UID:
almahu_9949285336202882
Format:
XV, 598 p.
,
online resource.
Edition:
1st ed. 2003.
ISBN:
9781461502616
Content:
The purpose of this volume is to demonstrate how contemporary institutional economic analysis can be applied to the resolution of economic problems. All of the essays in this book challenge the conventional wisdom in the problem areas addressed. They advocate policy positions that often run contrary to views widely held by academic economists and policy makers alike. The general literature of institutional economics is unorthodox, beginning with its methodological foundations and continuing through the kind of policy analysis found in these pages. The orthodox tradition in economics is commonly characterized as "neoclassical economics." Neoclassical economics fosters the myth that only "the market" can efficiently allocate a society's economic resources and equitably distribute its income. It provides the intellectual defense for in which "free markets" are championed over democratic capitalist ideology policy formation, which it contends is neither efficient nor equitable. For both professional economists and policy makers of a conservative political persuasion, neoclassical economics writes the script for a morality play in which the market is the "good guy" and the government is the "bad guy." As such, it undermines the belief that free societies can enhance economic welfare through the use of democratic processes in the formulation of economic policies.
Note:
I -- 1 Foundational Concepts for Institutionalist Policy Making -- II -- 2 An Institutionalist View of Fiscal Policy -- 3 Monetary Policy: An Institutionalist Approach -- 4 Progressive Tax Policies -- III -- 5 Promoting Economic Equity: The Basic Income Approach -- 6 Welfare Reform -- 7 Universal Health Care in the United States: Analysis and Proposals -- 8 Social Security: Truth or Convenient Fictions? -- IV -- 9 Competing Perspectives on Economic Power and Accountability -- 10 Market Failure in Public Utility Industries: An Institutionalist Critique of Deregulation -- 11 The Abuse of Economic and Financial Power in the New Economy: Historical Patterns in the Creation of Modern Remedies -- V -- 12 Toward Developmental Curriculum Reform: Teach What? To Whom? Why? -- 13 Policies to Provide Non-invidious Employment -- 14 Policy Implications of the New Information Economy -- VI -- 15 An Institutionalist Perspective on Environmental Goal Setting -- 16 Policy Concerns Regarding Ecologically Sound Disposal of Industrial Waste Materials -- VII -- 17 Globalization: An Institutionalist Perspective -- 18 Global Industrial Policies -- 19 Recent Tendencies in Development Economics: Bringing Institutions Back In -- About the Authors.
In:
Springer Nature eBook
Additional Edition:
Printed edition: ISBN 9781402073083
Additional Edition:
Printed edition: ISBN 9781461349921
Additional Edition:
Printed edition: ISBN 9781461502623
Language:
English
Subjects:
Economics
Keywords:
Aufsatzsammlung
DOI:
10.1007/978-1-4615-0261-6
URL:
https://doi.org/10.1007/978-1-4615-0261-6
URL:
Volltext
(URL des Erstveröffentlichers)
