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The Economics and Politics of European Integration: Populism, Nationalism and the History of the EU

by Ivan T. Berend

The Economics and Politics of European Integration offers a comprehensive history of European integration, from the conceptualization of a United States of Europe, to the present day. The special role of the United States in this process of integration, and the expansion and evolution of the European Union, is critically analyzed. The book also thoroughly discusses the current view of the EU and the complex crises emerging from the COVID-19 pandemic. While the book focuses primarily on Europe, the role of other countries is also examined. The rise of hostile enemies from Turkey, Russia, the US and China is explored, and the history and outcome of Brexit also receives unique focus. Maps are used throughout to clearly depict the enlargement process. This illuminating text will be valuable reading for students and researchers across international economics, economic history, political economy and European studies.

The Economics and Politics of the United States Oil Industry, 1920-1990: Profits, Populism and Petroleum (Routledge Library Editions: The Economics and Politics of Oil and Gas #8)

by Steve Isser

This book, originally published in 1996, traces the development of US government policy toward the oil industry during the 1920s and 1930s when the domestic syustem of production control was established. It then charts the deveopment and collapse of oil import controls, and the wild scramble for economic rents generated by Government regulation. It discusses the two oil crises and the ‘phantom’ Gulf War crisis, and the importance of public opinion in shaping the policy agenda. It also provides an in-depth study of Congressional oil votes from the 1950s to the 1980s and the formation of oil policy, beginning with theories of economic regulation, the role of interest groups in developing the policy agenda and the role of money in politics.

Economics and Power: A Marxist critique (Routledge Frontiers of Political Economy)

by Giulio Palermo

In the economic debate, power is defined and studied mainly as an interpersonal relation occurring out of perfect competition. This is a consequence of the combination of methodological individualism and the assumption of competition as a natural and everlasting coordinating mechanism, operating without any sort of coercion. This methodology, however, is not adequate to analyze the forms of social coercion that characterize capitalism. Economics and Power criticizes the main theories of power developed in economic literature, analyzing ultraliberal contractualism to radical political economics, and ultimately suggesting a Marxist conception of power and coercion in capitalism. Palermo’s ontological argument is rooted in the philosophy of ‘critical realism’.This unique volume presents his main finding as being that the essential coercive mechanism of capitalism is competition. Capitalist power is not caused by a lack of competition, but by the central role it plays in this mode of production. Following this, the chapters reconstruct a Marxian conception of power where it is analyzed as a social relation and argues that perfect competition does in fact exist under the disguise of capitalist power. This book criticizes the construct of power and the underlying ideas surrounding perfect competition. This book is of interest to those who study political economy, as well as economic theory and philosophy.

Economics and Psychology: An Uneasy History (Routledge Advances in Behavioural Economics and Finance)

by Stavros Drakopoulos Ioannis Katselidis

With the rise of modern behavioural economics and increasing interest in subjective well-being research, the question of the relationship between economics and psychology has again been brought to the fore. Drawing on the history of economic thought, this book explores the historical relationship between the two disciplines. The book opens with a description of the primary philosophical foundations for early arguments supporting the interplay between economics and psychology. Both classical economists and other prominent pre-marginalists writers are examined in this context. The ensuing discussion explores the marginalist revolution and how well-known economists like Jevons and Edgeworth, influenced by pre-marginalist writers, incorporated ideas and findings from psychology. The book then describes how, following the so-called “Paretian turn”, early neoclassical economists attempted to expel psychological concepts from economic analysis. Combined with the increasing formalization, the influence of the classical physics scientific ideal, and the impact of positivism, this methodological stance became dominant in modern mainstream economics. In contrast, non-mainstream traditions continued to acknowledge the significance of psychology in their economic analysis. Thistradition includes inter alia the so-called old behavioural economics, mainly of Herbert Simon and George Katona. The revival of psychology in economics came mainly with the emergence and development of new behavioural economics as a distinct branch during the last few decades. The trend was further assisted by the emergence of the economics of subjective well-being. Finally, the book briefly explores the state of the current debate concerning the relationship between economics and psychology. This book will be invaluable reading to anyone interested in the history of the study of economics and psychology, as well as of great interest to students and scholars of history of economic thought, psychological economics, behavioural economics and the history and philosophy of social sciences.

Economics and the Historian

by Thomas G. Rawski Susan B. Carter Jon S. Cohen Stephen Cullenberg Peter H. Lindert Donald N. Mccloskey Hugh Rockoff Richard Sutch

These essays provide a thorough introduction to economics for historians. The authors, all eminent scholars, show how to use economic thinking, economic models, and economic methods to enrich historical research. They examine such vital issues as long-term trends, institutions, labor--including an engaging dialogue between a labor historian and a labor economist--international affairs, and money and banking. Scholars and teachers of history will welcome this volume as an introduction and guide to economics, a springboard for their own research, and a lively and provocative source of collateral reading for students at every level. The combined research experience of these authors encompasses many varieties of economics and covers a kaleidoscopic array of nations, subjects, and time periods. All are expert in presenting the insights and complexities of economics to nonspecialist audiences.

Economics and the Public Purpose

by John Kenneth Galbraith

The third and most important of Galbraith's major works brings completely into focus his model of our modern economic society.

Economics, Anthropology and the Origin of Money as a Bargaining Counter (Routledge Frontiers of Political Economy)

by Patrick Spread

For many decades economists have disputed with economic anthropologists over the origins of money. Economists claim that money emerged from barter exchange; anthropologists claim that it originated as a ‘unit of account’ in the temples and palaces of ancient Mesopotamia. This book argues that money originated as a bargaining counter in a system of money-bargaining, emerging almost seamlessly from barter-bargaining. This is not the ‘money’ of mainstream economic conception – a ‘veil’ cast over a system of resource allocation defined in mathematical terms. Confidence in the bargaining counter is sustained through ‘support-bargaining,’ a process in which individuals seek the support of their associates but seek at the same time to advance their own interests. A comprehensive ‘Introduction to Support-Bargaining and Money-Bargaining’ is provided by the work. The arrival of coin-money is recognised by many as a crucial event in the history of mankind, and it is argued here that the distinctive character of support-bargaining in ancient Greek city states made possible the introduction of coin-money. The dependence of coin-money on a particular form of support-bargaining also suggests the reason why coin-money was not introduced much earlier, given that the technology for producing coins was available long before their adoption. This book will be of great interest to researchers in the history and origins of money, banking and economic theory more broadly.

Economics as Religion: From Samuelson to Chicago and Beyond

by Robert H. Nelson

Robert Nelson’s Reaching for Heaven on Earth, Economics as Religion, and The New Holy Wars: Economic Religion Versus Environmental Religion in Contemporary America read almost like a trilogy, exploring and charting the boundaries of theology and economics from the Western foundations of ancient Greece through the traditions that Nelson identifies as “Protestant” and “Roman,” and on into modern economic forms such as Marxism and capitalism, as well as environmentalism. Nelson argues that economics can be a genuine form of religion and that it should inform our understanding of the religious developments of our times. This edition of Economics as Religion situates the influence of his work in the scholarly economic and theological conversations of today and reflects on the state of the economics profession and the potential implications for theology, economics, and other social sciences.

Economics as Religion: From Samuelson to Chicago and Beyond

by Robert H. Nelson

In this study, Robert H. Nelson explores the genesis, the prophets, the prophesies, and the tenets of what he sees as a religion of economics that has come into full blossom in latter-day America. Nelson does not see "theology" as a bad word, and his examination of the theology underlying Samuelsonian and Chicagoan economics is not a put-down. It is a way of seeing the rhetoric of fundamental belief—what has been called "vision."

Economics as Religion: From Samuelson to Chicago and Beyond

by Robert H. Nelson

Robert Nelson’s Reaching for Heaven on Earth, Economics as Religion, and The New Holy Wars: Economic Religion Versus Environmental Religion in Contemporary America read almost like a trilogy, exploring and charting the boundaries of theology and economics from the Western foundations of ancient Greece through the traditions that Nelson identifies as “Protestant” and “Roman,” and on into modern economic forms such as Marxism and capitalism, as well as environmentalism. Nelson argues that economics can be a genuine form of religion and that it should inform our understanding of the religious developments of our times. This edition of Economics as Religion situates the influence of his work in the scholarly economic and theological conversations of today and reflects on the state of the economics profession and the potential implications for theology, economics, and other social sciences.

The Economics Book: Big Ideas Simply Explained (DK Big Ideas)

by DK

Learn about trade and global economic crises in The Economics Book.Part of the fascinating Big Ideas series, this book tackles tricky topics and themes in a simple and easy to follow format. Learn about Economics in this overview guide to the subject, great for novices looking to find out more and experts wishing to refresh their knowledge alike! The Economics Book brings a fresh and vibrant take on the topic through eye-catching graphics and diagrams to immerse yourself in. This captivating book will broaden your understanding of Economics, with:- More than 100 of the greatest ideas in economics- Packed with facts, charts, timelines and graphs to help explain core concepts- A visual approach to big subjects with striking illustrations and graphics throughout- Easy to follow text makes topics accessible for people at any level of understandingThe Economics Book is a captivating introduction to historically important and emergingideas in a field of science that often confuses newcomers, aimed at adults with an interest in the subject and students wanting to gain more of an overview. Here you&’ll discover more than 100 of the greatest ideas, from the earliest experiences of trade to global economic crises, through exciting text and bold graphics.Your Economics Questions, Simply ExplainedThis fresh new guide examines everything from the current financial climate of markets in turmoil and whole economies in melt-down. If you thought it was difficult to learn about this field of science, The Economics Book presents key information in a clear layout. From the earliest development of private property to the cutting-edge modern game theory, learn about centuries of economic thought, making clear even the most complex of concepts.The Big Ideas SeriesWith millions of copies sold worldwide, The Economics Book is part of the award-winning Big Ideas series from DK. The series uses striking graphics along with engaging writing, making big topics easy to understand.

The Economics Book: From Xenophon to Cryptocurrency, 250 Milestones in the History of Economics (Union Square & Co. Milestones)

by Steven G. Medema

&“Short essays about the [250] most significant developments in economic history . . . accessible [and] beautifully illustrated.&” —Booklist From the philosophical dialogues of Ancient Greece and the moral contemplations of Medieval Europe to deregulation and cryptocurrency, The Economics Book presents 250 milestones in the science of the production, sale, and purchase of goods and services. These concise, engaging, informative essays examine the full gamut of subjects, revealing both the entertaining stories and the world-changing developments in the field. Shedding thoughtful light on the field&’s significant subdisciplines—including: mercantilism, the Enlightenment, communism, econometrics, Keynesianism, macroeconomics, game theory, cliometrics, market design theory, and the Keynesian Resurgence that emerged in the wake of the Great Recession—this vibrant, colorfully illustrated collection will captivate you with a bird&’s-eye view of the development of the world&’s markets, what has shaped and affected them, and what drives them today.

Economics Broadly Considered: Essays in Honour of Warren J. Samuels (Routledge Studies In The History Of Economics #Vol. 48)

by Jeff E. Biddle John B. Davis Steven G. Medema

Warren J. Samuels has been a prominent figure in the study of economics in the twentieth century. This book brings together essays by leading scholars in the areas of economics in which Samuels has made his most important contributions: the history of economic thought, economic methodology, and institutional and post-Keynesian economics. This work

Economics, Capitalism, and Corporations: Contradictions of Corporate Law, Economics, and the Theory of the Firm (The Economics of Legal Relationships)

by Wm. Dennis Huber

This book is a continuation of Corporate Law and the Theory of the Firm: Reconstructing Corporations, Shareholders, Directors, Owners, and Investors. The author extends his analysis of contract law, property law, agency law, trust law, and corporate statutory law and applies that analysis to defy conventional concepts and theories in economics, finance, investment, and accounting and expose the artificial boundaries established by decades of research founded on indefensible assumptions and fallacious conclusions. Using the Humpty Dumpty principle, where words mean what the authors want them to mean, economists have created "strange new worlds" where contract law, property law, agency law, and corporate statutory law no longer apply. The author dismantles the theory of the firm by proving the theory of the firm wilfully and intentionally ignores fundamental contract law, property law, agency law, and corporate statutory law. Contrary to the theory of the firm, shareholders do not own corporations, directors are not agents of shareholders, and shareholders are not investors in corporations. The author proves that by property law and corporate law, capital is not privately owned by capitalists but by corporations. Entire economic and social systems have been constructed that have no basis in law. With the advent of publicly traded corporations, the capital is there, but both capitalists and capitalism have been rendered extinct. This book will appeal to researchers and graduate and upper-level undergraduate students in economics, finance, accounting, law, and sociology, as well as legal scholars, attorneys and accountants.

Economics Does Not Lie

by Guy Sorman

In the 20th century, privatization and market capitalism have reconstructed Eastern Europe and lifted 800 million people - in China, Brazil, and India - out of poverty. In Economics Does Not Lie, noted French journalist Guy Sorman reveals that behind this unprecedented growth is not only the collapse of state socialism but also a scientific revolution in economics - one that is as of yet dimly understood by the public but increasingly embraced by policymakers around the globe.

Economics, Entrepreneurship and Utopia: The Economics of Jeremy Bentham and Robert Owen (Routledge Studies in the History of Economics)

by Estrella Trincado Manuel Santos-Redondo

In the early 1800s, Robert Owen was a mill owner, political figure, and an advocate for social reform, and his publications attained considerable circulation. He believed that people need good working conditions in order to be encouraged to work and motivated to learn. Despite the higher costs associated with this kind of operation, compared to the traditional ones, Owen’s management resulted in increased productivity and profit. His results caught the attention of men of wealth who were interested in social reform. In particular, at a similar time, Jeremy Bentham was developing his own theories. Owen and Bentham seemed to be based on some similar ideas that the greatest happiness creates the greatest results. Their ideas developed against the backdrop of the Industrial Revolution, and growing social and economic problems in England. Owen and Bentham were forerunners of highly relevant current theories of economics – marginalism, entrepreneurship, personnel management, and constructivism. They were acquainted with such important authors as James Mill, Malthus, Ricardo and John Stuart Mill. However, their economic theories were ruled out by classical economists, who actively tried to silence perspectives different from the orthodoxy. This book presents an innovative study of these two social thinkers and reformers, who have rarely, if ever, been studied together. This comparative study provides new context both on the social debate taking place during the Industrial Revolution, and on the development of modern social thought, in particular, the relationship between socialism and utilitarianism. Economics, Entrepreneurship and Utopia will be of great relevance to scholars with an interest in the history of economic ideas, the history of entrepreneurship, and social reform in both historical and contemporary contexts.

Economics, Ethics and Power: From Behavioural Rules to Global Structures (Routledge Frontiers of Political Economy)

by Hasse Ekstedt

Economic theory in its neoclassical form is sometimes regarded as free from values; it is simply the theory of economic exchange. This can only hold true if we accept the idea of "Homo Economicus" and the equilibrium economy. But in the real world, away from neoclassical models, there is no intrinsic stability as such. Instead, stability is created by the surrounding social, cultural and political structures. Clearly, it is imperative that ethics features in the analysis of these economic and socio-political structures. Drawing on Aristotle, Kant, Hume and others, this book conceptualizes the analysis of ethics and economic and social structures. It first considers the key philosophical underpinnings and categories which frame the discussion of ethics in economic theory and then considers individual ethics, social action, financial structures and war. Throughout, ethics are examined in a multicultural context with structural complexities, and the difficulties in finding a coherent set of ethics which provides social cohesion and an open society are considered. A key part of this is the comparison of two ethical principles which can be adopted by societies: ius soli or loyalty to constitution, and ius sanguinis or loyalty to "Blood and Soil". The latter is argued to lead to problems of Us and the Other. Introducing the possibility of integrating microscopic ethics into socio-political structures and proposing the eventual existence of a global ethics, this volume is a significant contribution to the emerging literature on economics, social structures and ethics. It will be of particular interest to those working in business and public administration and who have an education in socio-economic areas, but it also has a broad appeal to students and academics in the social sciences.

Economics Explained: Everything You Need to Know about How the Economy Works and Where It's Going

by Lester C. Thurow Robert Heilbroner

Well-written explanation of economic principles, taken from a well-known textbook for College by the same authors.

Economics for Sustainable Prosperity (Binzagr Institute For Sustainable Prosperity Ser.)

by Steven Hail

The central argument of this book is that the foundations for sustainable prosperity lie in an approach to economic management based on modern monetary theory and a job guarantee. This approach builds on the work of Keynes, Kalecki, Minsky, Davidson, Godley and other Post- Keynesian economists—as well as research by behavioral economists including Simon, Kahneman and Loewenstein—to explore the role that a permanent, equitable job guarantee could play in building an inclusive, participatory and just society. Orthodox (neoclassical) economics, in its various forms, has failed to deliver sustainable prosperity. An important reason for this failure is its lack of realistic foundations. It misrepresents both human nature and economic institutions, and its use as a frame for the development and assessment of economic policy proposals has had disastrous consequences for social inclusion and the quality of life of millions of people. This book discusses an alternative, more realistic and more useful set of economic foundations, which could deliver the opportunity of a decent quality of life with dignity to all.

Economics in America: An Immigrant Economist Explores the Land of Inequality

by Angus Deaton

From the Nobel Prize–winning economist and New York Times bestselling coauthor of Deaths of Despair and the Future of Capitalism, candid reflections on the economist’s craftWhen economist Angus Deaton immigrated to the United States from Britain in the early 1980s, he was awed by America’s strengths and shocked by the extraordinary gaps he witnessed between people. Economics in America explains in clear terms how the field of economics addresses the most pressing issues of our time—from poverty, retirement, and the minimum wage to the ravages of the nation’s uniquely disastrous health care system—and narrates Deaton’s account of his experiences as a naturalized US citizen and academic economist.Deaton is witty and pulls no punches. In this incisive, candid, and funny book, he describes the everyday lives of working economists, recounting the triumphs as well as the disasters, and tells the inside story of the Nobel Prize in economics and the journey that led him to Stockholm to receive one. He discusses the ongoing tensions between economics and politics—and the extent to which economics has any content beyond the political prejudices of economists—and reflects on whether economists bear at least some responsibility for the growing despair and rising populism in America.Blending rare personal insights with illuminating perspectives on the social challenges that confront us today, Deaton offers a disarmingly frank critique of his own profession while shining a light on his adopted country’s policy accomplishments and failures.

Economics in Perspective: A Critical History

by Richard Parker John Kenneth Galbraith

In Economics in Perspective, renowned economist John Kenneth Galbraith presents a compelling and accessible history of economic ideas, from Aristotle through the twentieth century. Examining theories of the past that have a continuing modern resonance, he shows that economics is not a timeless, objective science, but is continually evolving as it is shaped by specific times and places. From Adam Smith's theories during the Industrial Revolution to those of John Maynard Keynes after the Great Depression, Galbraith demonstrates that if economic ideas are to remain relevant, they must continually adapt to the world they inhabit. A lively examination of economic thought in historical context, Economics in Perspective shows how the field has evolved across the centuries.

Economics in Perspective (A Critical History)

by John Kenneth Galbraith

Galbraith gives students and professional economists alike the history behind current economic concepts. He outlines the ethical judgments that remain from the household economies of the Greeks to modern capitalism.

Economics in Russia: Studies in Intellectual History (Modern Economic And Social History Ser.)

by Joachim Zweynert

The history of Russian economic ideas from the sixteenth century to contemporary times is a fascinating, tumultuous yet neglected topic among Western scholars. Whilst over the last 15 years increasing amounts of work has been done on the subject, co-operation between Russian and Western researchers in this field leaves much to be desired. In order to improve this situation, this volume unites Russian and non-Russian researchers together to provide an overview of the current state of the topic and to give a stimulus for further research. Bringing together scholars from the UK, Germany, Japan, Australia, Finland and Russia, the collection puts forward differing, yet complimentary, perspectives on the long-term history of Russian economic ideas. Offering a broad collection of articles covering the period from the seventeenth to the twentieth centuries, authors have approached the subject from diverse theoretical angles. Contributions in the tradition of Blaug and Schumpeter focusing on economic analysis in a narrower sense, and contributions that - in line with authors like Pribram or Perlman/McCann - deal with economic thought in the context of history and culture, are all represented. In terms of content, the editors have encouraged approaches that represent different economic traditions in order to encourage a diversity of opinions on the national development of Russian economics. As such the volume offers a broad and very relevant assessment of the subject for both historians and economists alike.

Economics in the Long Run: New Deal Theorists and Their Legacies, 1933-1993

by Theodore Rosenof

Though understandably preoccupied with the immediate problems of the Great Depression, the generation of economists that came to the forefront in the 1930s also looked ahead to the long-term consequences of the crisis and proposed various solutions to prevent its recurrence. Theodore Rosenof examines the long-run theories and legacies of four of the leading members of this generation: John Maynard Keynes of Great Britain, who influenced the New Deal from afar; Alvin Hansen and Gardiner Means, who fought over the direction of New Deal policy; and Joseph Schumpeter, an opponent of the New Deal. Rosenof explores the conflicts that arose among long-run theorists, arguing that such disputes served eventually to set the stage for the emergence and domination of a short-run Keynesian approach to economic policy that collapsed under the impact of 1970s stagflation. Tracing the subsequent revival of long-run theories, Rosenof demonstrates their relevance to an understanding of the economy's problems over the past quarter-century and to the current debate over public policy.Originally published in 1997.A UNC Press Enduring Edition -- UNC Press Enduring Editions use the latest in digital technology to make available again books from our distinguished backlist that were previously out of print. These editions are published unaltered from the original, and are presented in affordable paperback formats, bringing readers both historical and cultural value.

Economics Made Fun: Philosophy of the pop-economics

by N. Emrah Aydinonat and Jack Vromen

Best-selling books such as Freakonomics and The Undercover Economist have paved the way for the flourishing economics-made-fun genre. While books like these present economics as a strong and explanatory science, the ongoing economic crisis has exposed the shortcomings of economics to the general public. In the face of this crisis, many people, including well-known economists such as Paul Krugman, have started to express their doubts about whether economics is a success as a science. As well as academic papers, newspaper columns with a large audience have discussed the failure of economic to predict and explain ongoing trends. The emerging picture is somewhat confusing: economics-made-fun books present economics as a method of thinking that can successfully explain everyday and "freaky" phenomena. On the other hand, however, economics seems to fail in addressing and explaining the most pressing matters related to the field of economics itself. This book explores the confusion created by this contradictory picture of economics. Could a science that cannot answer its own core questions really be used to explain the logic of everyday life? This book was originally published as a special issue of the Journal of Economic Methodology.

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