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Economic Ideas You Should Forget

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Release : 2017-03-08
Genre : Business & Economics
Kind : eBook
Book Rating : 588/5 ( reviews)

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Book Synopsis Economic Ideas You Should Forget by : Bruno S. Frey

Download or read book Economic Ideas You Should Forget written by Bruno S. Frey. This book was released on 2017-03-08. Available in PDF, EPUB and Kindle. Book excerpt: Reporting on cutting-edge advances in economics, this book presents a selection of commentaries that reveal the weaknesses of several core economics concepts. Economics is a vigorous and progressive science, which does not lose its force when particular parts of its theory are empirically invalidated; instead, they contribute to the accumulation of knowledge. By discussing problematic theoretical assumptions and drawing on the latest empirical research, the authors question specific hypotheses and reject major economic ideas from the “Coase Theorem” to “Say’s Law” and “Bayesianism.” Many of these ideas remain prominent among politicians, economists and the general public. Yet, in the light of the financial crisis, they have lost both their relevance and supporting empirical evidence. This fascinating and thought-provoking collection of 71 short essays written by respected economists and social scientists from all over the world will appeal to anyone interested in scientific progress and the further development of economics.

50 Economics Ideas You Really Need to Know

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Release : 2013-11-05
Genre : Business & Economics
Kind : eBook
Book Rating : 824/5 ( reviews)

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Book Synopsis 50 Economics Ideas You Really Need to Know by : Edmund Conway

Download or read book 50 Economics Ideas You Really Need to Know written by Edmund Conway. This book was released on 2013-11-05. Available in PDF, EPUB and Kindle. Book excerpt: What exactly is a credit crunch? Why do professional athletes earn so much more than the rest of us? Which country is likely to be the world's leading economy in ten years' time? Daily Telegraph economics editor Edmund Conway introduces and explains the central ideas of economics in a series of 50 essays. Beginning with an exploration of the basic theories, such as Adam Smith's "invisible hand," and concluding with the latest research into the links between wealth and happiness, he sheds light on all the essential topics needed to understand booms and busts, bulls and bears, and the way the world really works.

The Clash of Economic Ideas

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Release : 2012-04-16
Genre : Business & Economics
Kind : eBook
Book Rating : 422/5 ( reviews)

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Book Synopsis The Clash of Economic Ideas by : Lawrence H. White

Download or read book The Clash of Economic Ideas written by Lawrence H. White. This book was released on 2012-04-16. Available in PDF, EPUB and Kindle. Book excerpt: This book places economic debates in their historical context and outlines how economic ideas have influenced swings in policy.

The Economics of Creativity

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Release : 2013-02-11
Genre : Business & Economics
Kind : eBook
Book Rating : 410/5 ( reviews)

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Book Synopsis The Economics of Creativity by : Thierry Burger-Helmchen

Download or read book The Economics of Creativity written by Thierry Burger-Helmchen. This book was released on 2013-02-11. Available in PDF, EPUB and Kindle. Book excerpt: Understanding the economic implication of creative individuals and firms is at the heart of the new economy and of related fields such as the economics of knowledge, the economics of science and innovation management. This book brings together a panel of theoretical and empirical contributions which address the generation of creative ideas and their transformation into products and services by firms or universities, as well as the interplay of those organizations in networks and markets. The word ‘creativity’ has been used a great deal recently in relation to efforts to recover from the global financial crisis and re-launch economic activity. Little has been added to explain how and why an economic approach of creativity is useful and necessary. It is useful to understand how the most creative people work and think, and how to foster their creative productivity. It is useful to understand how organizations integrate and exploit creative ideas. It is useful to understand how market mechanisms can handle creativity and how policies must be adapted. It is necessary in the light of the recent economic crises that made innovation, invention and creativity the basis of a new industrialization and fuel for a new economic development. This new book assesses the economic impact of creativity, defining the term and then going on to explore theoretically and practically the economic consequences of creativity through a range of themes including: creativity and evolutionary theories of technological change; creativity and organizational learning; creativity and technological policy; and creativity and economics of networks. This volume offers a rich source of inspiration and ideas for the pursuit of research which merges economic tradition and management perspectives.

Entrepreneurial Economics

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Release : 2002
Genre : Business & Economics
Kind : eBook
Book Rating : 287/5 ( reviews)

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Book Synopsis Entrepreneurial Economics by : Alexander Tabarrok

Download or read book Entrepreneurial Economics written by Alexander Tabarrok. This book was released on 2002. Available in PDF, EPUB and Kindle. Book excerpt: This intriguing collection is designed to show how economists can play a more active role in designing and directing the nation's social institutions. By taking the task of political economy seriously, the contributors (including some of today's most distinguished economists) reveal the power of economic thought to offer innovative solutions to some of the most difficult problems facing society today. By creating markets where none existed before, the authors propose efficient, reliable, and profitable improvements to current systems of health insurance, financial markets, human organ distribution, judicial practice, bankruptcy and securities regulation, patenting, and transportation. Written in the entrepreneurial spirit, these essays show economics to be an ambitious, dynamic, and far-from-dismal science.

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