John M. Legge shows the many ways in which the real world diverges from economics textbooks. He argues that mainstream economic theory took a disastrous turn 140 years ago, when it attempted to use calculus to explain human behaviour.
John M. Legge shows the many ways in which the real world diverges from economics textbooks. He argues that mainstream economic theory took a disastrous turn 140 years ago, when it attempted to use calculus to explain human behaviour.
John M. Legge has taught innovation and entrepreneurship for the last twenty-five years. Previously, he worked in the engineering and computer industries in design, development, implementation, marketing, and strategic planning.
Inhaltsangabe
Preface Note on Measurements Acknowledgments 1 Uses and Abuses of Economics Textbook Economics Economics and the Environment Economics and Society Politics Economics and Infallibility Economic Miracles Class War Models and Reality 2 Names to Reckon With The Classical Economists Adam Smith David Ricardo Thomas Malthus Karl Marx Neoclassical Economists Background Jevons and Walras Alfred Marshall Paul Samuelson The Heroes Schumpeter Keynes The Chicago School Neoliberalism Origins Public Choice and Regulatory Capture Milton Friedman Ordo-liberalism Neoliberalism Stage 3 in Practice The Washington Consensus 3 Competition: Real or Perfect? Perfect Competition Teaching Perfection The Welfare Flaw The Mathematical Error The Attractions of Perfect Competition The F-twist Realistic Competition IO Economics Monopolistic Competition Price in the Real World Representative Consumers? Representative Firms? Unique Attributes Change and Continuity 4 Money and Banking Fiat Currencies Banking in Theory and in Practice Fractional Reserve Banking Dustytown, United States Reality Turned Upside Down Political Consequences Regulated Banking Saving and Investment Interest 5 Macroeconomics Crises Are Endogenous Counterattack Microfoundations Drivers of Employment and Unemployment Instability Monetary Neutrality The Politics of Trade Trade in General Contemporary Issues Trade and Investment 6 Inflation Prices and Wages Innovation, Prices, and Employment Origins of Inflation Normal Inflation Hyperinflation Asset Price Inflation The 1970s and After The 1980s The Great Moderation The Politics of Inflation 7 The Great Recession and the Eurozone Crisis How the Scene Was Set Limitations on Liberalism Enter Chaos and Complexity The Great Depression The Keynesian Revolution Turbulence Neoliberalism Ascendant The Southeast Asian Crisis Crisis Phase 1: Subprime Crisis Phase 2: The Eurozone 8 The Labor Market Classical Theory Neoclassical Theory: Outline and Critique The Inside/Outside Disparity Labor Market Structure: The Galbraith Analysis How It Really Works Unemployment Keynes on Unemployment NAIRU and Full Employment Education and Training Equity Considerations Matching Skills to Need Winner Takes All? Education and Experience Policies and Results Responding to the Skills Crisis Proven Labor-Market Alternatives France Germany Japan 9 The Engine of Growth Growth in Theory Schumpeter's Spiral Staircase Neoclassical Growth Theory Product Differentiation: Consumer Fraud or Valuable Innovation? Innovation in
Preface Note on Measurements Acknowledgments 1 Uses and Abuses of Economics Textbook Economics Economics and the Environment Economics and Society Politics Economics and Infallibility Economic Miracles Class War Models and Reality 2 Names to Reckon With The Classical Economists Adam Smith David Ricardo Thomas Malthus Karl Marx Neoclassical Economists Background Jevons and Walras Alfred Marshall Paul Samuelson The Heroes Schumpeter Keynes The Chicago School Neoliberalism Origins Public Choice and Regulatory Capture Milton Friedman Ordo-liberalism Neoliberalism Stage 3 in Practice The Washington Consensus 3 Competition: Real or Perfect? Perfect Competition Teaching Perfection The Welfare Flaw The Mathematical Error The Attractions of Perfect Competition The F-twist Realistic Competition IO Economics Monopolistic Competition Price in the Real World Representative Consumers? Representative Firms? Unique Attributes Change and Continuity 4 Money and Banking Fiat Currencies Banking in Theory and in Practice Fractional Reserve Banking Dustytown, United States Reality Turned Upside Down Political Consequences Regulated Banking Saving and Investment Interest 5 Macroeconomics Crises Are Endogenous Counterattack Microfoundations Drivers of Employment and Unemployment Instability Monetary Neutrality The Politics of Trade Trade in General Contemporary Issues Trade and Investment 6 Inflation Prices and Wages Innovation, Prices, and Employment Origins of Inflation Normal Inflation Hyperinflation Asset Price Inflation The 1970s and After The 1980s The Great Moderation The Politics of Inflation 7 The Great Recession and the Eurozone Crisis How the Scene Was Set Limitations on Liberalism Enter Chaos and Complexity The Great Depression The Keynesian Revolution Turbulence Neoliberalism Ascendant The Southeast Asian Crisis Crisis Phase 1: Subprime Crisis Phase 2: The Eurozone 8 The Labor Market Classical Theory Neoclassical Theory: Outline and Critique The Inside/Outside Disparity Labor Market Structure: The Galbraith Analysis How It Really Works Unemployment Keynes on Unemployment NAIRU and Full Employment Education and Training Equity Considerations Matching Skills to Need Winner Takes All? Education and Experience Policies and Results Responding to the Skills Crisis Proven Labor-Market Alternatives France Germany Japan 9 The Engine of Growth Growth in Theory Schumpeter's Spiral Staircase Neoclassical Growth Theory Product Differentiation: Consumer Fraud or Valuable Innovation? Innovation in
Es gelten unsere Allgemeinen Geschäftsbedingungen: www.buecher.de/agb
Impressum
www.buecher.de ist ein Shop der buecher.de GmbH & Co. KG Bürgermeister-Wegele-Str. 12, 86167 Augsburg Amtsgericht Augsburg HRA 13309
