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The Theory Of Value, Capital And Interest : A New Approach

RRP $326.99

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In The Theory of Value, Capital and Interest, Branko Horvat puts forward a new economic theory, relevant to real-world economics. This radical and innovative book deals with the economy as a system which includes producers, consumers and a social regulating agency, rather than simply as an aggregate of individuals.
Beginning with an essay on economic methodology which analyses the underpinnings of neoclassical economics, the author presents a two-sector canonical model which is used to establish equilibrium prices and quantities in a stationary and growing economy. This thesis distinguishes two sources of growthexpansion of the labour force and technological progress - and also discusses criteria for investment. Later chapters extend Professor Horvat's model to include joint production and rent, and present a general case which allows for many consumer and producer goods.
By introducing a new economic paradigm - and in so doing offering a solution to the long-standing labour theory of value controversy - this book makes a series of important innovations and will be welcomed as a major contribution by neo-Ricardians, Marxists, post-Keynesians and critical neoclassicals.


A Matter Of Interest

RRP $387.99

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In terms of economics, the twenty-first century promises to be one of experiments and mixed economies that display features of both a private enterprise market and an intrusive government sector. To fully understand this coming trend, William Hixson presents this study of the U.S. economy since World War I and its experiments with mixed economics. Hixson describes how the largely laissez-faire economy prior to 1929 was so structured to make a crisis of illiquidity and overindebtedness inevitable, and how the mixed economy that has prevailed since World War II is structured to result in a similar crisis. His work challenges the generally accepted views of both U.S. and Marxist economists. Following a brief introduction that outlines Hixson's approach and theoretical framework, the book begins with a seven-chapter study of the basic operating principles and procedures of a laissez faire economy. The next three chapters examine the Great Crash of 1929 and how it was a predictable outcome of the U.S. economy's operation in a laissez-faire mode. A set of four chapters then analyze the emergence of the government sector as an increasingly significant factor, and the evolution and institutionalization of mixed economy. The last set of chapters considers the past four decades of a mixed economy and why it lacks long-term viability, while the concluding two chapters suggest changes in operating principles and financial practices to make the mixed economy a viable one. This work will be a valuable resource for professionals involved in all types of financial and investing fields, as well as for students and scholars of economics and national economies.


Keynes' General Theory Of Interest

RRP $610.99

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The theory of interest is one of the most controversial areas in economic theory. In "Keynes' General Theory of Interest," Fiona Maclachlan revives Keynes' largely discredited liquidity preference of interest theory, providing an original and rigorously reasoned restatement of it. Drawing inspiration from Keynes' original thoughts, she offers a reformulation of this crucial theory to allow more precise definitions of liquidity and liquidity preference.
Any theory that is relevant to modern economics must take account of the motivations of speculative wealth-holders and show how they interact with time preferences of savers and the capital productivity considerations of producer-investors. Maclachlan reaches the innovative conclusion that liquidity preference can explain the existence of interest on its own, while time preference and capital productivity cannot. This result is reinforced with a model that shows how speculative wealth-holders under assumptions plausible for an economy with developed financial institutions can dominate over savers and producer-borrowers in determining the level of interest.
The central argument of this study is supported by Keynes' writings, particularly those in his published correspondence. The book draws on the methodological tenets of the Austrian school, and is grounded firmly both in the history of economic thought and in real world economic institutions. It is the insights drawn upon in this book, rather than those which have been developed in the Keynesian literature, that Keynes himself considered the most important.


I Can Make A Bunch Of Flowers

RRP $23.99

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Each book in this series presents a different easy-to-make craft activity to complete at school or home. Using simple text and step-by-step instructions alongside clear, labelled photographs, this book shows how to make artificial roses and poppies out of a selection of different household materials.


Security, Identity And Interests

RRP $34.99

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Bill McSweeney addresses the central problem of international relations - security - and constructs a novel framework for its analysis. He argues for the unity of the interpersonal, societal and international levels of human behaviour and outlines a concept of security which more adequately reflects the complexity and ambiguity of the topic. This book introduces an alternative way of theorizing the international order, within which the idea of security takes on a broader range of meaning, inviting a more critical and interpretative approach to understanding the concept and formulating security policy. The recent shift to sociology in international relations theory has not as yet realized its critical potential for the study of security. Drawing on contemporary trends in social theory, Dr McSweeney argues that human agency and moral choice are inherent features of the construction of the social and thus international order, and hence of our conception of security and security policy.



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Finance Solutions Books

Finding Finance Credit Union Finance Loan Loans
Refinance Tips Bad Credit Credit Lenders Mortgage Lenders
Low Interest Mortgage Refinance Finance Charges Home Mortgage
Finance Specialist Car Finance Secured Loan Unsecured Loan

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