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Reporting on cutting-edge advances in economics, this book presents a selection of commentaries that reveal the weaknesses of several core economics concepts. Economics is a vigorous and progressive science, which does not lose its force when particular parts of its theory are empirically invalidated; instead, they contribute to the accumulation of knowledge. By discussing problematic theoretical assumptions and drawing on the latest empirical research, the authors question specific hypotheses and reject major economic ideas from the “Coase Theorem” to “Say’s Law” and “Bayesianism.” Many of these ideas remain prominent among politicians, economists and the general public. Yet, in the light of the financial crisis, they have lost both their relevance and supporting empirical evidence. This fascinating and thought-provoking collection of 71 short essays written by respected economists and social scientists from all over the world will appeal to anyone interested in scientific progress and the further development of economics.

Economics. --- Economic history. --- Popular Science in Economics. --- History of Economic Thought/Methodology.

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Reporting on cutting-edge advances in economics, this book presents a selection of commentaries that reveal the weaknesses of several core economics concepts. Economics is a vigorous and progressive science, which does not lose its force when particular parts of its theory are empirically invalidated; instead, they contribute to the accumulation of knowledge. By discussing problematic theoretical assumptions and drawing on the latest empirical research, the authors question specific hypotheses and reject major economic ideas from the “Coase Theorem” to “Say’s Law” and “Bayesianism.” Many of these ideas remain prominent among politicians, economists and the general public. Yet, in the light of the financial crisis, they have lost both their relevance and supporting empirical evidence. This fascinating and thought-provoking collection of 71 short essays written by respected economists and social scientists from all over the world will appeal to anyone interested in scientific progress and the further development of economics.

Economics. --- Economic history. --- Popular Science in Economics. --- History of Economic Thought/Methodology.

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This book reveals all that can potentially happen when a private company takes over a local water supply system, both the good and the bad. Backed by real life stories of water privatization in action, author Manuel Schiffler presents a nuanced picture free of spin or fear mongering. Inside, readers will find a detailed analysis of the multiple forms of water privatization, from the outright sale of companies to various forms of public-private partnerships. After covering their respective strengths and weaknesses, it then compares them to purely publicly managed water utilities. The book examines the privatization and the public management of water and sewer utilities in twelve countries: the United States, the United Kingdom, France, Germany, the Philippines, Cambodia, Egypt, Jordan, Uganda, Bolivia, Argentina and Cuba. Readers will come to understand how and why some utilities failed while others succeeded, including some that substantially increased access, became more efficient and improved service quality even in the poorest countries of the world. It is natural that a private company taking over a local water supply system causes both fear and worry for consumers. With the aid of solid empirical evidence, this book argues that who manages the system is only half the story. Rather, it is the corporate culture of the utilities and the political culture of where they operate that more often than not determines performance and how well a community is served.

Science (General). --- Development Economics. --- Popular Science. --- Popular Science in Economics / Management. --- Water Policy/Water Governance/Water Management. --- Finance/Investment/Banking. --- Water-supply --- Water resources development --- Management. --- Finance. --- Popular works. --- Environmental management. --- Economics. --- Development economics. --- Finance, general. --- Popular Science in Economics. --- Economics --- Economic development --- Funding --- Funds --- Currency question --- Environmental stewardship --- Stewardship, Environmental --- Environmental sciences --- Management --- Economic theory --- Political economy --- Social sciences --- Economic man

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This book offers a fascinating overview of the challenges posed by the world’s new geostrategic order and likely future directions. It opens with an unconventional view of the Arab Spring, identifying its origins in the relative US withdrawal from the Middle East caused by both the need for military disengagement for economic reasons and the discovery of shale gas and tight oil in the heart of the North American continent. The rise in the geostrategic importance of Putin’s Russia is explored in this context. The implications of the worldwide economic crisis are analyzed in depth: the author’s interpretation is that the world is entering a phase of unstable growth generated by hyperfinancialization and deflation. Against this background, the book explores the US attempt to trigger growth through the Transatlantic Trade and Investment Partnership, the impact of the Trans-Pacific Partnership (based on the US-Australia military alliance) in restraining China’s advance, and the potential for Africa to become the driver of the world’s economic future if it can resist Chinese penetration and continue the nation-building process.

Popular Science. --- Popular Science in Economics / Management. --- Political Economy. --- International Economics. --- Economic Geography. --- Energy Policy, Economics and Management. --- Science (General). --- Geography. --- International economics. --- Géographie --- Globalization --- Economic aspects. --- Popular works. --- Energy policy. --- Energy and state. --- Political economy. --- Economic geography. --- Economics. --- Popular Science in Economics. --- International Political Economy. --- Cosmography --- Earth sciences --- World history --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economic policy --- International relations --- Economic sanctions --- Economic theory --- Political economy --- Social sciences --- Economic man --- Energy and state --- Power resources --- State and energy --- Industrial policy --- Energy conservation --- Geography, Economic --- World economics --- Geography --- Commercial geography --- Government policy

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This book explores the steady decline in the status of the individual in recent years and addresses common misunderstandings about the concept of individuality. Drawing from psychology, neuroscience, technology, economics, philosophy, politics, and law, White explains how and why the individual has been devalued in the eyes of scholars, government leaders, and the public. He notes that developments in science have led to doubts about our cognitive competence, while assumptions made in the humanities have led to questions about our moral competence. In this book, White goes on to argue that both of these views are mistaken and that they stem from overly simplistic ideas about how individuals make choices, however imperfectly, in their interests, which are multifaceted and complex. In response, he proposes a new way to look at individuals that preserves their essential autonomy while emphasizing their responsibility to others, inspired by the moral philosophy of Immanuel Kant and the legal and political philosophy reflected in the Bill of Rights to the U.S. Constitution. This book explains how individuality combines both rights and responsibilities, reconciles the popular yet false dichotomy between individual and society, and provides the basis for a humane and respectful civil society and government. This book is part of White's trilogy on the individual and society, which includes The Manipulation of Choice and The Illusion of Well-Being.

Popular works. --- Social sciences --- Microeconomics. --- Social policy. --- Popular Science. --- Popular Science in Economics. --- Social Policy. --- Social Philosophy. --- Philosophy. --- Autonomy. --- Independence --- Self-government --- International law --- Political science --- Sovereignty --- Social sciences-Philosophy. --- National planning --- State planning --- Economic policy --- Family policy --- Social history --- Price theory --- Economics --- Economics. --- Social sciences—Philosophy. --- Economic theory --- Political economy --- Economic man