Up to 2 WeeksUsually despatched within 2 weeks
The goal of "Inclusive Economics" is to tie together various authoritative strands of contemporary economic theory into an easily comprehensible whole that illuminates the need for a broader approach to contemporary economic policymaking undistorted by obsolete 18th century rationalist assumptions about utility, ethics, worthiness and traditional culture. This is accomplished by elaborating the rationalist competitive ideal along the optimizing lines pioneered by Paul Samuelson (neoclassical economics); plumbing modifications necessitated by Herbert Simon's realist concepts of "bounded rationality" and "satisficing"; refined further by applying a pragmatist outlook to probe the consequences of relaxing Enlightenment teleological, ethical, spiritual and cultural taboos. The exercise will explain why competitive market economies guided by rational utility-seeking invariably are less productive, efficient, just and beneficent than most theorists concede, and will illuminate the full range of interventions needed to achieve better outcomes. We call this program in its entirety "Inclusive Economics", including the integration of micro and macroeconomics.
Introduction; Idealist Economics: Rational Utilitarianism; Competitive Ideal; Realist Economics: Bounded Rationality; Consumer Behavior; Production and Cost; Aggregation; Governance; Macroeconomics; Institutions; Economic Systems; Political Economy; Democracy; Inclusive Economics: Rational Management; Instinct; Psycho-economic Realism; Applications: Wellbeing; Merit; Policy.
Number Of Pages:
- ID: 9789814566643
- Saver Delivery: Yes
- 1st Class Delivery: Yes
- Courier Delivery: Yes
- Store Delivery: Yes
Prices are for internet purchases only. Prices and availability in WHSmith Stores may vary significantly
© Copyright 2013 - 2018 WHSmith and its suppliers.
WHSmith High Street Limited Greenbridge Road, Swindon, Wiltshire, United Kingdom, SN3 3LD, VAT GB238 5548 36