claim any close connection between economic science and philosophy. However, might the current 'crises' in economics, and in the economics profession have ...
Philosophy in the Time of Economic Crisis: Pragmatism and Economy
For over 2000 years, economics was studied in the West as a branch of ethics, or moral philosophy. Presently, though, few economists and no textbook in economic orthodoxy claim any close connection between economic science and philosophy. However, might the current 'crises' in economics, and in the economics profession have their deep roots in the separation of economics from philosophy and ethics? American pragmatism, among the various contemporary philosophic traditions, lends itself specially to dialogue with economics because of its view of philosophy as an instrument for solving the real, concrete problems of human life, both personal and social. The essays in this volume, drawing heavily on the tradition of pragmatism, suggest that the economic crises of our time (the 2008 collapse of real estate and finance markets) might not be merely technical in nature - that is, the result of faulty applications of economic tools by politicians and policy makers, based up conventional economic models - but also due to the faulty philosophical assumptions underlying those models. These essays suggest that the overcoming of our current economic crises requires that economists once again become moral philosophers, or that philosophers once again engage themselves in economic matters. In either case, this volume aims to foster dialogue between the two disciplines and in that way, contribute to the improvement of contemporary economic life. This book is suitable for those who study political economy, economic theory and economic philosophy.
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179.16 USD

Philosophy in the Time of Economic Crisis: Pragmatism and Economy

Hardback
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In a concise, compelling argument, one of the founders and most influential advocates of the law and economics movement divides the subject into two separate areas, which he identifies with Jeremy Bentham and John Stuart Mill. The first, Benthamite, strain, economic analysis of law, examines the legal system in the ...
The Future of Law and Economics: Essays in Reform and Recollection
In a concise, compelling argument, one of the founders and most influential advocates of the law and economics movement divides the subject into two separate areas, which he identifies with Jeremy Bentham and John Stuart Mill. The first, Benthamite, strain, economic analysis of law, examines the legal system in the light of economic theory and shows how economics might render law more effective. The second strain, law and economics, gives equal status to law, and explores how the more realistic, less theoretical discipline of law can lead to improvements in economic theory. It is the latter approach that Judge Calabresi advocates, in a series of eloquent, thoughtful essays that will appeal to students and scholars alike.
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34.12 USD

The Future of Law and Economics: Essays in Reform and Recollection

by Guido Calabresi
Paperback
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The Price of Coal
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153.56 USD

The Price of Coal

by Michael P. Jackson
Hardback
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This book summarizes the research findings in regarding a region as a rational and abstract concept and explores the principles of regional science. Focusing on location theory, spatial dynamics and regional evolution theory, it stresses that the region as a scientific concept is an essential abstract of an economic entity ...
Principles of Regional Science: 2017
This book summarizes the research findings in regarding a region as a rational and abstract concept and explores the principles of regional science. Focusing on location theory, spatial dynamics and regional evolution theory, it stresses that the region as a scientific concept is an essential abstract of an economic entity of a place. While it introduces a number of case studies, the content is general and universal rather than specific. Beginning with location theory - the basis of regional science - it explains how regions breed their own characteristics as economic entities against a background of place. For example, it discusses the location theory of the tourism industry and analyzes issues of facility location and R&D-industry location theory. The second part of the book addresses interactions with the spatial dynamics, including the dynamic mechanism of regions against a background of space. Spatial dynamics, which includes concepts from statistical physics, provides insights into the dynamic mechanism of aggregation, diffusion, and industrial clustering in regional science as well as in geography and economics. The book then describes regional dynamics as a development of spatial dynamics: REGION is completely independent as a research object and is no longer part of spatial dynamics. This book also discusses in detail regions as the dynamic characteristics of the economy or the basic characteristics of a certain place and examines the theory of regional evolution. It argues that regions are evolution and irreversible features of development with path dependence, which are the characteristics of a region that differ from general economic phenomena. This book by Professor Zheng Wang is outstanding. Its focus on Regional Science will open this area up to a wide variety of theoretical and applied researchers. I recommend the work without reservations. It covers critically important principles in the field and should be read and used by students, faculty and applied researchers doing policy analysis. I can see this as an important handbook and reference work as well as a textbook in the field. Kingsley Haynes
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157.490000 USD

Principles of Regional Science: 2017

by Zheng Wang
Hardback
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The theory of costs is a cornerstone of economic thinking, and it plays a vital role in the study of human action and society. From the first day of a principles-level course to the most advanced academic literature, costs play a vital role in virtually all behaviors and economic outcomes. ...
The Economic Theory of Costs: Foundations and New Directions
The theory of costs is a cornerstone of economic thinking, and it plays a vital role in the study of human action and society. From the first day of a principles-level course to the most advanced academic literature, costs play a vital role in virtually all behaviors and economic outcomes. How we make choices, why we trade, and how we build institutions and social orders are all problems that can be explained in light of the costs we face. This volume explores, develops, and critiques the rich literature on costs, examining the many roles cost plays in economic theory and practice. The book especially studies costs from the perspective of the Austrian or causal-realist approach to economics. The chapters integrate historical work with contemporary research, finding valuable crossroads between numerous traditions in economics. They examine the role of costs in theories of choice and opportunity costs; demand and income effects; production and distribution; risk and interest rates; uncertainty and production; monopsony; Post-Keynesianism; transaction costs; socialism and management; and social entrepreneurship. Together, these essays represent an update and restatement of a central element in the economic way of thinking. Each chapter reveals how the Austrian, causal-realist approach to thinking about costs can be used to solve an important problem or debate in economics. These chapters are not only useful for students learning these concepts for the first time: they are also valuable for researchers seeking to understand the unique Austrian perspective and those who want to apply it to new problems.
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179.16 USD

The Economic Theory of Costs: Foundations and New Directions

Hardback
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This textbook offers an introduction to advanced microeconomic theory that emphasizes the intuition behind mathematical assumptions, providing step-by-step examples that show how to apply theoretical models. It covers standard topics such as preference relations, demand theory and applications, producer theory, choice under uncertainty, partial and general equilibrium, monopoly, game theory ...
Advanced Microeconomic Theory: An Intuitive Approach with Examples
This textbook offers an introduction to advanced microeconomic theory that emphasizes the intuition behind mathematical assumptions, providing step-by-step examples that show how to apply theoretical models. It covers standard topics such as preference relations, demand theory and applications, producer theory, choice under uncertainty, partial and general equilibrium, monopoly, game theory and imperfect competition, externalities and public goods, and contract theory; but its intuitive and application-oriented approach provides students with a bridge to more technical topics. The book can be used by advanced undergraduates as well as Masters students in economics, finance, and public policy, and by PhD students in programs with an applied focus. The text connects each topic with recent findings in behavioral and experimental economics, and discusses these results in context, within the appropriate chapter. Step-by-step examples appear immediately after the main theoretical findings, and end-of chapter exercises help students understand how to approach similar exercises on their own. An appendix reviews basic mathematical concepts. A separate workbook, Practice Exercises for Advanced Microeconomic Theory, offers solutions to selected problems with detailed explanations. The textbook and workbook together help students improve both their theoretical and practical preparation in advanced microeconomics.
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119.35 USD

Advanced Microeconomic Theory: An Intuitive Approach with Examples

by Felix Munoz-Garcia
Hardback
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This book provides a fully revised and up-to-date analysis of the Economic and Monetary Union (EMU). With four entirely new chapters on responses to the financial crisis and the debate on reform options, Tomann assesses the EMU in comparison with other currency regimes through the adoption of a historical analysis. ...
Monetary Integration in Europe: The European Monetary Union After the Financial Crisis: 2017
This book provides a fully revised and up-to-date analysis of the Economic and Monetary Union (EMU). With four entirely new chapters on responses to the financial crisis and the debate on reform options, Tomann assesses the EMU in comparison with other currency regimes through the adoption of a historical analysis. The book discusses in detail basic issues with currency and comprehensively analyzes monetary policy, highlighting problems of policy coordination. Tomann explores new monetary institutions that have been established in response to the financial crisis, before addressing long-term issues and reviewing reform proposals. By focusing on monetary issues the book offers a better understanding of macroeconomic policies and international policy cooperation, and, by extension, provides a thorough economic assessment of the EMU as an institution as it stands today.
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157.490000 USD

Monetary Integration in Europe: The European Monetary Union After the Financial Crisis: 2017

by Horst Tomann
Hardback
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Thomas Piketty's Capital in the Twenty-First Century has been hailed as a masterpiece, making a powerful case that wealth inequality is not an accident, but rather an inherent feature of capitalism. But how many of us who bought or borrowed the book have read more than a fraction of its ...
Pocket Piketty
Thomas Piketty's Capital in the Twenty-First Century has been hailed as a masterpiece, making a powerful case that wealth inequality is not an accident, but rather an inherent feature of capitalism. But how many of us who bought or borrowed the book have read more than a fraction of its 700+ pages? And how many of Piketty's groundbreaking ideas have gone unappreciated, all for want of intellectual stamina? In this handy volume, Jesper Roine - whose own work was relied upon by Piketty - explains in clear and accessible prose the key concepts behind, and controversies surrounding, Piketty's landmark work.
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11.93 USD

Pocket Piketty

by Jesper Roine
Paperback
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Computational and numerical methods are used in a number of ways across the field of finance. It is the aim of this book to explain how such methods work in financial engineering. By concentrating on the field of option pricing, a core task of financial engineering and risk analysis, this ...
Tools for Computational Finance: 2017
Computational and numerical methods are used in a number of ways across the field of finance. It is the aim of this book to explain how such methods work in financial engineering. By concentrating on the field of option pricing, a core task of financial engineering and risk analysis, this book explores a wide range of computational tools in a coherent and focused manner and will be of use to anyone working in computational finance. Starting with an introductory chapter that presents the financial and stochastic background, the book goes on to detail computational methods using both stochastic and deterministic approaches. Now in its sixth edition, Tools for Computational Finance has been significantly revised and contains: * Several new parts such as a section on extended applications of tree methods, including multidimensional trees, trinomial trees, and the handling of dividends; * Additional material in the field of generating normal variates with acceptance-rejection methods, and on Monte Carlo methods; *115 exercises, and more than 100 figures, many in color. Written from the perspective of an applied mathematician, all methods are introduced for immediate and straightforward application. A 'learning by calculating' approach is adopted throughout this book, enabling readers to explore several areas of the financial world. Interdisciplinary in nature, this book will appeal to advanced undergraduate and graduate students in mathematics, engineering, and other scientific disciplines as well as professionals in financial engineering.
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102.36 USD

Tools for Computational Finance: 2017

by Rudiger U. Seydel
Paperback
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The Economic Approach to Law, Third Edition
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94.500000 USD

The Economic Approach to Law, Third Edition

by Thomas J. Miceli
Hardback
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This book links the philosophical perception of time and Einstein's theory of special relativity to economic processes, showing that the phenomena of time dilation and length contraction seen in physics can be identified within - and adapted to - an economic framework. The author expands on Marx's model of reproduction ...
Time and Economics: The Concept of Functional Time
This book links the philosophical perception of time and Einstein's theory of special relativity to economic processes, showing that the phenomena of time dilation and length contraction seen in physics can be identified within - and adapted to - an economic framework. The author expands on Marx's model of reproduction with the additional variable of time, which is represented as a relative or functional category. In addition to allowing a more precise understanding of both static and dynamic relations between economic systems, this concept examines approaches to time proposed by Smith, Marshall and Keynes, and challenges the equilibrium and disequilibrium economic models. Rohatinski suggests that by understanding the differences in economic activity perceived across different time periods we are better able to influence that activity at micro- and macroeconomic levels.
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157.490000 USD

Time and Economics: The Concept of Functional Time

by Zeljko Rohatinski
Hardback
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This book highlights the contribution of language standardization to the economic rise of the West between 1600 and 1860. Previous studies have been unable to explain why during this period almost all industrial innovation was confined to small areas around the main cultural centers of three Western states - Britain, ...
The Singularity of Western Innovation: The Language Nexus: 2017
This book highlights the contribution of language standardization to the economic rise of the West between 1600 and 1860. Previous studies have been unable to explain why during this period almost all industrial innovation was confined to small areas around the main cultural centers of three Western states - Britain, France, and the United states. This book argues that Western Europe and its offshoots were the only Eurasian societies able to apply typography cheaply to their writing systems. The emergence in the West of large networks of people able to communicate in standardized languages made possible the breakthroughs of the Industrial Revolution. Military byproducts of three macro-innovations - the steam engine, machine tools, and interchangeable parts - then constituted the West's toolbox for empire. The book will appeal to readers seeking to explain how the West attained its unprecedented advance over Asia in the nineteenth century, and why this lead has since proved temporary.
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178.490000 USD

The Singularity of Western Innovation: The Language Nexus: 2017

by Leonard Dudley
Hardback
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