Excerpt from Aspects of the Rise of Economic Individualism: A Criticism of Max Weber and His School This book is an attempt to provide a more realistic treatment than has been found hitherto of a topic which has of late years been widely discussed. It is an attempt to use a historical instead of a sociological method to solve historical problems. It was first written in 1928 - 9 as a dissertation for the degree of Doctor of Philosophy in the University of Cambridge, from material mostly collected during the tenure of a research Studentship at Emmanuel College. It was written in such leisure time as I was able to afford while lecturing at the University of Leeds, and has now been revised and rewritten in leisure moments at Cape Town. Access to libraries has been a little difficult during the actual period of writing, and I am conscious that there are some gaps in my bibliography. I regret especially my non-access to certain German works and Continental periodicals. Despite this, I venture to claim that my essay does make some new contributions to the literature of the subject. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Dealing with factors affecting economic growth in knowledge-based societies, the author shows that the interaction between material and nonmaterial values is the ultimate source of all economic growth. The model thus developed predicts the quantitative facts concerning business cycles better than the conventional real-cycle models, while also producing a new growth path whose existence is verified by empirical facts. The results provide strong evidence of the economic relevance of nonmaterial values, and also prompt a new view of the stochastic elements in the business cycles.

Many preachers and teachers of preaching talk about the gospel; few name it. Theologies of the Gospel in Context assembles a gifted group of homileticians who think that preachers need to be able to articulate the gospel not "in general," but in a certain time and place, in context. They consider what gospel sounds like for people under oppression, in capitalist economies, in neocolonial contexts, for survivors of trauma, and for disestablished mainline churches marred by racism. Preachers will appreciate these preacher/scholars' desire to articulate the gospel with clarity, especially since the term is so often left unexplained. Homileticians will see a new genre of doing their work as teachers and researchers in preaching: a vision that helps preaching see itself not just as an adjunct to exegesis or communication, but a place of doing theology. In these pages homiletics is more than technique, it is a truly theological discipline.

This book argues that the debates about the appropriate economic policies to follow in the developing world within the field of development economics are at heart debates about the appropriate ontology to ascribe to agents within the developing world.

The Philosophy of Economics primarily considers the economic agent as a moral subject. Economics, however, has long overlooked the agent’s moral – that is to say, reasonable – dimension, to focus instead on the strictly rational. This volume seeks to address this neglected topic through exploring the Individual and the Other. The economic agent refers to "himself" (herself) in terms of his desire and passions, yet also refers to others besides himself. For the rational economic agent, what is the nature of this relationship with the Other? Should it not be understood as undergoing a transformation once we come to consider the economic agent as a reasonable being? Through what process does the Other pass from being an instrument at the disposal of a rational agent to being an end in itself for a moral subject? In other words, how does another become "an Other"? These questions are behind the re-examination of certain fundamental notions which takes place in this book, an examination which involves a re-reading of certain great authors. With contributions from authors around the world, this work is divided into three main parts. The first deals with individuals from the history of economic thought such as Adam Smith, Karl Marx and Hannah Arendt; this is then followed by a thematic section in which the concepts of recognition and subjectivity are questioned in a market context. Finally, the third part offers an analysis of the issue of "the Individual and the Other" in different fields of the recent economic analysis including game theory, decision theory or social choice. The Individual and the Other in Economic Thought aims to help the reader better understand how the relationship between the Individual and the Other has been conceived, conceptualized and framed in economic analysis. It will be of great use to graduate students, scholars and any reader interested in this crucial issue.

Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.

Most economic theory is based on the assumption that economies grow in a linear fashion. Recessions, depressions and (financial) crises are explained by policy mistakes. However, economic development has historically been uneven, and this state of affairs continues today. This book argues that twentieth century economic theory has marginalized individualism and organizational variety, and puts forward the case for a pluralist approach. This book represents a unique synthesis of business theory and economic theory, which pinpoints the problems with many current mainstream theories and sets out new agendas for research. Here, Maria Brouwer argues that market competition is not about adapting to changes from outside, but is driven by human motivation and goal directed behavior. This gives managerial skills, which do not traditionally have a significant place in mainstream economic theory, a key role. It also highlights the need for organizations that have a motivational culture and appreciate human capital. This differs from the traditional view of the firm as a production function dictated by technology. Brower argues that organizations should be depicted as voluntary associations of people that pursue goals of their own, while firms compete on markets, where relative performance determines their fate. This argument builds on older theories of innovation and market competition that live on in business school curricula, and paints a picture of an economy directed by individuals and firms. This signals a bold departure from standard economic thinking.