August 17, 2022
The Economics of Abundance Book

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The Economics of Abundance

By Wolfgang Hoeschele
  • ISBN Code: : 1317034651
  • Publisher : CRC Press
  • Pages : 258
  • Category : Business & Economics
  • Reads : 231
  • Book Compatibility : Pdf, ePub, Mobi, Kindle
  • Pdf : the-economics-of-abundance.pdf

Book Excerpt :

No matter how many resources we consume we never seem to have enough. The Economics of Abundance is a balanced book in which Wolfgang Hoeschele challenges why this is so. He claims that our current capitalist economy can exist only on the basis of manufactured scarcity created by 'scarcity-generating institutions', and these institutions manipulate both demand and supply of commodities. Therefore demand consistently exceeds supply, and profits and economic growth can continue - at the cost of individual freedom, social equity, and ecological sustainability. The fact that continual increases in demand are so vital to our economy leads to an impasse: many people see no alternative to the generation of ever more demand, but at the same time recognize that it is clearly unsustainable ecologically and socially. So, can demand only be reduced by curtailing freedom and is this acceptable? This book argues that, by analyzing how scarcity-generating institutions work and then reforming or dismantling them, we can enhance individual freedom and support entrepreneurial initiative, and at the same time make progress toward social justice and environmental sustainability by reducing demands on vital resources. This vision would enable activists in many fields (social justice, civil liberties, and environmental protection), as well as many entrepreneurs and other members of civil society to work together much more effectively, make it more difficult to portray all these groups as contradictory special interests, and thereby help generate momentum for positive change. Meanwhile, for academics in many fields of study, the concept of the creation of scarcity or abundance may be a highly useful analytical tool.

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  • Pdf File: the-rise-of-neo-liberalism-and-the-decline-of-freedom.pdf

Book Short Summary:

This book examines the relationship that prevails between the state and freedom in the works of Milton Friedman and Friedrich Hayek, as well as those of some of their peers, including Gary Becker, James Buchanan, and George Stigler. The author explains that their concept of freedom was largely derived from the principles and values of neo-liberalism. However, she maintains that neo-liberals never cared about providing the masses with genuine freedom; rather, they value freedom for its instrumental value in terms of facilitating the global spread of free-market capitalism. The author explains that the neo-liberal concept of freedom has been a very useful tool in promoting the superiority of free-market capitalism over centrally planned economies aimed at achieving the common good. She argues that even though neo-liberals are strongly opposed to central planning, they are tolerant of state planning intended to help establish and sustain the conditions of a free-market system. She also contends that the extensive implementation of neo-liberal reforms and policies has led to states losing their sovereignty and moving away from their traditional role of achieving the common good. The author claims that the world has essentially become the sum of many neo-liberal societies, particularly during the last four decades. She also maintains that, throughout human history, no other ideology, school of thought, political, religious or military institution, kingdom, or empire has been as successful as neo-liberalism, when it comes to shaping people’s beliefs, ideals, goals, and lifestyle on a global scale. Unfortunately, neo-liberalism has proven to be very detrimental for civilization and the future of the planet. The author concludes that the widespread adoption of the neo-liberal concept of freedom, in combination with the pretense that economics is a natural, ahistorical and value-free science, has triggered the emergence of methodological monism, which has resulted in unfreedom and the poverty of economics, while also delaying the progress of the entire discipline.

The Oxford Companion to the Economics of South Africa

By Haroon Bhorat,Alan Hirsch,Ravi Kanbur,Mthuli Ncube
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : OUP Oxford
  • Book Code : 0191003425
  • Total of Pages : 384
  • Category : Business & Economics
  • Members : 215
  • Pdf File: the-oxford-companion-to-the-economics-of-south-africa.pdf

Book Short Summary:

In 1994 South Africa saw the end of apartheid. The new era of political freedom was seen as the foundation for economic prosperity and inclusion. The last two decades have seen mixed results. Economic growth has been volatile. While inequalities in public services have been reduced, income inequality has increased, and poverty has remained stagnant. As the twentieth anniversary of the transition to democracy approaches in 2014, the economic policy debates in South Africa are in full flow. They combine a stocktake of the various programs of the last two decades with a forward looking discussion of strategy in the face of an ever open but volatile global economy. Underlying the discourse are basic and often unresolved differences on an appropriate strategy for an economy like South Africa, with a strong natural resource base but with deeply entrenched inherited inequalities, especially across race. This volume contributes to the policy and analytical debate by pulling together perspectives on a range of issues: micro, macro, sectoral, country wide and global, from leading economists working on South Africa. Other than the requirement that it be analytical and not polemical, the contributors were given freedom to put forward their particular perspective on their topic. The economists invited are from within South Africa and from outside; from academia and the policy world; from international and national level economic policy agencies. The contributors include recognized world leaders in South African economic analysis, as well as the very best of the younger crop of economists who are working on the study of South Africa, the next generation of leaders in thought and policy.

On Freedom and Free Enterprise: Essays in Honor of Ludwig von Mises

By
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Ludwig von Mises Institute
  • Book Code : 161016377X
  • Total of Pages :
  • Category :
  • Members : 439
  • Pdf File: on-freedom-and-free-enterprise.pdf

Book Short Summary:

Read and download full book On Freedom and Free Enterprise: Essays in Honor of Ludwig von Mises

Measuring Happiness

By Joachim Weimann,Andreas Knabe,Ronnie Schob
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : MIT Press
  • Book Code : 0262323729
  • Total of Pages : 224
  • Category : Business & Economics
  • Members : 997
  • Pdf File: measuring-happiness.pdf

Book Short Summary:

An investigation of the happiness-prosperity connection and whether economists can measure well-being. Can money buy happiness? Is income a reliable measure for life satisfaction? In the West after World War II, happiness seemed inextricably connected to prosperity. Beginning in the 1960s, however, other values began to gain ground: peace, political participation, civil rights, environmentalism. “Happiness economics”—a somewhat incongruous-sounding branch of what has been called “the dismal science”—has taken up the puzzle of what makes people happy, conducting elaborate surveys in which people are asked to quantify their satisfaction with “life in general.” In this book, three economists explore the happiness-prosperity connection, investigating how economists measure life satisfaction and well-being. The authors examine the evolution of happiness research, considering the famous “Easterlin Paradox,” which found that people's average life satisfaction didn't seem to depend on their income. But they question whether happiness research can measure what needs to be measured. They argue that we should not assess people's well-being on a “happiness scale,” because that necessarily obscures true social progress. Instead, rising income should be understood as increasing opportunities and alleviating scarcity. Economic growth helps societies to sustain freedom and to finance social welfare programs. In this respect, high income may not buy happiness with life in general, but it gives individuals the opportunity to be healthier, better educated, better clothed, and better fed, to live longer, and to live well.

On Freedom

By Eileen Barker
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Routledge
  • Book Code : 1000662721
  • Total of Pages : 358
  • Category : Political Science
  • Members : 774
  • Pdf File: on-freedom.pdf

Book Short Summary:

The London School of Economics and Political Science has embraced the full range of the social sciences and its related disciplines. Contributors to this book were invited to write on the subject of freedom.

The Oxford Handbook of the Economics of Peace and Conflict

By Michelle R. Garfinkel,Stergios Skaperdas
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Oxford University Press
  • Book Code : 0199908346
  • Total of Pages : 888
  • Category : Political Science
  • Members : 876
  • Pdf File: the-oxford-handbook-of-the-economics-of-peace-and-conflict.pdf

Book Short Summary:

Social scientists and policy makers have long been interested in the causes and consequences of peace and conflict. This Handbook brings together contributions from leading scholars who take an economic perspective to study the topic. It includes thirty-three chapters and is divided into five parts: Correlates of Peace and Conflict; Consequences and Costs of Conflict; On the Mechanics of Conflict; Conflict and Peace in Economic Context; and Pathways to Peace. Taken together, they demonstrate not only how the tools of economics can be fruitfully used to advance our understanding of conflict, but how explicitly incorporating conflict into economic analysis can add substantively to our understanding of observed economic phenomena. Some chapters are largely empirical, identifying correlates of war and peace and quantifying many of the costs of conflict. Others are more theoretical, exploring a variety of mechanisms that lead to war or are more conducive to peace.

The Economics of Happiness

By Mariano Rojas
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Springer Nature
  • Book Code : 3030158357
  • Total of Pages : 481
  • Category : Business & Economics
  • Members : 310
  • Pdf File: the-economics-of-happiness.pdf

Book Short Summary:

This book presents a panoramic view of the implications from Richard Easterlin’s groundbreaking work on happiness and economics. Contributions in the book show the relevance of the Easterlin Paradox to main areas, such as the relationship between income and happiness, the relationship between economic growth and well-being, conceptions of progress and development, design and evaluation of policies for well-being, and the use of happiness research to address welfare economics issues. This book is unique in the sense that it gathers contributions from senior and top researchers in the economics of happiness, whom have played a central role in the consolidation of happiness economics, as well as promising young scholars, showing the current dynamism and consolidation of happiness economics.

The Economics of Meaning in Life

By Joel Vos
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : University Professors Press
  • Book Code : 193968658X
  • Total of Pages : 448
  • Category : Business & Economics
  • Members : 144
  • Pdf File: the-economics-of-meaning-in-life.pdf

Book Short Summary:

There is not such a thing as value-free economics. All economic theories prescribe a unique meaning in life. What meanings are hidden in economic theories? How can we live a meaningful life despite the meanings that economists and politicians promote? The Economics of Meaning in Life offers a unique multidisciplinary study that systematically examines the meanings that are often hidden in economic and political debates. This book starts with a brief world history of how people have experienced meaning in different economic systems. For example, authors on capitalism often have a rational focus on materialistic and self-oriented types of meaning in life. Subsequently, the book describes research showing that many individuals feel taken hostage by this capitalist perspective, but simultaneously defend its meanings. This is the Capitalist Life Syndrome, named after the Stockholm Syndrome where hostages like their hostage-takers and develop a psychological alliance with them. Similar to the Communist Life Syndrome, individuals take over this capitalist approach to meaning even though these syndromes may not be good for their mental health. In response to the Capitalist Life Syndrome, increasing numbers of people want personal and societal change. A review of research discussed in the book shows that increasing numbers of people have started to focus on social and larger types of meaning since the 2007/2008 market crash: the meaning-oriented economy. Many aspects of the economy are transforming, from personal job-motivation to organisation structures, human resource management, and production. People search for new meaning within, outside, against, and beyond capitalism. This meaning-oriented trend is the future of economics, according to leaders in for example the World Economic Forum. This is the first book to integrate systematic empirical studies on meaning in life with economic theory, written by a leading researcher on meaning. The author makes his insights accessible with examples ranging from conversations with London CEO’s and Ugandan orphans to political uprisings in Latin America, environmentalist campaigns, and COVID-19. The author defends the human right to a meaningful life and recommends practical meaning-oriented steps for political campaigners. The Economics of Meaning in Life is for all readers who are interested in the real life-world hiding behind the veils of traditional economics and politics. This book should be required reading for all students of economics, psychology, sociology, and philosophy. Because everyone deserves a meaningful life.

Handbook of the Economics of Art and Culture

By
  • File : Pdf, ePub, Mobi, Kindle
  • Publisher : Newnes
  • Book Code : 0444537775
  • Total of Pages : 704
  • Category : Business & Economics
  • Members : 105
  • Pdf File: handbook-of-the-economics-of-art-and-culture.pdf

Book Short Summary:

This volume emphasizes the economic aspects of art and culture, a relatively new field that poses inherent problems for economics, with its quantitative concepts and tools. Building bridges across disciplines such as management, art history, art philosophy, sociology, and law, editors Victor Ginsburgh and David Throsby assemble chapters that yield new perspectives on the supply and demand for artistic services, the contribution of the arts sector to the economy, and the roles that public policies play. With its focus on culture rather than the arts, Ginsburgh and Throsby bring new clarity and definition to this rapidly growing area. Presents coherent summaries of major research in art and culture, a field that is inherently difficult to characterize with finance tools and concepts Offers a rigorous description that avoids common problems associated with art and culture scholarship Makes details about the economics of art and culture accessible to scholars in fields outside economics