Beyond the Invisible Hand : Groundwork for a New Economics /
One of the central tenets of mainstream economics is Adam Smith's proposition that, given certain conditions, self-interested behavior by individuals leads them to the social good, almost as if orchestrated by an invisible hand. This deep insight has, over the past two centuries, been taken out...
| Autor principal: | |
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| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Princeton, NJ :
Princeton University Press,
2010.
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| Colección: | Book collections on Project MUSE.
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| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Cover
- Contents
- Preface
- Chapter 1 In Praise of Dissent
- Discontent and Discourse
- Smith's Myth
- The Lay of the Land
- On Understanding
- Chapter 2 The Theory of the Invisible Hand
- Competition and Social Welfare
- The Standard Critiques
- Chapter 3 The Limits of Orthodoxy
- The Dual Interpretation
- Evolving Feasible Set
- Evolving Preference
- Social Norms and Culture
- A Comment on Incentive Compatibility
- On Methodological Individualism
- On Knowledge
- Chapter 4 The Economy according to Law
- Kafka's Invisible Hand
- Law's Economy: The Standard View
- The Law as Focal Point
- Implications of the Focal View of Law
- A Game-Theoretic Illustration of Law as Focal Point
- A Research Agenda
- Chapter 5 Markets and Discrimination
- Do Free Markets Reduce Discrimination?
- The Literature
- The Self-Reinforcement of Productivity
- The Entrepreneur
- Toward a New Theoretical Model
- Appendix: Aptitude Test Administered to Slum Children at Anandan in Calcutta
- Chapter 6 The Chemistry of Groups
- Identity and Methodological Individualism
- The Ingredients of Theory
- Altruism, Trust, and Development
- The Janus Face of In-group Altruism
- The Malignancy of Identity
- Chapter 7 Contract, Coercion, and Intervention
- Principle of Free Contract
- Coercion and Voluntariness
- The Large Numbers Argument
- Acts and Rules
- Multiple Equilibria
- Domains of Intervention
- Chapter 8 Poverty, Inequality, and Globalization
- Governance and the Globe
- Inequality
- Some Facts of Globalization
- Some Analytics of Globalization
- Inequality and Poverty: The Quintile Axiom
- Poverty-Minimizing Inequality, with or without Globalization
- Policy Implications
- Chapter 9 Globalization and the Retreat of Democracy
- Democracy in Deficit
- Globalization and Influence
- Dollarization and Democracy
- Democratic Global Institutions
- Chapter 10 What Is to Be Done?
- Interpreting the World and Changing It
- The 'Environmental Case' against Inequality
- Despair and Hope
- Notes
- References
- Index
- A
- B
- C
- D
- E
- F
- G
- H
- I
- J
- K
- L
- M
- N
- O
- P
- Q
- R
- S
- T
- U
- V
- W
- X
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