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Nobel Laureates

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ISBN-10: 0071356142

ISBN-13: 9780071356145

Edition: 2001

Authors: Marilu Hurt McCarty

List price: $29.95
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Book details

List price: $29.95
Copyright year: 2001
Publisher: McGraw-Hill Trade
Binding: Hardcover
Pages: 397
Size: 6.00" wide x 9.00" long x 1.25" tall
Weight: 1.738
Language: English

The Nobel Prize Winners in Economic Sciences
Introductionp. 1
The Rationalist and Individual Choicep. 5
Rational People Do Good Thingsp. 7
The Dangers of Big Government, Firsthandp. 17
Explaining Our Social Relationshipsp. 23
Questioning Neoclassical Theoryp. 32
Limits to Rationality and the Role of Governmentp. 37
Individual Rationality and Collective Irrationalityp. 39
The Tension Between Individual and Social Welfarep. 49
A Better Way to Handle Externalitiesp. 62
Is There Room in Economics for Ethics?p. 73
Measuring to Understandp. 81
Business Cycles and Dynamic Analysisp. 83
Balancing Realism With Simplicityp. 94
Acknowledging and Incorporating Errorsp. 99
Probability in Econometric Modelsp. 104
Artificial Intelligence, Expert Systems, and Policy Wonksp. 107
When Cycles Become Depressionsp. 111
Business Cycles and the Unemployment-Inflation Trade-Offp. 113
When Government Involvement Interferes With Economic Efficiencyp. 132
Holding Money Is the Reverse of Money Turnoverp. 145
The Perverse Effects of Expectationsp. 152
How Does Economic Policy Work in the Real World?p. 161
The Model Buildersp. 167
Everything Depends on Everything Elsep. 169
Filling the Theoretical Boxesp. 177
The Building Blocks of Income, Employment, and Pricesp. 185
Documenting National Income and Growthp. 192
Economic Growth and Developmentp. 201
The Theory Underlying Economic Growthp. 203
Accounting for Human Capital Investmentp. 217
Bringing Economic Development to Poor Nationsp. 226
Using Econometrics to Explain Economic Developmentp. 234
Development Issues for the Mature Economyp. 241
Financing Growth-Promoting Investmentsp. 249
Historical Perspectivesp. 251
Explaining a Firm's Financing Decisionp. 266
Incorporating Time in the Financial Decisionp. 272
Globalizing Resource Allocationp. 281
Combining Public Investment With Private Investment to Promote Growthp. 297
Society's Institutions: Their Origins and Potential for Changep. 311
People's Interactions Are Like Gamesp. 313
Some Games Are Improved by Bargainingp. 329
Games Without Full Information Require Use of Probabilitiesp. 340
How Institutions Have Evolvedp. 349
Changing One "Peculiar" Institutionp. 356
Conclusionp. 361
Notesp. 371
Further Readingp. 381
Indexp. 389
Table of Contents provided by Blackwell. All Rights Reserved.