THE EVOLUTIONIST ECONOMICS OF LÉON WALRAS

During the last decade the literature on Léon Walras has expanded enormously and, if the signs are right, there is more to come. Undoubtedly, the increased attention for the work of Walras has a lot to do with the increased accessibility of the work through the publication of the collected works by the Centre Walras at the University of Lyon and the archival work at the Centre Walras & Pareto…

Classical Econophysics

This monograph examines the domain of classical political economy using the method- ologies developed in recent years both by the new discipline of econo-physics and by computing science. This approach is used to re-examine the classical subdivisions of political economy: production, exchange, distribution and finance. The book begins by examining the most basic feature of economic life – pr…

Human Ecology Economics

A search for “human ecology” on the Google search engine produces an over- whelming 55 million results. A more traditional academic search, at the University of California, Berkeley library produces 903 references, which are scattered in various libraries ranging from Bioscience to Business and Economics and Environmental Design. Textbooks proposing to summarize this field include the early…

ENTREPRENEURIAL ECONOMICS

Would you rather live in a world without blood transfusions or a world without maritime insurance? Blood transfusions are dramatic and memorable (which is why we see them on prime-time hospital shows), while the facilitation of commerce through risk sharing is routine and easily taken for granted. But I'd be willing to bet that by almost any measure, three centuries of organized insurance marke…

Neuroscience and the Economics of Decision Making

In the last two decades there has been a flourishing of research carried out jointly by economists, psychologists, and neuroscientists. This meltdown of barriers between competences has led toward original approaches to investigate the mental and cognitive mechanisms involved in the way the economic agent col­lects, processes, and uses information to make choices. This research field involves …

The Economics of Symbolic Exchange

One clearly evident dimension is research. Certain authors introduce quite new intellectual approaches into scientific debate. This requires a special frame of mind and a searching curiosity about social reality. Carl Gustav Jung identified a phenomenon which he called systematic blindness: when a science reaches a stage of maturity and equilibrium, it categorically refuses, from a sense of sel…

Terms of Trade Gossary of International Economics

Have you ever wondered about the meaning of a word, a phrase, or an acronym in international economics? I often do. So I have looked them up, written their definitions, and listed these in a glossary that I have assembled over the last several years on my web site. With that I have frequently been able to refresh my own failing memory, since having written the definitions, I often forget them…

An Introduction to Mathematics for Economics

The material in the main text ranges from a revision of high-school mathematics to applications of calculus (single-variate, multivariate and integral) to economics and finance. For example: linear and quadratic functions are introduced in the context of demand and supply analysis; geometric sequences, exponential and logarithmic functions are introduced in the context of finance; single-variat…

Econometrics: Alchemy or Science?

This is a collection of my main essays on econometric methodology from the period 1974– 85 during which the approach developed into its present form, integrated by a commentary on the motivations, personalities and ideas central to its formalization. Sue Corbett of Blackwell Publishers initiated the idea of drawing together the main steps through which the methodology had evolved,since a deve…

THE FREE MAN'S LIBRARY

This book is a descriptive and critical bibliography of works on the philosophy of individualism. I have applied the term "individualism" in a broad sense. The bibliography includes books which explain the processes and advantages of free trade, free enterprise and free markets; which recognize the evils of excessive state power; and which champion the cause of individual freedom of worship, …

Information Security: Lessons from Behavioural Economics

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Women and Housing An international analysis

This book aims to highlight the gendered nature of housing processes and systems in an international context. The intention is to explore the dynamics of contemporary economic and social change and consider the implications for the relationship between women and the housing system in developed and emerging societies in Europe, the USA and East Asia. Whilst there has been a growing interest in c…

OUTSOURCING ECONOMICS

This book is the result of research and conversation over a number of years, and it gives us great pleasure to have a chance to thank the many people who have generously provided criticism, support, and inspiration to us over that time. There is no way to cite everyone who helped as we tested our ideas at university seminars, academic conferences, before the U.S. International Trade Commission,…

THE FREE MARKET AND ITS ENEMY

My premise is that the destiny of man is to emerge or evolve toward an advancing potential and that individual liberty is essential to such progress. Unless a reader shares my premise, he will not respond to my reasoning; nor will it be possible for him to arrive at my conclusions. He may have his eye set on a star I do not see or, if seeing, care nothing whatsoever about. I side with Th…

THE ECONOMICS OF UNIQUENESS

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978-0-8213-9706-0

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THE ECONOMICS OF UNIQUENESS

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Lectures on the Theory of Group Properties of Differential Equations

When I studied at Novosibirsk State University (Russian) I was lucky to have such brilliant teachers in mathematics as M.A. Lavrentyev, S.L. Sobolev, A.I. Mal’tsev, Yu.G. Reshetnyak and others. But it were L.V. Ovsyannikov’s lectures in Ordinary differential equations, Partial differential equations, Gas dynamics and Group properties of differential equations that were of the most benefit f…

GHG Emissions and Economic Growth

We decided to get this book published to help the larger audience make sense of the discussion on climate change and its implications for economic growth in In- dia. Issues linking climate change and economic growth are now at the centre of discussions regarding climate friendly development strategies which are increas- ingly becoming a necessity rather than an option for late-industrialising c…

MALAYSIA@50: ECONOMIC DEVELOPMENT, DISTRIBUTION, DISPARITIES

Peninsular Malaysia, then known as the Federation of Malaya, gained independence from Britain in 1957. An expanded federation of Malaysia was formed in September 1963 by federating the Federation of Malaya with the former Straits Settlements island colony of Singapore to the south of Malaya, Sabah (previously run by the British North Borneo Company, set up by royal charter) and the former Bro…

CAPITALISM

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978-1-931089-25-8

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CAPITALISM

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Lecture Notes in Economics and Mathematical Systems

In the context of decision-making in committees, equation (

Managing the Macroeconomy

Having originated in the advanced economies, the Global Financial Crisis (GFC) of 2008–09 spread rapidly to the rest of the world. The impact on the emerging markets, especially those in Asia, though not as severe as that in the advanced countries, was still quite signifi- cant. India withstood the crisis initially but could not remain entirely unaffected for long (especially after the collap…

Econometrics by Example

Econometrics by Example (EBE) is written primarily for undergraduate students in economics, accounting, finance, marketing, and related disciplines. It is also intended for students in MBA programs and for researchers in business, government, and re- search organizations. There are several excellent textbooks in econometrics, written from very elementary to very advanced levels. The writers of…

Can Economic Growth Be Sustained

Yujiro Hayami and Vernon Ruttan worked well together; they did so because they had a profound respect for each other. That respect was the bridge to listening and thinking together in ways that allowed them to build an important theoretical perspective referred to as the “most widely accepted model used today both for understanding agricultural growth processes and as the basis for agricultur…

An Introduction to Economic Reasoning

Why, indeed? A good short answer is that you can’t get away from it. Almost everything you do involves economics. Why do people have to earn a living? Why do some people—heavyweight boxers, rock stars, and movie producers, for example—earn vastly more than bus drivers or policemen? What determines the price of a Big Mac, or, for that matter, a Mack truck? Whenever you have to deal with mo…

The Economics and Ethics of Private Property

In 1849, at a time when classical liberalism was still the dominant ideological force and “economist” and “socialist” were generally considered antonyms, Gustave de Molinari, a renowned Belgian economist, wrote, If there is one well-established truth in political economy, it is this: That in all cases, of all commodities that serve to provide for the tangible or intangible need of the c…

The Protestant Ethic and the Spirit of Capitalism

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The Protestant Ethic and the Spirit of Capitalism

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Sharing the Prize: The Economics of the Civil Rights Revolution in the Americ…

It is customary to open with a remark about how long this study has taken, but the present work may approach an all- time record. My interest in the American South, and in the connection between the race issue and economics, goes back to the summer of 1963, when I traveled to Warren County, North Carolina— a black- majority, tobacco belt county in the northeastern part of the state— to joi…

Recreational Drug Consumption An Economic Perspective

The use of psychoactive drugs—licit and illicit—is associated with a range of adverse effects on both physical and mental health. Such health consequences range from short-term effects such as insomnia and abdominal pain to longterm effects such as seizures, strokes, paranoia, liver cirrhosis and heart disease (IHME 2013). Other than health effects, drug use is also associated with an …

Socioeconomic Renovation in Viet Nam

Since 1986, Viet Nam has been involved in a renovation process (doi moi) in order to promote socioeconomic development and closer integration with the rest of the world. A wide range of theoretical and practical problems have cropped up relating to various aspects of national social life, as well as relationships with foreign countries. These have become urgent topics for research and have …

TRACKING GENDER EQUITY UNDER ECONOMIC REFORMS

It is unlikely that there will be much difference of opinion about the fact that along with class, gender continues to be a basic criterion that structures most societies around the globe. In South Asia, the region which provides the main context of the research presented in this book, caste divisions combine with class and gender to generate what must be among the most complex and highly struc…