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Economists and the Economy seeks to explain how economic theories are formed in response to specific incidents affecting economic events. The work covers both major historical events, such as the English Civil War, the Industrial Revolution, and the Great Depression, and intellectual developments in economic thought. Among the theories examined are neoclassical growth theory and the Harrod-Domar model.
Curiously, economists, whose discipline has much to do with human well-being, have shied away from factoring the study of happiness into their work. Happiness, they might say, is an ''unscientific'' concept. This is the first book to establish empirically the link between happiness and economics--and between happiness and democracy. Two respected economists, Bruno S. Frey and Alois Stutzer, integrate insights and findings from psychology, where attempts to measure quality of life are well-documented, as well as from sociology and political science. They demonstrate how micro- and macro-economic conditions in the form of income, unemployment, and inflation affect happiness. The research is centered on Switzerland, whose varying degrees of direct democracy from one canton to another, all within a single economy, allow for political effects to be isolated from economic effects. Not surprisingly, the authors confirm that unemployment and inflation nurture unhappiness. Their most striking revelation, however, is that the more developed the democratic institutions and the degree of local autonomy, the more satisfied people are with their lives. While such factors as rising income increase personal happiness only minimally, institutions that facilitate more individual involvement in politics (such as referendums) have a substantial effect. For countries such as the United States, where disillusionment with politics seems to be on the rise, such findings are especially significant. By applying econometrics to a real-world issue of general concern and yielding surprising results, Happiness and Economics promises to spark healthy debate over a wide range of the social sciences.
"A/Moral Economics is an interdisciplinary historical study that examines the ways which social "science" or economics emerged through the discourse of the literary, namely the dominant moral and fictional narrative genres of early and mid-Victorian England. In particular, this book argues that the classical economic theory of early-nineteenth-century England gained its broad cultural authority not directly, through the well-known texts of such canonical economic theorists as David Ricardo, but indirectly through the narratives constructed by Ricardo's popularizers John Ramsey McCulloch and Harriet Martineau. By reexamining the rhetorical and institutional contexts of classical political economy in the nineteenth century, "A/Moral Economics repositions the popular writings of both supporters and detractors of political economy as central to early political economists' bids for a cultural voice. The now marginalized economic writings of McCulloch, Martineau, Henry Mayhew, and John Ruskin, as well as the texts of Charles Dickens and J.S. Mill, must be read as constituting in part the entitles they have been read as merely criticizing. It is this repressed moral logic that resurfaces in a range of textual contradictions--not only in the writings of Ricardo's supporters, but ironically, in those of his critics as well.
An accessible, thoroughly engaging look at how the economyreally works and its role in your everyday life Not surprisingly, regular people suddenly are paying a lotcloser attention to the economy than ever before. But economics,with its weird technical jargon and knotty concepts and formulascan be a very difficult subject to get to grips with on your own.Enter Greg Ip and his Little Book of Economics. Like apatient, good-natured tutor, Greg, one of today's most respectedeconomics journalists, walks you through everything you need toknow about how the economy works. Short on technical jargon andlong on clear, concise, plain-English explanations of importantterms, concepts, events, historical figures and major players, thisrevised and updated edition of Greg's bestselling guide clues youin on what's really going on, what it means to you and what weshould be demanding our policymakers do about the economy goingforward. From inflation to the Federal Reserve, taxes to the budgetdeficit, you get indispensible insights into everything that reallymatters about economics and its impact on everyday life Special sections featuring additional resources of everysubject discussed and where to find additional information to helpyou learn more about an issue and keep track of ongoingdevelopments Offers priceless insights into the roots of America's economiccrisis and its aftermath, especially the role played by excessivegreed and risk-taking, and what can be done to avoid anothereconomic cataclysm Digs into globalization, the roots of the Euro crisis, thesources of China's spectacular growth, and why the gap between theeconomy's winners and losers keeps widening
Takes a look at contemporary economic analysis, and presents a view of the state of economics.
First published in 1989, Alon Kadish’s study re-examines the standard view held by historians of economic thought whereby economic history emerged from the historicist criticism of neoclassical economic theory. He also demonstrates how the discipline evolved as an extension of the study of history. The study will appeal to students and scholars in historiography, the development of higher education and in the history if economic thought in general, as well as all those interested in the evolution of Oxford and Cambridge.

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