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Description
Written in nontechnical terms, Big Business and the Wealth of Nations explains how the dynamics of big business have influenced national and international economies in the twentieth century. A path-breaking study, it provides the first systematic treatment of big business in advanced, emerging, and centrally planned economies from the late nineteenth century, when big businesses first appeared in American and West European manufacturing, to the present....
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"We take for granted today that the assessments, measurements, and forecasts of economists are crucial to the decision-making of governments and businesses alike. But less than a century ago that wasn't the case - economists simply didn't have the necessary information or statistical tools to understand the ever more complicated modern economy. With Political Arithmetic, Nobel Prize-winning economist Robert Fogel and his collaborators tell the story...
Description
Indicators used to direct ecomonic policy (GDP, national income, etc.) are based on a number of factors ß but nowhere in their calculation is there an acknowledgement of the degradation of natural resources. The numbers may look good, but continued deterioration of the environment is leading us closer to crises; meanwhile, policymakers and the public are basing decisions on dangerously incomplete information. In Taking Nature into Account, a number...
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These essays examine the problems of defining, measuring and understanding the implications of "underground economies" that are surmised to have emerged in many of the world's developed nations. The conceptual problem of how to measure unreported income is examined and alternatives suggested.
Author
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Everybody talks about the economy; everybody has complaints or recommendations. Few know what they're talking about. So asserts Robert Eisner - one of our nation's most distinguished economists - in this authoritative analysis of the real and imagined ills of the U.S. economy.
In clear, accessible language, The Misunderstood Economy confronts an array of myths surrounding economic issues. Eisner begins by challenging many of the standards traditionally...
Description
According to neoclassical theory, efficient interaction between the profit-maximizing "ideal producer" and the utility-maximizing "ideal consumer" will eventually lead to some sort of social optimum. But is that social optimum the same as human well-being? Human Well-Being and Economic Goals addresses that topic. It brings together more than 75 concise summaries of the most significant writings that consider issues of present and future individual...
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