In this spirited and provocative book, Edward Leamer turns an examination of the Heckscher--Ohlin framework for global competition into an opportunity to consider the craft of economics: what economists do, what they should do, and what they shouldn't do. Claiming "a lifetime relationship with Heckscher--Ohlin," Leamer argues that Bertil Ohlin's original idea offered something useful though vag…
The essays collected here reflect the author's shift in interests from foreign exchange to international trade, economic growth, and economic history, especially financial history. OCLC-licensed vendor bibliographic record.
In this book, Peter Diamond analyzes social security as a particular example of optimal taxation theory. Assuming a world of incomplete markets and asymmetric information, he uses a variety of simple models to illuminate the economic forces that bear on specific social security policy issues. The focus is on the degree of progressivity desirable in social security and the design of incentives t…
The use of innovative computational models in political economic research as a complement to traditional analytical methodologies.Researchers are increasingly turning to computational methods to study the dynamic properties of political and economic systems. Politicians, citizens, interest groups, and organizations interact in dynamic, complex environments, and the static models that are predom…
Originally published as "L'?economie ?a la mesure de l'univers," "La Limite de l'utile," "Notes pour L'?economie ?a la mesure de l'univers," and "Notes pour La Limite de l'utile" Editions Gallimard, Paris, 1976.""The first English translation of key texts by Georges Bataille pertaining to The Accursed Share that also map out his transition from "dissident surrealist" to systematic thinker"--OCL…
A somewhat expanded version of the Oklin Memorial Lectures ... delivered at the Stockholm School of economics in the autumn of 1995"--Preface.OCLC-licensed vendor bibliographic record.
"In December 2009, the economist Kaushik Basu left the rarefied world of academic research for the nuts and bolts of policymaking. Appointed by the then Prime Minister of India, Manmohan Singh, to be chief economic adviser (CEA) to the Government of India, Basu -- a theorist, with special interest in development economics, and a professor of economics at Cornell University -- discovered the com…
Since 2008, economic policymakers and researchers have occupied a brave new economic world. Previous consensuses have been upended, former assumptions have been cast into doubt, and new approaches have yet to stand the test of time. Policymakers have been forced to improvise and researchers to rethink basic theory. George Akerlof, Nobel Laureate and one of this volume's editors, compares the cr…
Even minute increases in a country's growth rate can result in dramatic changes in living standards over just one generation. The benefits of growth, however, may not be shared equally. Some may gain less than others, and a fraction of the population may actually be disadvantaged. Recent economic research has found both positive and negative relationships between growth and inequality across na…
Essays that offer ecological, social, and political perspectives on the problem of overconsumption.OCLC-licensed vendor bibliographic record.