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Hayek's Challenge

By Bruce Caldwell
  • ISBN Code: : 0226091929
  • Publisher : University of Chicago Press
  • Pages : 500
  • Category : Business & Economics
  • Reads : 154
  • Book Compatibility : Pdf, ePub, Mobi, Kindle
  • Pdf : hayek-s-challenge.pdf

Book Excerpt :

Friedrich A. Hayek is regarded as one of the preeminent economic theorists of the twentieth century, as much for his work outside of economics as for his work within it. During a career spanning several decades, he made contributions in fields as diverse as psychology, political philosophy, the history of ideas, and the methodology of the social sciences. Bruce Caldwell—editor of The Collected Works of F. A. Hayek—understands Hayek's thought like few others, and with this book he offers us the first full intellectual biography of this pivotal social theorist. Caldwell begins by providing the necessary background for understanding Hayek's thought, tracing the emergence, in fin-de-siècle Vienna, of the Austrian school of economics—a distinctive analysis forged in the midst of contending schools of thought. In the second part of the book, Caldwell follows the path by which Hayek, beginning from the standard Austrian assumptions, gradually developed his unique perspective on not only economics but a broad range of social phenomena. In the third part, Caldwell offers both an assessment of Hayek's arguments and, in an epilogue, an insightful estimation of how Hayek's insights can help us to clarify and reexamine changes in the field of economics during the twentieth century. As Hayek's ideas matured, he became increasingly critical of developments within mainstream economics: his works grew increasingly contrarian and evolved in striking—and sometimes seemingly contradictory—ways. Caldwell is ideally suited to explain the complex evolution of Hayek's thought, and his analysis here is nothing short of brilliant, impressively situating Hayek in a broader intellectual context, unpacking the often difficult turns in his thinking, and showing how his economic ideas came to inform his ideas on the other social sciences. Hayek's Challenge will be received as one of the most important works published on this thinker in recent decades.

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Read Also This Books

Hayek and the Evolution of Capitalism

By Naomi Beck
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : University of Chicago Press
  • Book Code : 022655614X
  • Total of Pages : 208
  • Category : History
  • Members : 173
  • Pdf File: hayek-and-the-evolution-of-capitalism.pdf

Book Short Summary:

Few economists can claim the influence—or fame—of F. A. Hayek. Winner of the Nobel Prize, Hayek was one of the most consequential thinkers of the twentieth century, his views on the free market echoed by such major figures as Ronald Reagan and Margaret Thatcher. Yet even among those who study his work in depth, few have looked closely at his use of ideas from evolutionary science to advance his vision of markets and society. With this book Naomi Beck offers the first full-length engagement with Hayek’s thought from this perspective. Hayek argued that the capitalism we see in advanced civilizations is an unintended consequence of group selection—groups that adopted free market behavior expanded more successfully than others. But this attempt at a scientific grounding for Hayek’s principles, Beck shows, fails to hold water, plagued by incoherencies, misinterpretations of the underlying science, and lack of evidence. As crises around the globe lead to reconsiderations of the place of capitalism, Beck’s excavation of this little-known strand of Hayek’s thought—and its failure—is timely and instructive.

The Road to Serfdom

By F. A. Hayek
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 1317541979
  • Total of Pages : 295
  • Category : Business & Economics
  • Members : 833
  • Pdf File: the-road-to-serfdom.pdf

Book Short Summary:

A classic work in political philosophy, intellectual history and economics, The Road to Serfdom has inspired and infuriated politicians and scholars for half a century. Originally published in 1944, it was seen as heretical for its passionate warning against the dangers of state control over the means of production. For Hayek, the collectivist idea of empowering government with increasing economic control would lead not to a utopia but to the horrors of Nazi Germany and Fascist Italy. This new edition includes a foreword by series editor and leading Hayek scholar Bruce Caldwell explaining the book's origins and publishing history and assessing common misinterpretations of Hayek's thought. Caldwell has also standardized and corrected Hayek's references and added helpful new explanatory notes. Supplemented with an appendix of related materials and forewords to earlier editions by the likes of Milton Friedman, and Hayek himself, this new edition of The Road to Serfdom will be the definitive version of Friedrich Hayek's enduring masterwork.

Hayek's The Road to Serfdom

By Bruce Caldwell
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : University of Chicago Press
  • Book Code : 022614674X
  • Total of Pages : 16
  • Category : Business & Economics
  • Members : 530
  • Pdf File: hayek-s-the-road-to-serfdom.pdf

Book Short Summary:

The Road to Serfdom, F. A. Hayek’s 1944 warning against the dangers of government control, continues to influence politics more than seventy years after it was turned down by three American publishers and finally published by the University of Chicago Press. A classic work in political philosophy, intellectual and cultural history, and economics, the definitive edition of The Road to Serfdom included this essay as its Introduction. Here, acclaimed Hayek biographer and general editor of the Collected Works of F. A. Hayek series, Bruce Caldwell explains how Hayek came to write and publish the book, assesses misunderstandings of Hayek’s thought, and suggests how Hayek’s fears of Socialism lead him to abandon the larger scholarly project he had planned in 1940 to focus instead on a briefer, more popular and political tract—one that has influenced political and economic discourse ever since.

Hayek: A Collaborative Biography

By R. Leeson
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Springer
  • Book Code : 1137325097
  • Total of Pages : 304
  • Category : Political Science
  • Members : 886
  • Pdf File: hayek.pdf

Book Short Summary:

A group of leading scholars from around the world use archival material alongside Hayek's published work to bring a new perspective on the life and times of one the 20th Century's most influential economists. This much awaited second volume details the life of Hayek from 1899 to1933 covering Hayek's time in Austria and the USA.

Hayek: A Collaborative Biography

By Robert Leeson
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Springer
  • Book Code : 3319952196
  • Total of Pages : 432
  • Category : Business & Economics
  • Members : 552
  • Pdf File: hayek.pdf

Book Short Summary:

On 9 August 1974, Richard Nixon resigned to avoid impeachment; on 29 April 1975, the United States scuttled from their Embassy in Saigon - optics that were interpreted as defeats for the ‘International Right’. Yet in 1975, Margaret Thatcher became leader of the Conservative Party; and in 1976 Ronald Reagan almost unseated a sitting Republican Party President. Pivotal to the ‘turn to the Right’ was Friedrich ‘von’ Hayek’s 1974 Nobel Prize for Economic Science - awarded for having used Austrian Business Cycle Theory to predict the Great Depression: ‘For him it is not a matter of a simple defence of a liberal system of society as may sometimes appear from the popularized versions of his thinking.’ The evidence suggests that Hayek’s fraudulent assertion was uncovered at the University of Chicago in the early 1930s – but not reported. The most likely explanation is self-censorship - for reasons of ideological correctness, fund raising and residual deference to the Second Estate. Four indirect tests suggest that ‘free’ market economists have - in other instances and presumably for fund-raising motives - suppressed embarrassing ‘knowledge’: which suggests that they were perfectly capable of suppressing ‘knowledge’ about Hayek’s non-prediction of the Great Depression. With respect to the Nobel Prize and thus his ability to reach a wider audience, Hayek was fortune in having two loyal ‘intermediaries’: Lionel Robbins and Fritz Machlup who were – and probably felt themselves to be – ‘socially’ inferior to ‘von’ Hayek.

Liberalism, Conservatism, and Hayek's Idea of Spontaneous Order

By P. McNamara,L. Hunt
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Springer
  • Book Code : 0230609228
  • Total of Pages : 232
  • Category : Political Science
  • Members : 850
  • Pdf File: liberalism-conservatism-and-hayek-s-idea-of-spontaneous-order.pdf

Book Short Summary:

For Hayek, spontaneous order - the emergence of complex order as the unintended consequence of individual actions that have no such end in view - is both the origin of the Great Society and its underlying principle. These sometimes critical essays assess Hayek's position and argue that his work can inform contemporary social and political dilemmas.

A Few Hares to Chase

By Alan Bollard
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Oxford University Press
  • Book Code : 0191064769
  • Total of Pages : 224
  • Category : Business & Economics
  • Members : 871
  • Pdf File: a-few-hares-to-chase.pdf

Book Short Summary:

The Phillips Curve is world famous amongst economists. The man who invented it was an inventor, an engineer, a genius, who led an exciting life and contributed to economics in many different ways. Born and brought up on a remote farm in rural New Zealand, his early life was a search for adventure. He invented toys and rebuilt machinery as a child. He experienced the rigours of the Great Depression on construction sites, and while still a young man he roamed the outback of Australia picking up casual work, sometimes working in gold mines, sometimes crocodile hunting. In 1937 he set off to discover militarising Japan, a guerrilla war in Manchuria, Stalin's Soviet Union, and the tensions in Europe. On the outbreak of war, he joined the RAF and was sent to Singapore where he rearmed planes but was eventually incarcerated in a POW camp by the Japanese. In camp he learned languages, invented gadgets for the troops and built a clandestine radio. If his first 30 years had been a search for adventure, his later life was a search for economic stability. Back in Britain after the war, he scraped through a sociology degree at the LSE, before convincing a sceptical faculty to let him build a hydraulic model of the economy. This beautiful complex machine was a great success and put Bill Phillips on the track of serious economics. In the next few decades he developed new ideas for stabilising economies, was one of the first to use electronic computers, developed the Phillips Curve, showed ways to help an economy to grow, and developed new techniques to model economies. Always innovative, he took another heading in his later years, working out how to stabilise the Chinese economy which was being wracked by the Cultural Revolution. Bill Phillips pioneered a dozen new directions in economics, making him one of the most innovative and influential of our economic pioneers.

Beyond Reductionism

By Katharine Farrell,Tommaso Luzzati,Sybille van den Hove
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 1136281703
  • Total of Pages : 344
  • Category : Business & Economics
  • Members : 442
  • Pdf File: beyond-reductionism.pdf

Book Short Summary:

This is a book about the work of scientists in the era of the Anthropocene: where human beings appear to have become a driving force in the evolution of the planet. It is a diverse collection of empirical, methodological and theoretical chapters concerned with the practice of interdisciplinary social-ecological systems research. The aim of the contributors is to give the reader an appreciation for the range and complexity of the challenges faced by researchers, research institutions and wider communities trying to make sense of the causes and consequences of the this new era of global environmental change. The tragedy of the Anthropocene, of the large scale anthropogenic habitat destruction and planet-wide impacts of anthropogenic climate change, is not that science has failed humanity but rather that it has served humanity all too well, making possible in just a few hundred years volumes and scales of human activity far exceeding anything ever seen before. Coming to terms with that success was the aim of the 1969 Alpbach Symposium, from which this book draws its name, where contributors including Friedrich Hayek and Ludwig von Bertalanffy, asked themselves: what theory, practices and standards are required to move beyond reductionism? Like those from 1969, the answers presented in this collection are hugely diverse, ranging from PhD students concerned with research methods and institutional obstacles, to mid-career scholars presenting their innovative ‘beyond-reductionism’ research methods, to emeritus professors looking back over what has been achieved in the past 30 years and suggesting where things might go from here. All the contributors begin from the premise that the challenges of the Anthropocene can only be successfully met if interdisciplinary research effectively brings together social and natural sciences, the humanities, stakeholders and decision makers. They conclude, in unison, that both the institutional and the methodological foundations needed to do this work are still sorely lacking. While this may seem a dismal position, the book is full of success stories, such as: the integrative approach of MuSIASEM (Multi-Scale Integrative Assessment of Social-Ecological Metabolism) developed by Mario Giampietro’s group in Barcelona, Spain; the alternative perspectives of what Ariel Salleh calls the ‘meta-industrial’ discourse in Ecofeminism; or the innovative trans-departmental status of the Stockholm Resilience Centre in Sweden. Putting both the theoretical and methodological challenges of moving beyond reductionism on the table for discussion, this text aims to help a growing community of passionate thinkers and actors better understand themselves and their work.

A Boob's Life

By Leslie Lehr
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Simon and Schuster
  • Book Code : 1643136232
  • Total of Pages : 312
  • Category : Biography & Autobiography
  • Members : 899
  • Pdf File: a-boob-s-life.pdf

Book Short Summary:

A Boob’s Life explores the surprising truth about women’s most popular body part with vulnerable, witty frankness and true nuggets of American culture that will resonate with everyone who has breasts—or loves them. Author Leslie Lehr wants to talk about boobs. She’s gone from size AA to DDD and everything between, from puberty to motherhood, enhancement to cancer, and beyond. And she’s not alone—these are classic life stages for women today. At turns funny and heartbreaking, A Boob’s Life explores both the joys and hazards inherent to living in a woman’s body. Lehr deftly blends her personal narrative with national history, starting in the 1960s with the women’s liberation movement and moving to the current feminist dialogue and what it means to be a woman. Her insightful and clever writing analyzes how America’s obsession with the female form has affected her own life’s journey and the psyche of all women today. From her prize-winning fiction to her viral New York Times Modern Love essay, exploring the challenges facing contemporary women has been Lehr’s life-long passion. A Boob’s Life, her first project since breast cancer treatment, continues this mission, taking readers on a wildly informative, deeply personal, and utterly relatable journey. No matter your gender, you’ll never view this sexy and sacred body part the same way again.

F.A. Hayek as a Political Economist

By Thierry Aimar,Jack Birner,Pierre Garrouste
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 113469461X
  • Total of Pages : 258
  • Category : Business & Economics
  • Members : 938
  • Pdf File: f-a-hayek-as-a-political-economist.pdf

Book Short Summary:

Whilst some of Hayek's contributions to economics are purely analytical, others are inspired by a broader vision that could be characterized as political economy. In this authorative volume, some of the world's leading Hayek scholars examine the link between these two essential components of Hayek's thought, and consider them against a wider background of thought in the Austrian tradition.

Journey's Within

By Oscar Webb
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Xlibris Corporation
  • Book Code : 146911030X
  • Total of Pages : 411
  • Category : Reference
  • Members : 616
  • Pdf File: journey-s-within.pdf

Book Short Summary:

THIS A MY RESEARCHED WORK ON WHAT I HAVE LEARNED ABOUT SECRET SOCIETIES AND THIS NEW WORLD ORDER THAT KEPT POPING UP DURING THE DOCUMENTS I FOUND AND THE VIDEO’S. I POINT OUT THAT THIS NOW IS BEHIDE THE EVENTS OF 9/11 AND MANY OTHER EVENTS SUCH AS THE FIRST ATTACK ON THE WORLD TRADE CENTER BACK IN 1993 AND WACO AND COLUMBINE SCHOOL SHOOTING AND OKLAHOMA ALFRED P. MURRAH BUILDING BOMB ATTACK. IT LOOKS LIKE THESE SECRET SOCIEITES HAVE BEEN AROUND FOR A LONG TIME AND CALLING ALL THE ATTACKS AROUND THE WORLD, NOT JUST THE ONE’S IN THE UNITED STATES. THEY HAVE ALL THE MONEY IN THE WORLD SINCE THEY CONTROL THE INTERNATIONAL BANKERS AND FUND WARS. THE SEEK POWER AND CONTROL OF THE POPULATIONS OF THE WORLD. AND THERE’S MORE DESTRUCTIVE EVENTS THAT THEY HAVE PLANNED FOR THIS 2012 (FEAR-BASED) TRAUMA ATTACK ON AMERICA AGAIN FOR THEY SAY THEY DID’NT KILL ENOUGH PEOPLE ON SEPTEMBER 11TH 2001 READ THE INFORMATION IT’S OUT HERE JUST SEARCH IT OUT ONLINE AND OFFLINE.

An Enquiry into the Nature and Effects of the Paper Credit of Great Britain

By Henry Thornton
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 1351966642
  • Total of Pages : 368
  • Category : Business & Economics
  • Members : 204
  • Pdf File: an-enquiry-into-the-nature-and-effects-of-the-paper-credit-of-great-britain.pdf

Book Short Summary:

This book, first edited with an introduction by F. A. v. Hayek in 1939, explores some of the popular errors which related to the suspension of the cash payments of the Bank of England, and to the influence of our paper currency on the price of provisions. The introduction provides an interesting overview of the life, thoughts, and achievements of Henry Thornton. An Enquiry into the Nature and Effects of the Paper Credit of Great Britain will be of interest to students of the history of economic thought.

Slouching Towards Utopia

By J. Bradford DeLong
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Basic Books
  • Book Code : 0465023363
  • Total of Pages : 508
  • Category : Business & Economics
  • Members : 631
  • Pdf File: slouching-towards-utopia.pdf

Book Short Summary:

From one of the world’s leading economists, a grand narrative of the century that made us richer than ever, yet left us unsatisfied Before 1870, humanity lived in dire poverty, with a slow crawl of invention offset by a growing population. Then came a great shift: invention sprinted forward, doubling our technological capabilities each generation and utterly transforming the economy again and again. Our ancestors would have presumed we would have used such powers to build utopia. But it was not so. When 1870–2010 ended, the world instead saw global warming; economic depression, uncertainty, and inequality; and broad rejection of the status quo. Economist Brad DeLong's Slouching Towards Utopia tells the story of how this unprecedented explosion of material wealth occurred, how it transformed the globe, and why it failed to deliver us to utopia. Of remarkable breadth and ambition, it reveals the last century to have been less a march of progress than a slouch in the right direction.

American Notes

By Rudyard Kipling
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Simon and Schuster
  • Book Code : 1627939008
  • Total of Pages : 75
  • Category : Travel
  • Members : 120
  • Pdf File: american-notes.pdf

Book Short Summary:

It is hardly fair to Mr. Kipling to call American Notes first impressions, for one reading them will readily see that the impressions are superficial, little thought being put upon the writing. They seem super-sarcastic, and would lead one to believe that Mr. Kipling is antagonistic to America in every respect. This, however, is not true. These Notes aroused much protest and severe criticism when they appeared in 1891, and are considered so far beneath Mr. Kipling's real work that they have been nearly suppressed and are rarely found in a list of his writings.

Doughnut Economics

By Kate Raworth
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Chelsea Green Publishing
  • Book Code : 160358675X
  • Total of Pages : 320
  • Category : Business & Economics
  • Members : 745
  • Pdf File: doughnut-economics.pdf

Book Short Summary:

A Financial Times "Best Book of 2017: Economics” 800-CEO-Read “Best Business Book of 2017: Current Events & Public Affairs” 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.

The New Right

By Michael Malice
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : All Points Books
  • Book Code : 1250154677
  • Total of Pages : 288
  • Category : Political Science
  • Members : 127
  • Pdf File: the-new-right.pdf

Book Short Summary:

The definitive firsthand account of the movement that permanently broke the American political consensus. What do internet trolls, economic populists, white nationalists, techno-anarchists and Alex Jones have in common? Nothing, except for an unremitting hatred of evangelical progressivism and the so-called “Cathedral” from whence it pours forth. Contrary to the dissembling explanations from the corporate press, this movement did not emerge overnight—nor are its varied subgroups in any sense interchangeable with one another. As united by their opposition as they are divided by their goals, the members of the New Right are willfully suspicious of those in the mainstream who would seek to tell their story. Fortunately, author Michael Malice was there from the very inception, and in The New Right recounts their tale from the beginning. Malice provides an authoritative and unbiased portrait of the New Right as a movement of ideas—ideas that he traces to surprisingly diverse ideological roots. From the heterodox right wing of the 1940s to the Buchanan/Rothbard alliance of 1992 and all the way through to what he witnessed personally in Charlottesville, The New Right is a thorough firsthand accounting of the concepts, characters and chronology of this widely misunderstood sociopolitical phenomenon. Today’s fringe is tomorrow’s orthodoxy. As entertaining as it is informative, The New Right is required reading for every American across the spectrum who would like to learn more about the past, present and future of our divided political culture.

Journey To The Future

By Guy Dauncey
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Agio Publishing House
  • Book Code : 1927755352
  • Total of Pages : 442
  • Category : Fiction
  • Members : 685
  • Pdf File: journey-to-the-future.pdf

Book Short Summary:

In this blockbuster novel, young protagonist Patrick Wu visits a future world - Vancouver in 2032 - brimming with innovation and hope, where the climate crisis is being tackled, the solar revolution is underway and a new cooperative economy is taking shape. Dauncey's "brilliant book shows solutions to the climate crisis that offer a future rich in opportunity and joy" - scientist and award-winning broadcaster David Suzuki. Scientists, activists and politicians are enthusiastic in advance praise for Guy Dauncey's ecotopian novel, Journey To The Future. From Elizabeth May, NDP MP Murray Rankin and UK Green Party leader Caroline Lucas, to activists Tzeporah Berman, Angela Bischoff and Bill McKibben, and scientists David Suzuki, Andrew Weaver and Elisabet Sahtouris, the endorsements for Guy Dauncey's new book are united: Journey To The Future is a gamechanger that must be widely read. In this blockbuster novel, young protagonist Patrick Wu visits a future world - Vancouver in 2032 - brimming with innovation and hope, where the climate crisis is being tackled, the solar revolution is underway and a new cooperative economy is taking shape. But enormous danger still lurks. David R. Boyd, co-chair of Vancouver's Greenest City initiative, says Journey To The Future is "an imaginative tour de force, blending science, philosophy and fiction into a delightful story about how we can and must change the world." About the author, Guy Dauncey Guy Dauncey is a futurist who works to develop a positive vision of a sustainable future and to translate that vision into action. He is founder of the BC Sustainable Energy Association, and the author or co-author of ten books, including the award-winning Cancer: 101 Solutions to a Preventable Epidemic and The Climate Challenge: 101 Solutions to Global Warming. He is an Honorary Member of the Planning Institute of BC, a Fellow of the Findhorn Foundation in Scotland, and a powerful motivational speaker.

Rethinking the Keynesian Revolution

By Tyler Beck Goodspeed
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Oxford University Press
  • Book Code : 019994279X
  • Total of Pages : 216
  • Category : Business & Economics
  • Members : 799
  • Pdf File: rethinking-the-keynesian-revolution.pdf

Book Short Summary:

While standard accounts of the 1930s debates surrounding economic thought pit John Maynard Keynes against Friedrich von Hayek in a clash of ideology, this reflexive dichotomy is in many respects superficial. It is the argument of this book that both Keynes and Hayek developed their respective theories of the business cycle within the tradition of Swedish economist Knut Wicksell, and that this shared genealogy manifested itself in significant theoretical affinities between the two supposed antagonists. The salient features of Wicksell's work, namely the importance of money, the role of uncertainty, coordination failures, and the element of time in capital accumulation, all motivated the Keynesian and Hayekian theories of economic fluctuations. They also contributed to a fundamental convergence between the two economists during the 1930s. This shared, "Wicksellian" vision of economic problems points to a very different research agenda from that of the Walrasian-style, general equilibrium analysis that has dominated postwar macroeconomics. This book will appeal to economists interested in historical perspective of their discipline, as well as historians of economic thought. The author not only deconstructs some of the historical misconceptions of the Keynes versus Hayek debate, but also suggests how the insights uncovered can inform and instruct modern theory. While much of the analysis is technical, it does not assume previous knowledge of 1930s economic theory, and should be accessible to academics and graduate students with general economics training.

Uncommon Sense

By Gary S. Becker,Richard A. Posner
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : University of Chicago Press
  • Book Code : 0226041034
  • Total of Pages : 384
  • Category : Law
  • Members : 772
  • Pdf File: uncommon-sense.pdf

Book Short Summary:

On December 5, 2004, the still-developing blogosphere took one of its biggest steps toward mainstream credibility, as Nobel Prize–winning economist Gary S. Becker and renowned jurist and legal scholar Richard A. Posner announced the formation of the Becker-Posner Blog. In no time, the blog had established a wide readership and reputation as a reliable source of lively, thought-provoking commentary on current events, its pithy and profound weekly essays highlighting the value of economic reasoning when applied to unexpected topics. Uncommon Sense gathers the most important and innovative entries from the blog, arranged by topic, along with updates and even reconsiderations when subsequent events have shed new light on a question. Whether it’s Posner making the economic case for the legalization of gay marriage, Becker arguing in favor of the sale of human organs for transplant, or even the pair of scholars vigorously disagreeing about the utility of collective punishment, the writing is always clear, the interplay energetic, and the resulting discussion deeply informed and intellectually substantial. To have a single thinker of the stature of a Becker or Posner addressing questions of this nature would make for fascinating reading; to have both, writing and responding to each other, is an exceptionally rare treat. With Uncommon Sense, they invite the adventurous reader to join them on a whirlwind intellectual journey. All they ask is that you leave your preconceptions behind.

How China Became Capitalist

By R. Coase,N. Wang
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Springer
  • Book Code : 1137019379
  • Total of Pages : 256
  • Category : Business & Economics
  • Members : 860
  • Pdf File: how-china-became-capitalist.pdf

Book Short Summary:

How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.

Chicagonomics

By Lanny Ebenstein
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : St. Martin's Press
  • Book Code : 1466891122
  • Total of Pages : 336
  • Category : Business & Economics
  • Members : 597
  • Pdf File: chicagonomics.pdf

Book Short Summary:

Chicagonomics explores the history and development of classical liberalism as taught and explored at the University of Chicago. Ebenstein's tenth book in the history of economic and political thought, it deals specifically in the area of classical liberalism, examining the ideas of Friedrich Hayek and Milton Friedman, and is the first comprehensive history of economics at the University of Chicago from the founding of the University in 1892 until the present. The reader will learn why Chicago had such influence, to what extent different schools of thought in economics existed at Chicago, the Chicago tradition, vision, and what Chicago economic perspectives have to say about current economic and social circumstances. Ebenstein enlightens the personal and intellectual relationships among leading figures in economics at the University of Chicago, including Jacob Viner, Frank Knight, Henry Simons, Milton Friedman, George Stigler, Aaron Director, and Friedrich Hayek. He recasts classical liberal thought from Adam Smith to the present.

Huda and Me

By H. Hayek
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Allen & Unwin
  • Book Code : 1761061348
  • Total of Pages : 208
  • Category : Young Adult Fiction
  • Members : 788
  • Pdf File: huda-and-me.pdf

Book Short Summary:

A cheeky, fun and fast-moving tale of two Lebanese-Australian kids who decide to escape their horrible babysitter by running away...to the other side of the world. SHORTLISTED: 2022 CBCA Book of the Year, Younger Readers Huda's sitting in the airport lounge, fiddling with our tickets. I can tell she's excited because she has a little smile on her face and she keeps glancing at her pink digital watch. I can't believe we're doing this. I can't believe we're running away from home. Well, we're not really running away. We'll come back. We're running to our parents. On the other side of the world. When their parents have to travel to Beirut unexpectedly, twelve-year-old Akeal and his six siblings are horrified to be left behind in Melbourne with the dreaded Aunt Amel as their babysitter. Things do not go well, and Akeal's naughty little sister, Huda, hatches a bold plan to escape. After stealing Aunt Amel's credit card to buy plane tickets to Lebanon, Huda persuades her reluctant favourite brother to come with her. So begins Huda and Akeal's hair-raising and action-packed journey to reunite with their parents half a world away, in a city they've grown up dreaming about but have never seen. A fresh and funny story of sibling love, adventure and courage, Huda and Me is one of a kind. 'An irresistible invitation to young readers to embrace a story that is familiar at times, and wonderfully fresh and new at others.' RANDA ABDEL-FATTAH 'One minute you're laughing out loud and the next you're wiping away a cheeky tear. Big adventure, big laughs and big heart.' NAT AMOORE 'Sparkling with mischief, adventure and family love, Huda and Me is a gem of a story.' KIRSTY MURRAY 'A fresh and tender tale that will leave an imprint on your heart. I'm sure readers will relate to Akeal's hilarious and loving family, led by the loud and proud Huda. I absolutely adore this book.' OLIVER PHOMMAVANH

The Western Ideology and Other Essays

By Gamble, Andrew
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Policy Press
  • Book Code : 1529217075
  • Total of Pages : 280
  • Category : Political Science
  • Members : 966
  • Pdf File: the-western-ideology-and-other-essays.pdf

Book Short Summary:

‘Capitalism may be teetering once again on the edge of a terminal crisis, but there are no gravediggers in sight. This time around not only are there no gravediggers there are no longer any rival economic systems either ...’ In ‘The Western Ideology’ Andrew Gamble demonstrates the contradictions and the resilience of the doctrines that define liberal modernity, and examines the contemporary possibilities for dissent and change. This volume brings together for the first time this seminal essay with a collection of Andrew Gamble’s writings on political ideas and ideologies, which have been chosen by the author to illustrate the main themes of his writing in intellectual history and the history of ideas. Themes include the character of economic liberalism and neoliberalism, especially as expressed in the work of Friedrich Hayek, as well as critiques from both social democratic and conservative perspectives and from critics as varied as Karl Marx, Michael Oakeshott and Bob Dylan. The collection includes a new autobiographical introduction, notes on the essays and an epilogue putting the essays into the context of today’s society. Andrew Gamble provides a unique exploration of the debates and the ideas that have shaped our politics and Western ideology. A companion volume of Andrew Gamble’s essays, After Brexit and Other Essays, focusing on political economy and British politics, is also available from Bristol University Press.

Political Crises, Social Conflict and Economic Development

By Andrés Solimano
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Edward Elgar Publishing
  • Book Code : 9781845425715
  • Total of Pages : 343
  • Category : Political Science
  • Members : 493
  • Pdf File: political-crises-social-conflict-and-economic-development.pdf

Book Short Summary:

Political Crises, Social Conflict and Economic Development is a rare attempt to undertake comparative political economy analysis of the Andean region and thus represents a welcome contribution. . . It is clearly written and will engage scholars interested in Latin America from a wide range of disciplines. Jonathan di John, Journal of Agrarian Change This collection of essays on the political economy of the Andean region goes to the heart of the struggle these smaller economies face in completing crucial reforms and achieving higher growth. Andrés Solimano has brought together the best and the brightest talent from each country, the result being the most compelling analysis ever of how enclave development and a historical dependence on primary exports renders these countries distinctly Andean. As the essays argue, the political solutions and economic remedies must address this phenomenon, rather than mimicking those strategies of the larger emerging market countries in the region. Carol Wise, University of Southern California, US The contributors to this authoritative volume analyze the impact of political crises and social conflict on economic performance in the Andean region of Latin America. The blend of theory and case studies is also relevant for understanding other complex societies in the developing world and transition economies. The book provides illuminating insights on how to understand, and survive, the complicated interactions between volatile politics, unstable democracies, violence, social inequality and uneven economic performance. Recent political economy theories are combined with valuable quantitative and qualitative information on presidential crises, breakdowns of democracy, constitutional reforms, quality of institutions, and social inequality and exclusion to understand actual country realities. Part I provides the conceptual framework and a regional perspective of the book. Part II contains five political economy country studies Bolivia, Colombia, Ecuador, Peru and Venezuela written by leading scholars in the field and former senior policymakers, including a former President. Together, the chapters highlight the detrimental effects of political instability and social conflict on economic growth and stability, as well as the feedback effects from poor economic performance on political instability and institutional fragility. The country studies warn that narrow economic reforms that do not pay adequate attention to politics, institutions and social structures are bound to fail in bringing lasting prosperity and stability to complex societies. Examining new and rich information on episodes of political turmoil, military interventions, forced presidential resignations, constitutional reforms and social uprisings, this book will be required reading for all those interested in the interface of politics and economic development.

The Sensory Order

By F. A. Hayek
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : University of Chicago Press
  • Book Code : 0226321304
  • Total of Pages : 232
  • Category : Psychology
  • Members : 451
  • Pdf File: the-sensory-order.pdf

Book Short Summary:

The Nobel Prize-winning economist explores how the mind works—an early landmark in the field of cognitive science. The Sensory Order, first published in 1952, sets forth F. A. Hayek's classic theory of mind in which he describes the mental mechanism that classifies perceptions that cannot be accounted for by physical laws. Though Hayek is more commonly known as an icon in the field of economics, his genius was wide-ranging—and his contribution to theoretical psychology is of continuing significance to cognitive scientists as well as to economists interested in the interplay between psychology and market systems, and has been addressed in the work of Thomas Szasz, Gerald Edelman, and Joaquin Fuster. “A most encouraging example of a sustained attempt to bring together information, inference, and hypothesis in the several fields of biology, psychology, and philosophy.”—Quarterly Review of Biology

The Age of Surveillance Capitalism

By Shoshana Zuboff
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : PublicAffairs
  • Book Code : 1610395700
  • Total of Pages : 704
  • Category : Business & Economics
  • Members : 646
  • Pdf File: the-age-of-surveillance-capitalism.pdf

Book Short Summary:

The challenges to humanity posed by the digital future, the first detailed examination of the unprecedented form of power called "surveillance capitalism," and the quest by powerful corporations to predict and control our behavior. In this masterwork of original thinking and research, Shoshana Zuboff provides startling insights into the phenomenon that she has named surveillance capitalism. The stakes could not be higher: a global architecture of behavior modification threatens human nature in the twenty-first century just as industrial capitalism disfigured the natural world in the twentieth. Zuboff vividly brings to life the consequences as surveillance capitalism advances from Silicon Valley into every economic sector. Vast wealth and power are accumulated in ominous new "behavioral futures markets," where predictions about our behavior are bought and sold, and the production of goods and services is subordinated to a new "means of behavioral modification." The threat has shifted from a totalitarian Big Brother state to a ubiquitous digital architecture: a "Big Other" operating in the interests of surveillance capital. Here is the crucible of an unprecedented form of power marked by extreme concentrations of knowledge and free from democratic oversight. Zuboff's comprehensive and moving analysis lays bare the threats to twenty-first century society: a controlled "hive" of total connection that seduces with promises of total certainty for maximum profit -- at the expense of democracy, freedom, and our human future. With little resistance from law or society, surveillance capitalism is on the verge of dominating the social order and shaping the digital future -- if we let it.

Mass Flourishing

By Edmund S. Phelps
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Princeton University Press
  • Book Code : 1400848296
  • Total of Pages : 392
  • Category : Business & Economics
  • Members : 469
  • Pdf File: mass-flourishing.pdf

Book Short Summary:

In this book, Nobel Prize-winning economist Edmund Phelps draws on a lifetime of thinking to make a sweeping new argument about what makes nations prosper--and why the sources of that prosperity are under threat today. Why did prosperity explode in some nations between the 1820s and 1960s, creating not just unprecedented material wealth but "flourishing"--meaningful work, self-expression, and personal growth for more people than ever before? Phelps makes the case that the wellspring of this flourishing was modern values such as the desire to create, explore, and meet challenges. These values fueled the grassroots dynamism that was necessary for widespread, indigenous innovation. Most innovation wasn't driven by a few isolated visionaries like Henry Ford and Steve Jobs; rather, it was driven by millions of people empowered to think of, develop, and market innumerable new products and processes, and improvements to existing ones. Mass flourishing--a combination of material well-being and the "good life" in a broader sense--was created by this mass innovation. Yet indigenous innovation and flourishing weakened decades ago. In America, evidence indicates that innovation and job satisfaction have decreased since the late 1960s, while postwar Europe has never recaptured its former dynamism. The reason, Phelps argues, is that the modern values underlying the modern economy are under threat by a resurgence of traditional, corporatist values that put the community and state over the individual. The ultimate fate of modern values is now the most pressing question for the West: will Western nations recommit themselves to modernity, grassroots dynamism, indigenous innovation, and widespread personal fulfillment, or will we go on with a narrowed innovation that limits flourishing to a few? A book of immense practical and intellectual importance, Mass Flourishing is essential reading for anyone who cares about the sources of prosperity and the future of the West.

The Rise of the Global Imaginary

By Manfred B. Steger
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : OUP Oxford
  • Book Code : 0191558249
  • Total of Pages : 332
  • Category : Political Science
  • Members : 499
  • Pdf File: the-rise-of-the-global-imaginary.pdf

Book Short Summary:

Neoliberalism. Neoconservatism. Postmarxism. Postmodernism. Is there really something genuinely new about today's isms? Have we moved past our traditional ideological landscape? Combining political history, philosophical interpretation, and good old-fashioned story-telling, Manfred Steger traces ideology's remarkable journey from Count Destutt de Tracy's Enlightenment "science of ideas" to President George W. Bush's "imperial globalism." Rejecting futile attempts to "update" modern political belief systems by adorning them with prefixes, the author offers instead a highly original explanation for their novelty-their increasing ability to articulate deep-seated understandings of community in global rather than national terms. This growing awareness of globality fuels the visions of social elites who reside in the privileged spaces of our global cities. It erupts in the hopes and demands of migrants who traverse national boundaries in search of their piece of the global promise. Stoked by cross-cultural encounters, technological change, and scientific innovation, the rising global imaginary has destabilized the grand political ideologies codified during the national age. The national is slowly losing its grip on people's minds, but the global has not yet ascended to the commanding heights once occupied by its predecessor. Still, the first rays of the rising global imaginary have provided enough light to capture the contours of a profoundly altered ideological landscape. Pointing in this direction, the book ends with a timely interpretation of the apparent convergence of ideology and religion in the dawning global age-a broad phenomenon that extends beyond the obvious cases of Christian fundamentalism and Islamic jihadism.

Government and the Economy: An Encyclopedia

By David A. Dieterle,Kathleen M. Simmons
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : ABC-CLIO
  • Book Code : 1440829047
  • Total of Pages : 552
  • Category : Business & Economics
  • Members : 159
  • Pdf File: government-and-the-economy.pdf

Book Short Summary:

In this non-biased, politically neutral compendium, the authors trace the evolution of the U.S. government's role in the economy, including the history, ideas, key players, and court rulings that influenced its involvement. • Utilizes helpful Topic Finders to help students study specialized entry categories • Provides a summary of an individual's or topic's highlights through informative sidebars • Includes almost 50 maps, graphs, and photos to visually supplement the content • Features a glossary to explain and clarify unfamiliar terms • Discusses the impact of pivotal Supreme Court cases on the U.S. economic system

Economic Thinkers: A Biographical Encyclopedia

By David A. Dieterle Ph.D.
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : ABC-CLIO
  • Book Code : 0313397473
  • Total of Pages : 552
  • Category : Biography & Autobiography
  • Members : 705
  • Pdf File: economic-thinkers.pdf

Book Short Summary:

Who are the individuals whose novel ideas, writings, and philosophies have influenced economics throughout history—and in doing so, have helped change the world? This encyclopedia provides a readable study of economics by examining the great economists themselves.

Thinking the Twentieth Century

By Tony Judt
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Penguin
  • Book Code : 110155987X
  • Total of Pages : 432
  • Category : History
  • Members : 834
  • Pdf File: thinking-the-twentieth-century.pdf

Book Short Summary:

“An intellectual feast, learned, lucid, challenging and accessible.” —San Francisco Chronicle “Ideas crackle” in this triumphant final book of Tony Judt, taking readers on “a wild ride through the ideological currents and shoals of 20th century thought.” (Los Angeles Times) The final book of the brilliant historian and indomitable public critic Tony Judt, Thinking the Twentieth Century maps the issues and concerns of a turbulent age on to a life of intellectual conflict and engagement. The twentieth century comes to life as an age of ideas—a time when, for good and for ill, the thoughts of the few reigned over the lives of the many. Judt presents the triumphs and the failures of prominent intellectuals, adeptly explaining both their ideas and the risks of their political commitments. Spanning an era with unprecedented clarity and insight, Thinking the Twentieth Century is a tour-de-force, a classic engagement of modern thought by one of the century’s most incisive thinkers. The exceptional nature of this work is evident in its very structure—a series of intimate conversations between Judt and his friend and fellow historian Timothy Snyder, grounded in the texts of the time and focused by the intensity of their vision. Judt's astounding eloquence and range are here on display as never before. Traversing the complexities of modern life with ease, he and Snyder revive both thoughts and thinkers, guiding us through the debates that made our world. As forgotten ideas are revisited and fashionable trends scrutinized, the shape of a century emerges. Judt and Snyder draw us deep into their analysis, making us feel that we too are part of the conversation. We become aware of the obligations of the present to the past, and the force of historical perspective and moral considerations in the critique and reform of society, then and now. In restoring and indeed exemplifying the best of intellectual life in the twentieth century, Thinking the Twentieth Century opens pathways to a moral life for the twenty-first. This is a book about the past, but it is also an argument for the kind of future we should strive for: Thinking the Twentieth Century is about the life of the mind—and the mindful life. Judt's book, Ill Fares the Land, republished in 2021 featuring a new preface by bestselling author of Between the World and Me and The Water Dancer, Ta-Nehisi Coates.