This biography of the most influential economist of the twentieth century traces Keynes' career from academic Cambridge, to artistic Bloomsbury, to official Whitehall and to the City. We see the roots of Keynes' achievements and failures.
Sixty years after his death, the life and thought of the economist, John Maynard Keynes, continues to be a subject of the greatest interest to scholars. Yet one of the most significant areas of Keynes' thinking has been strangely overlooked - international relations, a subject that was always of central importance to him. The purpose of this book is to explore comprehensively, for the first time, the evolution of Keynes' thinking on international relations , and to show how this is linked to the changing of his opinions on economic matters, in a way which deepens our understanding of both.
Compiled to meet the needs of students and professionals in economics, finance, accountancy and business, this wide-ranging, international Dictionary is for everyone who wants an up-to-date resource to the world of economics. Key Features over 4200 comprehensive A to Z entries, from after-hours to z-score, provide clear, definitive explanations of the key terms, issues, theories and concepts in economics today - as well as describing the contributions of key figures in the field each entry is headed by a short definition for quick reference, and where relevant, followed by an annotated bibliography to lead the reader to further sources cross-referenced for ease of access the full range of subjects is covered, from classical economics and the study of value and growth, to contemporary concerns such as European Union and Green conditionality detailed coverage of vital econometric terms and statistics including entries such as eigenprices and M0 includes specialised commercial and financial jargon illustrated with 94 line diagrams unique subject index for ease of access
Agricultural commodity markets in many developing countries are being reformed and are being based on market forces rather than regulated prices and official monopolies. This book discusses reforms in the markets for cocoa, coffee, cotton, grains, and sugar and looks at the reasons for success and failure.
The economists who began using statistics to analyze financial markets in the 1950s have been credited with revolutionizing the scholarship of investing and with inaugurating modern financial economics. By examining the work of economists who used statistics to analyze financial markets before 1950, Donald Stabile provides evidence about the forerunners of modern financial economics. In studying these predecessors, this innovative book reveals that, starting around 1900, there were economists in the United States who believed that changes in stock prices could be treated as a random variable to be analyzed with statistical methods, and who used early versions of the efficient markets theory to justify their belief. Although they did not call themselves Bayesians, the author explores how they adhered to a philosophy consistent with Bayesian statistics. A concluding epilogue considers the linkages between the forerunners of modern finance, its innovators and modern successors. An original work in the history of economic thought, Forerunners of Modern Financial Economics will be of great interest to both economists and historians interested in the development of statistical finance and economic thought, as well as to statisticians, financial analysts, and advanced undergraduate and graduate students studying financial economics.
I have three reasons for bringing out the ensuing collection of essays. First, since analysis without measurement (this is generally not the same thing as what is commonly referred to as "qualitative methods" or "qualitative research" in the social science literature) is a relatively new scholarly endeavor, I am striving to enhance its visibility by attracting a wider audience than what would normally be possible with single, narrowly-focused essays published in scat tered journals. Second, several of these essays may, in the minds of potential readers, appear to have been published in places that, if not obscure, are at least inconvenient to locate. Collecting them in a single anthology, then, will help to increase their accessibility. Third, I am trying to suggest, as strongly as I can, that analysis without measurement is a viable intellectual enterprise that ought to be taken seriously in social science. This last point will clearly be en hanced if the whole that follows turns out, as I hope and suspect it does, to be greater than the sum of its parts. All the same, each reader will have to judge for himself or herself the extent to which I have, through the present collection, successfully made the case for taking up analysis without measurement. The partitioning of these essays into two groups is somewhat, though by no means completely arbitrary.
Written and assembled by three leading critics and curators, Donald Albrecht, Ellen Lupton, and Steven Skov Holt, the book explores the design artifacts and practices that will define the twenty-first century."--BOOK JACKET.
Leon H. Keyserling: A Progressive Economist is the insightful biography of the life and thought of the influential liberal reformer Leon H. Keyserling. By examining Keyserling's life in the context of integrative liberalism, the biography aims to explore the origins of the concept of integrative liberalism and Keyserling's profound and provocative contribution to it. The book follows the political reformer's life from the beginning of his career as a member of Democratic Senator Robert Wagner's staff, at the same time showing how the Progressive Movement, before World War I, was the ideological and institutional origin for integrative liberalism. The Great Depression and subsequent New Deal, to which Keyserling was a significant contributor, allowed integrative liberalism to develop until the movement started losing vitality in the 1960's and came to an end during the Reagan Presidency. In the meantime, the book presents Keyserling as a major sculptor of Truman's economic policies, after which he left the government and began effectively debating public policy on his own. Tracing Keyserling's interactions with each presidency, the biography shows that Keyserling's policies and politics were expressive of integrated liberalism, an often-overlooked philosophy of reform in the second half of the twentieth century. The ideological cornerstone of integrative liberalism was a full employment public policy, expressed as economic growth and developed directly from United States history. The fear driving the policy was that there would be wide swings in the business cycle, resulting in underemployment and economic stagnation. This sentiment and fear has an impact even now in the twenty-first century, making Leon H. Keyserling a timely and profitable study for graduate and undergraduate students of history, economics, political science, and public administration.
This book provides a practitioner's foundation for the process of explanatory model building, breaking down that process into five stages. Donald W. Katzner presents a concrete example with unquantified variable values to show how the five-stage procedure works. He describes what is involved in explanatory model building for those interested in this practice, while simultaneously providing a guide for those actually engaged in it. The combination of Katzner's focus on modeling and on mathematics, along with his focus on the explanatory performance of modeling, promises to become an important contribution to the field.
Now in its third edition and supplemented with more online material, this book aims to make the "new" information-based (rather than gene-based) bioinformatics intelligible both to the "bio" people and the "info" people. Books on bioinformatics have traditionally served gene-hunters, and biologists who wish to construct family trees showing tidy lines of descent. While dealing extensively with the exciting topics of gene discovery and database-searching, such books have hardly considered genomes as information channels through which multiple forms and levels of information have passed through the generations. This “new bioinformatics” contrasts with the "old" gene-based bioinformatics that so preoccupies previous texts. Forms of information that we are familiar with (mental, textual) are related to forms with which we are less familiar (hereditary). The book extends a line of evolutionary thought that leads from the nineteenth century (Darwin, Butler, Romanes, Bateson), through the twentieth (Goldschmidt, White), and into the twenty first (the final works of the late Stephen Jay Gould). Long an area of controversy, diverging views may now be reconciled.
This is an important, rigorous, and thoroughly engaging text on the economic theory of market behavior. It is unique in the attention devoted to the philosophical underpinnings and the historical background of the Walrasian Theory. Professor Katzner challenges his readers to understand the strengths and the limitations of what has gone before, and he provides guidance as to how he would like to see price theory develop in the future. This is among those rare texts that is designed to inspire further research.' - Hugo Sonnenschein, University of Chicago, US
This biography of the most influential economist of the twentieth century traces Keynes' career from academic Cambridge, to artistic Bloomsbury, to official Whitehall and to the City. We see the roots of Keynes' achievements and failures.
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