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The Collected Short Works of Thorstein Veblen - Volume I
April 2016 / ISBN: 978-1-62273-011-7Availability: In stock
242pp. ¦ $45 £28 €38
This three-volume collection contains Veblen's publications in academic journals and other scholarly press. The articles are organized under major chapters covering Veblen's pioneering thoughts on social organization; economic theory; social theory; institutions, social organization and economic performance; contemporary policies and social movements; social applications of evolutionary reasoning. Veblen made numerous seminal contributions on issues as diverse as the social role of science, the economic and social competition between entrepreneurs and engineers as well as a sobering criticism of the still under-appreciated preconceptions of economics as a science. The collection brings together much work that has been inaccessible in print and provides instructive reading for researchers on institutional economics, evolutionary economics as well as those with an interest on the history of economic thought. This edition has been professionally typeset from the original articles for easier reading and includes a comprehensive index. It is printed on quality, hard-bound volumes, resulting in an indispensable contemporary edition of Veblen's timeless ideas.
Introduction to Dynamic Macroeconomic General Equilibrium Models
José Luis Torres Chacon, Universidad de Málaga, Spain
Availability: In stock
282pp. ¦ $55 £40 €50
This book offers an introductory step-by-step course in Dynamic Stochastic General Equilibrium modelling. Modern macroeconomic analysis is increasingly concerned with the construction, calibration and/or estimation and simulation of Dynamic General Equilibrium (DGE) models. The book is intended for graduate students as an introductory course to DGE modelling and for those economists who would like a hands-on approach to learning the basics of modern dynamic macroeconomic modelling. The book starts with the simplest canonical neoclassical DGE model and then gradually extends the basic framework incorporating a variety of additional features, such as consumption habit formation, investment adjustment cost, investment-specific technological change, taxes, public capital, household production, non-ricardian agents, monopolistic competition, etc. The book includes Dynare codes for the models developed that can be downloaded from the book’s homepage.
The National System of Political Economy
New Edition
January 2014 / ISBN: 978-1-62273-010-0Availability: In stock
386pp. ¦ $30 £22 €27
In The National System of Political Economy, List provides a critique of the ideas of Adam Smith and David Ricardo that continues to resonate with policy makers concerned with industrial policy and national economic development. List argues that in contrast with the stylized view of classical economics, real-world economies are organized along national lines and that policy makers can ignore this reality to their peril. The benefits from trade are conditional, rather than universal and the development of sophisticated industry requires carefully designed and sequentially planned state interventions. List provides an early recognition of the existence of distinct stages of economic development, and of the interplay between military power, industrial development and national prosperity. List's work had a formative influence on subsequent strands of thought such as institutional economics and 'national systems of innovation' perspectives and is considered an exemplar of work in the tradition of realist international political economy.
The Knowledge Plexus
A Systemic View on the Economic Geography of Technological Knowledge
George Chorafakis, University of Barcelona, Spain
Availability: In stock
391pp. ¦ $60 £45 €55
This book is a collection of 5 essays on the economic geography of technological knowledge. Their common threads are: (i) the quest for a new paradigm in economic geography, termed ‘systemic’, as an alternative to the neoclassical, based on the epistemological premise of emergence and the theories of evolution and complexity; and (ii) the intent to explain the process of technological knowledge production as a systemic phenomenon occurring in relational space subject to emergence and co-evolutionary dynamics. In this theoretical framework, the author analyses various European knowledge networks, and examines their effects on the production of technological knowledge as sources of relational cognitive capital and economies of complexity. He then poses a number of questions on the direction and instrumentalities of the European research, technological development and innovation policies, and in particular on the issues of cohesion and dynamic efficiency of the European research system.
The Great Illusion
A Study of the Relation of Military Power to National Advantage
December 2014 / ISBN: 978-1-62273-009-4Availability: In stock
223pp. ¦ $30 £22 €27
International trade and the development of intertwined global markets makes inter-state war less profitable and probable. This is Norman Angell's simple hypothesis, vigorously defended in The Great Illusion and at the root of an enduring controversy, from the time of its initial publication - on the eve of the First World War - to this day. Well documented, logically argued and persuasive, The Great Illusion is a passionate defense of peace, attacking widely held, yet unquestioned assumptions about the gains from war and the costs of conquest.