Search Results for dead-in-the-short-run

Rather, the neo-liberal turn restored the legitimacy of parliamentary government, at least in the short and medium terms. The centralization of power and the disciplining of society that neo-liberalism encourages may create, over time, ...

Author: Timothy Lewis

Publisher: UBC Press

ISBN: 9780774845267

Category: Political Science

Page: 288

View: 756

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In The Long Run We're All Dead: The Canadian Turn to Fiscal Restraint offers the first comprehensive scholarly account of this vital public policy issue. Lewis deftly analyzes the history of deficit finance from before Confederation through Canada's postwar Keynesianism to the retrenchment of the Mulroney and Chr�tien years. In doing so, he illuminates how the political conditions for Ottawa's deficit elimination in the 1990s materialized after over 20 consecutive years in the red, and how the decline of Canadian Keynesianism has made way for the emergence of politics organized around balanced budgets.
2007-10-01 By Timothy Lewis

Over the long run we are all dead, and the long run is but a succession of short runs. What counts is how you make out in each of those short runs. Lillian: Granted all of us are ultimately responsible for inflation, wouldn't you say ...

Author: Robert S. Ozaki

Publisher:

ISBN: MINN:319510010517785

Category: Economics

Page: 115

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1979 By Robert S. Ozaki

—Ludwig von Mises (1980: 7) Keynes is famous for his cavalier statement, “In the long run we are all dead. ... For example, deficit spending may stimulate certain sectors of the economy in the short run, but what will be the impact in ...

Author: Mark Skousen

Publisher: M.E. Sharpe

ISBN: 9780765628275

Category: Biography & Autobiography

Page: 512

View: 424

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Here is a bold history of economics - the dramatic story of how the great economic thinkers built today's rigorous social science. Noted financial writer and economist Mark Skousen has revised and updated this popular work to provide more material on Adam Smith and Karl Marx, and expanded coverage of Joseph Stiglitz, 'imperfect' markets, and behavioral economics.This comprehensive, yet accessible introduction to the major economic philosophers of the past 225 years begins with Adam Smith and continues through the present day. The text examines the contributions made by each individual to our understanding of the role of the economist, the science of economics, and economic theory. To make the work more engaging, boxes in each chapter highlight little-known - and often amusing - facts about the economists' personal lives that affected their work.
2015-05-18 By Mark Skousen

critique developed with a particular understanding of the trajectory of history and politics, is to open a window on the structure and function of Keynesian political economy, the most influential form of this thinking in our own time.

Author: Geoff Mann

Publisher: Verso Books

ISBN: 9781784786014

Category: Political Science

Page: 432

View: 965

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A groundbreaking debunking of moderate attempts to resolve financial crises In the ruins of the 2007–2008 financial crisis, self-proclaimed progressives the world over clamoured to resurrect the economic theory of John Maynard Keynes. The crisis seemed to expose the disaster of small-state, free-market liberalization and deregulation. Keynesian political economy, in contrast, could put the state back at the heart of the economy and arm it with the knowledge needed to rescue us. But what it was supposed to rescue us from was not so clear. Was it the end of capitalism or the end of the world? For Keynesianism, the answer is both. Keynesians are not and never have been out to save capitalism, but rather to save civilization from itself. It is political economy, they promise, for the world in which we actually live: a world in which prices are ‘sticky’, information is ‘asymmetrical’, and uncertainty inescapable. In this world, things will definitely not take care of themselves in the long run. Poverty is ineradicable, markets fail, and revolutions lead to tyranny. Keynesianism is thus modern liberalism's most persuasive internal critique, meeting two centuries of crisis with a proposal for capital without capitalism and revolution without revolutionaries. If our current crises have renewed Keynesianism for so many, it is less because the present is worth saving, than because the future seems out of control. In that situation, Keynesianism is a perfect fit: a faith for the faithless.
2017-01-01 By Geoff Mann

Keynes's best-known saying is surely “In the long run we are all dead. ... based on the theorems of long-dead economists. And it is a total fallacy that, as Keynes implies, optimizing the short term creates the right long-term future.

Author: Peter Drucker

Publisher: Routledge

ISBN: 9781351294546

Category: Social Science

Page: 466

View: 279

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Periods of great social change reveal a tension between the need for continuity and the need for innovation. The twentieth century has witnessed both radical alteration and tenacious durability in social organization, politics, economics, and art. To comprehend these changes as history and as guideposts to the future, Peter F. Drucker has, over a lifetime, pursued a discipline that he terms social ecology. The writings brought together in The Ecological Vision define the discipline as a sustained inquiry into the man-made environment and an active effort at maintaining equilibrium between change and conservation. The chapters in this volume range over a wide array of disciplines and subject matter. They are linked by a common concern with the interaction of the individual and society, and a common perspective that views economics, technology, politics, and art as dimensions of social experience and expressions of social value. Included here are profiles of such figures as Henry Ford, John C. Calhoun, Soren Kierkegaard, and Thomas Watson; analyses of the economics of Keynes and Schumpeter;and explorations of the social functions of business, management, information, and technology. Drucker's chapters on Japan examine the dynamics of cultural and economic change and afford striking comparisons with similar processes in the West. In the concluding chapter, "Reflections of a Social Ecologist," Drucker traces the development of his discipline through such intellectual antecedents as Alexis de Tocqueville, Walter Bagehot, and Wilhelm von Humboldt. He illustrates the ecological vision, an active, practical, and moral approach to social questions. Peter Drucker summarizes a lifetime of work and exemplifies the communicative clarity that are requisites of all intellectual enterprises. His book will be of interest to economists, business people, foreign affairs specialists, and intellectual historians.
2017-09-08 By Peter Drucker

there, and the community was destroyed at about that time. Therefore Vespasian must have ... By the time Vespasian had his troops surrounding Jerusalem, only a short time after he had tested the Dead Sea by throwing soldiers in it to ...

Author:

Publisher:

ISBN: UVA:X001477007

Category: Dead Sea scrolls

Page:

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1988 By

LONG RUN uid - owners must wait awhile before buyers can be found . The only asset that is completely ... ( This is what Keynes meant by his famous phrase “ In the long - run , we are all dead . " ) But the term can also have a very ...

Author: Susan Lee

Publisher: Simon & Schuster

ISBN: UCSC:32106007641969

Category: Business & Economics

Page: 224

View: 406

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Explains the major theories, concepts, and terms of modern economics from absolute advantage to zero-sum game, and identifies influential economists
1987 By Susan Lee

PAS Working Paper 7 July 1988 ABSTRACT Monetarism is Dead : Long Live the Quantity Theory William G. Dewald Monetary ... directed at long - run stabilility of the general level of prices but not at offsetting undesired short - term ...

Author: William G. Dewald

Publisher:

ISBN: IND:30000105070654

Category: Monetary policy

Page: 21

View: 704

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In the long run we are all dead, but the long run is just a combination of short runs; they cannot be separated. blended into a composite framework in which both supply and demand influence longrun and short-run forces. In the long run ...

Author: Colander

Publisher: McGraw Hill

ISBN: 9781526815002

Category: Business & Economics

Page:

View: 272

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Ebook: Economics
2016-09-16 By Colander

Others claim that it is dead in the long run but not in the short run. A short-run tradeoff with no long-run tradeoff is explained by the theory of rational expectations. According to its proponents (the accelerationists) the tradeoff ...

Author: Edward J. O'Boyle

Publisher: Springer Science & Business Media

ISBN: 9781475761672

Category: Business & Economics

Page: 230

View: 356

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Personalist Economics: Moral Convictions, Economic Realities, and Social Action examines the nature of the worker and consumer from a personalist perspective, comparing that body of knowledge to what is received from conventional economics. A running theme throughout this book is that personalist economics is attentive to both aspects of human material need - physical need and the need for work as such - in a way that does not disregard human wants. Accordingly, this book is more concerned about the philosophical base and description of the economy's significant characteristics than social economic policy. Personalist Economics explores four dimensions of particularly acute human physical need: unemployment, poverty, homelessness, and death. In addressing these four aspects of need, the book delves into the second and third domains of social economics: description of the significant characteristics of the economy, and social economic policy. In the same way, Personalist Economics explores two types of economic cooperation - supra-firm alliances and inter-firm partnerships - as means for addressing certain aspects of human material need. This book concludes with a lengthy discussion of the challenges facing personalist economics in the years ahead.
2013-03-14 By Edward J. O'Boyle