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Public Goods and Market Failures

Business & Economics
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Genre : Business & Economics
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Book Rating : 380/5 ( reviews)

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Book Synopsis Public Goods and Market Failures by : Tyler Cowen

Download or read book Public Goods and Market Failures written by Tyler Cowen. This book was released on . Available in PDF, EPUB and Kindle. Book excerpt: Assertions of market failure are usually based on Paul Samuelson's theory of public goods and externalities. This book both develops that theory and challenges the conclusion of many economists and policy-makers that market failures cannot be corrected by market forces. The volume includes major case studies of private provision of public goods. Among the goods considered are lighthouse services, education, municipal services, and environmental conservation.

Examining the Relationship Between Economics and Philosophy

2019-10-25 Business & Economics
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Release : 2019-10-25
Genre : Business & Economics
Kind : eBook
Book Rating : 399/5 ( reviews)

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Book Synopsis Examining the Relationship Between Economics and Philosophy by : Akansel, Ilkben

Download or read book Examining the Relationship Between Economics and Philosophy written by Akansel, Ilkben. This book was released on 2019-10-25. Available in PDF, EPUB and Kindle. Book excerpt: In today’s data-driven world, certain infrastructures of society have begun to lose their anthropological traits. Economics, specifically, has started placing importance on quantity over quality, excluding its philosophical perspective. Scientists and associates of economics need to be reacquainted with the psychological aspect of commerce and its significance to humanity. Examining the Relationship Between Economics and Philosophy is an essential reference source that discusses the psychological view of economics as well as its philosophical background. Featuring research on topics such as cognitive science, neoliberalism, and neuroeconomics, this book is ideally designed for scientists, economists, managers, executives, academicians, researchers, and students seeking coverage on the philosophy of the financial system and its impact on competitive markets.

The Theory of Market Failure

1988 Business & Economics
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Release : 1988
Genre : Business & Economics
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Book Rating : /5 ( reviews)

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Book Synopsis The Theory of Market Failure by : Tyler Cowen

Download or read book The Theory of Market Failure written by Tyler Cowen. This book was released on 1988. Available in PDF, EPUB and Kindle. Book excerpt: "Co-published by arrangement with the Cato Institute"--T.p. verso. Includes bibliographies.

Morality, Competition, and the Firm

2014-08-01 Philosophy
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Release : 2014-08-01
Genre : Philosophy
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Book Rating : 492/5 ( reviews)

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Book Synopsis Morality, Competition, and the Firm by : Joseph Heath

Download or read book Morality, Competition, and the Firm written by Joseph Heath. This book was released on 2014-08-01. Available in PDF, EPUB and Kindle. Book excerpt: In this collection of provocative essays, Joseph Heath provides a compelling new framework for thinking about the moral obligations that private actors in a market economy have toward each other and to society. In a sharp break with traditional approaches to business ethics, Heath argues that the basic principles of corporate social responsibility are already implicit in the institutional norms that structure both marketplace competition and the modern business corporation. In four new and nine previously published essays, Heath articulates the foundations of a "market failures" approach to business ethics. Rather than bringing moral concerns to bear upon economic activity as a set of foreign or externally imposed constraints, this approach seeks to articulate a robust conception of business ethics derived solely from the basic normative justification for capitalism. The result is a unified theory of business ethics, corporate law, economic regulation, and the welfare state, which offers a reconstruction of the central normative preoccupations in each area that is consistent across all four domains. Beyond the core theory, Heath offers new insights on a wide range of topics in economics and philosophy, from agency theory and risk management to social cooperation and the transaction cost theory of the firm.

The Demand and Supply of Public Goods

1999 Business & Economics
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Release : 1999
Genre : Business & Economics
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Book Rating : 216/5 ( reviews)

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Book Synopsis The Demand and Supply of Public Goods by : James M. Buchanan

Download or read book The Demand and Supply of Public Goods written by James M. Buchanan. This book was released on 1999. Available in PDF, EPUB and Kindle. Book excerpt: Public-goods theory constituted a major element in James M. Buchanan’s research agenda throughout the 1960s. The Demand and Supply of Public Goods is a major part of that work. At the time that Buchanan was elaborating on his theories of public goods, the prevailing trend in public economics was the emergence of public-expenditure theory, which attempted to form a comprehensive theory of the state around the notion of market failure. The Demand and Supply of Public Goods established Buchanan’s broad purpose of explicitly comparing market performance with political performance. As such, the book is an important part of Buchanan’s contractarian theory of the "productive state.” Conceived originally as a series of lectures given at Cambridge University in 1961 and 1962, The Demand and Supply of Public Goods is written for students, but is in no way a textbook of dry pedagogy. Instead, as Geoffrey Brennan writes in the foreword, "What Buchanan provides here is a clear statement of the contractarian approach to public goods problems, very much in the 'voluntary exchange’ tradition of Wicksell and Lindhal.” James M. Buchanan is an eminent economist who won the Alfred Nobel Memorial Prize in Economic Sciences in 1986 and is considered one of the greatest scholars of liberty in the twentieth century. The entire series will include: Volume 1: The Logical Foundations of Constitutional Liberty Volume 2: Public Principles of Public Debt Volume 3: The Calculus of Consent Volume 4: Public Finance in Democratic Process Volume 5: The Demand and Supply of Public Goods Volume 6: Cost and Choice Volume 7: The Limits of Liberty Volume 8: Democracy in Deficit Volume 9: The Power to Tax Volume 10: The Reason of Rules Volume 11: Politics by Principle, Not Interest Volume 12: Economic Inquiry and Its Logic Volume 13: Politics as Public Choice Volume 14: Debt and Taxes Volume 15: Externalities and Public Expenditure Theory Volume 16: Choice, Contract, and Constitutions Volume 17: Moral Science and Moral Order Volume 18: Federalism, Liberty, and the Law Volume 19: Ideas, Persons, and Events Volume 20: Indexes

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