Crisis, Economics and the Emperor's Clothes

Crisis, Economics and the Emperor's Clothes PDF

Author: Frans Doorman

Publisher: Lulu.com

Published: 2013-06-01

Total Pages: 314

ISBN-13: 1105846555

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Why isn't society doing better economically, socially and environmentally? Why have the advances in science and technology not led to more wealth, well-being and a brighter outlook for humanity? This book argues part of the blame lies with the theory and practice of economics. Standard economics is based on poorly conceived premises and method, resulting in misguided policy prescriptions. These helped cause the 2007 crisis, inhibit economic recovery, foster future crises, and restrain society in addressing its social and environmental problems. The book shows that what is considered responsible economic, financial and fiscal policy puts society in an economic straightjacket that prevents the full development of its productive potential. It presents the outline of a new economics, a social science that can help generate the productive potential to create a dynamic, socially equitable and environmentally sustainable society.

The Emperor's Clothes

The Emperor's Clothes PDF

Author: Ryan Darwish

Publisher: Ryan Darwish

Published: 2007-02-19

Total Pages: 131

ISBN-13: 1419660942

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There is little dispute that the economy of the United States has many difficult future challenges. The astronomical budget deficits require massive and growing indebtedness to fund. The loss of competitive advantage of many key industries in the United States has lead to a hemorrhaging of dollars to countries such as China, India, and the oil producing countries. An aging population, poorly prepared for their retirement years, with declining health will lead to increasing claims on our Federal entitlement system. Corruption, ethical malfeasance, and engagement in an endless war against a poorly defined enemy promises to continue draining the productive economic, emotional, and psychological resources of the United States. At the same time, the United States remains dependent for its energy supplies on countries and regions which do not look favorably upon the United States. Consideration of the implications of these circumstances upon one's personal financial and investment decisions is crucial. This book provides a framework, and guidance, for thinking about the risks and opportunities in this economic and investment climate.

The Empire's New Clothes

The Empire's New Clothes PDF

Author: Philip Murphy

Publisher: Oxford University Press

Published: 2018-08-01

Total Pages:

ISBN-13: 0190935006

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In the wake of Brexit, the Commonwealth has been identified as an important body for future British trade and diplomacy, but few know what it actually does. How is it organized and what has held it together for so long? How important is the Queen's role as Head of the Commonwealth? Most importantly, why has it had such a troubled recent past, and is it realistic to imagine that its fortunes might be reversed?In The Empire's New Clothes,? Murphy strips away the gilded self-image of the Commonwealth to reveal an irrelevant institution afflicted by imperial amnesia. He offers a personal perspective on this complex and poorly understood institution, and asks if it can ever escape from the shadow of the British Empire to become an organization based on shared values, rather than a shared history.

Somebody in Charge

Somebody in Charge PDF

Author: P. Lemieux

Publisher: Springer

Published: 2011-04-25

Total Pages: 352

ISBN-13: 023011847X

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This book asks a fundamental question, that is, whether "somebody in charge" could have prevented or solved the problem leading up to our current financial crisis. This book explores and answers that question from a scholarly and academic economic viewpoint.

The Bankers’ New Clothes

The Bankers’ New Clothes PDF

Author: Anat Admati

Publisher: Princeton University Press

Published: 2024-01-09

Total Pages: 624

ISBN-13: 0691251703

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A Wall Street Journal, Financial Times, and Bloomberg Businessweek Book of the Year Why our banking system is broken—and what we must do to fix it New bank failures have been a rude awakening for everyone who believed that the banking industry was reformed after the Global Financial Crisis—and that we’d never again have to choose between massive bailouts and financial havoc. The Bankers’ New Clothes uncovers just how little things have changed—and why banks are still so dangerous. Writing in clear language that anyone can understand, Anat Admati and Martin Hellwig debunk the false and misleading claims of bankers, regulators, politicians, academics, and others who oppose effective reform, and they explain how the banking system can be made safer and healthier. Thoroughly updated for a world where bank failures have made a dramatic return, this acclaimed and important book now features a new preface and four new chapters that expose the shortcomings of current policies and reveal how the dominance of banking even presents dangers to the rule of law and democracy itself.

A Guide to Energy Forecasting

A Guide to Energy Forecasting PDF

Author: Graham Duxbury

Publisher: Troubador Publishing Ltd

Published: 2017-09-26

Total Pages: 264

ISBN-13: 1788032675

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This book explores the purposes, methodologies, modelling techniques and weaknesses in energy forecasting. It provides a rare appraisal of what is generally known as the ‘end use sector’ approach to global demand forecasting. It exposes the fallibilities that are hidden in the seductive power point presentations of forecasters and the false sense of accuracy bestowed upon them. It nevertheless stresses that forecasting remains crucial and of value to the industry. By raising awareness of the forecasting risks and the often ‘smoke and mirrors’ nature of the exercise as well as offering commentary on how the process and use of forecasts could be improved, although not necessarily the accuracy, this book is must-read for those in government, corporate planning and financing sectors of the energy industry who rely on forecasts to make policy, investment and trading decisions.

The Emperor's Clothes

The Emperor's Clothes PDF

Author: George Tabori

Publisher: Baker's Plays

Published: 1953

Total Pages: 110

ISBN-13:

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"Little Ferike, for that is his name, establishes the standard of truth in the play. The serious part of 'The emperor's clothes' concerns political tyranny in Budapest and the effect it has on Ferike's father, a teacher dismissed for dangerous political expressions. Anxious to get a school again, the father compromises his principles; and little Ferike despises him. At the close of the play the father reinstates himself in his son's adoration--presumably because he finally adheres to the truth".

Capitalism: Should You Buy it?

Capitalism: Should You Buy it? PDF

Author: Charles Derber

Publisher: Routledge

Published: 2015-11-17

Total Pages: 323

ISBN-13: 1317262794

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Before there was economics, there was political economy, an interdisciplinary adventure boldly and critically seeking to understand capitalism. Over time, the social sciences evolved into specific disciplines - economics, sociology, political science - that less often questioned capitalist perspectives and the state. Contrasting three traditions - neoclassicism, Keynesianism, and neo-Marxism - Capitalism: Should You Buy It? traces the historical development of each and evaluates whether they view capitalism as the root cause of or the solution to the pressing problems now facing humanity. This accessible and hopeful book is a call to everyone - citizen, student, public intellectual - to revive the critical edge towards capitalism.

Debunking Economics

Debunking Economics PDF

Author: Steve Keen

Publisher: Zed Books

Published: 2001-07-28

Total Pages: 356

ISBN-13: 9781856499927

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What is the score card for economics at the start of the new millennium? While there are many different schools of economic thought, it is the neo-classical school, with its alleged understanding and simplistic advocacy of the market, that has become equated in the public mind with economics. This book shows that virtually every aspect of conventional neo-classical economics' thinking is intellectually unsound. Steve Keen draws on an impressive array of advanced critical thinking. He constitutes a profound critique of the principle concepts, theories, and methodologies of the mainstream discipline. Keen raises grave doubts about economics' pretensions to established scientific status and its reliability as a guide to understanding the real world of economic life and its policy-making.