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Economic Thought Since Keynes provides a concise overview of changing economic thought in the latter part of the twentieth century. Part 1 gives an analysis of topics including: * Keynes and the General Theory, * the triumph of interventionism, * the neoclassical synthesis, * the resurgence of liberalism. Part 11 gives a concise biography of the 150 most influential economists since Keynes. This invaluable book will be a useful reference tool for anyone teaching or studying economics.
Energy and Economic Myths: Institutional and Analytical Economic Essays is a collection of materials that deal with various issues and concerns in economics. The title aims to clarify the misconception in economics. The first part of the text deals with the issues in natural resources and the economics of production. Next, the selection tackles the problems in institutional economics. Part III covers the epistemological and methodological concerns in economics. The title also talks about economic theories. The book will be of great interest to economists and readers who want to enhance their understanding of economic concepts.
Valuing the Earth collects more than twenty classic and recent essays that broaden economic thinking by setting the economy in its proper ecological and ethical context. They vividly demonstrate that, contrary to current macroeconomic preoccupations, continued growth on a planet of finite resources cannot be physically or economically sustained and is morally undesirable. Among the issues addressed are population growth, resource use, pollution, theology (east and west), energy, and economic growth. Their common theme is the notion, popular with classical economists from Malthus to Mill, that an economic stationary state is more healthful to life on earth than unlimited growth. A number of essays in the first edition have become classics and have been retained for this edition, which adds six new essays. Contributors Kenneth E. Boulding, John Cobb, Herman E. Daly, Anne H. Ehrlich, Paul R. Ehrlich, Nicholas Georgescu-Roegen, Garrett Hardin, John P. Holdren, M. King Hubbert, C. S. Lewis, E. F. Schumacher, Gerald Alonzo Smith, T. H. Tietenberg, Kenneth N. Townsend
Agricultural energetics. The 'entropy law' and the economic process. Social-darwinism and ecology. Ecological and pecuniary economics. 'Social engineering' and the 'history of the future'. 'Modern' agriculture: a source of energy? Ethanol form sugar cane. The energy cost of modernizing chinese agriculture. The energy balances of Spanish agriculture (1950s - 1970s). Boussingault, liebig, guano and agrarian chemistry. The history of agricultural energitics: podolinsky. One of the Narodniki. Eduard Sacher's formulation of Podolinsky's principle. Rudolf Clausius: 'On the energy stocks in nature'. The electrical revolution. The club of ideologists. The kaiser's birthday. The coal question. Patrick geddes' critique of economics. Ruskin and geddes. An ecological critique of industrial urbanization. The carrying capacity of the earth, according to pfaundler. The energy cost of horizontal transport. The availability of energy and the energy requirements of humankind. Limits of the growth of food production. A simple account of the second law of thermodynamics. Henry adams''Law of acceleration' in the use of energy. Life against entropy. Soddy's critique of the theory of economic growth. Lancelot Hogben v. Hayek. Methodological individualism and inter-generational allocation. Neo-corporatist and neo-liberal macro-economics. Externalities. Max Weber's chrematistic critique of wilhelm ostwald. Ecological utopianism: popper-lynkeus nad ballod-atlanticus. The history of the future. Marxism and ecology. Political epilogue.
The development of the energy concept in Western physics and its subsequent effect on the emergence of neoclassical economics are traced to reveal how economics has sought to emulate physics, especially with regard to the theory of value.