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Free Market Economics, Third Edition - An Introduction for the General Reader (Paperback, 3rd Revised edition): Steven Kates Free Market Economics, Third Edition - An Introduction for the General Reader (Paperback, 3rd Revised edition)
Steven Kates
R895 Discovery Miles 8 950 Shipped within 7 - 12 working days

In this thoroughly updated third edition of Free Market Economics, Steven Kates assesses economic principles based on classical economic theory. Rejecting mainstream Keynesian and neoclassical approaches even though they are thoroughly covered in the text, Kates instead looks at economics from the perspective of an entrepreneur making decisions in a world where the future is unknown, innovation is a continuous process and the future is being created before it can be understood. Key Features include: * analysis derived from the theories of pre-Keynesian classical economists, as this is the only source available today that explains the classical pre-Keynesian theory of the business cycle * a focus on the entrepreneur as the driving force in economic activity rather than on anonymous `forces' as found in most economic theory today * introduces a powerful though simplified model to explain the difference between modern theory of recession and classical theory of the business cycle * great emphasis is placed on the consequences of decision making under uncertainty * offers an introductory understanding, accessible to the non-specialist reader. The aim of this book is to redirect the attention of economists and policy makers towards the economic theories that prevailed in earlier times. Their problems were little different from ours but their way of understanding the operation of an economy and dealing with those problems was completely different. Free Market Economics, Third Edition will help students and general readers understand classical economic theory, written by someone who believes that this now-discarded approach to economic thought was superior to what is found in most of our textbooks today.

Free Market Economics, Third Edition - An Introduction for the General Reader (Hardcover, 3rd Revised edition): Steven Kates Free Market Economics, Third Edition - An Introduction for the General Reader (Hardcover, 3rd Revised edition)
Steven Kates
R2,791 Discovery Miles 27 910 Shipped within 7 - 12 working days

In this thoroughly updated third edition of Free Market Economics, Steven Kates assesses economic principles based on classical economic theory. Rejecting mainstream Keynesian and neoclassical approaches even though they are thoroughly covered in the text, Kates instead looks at economics from the perspective of an entrepreneur making decisions in a world where the future is unknown, innovation is a continuous process and the future is being created before it can be understood. Key Features include: * analysis derived from the theories of pre-Keynesian classical economists, as this is the only source available today that explains the classical pre-Keynesian theory of the business cycle * a focus on the entrepreneur as the driving force in economic activity rather than on anonymous `forces' as found in most economic theory today * introduces a powerful though simplified model to explain the difference between modern theory of recession and classical theory of the business cycle * great emphasis is placed on the consequences of decision making under uncertainty * offers an introductory understanding, accessible to the non-specialist reader. The aim of this book is to redirect the attention of economists and policy makers towards the economic theories that prevailed in earlier times. Their problems were little different from ours but their way of understanding the operation of an economy and dealing with those problems was completely different. Free Market Economics, Third Edition will help students and general readers understand classical economic theory, written by someone who believes that this now-discarded approach to economic thought was superior to what is found in most of our textbooks today.

What'S Wrong with Keynesian Economic Theory? (Hardcover): Steven Kates What'S Wrong with Keynesian Economic Theory? (Hardcover)
Steven Kates
R2,304 Discovery Miles 23 040 Shipped within 7 - 12 working days

One of the most striking phenomena in all of economics is the absence of a deep tradition of criticism focused on Keynesian economic theory. There have been critics but they are few and far between, even though Keynesian demand management has been at the centre of some of the worst economic outcomes in history, from the great stagflation of the 1970s to the twenty-year `lost decade' in Japan that has been ongoing since the 1990s, and now, once again, the dismal recoveries that have followed the Global Financial Crisis. This book brings together some of the most vocal critics of Keynesian economics of the present time. Each author attempts to explain what is wrong with Keynesian theory for those seeking guidance on where to turn for a more accurate explanation of the business cycle and what to do when recessions occur. The contributions are by scholars from a wide number of schools of economics, which include but are not restricted to Austrian, monetarist and classical perspectives. Written not just for economists, this accessible book is one of the few anti-Keynesian texts available and explains the inability of public spending and lower interest rates to have restored robust economic growth and full employment after the GFC. The collection offers an antidote to contemporary macroeconomic theory. It is an essential text for anyone wishing to understand why no stimulus has been able to bring recovery to any economy in which it has been tried.

Defending the History of Economic Thought (Hardcover): Steven Kates Defending the History of Economic Thought (Hardcover)
Steven Kates
R1,755 Discovery Miles 17 550 Shipped within 7 - 12 working days

This book explains the importance of the history of economic thought in the curriculum of economists, whereas most discussions of this kind are devoted only to explaining why such study is of value simply to the individual economist. Steven Kates reaches out past the individual to explain the crucial importance of the history of economic thought in the study of economics itself; without its history at the core of the curriculum, he contends, economics is a lesser subject, less penetrating, less interesting and of much less social value. The author argues that it is the orientation that historians of economic thought give to economics in general that may be one of HET's greatest virtues, with the mainstream continuously challenged because historians of economics keep bringing other, perhaps wrongly neglected, economic traditions into the conversation. This book clarifies not just why anyone who wishes to understand economic theory must understand the history of economics but also, and much more importantly, why the history of economic thought must be preserved as a core component within the economics curriculum if economic theory is to progress. This fascinating and thought-provoking book will prove invaluable reading for academics, researchers, lecturers and students across the expansive economics field.

The Global Financial Crisis - What Have We Learnt? (Hardcover): Steven Kates The Global Financial Crisis - What Have We Learnt? (Hardcover)
Steven Kates
R2,183 Discovery Miles 21 830 Shipped within 7 - 12 working days

The Global Financial Crisis is a unique investigation into the causes of the most savage economic downturn experienced since the Great Depression. Employing wide and divergent perspectives - which are themselves critically examined - this study analyses the measures that have been taken to restore our economies to acceptable rates of unemployment and growth. This book brings together economists, all of whom are from outside the mainstream and who collectively represent the broadest range of views from across the entire spectrum of economic opinion, to examine what has been learnt from this experience. With the advent of this challenging new work, these alternative perspectives should now receive a far closer examination given the unmistakable economic failures endured over the past few years. Written in an accessible manner, this book will appeal to economists, economic policy-makers and students of economics and public policy who are trying to look at alternative ways of understanding why the Global Financial Crisis (GFC) occurred and what ought to have been the appropriate response. Anyone who is genuinely interested in the causes of the GFC, and why the policies that were adopted failed to bring about the recovery that was intended, will find this book a fascinating read.

Macroeconomic Theory and its Failings - Alternative Perspectives on the Global Financial Crisis (Paperback): Steven Kates Macroeconomic Theory and its Failings - Alternative Perspectives on the Global Financial Crisis (Paperback)
Steven Kates
R635 Discovery Miles 6 350 Shipped within 7 - 12 working days

This innovative book focuses on the current global financial crisis and the inadequacies of the economic theories being used to guide policy. In so doing, it tackles the economic theories that have been used firstly to understand its causes and thereafter to contain the damage it has brought. The contributors bring together different perspectives from across the entire spectrum of economic opinion to examine what is likely to be the single most important economic problem of our time. The unifying feature is that all of the authors disagree with the standard mainstream neo-classical models being applied in attempting to comprehend what has gone on and then, more importantly, to devise policies to bring this recession to an end. The problems that modern macroeconomics may have caused in being the basis for economic policy are addressed, and it is concluded that the deepening problems found in economies across the developed world are not due to governments having refused to take the advice of their economic advisors but are in many respects due to their actually having taken this advice. Suggesting alternative ways of understanding how economies work so that other types of policies might be used instead, this book will prove a fascinating read not just for scholars and policy-makers concerned with our macroeconomic and financial problems but for anyone interested in deepening their understanding of our contemporary economic debate.

Say'S Law and the Keynesian Revolution - How Macroeconomic Theory Lost its Way (Hardcover, UK ed.): Steven Kates Say'S Law and the Keynesian Revolution - How Macroeconomic Theory Lost its Way (Hardcover, UK ed.)
Steven Kates
R2,250 Discovery Miles 22 500 Shipped within 7 - 12 working days

This highly original contribution examines one of the most controversial concepts in the history of economics - the true meaning of the Law of Markets. This has been a contentious issue since the publication of Keynes's General Theory, but has also divided economists since it first emerged almost two centuries ago in the writings of James Mill. This book discusses the change in the understanding of the nature of the business cycle wrought by the General Theory whose major innovation in overturning Say's Law was to introduce demand deficiency into mainstream economic thought. The volume provides a robust and innovative exposition of the crucial point of division between classical and Keynesian economics, demonstrating that the role of demand deficiency was the fundamental issue at stake. Steven Kates first discusses Keynes's interpretation of Say's Law before documenting its development within classical theory. He then charts the development of post-General Theory interpretations of Say's Law, challenging Keynes's definition which was captured in the phrase `supply creates its own demand'. The author also attempts to unravel the vast literature on the progress made by Keynes between his Treatise on Money published in 1930 and the General Theory, published six years later. He suggests that the crucial point in the origins of the General Theory was Keynes's discovery of Malthus's writings on Say's Law at the very depths of the Great Depression in 1932. This provocative book will be required reading for scholars and students interested in the history of economic thought, the history of macroeconomics and the Keynesian revolution.

What'S Wrong with Keynesian Economic Theory? (Paperback): Steven Kates What'S Wrong with Keynesian Economic Theory? (Paperback)
Steven Kates
R778 Discovery Miles 7 780 Shipped within 7 - 12 working days

One of the most striking phenomena in all of economics is the absence of a deep tradition of criticism focused on Keynesian economic theory. There have been critics but they are few and far between, even though Keynesian demand management has been at the centre of some of the worst economic outcomes in history, from the great stagflation of the 1970s to the twenty-year `lost decade' in Japan that has been ongoing since the 1990s, and now, once again, the dismal recoveries that have followed the Global Financial Crisis. This book brings together some of the most vocal critics of Keynesian economics of the present time. Each author attempts to explain what is wrong with Keynesian theory for those seeking guidance on where to turn for a more accurate explanation of the business cycle and what to do when recessions occur. The contributions are by scholars from a wide number of schools of economics, which include but are not restricted to Austrian, monetarist and classical perspectives. Written not just for economists, this accessible book is one of the few anti-Keynesian texts available and explains the inability of public spending and lower interest rates to have restored robust economic growth and full employment after the GFC. The collection offers an antidote to contemporary macroeconomic theory. It is an essential text for anyone wishing to understand why no stimulus has been able to bring recovery to any economy in which it has been tried.

Wine Lib/E - A No-Snob Guide; Drink Outside the Box (Standard format, CD): Lori Stevens Wine Lib/E - A No-Snob Guide; Drink Outside the Box (Standard format, CD)
Lori Stevens; Read by Kate Reading
R455 R329 Discovery Miles 3 290 Save R126 (28%) Shipped within 7 - 11 working days
The Global Financial Crisis - What Have We Learnt? (Paperback): Steven Kates The Global Financial Crisis - What Have We Learnt? (Paperback)
Steven Kates
R714 Discovery Miles 7 140 Shipped within 7 - 12 working days

The Global Financial Crisis is a unique investigation into the causes of the most savage economic downturn experienced since the Great Depression. Employing wide and divergent perspectives - which are themselves critically examined - this study analyses the measures that have been taken to restore our economies to acceptable rates of unemployment and growth. This book brings together economists, all of whom are from outside the mainstream and who collectively represent the broadest range of views from across the entire spectrum of economic opinion, to examine what has been learnt from this experience. With the advent of this challenging new work, these alternative perspectives should now receive a far closer examination given the unmistakable economic failures endured over the past few years. Written in an accessible manner, this book will appeal to economists, economic policy-makers and students of economics and public policy who are trying to look at alternative ways of understanding why the Global Financial Crisis (GFC) occurred and what ought to have been the appropriate response. Anyone who is genuinely interested in the causes of the GFC, and why the policies that were adopted failed to bring about the recovery that was intended, will find this book a fascinating read.

Macroeconomic Theory and its Failings - Alternative Perspectives on the Global Financial Crisis (Hardcover): Steven Kates Macroeconomic Theory and its Failings - Alternative Perspectives on the Global Financial Crisis (Hardcover)
Steven Kates
R2,305 Discovery Miles 23 050 Shipped within 7 - 12 working days

This innovative book focuses on the current global financial crisis and the inadequacies of the economic theories being used to guide policy. In so doing, it tackles the economic theories that have been used firstly to understand its causes and thereafter to contain the damage it has brought. The contributors bring together different perspectives from across the entire spectrum of economic opinion to examine what is likely to be the single most important economic problem of our time. The unifying feature is that all of the authors disagree with the standard mainstream neo-classical models being applied in attempting to comprehend what has gone on and then, more importantly, to devise policies to bring this recession to an end. The problems that modern macroeconomics may have caused in being the basis for economic policy are addressed, and it is concluded that the deepening problems found in economies across the developed world are not due to governments having refused to take the advice of their economic advisors but are in many respects due to their actually having taken this advice. Suggesting alternative ways of understanding how economies work so that other types of policies might be used instead, this book will prove a fascinating read not just for scholars and policy-makers concerned with our macroeconomic and financial problems but for anyone interested in deepening their understanding of our contemporary economic debate.

Two Hundred Years of Say's Law - Essays on Economic Theory's Most Controversial Principle (Hardcover): Steven Kates Two Hundred Years of Say's Law - Essays on Economic Theory's Most Controversial Principle (Hardcover)
Steven Kates
R2,069 Discovery Miles 20 690 Shipped within 7 - 12 working days

This provocative book examines the standing of Say's Law two centuries after its initial statement in 1803. From the 30 year General Glut debate at the start of the nineteenth century which focused solely on its truth, to the Keynesian revolution and Keynes's successful attempt to convince his fellow economists that Say's Law was wrong, it remains the most controversial principle in the history of economic theory. The central question - not resolved to this day - is this: can demand deficiency ever be the cause of recession and, if so, are greater levels of unproductive spending an appropriate response? The thrust of the argument is that if Say's Law is valid, much of modern macroeconomic theory is fatally flawed. The book explores the validity of this problematic principle, reminding us that this 200 year debate has not yet been laid to rest. The specially commissioned papers within this volume - by authors representing the full range of economic opinion today - spell out where this two hundred year old debate now stands. The book seeks to provide an understanding of the place of this principle in the minds of economists 200 years after it was first made explicit in the works of Jean-Baptiste Say. Providing a spectrum of perspectives both for and against the principles underlying Say's Law, this accessible book will be a captivating read for economists, economic historians and non-specialists alike.

Economics for Infants (Hardcover): Steven Kates Economics for Infants (Hardcover)
Steven Kates
R467 R389 Discovery Miles 3 890 Save R78 (17%) Shipped within 7 - 11 working days
The Art of the Impossible (Paperback): Steven Kates The Art of the Impossible (Paperback)
Steven Kates
R659 R539 Discovery Miles 5 390 Save R120 (18%) Shipped within 7 - 11 working days
Say'S Law and the Keynesian Revolution - How Macroeconomic Theory Lost its Way (Paperback, UK ed.): Steven Kates Say'S Law and the Keynesian Revolution - How Macroeconomic Theory Lost its Way (Paperback, UK ed.)
Steven Kates
R734 Discovery Miles 7 340 Shipped within 7 - 12 working days

This highly original contribution examines one of the most controversial concepts in the history of economics - the true meaning of the Law of Markets. This has been a contentious issue since the publication of Keynes's General Theory, but has also divided economists since it first emerged almost two centuries ago in the writings of James Mill. This book discusses the change in the understanding of the nature of the business cycle wrought by the General Theory whose major innovation in overturning Say's Law was to introduce demand deficiency into mainstream economic thought. The volume provides a robust and innovative exposition of the crucial point of division between classical and Keynesian economics, demonstrating that the role of demand deficiency was the fundamental issue at stake. Steven Kates first discusses Keynes's interpretation of Say's Law before documenting its development within classical theory. He then charts the development of post-General Theory interpretations of Say's Law, challenging Keynes's definition which was captured in the phrase `supply creates its own demand'. The author also attempts to unravel the vast literature on the progress made by Keynes between his Treatise on Money published in 1930 and the General Theory, published six years later. He suggests that the crucial point in the origins of the General Theory was Keynes's discovery of Malthus's writings on Say's Law at the very depths of the Great Depression in 1932. This provocative book will be required reading for scholars and students interested in the history of economic thought, the history of macroeconomics and the Keynesian revolution.

Wine Lib/E - A No-Snob Guide; Drink Outside the Box (Standard format, CD): Lori Stevens Wine Lib/E - A No-Snob Guide; Drink Outside the Box (Standard format, CD)
Lori Stevens; Read by Kate Reading
R571 R414 Discovery Miles 4 140 Save R157 (27%) Special order
Wine Lib/E - A No-Snob Guide; Drink Outside the Box (MP3 format, CD): Lori Stevens Wine Lib/E - A No-Snob Guide; Drink Outside the Box (MP3 format, CD)
Lori Stevens; Read by Kate Reading
R383 R287 Discovery Miles 2 870 Save R96 (25%) Special order
Jean-Baptiste Say - Critical Assessments of Leading Economists (Hardcover, illustrated edition): John Cunningham Wood, Steven... Jean-Baptiste Say - Critical Assessments of Leading Economists (Hardcover, illustrated edition)
John Cunningham Wood, Steven Kates
R28,962 Discovery Miles 289 620 Special order

Although Jean-Baptiste Say (1767-1832) is remembered primarily for "Say's Law", one of the cornerstones of classical economics, he was also an early proponent of the utility theory of value, and was therefore very much at odds with his classical contemporaries, to whom labour was the source of value. Say's best-known work, his "Traite d'economie politique" was intended as a shorter and more systematic presentation of economics than Adam Smith's "Wealth of Nations". The success of this book (printed in 5 editions) made Say the best-known expositor of Smith in Europe and America, and he became France's first professor of political economy. Much controversy has surrounded the question of Say's originality in developing the principle (that supply creates its own demand - the doctrine ultimately named "Say's Law"). Claims have been made for James Mill as the real author of "Say's Law", but Mill was only the first of many to reformulate and elaborate what Say had done. Say never resolved his differences with Ricardo as to whether value was based on labour or utility, but in correspondence with Sismondi and Malthus he came ultimately to reconcile "Say's Law" with their theories of aggrega

Financial Management Handbook for Associations and Nonprofits (Paperback, New ed.): Craig Stevens, Kate Petrillo, Dawn Brown Financial Management Handbook for Associations and Nonprofits (Paperback, New ed.)
Craig Stevens, Kate Petrillo, Dawn Brown
R1,601 Discovery Miles 16 010 Special order

Sound financial management and reporting practices are critical for an organization to be successful. Loaded with samples, this publication provides you with a wealth of information to successfully handle your association's revenue and expenses. Chapters include Generally Accepted Accounting Principles, Accounting Systems, Budgeting, Financial Reporting, Internal Control, Relationship with Auditors, and Tax Reporting.

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