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Author : J. L. Anderson
Release : 1995-09-28
Genre : Business & Economics
Kind : eBook
Book Rating : 849/5 ( reviews)
Book Synopsis Explaining Long-Term Economic Change by : J. L. Anderson
Download or read book Explaining Long-Term Economic Change written by J. L. Anderson. This book was released on 1995-09-28. Available in PDF, EPUB and Kindle. Book excerpt: A concise and accessible examination of the established models used to explain long-term and large-scale economic change.
Author : Dora L. Costa
Release : 2011-10
Genre : Business & Economics
Kind : eBook
Book Rating : 344/5 ( reviews)
Book Synopsis Understanding Long-Run Economic Growth by : Dora L. Costa
Download or read book Understanding Long-Run Economic Growth written by Dora L. Costa. This book was released on 2011-10. Available in PDF, EPUB and Kindle. Book excerpt: The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. This book explores the relationship between economic conditions, growth, and inequality.
Author : Douglass C. North
Release : 2006
Genre : Economics
Kind : eBook
Book Rating : 282/5 ( reviews)
Book Synopsis Understanding The Process Of Economic Change by : Douglass C. North
Download or read book Understanding The Process Of Economic Change written by Douglass C. North. This book was released on 2006. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Debin Ma
Release : 2011-06-06
Genre : Business & Economics
Kind : eBook
Book Rating : 616/5 ( reviews)
Book Synopsis Law and Long-Term Economic Change by : Debin Ma
Download or read book Law and Long-Term Economic Change written by Debin Ma. This book was released on 2011-06-06. Available in PDF, EPUB and Kindle. Book excerpt: Recently, a growing body of work on "law and finance" and "legal origins" has highlighted the role of formal legal institutions in shaping financial institutions. However, these writings have focused largely on Europe, neglecting important non-Western traditions that prevail in a large part of the world. Law and Long-Term Economic Change brings together a group of leading scholars from economics, economic history, law, and area studies to develop a unique, global and, long-term perspective on the linkage between law and economic change. Covering the regions of Western Europe, East and South Asia, and the Middle East, the chapters explore major themes regarding the nature and evolution of different legal regimes; their relationship with the state or organized religion; the definition and interpretation of ownership and property rights; the functioning of courts, and other mechanisms for dispute resolution and contract enforcement; and the complex dynamics of legal transplantations through processes such as colonization. The text makes clear that the development of legal traditions and institutions—as embodiments of cultural values and norms—exerts a strong effect on long-term economic change. And it demonstrates that a good understanding of legal origins around the world enriches any debate about Great Divergence in the early modern era, as well as development and underdevelopment in 19th-20th century Eurasia.
Author : Richard R. Nelson
Release : 1985-10-15
Genre : Business & Economics
Kind : eBook
Book Rating : 431/5 ( reviews)
Book Synopsis An Evolutionary Theory of Economic Change by : Richard R. Nelson
Download or read book An Evolutionary Theory of Economic Change written by Richard R. Nelson. This book was released on 1985-10-15. Available in PDF, EPUB and Kindle. Book excerpt: This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
