[PDF] Economic Ideas In Political Time eBook

Author : Wesley W. Widmaier
Publisher : Cambridge University Press
Page : 275 pages
File Size : 29,95 MB
Release : 2016-07-14
Category : Political Science
ISBN : 1316790975

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Over the past century, the rise and fall of economic policy orders has been shaped by a paradox, as intellectual and institutional stability have repeatedly caused market instability and crisis. To highlight such dynamics, this volume offers a theory of economic ideas in political time. The author counters paradigmatic and institutionalist views of ideas as enabling self-reinforcing path dependencies, offering an alternative social psychological argument that ideas which initially reduce uncertainty can subsequently fuel misplaced certainty and crises. Historically, the book then traces the development and decline of the progressive, Keynesian, and neoliberal orders, arguing that each order's principled foundations were gradually displaced by macroeconomic models that obscured new causes of the Great Depression, Great Stagflation, and Global Financial Crisis. Finally, in policy terms, Widmaier stresses the costs of intellectual autonomy, as efforts to 'prevent the last crisis' have repeatedly obscured new causes of crises.

Author : Wesley Widmaier
Publisher :
Page : 261 pages
File Size : 45,71 MB
Release : 2016
Category : Economic development
ISBN : 9781316795293

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"Over the past century, the rise and fall of economic policy orders has been shaped by a paradox, as intellectual and institutional stability have repeatedly caused market instability and crisis. To highlight such dynamics, this volume offers a theory of economic ideas in political time. The author counters paradigmatic and institutionalist views of ideas as enabling self-reinforcing path dependencies, offering an alternative social psychological argument that ideas which initially reduce uncertainty can subsequently fuel misplaced certainty and crises. Historically, the book then traces the development and decline of the progressive, Keynesian, and neoliberal orders, arguing that each order's principled foundations were gradually displaced by macroeconomic models that obscured new causes of the Great Depression, Great Stagflation, and Global Financial Crisis. Finally, in policy terms, Widmaier stresses the costs of intellectual autonomy, as efforts to 'prevent the last crisis' have repeatedly obscured new causes of crises"--The publisher.

Author : Peter A. Hall
Publisher : Princeton University Press
Page : 417 pages
File Size : 25,41 MB
Release : 2020-11-10
Category : Business & Economics
ISBN : 0691221383

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John Maynard Keynes once observed that the "ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood." The contributors to this volume take that assertion seriously. In a full-scale study of the impact of Keynesian doctrines across nations, their essays trace the reception accorded Keynesian ideas, initially during the 1930s and then in the years after World War II, in a wide range of nations, including Britain, the United States, France, Germany, Italy, Japan, and Scandinavia. The contributors review the latest historical evidence to explain why some nations embraced Keynesian policies while others did not. At a time of growing interest in comparative public policy-making, they examine the central issue of how and why particular ideas acquire influence over policy and politics. Based on three years of collaborative research for the Social Science Research Council, the volume takes up central themes in contemporary economics, political science, and history. The contributors are Christopher S. Allen, Marcello de Cecco, Peter Alexis Gourevitch, Eleanor M. Hadley, Peter A. Hall, Albert O. Hirschman, Harold James, Bradford A. Lee, Jukka Pekkarinen, Pierre Rosanvallon, Walter S. Salant, Margaret Weir, and Donald Winch.

Author : Lawrence H. White
Publisher : Cambridge University Press
Page : 439 pages
File Size : 10,22 MB
Release : 2012-04-16
Category : Business & Economics
ISBN : 1107012422

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This book places economic debates in their historical context and outlines how economic ideas have influenced swings in policy.

Author : Jacob S. Hacker
Publisher : Cambridge University Press
Page : 487 pages
File Size : 13,49 MB
Release : 2021-11-11
Category : History
ISBN : 1316516369

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Drawing together leading scholars, the book provides a revealing new map of the US political economy in cross-national perspective.

Author : Vinay Bharat-Ram
Publisher : Oxford University Press
Page : 211 pages
File Size : 20,96 MB
Release : 2016-11-17
Category : Business & Economics
ISBN : 0199089795

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The history of economic thought can be traced to the Industrial Revolution and the 19th-century Great Divergence until which it remained an integral part of philosophy. This book deals with different thinkers and theories to explore ideas that later became the foundation of modern economics. Through the lives and social circumstances of eminent economists from Adam Smith through Marx, Keynes and many others to Amartya Sen and beyond, it establishes that each one was a keen observer of the social conditions of his time. The book adopts a unique approach of not only bringing together the thoughts of such thinkers but also highlighting how they were often vehemently different from one another. Through a narrative inspired by a kind of Socratic dialogue based on the author’s classroom interactions with his students, it discusses the evolution of economic ideas, ending with a look at modern economics in the context of the great recession.

Author : William K. Tabb
Publisher : Routledge
Page : 314 pages
File Size : 13,61 MB
Release : 2002-01-22
Category : Business & Economics
ISBN : 1134621639

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This volume offers an original perspective on the questions the great economists have asked and looks at their significance for todays world. Written in a provocative and accessible style, it examines how the diverse traditions of political economy have conceptualised economic issues, events and theory. Going beyond the orthodoxies of mainstream economics it shows the relevance of political economy to the debates on the economic meaning of our times. Reconstructing Political Economy is a timely and thought-provoking contribution to a political economy for our time. In this light it offers fresh insights into such issues as modern theories of growth, the historic relations between state and market and the significance of globalisation for modern societies.

Author : Emma Rothschild
Publisher : Harvard University Press
Page : 366 pages
File Size : 32,44 MB
Release : 2013-02-04
Category : Business & Economics
ISBN : 0674725611

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A benchmark in the history of economics and of political ideas, Rothschild shows us the origins of laissez-faire economic thought and its relation to political conseratism in an unquiet world.

Author : Alessandro Roncaglia
Publisher : Cambridge University Press
Page : 514 pages
File Size : 46,26 MB
Release : 2006-11-30
Category : Business & Economics
ISBN : 1139444484

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The Wealth of Ideas, first published in 2005, traces the history of economic thought, from its prehistory (the Bible, Classical antiquity) to the present day. In this eloquently written, scientifically rigorous and well documented book, chapters on William Petty, Adam Smith, David Ricardo, Karl Marx, William Stanley Jevons, Carl Menger, Léon Walras, Alfred Marshall, John Maynard Keynes, Joseph Schumpeter and Piero Sraffa alternate with chapters on other important figures and on debates of the period. Economic thought is seen as developing between two opposite poles: a subjective one, based on the ideas of scarcity and utility, and an objective one based on the notions of physical costs and surplus. Professor Roncaglia focuses on the different views of the economy and society and on their evolution over time and critically evaluates the foundations of the scarcity-utility approach in comparison with the Classical/Keynesian approach.