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This volume is a sampling of quips, verses, drawings, and even the music of one of the most original and versatile minds of the twentieth century, Kenneth Boulding prominent economist, lecturer, and author. The driving force behind Kenneth Boulding's wideranging book is that he truly en joys all that he does. Indeed, his greatest accomplishment may very well be that he was a profoundly happy man. This is reflected in works that are laced with beauty, wit, and extraordinary imagery-works that are often composed and appeared in the most unexpected of places. In the midst of one of the classic textbooks of his generally staid profession, Economic Analysis , Boulding introduced the "bathtub theorem." Illustrating Economics: Beasts, Ballads and Aphorisms is a collection of similar instances and, as such, it is fun. The reader should be advised that the book contains traps. Boulding coats his ideas with sugar to please his audience as well as promote consumption. He describes peace as "a drab girl with an olive branch corsage whom no red-blooded American (or Russian) could conceivably warm up to." The reader smiles at the recognition of the truth inherent within the image and ponders the irony of why so fine a state as peace should be regarded as dull, and so ugly a condition as war should be regarded as romantic. This book is for enjoyment, but it should carry the following warning: Caution-Reading this may be stimulating to your intellect. Kenneth E. Boulding (1910-1993) was professor of economics at the University of Colorado and president of many scholarly associations including the American Economic Association, the Society for General Systems Research, and the American Association for the Advancement of Science. He authored numerous books including Towards a New Economics: Critical Essays on Ecology, Distribution, and Other Themes; Three Faces of Power; and The World as a Total System. Richard P. Beilock, a former student of Kenneth Boulding has been a graduate research assistant, Department of Agricultural Economics and Rural Sociology, The Pennsylvania State University. He is professor in the Food and Resource Economics Department at the University of Florida.
This volume is a sampling of quips, verses, drawings, and even the music of one of the most original and versatile minds of the twentieth century, Kenneth Boulding prominent economist, lecturer, and author.The driving force behind Kenneth Boulding's wideranging book is that he truly en joys all that he does. Indeed, his greatest accomplishment may very well be that he was a profoundly happy man. This is reflected in works that are laced with beauty, wit, and extraordinary imagery-works that are often composed and appeared in the most unexpected of places. In the midst of one of the classic textbooks of his generally staid profession, Economic Analysis, Boulding introduced the "bathtub theorem." Illustrating Economics: Beasts, Ballads and Aphorisms is a collection of similar instances and, as such, it is fun.The reader should be advised that the book contains traps. Boulding coats his ideas with sugar to please his audience as well as promote consumption. He describes peace as "a drab girl with an olive branch corsage whom no red-blooded American (or Russian) could conceivably warm up to." The reader smiles at the recognition of the truth inherent within the image and ponders the irony of why so fine a state as peace should be regarded as dull, and so ugly a condition as war should be regarded as romantic. This book is for enjoyment, but it should carry the following warning: Caution-Reading this may be stimulating to your intellect.
Principles of Economics is magnum opus of Alfred Marshall. It was the standard text for generations of economics students. Marshal’s plan for the work gradually extended to a two-volume compilation on the whole of economic thought. Marshall's influence on modifying economic thought is difficult to deny. He popularized the use of supply and demand functions as tools of price determination; modern economists owe the linkage between price shifts and curve shifts to Marshall.
This volume is a sampling of quips, verses, drawings, and even the music of one of the most original and versatile minds of the twentieth century, Kenneth Boulding prominent economist, lecturer, and author. The driving force behind Kenneth Boulding's wideranging book is that he truly en joys all that he does. Indeed, his greatest accomplishment may very well be that he was a profoundly happy man. This is reflected in works that are laced with beauty, wit, and extraordinary imagery-works that are often composed and appeared in the most unexpected of places. In the midst of one of the classic textbooks of his generally staid profession, Economic Analysis, Boulding introduced the "bathtub theorem." Illustrating Economics: Beasts, Ballads and Aphorisms is a collection of similar instances and, as such, it is fun. The reader should be advised that the book contains traps. Boulding coats his ideas with sugar to please his audience as well as promote consumption. He describes peace as "a drab girl with an olive branch corsage whom no red-blooded American (or Russian) could conceivably warm up to." The reader smiles at the recognition of the truth inherent within the image and ponders the irony of why so fine a state as peace should be regarded as dull, and so ugly a condition as war should be regarded as romantic. This book is for enjoyment, but it should carry the following warning: Caution-Reading this may be stimulating to your intellect.
Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. Economics can generally be broken down into macroeconomics, which concentrates on the behavior of the economy as a whole, and microeconomics, which focuses on individual people and businesses. The founding of modern Western economics generally credited to the publication of Scottish philosopher Adam Smith's 1776 book, An Inquiry Into the Nature and Causes of the Wealth of Nations. In this book, the classic works of the founders of economic theory are selected. The Wealth of Nations by Adam Smith On the Principles of Political Economy and Taxation by David Ricardo Capital by Karl Marx Principles of Economics by Alfred Marshall The General Theory of Employment, Interest, and Money by John Maynard Keynes
Economics is the mother tongue of public policy. It dominates our decision-making for the future, guides multi-billion-dollar investments, and shapes our responses to climate change, inequality, and other environmental and social challenges that define our times. Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike. That’s why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the 21st century. In Doughnut Economics, she sets out seven key ways to fundamentally reframe our understanding of what economics is and does. Along the way, she points out how we can break our addiction to growth; redesign money, finance, and business to be in service to people; and create economies that are regenerative and distributive by design. Named after the now-iconic “doughnut” image that Raworth first drew to depict a sweet spot of human prosperity (an image that appealed to the Occupy Movement, the United Nations, eco-activists, and business leaders alike), Doughnut Economics offers a radically new compass for guiding global development, government policy, and corporate strategy, and sets new standards for what economic success looks like. Raworth handpicks the best emergent ideas—from ecological, behavioral, feminist, and institutional economics to complexity thinking and Earth-systems science—to address this question: How can we turn economies that need to grow, whether or not they make us thrive, into economies that make us thrive, whether or not they grow? Simple, playful, and eloquent, Doughnut Economics offers game-changing analysis and inspiration for a new generation of economic thinkers.
With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.