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Part of an eleven-volume set which contains all of Ricardo's published and unpublished writings, and provides great insight into the early era of political economics.
From the workings of financial markets to our response to the ecological crisis, economic theory shapes the world. But where do these ideas come from? Ricardo’s Dream tells the fascinating story of David Ricardo, Adam Smith’s only real rival as the ‘founder of economics’: The wealthiest stock trader of his day, Ricardo introduced the study of abstract models to economics. He also developed the theory of trade that underpinned globalization and hides, behind its mathematical façade, a history of power, empire and slavery. Brimming with fresh ideas and stories, Ricardo’s Dream shows how too many economists, from Ricardo’s day to our own, have turned away from observing the real world and led us astray.
Piero Sraffa's work has had a lasting impact on economic theory and yet we know surprisingly little about the man behind it. This is the first intellectual biography of Sraffa and it details his working relationship with thinkers as diverse as Gramsci, Keynes, Wittgenstein as well as discussing the genesis of his major works.
In Law of Value and Theories of Value, Tiago Camarinha Lopes presents the genesis of Karl Marx’s understanding of the law of value by showing that Classical and Neoclassical economics are equally hit by Marx’s Critique of Political Economy.
George Stigler (1911-1991) was unquestionably one of the post-war giants of the economics profession. Along with such compatriots as Milton Friedman, Aaron Director, Gary Becker and others at Chicago, he would manage to radically reshape the contours of the discipline, engineering a virtual counter-revolution against the previous post-war consensus. Stigler essentially pioneered the fields of industrial organisation and regulatory economics while contributing landmark studies to the history of economic thought. George Stigler was awarded a much-deserved Nobel Prize in 1982. At heart always a shy boy from the provinces, defending himself and his beliefs against the demands of a more wicked and devious world, he remained one of the only truly inscrutable figures in the history of modern economics. A kind, deeply caring family man, he fended off those outside his inner circle by employing a razor sharp, and often cruel, wit, keeping friends, colleagues and especially enemies at an arm’s distance. “... [there was] the student who came to George complaining that he didn’t deserve the ‘F’ he’d received in George’s course. George agreed but explained that ‘F’ was the lowest grade the administration allowed him to give.” Many who had the fortune, or misfortune, of coming within the range of his sharp tongue, even in the seeming context of an innocent encounter, would bear the scars of that contact for years to come. “With a paper like this, [delivering it] under the table, would not be inappropriate.” This volume is then one of the first to shed light on an entirely enigmatic figure by approaching both the man and his work from very divergent and original perspectives. Whether it succeeds is up to the whims of the reader. Or as George Stigler was wont to say, “Let the chips fall where they may.”
Humanity will have to cope with many problems in the coming decades: for instance, the world population is likely grow to to 8,8 billion people by 2035. Also, changing climate conditions are negatively affecting the livelihoods of millions of people. In particular, environmental disasters are causing substantial damages to properties. From a social perspective, the inequalities between rich and poor nations are becoming even deeper, and in many countries, conflicts between national and international interest groups are intensifying.The above state of affairs suggest that a broader understanding of the trends which may lead to a more sustainable world is needed, especially those which may pave the way for future developments. In other words, we need to pave the way for sustainable futures.Consistent with this reality, the proposed Encyclopedia of Sustainability Futures aims to identify, document and disseminate ideas, experiences and visions from scientists, member of nongovernmental organisations, decision-makers industry representatives and citizens, on themes and issues which will be important in pursuing sustainable future scenarios. In particular, the publication will focus on scientific aspects, as well as on social and economic ones, also considering matters related to financing and infra-structures, which are important in pursuing a sustainable future.The Encyclopedia of Sustainability Futures will involve the contributing authors in line with theprinciple of co-generation, from across a wide range of disciplines, e.g. education and social sciences, natural sciences, engineering, the arts, languages etc, with papers adopting a long-term sustainability perspective, with a time horizon until 2050. The focus will be on themes which are felt as important in the future, and the chapters are expected to interest and motivate a world audience.This book is part of the "100 papers to accelerate the implementation of the UN Sustainable Development Goals initiative"!
In this discipline-defining volume, some of the leading international scholars in the history of economic thought re-examine the concepts of 'classical economics' and the 'canon', illuminating the roots and evolution of the contemporary discipline.
This study offers an analysis of the technological and entrepreneurial features of the Victorian telegraph service, together with the companies which ran it until nationalization in 1869. It shows a historical reconstruction mainly based on original and unedited documents belonging to a variety of archives.
What do Stone Age axes, Toll House cookies, and Burning Man have in common? They are all examples of code in action. What is "code"? Code is the DNA of human civilization as it has evolved from Neolithic simplicity to modern complexity. It is the "how" of progress. It is how ideas become things, how ingredients become cookies. It is how cities are created and how industries develop. In a sweeping narrative that takes readers from the invention of the alphabet to the advent of the Blockchain, Philip Auerswald argues that the advance of code is the key driver of human history. Over the span of centuries, each major stage in the advance of code has brought a shift in the structure of society that has challenged human beings to reinvent not only how we work but who we are. We are in another of those stages now. The Code Economy explains how the advance of code is once again fundamentally altering the nature of work and the human experience. Auerswald provides a timely investigation of value creation in the contemporary economy-and an indispensable guide to our economic future.
This book combines various analyses of strategic priorities in a competitive market environment, focusing on the balanced scorecard technique, but also considering customer expectations, organizational requirements, financial outcomes and technological infrastructures. The first part explores the financial impacts and performance measurement of investments, while the second part examines customer demand in a globalized environment. Part three then addresses organizational quality and internal processes, highlighting participatory elements and synergies. Lastly, part four investigates strategic learning in enterprises as a factor for sustainable economic success in times of change and disruption.