The Economics of the Good, the Bad and the Ugly Secrets, Desires, and Second-Mover Advantages
Public Economics in an Age of Austerity
Exchange Rates and International Finance Markets An Asset-Theoretic Perspective with Schumpeterian Perspective
Evolutionary Economics and Creative Destruction
July 01, 2020
In the aftermath of the Napoleonic Wars Britain found itself faced with a stagnant economy. Economist David Ricardo believed that the full re-integration of Britain into the world market would allow for both capital accumulation and population growth, and used arguments that anticipate ideas ...
Manfred J. Holler
August 02, 2018
The highly praised Western, The Good, the Bad, and the Ugly, has been used in many game-theory courses over the years and has also found its way into leading journals of this field. Using the rich material offered by this movie, alongside other elements from popular culture, literature and history,...
June 28, 2018
Governments all round the world are facing problems with their public finances. At a time of austerity, how much should spending be cut and how much should taxes be raised? Does the national debt represent a burden for future generations? Should taxes on the rich be raised? This book examines how ...
September 12, 2014
Idea for those studying advanced macroeconomic and written by a widely published author, this book outlines a new and more fruitful way of understanding, analyzing and formally modelling economic growth. In his series of lectures, collected here in one concise and engaging book, Amit Bhaduri draws ...
Richard N. Langlois
June 23, 2014
Co-winner of the 2006 Schumpeter Prize of the International Joseph A. Schumpeter Society. This book explains the shift of the organizational landscape away from vertically integrated firms and towards more specialized entities connected by markets and networks. In doing so, it places in a larger ...
October 22, 2012
The Graz-Schumpeter annual lectures have grown in reputation over the years with impressive figures from academia such as Ian Steedman, J. Stanley Metcalfe and Duncan K. Foley contributing their own impressive series of lectures. The books produced as a result of these lectures are no less ...
January 16, 2011
The economic crisis is also a crisis for economic theory. Most analyses of the evolution of the crisis invoke three themes, contagion, networks and trust, yet none of these play a major role in standard macroeconomic models. What is needed is a theory in which these aspects are central. The direct ...
Duncan K. Foley
December 01, 2009
Many of the central results of Classical and Marxian political economy are examples of the self-organization of the capitalist economy as a complex, adaptive system far from equilibrium.An Unholy Trinity explores the relations between contemporary complex systems theory and classical political ...
May 23, 2002
Winner of the Schumpeter Prize, 2000 and Winner of the Smith Prize in Austrian Economics, 2000, this book explores how the limitations of human knowledge create both opportunities and problems in the modern economy. The growing field of evolutionary economics has developed as a result of the ...
March 14, 2002
This book poses the important question of whether exchange rates are ultimately tied down by economic fundamentals. In a unique approach the subject is analysed from an asset holder's perspective and Streissler takes the reader through an authoritative and wide-ranging study including:*Friedman's ...
J. Stanley Metcalfe
January 01, 1998
The central theme of this book is competition treated as an evolutionary process in which the focus is upon economic change and not economic equilibrium. This theme is explored by linking together differences in economic behaviour with the role of markets as co-ordinating institutions. In this ...
March 29, 2001
Standard economic theory of consumer behaviour considers consumers' preferences, their incomes and commodity prices to be the determinants of consumption. However, consumption takes time and no consumer has more - or less - than 168 hours per week. This simple fact is almost invisible in standard ...