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Economic theory & philosophy

See below for a selection of the latest books from Economic theory & philosophy category. Presented with a red border are the Economic theory & philosophy books that have been lovingly read and reviewed by the experts at Lovereading. With expert reading recommendations made by people with a passion for books and some unique features Lovereading will help you find great Economic theory & philosophy books and those from many more genres to read that will keep you inspired and entertained. And it's all free!

The Art of Experimental Economics

The Art of Experimental Economics

Author: Gary Charness Format: Hardback Release Date: 16/08/2021

Applying experimental methods has become one of the most powerful and versatile ways to obtain economic insights, and experimental economics has especially supported the development of behavioral economics. The Art of Experimental Economics identifies and reviews 20 of the most important papers to have been published in experimental economics in order to highlight the power and methods of this area, and provides many examples of findings in behavioral economics that have extended knowledge in the economics discipline as a whole. Chosen through a combination of citations, recommendations by scholars in the field and voting by members of leading societies, the 20 papers under review - some by Nobel prize-winning economists - run the full gamut of experimental economics from theoretical expositions to applications demonstrating experimental economics in action. Also written by a leading experimental economist, each chapter provides a brief summary of the paper, makes the case for why that paper is one of the top 20 in the field, discusses the use made of the experimental method, and considers related work to provide context for each paper. These reviews quickly expose readers to the breadth of application possibilities and the methodological issues, leaving them with a firm understanding of the legacy of the papers' contributions. This text provides a survey of some of the very best research in experimental and behavioral economics and is a valuable resource for scholars and economics instructors, students seeking to develop capability in applying experimental methods, and economics researchers who wish to further explore the experimental approach.

The Art of Experimental Economics

The Art of Experimental Economics

Author: Gary Charness Format: Paperback / softback Release Date: 16/08/2021

Applying experimental methods has become one of the most powerful and versatile ways to obtain economic insights, and experimental economics has especially supported the development of behavioral economics. The Art of Experimental Economics identifies and reviews 20 of the most important papers to have been published in experimental economics in order to highlight the power and methods of this area, and provides many examples of findings in behavioral economics that have extended knowledge in the economics discipline as a whole. Chosen through a combination of citations, recommendations by scholars in the field and voting by members of leading societies, the 20 papers under review - some by Nobel prize-winning economists - run the full gamut of experimental economics from theoretical expositions to applications demonstrating experimental economics in action. Also written by a leading experimental economist, each chapter provides a brief summary of the paper, makes the case for why that paper is one of the top 20 in the field, discusses the use made of the experimental method, and considers related work to provide context for each paper. These reviews quickly expose readers to the breadth of application possibilities and the methodological issues, leaving them with a firm understanding of the legacy of the papers' contributions. This text provides a survey of some of the very best research in experimental and behavioral economics and is a valuable resource for scholars and economics instructors, students seeking to develop capability in applying experimental methods, and economics researchers who wish to further explore the experimental approach.

The Invisible Hand in Virtual Worlds

The Invisible Hand in Virtual Worlds

Author: Matthew (University of Manchester) McCaffrey Format: Hardback Release Date: 31/07/2021

Video games aren't merely casual entertainment: they are the heart of one of the fastest-growing media industries in the world, and a cultural phenomenon in their own right. Gaming has evolved from a niche pastime into a global business that rivals film and television, creating, in the process, new art forms and social arenas and have become the subject of endless public debate. This book shows that games also provide a unique space in which to study economic behavior. Games, more than any other form of media, demonstrate the power and creative potential of human choice - an idea that's also the foundation of economic thinking. Whether it's developing trade relations, or the use of money, or even complex legal institutions, virtual worlds provide a captivating and entertaining arena for studying economic behavior in its most dynamic forms. The overarching theme of the volume is the economic order that governs virtual worlds, and the many ways individuals work together, often without knowing it, to govern their social relations in digital space.

Clipped Coins, Abused Words, and Civil Government

Clipped Coins, Abused Words, and Civil Government

Author: George Caffentzis, Harry Cleaver Format: Paperback / softback Release Date: 15/07/2021

This book situates John Locke's philosophy of knowledge and his political theory within his engagement in British monetary debates of the 17th and 18th century. Anchored in extensive archival research, George Caffentzis offers the most expansive reading of Locke's economic thought to date, contextualizing it within the expansion of capitalist accumulation on a world scale and the universality of money as a medium of exchange. Updated with a new introduction by Paul Rekret, a new foreword by Harry Cleaver and new material by the author, Clipped Coins, Abused Words, and Civil Government continues to make a significant intervention in contemporary debates around the history of capitalism, colonialism and philosophy.

Civilizing Money

Civilizing Money

Author: George Caffentzis, Peter Linebaugh Format: Paperback / softback Release Date: 15/07/2021

Taking the Scottish Enlightenment philosopher David Hume as its subject, this book breaks new ground in focusing its lens on a little-studied aspect of Hume's thinking: his understanding of money. George Caffentzis makes both an intervention in the field of monetary philosophy and into Marxian conceptions of the relation between philosophy and capitalist development. He vividly charts the ways in which Hume's philosophy directly informed the project of 'civilizing' the people of the Scottish Highlands and pacifying the English proletariat in response to the revolts of both groups at the heart of the empire. Built on careful historical and philosophical detective work, Civilizing Money offers a stimulating and radical political reading of the ways in which Hume's fundamental philosophical claims performed concrete political functions.

Brownfields and Economic Development

Brownfields and Economic Development

Author: Joaquin Jay Gonzalez III Format: Paperback / softback Release Date: 30/06/2021

In urban planning, a brownfield is a former industrial or commercial site where environmental contamination hinders development. They exist in almost every community--there is probably one in your neighborhood--and state or federal resources can be used to facilitate assessment, cleanup and reuse. Drawing on a range of local and international experiences, this collection of essays focuses on cases where citizens, nonprofits, developers, cities, and state and federal agencies overcame challenges and mitigated risks to redevelop brownfields using leading-edge practices and simple innovations. The COVID-19 pandemic and mass civil unrest of 2020 underscores the importance of health and social justice considerations in future development initiatives.

Raising Keynes

Raising Keynes

Author: Stephen A. Marglin Format: Hardback Release Date: 25/06/2021

Back to the future: a heterodox economist rewrites Keynes's General Theory of Employment, Interest, and Money to serve as the basis for a macroeconomics for the twenty-first century. John Maynard Keynes's General Theory of Employment, Interest, and Money was the most influential economic idea of the twentieth century. But, argues Stephen Marglin, its radical implications were obscured by Keynes's lack of the mathematical tools necessary to argue convincingly that the problem was the market itself, as distinct from myriad sources of friction around its margins. Marglin fills in the theoretical gaps, revealing the deeper meaning of the General Theory. Drawing on eight decades of discussion and debate since the General Theory was published, as well as on his own research, Marglin substantiates Keynes's intuition that there is no mechanism within a capitalist economy that ensures full employment. Even if deregulating the economy could make it more like the textbook ideal of perfect competition, this would not address the problem that Keynes identified: the potential inadequacy of aggregate demand. Ordinary citizens have paid a steep price for the distortion of Keynes's message. Fiscal policy has been relegated to emergencies like the Great Recession. Monetary policy has focused unduly on inflation. In both cases the underlying rationale is the false premise that in the long run at least the economy is self-regulating so that fiscal policy is unnecessary and inflation beyond a modest 2 percent serves no useful purpose. Fleshing out Keynes's intuition that the problem is not the warts on the body of capitalism but capitalism itself, Raising Keynes provides the foundation for a twenty-first-century macroeconomics that can both respond to crises and guide long-run policy.

Monetary Policy, Islamic Finance, and Islamic Corporate Governance

Monetary Policy, Islamic Finance, and Islamic Corporate Governance

Author: Toseef Azid Format: Hardback Release Date: 16/06/2021

Toseef Azid, Murniati Mukhlisin, Nashr Akbar, and Muhammad Tahir bring together leading researchers to provide a state-of-the-art overview of the monetary policy, corporate governance, their legal and regulatory issues and procedures that structure Islamic banks (IBs) and other Islamic financial institutions (IFIs). Monetary policy and corporate governance are integral to macroeconomics and microeconomics while interest rates are a key part of monetary policy. Given negativity associated with interest rates, Islamic economists have sought alternative instruments. Focusing on the populous Muslim countries such as Pakistan, Malaysia, Turkey, Bangladesh and Indonesia this book explains how corporate and shari'ah governance structures work together under the umbrella of Islamic monetary policy, and in the process, provides guidelines that how such structures improve corporate social responsibility in order to serve the best interests of all stakeholders. The chapters included here cover various features of IBs and IFIs, corporate performance and strategic analysis of microfinance shari'ah based non-banking institutions, in order to investigate the role that these processes play in shaping broader global financial systems. For instance, it portrays different governance models of central bank of a country like Iran having a shari'ah based financial system. In conclusion, Monetary Policy, Islamic Finance, and Islamic Corporate Governance: An International overview explores the interrelationships between corporate governance from the perspective of shari'ah, banking industry and Islamic monetary policy. This is a must-read for the corporate sector, banking experts and monetary authorities including academics and postgraduate students.

History of Economic Thought

History of Economic Thought

Author: V V Reddy Format: Hardback Release Date: 11/06/2021

Can Capitalism Survive?

Can Capitalism Survive?

Author: Benjamin Rodge Format: Hardback Release Date: 11/06/2021

Market Theory & the Price System

Market Theory & the Price System

Author: Peter Boettke Format: Paperback / softback Release Date: 11/06/2021

Technological Retrogression

Technological Retrogression

Author: Sylvi B. Endresen, Erik Reinert Format: Hardback Release Date: 08/06/2021