The Varieties of Economic Rationality

Author: Michel Zouboulakis
Publisher: Routledge
ISBN: 9781317817482
Release Date: 2014-01-21
Genre: Business & Economics

The concept of economic rationality is important for the historical evolution of Economics as a scientific discipline. The common idea about this concept -even between economists- is that it has a unique meaning which is universally accepted. This new volume argues that "economic rationality" is not not a universal concept with one single meaning, and that it in fact has different, if not conflicting, interpretations in the evolution of discourse on economics. In order to achieve this, the book traces the historical evolution of the concept of economic rationality from Adam Smith to the present, taking in thinkers from Mill to Friedman, and encompassing approaches from neoclassical to behavioural economics. The book charts this history in order to reveal important instances of conceptual transformation of the meaning of economic rationality. In doing so, it presents a uniquely detailed study of the historical change of the many faces of the homo oeconomicus .

Democracy and an Open Economy World Order

Author: George C. Bitros
Publisher: Springer
ISBN: 9783319521688
Release Date: 2017-04-12
Genre: Political Science

The essays in this volume explore several key issues facing democracies today. They discuss the dilemma of how to protect civil liberties and individual freedoms in the light of external threats and assess the policies adopted by governments in this area. The book also addresses the question of how free, exactly, free markets should be in an economy in order to secure social peace, before going on to highlight the rudiments of the model of social market economy, as applied in Germany. It examines the problem of the democratic and legitimacy deficits that beset European integration and suggests reforms for a more democratic European Union. Last but not least, by looking back in history, they provide evidence and propose policies for the revitalization of institutions in present-day democracies. The book is of considerable interest to researchers and students in economics and political science, as well as to readers who wish to gain insights into the thorny social issues involved.

The German Historical School and European Economic Thought

Author: José Luís Cardoso
Publisher: Routledge
ISBN: 9781317378808
Release Date: 2015-10-30
Genre: Business & Economics

The financial crisis of 2008 has revived interest in economic scholarship from a historical perspective. The most in depth studies of the relationship between economics and history can be found in the work of the so-called German Historical School (GHS). The influence of the GHS in the USA and Britain has been well documented, but far less has been written on the rest of Europe. This volume studies the interconnection between economic thought and economic policy from the mid-nineteenth century to the interwar period. It examines how the School’s ideas spread and was interpreted in different European countries between 1850 and 1930, analysing its legacies in these countries. In doing so, the book is able to trace the interconnection between economic thought and economic policy, adding new voices to the debate on the diffusion of ideas and flow of knowledge. This book identifies issues related to topics such as nationalism and cosmopolitanism in the history of ideas and clarifies themes in policy making that are still currently debated. These include monetary policy and benefits of free trade for all parties involved in international exchanges. This book will be of a great interest to those who study history of economic thought, economic theory and political economy.

Essays in Contemporary Economics

Author: George C. Bitros
Publisher: Springer
ISBN: 9783319100432
Release Date: 2014-11-27
Genre: Business & Economics

This book is a collection of original essays grouped into four parts under the headings “Greece and European integration,” “Issues in the Methodology of Economics,” “Institutions and the Free Market Economy,” and “Insights for Today from Ancient Greece.” The essays appeal to both researchers in the corresponding fields of knowledge and also to policy makers who are looking for ideas and approaches to confront present day challenges. In particular, given the present state of turmoil in the European Union, the international economy, and democracies in general, most of the essays offer new insights for economic and social policies.

Neoliberale Staatsverst ndnisse im Vergleich

Author: Stefan Kolev
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 9783110487275
Release Date: 2017-08-07
Genre: Business & Economics

Der Neoliberalismus ist in aller Munde. Gerne wird ihm alles Krisenhafte in der globalen Ökonomie angelastet, jüngst auch die neue Instabilität der westlichen Demokratien. Zu Recht? Im Mittelpunkt der Studie stehen vier neoliberale Ökonomen der ersten Stunde: Walter Eucken, Friedrich August von Hayek, Ludwig von Mises und Wilhelm Röpke. Ihre Ordnungsentwürfe von Wirtschaft und Gesellschaft enthalten unterschiedliche Rollen für den Staat. Diese Staatsverständnisse werden in drei Vergleichen zueinander in Beziehung gesetzt und um ihr jeweiliges Gravitationszentrum strukturiert. Jeder Vergleich besteht aus zwei Ebenen: Zunächst werden abstrakte Leitbilder für die Rolle des Staates herausgearbeitet, anschließend werden diese mit vier Feldern der konkreten Wirtschaftspolitik verknüpft. Dieser Zugang soll die vier Neoliberalen entmystifizieren und es den gegenwärtigen Krisendiskursen ermöglichen, von ihren Ideen zu profitieren. Das Buch richtet sich an Dozenten und Studierende der Volkswirtschaftslehre, der Politikwissenschaft, der politischen Philosophie und der Wirtschaftssoziologie sowie an jeden Bürger, der inmitten der neuen Fragilität des Westens nach polit-ökonomischen Denkimpulsen sucht.

Adam Smith als Moralphilosoph

Author: Christel Fricke
Publisher: Walter de Gruyter
ISBN: 9783110193718
Release Date: 2005-01-01
Genre: Philosophy

Adam Smith’s Theory of Moral Sentiments (1759) has been attracting increasing attention for several years now. Working from the moral philosophy of Adam Smith, who is known principally as a political economist, it is possible to develop a many-facetted contribution to present-day debates (liberalism, business ethics). This volume, with papers by renowned moral philosophers and Adam Smith scholars, documents the various perspectives from which Adam Smith’s moral philosophy is of particular interest today.

Gewalt und Gesellschaftsordnungen

Author: Douglass Cecil North
Publisher: Mohr Siebeck
ISBN: 3161505905
Release Date: 2011
Genre: Political Science

English summary: This book integrates the problem of violence in societies in a larger historical and social science context, showing how economic and political behaviour are closely linked. Most societies limit violence by political manipulation of the economy to create privileged interests. Privileges limit the use of violence by powerful individuals, but hinder both economic and political development of such natural states . In contrast, modern societies are characterized by open access to economic and political organizations, thereby fostering political and economic competition (democracy and markets) and general development. Douglass C. North, John Joseph Wallis, and Barry R. Weingast provide a framework for understanding the two types of orders and show in which ways a number of countries have achieved the transition between them. German description: Alle Gesellschaften mussen sich mit der Moglichkeit wie der Realitat von Gewalt auseinandersetzen; sie tun das auf unterschiedliche Art. Douglass C. North, John Joseph Wallis und Barry R. Weingast stellen das Problem der Gewalt in einen grosseren sozialwissenschaftlichen und historischen Zusammenhang und zeigen, wie eng wirtschaftliches und politisches Verhalten verbunden sind. Die meisten aus der Geschichte bekannten Gesellschaften, von den Autoren als naturliche Staaten bezeichnet, begrenzen Gewaltanwendung vorbeugend, indem sie durch politische Einflussnahme auf die Wirtschaftstatigkeit privilegierte Interessen schaffen. Diese Privilegien reduzieren den Einsatz von Gewalt von Seiten machtiger Einzelner; es wird auf diese Weise jedoch die wirtschaftliche ebenso wie die politische Entwicklung solcher Staaten behindert. Denn fur die grosse Mehrheit der Nicht-Privilegierten ist der Zugang zu Politik und Wirtschaft dadurch beschrankt.Im Unterschied hierzu schaffen moderne Gesellschaften Zugangsfreiheit zu wirtschaftlichen und politischen Organisationen (Unternehmen, Markten, Parlamenten, hoheitlichen Einrichtungen) und fordern damit den politischen wie den wirtschaftlichen Wettbewerb und somit die gesellschaftliche Entwicklung. Das Buch bietet ein gedankliches Gerust zum Verstandnis der zwei Typen von Gesellschaftsordnungen, die es an historischen Beispielen von der romischen Antike bis ins 19. Jahrhundert veranschaulicht. Anhand dieses Konzepts wird erklart, wieso Gesellschaften mit Zugangsfreiheit sowohl politisch wie wirtschaftlich hoher entwickelt sind und auf welche Weise seit dem 19. Jahrhundert rund 25 Lander den Ubergang vom einen Typus zum anderen geschafft haben.

Struktur Evolution

Author: Hermann Schnabl
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 9783486787849
Release Date: 2014-10-15
Genre: Business & Economics

Das Werk bietet dreierlei: 1. Einführung in die Methoden der Strukturanalyse; 2. Überblick über einen wichtigen Bereich der modernen Innovationsökonomik; 3. Darstellung der evolutorischen Konzepte zur Erklärung der wirtschaftlichen Realität.