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The objectives of this book are twofold. Firstly, it proposes that economics should be defined as a study of imperfect cooperation. Secondly, it elucidates the continuities that extend from classical political economy through the neoclassical, Keynesia
Rio Grande pueblo societies took shape in the aftermath of significant turmoil and migration in the thirteenth century. In the centuries that followed, the size of Pueblo settlements, level of aggregation, degree of productive specialization, extent of interethnic exchange, and overall social harmony increased to unprecedented levels. Economists recognize scale, agglomeration, the division of labor, international trade, and control over violence as important determinants of socioeconomic development in the modern world. But is a development framework appropriate for understanding Rio Grande archaeology? What do we learn about contemporary Pueblo culture and its resiliency when Pueblo history is viewed through this lens? What does the exercise teach us about the determinants of economic growth more generally? The contributors in this volume argue that ideas from economics and complexity science, when suitably adapted, provide a compelling approach to the archaeological record. Contributors consider what we can learn about socioeconomic development through archaeology and explore how Pueblo culture and institutions supported improvements in the material conditions of life over time. They examine demographic patterns; the production and exchange of food, cotton textiles, pottery, and stone tools; and institutional structures reflected in village plans, rock art, and ritual artifacts that promoted peaceful exchange. They also document change through time in various economic measures and consider their implications for theories of socioeconomic development. The archaeological record of the Northern Rio Grande exhibits the hallmarks of economic development, but Pueblo economies were organized in radically different ways than modern industrialized and capitalist economies. This volume explores the patterns and determinants of economic development in pre-Hispanic Rio Grande Pueblo society, building a platform for more broadly informed research on this critical process.
This book reconstructs major paradigms in the history of economic ethics up to, and including, the present day. Asserting that ethics should be integral rather than marginal to economics and management education, Reframing Economic Ethics highlights the need for a paradigm change from mechanistic to humanistic management, and argues that the failures of markets and managers in recent years were paved by a misguided management education. The author shows how the reader can and must learn from the history of economic thinking in order to overcome the theoretical shortcomings and the practical failings of the present system.
Behavioral economics is a rapidly developing area of psychological science that has synergistically merged microeconomic concepts with behavioral research methods. A driving force behind the growth of behavioral economics has been its recent application to behaviors that significantly affect health. The book examines the latest behavioral economic research on smoking, drug and alcohol abuse, obesity, gambling, and other poor health habits, and explores the implications for individual and community interventions and policy directions. This innovative book describes new concepts and methods developed in behavioral economics and applies them to understanding health behavior change. The richness of behavioral economic concepts provides novel methods and measures that lend to an understanding of health behavior that is different from previous work in the field. Featuring contributions from experimental and clinical psychologists and economists, this book will be of interest to a broad range of students and professionals concerned with health behavior, including researchers, clinicians, and policymakers, as well as psychologists, educators, and all those who work with people who are currently attempting to make positive health and lifestyle changes.
With contributions from experts in experimental and clinical psychology & economics, this book examines the latest behavioral economic research on smoking, drug & alchohol abuse, obesity, gambling,etc. Ideal for psychologists, economists,& policy makers
Since the 2008 financial crisis, beneficiary organizations—like pension funds, sovereign wealth funds, endowments, and foundations—have been seeking ways to mitigate the risk of their investments and make better financial decisions. For them, Reframing Finance offers a path forward. This book argues that institutional investors would better serve their long-term goals by putting money into large-scale, future-facing projects such as infrastructure, green energy, innovation in agriculture, and real estate development. At the same time, redirecting long-term investments would close significant financial gaps that government cannot. Drawing on key contributions in economic sociology, social network theory, and economics, the book conceptualizes a collaborative model of investment that is already becoming increasingly common: Large investors contribute more directly to private market assets, while financial intermediaries seek to foster co-investment partnerships, better aligning incentives for all. A combination of rich case studies and rigorous theory enables asset owners to move toward more efficient, private-market investing, while also laying groundwork for research at the frontier of finance.
In a globalized world economy, delivering the aspirations of sustainability is proving to be difficult. Progress is held back by competing objectives within a complex interplay of factors. Finding solutions to the ‘wicked problem’ of sustainability seems to be beyond the reach of policy makers. Even if the political will can be found to deal with the prime challenges of the twenty-first century, ranging from climate change and resource depletion to persistent poverty and increasing inequity, what is to be done in terms of real-world policy is far from clear. Do we need more globalization; or has economic globalization gone too far in growing a global economy which will strip the planet bare? This book reports twin-track research which interweaves the intellectual argument over the future of the world economy intertwined with empirical research into the challenge of sustainability in aviation. Discussing the prime challenges of this century through the lens of the intractable policy stalemate in aviation, this book leads the reader to the identification of a new way forward. Whether the political will is forthcoming will continue to be subject to debate, but we now have a clear exposition of how to address the problem. The new paradigm presented in this book opens the way to considering radical transformations to make real progress with the sustainability agenda.
It is impossible to study Africa without understanding the debate about how to study Africa. At last, a book showcases the complexities and paradoxes of Africa’s recent and more distant history, while avoiding simplistic, Eurocentric conceptualizations of “black Africa.” With this book, Peyi Soyinka-Aiwerele and Rita Kiki Edozie offer students the background and perspectives they need to comprehend the dynamics of the continent as well as a clear path through the current literature and scholarly debate. With a cross-disciplinary approach that features political, historical, and economic analysis as well as popular culture and sociological views on contemporary issues, Reframing Contemporary Africa provides an unparalleled breadth of coverage. Essays written by a distinguished and international group of scholars—including William Ackah, Pius Adesanmi, Susan Craddock, Caroline Elkins, Siba Grovogui, Mahmood Mamdani, Mutua Makau, Celestin Monga, Wole Soyinka, and Paul Tiyambe Zeleza—are designed to distill original scholarship for undergraduate readers. Each contribution helps students engage with the work and arguments of luminaries while exposing them to renowned African thinkers. Contributors deliver analysis that allows students to see beyond the clichés commonly presented in the media (and even in scholarship), and helpful section openers by Soyinka-Airewele and Edozie frame forthcoming chapters, giving important thematic and historical context. Reframing Contemporary Africa will certainly provoke new debate and reflection, not merely about African issues and politics, but also about the West and its framing of Africa.
There are many books about business and society, yet very few of them question the primacy of GDP growth, profit maximization and individual utility maximization. This groundbreaking book questions these assumptions and investigates the possibility of creating a human-centered, value-oriented society based on humanistic principles.
Capitalism needs to transform, as its engine's real purpose - business - to solve society's problems and not profit from causing problems to the community. Everyone needs to feel a sense of justified belief in the capitalist system that offers an equitable share in the benefits. We need to move away from the new rentier capitalism into which we are gradually drifting into. The broader ramifications and implications of which are degraded democracies, a more minor middle-class, impact to social mobility, weakened aggregate demand, slower economic growth, and a penultimate challenge to globalisation and capitalism in itself. We would therefore review some of the fundamental neoclassical principles of economics that need to change, as well as how to better incorporate sustainability principles to create a more fairer world.