Capitalism

Released on by Anwar Shaikh
preview-18

  • Capitalism Book Detail

  • Author : Anwar Shaikh
  • Release Date : 2016-01-15
  • Publisher : Oxford University Press
  • Genre : Business & Economics
  • Pages : 1019
  • ISBN 13 : 0199390657
  • File Size : 71,71 MB
DOWNLOAD BOOK

Capitalism by Anwar Shaikh PDF Summary

Book Description: Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.

Disclaimer: www.yourbookbest.com does not own Capitalism books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Capitalism

Capitalism

File Size : 19,19 MB
Total View : 2901 Views
DOWNLOAD

Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcom

The Future of Capitalism

The Future of Capitalism

File Size : 66,66 MB
Total View : 3450 Views
DOWNLOAD

Bill Gates's Five Books for Summer Reading 2019 From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and

Business as Usual

Business as Usual

File Size : 38,38 MB
Total View : 2027 Views
DOWNLOAD

The recent global economic downturn has affected nearly everyone in every corner of the globe. Its vast reach and lingering effects have made it difficult to pi

A Failure of Capitalism

A Failure of Capitalism

File Size : 6,6 MB
Total View : 6220 Views
DOWNLOAD

The financial and economic crisis that began in 2008 is the most alarming of our lifetime because of the warp-speed at which it is occurring. How could it have