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Orthodox versus heterodox economics
Clive L. Spash

obsessing about mainstream ideas and approaches to the exclusion of their own. This is evident in their citation of orthodox, more than heterodox, literature (Dolfsma and Leydesdorff 2008 ). In the USA, for example, heterodox economics has been identified with a concentration of research activity in five areas – microeconomic theory; macroeconomic theory; labour theory; history of thought; and industrial organisation

in Foundations of social ecological economics
Open Access (free)
Stan Metcalfe
and
Alan Warde

9 Conclusion Stan Metcalfe and Alan Warde In conclusion we draw together and evaluate a number of the themes raised in this volume and begin to sketch an agenda for future research about markets and the competitive process. Happily, this book resides within a now-flourishing broader stream of ideas at the interface between economics and sociology. Some of this new work signals the resurrection of economic sociology, while other aspects of it emanate from within the literature on innovation processes and, more generally, from evolutionary economics. There has

in Market relations and the competitive process
Abstract only
Introduction
Mike Buckle
and
John Thompson

. The benefits and dangers of HFT are discussed in the ‘Foresight’ report commissioned by the UK government (Government Office for Science 2012 ). We give below a summary of its main conclusions. Chapter 3 of that report presents an excellent survey of the literature. Broadly speaking, any beneficial impacts on market quality have come from three sources: liquidity, price

in The UK financial system (fifth edition)
Clive L. Spash

where concerns over colonisation arise, as emphasised by the post-development literature, because existing traditional sustainable economies have been systematically destroyed in the name of development. Traditional versus modern economies The concept of a social metabolism is used in ecological economics, and industrial ecology, to capture the need of any human society for materials and energy, in the same way that any

in Foundations of social ecological economics
The preanalytic vision
Clive L. Spash

2022 ). As Pollini ( 2013 ) argues, the necessity here is for Nature, culture and their interactions to be distinctly conceptualised so as to avoid both the naturalisation of culture and society, as in sociobiology, and the culturalisation of Nature, as in postmodern literature on hybrid Nature. The objectives of economics and economies An old tradition regards the core of economics as determining the

in Foundations of social ecological economics
Abstract only
Frugality, de-growth and Voluntary Simplicity
Alison Hulme

, literature, critique, policy, movement, way of life and attack on the ideology of economic growth (2015). Based on the accumulated work of the thinkers mentioned above, de-​ growth is a radical critique of neo-​classical thinking on economic growth. As Andreonia and Galmarini say, the de-​growth paradigm ‘proposes a solution that consists of reducing the scale of the socio-​economic system to fit within the biophysical limits of the planet’ (2013:65). Perhaps most importantly, de-​ growth insists upon the incompatibility of consumer capitalism and ecological sustainability

in A brief history of thrift
Cheolung Choi

practices of individuals. 9 In Korea, as neoliberal financialisation has developed since 2000, individuals have been incorporated into global financial networks and financial rationality has taken root as a new ethic of subjectivity. 10 This emphasis in the literature on the production of subjectivity is much needed. However, there is a tendency in the governmentality literature to overlook the emotional

in Clickbait capitalism
Clive L. Spash

advance in this book is associated primarily with two works by Roy Bhaskar ( 1975 [2008 ]; 1979 ), and a literature developed further by others (e.g., Collier 1994a ; Danermark et al. 2019 ; Sayer 2000 ; 2010 ). It theorises the connection between the empirical and underlying structure and mechanisms in what is termed a depth ontology (Collier 1994a : 42–45). Critical realism steers a path between both naive objectivism

in Foundations of social ecological economics
Open Access (free)
Oonagh McDonald

be questioned. 15 Lo reiterated this view in his contribution to The New Palgrave: A Dictionary of Economics almost a decade later, but added that the EMH might be a way of gauging the efficiency of a particular market relative to other markets, such as futures vs. spot markets, or auction vs. dealer markets. He also pointed to ‘several new strands of literature’ based on ‘more realistic assumptions’ including ‘psychological approaches to risk-taking behaviour’. 16 More of that

in Lehman Brothers
Benjamin Franklin, Samuel Smiles and Victorian moralism
Alison Hulme

that saw other contributing factors melt away. Matthew Garrett, for example, reminds us of how the lack of presence of Franklin’s (well-​off and socially prominent) mother in his autobiography speaks of ‘the chasm between Franklinian success and the social cost of the competition on which it is based’ (2013:519). Dickens, Wharton and other social critics of the ‘gilded age’ Franklin’s influence in the area of economic responsibility spread far and can be witnessed not least in the literature of the era and those that directly followed, that capture this new

in A brief history of thrift