British Journal eBook

eBook Journal in PDF, ePub, Mobi and Kindle Formats

Economic Wealth Creation and the Social Division of Labour

Economic Wealth Creation and the Social Division of Labour

‘This is the second book of a two-volume set that continues Adam Smith's work, using the tools mathematical, experimental, and behavioural economists have developed since 1776. As in the first volume, markets are not the central organising principle. Instead, attention centres on social institutions and the division of labour that they enable. The book studies this via the endogenous division of labour that existing institutions help form. The first book in the series examined this problem deeply, resorting minimally to formal mathematical modelling; the second volume is where the formal modelling blossoms. General equilibrium theory meets network theory and receives a breath of fresh air, including a new viewpoint on economic inequality, the newly resurgent bane of capitalism. What I said for the first volume applies to this second volume equally: if you care to understand the economy, this book belongs to your bookshelf.’ —Dimitrios Diamantaras, Temple University, Philadelphia, USA This textbook introduces and develops new tools to understand the recent economic crisis and how desirable economic policies can be adopted. Gilles provides new institutional concepts for wealth creation, such as network economies, which are based on the social division of labour. This second volume introduces mathematical theories of the endogenous formation of social divisions of labour through which economic wealth is created. Gilles also investigates the causes of inequality in the social division of labour under imperfectly competitive conditions. These theories frame a comprehensive, innovative and consistent perspective on the functioning of the twenty-first century global economy, explaining many of its failings. Suitable reading for advanced undergraduate, MSc and postgraduate students in microeconomic analysis, economic theory and political economy.

Download Now

Author
Publisher Springer
Release Date
ISBN 3030044262
Pages 311 pages
Rating 4/5 (68 users)

Hence, objective socio-economic roles have a central place in the design and maintenance of a well-functioning social division of labour that generates social wealth for all participants in the socio-economic space.1 The fundamental ...

More Books:

Economic Wealth Creation and the Social Division of Labour
Language: en
Pages: 311
Authors: Robert P. Gilles
Categories: Business & Economics
Type: BOOK - Published: 2019-02-09 - Publisher: Springer

GET EBOOK

‘This is the second book of a two-volume set that continues Adam Smith's work, using the tools mathematical, experimental, and behavioural economists have dev
Wealth, Public Debt, and Taxation, 1922
Language: en
Pages: 34
Authors: United States. Bureau of the Census
Categories: United States
Type: BOOK - Published: 1924 - Publisher:

GET EBOOK

The Wealth or Health of Nations
Language: en
Pages: 168
Authors: Carol Johnston
Categories: Religion
Type: BOOK - Published: 2010-10-01 - Publisher: Wipf and Stock Publishers

GET EBOOK

Why has our society become so focused on money--and at what human cost? Carol Johnston explores the value assumptions of Western economic theory, revealing what
Towards an Anthropology of Wealth
Language: en
Pages: 138
Authors: Theodoros Rakopoulos
Categories: Social Science
Type: BOOK - Published: 2020-06-04 - Publisher: Routledge

GET EBOOK

Aiming to redefine the concept of wealth, which has too often been reduced to merely ‘accumulated assets’, this book views wealth primarily as a question of
Journal of Business Venturing
Language: en
Pages: 606
Authors:
Categories: Business
Type: BOOK - Published: 1994 - Publisher:

GET EBOOK

Wealth and Progress
Language: en
Pages: 422
Authors: George Gunton
Categories: Economics
Type: BOOK - Published: 1888 - Publisher:

GET EBOOK

Museums and Wealth
Language: en
Pages: 288
Authors: Nizan Shaked
Categories: Art
Type: BOOK - Published: 2022-01-13 - Publisher: Bloomsbury Publishing

GET EBOOK

A critical analysis of contemporary art collections and the value form, this book shows why the nonprofit system is unfit to administer our common collections,
The Law of Sovereign Wealth Funds
Language: en
Pages: 192
Authors: Fabio Bassan
Categories: Law
Type: BOOK - Published: 2011 - Publisher: Edward Elgar Publishing

GET EBOOK

Bassan provides a remarkable compendium on the relevant laws, regulations, and standards affecting sovereign wealth funds. These institutions are now at the ver
The Wealth Paradox
Language: en
Pages:
Authors: Frank Mols
Categories: Psychology
Type: BOOK - Published: 2017-05-09 - Publisher: Cambridge University Press

GET EBOOK

The West is currently in the grip of a perfect storm: a lingering economic recession, a global refugee crisis, declining faith in multiculturalism, and the rise
Adam Smith's Wealth of Nations
Language: en
Pages: 228
Authors: Adam Smith
Categories: Business & Economics
Type: BOOK - Published: 1995 - Publisher: Manchester University Press

GET EBOOK

In order to understand the impact of Smith's text across the academic disciplines, this volume brings together leading scholars from fields of economics, politi

Powered By WordPress | LMS Academic