The Secret Sins of Economics

The Secret Sins of Economics
Title The Secret Sins of Economics PDF eBook
Author Deirdre N. McCloskey
Publisher
Pages 76
Release 2002
Genre Economics
ISBN

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Deidre N. McCloskey's work in economics calls into question its reputation as "the dismal science". She writes with passion and an unusually wide scope, drawing on literature and intellectual history in exciting, if unorthodox, ways. In this pamphlet, McCloskey reveals what she sees as the secret sins of economics that no one will discuss - two sins that "cripple" economics as a "scientific enterprise."

Secret Sins

Secret Sins
Title Secret Sins PDF eBook
Author David Russell Davies
Publisher University of Wales Press
Pages 341
Release 2012-11-15
Genre Social Science
ISBN 0708325572

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Sleepy rustic Carmarthenshire was secretly a hotbed of debauchery, violence and drunkenness according to Russell Davies in a new edition of his very successful book, ‘Secret Sins’. Behind the facade of idyllic rural life, there was a twilight world of mental illness, suicide, crime, vicious assaults, infanticide, cruelty and other assorted acts of depravity. This almost anecdotal historical study is often funny, sometimes disturbing, always revealing.

What Every Economics Student Needs to Know and Doesn't Get in the Usual Principles Text

What Every Economics Student Needs to Know and Doesn't Get in the Usual Principles Text
Title What Every Economics Student Needs to Know and Doesn't Get in the Usual Principles Text PDF eBook
Author John Komlos
Publisher Routledge
Pages 500
Release 2015-07-17
Genre Business & Economics
ISBN 1317452232

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This short book explores a core group of 40 topics that tend to go unexplored in an Introductory Economics course. Though not a replacement for an introductory text, the work is intended as a supplement to provoke further thought and discussion by juxtaposing blackboard models of the economy with empirical observations. Each chapter starts with a short "refresher" of standard neoclassical economic modelling before getting into real world economic life. Komlos shows how misleading it can be to mechanically apply the perfect competition model in an oligopolistic environment where only an insignificant share of economic activity takes place in perfectly competitive conditions. Most economics texts introduce the notion of oligopoly and differentiate it from the perfect competition model with its focus on "price takers." Komlos contends that oligopolies are "price makers" like monopolies and cause consumers and economies nearly as much harm. Likewise, most textbook authors eschew any distortions of market pricing by government, but there is usually little discussion of the real impact of minimum wages, which Komlos corrects. The book is an affordable supplement for all basic economics courses or for anyone who wants to review the basic ideas of economics with clear eyes.

Confessions of an Economic Hit Man

Confessions of an Economic Hit Man
Title Confessions of an Economic Hit Man PDF eBook
Author John Perkins
Publisher Berrett-Koehler Publishers
Pages 430
Release 2004-11-09
Genre Biography & Autobiography
ISBN 1576755126

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Perkins, a former chief economist at a Boston strategic-consulting firm, confesses he was an "economic hit man" for 10 years, helping U.S. intelligence agencies and multinationals cajole and blackmail foreign leaders into serving U.S. foreign policy and awarding lucrative contracts to American business.

Free Market Fairness

Free Market Fairness
Title Free Market Fairness PDF eBook
Author John Tomasi
Publisher Princeton University Press
Pages 380
Release 2013-05-05
Genre Business & Economics
ISBN 0691158142

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A provocative new vision of free market capitalism that achieves liberal ends by libertarian means Can libertarians care about social justice? In Free Market Fairness, John Tomasi argues that they can and should. Drawing simultaneously on moral insights from defenders of economic liberty such as F. A. Hayek and advocates of social justice such as John Rawls, Tomasi presents a new theory of liberal justice. This theory, free market fairness, is committed to both limited government and the material betterment of the poor. Unlike traditional libertarians, Tomasi argues that property rights are best defended not in terms of self-ownership or economic efficiency but as requirements of democratic legitimacy. At the same time, he encourages egalitarians concerned about social justice to listen more sympathetically to the claims ordinary citizens make about the importance of private economic liberty in their daily lives. In place of the familiar social democratic interpretations of social justice, Tomasi offers a "market democratic" conception of social justice: free market fairness. Tomasi argues that free market fairness, with its twin commitment to economic liberty and a fair distribution of goods and opportunities, is a morally superior account of liberal justice. Free market fairness is also a distinctively American ideal. It extends the notion, prominent in America's founding period, that protection of property and promotion of real opportunity are indivisible goals. Indeed, according to Tomasi, free market fairness is social justice, American style. Provocative and vigorously argued, Free Market Fairness offers a bold new way of thinking about politics, economics, and justice—one that will challenge readers on both the left and right.

Paul A. Samuelson

Paul A. Samuelson
Title Paul A. Samuelson PDF eBook
Author John Cunningham Wood
Publisher Taylor & Francis
Pages 464
Release 2005
Genre Biography & Autobiography
ISBN 9780415310635

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Samuelson is a key figure in economic thinking. This gathers the essential assessments of this important economist, and provides an unparalleled insight into his lasting impact on economics.

Economic Fables

Economic Fables
Title Economic Fables PDF eBook
Author Ariel Rubinstein
Publisher Open Book Publishers
Pages 266
Release 2012
Genre Biography & Autobiography
ISBN 1906924775

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"I had the good fortune to grow up in a wonderful area of Jerusalem, surrounded by a diverse range of people: Rabbi Meizel, the communist Sala Marcel, my widowed Aunt Hannah, and the intellectual Yaacovson. As far as I'm concerned, the opinion of such people is just as authoritative for making social and economic decisions as the opinion of an expert using a model." Part memoir, part crash-course in economic theory, this deeply engaging book by one of the world's foremost economists looks at economic ideas through a personal lens. Together with an introduction to some of the central concepts in modern economic thought, Ariel Rubinstein offers some powerful and entertaining reflections on his childhood, family and career. In doing so, he challenges many of the central tenets of game theory, and sheds light on the role economics can play in society at large. Economic Fables is as thought-provoking for seasoned economists as it is enlightening for newcomers to the field.