In spite of recurrent criticism and an impressive production of alternative indicators by scholars and NGOs, GDP remains the central indicator of countries' success.
Economists increasingly recognise that engagement with social ontology - the study of the basic subject matter and constitution of social reality - can facilitate more relevant analysis.
Heinrich von Stackelberg's book, "e;Grundlagen einer reinen Kostentheorie"e;, published in 1932 was at the forefront of a growing conceptual revolution in the theory of the firm, a theory which appears more relevant than ever in today's economic climate.
The 1970s were a pivotal decade for the US economy: deindustrialization broke the power of the labor unions and made possible the redistribution of income in favor of corporate profits; globalization and offshore investments opened alternatives to domestic nonfinancial capital accumulation; domestic productivity growth declined; and labor-saving technology empowered superstar corporations to rapidly gain market share.
This book provides a systematic and accessible approach to stochastic differential equations, backward stochastic differential equations, and their connection with partial differential equations, as well as the recent development of the fully nonlinear theory, including nonlinear expectation, second order backward stochastic differential equations, and path dependent partial differential equations.
In this book, a model of long-term interrelationshipsbetween income distribution, population growth and economicdevelopment is developed and estimated from data for 54countries.
First published in 1968, this is the second part of Professor Meade's Principles of Political Economy, which presents a systematic treatment of the whole field of economic analysis in the form of a series of simplified models which are specifically designed to show the interconnections between the various specialist fields of economic theory.
First published in 1980, Economic Behaviour: An Introduction has been written specifically to speed up the settling-in process of students new to the subject of economics.
Economists have long laboured under the misapprehension that all humans exist as rational beings that find happiness in maximizing their personal utility.
In the aftermath of the 2008 financial crisis, economists around the world have advanced theories to explain the persistence of high unemployment and low growth rates.
Ausgehend von der philosophischen Hermeneutik Gadamers und dessen Kerngedanken einer universalen natürlichen Verstehensfähigkeit des Menschen erörtert Jochen J.
For years, North Carolina has been one of the nation's fastest-growing states, bringing tremendous change to the state's people, industries, jobs, places, environment, and government.
This book compares our contemporary preoccupation with ownership and consumption with the role of property and possessions in the biblical world, contending that Christian theology provides a valuable entry point to discussing the issue of private property-a neoliberal tool with the capacity to shape the world in which we live by exercising control over the planet's resources.
This book traces America's rise as a hegemon of the capitalist system, arguing that the greatest threat to global economic stability is America's polarized and ineffectual political system rather than foreign competition from China and the European Union.
Luigi Einaudi (1874-1961) was a leading liberal Italian economist, economic historian and political figure: Governor of the Bank of Italy, Minister for the Budget and President of the Italian Republic.
This book offers a critical look at prominent theories of financial crisis to try to understand how prepared the profession is for identifying the next financial crisis.
A reevaluation of what money is-and what it might beQuestions about the nature of money have gained a new urgency in the aftermath of the global financial crisis.
