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On the Search for Well-Being.
This book takes on one of the great questions of the day: Why are some countries enormously rich and others so heartbreakingly poor? Henry J. Bruton organizes the discussion around three basic ideas. The first is that well-being reflects not only the availability and distribution of goods and servic...
| Clasificación: | Libro Electrónico |
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| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
University of Michigan Press
2010.
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| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Preface; 1. Economics and Economic Development; The Great Question; All Countries Should Have Equal Labor Productivity: An Argument; Why All Countries Do Not Have Equal Labor Productivity: An Argument; On the Definition of Economics; The Rest of the Book; 2. The Search for Well-Being; Well-Being: Its Definition and Content; The Development Objective; The Search for Better Preferences; Social Choice: Its Impossibility and Necessity; Summary; 3. Growth Theory and Stylized Facts; Three Approaches to Growth Theory: A Reminder; What Is to Be Explained: Facts and Semifacts.
- More on Productivity Growth4. A Way to Think about Growth; The Growth Process; The Role of Factor Prices and Technological Information; A Time Path through Capital and Productivity Space; The Role of Capital Formation; The Capital Goods Sector; Some Macro Issues; The Big Picture: A Summary; 5. Employment; A Preliminary: The Labor Market; The Roles of Employment; Work as a Source of Well-Being; Demand for Labor; Is It All Pie in the Sky?; 6. Entrepreneurship; The Entrepreneur as the Source of the Idea of Progress; The Entrepreneur as Perceiver and Exploiter of a Specific Profit Opportunity.
- The Entrepreneur as Searcher, Learner, and ChangerConclusions on Entrepreneurship; 7. Foreign Transactions; Development Strategies: Import Substitution and Outward Orientation; The Foreign Sector and Productivity Growth; On Importing Knowledge; Openness and Preference Development; Conclusion; 8. A Form of Protection; The Undervalued Exchange Rate Form of Protection; Can All Developing Countries Have an Undervalued Exchange Rate?; The Outcome; Conclusion; 9. The Roles of the Government and the Market; The Present Policy Debate; Creating the Idea of Progress; Policy-Making and Policy Change.
- Government and Better PreferencesA Brief Conclusion; Epilogue: Another Great Question and More Ignorance; References; Index.