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Basically Being A Study Of How A Society Organises Its Money, Economics Continuously Enhances In Scope As New Economic Policies Are Formulated Every Year By All Countries Across The World. Accordingly, New Terms Keep Cropping Up Frequently Which Make The Subject All The More Obscure And Difficult. With A View To Make The Subject Easily Comprehensible For Students Specialising In The Field And Also The Common Man Who Are Directly Or Indirectly Related To It, The Dictionary Of Economics Has Been Prepared.Aiming At Maximum Inclusion Of Words Both Conventional And Latest, The Present Dictionary Provides In Brief The Exact Explanation Of Chosen Terminology In A Language Deliberately Kept Simple, So As To Enable The Users To Understand Them At Once. Apart From This, It Has Been Skilfully Designed Such That Even The Less Experienced Or Intelligent Users May Locate The Desired Terms Without Difficulty. The Unique Feature That Distinguishes It From Other Dictionaries On The Subject Is That It Introduces The Readers To The Leading Economists Of The World And Their Theories As Well. This Dictionary Will Prove Indispensable To The Students And Teachers Of Economics. Even The Business People As Well As General Readers, Who Want To Keep Abreast Of The Latest Economic Trends That Influence Almost Every Aspect Of Modern Life, Will Find It A Valuable Source.

In this political biography, John McDougall argues that the successes and failures of Eric Kierans' public life provide insights into the policy dilemmas that Canada faces in attempting to remain a united and independent country. Since his first political appointment as a minister in Jean Lesage's Quebec government in the early 1960s Kierans has consistently addressed the issues dominating Canadian public life for the past thirty years.

The Ethics of Economic Responsibility raises fundamental ethical questions related to the conceptualization of economic responsibility, that is: the imperative to fulfil certain economic obligations. It builds on a basic characterization of the question of ethics in order to introduce responsibility as a constitutive element for a new determination of economic knowledge. Drawing on the metaphysical tradition of philosophy, the book explores the distinction between "operability-based-responsibility" and "end-in-itself-based responsibility" and also considers what is tentatively called "being-related responsibility". By presenting these arguments about the notion of economic responsibility, the book contributes to the growing calls for ethical questions to not be merely complementary to the ongoing discourse of economic sciences, but rather to sit at its core, in such a way as to restore the intrinsic ethical dimension of economics itself. The book marks a significant contribution to the literature on the philosophy of economics, applied ethics more broadly, and the critical discourse concerning mainstream economics.

Japanese economists began publishing scientific papers in renowned journals including Econometrica in the 1950s and had made their significant contributions to the sophistication of general equilibrium analysis by intensive use of a variety of mathematical instruments. They had contributed significantly to the transformation of neoclassical economics. This book examines how it became possible for Japanese economists to do so by shedding light on the "professional" discussion of the international gold standard and parity policies in the early twentieth century, the acceptance of "mathematical economics" in the following period, the impact of establishment of the Econometric Society (1930), and the swift distribution of theory-oriented economics journals since 1930. This book also includes topics on the historical research of the Japanese foundations of modern economics, the transformation of the economics of Keynes into Keynesian economics, Japanese developments in econometrics, and Martin Bronfenbrenner's visit to Japan in the post-WWII period. This book provides insight into the economic research done by Japanese scholars in the international context. It traces how, during the period 1900-1960, economics was harmonized with economics and a standard economics was re-shaped on the basis of mathematics thanks to economists' appetite for rigor and will help to contribute to existing literature.

Modern Economic Theory is a critique on how monetary revolution across the globe is changing the course of world economies, financial systems and markets. Beginning with discussion on price theory and microeconomics, this classic textbook progresses to describe comprehensively, theory of income and employability or macroeconomics, money and banking, international economies and public finance. Economic systems, economics of development and planning and economies of welfare provide a clear idea about recent developments in and criticism of compensation principle, market structures and social welfare. It adequately meets the requirements of the BA and B.Com courses (Pass and Honours). In addition, postgraduate students of Arts and Commerce and aspirants of various competitive examinations will also find the book very useful and informative.

The financial crisis of 2008 has revived interest in economic scholarship from a historical perspective. The most in depth studies of the relationship between economics and history can be found in the work of the so-called German Historical School (GHS). The influence of the GHS in the USA and Britain has been well documented, but far less has been written on the rest of Europe. This volume studies the interconnection between economic thought and economic policy from the mid-nineteenth century to the interwar period. It examines how the School’s ideas spread and was interpreted in different European countries between 1850 and 1930, analysing its legacies in these countries. In doing so, the book is able to trace the interconnection between economic thought and economic policy, adding new voices to the debate on the diffusion of ideas and flow of knowledge. This book identifies issues related to topics such as nationalism and cosmopolitanism in the history of ideas and clarifies themes in policy making that are still currently debated. These include monetary policy and benefits of free trade for all parties involved in international exchanges. This book will be of a great interest to those who study history of economic thought, economic theory and political economy.

The book responds to the need for greater clarity regarding the relationship between descriptive, evaluative and prescriptive approaches within positive and normative economics. It also analyses the entanglement between evaluative and prescriptive perspectives within several theoretical frameworks in normative economics such as social choice theory, the capability approach, behavioural welfare economics and various theories of justice. It provides a forum for discussion between various schools of economic thought and several theoretical frameworks on the relationship between the study of facts, norms and values, with particular emphasis on classical political economy, the Marxian school of economics, the Frankfurt School, the Austrian school, the Chicago school, rational choice theory, expected utility theory, behavioural economics, experimental economics, development economics, welfare economics, public economics, constitutional political economy, the capability approach and politico-economic theories of justice. Given the scope of questions treated in this book, it will be of interest to economists, historians of economic thought, political philosophers and philosophers of science, especially those interested in the philosophy and epistemology of economics.