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What do economists have to say about behavior within the context of the family? This book improves our understanding of how families and markets interact, why important aspects of families have been changing in recent decades, and how families respond to, and are affected by, public policy. It covers a broader range of topics with more consistency than have previous studies, including all major theoretical developments in the field over the past decade. John Ermisch builds his analysis on the premise that the standard analytical methods of microeconomics can help us understand resource allocation and the distribution of welfare within the family. Families are dynamic institutions--and so the author uses these same methods to study family formation and dissolution (including marriage, fertility, and divorce) and household formation, as well as intergenerational transfers, household production and investment, and bargaining between family members. He also shows how economic theories of the family can help guide and structure empirical analyses of demographic and related phenomena, such as labor supply, child support, and returns to education. Examples of studies that apply the theory are provided throughout the book. The most comprehensive and up-to-date introduction to an increasingly dynamic area of research, one with important implications for public policy, An Economic Analysis of the Family will be a valuable resource for advanced students of microeconomics and also for students and researchers in sociology, psychology, and other social sciences.
Bangladesh as an independent country started its journey just over forty-seven years ago. The country is full of possibilities and challenges. Bangladesh: Economic, Political and Social Issues has been organized around the economic, political and social opportunities and challenges of present Bangladesh. This book is the culmination of twelve chapters by twenty-four authors. Their extensive investigation reveals a lot about the social, political and economic context of Bangladesh. Since its inception, the Bangladesh economy is largely dependent on the agricultural sector. A good number of authors in this book cover the issue of agricultural sustainability, its achievements, challenges and potentials as well as its extension system. It also reveals the role of women in the agricultural economy. The book draws the present political state of Bangladesh in relation to its historical background. The clientelism, corruption, extremism, secularism and government system of Bangladesh has been discussed widely by another group of authors. The technological wave of the global civilization of the twenty-first century is surging in Bangladesh with industrial growth and development. The historical roles of farmers, fishers and other marginal groups are going through a harsh transformation. This book covers the changing social and economic structure of these communities. In recent years, like any other country of the world the climate of Bangladesh has changed a lot. Many adaptation interventions have been undertaken to mitigate the problem. These adaptation interventions and participatory forest (PF) management programs have been included in this book. It also moves on to the gender issue in agriculture, where a dominant Muslim normative order is prevalent as well as the considerable amount of violence faced by women.
Provides comprehensive information about the key exploration, development and optimization concepts required for gas shale reservoirs Includes statistics about gas shale resources and countries that have shale gas potential Addresses the challenges that oil and gas industries may confront for gas shale reservoir exploration and development Introduces petrophysical analysis, rock physics, geomechanics and passive seismic methods for gas shale plays Details shale gas environmental issues and challenges, economic consideration for gas shale reservoirs Includes case studies of major producing gas shale formations
The economic and social development that Bangladesh has achieved in the past two decades has made Bangladesh a development paradox. This book tries to explain this paradox through a political economy lens. The book explains the linkages between the state, changing society and emerging private sector, and examines whether the social transformation taking place in Bangladesh has the potential to live up to the expectations of a middle- income country. The early part of the book unravels the myriad relations between the state, society and market to project the aspirations of a newly independent nation. It analyzes how political turmoil, militarization of politics, politicization of institutions, reforms initiatives, industrial and social development policies, and the power nexus influenced the nature of the political economy of Bangladesh. The book goes on to examine how domestic appetite for capital and raw materials, the digital revolution, and the capacity of the local market to absorb expanded economic activities have created an environment that catalyzes innovation and entrepreneurship. The book also explains how the country has attempted to transform from an agrarian to a manufacturing- based economy, with rapid growth in the ready- made garment industry, pisciculture, pharmaceuticals and the ICT sector. Bangladesh’s journey from an emerging economy towards a developed country would interest those researching on development economics and those in policy making.
This book makes available for the first time in English a substantial part of Otto Neurath's economic writings. The essays and small monographs translated here extend from his student years to his last ever finished piece. They chart not only Neurath's varied interests in the economic history of antiquity, in war economics and schemes for the socialisation of peacetime economies, in the theory of welfare measures and social indicators and in issues of the theory of collective choice, but also show his philosophical interests emerging in his contributions to seminal debates of the German Social Policy Association. This volume shows that Neurath's important contributions to the socialist calculation debate are but one aspect of a many-sided and original oeuvre. The translations are preceded by an introductory essay by one of the editors which contextualises the selections by locating them in the various debates of the time that provided their original setting. This book is of interest to economists, philosophers of social science and of economics as well as to historians of philosophy of science and of analytic philosophy.
This book discusses Samuel Pufendorf and his contributions to the development of the European Enlightenment and the emergence of economics as a social science. Born in 1632 in Saxony, Pufendorf wrote widely on natural law, ethics, jurisprudence, and political economy and was one of the most important figures in early-modern political thought. Although his work fits within the intellectual framework of natural jurisprudence, there is an argument to be made that his ideas promoted the development of economics as a distinct discipline within the social sciences. Written by participants in the 34th Heilbronn Symposion in Economics and the Social Sciences, the contributions to this volume give an overview of Pufendorf’s influence on other authors of the Enlightenment, such as Locke, Montesquieu, and Rousseau, as well as addressing the theoretical implications of his extensive writings. Further chapters place a special focus on Pufendorf’s discussion of economic matters, such as property rights theory, price theory, taxation, and preferences and decision-making. The book concludes with analyzing Pufendorf’s influence on Adam Smith, his anticipations of elements of modern economic theory, and his impact on the history of economic thought. Providing a fresh look at one of the foundational scholars of social science, this volume will be of interest to researchers and students of the history of economic thought, political economy, economic history, and political philosophy.
The book investigates the relationship between the economic and political writings of four seminal authors: Adam Smith, Karl Marx, Joseph A. Schumpeter, and John M. Keynes. It underlines how in their works the nexus between ethics, economics, and politics has produced four exemplary solutions. They represent the most relevant modern formulations of the idea of 'political interest', to which the philosophical and political debate constantly returns, as the thought of Carl Schmitt, Hannah Arendt, and Michel Foucault demonstrates. The author discusses the different interpretations by considering economic science not as a natural, but as moral and political science.
Joseph Alois Schumpeter is arguably the most important economist of the 20th century. Most readers are familiar with his Theory of Economic Development and his classic Capitalism, Socialism and Democracy. Less well-known are his seminal works published before he left Europe for the United States in 1942. In particular for the first time the missing Chapter Seven of his Theory of Economic Development has been published in this volume. It tries to put Economic Development into the broader context of culture, law and policy. Many of his earlier writings display a similar integrative approach and are therefore often treated as sociological writings. As Capitalism, Socialism and Democracy shows, he did not dissociate the different social sciences in his own mind but rather strove to keep the unity of the social sciences. Entrepreneurship, style and vision are the unifying concepts of his work.
This new edition also treats smart materials and artificial life. A new chapter on information and computational dynamics takes up many recent discussions in the community.