Business Enterprise
Capital Output Ratio
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Circular Cumulative Causation
Competitive Market Mechanism
consumption processes
Demand Pull Inflation
Draw Policy Conclusions
economic paradigm shifts
economic policy analysis
Effort Entropy
environmental sustainability economics
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eq_isMigrated=2
eq_nobargain
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eq_society-politics
Heckscher Ohlin Theory
Indifference Curves
Inert Areas
institutional economics
Lexical Ordering
Long Run Equilibrium Position
Long Run View
macroeconomic crisis
macroeconomics
mass poverty
Non-optimal Behaviour
Open System Character
Optimal Effort Level
Organic Mercury Poisoning
Psychological Satisfaction
regional disparities
regional economic disparities
resource allocation
Social Reproduction
Supplementary Utilities
unbalanced affluence
Under-developed Countries
Utility Variables
Vice Versa
Welfare Entities
Welfare Theory
Product details
- ISBN 9780367171322
- Weight: 163g
- Dimensions: 140 x 216mm
- Publication Date: 31 Oct 2022
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Paperback
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First published in 1976. Economics has always been in a crisis since it broke away from social philosophy in the late eighteenth century. But from time to time this crisis has been particularly acute. Such was the case at the turn of the last century when the classical predictions proved less and less true and, in response, the marginalist schools emerged. Such also was the case at the beginning of the 1930s when the proof of the established harmony propounded in that theory was contradicted by the Great Depression, giving rise to the new macroeconomics pioneered by Keynes. doubt that contemporary economics is in a crisis, at least if crisis is defined as the inability to meet the challenge of the times. Problems like mass poverty, unbalanced affluence, increasing regional economic disparities, imbalances in population development, irrational disposition of non-renewable resources, and production and consumption processes ill-adjusted to the limited carrying capacity of the environment are among many pressing problems awaiting solution by economists. The purpose of this book is to bring together responses from leading economists to these problems. Given the vast subject matter, it is only to be expected that the specific emphasis given to various approaches differs among the authors.
KURT DOPFER has been Visiting Professor at the International Christian University, Tokyo, 1972-5, on leave from St Gall School of Economics and Social Science, St Gallen (Switzerland). His publications include Theory of Convergence, Theory of Long Term Changes of Economic Systems and Relationship between Population and Development. He is currently conducting research on socio-economic development in Asia with the support of the Asia Foundation and the Swiss National Fund for Scientific Research.
