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Rediscovering Social Economics

E-BookPDF1 - PDF WatermarkE-Book
191 Seiten
Englisch
Springer International Publishingerschienen am23.02.20171st ed. 2017
This book argues that economists need to reengage with societal issues, such as justice and fairness in distribution, that inevitably arise when discussing the basic economic problem of unlimited human wants and finite resources. Approaching the problem through a history of economic thought, Johnson reexamines Adam Smith's contributions to show how they reach beyond neoclassical models that are too simplistic to reflect the growing interdependencies of market economies. He breaks down supposedly value-free neoclassical postulates to expose normative assumptions about economics and justice, demonstrating, for example, that the concept of market equilibrium is problematic because need-based behavior can produce involuntary unemployment even when a competitive labor market achieves equilibrium.




Roger D. Johnson is a retired Professor of Economics from Messiah College, USA. He earned the Helen Potter Award from the Association for Social Economics for best article appearing in the Review of Social Economics in 1990.mehr
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BuchGebunden
EUR117,69
E-BookPDF1 - PDF WatermarkE-Book
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Produkt

KlappentextThis book argues that economists need to reengage with societal issues, such as justice and fairness in distribution, that inevitably arise when discussing the basic economic problem of unlimited human wants and finite resources. Approaching the problem through a history of economic thought, Johnson reexamines Adam Smith's contributions to show how they reach beyond neoclassical models that are too simplistic to reflect the growing interdependencies of market economies. He breaks down supposedly value-free neoclassical postulates to expose normative assumptions about economics and justice, demonstrating, for example, that the concept of market equilibrium is problematic because need-based behavior can produce involuntary unemployment even when a competitive labor market achieves equilibrium.




Roger D. Johnson is a retired Professor of Economics from Messiah College, USA. He earned the Helen Potter Award from the Association for Social Economics for best article appearing in the Review of Social Economics in 1990.
Details
Weitere ISBN/GTIN9783319512655
ProduktartE-Book
EinbandartE-Book
FormatPDF
Format Hinweis1 - PDF Watermark
FormatE107
Erscheinungsjahr2017
Erscheinungsdatum23.02.2017
Auflage1st ed. 2017
ReihePerspectives from Social Economics
Seiten191 Seiten
SpracheEnglisch
IllustrationenXV, 191 p. 32 illus., 25 illus. in color.
Artikel-Nr.2250253
Rubriken
Genre9200

Inhalt/Kritik

Inhaltsverzeichnis
1;Preface;7
2;Contents;10
3;List of Figures;12
4;List of Tables;14
5;Part I: Humans, Society and Markets;15
5.1;Chapter 1: The Foundations of Economics;16
5.1.1;Notes;27
5.2;2: The Political and Moral Dimensions of Economics;29
5.2.1;Notes;41
5.3;Chapter 3: The Moral and Social Problem of Scarcity;43
5.3.1;Robinson Crusoe as an Economic Allegory;45
5.3.2;Notes;52
5.4;4: Social Welfare, Markets and Efficiency;53
5.4.1;Notes;68
5.5;5: Understanding Human Choice;69
5.5.1;Marginal Utility Analysis;72
5.5.2;Notes;79
5.6;6: Challenges to Homo Economicus;80
5.6.1;Game Theory;81
5.6.2;The Behavioralists;85
5.6.3;Notes;96
5.7;7: Understanding Markets;98
5.7.1;Notes;111
6;Part II: Income Distribution: Labor and Financial Markets;113
6.1;8: The Supply of Labor;114
6.1.1;Shifting the Supply of Labor and Market Segmentation;121
6.1.1.1;Population;121
6.1.1.2;Human Capital;121
6.1.1.3;Wealth and Non-wage Income;122
6.1.1.4;Social Wealth;123
6.1.1.5;Preference for Market Goods;124
6.1.1.6;Non-market Efficiency;125
6.1.1.7;Risk;125
6.1.1.8;Labor Mobility;126
6.1.1.9;Employee Preferences;127
6.1.2;Notes;128
6.2;9: The Demand for Labor;130
6.2.1;Notes;139
6.3;10: Labor Market Equilibrium?;141
6.3.1;Notes;151
6.4;11: The Mondragón Alternative;153
6.4.1;Notes;159
6.5;12: Financial Markets and the Growth of Plutonomies;161
6.5.1;Notes;171
6.6;13: The Evolving Dialogue;173
6.6.1;Notes;181
7;Bibliography;182
8;Index;190mehr

Autor

Roger D. Johnson is a retired Professor of Economics from Messiah College, USA. He earned the Helen Potter Award from the Association for Social Economics for best article appearing in the Review of Social Economics in 1990.
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Johnson, Roger D.