Cantitate/Preț
Produs

Foundations of Real-World Economics

Autor Germany) Komlos, John (University of Munich
en Limba Engleză Hardback – 21 ian 2019

The 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization.

This textbook demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in the mainstream models. Bringing together the work of key scholars, such as Kahneman, Minsky, and Schumpeter, this book demonstrates how we should take into account the inefficiencies that arise due to asymmetric information, mental biases, unequal distribution of wealth and power, and the manipulation of demand. This textbook offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists.

A must-have for students studying the principles of economics as well as micro- and macroeconomics, this textbook redresses the existing imbalance in economic teaching. Instead of clinging to an ideology that only enriched the 1%, Komlos sketches the outline of a capitalism with a human face, an economy in which people live contented lives with dignity instead of focusing on GNP.

Citește tot Restrânge

Preț: 97241 lei

Preț vechi: 99243 lei
-9%

Puncte Express: 1459

Preț estimativ în valută:
18630 20180$ 15976£

Carte indisponibilă temporar

Doresc să fiu notificat când acest titlu va fi disponibil:

Preluare comenzi: 021 569.72.76

Specificații

ISBN-13: 9781138296527
ISBN-10: 113829652X
Pagini: 292
Ilustrații: 73 Line drawings, black and white; 14 Halftones, black and white; 14 Tables, black and white; 87 Illustrations, black and white
Dimensiuni: 253 x 182 x 20 mm
Greutate: 0 kg
Ediția:2 New edition
Editura: Taylor & Francis Ltd.