The Varieties of Economic Rationality

From Adam Smith to Contemporary Behavioural and Evolutionary Economics

Author: Michel Zouboulakis

Publisher: Routledge

ISBN: 1317817486

Category: Business & Economics

Page: 172

View: 8828

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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 .
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Essays in Contemporary Economics

A Festschrift in Memory of A. D. Karayiannis

Author: George C. Bitros,Nicholas C. Kyriazis

Publisher: Springer

ISBN: 3319100432

Category: Business & Economics

Page: 231

View: 6153

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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.
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Democracy and an Open-Economy World Order

Author: George C. Bitros,Nicholas C. Kyriazis

Publisher: Springer

ISBN: 3319521683

Category: Political Science

Page: 284

View: 7135

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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.
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Institutionalist Perspectives on Development

A Multidisciplinary Approach

Author: Spyros Vliamos,Michel S. Zouboulakis

Publisher: Springer

ISBN: 3319984942

Category: Business & Economics

Page: 271

View: 4778

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This book depicts the role of both formal and informal institutions in achieving long-term economic efficiency and development. It is organized into three sections: the first section deals with the historical and political roots that make institutions favorable to development; the second section offers theoretical perceptions of immaterial institutions; the last section explores how the various official institutions – such as international organizations – interrelate with the process of development. As both the recent global financial crisis and the subsequent sovereign debt crisis within the Eurozone have shown, sustainable development is a combination of human, social and institutional factors that interact with each other and go beyond the strictly economic conditions of each country. With contributions from several countries in Europe as well as Iran, this volume offers readers an international and multidisciplinary perspective of the institutionalist determinants of growth in the long run.
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The German Historical School and European Economic Thought

Author: José Luís Cardoso,Michalis Psalidopoulos

Publisher: Routledge

ISBN: 1317378806

Category: Business & Economics

Page: 242

View: 8450

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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.
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Economics and Capitalism in the Ottoman Empire

Author: Deniz T. Kilinçoğlu

Publisher: Routledge

ISBN: 1317524950

Category: Business & Economics

Page: 224

View: 7921

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Is it possible to generate "capitalist spirit" in a society, where cultural, economic and political conditions did not unfold into an industrial revolution, and consequently into an advanced industrial-capitalist formation? This is exactly what some prominent public intellectuals in the late Ottoman Empire tried to achieve as a developmental strategy; long before Max Weber defined the notion of capitalist spirit as the main motive behind the development of capitalism. This book demonstrates how and why Ottoman reformists adapted (English and French) economic theory to the Ottoman institutional setting and popularized it to cultivate bourgeois values in the public sphere as a developmental strategy. It also reveals the imminent results of these efforts by presenting examples of how bourgeois values permeated into all spheres of socio-cultural life, from family life to literature, in the late Ottoman Empire. The text examines how the interplay between Western European economic theories and the traditional Muslim economic cultural setting paved the way for a new synthesis of a Muslim-capitalist value system; shedding light on the emergence of capitalism—as a cultural and an economic system—and the social transformation it created in a non-Western, and more specifically, in the Muslim Middle Eastern institutional setting. This book will be of great interest to scholars of modern Middle Eastern history, economic history, and the history of economic thought.
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Books in Print

Author: N.A

Publisher: N.A

ISBN: N.A

Category: American literature

Page: N.A

View: 5039

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Books in print is the major source of information on books currently published and in print in the United States. The database provides the record of forthcoming books, books in-print, and books out-of-print.
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