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Yet, in spite of all these differences, social economists can nevertheless be seen and also approached as some kind of economic brotherhood for various reasons dissatisfied with the austere \"value-free\" diet offered by the pOSitivistic neoclassical paradigm. What all social economists seem to have in common is a profound interest in values and the process of valuation in order to more fully understand both economic behavior and the possibilities of improving the economic system. Such a distinguishing characteristic is also well articulated and enshrined in Article I of the Constitution of the Association of Social Economics where we are told that the aims and objectives of the Association shall be: 1. To foster research and publication centered on the reciprocal relationship between economic science and broader questions of human dignity, ethical values, and social philosophy, [and to] encourage the efforts of all scholars who are dedicated to exploring the ethical presuppositions and implications of economic science. 2. 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How can misalignments be measured, and what are  their causes?  What are the effects of specific policies upon the  equilibrium exchange rate?         The answers to these questions are important to academic theorists,  policymakers, international bankers and investment fund managers. This  volume encompasses all of the competing views of equilibrium exchange  rate determination, from PPP, through other reduced form models, to  the macroeconomic balance approach.    This volume is essentially empirical: what do we know about exchange  rates? The different econometric and theoretical approaches taken by  the various authors in this volume lead to mutually consistent  conclusions. 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The Contents: A Review Jacques Silber has done a great service to the subject by producing this collection of admirablyhelpful and illuminating papers on different aspects of the measurement of income inequality. The reach of this collection is quite remarkable. 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The wider institutional framework for technological change and innovation activity has also been strongly developed more recently. 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It is my wish that this book contributes to the further deve- lopment of the theory of the firm and that it helps us to a better understan- ding of the complexities of economic organization. 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Dean and A. M. C. Waterman University of Manitoba 1. Economics and Religion Once Again This hook is a sequel to Economics and Religion: Are They Distinct? (Brennan and Waterman 1994). That volume was motivated by a frustration born of many disappointing encounters between economists and theologians in the 1980s. Can bishops, synods, and other voices of organized religion bring any interesting (and disinterested) contribution to the public policy debate? If so, what is the relation of their contribution to that of the purely secular knowledge economists believe they can supply? Can economists bring any interesting (and disinterested) contribution to the public policy debate? If so, what is the relation of their contribution to the fundamental values that inform social ethics and that are still guarded to a large extent by religious tradition? All too often the two sides talked at cross-purposes. Well-intentioned economists coexisted for a few hours or days with well- intentioned theologians whose manner of conceiving social reality was radically incompatible with their own. There seemed to be no common ground. The first requisite of any genuine conversation is an agreed conceptual framework that is able to accommodate the peculiar social vision both of the economist and of theologian, and to display the logical relation between the two.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52126510252305,"sku":"NLS9789401058919","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401058919.jpg?v=1757476672"},{"product_id":"public-utility-regulation-book-kenneth-nowotny-9789401076326","title":"Public Utility Regulation","description":"David B. Smith This is a book about the application of economic theory to a unique form of social control - public utility regulation. 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What is meant by the phrase other things held constant that often appears in descriptions of probability? These questions involve fundamental philosophical and scientific issues, and promise to elude definitive answers for some time. The same type of difficulty arises when attempting to produce a volume on microeconomic theory. The obvious first question-what is microeconomic theory?--","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52127223316753,"sku":"NLS9780898381702","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780898381702.jpg?v=1757484730"},{"product_id":"is-lm-and-modern-macroeconomics-book-warren-young-9780792379669","title":"IS-LM and Modern Macroeconomics","description":"On the other hand, the same economists  realize the limitations of the basic IS-LM model and would not now use  it for policy analysis, as they did in the past. 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This work is comprised of 13 selected articles that guide the reader from an initial discussion of why we decided to regulate certain industries in the first place to a specific analysis of what role economic theory has played in the electric, natural gas, telecommunications, and water indus tries, and whether it should be allowed to play an even more dominant role in the future. 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Since I am of the opinion that no fully satisfactory syn- thesis of the perspectives presented here is (probably ever) possible, no Procrustes has been summoned to make the attempt.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52137160016145,"sku":"NLS9780898380835","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780898380835.jpg?v=1757557050"},{"product_id":"organization-and-decision-theory-book-ira-horowitz-9780792390503","title":"Organization and Decision Theory","description":"Ira Horowitz Depending upon one's perspective, the need to choose among alternatives can be an unwelcome but unavoidable responsibility, an exciting and challenging opportunity, a run-of-the-mill activity that one performs seem- ingly without thinking very much about it, or perhaps something in between. 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A scholar with such an out- standing body of contributions must expect other men to swarm about it (1966, p. 1233), subject it to scholarly scrutiny, and challenge it. Although Paul Samuelson was 65 on May 15, 1980 (and our best wishes go out to him for long life and continued enrichment of economics), this is neither a birthday party nor a gathering of only the Good Fairies, for, as he himself has said of Marx, a great scholar deserves the compliment of being judged seriously and critically (1972, p. 268). In accordance with the rule of Roman law, audiatur et altera pars, I have invited representative scholars of widely divergent perceptions to offer their critical evaluation of the age of Samuelson.  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(That understanding must be com- plex and subtle, inasmuch as revision of interpretation of earlier ideas is part of the process-both cause and consequence-of re-analyzing the economy. ) In this group we are interested in how recent and contemporary writers have interpreted the history of economic thought differently, both among themselves and from earlier writers. 1 NEOCLASICAL ECONOMIC lHEORY 2 Several topics must be discussed to place such work in perspective, in part as it is here applied to the history of the interpretation of neoclassical economics.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52141197525265,"sku":"NLS9789401074773","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401074773.jpg?v=1757576669"},{"product_id":"comparative-economic-systems-book-a-zimbalist-9789401089869","title":"Comparative Economic Systems","description":"3 edge, methods and theory. I turn now to some of my own reflections on this score. Some Reflections My first proposition is that if we are interested in analyzing the performance and dynamic properties of the world's economies, it is only at significant peril that comparative economists can overlook noneconomic or \"political\" factors. This is not to say that it is illegitimate to abstract from non-economic factors for particular purposes; rather, such abstraction should occur only with cogni­ zance of the influences being suppressed. I have argued elsewhere that the analytical compromise in suppressing noneconomic variables is greater for the study of planned than for market economies. [7] Borrowing from Polanyi [8], it is claimed that in market sys­ tems the economic sphere is disembedded from (separate and not subordinate to) the political, social and cultural spheres, while in planned systems the economic sphere is embedded in the noneconomic spheres. 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The resulting policy emphasizes  dependence on market forces to set prices and to encourage efficient  production techniques. While extensive research investigates the  influence of deregulation on prices, profits and productivity, the  effect on labor markets has not received the same scrutiny. Firms in  these industries are of major importance to business operations in  other industries because they provide the critical services of  transporting goods and transmitting information. This may partly  explain such extensive research on the product market aspects of  regulatory reform. Examining labor markets in the transportation and  telecommunications industries is also highly warranted, as  historically these industries represented some of the most heavily  unionized sectors in the economy.    The extent to which regulatory reform has encouraged product market  competition may not necessarily result in the same degree of  competition across industries. Regulatory Reform and Labor  Markets debates the notion that research on regulatory reform and  labor markets should develop within the framework of the competitive  model. This is achieved by presenting diverging views on wage and  employment determination in distinctly different deregulated  industries.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52142301348113,"sku":"NLS9789401060349","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401060349.jpg?v=1757579739"},{"product_id":"organization-and-decision-theory-book-ira-horowitz-9789401076357","title":"Organization and Decision Theory","description":"Ira Horowitz Depending upon one's perspective, the need to choose among alternatives can be an unwelcome but unavoidable responsibility, an exciting and challenging opportunity, a run-of-the-mill activity that one performs seem- ingly without thinking very much about it, or perhaps something in between. Your most recent selections from a restaurant menu, from a set of jobs or job candidates, or from a rent-or-buy or sell-or-Iease option, are cases in point. Oftentimes we are involved in group decision processes, such as the choice of a president, wherein one group member's unwelcome responsibility is another's exciting opportunity. Many of us that voted in the presidential elections of both 1956 and 1984, irrespective of political affiliation, experienced both emotions; others just pulled the lever or punched the card without thinking very much about it. Arriving at either an individual or a group decision can sometimes be a time consuming, torturous, and traumatic process that results in a long- regretted choice that could have been reached right off the bat. On other occasions, the just let's get it over with and get out of here solution to a long-festering problem can yield rewards that are reaped for many 1 ORGANIZATION AND DECISION THEORY 2 years to come. One way or another, however, individuals and organiza- tions somehow manage to get the decision-making job done, even if they don't quite understand, and often question, just how this was accomplished.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52142451097873,"sku":"NLS9789401076357","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401076357.jpg?v=1757580216"},{"product_id":"mercantilist-economics-book-lars-magnusson-9789401046183","title":"Mercantilist Economics","description":"This collection of papers reflects the variety of  interpretations and definitions connected with the concept of  `mercantilism' which have evolved historically during the last two  centuries. They range from interpretations of `mercantilistic' ideas  to interpretations of policies. They stress the relationship between  economic, social and political ideas and range from the 17th to the  late 20th century. Lastly, they provide us with more knowledge of  specific national cases as well as a discussion of mercantilism as a  general phenomenon.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52142473675025,"sku":"NLS9789401046183","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401046183.jpg?v=1757580329"},{"product_id":"radical-economics-book-bruce-roberts-9789401053167","title":"Radical Economics","description":null,"brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52142483079441,"sku":"NLS9789401053167","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401053167.jpg?v=1757580408"},{"product_id":"social-economics-retrospect-and-prospect-book-mark-a-lutz-9789401076272","title":"Social Economics: Retrospect and Prospect","description":"At the very heart of the conception of the present volume lies the conviction that social economics is a highly pluralistic discipline, inspired and enriched by several often radically different world views, Schumpeterian visions, and at times even quite antagonistic social doctrines. Yet, in spite of all these differences, social economists can nevertheless be seen and also approached as some kind of economic brotherhood for various reasons dissatisfied with the austere \"value-free\" diet offered by the pOSitivistic neoclassical paradigm. What all social economists seem to have in common is a profound interest in values and the process of valuation in order to more fully understand both economic behavior and the possibilities of improving the economic system. Such a distinguishing characteristic is also well articulated and enshrined in Article I of the Constitution of the Association of Social Economics where we are told that the aims and objectives of the Association shall be: 1. To foster research and publication centered on the reciprocal relationship between economic science and broader questions of human dignity, ethical values, and social philosophy, [and to] encourage the efforts of all scholars who are dedicated to exploring the ethical presuppositions and implications of economic science. 2. To consider the personal and social dimensions of economic problems and to assist in the formulation of economic policies consistent with a concern for ethical values and pluralistic community and the demands of personal dignity.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52142745288977,"sku":"NLS9789401076272","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401076272.jpg?v=1757581388"},{"product_id":"pre-classical-economic-thought-book-s-todd-lowry-9789401079600","title":"Pre-Classical Economic Thought","description":"The scholars invited to contribute the primary essays for this collection were given three mandates. The first was to survey the contemporary research in their assigned fields and to provide a bibliography that would give any interested scholar an entree into the literature. The second was to develop their own interpretive perspective on the economic literature of their assigned period. The third, and perhaps the most difficult, was to be very brief and concise. In a project of this type it would be difficult to extrapolate themes or evolutionary sequences that run through the literature over the two thousand years spanned by this survey. To some degree, the invited commentators provide a fund of suggestions that will stimulate interested readers to pursue this line of synthesis for themselves. The editor of this collection did not even entertain the idea of trying to coordinate the presentations and commentaries of this intellectually erudite and diverse group of scholars into agreed upon lines of interpretation. There is enough material, however, to provide a reference base for the interested scholar who desires to follow particular ideas from period to period.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52144269852945,"sku":"NLS9789401079600","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9789401079600.jpg?v=1757588148"},{"product_id":"political-economy-of-war-and-peace-book-murray-wolfson-9780792383109","title":"The Political Economy of War and Peace","description":"cancer n. any malignant tumor . . . Metastasis may occur via the bloodstream or the lymphatic channels or across body cavities . . . setting up secondary tumors . . . Each individual primary tumor has its own pattern . . . There are probably many causative factors . . . Treatment. . . depends on the type of tumor, the site of the primary tumor and the extent of the spread. (Oxford Concise Medical Dictionary 1996, 97) Let us begin by stating the obvious. Acts of organized violence are not necessarily of human nature, but they are endogenous events arising within the an intrinsic part evolution of complex systems of social interaction. To be sure, all wars have features in common - people are killed and property is destroyed - but in their origin wars are likely to be at least as different as the social structures from which they arise. Consequently, it is unlikely that there can be a simple theory of the causes of war or the maintenance of peace. The fact that wars are historical events need not discourage us. On the contrary, we should focus our understanding of the dimensions of each conflict, or classes of conflict, on the conjuncture of causes at hand. It follows that the study of conflict must be an interdisciplinary one. It is or a penchant for eclecticism that leads to that conclusion, but the not humility multi-dimensionality of war itself.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52147268550929,"sku":"NLS9780792383109","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780792383109.jpg?v=1757599978"}],"url":"https:\/\/www.worldofbooks.com\/collections\/recent-economic-thought-book-series.oembed","provider":"World of Books ","version":"1.0","type":"link"}