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What determines the size and form of redistributive programs, the extent and type of public goods provision, the burden of taxation across alternative tax bases, the size of government deficits, and the stance of monetary policy during the course of business and electoral cycles? A large and rapidly growing literature in political economics attempts to answer these questions. But so far there is little consensus on the answers and disagreement on the appropriate mode of analysis.
Combining the best of three separate traditions--the theory of macroeconomic policy, public choice, and rational choice in political science--Torsten Persson and Guido Tabellini suggest a unified approach to the field. As in modern macroeconomics, individual citizens behave rationally, their preferences over economic outcomes inducing preferences over policy. As in public choice, the delegation of policy
What determines the size and form of redistributive programs, the extent and type of public goods provision, the burden of taxation across alternative tax bases, the size of government deficits, and the stance of monetary policy during the course of business and electoral cycles? A large and
A lively analysis of how mistakes in economic policy-making are increasingly made for political reasons and typically in the run up to a crisis when the constraints on the economy are
The Economics of Online Gaming covers basic economic concepts, unique economic issues, and general economic themes. This book is made from the connections that the author saw when he compared his experience inside a video game with what he learned through a formal study of economic theory. Set in
Certain key economic decisions taken by organizations and indeed countries are often not made by economists but by businessmen, trade unionists, politicians and policy-makers. Those who employ people, those who represent workers, those who make laws and those who elect them need economics but may
An analysis of how nineteenth-century women regional writers represent political economic thought WINNER OF THE ELIZABETH AGEE PRIZE IN AMERICAN LITERATURE Readers of late nineteenth-century female American authors are familiar with plots, characters, and households that make a virtue of
The economic and political aspects of energy subsidies, viewed both theoretically and empirically, with a focus on fossil fuel subsidies in developing nations.Government subsidies to energy are widespread and represent a heavy burden on public budgets in many countries. Both producers and consumers
By both its supporters and detractors, neoliberalism is usually considered an economic policy agenda. Neoliberalism's Demons argues that it is much more than that: a complete worldview, neoliberalism presents the competitive marketplace as the model for true human flourishing. And it has enjoyed
Climate Crisis Economics draws on economics, political economy, scientific literature, and data to gauge the extent to which our various communities - political, economic, business - are making the essential leap to a new narrative and policy approach that will accelerate us towards the necessary
Art and Value is the first comprehensive analysis of art's political economy throughout classical, neoclassical and Marxist
A rigorous but practical introduction to the economic, financial, and political principles underlying commodity markets.Commodities have become one of the fastest growing asset classes of the last decade and the object of increasing attention from investors, scholars, and policy makers. Yet
COVID-19 has exposed defects in our current political-economic order: extreme wealth inequality, an ideology-driven government, a greedy corporate sector, a precarious labour force and a looming climate catastrophe. This accessible book offers a unique blend of moral imagination and
Understanding economics just got easierThe defining economic event of recent times - the global financial crisis of 2008 - was good for economists. That might sound crass but the truth is it stimulated interest in the subject by showing how important economic concerns are to our lives. Get the
Focuses on seven core principles of economics, which help students to make the link between economic theory and practice. This book includes exercises, problems and examples, that help students to employ economics principles to understand and explain the world around
This book introduces Thomas Aquinas's moral, economic, and political thought, differentiating between philosophy (justice) and theology (charity) within each of the three branches of Aquinas's theory of human living. It shows how Aquinas's thought offers an integrated vision for Christian
Andrew Gillespie's Foundations of Economics is the perfect introduction to all of the key economic principles students need to know. A combination of crystal clear explanation and unrivalled learning support makes this the most user-friendly textbook available, coaching students in their journey
Modern Urban and Regional Economics, Second Edition, explains the spatial economic foundations of the behavior of urban and regional economies, highlighting the differences between the two types of economy. By employing an explicitly spatial approach, author Philip McCann is able to discuss both
Environmental Economics explores the ways in which economic theory and its applications, as practised and taught today, must be modified to explicitly accommodate the goal of sustainability and the vital role played by environmental capital.Pivoting around the first and second laws of
Andrew Gillespie's Economics for Business is the perfect introduction to all of the key economic concepts business students need to know. Crystal clear explanation and a dynamic writing style are complemented by unrivalled learning support to motivate students to get to grips with the fundamentals
Principles in Health Economics and Policy, second edition, is a concise introduction to health economics and its application to health policy. It introduces the subject of economics, explains the fundamental failures in the market for healthcare, and discusses the concepts of equity and fairness
The story of economics from Adam Smith to Paul Samuelson In clear, nontechnical language, this introductory textbook describes the history of economic thought, focusing on the development of economic theory from Adam Smith's Wealth of Nations to the late twentieth century. The text concentrates on
A textbook that examines how societies reach decisions about the use and allocation of economic resourcesWhile economic research emphasizes the importance of governmental institutions for growth and progress, conventional public policy textbooks tend to focus on macroeconomic policies and on
A passionate and informed critique of mainstream economics from one of the leading economic thinkers of our time This insightful book looks at how mainstream economics' quest for scientific certainty has led to a narrowing of vision and a convergence on an orthodoxy that is unhealthy for the
By both its supporters and detractors, neoliberalism is usually considered an economic policy agenda. Neoliberalism's Demons argues that it is much more than that: a complete worldview, neoliberalism presents the competitive marketplace as the model for true human flourishing. And it has enjoyed