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Economics: A Very Short Introduction (Very Short Introductions)

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At the outset, Dasgupta makes two broad worth noting. First, he ties in economics with politics and, especially with ethics. Unlike some scientists who might try to minimize ethical, philosophical questions, Dasgupta is quite clear that ethical commitments are a driving force behind economics and politics. The second point involves Dasgupta's approach to economic questions. He rejects a historical, "narrative" approach because of the difficulty of supporting one proposed "narrative" over another. Dasgupta's approach is heavily analytical and quantitative, relying on mathematical modeling, statistics, and game theory. He tries to identify and weigh the factors involved in economic growth. Grass Root Collective Action for territorially integrated food supply chain: A Case Study from Tuscany," Economics has the capacity to offer us deep insights into some of the most formidable problems of life. Here, Dasgupta goes beyond the basics to show it's innate effects on our history, culture, and lifestyles. Class (i.e. class analysis) remain forever opaque in (modern) liberal economics (remember, this was actually foundational to the Classical liberals), with 2 inconsequential mentions: Economic Writing on the Pressing Problems of the Day: The Roles of Moral Intuition and Methodological Confusion,"

Up-to-date and progressive, this short book is written by an internationally recognized authority in the field. It’s difficult to explain how limited liberal economics is when you do not have the words to describe the real world. Here are some words:As an 'introduction', this book is an extremely heavy read for anyone not already intimately familiar with economics (and even then, it would probably still be a tough book to get through). The author covers such a wide array of topics so fast, that it's difficult to see how they might possibly tie together. Even the examples the author gives require a double-take (at least in my case they did). a) Rhetorically ( "socially liberal"): "multi-culturalism" rhetoric, "progress", "economic development"...i.e. the professional managerial class managing social consent with minor tinkering ("reformism"). Mainstream "politics" distracts us with this rhetorical layer ("liberals" vs. "conservatives"), thus the "political theatre". Ah yes, all the poor need to do is “do business” and this magically produces wealth which magically distributes to the poor to uplift their standard of living. Because Western Europe just did business for 300 years (1500-1800) before their domestic (yes, let's not even consider the colonies/slaves) masses recovered enough from the capitalist Enclosures to actually improve their standard of living (which it turns out was mostly from collective action to build social Commons, esp. public health/sanitation): Less is More: How Degrowth Will Save the World Yes, sarcasm; the world is reduced to a poorly-lit alley and the author only examines what is under the street light: economic growth (GDP), standard of living (HDI), demography ( population growth, ugh...), trust (how to model it), communities, markets (including the central planning vs. free market "debate", market failures, etc.), institutions (in particular science and technology), households and firms (including property rights, risk), modelling sustainable economic development, modelling social wellbeing, and even the game theory of voting (framed as if this is an adequate intro to “democracy”, how liberal reformist can we get?!). If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

Middle-class behaviour can also be the trigger for change”: Ah, yes, “middle-class”, the only class vocalized by liberals to justify inequality (i.e. there is still social mobility if you earn it, thus capitalism remains a meritocracy). Nothing about power (esp. political bargaining power).So... is liberal economics even meant to answer the question of global inequality, or is it designed to obscure not only the answers but how we frame the question? The Jakarta Method: Washington's Anticommunist Crusade and the Mass Murder Program that Shaped Our World Achieving sustainable population: Fertility decline in many developing countries follows modern contraception, not economic growth," As for calling this an 'economics' book, I really think that is open to interpretation. It was abundantly clear to me that the author had an agenda when writing this book and was not shy about it. I don't necessarily agree or disagree with her viewpoints, but books that are supposed to be references to technical subjects like economics shouldn't have the facts clouded with opinion and rhetoric. Michelle Baddeley has a Bachelor of Economics (First Class) from the University of Queensland and a Masters/PhD in Economics from the University of Cambridge. She has held appointments at the Commonwealth Treasury in Canberra; Gonville and Caius College and the Faculty of Economics at the University of Cambridge; University College London; and the Institute for Choice (University of South Australia). She is currently a Professor in Economics, the UTS Business School's Associate

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