This book captures much of the spirit of Paul A. Samuelson. Those who know Samuelson, one of the great economists of the twentieth century, only through his writings may have already sensed his wit, his intellect, his brilliance. This book brings these into focus, through details of his personal history and a wealth of anecdotes from colleagues and students." - Joseph E. Stiglitz (Foreword) "Probably more than anyone else in the twentieth century, he transformed the way economists think and write." - Avinash Dixit "Samuelson set a standard in teaching and citizenship.that few if any will ever match." - Kenneth Rogoff "To know Paul Samuelson is to be engaged in a life-long intellectual conversation with the most important economist of our times." - Richard Zeckhauser About Paul Samuelson: Paul Anthony Samuelson is Institute Professor, Emeritus at Massachusetts Institute of Technology. Born in the American midwest in the first half of the twentieth century, he was a provocative student of Jacob Viner and was later wooed from Harvard to MIT. He developed original methodology and instigated controversies in his profession. Samuelson is the author of the best-selling economics textbook of all time, for which he never received an author's advance payment. He is legendary for his expansive, penetrating, undogmatic thinking and generosity of spirit-to students and colleagues alike. He has contributed to national economic policies and business trends and was the winner of the 1970 Nobel Prize in Economics. Paul Samuelson: On Being an Economist is a concise profile of this original thinker whose forceful, profound, skeptical and expansive intellect drove one of the fundamental transformations of twentieth-century economic theory. About the Authors: Michael Szenberg, Ph.D., Distinguished Professor of Economics and Chair, Finance and Economics Department, Lubin School of Business, Pace University, is editor-in-chief of The American Economist. His books include New Frontiers in Economics, coedited with Lall Ramrattan, with a Foreword by Paul A. Samuelson (Cambridge University Press, 2004). Aron A. Gottesman, Ph.D., Assistant Professor, Finance and Economics Department, Lubin School of Business, Pace University, is coauthor of Insurance Logic, Second Edition (Captus Press, 2005). Lall Ramrattan, Ph.D. teaches Economics at the University of California, Berkeley. His books include Reflections of Eminent Economists, coedited with Michael Szenberg (Elgar Publishing Co., 2004).
A rare reproduction of Nobel Prize Winner Paul Samuelson's original 1948 Classic economics textbook. For 50 years, Samuelson's Economics has been the standard-bearer for the field. Now in it's 16th edition, Samuelson is probably the most successful economics book ever published. The book has sold several million copies throughout the world, and has also been translated into more than 40 languages. The reproduction is far more than just a historical curiosity and an interesting object; it contains the original words of arguably the most influential and most widely read textbook economics author of the 20th century. This 1948 edition represents the orignal spark that ignited the Samuelson revolution--a movement which has endured for half a century, and influenced millions of young minds in hundreds of the world's best learning institution.
An introduction to modern economic principles, this edition features a new chapter on open economy economics. There is continued emphasis in this text on the analytical core of economics with particular attention paid to economic growth.
Explains how to identify and learn more about the best companies in which to invest, with an emphasis on the reading of financial statements and the basics of analysis.
Offers advice on selecting a stockbroker and explains various aspects of trading and investing, including margin accounts, investment clubs, and mutual funds.
This new volume explores two alternative economic theories - the classical theory and the marginalist or neoclassical theory- through a discussion between two eminent economists, Pierangelo Garegnani and Paul Samuelson. The key themes of the volume are the difference in approaches to the explanation of the distribution of income and relative prices, and therefore different approaches to all other economic problems, in particular capital accumulation and economic growth. The book discusses whether there is a 'classical' approach to the theory of value and distribution at the core of economic theory that is fundamentally different from the later marginalist or neoclassical theory. In the volume, the late Pierangelo Garegnani argues for the validity of Piero Sraffa's position on this issue, whilst the late noble laureate Paul Samuelson vehemently contests it. At a time of economic crisis, the future of the discipline is far from certain, and so it is extremely important to bring these debates back into the light, by reproducing them together for the first time. A comprehensive introduction by Heinz Kurz sets the debate in this context, and provides crucial background to the arguments.
This new volume explores two alternative economic theories – the classical theory and the marginalist or neoclassical theory- through a discussion between two eminent economists, Pierangelo Garegnani and Paul Samuelson. The key themes of the volume are the difference in approaches to the explanation of the distribution of income and relative prices, and therefore different approaches to all other economic problems, in particular capital accumulation and economic growth. The book discusses whether there is a ‘classical’ approach to the theory of value and distribution at the core of economic theory that is fundamentally different from the later marginalist or neoclassical theory. In the volume, the late Pierangelo Garegnani argues for the validity of Piero Sraffa’s position on this issue, whilst the late noble laureate Paul Samuelson vehemently contests it. At a time of economic crisis, the future of the discipline is far from certain, and so it is extremely important to bring these debates back into the light, by reproducing them together for the first time. A comprehensive introduction by Heinz Kurz sets the debate in this context, and provides crucial background to the arguments.
This is the first book to bring together the work of a modern motion picture film laboratory together with the specialist techniques for preservation and restoration of archival film.The books data has its origins in a training programme called FILM which was written by members of the Gamma Group with funding from the EU fund Force. The committee comprised senior film archivists and technicians in charge of film conservation departments or working film laboratories within national film archives, together with technicians from commercial laboratories which specialise in archival film conservation and who do not work for national and local archives. The final group consisted of many of the most experienced individuals in their fields.Restoration of Motion Picture Film is an extremely informative, well-researched book which is an unmissable addition to the bookshelves of conservators, archivists and curators worldwide. Film history and film conservation students will also find it of great interest and use.* Only book in English on this subject* Prepared by leading specialists in their field* Includes coverage of digital technology
Today's financial crisis has led to a widespread lack of confidence in the laissez faire style of economic policy. In The Keynes Solution author Paul Davidson provides insights into how we got into the crisis—but more importantly how to use Keynes economic philosophy to get out of this mess. John Maynard Keynes was committed to making the market economy work—but our current system has been a dismal failure. Keynes advocated for an interventionalist government role, in cooperation with private initiative, to mitigate the adverse effects of recessions, depressions and booms. His economic policy helped the world out of the great depression and was an important influencer in the thinking behind FDR's new deal policies. In this book Keynesian expert Davidson makes recommendations and details plans for spending, monetary policy, financial market rules and regulation, and wages—all to reverse the effects of our past policies. Keynes renewed influence can be seen everywhere: in Barack Obama's planned stimulus package, for example—and this book explains the basic tenant of Keynesian economics as well as applied solutions to today's critical situation.
How did economic ÒexpertsÓ worldwide fail to predict the financial crisis of 2007-2008? Eminent economist Paul Davidson discusses how mainstream economic theory may not be applicable to the world of experience. Post Keynesian theory is designed to be a
Cover -- Half Title -- Title Page -- Copyright Page -- Dedication -- Table of Contents -- Preface to the First Edition -- Preface to the Second Edition -- 1 In Pursuit of Civilization -- A natural rate of unemployment? -- Civilizing conservatism -- Economics and American government -- The importance of self-interest -- Conservative government -- Decline of institutions -- Civilized government and civic virtue -- The civic tradition of excellence and liberty -- 2 The Demise of Liberal Economics and the Emergence of Conservatism -- The paradox of Reaganomics
Neuroeconomics has emerged at the border of the social and natural sciences. This book argues that a meaningful interdisciplinary synthesis of the study of human and animal choice is not only desirable, but also well underway, and so it is time to develop formally a foundational approach for the field.
The purpose of this book is to examine how ideology operates--in the sense of influencing the conduct of inquiry--in the policy sciences, defined as economics, political science, and sociology. The author seeks to identify the main ideologies and show how each ideology produces a preference for certain problems, methods, and hypotheses; how it sensitizes scientists to certain phenomena and suggests certain interpretations of those phenomena; and how it closes off other phenomena and concepts from investigation and testing, or at least distorts that investigation. In this book, Diesing critically examines all the major schools of policy-related social thought from 1930 to 1975. He deals with Neoclassical Economics and its various applications, the Keynesians, the Systems Approach, the Schumpeter perspective, the Critical Intellectuals, the Pluralists, the J. K. Galbraith School, New Left Marxism, and the Ecological Paradigm of Schumacher and others. The world looks different if your perspective is that of a rational small businessman working in a society of hypothetical perfect competition, as opposed to that of a proletarian, looking up at your oppressors. Part One is descriptive and evaluative, considering each ideology in turn; Part Two considers the policy implications. "In 1982, Diesing published a remarkable book entitled Science and Ideology in the Policy Sciences. When I interviewed Diesing in Buffalo in the summer of 1984, he told me that to date, the publication had been reviewed in only two professional journals. I was astounded. Science & Ideology...was the best book I had read in a decade, and it related directly to all the policy sciences. The lack of professional response may partially reflect Diesing's disinterest in self-promotion, but beyond this is the 'community' problem. Scholars are recognized within disciplines, but there is only a tiny 'community of social science'. I consider this to be the most brilliant of Diesing's books. Like all of Diesing's works, it remains highly relevant today."--from the introduction by Richard Hartwig.
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