[PDF] Labor As Money eBook

Author : John Maynard Keynes
Publisher : Springer
Page : 430 pages
File Size : 32,60 MB
Release : 2018-07-20
Category : Business & Economics
ISBN : 3319703447

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This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.

Author : L. Randall Wray
Publisher : Edward Elgar Publishing
Page : 216 pages
File Size : 33,45 MB
Release : 1998
Category : Business & Economics
ISBN :

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By showing that the basic assumptions if mainstream macroeconomics were and are flawed, the author aims to convince the reader that full employment and price stability are fully compatible goals in the modern world.

Author : Tsuyoshi Yuki
Publisher : Springer Nature
Page : 287 pages
File Size : 18,78 MB
Release : 2021-09-20
Category : Political Science
ISBN : 3030804089

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This book provides a comprehensive overview of historical and international debates on the theory of “labor money” or “labor notes.” These debates exist in a triangular context of market socialism, communism (community-based socialism), and local currency, joining numerous socialists, anarchists, and Marx and Engels. Labor note theory encompasses theoretical, ideological, and practical doctrines aimed at designing a fair and desirable labor-based market or non-market economy by reforming the monetary and credit system. This theory was considered an unfeasible utopian idea in the context of orthodox Marxism, which is typically based on a historical study of surplus value doctrines. However, this book eschews Marx’s critique of “labor money” that limits the debate regarding a concrete alternative society, and instead proposes practical and gradual approaches to social reform by scrutinizing the primary sources of labor money theories and practical experiences and reconstructs their theoretical relationships.

Author : Jenny Barbara White
Publisher : Psychology Press
Page : 175 pages
File Size : 50,52 MB
Release : 2004
Category : Home labor
ISBN : 0415326648

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Money Makes Us Relatives shows how women's work in Turkey is viewed as a poorly-paid extension of domestic family labor, opening up key debates about women's roles in late global capitalism.

Author : Sanford M. Jacoby
Publisher : Princeton University Press
Page : 368 pages
File Size : 18,33 MB
Release : 2021-06
Category : Business & Economics
ISBN : 0691217203

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From award-winning economic historian Sanford M. Jacoby, a fascinating and important study of the labor movement and shareholder capitalism Since the 1970s, American unions have shrunk dramatically, as has their economic clout. Labor in the Age of Finance traces the search for new sources of power, showing how unions turned financialization to their advantage. Sanford Jacoby catalogs the array of allies and finance-based tactics labor deployed to stanch membership losses in the private sector. By leveraging pension capital, unions restructured corporate governance around issues like executive pay and accountability. In Congress, they drew on their political influence to press for corporate reforms in the wake of business scandals and the financial crisis. The effort restrained imperial CEOs but could not bridge the divide between workers and owners. Wages lagged behind investor returns, feeding the inequality identified by Occupy Wall Street. And labor’s slide continued. A compelling blend of history, economics, and politics, Labor in the Age of Finance explores the paradox of capital bestowing power to labor in the tumultuous era of Enron, Lehman Brothers, and Dodd-Frank.

Author : John Otho Yeiser
Publisher : Rarebooksclub.com
Page : 36 pages
File Size : 26,32 MB
Release : 2013-09
Category :
ISBN : 9781230011691

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1894 edition. Excerpt: ...and the occasional large discoveries of gold beside the great quantity yet hidden in the earth and buried in the sea, is it possible for man to know what amount of labor or other single commodity gold will compare with? There, is, however, an exceptional value regulated by the supply and demand that must be mentioned. The government preferring this commodity as a legal tender, has created an unnecessary demand for it, which enhances its value. It is estimated that the gold coin of the world amounts to $4,000,000,000. Let us roughly calculate the result of demonetizing, and throwing gold upon the market, for use in the arts, which is already well supplied. That amount will plate more than 11,500,000 acres of surface. It would make sufiicient wire, more than ten times larger than the smallest that can be drawn, to reach from the earth to the sun over 62,000 times, or to wind around the earth more than 230,000,000 times.. It is claimed by many economists that we have discovered about all of the rich mines of the earth. On the other hand I recently read of a gentleman who claims to have discovered gold in the waters of Salt Lake, which he expected to be able.soon to extract at a large profit. It is claimed that there are mines in Arkansas containing billions of tons of refractory ore which the genius of man, in this enlightened age will soon be able to treat successfully. Nearly five hundred assayers have tested these ores and unanimously pronounced them rich with gold. Although the present known methods will not extract all gold, billions upon billions of dollars are in the earth yet to be produced. Jevon says: "But in itself gold-digging has ever seemed to me almost a dead loss of labor as regards the world in general.... If we take...

Author : Nicolas Petrosky-Nadeau
Publisher : MIT Press
Page : 271 pages
File Size : 16,46 MB
Release : 2017-11-10
Category : Business & Economics
ISBN : 0262036452

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An integrated framework to study the theoretical and quantitative properties of economies with frictions in labor, financial, and goods markets. This book offers an integrated framework to study the theoretical and quantitative properties of economies with frictions in multiple markets. Building on analyses of markets with frictions by 2010 Nobel laureates Peter A. Diamond, Dale T. Mortensen, and Christopher A. Pissarides, which provided a new theoretical approach to search markets, the book applies this new paradigm to labor, finance, and goods markets. It shows, in particular, how frictions in different markets interact with each other. The book first covers the main developments in the analysis of the labor market in the presence of frictions, offering a systematic analysis of the dynamics of this environment and explaining the notion of macroeconomic volatility. Then, building on the generality and simplicity of the search analysis, the book adapts it to other markets, developing the tools and concepts to analyze friction in these markets. The book goes beyond the traditional general equilibrium analysis of markets, which is often frictionless. It begins with the standard analysis of a single market, and then sequentially integrates more markets into the analysis, progressing from labor to financial to goods markets. Along the way, the book provides a number of useful results and insights, including the existence of a direct link between search frictions and the degree of volatility in the economy.